In today’s video, I discuss the ongoing EXTREME volatility in the markets. Monday’s range was incredible in the S&P 500 and led to a very strong short-covering rally.
Friday was no different: the volatility continued. After a large gap-up open, selling took over and drove all of the indices to a deep sell-off. When the S&P 500 neared 2700.00, however, the selling slowed markedly and then with a comment from president Trump – the S&P 500 skyrocketed 24.00 points in 3 minutes!
This action should continue into next week.