Stock Market Drops, But It's Not Time To Panic by Brad McMillan, Commonwealth Financial Network.
Yesterday was a bad one for the markets, with the S&P 500 falling almost 1.5 percent. With this morning’s additional drop, we’ve broken the 100-day moving average.
Time to worry?
Not yet. I’m writing this now to get ahead of the curve, since it looks like we may be in for a bit of a drawdown. As of this morning, the S&P 500 is down a little over 3 percent, which is nothing to worry about, but it might head lower.
Putting this market drop in context
There...
This content is exclusively for paying members of Hedge Fund Alpha
Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha
Don’t have an account?
Subscribe now and get 7 days free!
This article is only available for Premium Members
Subscribe today and get :
Insider Strategies and Letters to Shareholders from the Top Hedge Funds
Exclusive Access to coverage of Private, Closed-Door Investor Conferences
Hedge Fund Manager Research Currently Producing 21% – 40% Returns Annually
Don’t have an account?
Subscribe now and get 7 days free!