Coinbase Stock Reels On SEC Inquiry

The S&P 500 and Nasdaq also finished in the red

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Schaeffer's Market Recap
9/08/2021
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Dow Logs 3rd Straight Loss Amid Season of Volatility


By: Jake Scott

The Dow logged its third straight day of losses, falling 68 points while Wall Street considered the economic growth outlook amid a time of increased volatility. Meanwhile, the S&P 500 and Nasdaq both landed in the red as well, a session removed from a record high for the latter. Also at the forefront of investors' minds is the Federal Reserve's "Beige Book," which saw the central bank report that overall growth "downshifted slightly to a moderate pace."

Continue reading for more on today's market, including:

  • The SEC delivered a Wells note to this crypto darling.
  • This bank stock could still charge higher.
  • Plus, an oil stock ready for a short squeeze; TSLA near highs after sales data; and PayPal's massive acquisition.
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Man Who Predicted 2008 Crash: "The Mother of All Crashes is Coming"


If you've watched the movie The Big Short, you've heard of Michael Burry. He was one of the few who not only predicated the 2008 crash but profited from it. His next big prediction? He's warning the "mother of all crashes" is coming.

Click here and get the exact day of the next stock market crash. Sponsored


In Case You Missed It...


Man who Timed COVID Crash: "This is the Exact Day of the Next Crash"


Everyone knows this bull market will not last forever. But when will the next stock market crash begin? This man claims to have the answer. His firm issued a sell signal right before last year's COVID crash. And now he says predicting the date of the next big crash.

Click here for the full story. Sponsored

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