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Here is a few things that are driving the markets down going through September 2020

       During the summer months in the Northern Hemisphere with a lot of stocks driving the Market up to these new highs were mostly overbought.      Since September 3rd, 2020 markets have been going through a correction phase and the high price overbought stocks have been basically causing the declines.

       When we examine and research for stocks to purchase we look for the under performers and especially the ones that are showing that they are rebounding with momentum pushing them back up on the MACDs.        Still with the stock markets declining today as this morning the investments that I had made into these four stocks had three up and one down.      In the last hour or so the markets were declining even more from this morning.         Been reading that the Coronavirus has been doubling in many different countries around the world and that would also bring stock markets down.       Since the virus has mutated over the summer with more people recovering and now having more reported cases.      The good thing is that we have a few of these vaccines going through phase III the final trial and with the spike of the virus can be used to test these phase III vaccines.        One major difference when the virus hit around the world the recoveries around that time were basically in the single digits.       The last two days the recoveries have been spiking up with yesterday's at a recovery rate of 37.65 and today (9/18/20) the recovery rate is at 46.37.       Now if the Recovery Rates start dropping back down to these single digits then I would be more concern with this second wave of the virus.      We will have to keep an eye out within the next few days to see if these recovery rates still stay in the range of 30 to 50 percent.         The Holiday Farm fire is now at 10 percent contained as we had heavy rains pushing through last night through the Eugene, Oregon area.       With a bunch of lightening and hope that it hasn't started up anymore fires in the state of Oregon, the state is fighting against 12 different fires at the moment.        Here is a report on Fuwei Films (Holdings) Co. Ltd with its earnings going up: https://www.marketscreener.com/news/latest/Fuwei-Films-Announces-Its-Unaudited-Financial-Results-for-the-Second-Quarter-of-2020--31228539/.

          Our investments had gained another $31 dollars today (9/18/20) and has climbed up to $1252.65 with our stocks for to assist in getting Carson Investment Services LLC off the ground with our fourth gain in 4 days.           The experimentation went up by around $900 and had closed for a third all time high in three days and hit $110,092.86.        Here are the after hours going into the weekend with the DOW down by .54 percent, the S & P 500 up by .03 percent and the NASDAQ up by .11 percent.



This post first appeared on Carson Investment Services LLC, please read the originial post: here

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Here is a few things that are driving the markets down going through September 2020

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