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Spooky Market Tales vs Facts — Transcript

by Jordi Visser · 156 words · 27 segments · language en · Watch on YouTube

Full transcript

  1. 0:00So, as I said, uh the entire stock
  2. 0:02market looked like a house of Halloween
  3. 0:03horrors on Friday driven by rapidly
  4. 0:05sinking tech stocks, swelling AI bubble.
  5. 0:08Okay, this is
  6. 0:10a fact.
  7. 0:12I I mean, I don't know how to go through
  8. 0:14this any more differently to start off a
  9. 0:15video than
  10. 0:17for this week, the S&P was down 60 basis
  11. 0:20points, which was less than the week
  12. 0:21before.
  13. 0:23For the month, we finished down 93 basis
  14. 0:25points.
  15. 0:2693. You would think based on everything
  16. 0:29you've heard, everything that's gone on,
  17. 0:30that we were down a ton more.
  18. 0:33Nine of the 11 sectors for the month
  19. 0:35were up in the 93 basis points.
  20. 0:39300
  21. 0:40and
  22. 0:4327 of the 500 names. So, I I I mean, I
  23. 0:48don't literally 60 plus percent were up
  24. 0:51at least 2% for the month.
  25. 0:54This is what the breadth looks like for
  26. 0:56the S&P 500. It ripped higher in the
  27. 0:59month.

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