Micro.blog

JohnPhilpin
JohnPhilpin

Yesterday I read that when/if the S&P 500 drops below 3900 - ‘all bets are off’ - my words, but when it comes to the stock market - apropos I feel!

Anyway, hang on to your hats … it closed at 3,901.35 today.

JohnPhilpin
JohnPhilpin

Uh Oh … need to go find that article ….

S and P Index

JohnPhilpin
JohnPhilpin

Will Three of them do?

Marketwatch

Why the stock-market selloff could get ugly if The S&P 500 falls below 3,900

Bloomberg

S&P 500 Slid Toward Key 3,900 Level But Held Its Ground Thanks to Options

Barrons

Why the Stock Market Selloff Could Get Ugly If The S&P 500 Falls Below 3,900

In reply to
rcrackley
rcrackley

@JohnPhilpin I think I'm too scared to read any of those pieces.

JohnPhilpin
JohnPhilpin

@frostedechoes don’t be … it’s not a cataclysm - more a expectation that we aren’t done yet … but the reset is long overdue. They do come from an analytics perspective … which is not always the most reliable.

rogerscrafford
rogerscrafford

@JohnPhilpin @JohnPhilpin I was distracted by "Standard & Poo..."

JohnPhilpin
JohnPhilpin

@rogerscrafford Ha! Good name - right?

rogerscrafford
rogerscrafford

@JohnPhilpin Winner!

JohnPhilpin
JohnPhilpin

It closed at 3757.99 today and hasn’t been above 3900 since 15th September when I wrote this

More S and P

pratik
pratik

@JohnPhilpin The analysts just make it up as they go along. Must remind them of their own mantra - past performance is not indicative of future results