Published 15 Jul 2021 Updated 11 Aug 2024
Changes in the Stock Market 28 Jul 2021 An Unraveling
We will see an unraveling in the value of oil which will begin immediately and continue. The value of oil will retreat in a serious way.
As the unraveling continues other stocks will unravel losing their value: Tech stocks — especially those with exposure to China; bank stocks — especially stocks with exposure to China and many other major stocks which are consider to be the engine of the market.
This tech part of unraveling will click in, likely, around the week of July 28th, 2021 and proceed in a nasty way causing a big change in the stock market that could amount to a big drop of aggregate value.