CHESSNOID

The US stock plunge pulled down the other world markets when they opened.  Sounds like there falling markets will now affect our market opening tomorrow.  That is definitely a vicious cycle that must be broken immediately.  I think something big will be announced tomorrow before the markets open.  I am not sure what it could [...]

We all know what the market did today.  7 days in a row down.  Is it possible to be 8 days?  Maybe.  If you look at the futures for tomorrow, it doesn’t look good for the open.  However, you can never tell which way the market will zig zag though out the day.

Dow
-200.00
-2.33%
8,398.00

NASDAQ
-17.25
-1.36%
1,254.75

S&P
-21.50
-2.36%
891.00

I imagine the [...]

This has been a crazy month to say the least and were not even at the half way mark.  There seems to be a lot of financial chaos both here in the states and abroad.  October is not just a scary month because of Halloween but because that is when we had our biggest stock [...]

Dow

8,579.19
-678.91
(-7.33%)

Nasdaq

1,645.12
-95.21
(-5.47%)

S&P 500

909.92
-75.02
(-7.62%)

The market has closed down 7 days in a row.  Today, the Dow shaved off another 7%.  We have tons of bad news coming out indicating that we are in a recession.  We have more and more economists stating the obvious who just a day, a week, or even a month ago had no clue [...]