Tuesday, November 13, 2018

How far do stocks have to fall before the DOW goes?

A fifth of top 500 stocks down 30% in 2018 even as indices chart new highs.

Honestly...nothing makes you feel like the plunge protection team is fully in charge like this. Some stocks are down way more than 30% at this point, and that's a lot of percent.

China is in a technical recession which seems to be affecting South Korea a lot, but apparently not us. Said in the most sarcastic way.  And then there is oil.

2 comments:

  1. The dow was 19,827.25 on Jan 17, 2017 it closed today at 25,286.
    That's a 5,459 point gain. Of course that was then....

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