Will The Market Go Up Or Down?

2023-12-20 / Bruce Marshall

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In this video, we discuss today’s wild sell off that seemed to come out of the blue. This is the first sell off we have had in a while, and we flushed hard across the board. I can’t say it was totally unexpected as we are extended and knew it would happen sooner or later. As far as the SPX is concerned, we did stop at 4700, which is a solid support level and a good sign. Is this the start of a correction or an opportunity to buy the dip?

Bruce Marshall

Bruce began his career working for a Wall Street firm on a bond desk after the Crash of ’87. He spent several years trading bonds until he switched to the equity side which developed his love of trading equities and options early on. He traded IPO’s, secondaries, and preferred’s. In the early days, he actually had to hand write “tickets” to buy and sell securities.

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