Another big stock market down day, but Stay Calm!!! Data shows that you have nothing to worry about.
Comprehensive analysis by our “Ai Engine” for every single stock based on which, we provide accurate predictions, market insights, previous prediction's performance evaluation, key levels, & more...
Today is the 8th trading day after I announced the launch of our AI-Based Algorithmic Stock Market Ranking and Prediction tool, that post is titled: Introducing a New AI-Based Algorithmic Stock Market Ranking and Prediction Model: The Ultimate Tool for Smart Investing!
Market Update:
Markets saw yet another aggressive red day today. It’s now all due to SVB Financial(Silicon Valley Bank) which has now officially crashed and has been taken over by the FDIC. Some people are calling this the Enron moment or the Lehman Brothers-like event but in reality, no one really knows. While I too can’t predict the market, here is what I do know for sure. Lehman Brothers crashed on Sept 15th, 2008 and 4 days later the market was trading 6.5% higher. Enron’s crash went from mid-October 2001 to Dec 2nd, 2001 during which time the SPY went up 6%. This goes to show that even in the worst of situations, you never have to sell at the bottom. I don’t have time for a full update today but this weekend, I’ll provide a detailed breakdown of everything in much more detail.
Here is what today’s market graphic looks like…
