📈 Dow Drops Below 50-Day Moving Average

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🔴 WATCH LIVE: Stock Market News | May 17, 2023 - Here's What You Need To Know:

📗 Want a FREE Hardback Copy Of My New Book “The Wheel Options Trading Strategy”

Here's what is happening in the markets today, Wednesday, May 17

- Wall Street focuses on debt ceiling negotiations
- Treasury Secretary Janet Yellen warns of default risk
- White House staff meeting daily on issues
- Stocks higher
- Today: housing starts & building permits info
- Dow closes below the 50-day moving average for the first time since March 30

PLUS: How we trade these markets and our current positions

#todaysstockmarket #stockmarkettoday #stockmarket
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Great session as always. Received books (both) thanks. I feel very comfortable with the Wheel Strategy. However, Power X Strategy (so far) is way above my risk tolerance even if applied to top-notch high-quality stocks. I am happy with my +15.9% P/L YTD performance doing Wheel Strategy.

petkuscinta