BROADCASTS.com

As earnings season ramped up so did the selling in stocks and cryptos. Despite a shortened trading week for stocks, declines of greater than 5% played out across the board in the major indexes with the Nasdaq, the weakest performer of the big three last year, now solidly in correction territory (a decline of 10% or more) after its worst run since 2020. The unwinding of the pandemic stocks is real and has been completed.