The market moved sharply lower on Tuesday—and the Nasdaq hit correction territory—as the widespread sell-off in tech stocks continued, following the sector’s worst drop since March last week.KEY FACTS
The Nasdaq officially entered correction territory, falling by more than 10% in just the last three days of trading.
skleb1234 Smart money got more wealth last week, selling at a completely detached from reality pricing. Smart money sold. Good for them. Bag holders got a taste of reality. More reality to come, I reckon......
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Which Stock-Market Sectors Should You Invest In?Tech stocks have fueled the current bull market. Now, some financial pros say midcaps and non-U.S. holdings may be ready to push the market higher. People are mad to see the new high index. They will regret for it. Health tech and education tech. How and why?
Source: WSJ - 🏆 98. / 63 Read more »
Here’s why the Dow plunged last week and what’s ahead for the stock marketA bout of volatility returned to financial markets with a vengeance last week, disrupting a nearly uninterrupted climb to records for U.S. stock indexes and... I’m an optimist, and I’d like to see the market fall in half. Mathematically, with rates at zero, all stock prices should be at infinity. Many traders are betting on this ridiculous notion. I think they are stupid.
Source: MarketWatch - 🏆 3. / 97 Read more »
Here’s an overlooked way to play the ‘stuck-at-home’ trend in the stock marketWhat stocks should you buy to take advantage of the work-from-home trend? Forget Zoom and tech and think DIY home improvement companies like Home Depot and Lowe's, philipvandoorn writes. $HD $LOW PhilipvanDoorn Eat the rich Cuz they are eating the poor.
Source: MarketWatch - 🏆 3. / 97 Read more »
The ‘dollar smile’: The U.S. currency does well when the stock market either jumps or slumpsAnalysts at HSBC tested what's called the 'dollar smile theory' on this year's manic move in markets. What HSBC found was that the dollar rose both on days...
Source: MarketWatch - 🏆 3. / 97 Read more »
The Stock Market Is a Strong Election Day PredictorHistory shows the sitting president, or the party controlling the White House, has a clear advantage when the market rallies in the months preceding Election Day. Ummm😭😭😭 No it’s not cuz the stock market is not the economy which sucks and in a deep recession since February Isn't 90% of the stock market owned by 10% of America?
Source: WSJ - 🏆 98. / 63 Read more »
5 things to know before the stock market opens TuesdayTech stocks continued their rout in the premarket, with Nasdaq futures tracking for about a 3% decline at Tuesday's open. Retail dumb$ + 401ks trading other people’s$ got in at the top in July/Aug. = QuickTest of March lows in this W recovery? 🌷 Are you NEW to FOREX? Minimize your losses with my expert strategy with an investment capital of $300, i can guarantee $3,500 as profits after 5days of investment without sending money to anyone . Inbox me if interested. Russia already has a vaccine and it’s in stage 3 trials. China has one too. FuckAmerica
Source: CNBC - 🏆 12. / 72 Read more »