Outlaw_Johnny_A

The week of August 12th–15th was a great week for stocks.  The S&P 500 closed the week with a gain of 3.65%, the NASDAQ with a gain of 4.91%.

The NASDAQ and S&P 500 posted nice gains today, with both markets closing at session highs.  Both indexes are closing in on the high numbers I mentioned.

As I mentioned in my bio and our mission about the truth, we will attempt to educate you, temper your fear, and neutralize the anxiety the news can create.

The markets had a great week. The S&P 500 started the week at approximately 5,150 and closed at 5,344, a gain of approximately 3.7%. Buy-side volume was not impressive on Thursday and dismal on Friday.

Chicken Little above says the sky is falling. While most realize that isn’t true, I do not expect a market crash.

The NASDAQ gave back all its previous day's gains and more and closed down 405 points to 17,194 and the S&P 500 did the same, closing down 75 points to 5,466.

The NASDAQ and the S&P 500 closed with solid gains if you’re looking at the market from the outside.

Two weeks ago, the NASDAQ was 18,429 and the S&P 500 was 5,576. I wrote that it was a good time to take profits.

I warned you 2 weeks ago that this correction was coming. The S&P 500 took an absolute beating.

I recommended in a post a few weeks ago that when Tesla was 262.00 dollars, it was a good idea to get out. As I write, their earnings came in.