Stocks obliterated Monday, down over 7%. Crude oil thrown for 24% loss
Reeling from COVID-19-inspired panic selling, stocks got hit Monday by the Saudi-Russian oil price war. We rarely see stocks obliterated like this.
stock market crash
New China Syndrome: Mr Market sucks the life out of markets as stocks crash
Aided and abetted by a 2019 China Syndrome, the worsening US-China trade war, Mr Market plunged his fangs into stocks Monday as markets crashed.
Fed foul-up, China Syndrome slit Wall Street’s jugular in Friday market rout
Wednesday's Fed foul-up and the latest act in the ongoing China Syndrome flipped Thursday’s market rally 180°. Stocks are crashing again Friday.
Blood in the streets. Stocks tumble into the depths of hell
Maybe today, Tuesday, is a Warren Buffet kind of investing day. Because there’s blood in the streets. After a wobbly opening bell, the bears showed up en masse.
Headless Horseman of Wall Street: Mr. Market’s wild Halloween ride
I’ve settled on the Headless Horseman as today’s stock market metaphor. That's because Mr. Market has been behaving just like him this October. Every day, it comes out of nowhere, scares the bejeebers out of you and then vanishes into the night.
Dow crushed, techs eviscerated. An election correction underway?
We saw the Dow get pulverized, the techs get eviscerated and the markets collapse in a waterfall decline. Looks like a pre-election correction is underway.
Italian contagion? Oil, Italy’s populist shift shafts Wall Street
Lower oil prices and Italy's populist shift - the Italian contagion - combined to shaft Tuesday's trading action. Big time.
Renewed trade war fears send stocks plummeting again
Today’s latest stock market plunge is already being attributed to Trump’s latest threat to impose even more tariffs against the Chi-coms.
Smasheroo 2! Wall Street pukes, lays its second egg in a row. Dow off 400+
Once again, today’s Smasheroo 2 edition of Thursday’s stock market pounding finds the #NeverTrump #Resistance in full scale revenge mode.
Trade War Freakout! Stocks beaten to a pulp in Thursday market crash
The stock market carnage extended to nearly all stocks on the major exchanges, as traders and investors indulged in an absolute Trade War Freakout.
Turnaround Tuesday on Wall Street? Maybe. Just flip a coin
The big questions for U.S. markets today: Will Monday's huge crash mark the beginning of a major market correction? Or will we have a great “Turnaround Tuesday” that saves our badly beaten portfolios from certain disaster?
Selloff on Wall Street gathers strength as Dow falls over 1500 points
WASHINGTON, February 5, 2018: At 3:05 p.m. ET Monday, Friday’s vicious stock selloff is continuing with a vengeance. Stocks are getting ruthlessly pounded across the board in bearish trading action not seen for well over a year. Monday afternoon, the Dow Jones Industrial average seems hell-bent on reaching the minus 1500 mark on the downside. ...
Crash? Monday stock averages plummet, snap back, tank again
Are we witnessing a surprise stock market crash in progress? Immediately after Monday’s 9:30 a.m. opening bell at the New York Stock Exchange, the stock market resumed Friday’s catastrophic 2+ percent Dow decline.
Thursday markets: Bears rampage, Yellen hedges, oil tanks
WASHINGTON, February 11, 2016 – It’s getting really hard to write this daily column that describes the background and the action in the (once) wonderful world of stocks and bonds. Bears have been running rampant on Wall Street since the first trading day of 2016 and the carnage has already become considerable. The death and ...
Wall Street’s idiotic equation: Oil down = all markets down
WASHINGTON, February 9, 2016 – In volatile Monday trading action, all U.S. markets crashed. That is, until the “Buy Program Express”—a phenomenon first noted years ago by ETF Digest’s Dave Fry—left the station at approximately 2:30 p.m., its usual departure time. Buying action accelerated near the market’s close. The result: Instead of closing down over ...
The Bear attacks! ‘Davos fiddles while markets burn’
WASHINGTON, January 20, 2016 – A year from now markets will rejoice—or at least breath a sigh of relief—as a new U.S. President is inaugurated. Hopefully, America’s new chief exec will know a little more about how markets and the economy work than the current occupant of 1600 Pennsylvania Avenue. And maybe a new non-Obama ...
Forget the rally. Stocks set to plunge as oil drops 6 percent
WASHINGTON, Jan 15, 2016 — After Thursday’s exhilarating and quite-surprising rally, stocks are set to resume their sickening January plunge Friday morning. Big time. West Texas Intermediate (WTI) futures are down nearly 6 percent as of 8:30 a.m. EST, and Brent crude—the international benchmark—is down over 4 percent. Add another bearish day from China, and ...
The dust settles on Wall Street’s latest Black Monday
WASHINGTON, Aug. 24, 2015 – At this morning’s opening bell, Wall Street went into instant crash mode, as the Dow Jones Industrials quickly shredded the record books by dropping over 1000 points in a New York second. In the back of your mind, you could just hear one of those old-time carney barkers spinning his ...
Wall Street Roadkill: Dow off over 530 as U.S. markets crash
WASHINGTON, Aug. 21, 2015 – After opening down and fading further after several feeble rally attempts, stocks were pancaked in the final hour of U.S. trading on Friday. The Dow Jones Industrials (DJI) closed down 64.84 points, the casualty of a massive selling panic that caught even many professionals off-guard with its intensity. Other averages ...
Thursday stocks: ‘Abandon all hope, ye who enter here…’
WASHINGTON, Aug. 20, 2015 – Sketches of our favorite stock market crash mascot, Wile E. Coyote, don’t even begin to describe this week’s market carnage. Traders’ attitudes this week might best be characterized instead by adapting amoral biker dude Marlon Brando’s famous wisecrack from “The Wild Ones”: “What do you hate about this market?” “Whaddayou got?” ...