Just how far will tech stocks plunge today?

Morning Bullets header logo

Your daily source for trading strategies, tech news, and politically incorrect humor.

Hey there, Bullets Fans –

Your Morning Bullets Brief Updates are here!

 

For access to the latest market stats, the economic data, earnings reports and analyst upgrades and downgrades, just click the menu buttons above.

 

Is this your first time reading? Or are you tired of waiting for a friend to forward it? Just click here to opt in now. 

 

Otherwise, without any further ado – let’s dig in…

Morning Bullets - 5 Things You Need to Know

Image Source: Morning Bullets

Despite the writing on the wall, yesterday’s stock market plunge caught a lot of investors by surprise.

 

We talked yesterday about why this pull back is actually a good thing – but how long is it going to last?

 

The Dow Jones Industrial Average futures look like it will  make back about 100 points of Thursday’s 807 point, or 2.8%, rout ahead of the government’s August employment report.

 

The tech-led reversal weighed even heavier on the S&P 500, which lost 3.5%, and the Nasdaq, which lost a whopping 5%.

 

S&P and Nasdaq futures were under continued pressure Friday.

 

As bad as Thursday’s sell-off was it did come after a powerful summer rally that had sent the S&P 500 and Nasdaq to multiple record highs and the Dow to about 3% away from its record high on Feb. 12.

 

So what can we expect to happen as we head into the long weekend?

 

{read more}

Other Top Financial News

Buy At A Discount & Get Paid To Do It!

Recommended Link:
Click Here
Every day, millions of traders buy and sell stocks. And it turns out that all this trading has opened up a little-known trading strategy…
That makes it possible to buy the world’s most valuable stocks at a huge discount… and GET PAID for doing so. 
The price of Amazon’s stock has gone up by $1,110.84 since the beginning of the year. That means owning 100 shares of Amazon could have led to a profit of $111,084 in just six months.
And this obscure trading strategy lets anyone buy Amazon shares at a discount.

This secret is our best chance to make a fortune in the stock market without investing thousands of dollars up-front.

Picture of the US flag, a down slock trend line and some other ticker symbols

Image Source: Catana Capital

We’re facing the single greatest economic disaster of most of our lifetimes.

 

And if recent market activity is any reliable indicator, it ain’t over yet.

 

So, for those of you trying to come up with the best investing strategy that works in a recession, there’s good news.

 

This could be it. And it get’s better, because this play is so simple that any investor can master it with ease.

 

Is this what your portfolio has been looking for?

 

{read more}

Market Movers & Predictions

Thanks for reading today and being a loyal subscriber.

 

Know someone who should be getting these Bullet Briefs?

 

Make sure to send them over to www.morningbullets.com to subscribe.

Stay tuned for our next edition!

 

 

Your biggest fan,

Image

Fredrick Frost

P.S.  We’d love your opinion. 

How useful did you find today’s Morning Bullets?

Not useful – 21.42%

It was ok – 13.76%

It was good – 39.70%

Very Useful – 25.12%
Note: Percentages are updated once per week on Sundays and include all feedback since inception.