The S&P 500 closed down 4.3% today, its largest daily decline since June 2020 and 8th daily decline of 3% or more this year. In the last 70 years, the only years with more 3+% down days than we've already seen in 2022? 2008, 2009 and 2020 $SPX https://t.co/NnyD4XGNlw
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On a bad day for the bulls let's remember that there are companies doing something about inflation for you, the consumer..
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Today was the 7th time this year the Nasdaq plunged 4% or more, putting it on pace for 10 such declines on an annual basis: @bespoke via @isabelletanlee Last year, stocks saw no such declines while 2020 also saw 10. There were only three such drops in total from 2012 through 2019
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I have a lot of respect for Jeremy Siegel but in truth I did not understand anything that he said today. @HalftimeReport
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From @CNBC and a consequence of the #FederalReserve having been so late in reacting to inflationary pressures. A key issue to watch from here: The behavior of #wages. #economy #inflation #markets #centralbanks #fed #EconTwitter https://t.co/pKlshnN17K
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The US Strategic Petroleum Reserve has moved down to 442 million barrels, its lowest level since 1984. The 25% decline this year is already the largest ever for a calendar year by a wide margin, and there's still 3.5 months to go. https://t.co/T2ku52Mn4G
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The one and only Howard Schultz from Starbucks HQ in Seattle - tonight at 6p! https://t.co/rv1oMVWg5u
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All three major U.S. stock indexes posted their worst daily drop since June 2020 as high inflation has proven hard for the Federal Reserve to tame through rate hikes. The Dow Jones Industrial Average fell about 1,276 points, or 3.9%, ending near 31,104: https://t.co/ENYGACMvCI https://t.co/lDnXJzfvxm
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Today was just the fourth time since 1998 that core CPI exceeded forecasts by 0.3 percentage points or more. https://t.co/pW60vs8sHl https://t.co/QYNsnJlbj3
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$SBUX: seeing record consumer demand & brand "immune” to-date from any downturn. Record sales week 2 weeks ago. Forward 3 yr guide: +3 to +4% net store growth with 40% revenue growth & margin expansion. New-unit ROIs to be 50% with 25% cash margins. #qualityonsale
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Market expectations for Fed Rate Hikes after today's CPI report... September: 75 bps hike to 3.00-3.25% November: 75 bps hike to 3.75-4.00% December: 25 bps hike to 4.00-4.25% Change from yesterday: 25 bps upward shift, with November moving from 50 bps hike to 75 bps hike.
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We’re using Tuesday’s market drubbing to buy more shares of a high-quality holding. See which name I bought and learn more about why we’re investing in this company by joining the Investing Club today with this special offer! Click here to become a member: https://t.co/eY42bJ3a19
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Everyone should Print out Day Count Rules. regardless of CPI. Day#4 or Day#5 to the upside which what today was. U Shouldn’t have been so big. https://t.co/wSQRR8y9aJ
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May not feel like it, but the S&P is right about where it was trading last Thursday at 3 PM ET.
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If you have a small account (Less than 20k) you need to be apart of the Small Account Challenge! I have done 5 Small Account Challenges: 4 of them I have grown my account to over $75,000 1 of them I have grown my account to over $25,000 1 of them I broke even after three months
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