Look at me. I’m Asymco.
Just for fun: Apple vs. NASDAQ, Microsoft, and Google. From the day of Google’s IPO through today.
$SYK?- broke lower channel support line, may be heading to fill gap at $54 #stocks #trading
$QQQ just tested resistance at 59.30 and dive bombed.? Resistance and support levels are holding up very well in this market.?
It’s a very simple market here, play established support & resistance levels until the strategy doesn’t work.? Don’t make things harder than they should be.
Nasdaq - Financial Market
Where billions are made and lost in the blink of an eye.?
Here’s a fun fact - three munchkins = one full size donut. ?True story!
That’s one heavy period
Market was down 512 points. Reminds me of 2007 when these wild point swings were very common and dangerous. These days there happening for totally different reasons but same rules apply never take big position in any direction. Trade wisely
Stocks plunged Thursday in their single worst day since the 2008 financial crisis.
The Dow tumbled 512 points — its ninth deepest point drop ever — as fear about the global economy spooked investors.
All three major indexes tumbled more than 4% Thursday and erased all their gains for the year. The indexes have also pushed into “correction” territory — defined as a 10% drop from recent highs. The Dow, Nasdaq and S&P 500 have all fallen 10% in just the last 10 days.
Dow: down 512 points, 4.3%
S&P 500: down 60 points, 4.8%
Nasdaq: down 136 points, 5.1%
Also, Kraft is splitting into two companies. ?One for global snacks like Oreo, Trident and Cadbury. ?The other for North American grocery business, including brands like Jello, Oscar Mayer processed meats, and Kraft Macaroni & Cheese.