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Mega Cap Stocks Controlling the Market

by | Feb 5, 2022 | Market Updates

Meta (Facebook) lost 230 billion dollars in market cap over night, the largest drop in stock market history, yet the indices still rose 2.61% this week marking the best week in all of 2022.

In this video Knight and Rich talk about the wild earnings season we have been experiencing and how ruthless this market is on company valuations. They also discuss the January jobs report and what impacts it might have on the rest of the market and what the Federal Reserve does in March.

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