Browsing Global™

The Final Week Of The Scary Black October

Posted by Ronald Lee in October 27th, 2008  
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Posted in: Business & Finance, Earnings, Economic Indicators, Market Update, Trading Psychology     Tags: , , , , ,

For the past five weeks U.S. stocks have lost more than 30% of its value. After last week sell-off, the Dow lost 473 points or 5.3% to 8378, the lowest close since April, 2003. The S&P 500 tumbled 6.78% to 876, while the Nasdaq shed 9.3% to 1552, both at the lowest closing levels since [...]

Popularity: 16% [?]

The Big Global Stock Market Selloffs

Posted by Ronald Lee in October 25th, 2008  
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Posted in: Business & Finance, Economic Indicators, Market Update, Risk Management, Trading Psychology     Tags: , , , , ,

On Friday, Oct. 25, 2008, U.S. stocks closed sharply lower for the week, after a big selloff in Asia and Europe with fears of a worldwide recession sending global stocks to the lowest since August 2003.
The Dow Jones Industrial Average fell 312.30 points, or 3.6%, to 8,378.95, ending 5.3% lower for the week. The S&P [...]

Popularity: 23% [?]

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