The market is down by almost 400 points as I post this….
The people down at Wall Street continue to feel the American Economy isn’t as strong as the media reports it is ….
There is also a undercurrent about Tech companies just following the dollar and losing their souls…
Target shares fell as much as 11% this morning after it narrowly missed analyst expectations for the quarter, as massive selling took all three major U.S. stock markets underwater for the year.
The big picture: In trading this morning, the Dow, the S&P and Nasdaq all wiped out their gains for the year. Retail stocks were hit hard just two days before Black Friday, the biggest brick-and-mortar shopping event of the year.