Weekend Update #471 - February 26th, 2022
Stocks covered: $SPGI. Spotlights: Ukraine/Russia & geopolitical crises, bear market strategy, opportunity indicator
Dear Friends of Purple Chips,
On Thursday, the Dow Jones Index was at 33,100 down 1,200 points from last week. In this video, we look at the following:
The escalating Russia/Ukraine conflict and the impact on the markets;
How previous geopolitical situations have played out in the markets;
Discuss the impact of the conflict on oil and interest rates;
We review S&P Global (SPGI-US), a high-quality stock that we added on weakness;
Check the time on the Doomsday Clock;
Talk about strategy in a bear market/ correction;
Bring up an indicator that highlights periods of opportunity.
Please click on the icon below to view the video.
