At the end of last week’s issue, I told everyone to buckle up for the boom. I wasn’t expecting one of the global systemically important banks (G-SIBs) to wind up on the chopping block. And Friday is a rare market event that is known for its wild price swings. So buckle up! Let’s get into what this means for the S&P 500 (SPY) in the coming days….
(Please enjoy this updated version of my weekly commentary originally published March 16th, 2023 in the POWR Stocks Under $10 newsletter).
Market Commentary
I’m not going to lie, I’m still a little on edge about everything going on in the stock market (SPY).
As I
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