Abigail . Another roller coaster ride, earlier up more than 1 , and then down more than 1 . Right now we are down about 1 . The volatility we have seen all we continue. This started last week, major averages put in their worst Weekly Performance since january 2016, extending into this week. Lets see this fiveday chart of the doubt. This is monday, where stocks were holding in, and then all of a sudden at the lows, down 1600 points. Buy the did action, frenzied buying, resulting in wednesday being flat. Now we are whipsawed, but we just put in a lower low. That tells us the sellers are in control. Year, we had that big rally for the major averages, climbing , climbing, a slow melt up. We have seen lots of small swings on an intraday basis. February, look at these massive moves for the doubt. That continues to build. Volatility breeds volatility, so this suggests we are likely to see more of the same. In terms of the big names dragging, we are looking at highquality companies, boeing, 3m
I think that is an importantd point. It has auld happened. And will always happen. Gets one thing that is really encouraging even for this room is at least the younger at journalists and the journalists coming from the businesses ivee been meeting are amazingly intrepid and investigative and have tools that we dont have. Theyre really good at using social media. Theyre really good at searchind on the web and figuring out whats going weon. There are people working for vice and all sorts of ll organizations. Theyre doing really exciting work. And i think thats a very positive indication ore the world is heading. Evenfts insightful, some ome organizations, there are so many people out there trying t get that Information That i think its a real positiv tohat s this plays ly omething steai ear. Plrls th abilietspecially for ntnational vestigive ories, mean some o instigive workf of any news orzagaon over st couple oninte stigvee reporting. So public also, youe trngo cor,so ow, knamount to w
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