This was not supposed to happen. The Dow is now down almost 2000 points (650 more today) from its record highs last week.
S&P and Dow have broken overnight lows (futures) as Nasdaq holds just above it for now.
Dow Futures accelerated below 25,000 and rebounded.
Where are the “dip-buyers”?
They are buying VIX.
And bonds and buillion…
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Future Market Returns = Dividend Yield + Earnings Growth +/- Change In P/E Ratio
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