Stock News: Russia-Ukraine Development

February 21, 2022, 6:24 pm EST

Russia-Ukraine Development

Putin decided to take over easter regions of Ukraine (Donetsk and Luhansk) by claiming their independence. It marked the beginning of the formal confrontation between Russia and Ukraine or NATO. US stock market future drops about -500 points in Dow Jones and about -2.5% for the Nasdaq index. It is likely that tomorrow’s opening of the US stock market will begin with a gap down. 

More importantly, all indexes already came to critical key levels for a Bull or Bear junction. Thus, the answer should be clear at this moment that the bear is going to take over the ownership from tomorrow. 

Remember, this is the beginning of the bear market. Usually, a bear market could be two years long. Thus, please make sure your portfolio, investment, as well as your financial status, are ready for it.

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