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Bad news, guys... It looks like the next stock market sell-off is in July.
As a matter of fact, it's happening right now.
Monday morning started off with a nasty surprise. There was a major sell-off in Europe, and U.S. stocks fell aggressively with the Dow Jones plummeting more than 800 points — that's almost the worst decline of the year so far. Oil and bonds tumbled as well.
Why?
This is all thanks to the rising concern of the COVID-19 delta variant.
That's why today, I'm going to look at everything the stock market has done, and some key levels in my macro indicators that'll give us a detailed road map to navigate through this (and the next) sell-off — without panicking or making any knee-jerk reactions with our trades. | | |
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Jeff Z | Jeff Zananiri spent over two decades on Wall Street learning how the best made consistent money in the market. | | |
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