Market Meltdown: One Trillion Dollars Erased in a Day
In episode 333 of Marathon Money, I sat down with Cary Artac from WickedStocks.com to break down one of the most brutal days in the stock market this year. Friday saw a staggering one trillion dollars wiped out, shaking the foundations of the market as major stocks took massive hits. Investors felt the impact as Tesla ($TSLA), CrowdStrike ($CRWD), Lululemon ($LULU), BigBear.ai ($BBAI), QQQ, and the NASDAQ all experienced significant losses.
But what really happened, and where does the market go from here? We dove deep into the carnage, discussing the technicals, the broader market outlook, and what investors should expect next. If you missed the full conversation, you can catch it on MarathonMoneyPlus.com.
Tesla ($TSLA) Slides: Reality Check for Investors?
Tesla has been a favorite among traders, but the stock has been under serious pressure. Recent price drops, weaker delivery numbers, and a cooling EV market have raised concerns. In this episode, Cary and I broke down the technical indicators signaling further downside risks, the potential bottom, and whether Tesla bulls should be worried.
CrowdStrike ($CRWD): A Brutal Drop Amidst Market Selloff
CrowdStrike was one of the biggest losers of the day, experiencing a massive decline that contributed heavily to the overall trillion-dollar wipeout. We discussed why the sell-off happened, whether it was an overreaction, and what investors should be looking for moving forward.
Lululemon ($LULU) & BigBear.ai ($BBAI): Winners or Losers?
While much of the market was tanking, some stocks had mixed reactions. Lululemon and BigBear.ai both saw volatility, and we examined whether these movements were signs of deeper issues or potential buying opportunities.
NASDAQ & QQQ: Are We Near a Bottom?
The NASDAQ and QQQ got hammered along with the broader market, leading many to question if we’re approaching a market bottom or if more downside is coming. Cary and I broke down the key levels that traders need to watch and whether a bounce is likely.
What’s Next?
Market volatility is here, and smart investors need to be ready. Catch the full episode on MarathonMoneyPlus.com to get all the insights, technical levels, and expert analysis from our discussion.
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