A Must View! Gregory Mannarino, "Situation Critical"
Thursday, October 11, 2018 15:57
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Gregory Mannarino, “Situation Critical: End The Fed?
No “Secret Plan” Required! It’s Up To YOU”
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“Nasdaq extends its decline below its 200-day moving average on Thursday, while the Dow has shed 1,376 points in 2 days. It has been an ugly stretch for U.S. stocks, which was capped by Thursday’s more-than-540-point tumble for the Dow Jones Industrial Average, coming immediately after a 831-point drop in the prior session. To recap: The Dow DJIA, -2.13% and the S&P 500 index SPX, -2.06% booked their worst one-day slumps since Feb. 8 on Wednesday, while the Nasdaq Composite Index COMP, -1.25% put in its worst single-session skid since Brexit, when the U.K. voted to exit from the European Union, roiling global markets in 2016.”
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