This will be a bad week in general for Wall Street as the most significant tariffs hit on Wednesday. Because of the chaos or lack of organization from the White House, it will still fall afterwards because markets can't be certain what will happen.

I have a price target for the S&P 500 that I would be very surprised if it stayed lower because the last time the markets were at the price point the economy was worse. All I want to say is there might be another 10% drop before it gets any better.