Another bad day on the markets? Futures point to major Tuesday plunge

Are you ready for a third trading day of declines?

Following Friday’s 665.75-point loss and Monday’s 1,100-point drop, Tuesday may be another day for panic. And this won’t bode well for President Donald Trump, who has taken credit for the meteoric rises of the United States stock market.

Here is what the market looks like at the time of this writing:

Gold and silver are up, but they have yet to take full advantage of the equity sell-off.

The money supply is still increasing, so this may just serve as an opportunity to buy, especially in energy, before the real crash occurs.

Former Federal Reserve Chair Janet Yellen must be quite happy that she is no longer helming the central bank. This is all on Jerome Powell’s watch now.