Get Your Game On, Powell Stumbles, Greatness Awaits, Sizing Up Friday Let s see what, if any, impact the February labor market data have on the markets.
Mar 05, 2021 | 07:31 AM EST
Glory
I got to my desk here on Friday morning at 03:30. Not early. Not late. Usual time.
For the first half hour or so, I try not to even look at social media or anything like that. For 30 minutes I just absorb as much data, read as much opinion, think about what I am trying to do, and drain my first cup of coffee. By 4 a.m. all my trading systems are up, my emails read, and I am pretty much ready to rock.
If you want to be able to bottom fish at lower levels, make sure you ve got a little cash to be able to do it with . because the real rally can t begin until we work through these five stages of grief, the Mad Money host said. Once that happens, though, you don t want to miss it.
His comments come after stocks finished lower for the third-straight session, dropping the tech-heavy Nasdaq Composite into negative territory on the year. The Nasdaq closed at 12,723.47, a 2.11% decline from Wednesday and a 1.28% decline from the beginning of 2020.
The Dow Jones Industrial Average finished at 30,924.14, down 346 points, or 1.1%. The S&P 500 pulled back 1.3% to 3,768.47.
FTSE 100 maintains gain as investors eye latest US payrolls report proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.