Monday, October 22, 2018: Stocks Continue Lower Mixed Performance




The State of the Markets

DOW -44.70—-NASDAQ +54.50—-SP500 +0.53—-NYSE 27.86




Portfolio Leaders: SHOP, AAPL, ISRG
Portfolio Laggards: CAT, JNJ, T

The Dow opened in the green this morning, but soon faltered and is now in the red in double-digits.

Overall, the market indices are mixed.

In the Top Performers List: GRUB, LULU, AMZN, AAPL, WWE

With the following in the red today: PG, CLX, UNH, JNJ, COST

This most recent market correction is still developing, and I see no real rebound in sight. So, I’m just watching my lists for now and waiting for the right time to make some moves. It could be that the markets will fall further to finish the so-called October Effect. And in November after much of the earnings reports have been publicly reported, perhaps the stock market will begin to bounce back.

But right now, this is a time to just watch to see what happens. Lots of volatility going on and A+ companies are down right now… theoretically a good time to buy (into the dip) but we need to watch to see where rock bottom lies.




Top Leaders

Shopify (SHOP)
finviz dynamic chart for  SHOP
Apple (AAPL)
finviz dynamic chart for  AAPL
Intuitive Surgical (ISRG)
finviz dynamic chart for  ISRG

Disclaimer: The content provided here is for information and entertainment purposes only. It is not intended as an offer or solicitation to purchase any investment. And this material should not be taken as investment advice, since investors’ needs and strategies may vary. Investing in equities is subject to extreme volatility.
Trade at your own risk.

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Carlos Rull

Carlos Rull is a musician living in the San Diego area. His interests include Yoga, Eastern Philosophy, Zen Buddhism, and Gardening. He plays drums, piano, and composes New Age & Ambient music, and his albums are available on iTunes and Amazon.com.

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