Posted on September 2, 2015 Leave a Comment
The DOW was down 469 points yesterday. All that selling was motivated by an emotion that’s one of only two market movers. On Wall Street there is Greed and there is Fear. In fact, there are indexes that measure both. Check it out. Yesterday’s selloff was motivated by FEAR through and through. The Fear […]
Posted on August 26, 2015 Leave a Comment
The Dow Transport (DJT) is often a leading market indicator of where the stock market is headed. It consists of 20 top rated railroad, airline, trucking and delivery company stocks – think FedEx, Delta, Union Pacific. When the Dow Transport goes up, stocks go up and when it tanks, well, you get the picture. […]
Posted on August 25, 2015 Leave a Comment
What a day yesterday! With the swooning of the global markets, the world was given a wake up call. The day started with a 1,000 point drop at the open and ended down 500 points from Friday’s close. That’s a 714 billion dollar loss in value. Is this the end of the blood-letting or […]