$QQQ$SPY$IWM$VIX This wuhan virus triggered decline packs the punch of the fin crisis meltdown, the sting of '87 crash and the hangover of the dotcom bust. Thats a 3 for 1 right there.
Big Julys are often followed by late-summer or autumn selloffs and better buying opportunities than now. July gains in excess of 3.5% for DJIA have been followed historically by declines of 7.2% on average in the Dow with a low at some point in the last 5 months of the year.
$qqq$spy$iwm$vix mkt backdrop provides ample cover for all kindsa fuc ups, this earnings season no restraint needed to issue large guidance cuts and reset for easier comps in the future.
For the first time, a proposed renewal of an audit contract for one of our companies was presented with an inflation factor to justify the increase in the annual fee. The biggest risk to the US economy is not the Fed raising rates. It is inflation which is hurting consumer and