Showing posts with label Dow Jones Industrial Average. Show all posts
Showing posts with label Dow Jones Industrial Average. Show all posts

Monday, March 23, 2020

The Stock Market Continues to Fall

At one point in 2020, the Dow Jones Industrial Average was close to going above 30,000 points.

Now, it has dropped below 20,000.

Economic Panic?














Last week, stocks suffered their biggest one-week decline since the financial crisis in 2008, with the S&P 500 dropping more than 13%. Those losses put the broad market average more than 32% below its record set on Feb. 19.










Saturday, March 21, 2020

Very Bad News

A bearish ‘death cross’ has appeared in the Dow’s chart.

Last death cross popped up three days before the Christmas Eve 2018 bottom

Published: March 21, 2020 at 9:13 a.m. ET

Link: https://www.marketwatch.com/story/a-bearish-death-cross-has-appeared-in-the-dows-chart-2020-03-20

It is official: we are now on a Bear Market. How Low Will It Go?




1929 all over again?