If we look a little closer, this week’s selloff indeed seems reminiscent of the 1987 Black Monday crash, when the Dow Jones Industrial Average gave up 22% of previous gains in a single day. Shares of the hottest stocks had simply been bid up too far, too fast. All it took was slightly negative economic news to turn these high-priced moonshots into sinking ships. 

When the market takes a nosedive there are some things you should do, and also some things you absolutely, positively should not do. And we can learn a lot by looking at one of the biggest business stories of the past 100 years: Amazon

Stock market routs like this are miserable events. They sow widespread financial pain and suffering… along with a heaping dose of anxiety. But at the same time, they are the extreme events that create opportunity.

Leading up to the July Federal Open Market Committee (FOMC) meeting this week, pressure was mounting on the Fed to cut key interest rates.

With new company developments potentially on the horizon, it’s worth reviewing Musk’s AI Neuralink. Then, I’ll share his upcoming plans for the technology, as well as a way to profit from Neuralink’s success.