(Shocking) Why Investors Hate “Halloween” 🤬
So, the first week of September didn't just sneak in quietly—it pretty much crash-landed.
It was a bit of an early Halloween for investors, we'd say.
The Dow took a nosedive, dropping over 600 points as Wall Street got spooked by economic concerns.
If you’ve been watching your portfolio this week, you might be wondering if it’s time to hide under the covers until Monday.
But hey, let’s not let a little market turmoil ruin the weekend vibe.
While things might look grim on Wall Street, there’s a silver lining.
Gold prices have stayed steady, offering a bit of stability amidst the chaos.
And some analysts are buzzing about a dividend stock that’s yielding almost 8%, which might just be the bright spot your portfolio needs right now.
In a sea of red, finding something positive can be just what we need as we head into the weekend.
💥 Dow Plunges By More Than 600 Points as Wall Street Fears Recession
The month of September opened with a bang, or rather, a crash. The Dow Jones Industrial Average plummeted by over 600 points, reflecting growing concerns about a potential economic recession.
🚫 Asian Markets Tumble as Wall Street's Woes Continue
Asian markets experienced a significant downturn on Wednesday, following Wall Street's recent decline. The slump was primarily driven by concerns about the economy and a decline in semiconductor stocks, led by Nvidia.
𝕏 Elon Musk, Investors Lose More Than $24 Billion on X Acquisition
Elon Musk's acquisition of Twitter (X) has proven to be a costly venture. Investors in the social media platform have experienced a 72% decline in its value, resulting in paper losses of over $24 billion.
👑 Analysts Love This Dividend Stock That Yields Almost 8%:
While many investors may have overlooked dividend stocks amidst rising interest rates, Energy Transfer (ET) offers a compelling opportunity. Discover why analysts are so bullish on this stock and how it could be a valuable addition to your investment portfolio.
🤖 Nvidia and Chip Stocks Take a Hit as Investors Pause AI Rally
Investors' optimism about AI has waned following tepid economic data and Nvidia's recent underperformance. The chip index is now down 13% since last week, and broader market concerns have also contributed to the decline.
💪 Gold Prices Steady in Anticipation of U.S. Payrolls Report
Investors are holding their horses (and their gold) as they wait for the crucial U.S. payrolls data this Friday. The report will heavily influence the Federal Reserve's decision on interest rate cuts, which in turn, could send gold prices soaring.
🪙🩸 Bitcoin Bleeds After Stock Market $ 1 Trillion Loss
The stock market's recent bloodbath has dragged Bitcoin down with it, highlighting the growing ties between the two. Is Bitcoin's reputation as a safe haven fading?
Descending Triangle
The descending triangle is a bearish continuation pattern, suggesting that sellers are gaining control and that the downtrend is likely to persist.
It's like the market is losing steam on each upward attempt, indicating that buyers are becoming less willing to step in and support the price.
What to Look For:
- Descending Upper Trendline: The upper trendline slopes downwards, connecting a series of lower highs. This indicates weakening buying pressure.
- Horizontal Lower Trendline: The lower trendline is horizontal, connecting a series of lows at roughly the same level. This indicates a strong support level that buyers are defending.
- Breakdown: The pattern is confirmed when the price breaks below the lower trendline, often with increased volume. This signals a potential acceleration of the downtrend.
If you're going to be your own trading coach, you better be the best coach you can be.
That means you need to be your own best cheerleader, not your own worst critic.
A fulfilling relationship—yes, even with yourself—provides visibility.
It’s like when someone truly understands you, and suddenly, you feel seen.
I remember a phone call from a blog reader who described in detail why he was drawn to my writing.
It wasn’t just about trading; it was about personal growth. By the end of that call, I felt understood, visible to another human being.
So, how do you avoid invisibility in your self-coaching?
Start by identifying one trading strength you nailed yesterday and set it as your goal for today.
Focus on what you do best—yes, even after a bad trading day.
When you keep your strengths front and center, you stay visible to yourself, and that’s where the magic happens
.
So go forth and do great things, We believe in you!