CNBC Mad July 3, 2024
Today the dow lost 109 point thes. Nasdaq only dipped 0. 08 . Bond yields short and long are headed the wrong way, meaning higher. Different stocks always march to the beat of higher rates, march down that is. The markets over bought, we got some new supply coming. Including a gigantic one that was supposed to be red hot, siz sizzling. It seems to be cooling rather rapidly. It doesnt thaep help that we h looming strike against one or all of the big three automakers. Oil prices continue to climb higher. All bad. No wonder people want to sell. It actually makes sense. I made all these worries kc...