18 Oct Collapse of $NVDA and a $30,000 Reversal on $TQQQ
Dear Traders, We have been seeing some remarkable market volatility. Today, the market experienced a significant drop due to stronger-than-expected retail sales numbers, indicating that consumers are still spending robustly. This suggests that the economy hasn't slowed down enough to cool down inflation, which, once again, means higher interest rates for longer periods. Everybody is sick of this inflation and interest rate game I am sure. The market didn't react favorably to this news and saw a...