China took a back seat last week as Washington’s political dysfunction retook center stage in the headlines... But with the infrastructure bill on hold along with the debt ceiling, guess who’s back in the spotlight? Evergrande defaulted on payments this past weekend, causing Hong Kong’s Hang Seng exchange to fall over 2%.
All of these negative headlines are starting to take their toll, pushing S&P 500 futures down more than 1.5% by midday Monday before closing down 1.3%.
The Nasdaq had a bit of a double-whammy as Facebook was the latest tech firm to get smeared in the headlines.
The social media company is facing claims of burying research about potential negative effects for users as well as not doing enough to halt rampant disinformation on its platforms. Shares dropped over 5.5% Monday, weighed down social media stocks, as the QQQ, an ETF that tracks the Nasdaq, fell more than 2% on the day.
But even when the market goes haywire like it has over the past three weeks, there are opportunities for traders to come away with a win...
Retirement is the modern day nightmare, as anyone approaching it would know…
Between housing prices, used cars, health care, gas… even groceries… the cost of basic needs has never been higher.
And our income isn’t nearly matching it.
So how are we supposed to make ends meet, let alone retire?
These two traders have found the ultimate weekend side hustle to solve this exact problem. One where they’ve seen simple $500 trades placed Friday afternoon turn into $1,625… $2,930… even $3,550.
How to Limit Risk AND Lock in Big Gains — Even Amid a Market Meltdown October 2, 2021
Even with news that the government shutdown drama is on hold until December, the Nasdaq rallied midday Thursday, only to puke about 100 points into the close before gapping lower at Friday’s open. I wouldn’t call myself a bear, but when I see a weak market like this one — where the internals don’t add up — I don’t hesitate to point it out.
How to Profit From the Weekend Trade Watchlist October 1, 2021
Big money investors spend a lot of time and money to get a head start on the rest of the market and I’ve spent a lot of time figuring out their options trading secrets.
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