How Would You Describe the Market’s Worst Day Since 2022?

MillionaireTiger
07-25

Welcome to Thursday Special![LOL]

The $S&P 500(.SPX)$'s impressive 356-day streak of avoiding a 2% decline has officially ended. [Cry]

Big tech earnings and Bill Dudley’s rate cut comments emboldened sellers, resulting in the market’s worst day since Q4 2022. 📉

Meanwhile, the fear index $Cboe Volatility Index(VIX)$ has surged to $18. [Surprised]

With tomorrow being options expiration Friday, are we in for an even wilder ride?[OMG]

In one word or phrase, how would you describe the severity of this market drop?

🎁Prizes

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Which Defensive Stocks Are You Betting On to Outperform in a Market Pullback?
As the labor market cools, traders are pushing expectations for a 50 basis point rate cut in September even further. Despite the mixed market, defensive stocks continue to lead the way. 💡 Which defensive stocks are on your radar?
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Comments

  • highhand
    07-25
    highhand
    Smashing. Just loving it.
  • ADguynight
    07-25
    ADguynight

    血流成河

  • ECLC
    07-26
    ECLC
    "Sale Worth Waiting For"
  • Bonta
    07-25
    Bonta
    Already been positioning for market reversal for a while with $ProShares UltraPro Short QQQ(SQQQ)$ $Direxion Daily Small Cap Bear 3X Shares(TZA)$ and continued selling calls on weaker stocks and stocks that I owned.


    Hence, my account actually rose instead of drop. Unsure of how long this reversal will last. Will have to remain nimble and see when to sell puts for greater margin of safety and take profits on my hedges.
  • koolgal
    07-25
    koolgal

    🌟🌟🌟"It's Bargain Hunting Day!" That's how I would describe the worst day since 2022.  It's time to jump into action to bargain hunt Top quality stocks like the Magnificent 7.  I bought Nvidia at USD 115 which is a great price as it was only rather recent that this phenomenonal company was trading at USD 140!

    As Warren Buffett likes to say When there is Fear in the markets it is time to be greedy! 

    @MillionaireTiger  @TigerStars  @Tiger_comments  

  • nomadic_m
    07-26
    nomadic_m
    shopping spree 🛒🛍️

    $Invesco QQQ Trust-ETF(QQQ)$ is now 10% off its all-time high! So many great investment options to choose from, but not enough funds to snag them all! 🤯

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