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Stock Market Line of Death & Week 7 Bull Market Wrap Up

Many are worrying about this invisible "Line of Death"...DON'T

Happy Friday to you; this week started off rough, yet many stocks recovered to their prior levels. This is somewhat to be expected considering that last week was absolutely euphoric…everything went up, and went up a lot! Right now, overall the market is continuing to trend upwards still… no major breakdowns. The S&P 500 continues to make new highs. My concern for the line of death: 0

Stocks Hit a 'Line of Death' Last Reached in Dot-Com Bubble, Investor Says  - Business Insider
The stock market does not care about a coincidental, arbitrary line, drawn by an arbitrary person on an arbitrary time frame. Notice that 2008 does not touch the line. Could stocks go down? Of course. But it wont be because of this line.

Though it was a relatively boring week, we did have some important updates come out; if you missed any of them, here you go!

Hope you have a great weekend, and thank you for your support. As always, if you have questions, feel free to ping me in the chat. Thanks for stopping by! 👍

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