Daily Poll: Up and down shaking earthquake.
There're two kinds of earthquakes. The first one is shaking up and down, and the second one is side to side. The up and down earthquake usually causes more significant damage to one's property. And the same goes for the stock market; up-down shakes cause money loss. The big shake did happen in the market on Wednesday.
Major averages fell more than 1% on Wednesday after a morning rally faded. After having advanced as much as 1.9% by late morning, the $S&P 500 Index(.SPX.US$ gave up all its gains in the afternoon along with the $Dow Jones Industrial Average(.DJI.US$ and $Nasdaq Composite Index(.IXIC.US$ , which fell the most on the day. All three indexes breached key technical levels during the session.
Good luck to all the mooers, and hope you won't get hurt.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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Celestinel : Thank you for sharing the picture, the Gif is also very funny
Red Lantern : Do you except any after shocks or will it stabilise?
Mittchell : hiahia......Very aptly described, very easy to understand, thank you blogger
FBI888 : Opportunities are for those who are prepared. Stock market volatility is reserved for investors with reserves. I hope it is an opportunity to proceed as planned.$Sea (SE.US)$
$Disney (DIS.US)$
$SIA (C6L.SG)$
$YZJ Shipbldg SGD (BS6.SG)$
only rise please :
AirForceNurse1 : Where did this happen?
Revelation 6 : I think this is going to get worse as companies, large investors and individuals dump stock and adjust their portfolios with the current administration’s gutting of America policy. I would like to think it will all end with the start of the new year but this is just the beginning. Employees that used to get stock payments and bonuses now may opted for cash instead. Companies have to restructure how they are going to finance major expenses. The future is not so bright for private and public offerings as stocks have lost their long term value and tax advantage. My opinion is that Joe Biden has set in motion things that he doesn’t understand and has condemned the market to the bears and the retail investors to a beating. Everyone can say tax the rich all they want but they don’t understand that the rich don’t have to play. They can close their business, fire everyone and still have enough money to live the rest of their lives in luxury with no worries. They don’t have to care. The top 10% of the taxpayers in the United States pay 93.6% of all taxes. Think about that. Joe Biden is screwed up.