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The stock market had its biggest day this month as a series of events compounded into risk off sentiment. Poor retail sales in the morning, more global lockdowns out of New Zealand & China escalation led traders to almost sell off the monthly support on the SP500 @ 444. We heard from Jerome Powell today but it wasn't what most people were expecting, but the market did bounce somewhat. As a key option expiry and Jackson hole approaches, it is looking like the market is pulling between reacting to the Fed or global lockdown fears. Either way, the market is waking up and depending on investor sentiment, we should see some fireworks soon! ITS GOING TO BE EXCITING SO I HOPE YOU ARE READY! POST YOUR WATCHLIST BELOW AND SEE YOU IN THE MORNING!
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DISCLAIMER: These videos are for educational purposes only. Nothing in this video should be construed as financial advice or a recommendation to buy or sell any sort of security or investment. Consult with a professional financial advisor before making any financial decisions.
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