4.7 β’ 5.8K Ratings
ποΈ 30 January 2021
β±οΈ 42 minutes
ποΈ Recording | iTunes | RSS
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0:00.0 | I'd like to thank KeepsFords continued support of the Peter Shiff Show podcast. |
0:14.4 | Keeps makes easy and affordable hair loss treatment for men. |
0:18.2 | To receive your first month of treatment for free, just go to Keeps.com slash gold. |
0:25.5 | So today we ended a volatile week in the stock market on a down note. |
0:31.4 | All four of the major stock market indexes were down. |
0:35.5 | In fact, the Dow Jones ended the day down better than 600 points, 602 points. |
0:42.0 | That's just over 2%. |
0:44.2 | S&P, a little bit better down 1.9%. |
0:50.2 | Nasdaq and small caps, well Nasdaq down 2%. |
0:53.8 | So just as bad as the Dow, it was the small caps Russell 2000 that only lost 1.5%. |
1:01.7 | And that's probably because you had a lot of these heavily shorted names that are in |
1:06.0 | the Russell 2000 that were among the few winners on the day. |
1:10.7 | In fact, this is the biggest down week the market has had, I think, since October of last |
1:17.9 | year. |
1:18.9 | In fact, we just finished the month of January and both the Dow and the S&P are down on the |
1:26.5 | month. |
1:27.5 | I think the S&P is down about 1%. |
1:29.7 | The Dow lost about twice that much down 2%. |
1:33.6 | The Russell 2000 and Nasdaq are still positive on the year. |
1:38.2 | They were down on the week. |
1:40.1 | Everything was down this week. |
1:41.5 | But those two indexes were positive on the year. |
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