What’s happening at SPCX? Bulls seemed poised to pounce just a few weeks ago, but now they’re treading water – and that’s assuming you didn’t lose 30% on the way down. When does this all turn into a correction? The shop talks waning growth stocks – and what that means for the S&P going forward – before diving into bounce signals, smart names in Grotection over at DELL and HOOD, and recalling why EVERYBODY wanted into SpaceX just a few weeks ago before everything started to turn.

In this video for educational purposes only, Dan Stewart, Don Vandenbord, Connor Bates, Todd Thomas, & Ted Zhang host The Your Money Video Podcast + Live Trading and Watchlist Stocks to Study.

Key Moments from the Show

00:00 – Opening Bell
03:30 – This Week in the Markets
08:00 – Growth Stocks Trend Down
15:30 – Looking For Bounce Signals – The 3-Day Strategy
23:20 – Identifying Draw Down Indicators – AAOI, SNDK, NBIS, BE, RKLB, MRVL
32:15 – Entries, Exits, & Smart Grotection Names – DELL, AMD, HOOD, RDDT
37:40 – Remember: EVERYBODY Wanted SPACEX! – SPCX, CBRS, FIG

The Your Money Radio Podcast covers general topics and investment ideas for research. It is for educational and entertainment purposes ONLY and is NOT meant to be investment advice.

If you want or need investment advice, contact your own advisors or ⁠reach out to Revere Asset Management⁠ for individual investment advice.

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The post CARNAGE IN GROWTH STOCKS – BULLS TREAD WATER AS SPCX TUMBLES | Your Money Podcast Ep. 599 appeared first on Revere Asset Management.