LEIBOVIT VR NEWSLETTERS – MONDAY – JULY 22, 2024
RECORDED BEFORE DONALD TRUMP ASSASSINATION ATTEMPT
https://www.howestreet.com/2024/07/are-the-latest-stock-market-bumps-manipulation-mark-leibovit/
The so-called SUMMER RALLY ended last week and if history and cycles repeat themselves we could see weakness into the traditional August-October time frame. I am sure there will be rally tries, especially with earnings reports ahead, but the overall manipulation of the market (possibly with the cooperation of contrived earnings reports) will continue. I am not a psychic but my call for Black Swans have been reported herein for quite some time. Solar Flares, the Trump assassination attempt, the Crowdstrike/Microsoft software failure, and government intervention in the equity and other markets are part and parcel of what we’ve been experiencing.
The major averages all finished the day firmly in negative territory. The Dow slumped 377.49 points or 0.
9 percent to 40,287.53, the Nasdaq slid 144.28 points or 0.8 percent to 17,726.94 and the S&P 500 fell 39.59 points or 0.7 percent to 5,505.00.
For the week, the major averages turned in a mixed performance. The tech-heavy Nasdaq plunged by 3.7 percent and the S&P 500 tumbled by 2.0 percent, but the Dow climbed by 0.7 percent.
With concerns about the outlook for tech stocks recently […]
