PODCAST: Market Mayhem – Unraveling the Recent Sell-Off

What was really behind the recent massive drop in stocks? In segment one, we explore four key factors that triggered a spike in market volatility not seen since early in the COVID-19 pandemic. Topics include:

• Factor #1: September interest rate cut anticipation
• Massive companies like Apple and Alphabet made negative headlines
• Factor #2: Unwinding of the Japanese yen carry trade
• Factor #3: 2024 election uncertainty
• Factor #4: Economic growth scare

In this segment, Jerry Robinson provides investors and traders with timely insights on U.S. stocks and a few other key markets, focusing closely on the S&P 500, NASDAQ 100, gold, and cryptocurrency. He discusses:

• S&P 500 holds key support while setting up a near-term v-shaped recovery
• The NASDAQ 100: key levels to watch
• A recap of gold and silver prices and trends
• U.S. dollar and small cap stocks update
• Bitcoin is rangebound after its massive 2023-24 rally
• Ethereum’s key price levels to watch

Jerry closes out today’s show with a nugget of financial wisdom from one of America’s founding fathers, Benjamin Franklin.