By Michael Snyder On Monday, the Dow Jones Industrial Average plummeted 588 points. It was the 8th worst single day stock market crash in U.S. history, and it was the first time that the Dow has ever fallen by more than 500 points on two consecutive days. But the amazing thing is that the Dow … Continue reading
Are you ready for what is coming in August? All over America, economic, political and social tensions are building, and the next 30 days could turn out to be pivotal. By Michael Snyder In July, we saw things start to turn. As you will read about below, a major six year trendline for the S&P … Continue reading
Originally posted on TIME:
The uncertainty surrounding Greece’s ongoing debt crisis choked global markets on Monday, extending recent losses for the world’s stock exchanges. The Dow Jones Industrial Average closed the day down 350 points, or 2%. The S&P 500 dropped 2.1%, ending the day at 2,058 points. Meanwhile, the tech-heavy Nasdaq composite was hit…
“The Nasdaq has soared 285 percent, the S&P 500 is up nearly 210 percent and the Dow industrials have surged 172 percent since the market bottomed on March 9, 2009. That was when it looked like the world was ending and the stock market was little more than a black hole that countless dupes had … Continue reading
Is this the end of the last great run for the U.S. stock market? Are we witnessing classic “peaking behavior” that is similar to what occurred just before other major stock market crashes? By Michael Snyder Throughout 2014 and for the early stages of 2015, stocks have been on quite a tear. Even though the … Continue reading