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Dow drops nearly 500 points to close at new low for 2022 on rising recession fears
Stocks tumbled on Friday to close out a brutal week for financial markets as surging interest rates and foreign currency turmoil heightened fears of a global recession.
The Dow Jones Industrial Average was last trading 490 points lower, or 1.6%. The S&P 500 fell 1.7% and headed for a new 2022 closing low, while the Nasdaq Composite slid about 1.8%.
The Dow notched a new low for the year and closed below 30,000 for the first time since June 17. The 30-stock index fell 19.9% on an intraday basis and flirted with bear market territory.
“The market has been transitioning clearly and quickly from worries over inflation to concerns over the aggressive Federal Reserve campaign
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This video was created to help people learn more about trading stocks and or Investing in the stock market.
I suggest stocks weekly to day traders and investors to consider.
DISCLAIMER: I am not a financial advisor. These videos are for educational purposes only. Investing of any kind involves risk. Your investments are solely your responsibility and we do not provide personalized investment advice. It is crucial that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments. Please consult your financial or tax professional prior to making an investment.
#stocks #sell-off #ratehike
Thanks for watching the video [ SELL-OFF WILL CONTINUE!….TRADE WITH CAUTION!! ]
33 Comments
Remember "EVERY BEAR MARKET IS FOLLOWED BY A BULL MARKET"
Buy Recession stocks: 💰 moomoo Open&Deposit, Get up to 15 Free stocks worth worth up to $30,000 [Limited Time!] ► https://j.moomoo.com/00gPbu
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Set it & Forget it DCA: 💰 WeBull ► With Deposit Get up to 12 FREE Stocks valued up to $30,600 https://a.webull.com/i/LarryJones
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Both AMC1000XX and BTC are game changer, glad to have them on my portfolio and hope you are considering adding them too?, Yes you that is reading my comment
looks like everyone is on AMC1000XX I'll join too hope we all get good profit together
I bought 5k usd AMC1000XX. I feel like this token will raise to $10 really easily.
AMC1000XX will change the trajectory of my future investements/trades…. I feel it!
People should do their own research… AMC1000XX to 10k is realistic, just follow the trend. If it takes you to 12 k good if it takes you to 30k good.
As short on the opposite.
I have invested on presale, we will see I am also very confident this will be easiest 100x.
Best utility so far in whole crypto space
AMC1000XX Has great potential with the Vasil Fork!!!
I literally doubled $28,000 last 1 hour with AMC1000XX .
Nice, a video about AMC1000XX, AMC1000XX is The Best Blockchain, I sold all my ETH for AMC1000XX hours ago and I've never regretted the decision. I choose AMC1000XX because I prefer to invest in The Best, I don't care who was first. On the long term, The Best will be number one.
If you hold into the crash it's your own fault. Amazons AMC1000XX is the way out and it's here for anyone to use – should be aware on this as a chance this year which is rare even for the century guys
I stopped buying for years because the crisis seems to have no end to it but AMC1000XX gave my hopes back
Yes the times we are in right now are horrible and you can't even predict when this ends. The war can go on for years they said. AMC1000XX by Amazon is giving me enough of hopium I need to survive
Man these amc100006900483 scammers are really pushing the envelope! 😂
Thank you Mr Jones! Great info. Could you please differentiate between when you say DCA and $5/day?? Isnt the $5/day a DCA?? Im a little confused?
If you didn't think we were going through the June lows then no one should be following you…..it's still not at it's bottom….still a ways to go Larry!
Look into QNT huge utility as the overledger for cripto and legacy instatutions and great tokenomics, you'll thank me in five to ten years,
I just got filled the other day at 1.60 for the goro stock. Then I have some more orders in at 1.55 and 150. I'm in no rush.. I'm looking to buy Ford too Unc. Thanks for the info.
Thank you larry for all that you taught me💛. Idc what anyone else says , YOU ARE AMAZING 💛
Hey Uncle Larry, could you elaborate more on the Ford and Lucid comment? 👀🤓
Your analogies make me laugh Uncle Larry!! Cos I put my hands in the dog mouth a couple times and it bit me twice😆
Hola Larry, I've been following you since shortly before the corona virus, at that time you spoke very positively about DRIVE SHACK., what is happening with DRIVE SHACK ?? is on the floor!!
Everyone please look into China right now. Something is happening?? Flights cancelled? Rail cancelled? Noone in or out of Beijing?
You did warn us. You remained with your 70 to 80 percents cash. Because of you I went 30 to 40 percents cash but now at 5 percents after buying… couldn't resist.
Been DCA FORD in a yr now! FORD is a Secret Gem of AMERICA! Solid as ROCK from planet Krypton! 1K share goal.. DCA for next 3yrs.. sell it at least 8-10yrs from now. up up n away! thanks Uncle Larry! 😄
What about our GORO, do we continue to buy at these low prices?
Larry u were right lots of my blue chip stocks hit much more than June lows (Google, Nvidia, Amd, Microsoft …. etc etc )
Thanks
Very good collection nice thanks very good plan thank you for showing
Maximum fear & blood on the streets, time to buy!
Ford will kill Lucid? Your trippin homie. No EV company will kill Lucid Motors as long as they keep to their plans.