As of January 20, MarketWatch is reporting that the S&P 500 index is trading 10% below its 200-day moving average. Ouch.
But not to worry, it could drop a lot further.
And since there’s a strong chance things will get worse, we decided to resurrect a classic E-Trade video from 2011. Enjoy!
And, yes, we’ve been getting requests for more posts on the economy. We’ll get some cranking…