October 24, 2018

Has A Tsunami Warning Been Triggered?

With one week to go to Halloween, the market got a jump on spooking everyone. Yesterday’s wild ride saw the Dow down 550 on the lows, working aggressively back to near steady on the day, only to close down 125 points. This market drop is uncomfortable but should be no surprise. Key indicators were pointing out that real weakness was present beneath the surface. The tsunami warning is glaring. Now is the time to seek more protective ground. Join me from my desk as I cover why that’s the case.

Be sure to follow me on Twitter @AlAbaroa.

about the author:

Al Abaroa

Al Abaroa began his career on an equity desk in 1993. He carries with him over two decades of experience as a Financial Advisor, and currently serves as Wealth Management Coach at Prosper Trading Academy.

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