Stock Market Analysis Latest – Worst day for stocks since the bottom in June – August 26, 2022
Welcome back everyone to the free edition of Stock Market Weekly Episode #646 for Friday, August 26, 2022 where we will be breaking down the most important trends, price action, and noteworthy moves across financial markets.
As always, we will share extensive analytics on the S&P500 (SPX), Nasdaq 100 (NDX), Russell 2000 (RUT), and current volatility environments.
In this week’s episode:
- Powell arrives on his Hawk
- Follow through selling after last week’s reversal
- 10-Treasury Yield north of 3%
- Largest up move in VIX all year
- What short-term indicators tell us about this drop
Markets covered: TLT IEF GLD USO UUP
Indicators discussed: Rolling Returns, % stocks at recent lows
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