I am an actuary who has spent over a decade building billion-dollar risk models for Fortune 100 companies. Now I use that same quantitative focus to help traders navigate the big macro stories, manage risk, and work toward growing their capital without treating the market like a casino. Everything I share is for educational purposes only and is not personal financial advice.
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Nasdaq Lost 5.5%. Now Everyone’s Calling for Black Monday
Published 6 days ago • 4 min read
Hello Reader, The Nasdaq 100 lost 5.5% this week, and chips did most of the damage. The S&P fell almost 2%, its worst week since June. The Russell 2000 dropped 3% and is now more than 10% below its August high. The Dow finished up 0.7%. (Source: https://www.ctvnews.ca/business/article/us-markets-weighed-down-by-extended-sell-off-in-the-tech-sector/) Friday also got compared to October 16, 1987, the Friday before Black Monday, and this Monday is the anniversary. So my feed this weekend is full...
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