Why's The Stock Market Dropping & What's Next
In this video above, Chaim Siegel of Elazar Advisors, LLC runs through key drivers to this stock market down move. Elazar has been calling for downside publicly and for subscribers but managed to avoid many in-your-face bounces this year by focusing on the short term direction and watching out for extremes. He called out today we're closer to a short term low than high but called for much lower targets for $QQQ and $SPY. He runs through the key catalysts to watch which include the Fed, China, and general direction. He has many insights that the market has not thought of yet so worth bearing in mind (no pun intended).
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