Downward pressure

The stock market is obviously experiencing some downward pressure at the moment as S&P500 closed red again for 4 straight days. At one point, the index pulled back 4.89% from its highest point when it reached an intraday low of 50007.2

This is definitely healthy. The market needed this long awaited breather.

That said, it seems like investors are taking profits off the table with the ongoing geopolitical tensions and earnings coming up.

Earnings Season - Make or Break for the Stock Market!

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Cow Moo-ney

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