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STOCKS PLUNGE as Extreme Greed Leads To Market Fallout! Leverage At Record Levels

STOCKS GET FLUSHED

The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.

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The stock market took another beating. And all the speculators have been wondering is, when will the Fed step in to help out? There can always be a down day, but 3 in a row? That’s impossible they say! At what point will people realize that this isn’t a game. You need to actually know what you’re doing. Amateurs are using options and the only thing they’ve been told is that stocks always go up so you really can’t lose. What a horrible lie they’ve been sold.

 

Stock market today: Dow drops 600 points as tech stocks fall again, Nasdaq down 10% in 3 days

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Tesla falls 21%, worst single-day loss in its history

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Tesla stock suffers biggest-ever drop as it starts its second bear market this year – MarketWatch

https://www.marketwatch.com/story/tesla-stock-tumbles-toward-2nd-bear-market-in-6-months-2020-09-08

Elon Musk Loses Record $16.3 Billion With Wild Wealth Swings

https://finance.yahoo.com/news/elon-musk-loses-record-16-205623505.html

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The 1998 Correction & The Run To The Peak – RIA

The 1998 Correction & The Run To The Peak

The curent exuberance in the market today is reminicent of the 1998 correction and the subsequent run to the peak in 2000.

Bond king Jeffrey Gundlach says the surge in retail investor activity is ‘downright terrifying’

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Byron Wien: «The Market is Vulnerable»

Byron Wien: “The Market is Vulnerable”

Blackstone’s market maven Byron Wien sees a significant correction risk. He warns of rising speculation in the stock market, the vulnerable state of the U.S. economy and possible turmoil in the course of the presidential election. He also shares his views on where he spots opportunities for patient investors.

The Fed Now Owns Nearly One Third of All US Mortgages

The Fed Now Owns Nearly One Third of All US Mortgages

Nearly $7 Trillion in Securities, $2 Trillion MortgagesAs of August 26, 2020 the Fed’s Balance Sheet is nearly $7 trillion total of which $3.7 trillion are notes or bonds, and nearly $2 …

Why the real unemployment rate is likely over 11%

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Coronavirus travel: Labor Day travelers hit nearly 6-month high but weekend caps dismal summer

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US budget deficit hits record $3 trillion: CBO | TheHill

US budget deficit hits record $3 trillion: CBO

The federal budget deficit hit an unprecedented $3 trillion in August, with another month to go before the end of the fiscal year, according to estimates from the Congressional Budget Office (CBO). That figure amounts to $1.9 trillion more than the same period last year, and more than double the largest yearlong deficit on record, the…


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The Money GPS is the most active, most informative channel in the financial world. Day after day, breaking down the data and making it easy to understand. This channel is not here to help build a portfolio, give stock picks, or financial advice. It’s simply data that is generally not found through conventional means.Stocks have risen in 2020. The stock market is appreciating in this period of the year. The bond market has remained at historic levels which is due to banks and their activities.

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The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.

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