FYI: Things were looking pretty solid coming into th week but #TRADEWARS(tm)! is the new #Brexit! and certainly roiled markets. A lot of this is perception – even the earlier announced tariffs in the steel and aluminum industries are already being watered down just days/weeks into their implementation but some ethereal worries about retaliation seem to be the cause of worries. Whatever the case, the market suffered badly this past week. Facebook (FB) and it’s scandal hurt the NASDAQ early in the week, then #TRADEWARS(tm)! hurt Thursday and Friday. The S&P 500 fell 6.0%! and the NASDAQ 6.5%! on the week.
Regards,
Ted
https://www.stocktrader.com/2018/03/25/weekly-market-recap-mar-25-2017/
