It is exactly what anyone would expect after the sell off on Friday. Now, all we can do its await the Market Correction and see how low it will go.
Reminds me a tad of the late 87 drop. Huge day after day collapses. Something no one points out though, is the market, after correcting about 27% lat in the year was still ahead of its opening prices on Jan 1st.
Large sell offs (not this one yet) are marked at the near bottom with big buy back from companies buying their own stock. When you see that happening, happy days are coming.
Right now, don’t grab a falling knife.
With all the cash allegedly coming back home from across the pond, the lower taxes, and relatively sanguine cost structures these days, the cash has to go somewhere...just need to keep an eye out for where it will go. My guess, buybacks and MandA.