Though Millennials get a bad rap, they're financially prudent. That may be because they experienced tough economic cycles during the formative years of their financial lives just like their grandparents, the World War II generation. A Northwestern Mutual study found that about 70% of highly disciplined planners feel very financially secure compared to only 17% of non planners. And feeling financially secure is nearly half the battle of becoming financial secure, as Gen Y-ers have learned.
More from Video
How quickly do we find support, is what we'll want to know now, as the correction is occurring while economic optimism builds.
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Salesforce, Amgen and Honeywell will give a lift to the DJIA going forward.
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.