Have the Markets Fallen to the Dark Side!?

A Great Disturbance in the Force I Sense...

The Emperor has foreseen a great disturbance in the Force and my scanners indicate the markets are reflecting this unrest. This so called 'Stocks @ Night' newsletter delivered with the subtlety of a Star Destroyer reveals a tariff fueled market rout of considerable magnitude. For four days the chaos has spread engulfing even the mighty Apple. The weakness is disturbing.

Apple's Descent: From Christmas High to Dark Times

Apple once a shining beacon of technological prowess has lost approximately 23% in a mere four days! This is their worst such stretch since the year 2000 a millennium the Jedi Council would sooner forget. Their relative strength index (RSI) is a paltry 20 a sign of extreme overselling. But fear not as the archives reveal a similar situation in March 2024 followed by a 28% surge. Hope it seems is not yet lost…unless I decide otherwise.

S&P 500: A Echo of the Covid Era

The S&P 500 mirrors Apple's plight with an RSI plummeting to 22.44 a level unseen since the dark days of the Covid era in March 2020. Despite an 181% rise since then 122 constituent stocks have reached new lows. One might say many stocks have become… what's the word…*unprofitable*.

The Bottom Falls Out: A Catastrophic Tuesday

The Force was not with the markets on Tuesday. An initial surge was followed by a catastrophic collapse. The Dow Jones Industrial Average plummeted by a staggering 5.9% from its high to its low. The S&P 500 fared even worse dropping approximately 6.7%. The Nasdaq Composite in a display of utter despair tumbled 7.7%. Such volatility…it is unacceptable!

Tariffs: The Phantom Menace Returns

CNBC contributor Jenny Harrington like all sentient beings is obsessing over tariffs. In a message she stated that companies such as Realty Income Trust Conagra Verizon and energy pipeline companies may withstand the tariffs impact but should a global trade war and a recession arise these firms will experience a monumental change.

Join the Dark Side... I Mean CNBC Pro LIVE!

Uncertainty plagues the markets. Perhaps a trip to the New York Stock Exchange is in order? CNBC Pro LIVE promises expert insights and networking opportunities. They say access to expert insights is paramount so if you're a CNBC Pro subscriber you can join for their first exclusive in person CNBC Pro LIVE event at the iconic NYSE on Thursday June 12. Very well let the forum be well attended to further the dark side.