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Freaky Friday

All three indexes are now in correction territory. It also looks like Friday is the day the market decides to kill all hope of a meaningful rally. Nobody wants to go into the weekend with large positions, not with Tariff Man on the loose on Twitter.

Tech is in the gutter and news from China aren’t good. It looks like the trade war is having an impact on the Chinese economy, but you would be a fool to think this won’t comeback to us. The damage will swift and severe when it does.

The market doesn’t teach us shit. The market gives and takes. That’s it. People only learn from pain.

SPX

Dow

COMPQ

 

 

 

 

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