Saturday, November 24, 2018: A Dreadful Thanksgiving Week for the Markets




This is Really Getting Old!

DOW -178.74—-NASDAQ -33.27—-SP500 -17.37—-NYSE -87.10




Portfolio Leaders: SHOP, CTL
Portfolio Laggards: BPT, AAPL, BA

Oh man, what a horrible week on the stock market!

I remember we were at nice levels of profit at the beginning of October, then the roof caved in.

Now I can understand that the week of Thanksgiving has traditionally been a low volume week, but this was a descending week that was also low volume.

With every week since the beginning of October, investors would think any given week was rock bottom, but we continue to sink further week after week!

At this point, the coming last week of November is not to be trusted. And I am already resigned to losing more money, while gaining money day trading!

Eventually, the markets will bounce back, but when, and given the current fiascos under the current administration, there is much uncertainty.




Friday’s Leaders

Shopify (SHOP)
finviz dynamic chart for  SHOP
Century Link (CTL)
finviz dynamic chart for  CTL




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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