Friday, June 10, 2022

Nasdaq - Plunged -330 Points Fearful of Inflation Data

Market plunged big time last evening but before that, there was some mix signals with some crazy wild swings making a trader thought that the market was going to go up where it's real intention was more fearful of the upcoming CPI inflation data which caused the market to head down south. Every stock was dead red and almost all blue chips were really bad beaten down. Longed some stocks and looking forward to next week as I think there might be some relieve from the data. Stocks are getting real cheap and there were some attractive great value stocks that one should not miss. Let's see.

Ronnard - Market Psychologist - A Stock Market Opportunist