Did the MSM just jinx the Dow Jones?
Lol
I follow 45 stocks, my index is down 1% today.
One of those stocks is RTX. Formerly Raytheon Technologies. It lost 10% in a single day a few days ago on bad news regarding the P&W engine. Has declined 3 days in a row, almost in my "buy" wheelhouse - for this particular stock, my current buy price is $84.11 or lower - about 1.2% lower than today's close.
That's all i got.
sprinkleeninow
(20,594 posts)jmbar2
(6,240 posts)The day after FOMC tends to retrace. It was expected by short-term traders--should last for a few days then move back up for awhile.
Short-term traders love these pullbacks to reload at bargain prices.
Fiendish Thingy
(18,827 posts)13 days of gains in a row- first time since 1987.
Todays losses dont exactly make the market jinxed; the Feds hike was already priced in.
BWdem4life
(2,503 posts)That's why I was thinking they jinxed it by announcing it.