Bear season starts with a bang. The Market Ear.
Average August angst
Nasdaq closing below its 20 day moving average for the first time since April. The last time the Nasdaq 100 QQQ fell 2%+ on the first trading day of August was… last year. The QQQs actually fell 2%+ on each of the first three trading days of August last year for a 3-day drop of 7.6%.

Source: @barchart
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