Wall Street’s biggest 5 stocks by value are on track for their worst month ever

It is shaping up to be an ugly month for the overall equity market, but it could be an even worst stretch for the cadre of stocks that have generated the most bullish momentum for Wall Street since March.

The runner-up for worst month for the collective of stocks isn’t even close, with October 2018 seeing about $425 billion of value erased during the period. To be fair, Apple has made gargantuan moves higher since the broader market hit a coronavirus rock-bottom level on March 23. Since that point in late March, Apple has added an astonishing $934 billion to its market cap.

Tech’s stall out raises some questions about the market’s ability to make further traction higher, with the Nasdaq Composite COMP, +2.26% in correction as of Sept. 8, defined by a fall of at least 10% from a recent peak. The S&P 500 SPX, +1.59%, meanwhile, is fending off its own bout of a retrenchment into corrective territory, while the Dow came awfully close, but failed to achieve a fresh high since its Feb. 12 peak.

😆

$TSLA easy to make $$$$$. Keep talking bad about $TSLA. But I can make $10 a share each time to get in. Ha... Ha... Don't know where is to dive !

The October Effect is here. Markets are headed for another Black October.

I dropped some amazon today

Too expensive. Nothing to promo

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Tech stocks lift Wall Street as economic rebound slowsWall Street climbed in choppy trading on Thursday, with investors returning to the perceived safety of technology-related stocks as a surprise rise in weekly jobless claims signaled a slowdown in economic growth.
แหล่ง: Reuters - 🏆 2. / 97 อ่านเพิ่มเติม »

Asia stocks set to trade mixed following overnight Wall Street volatilityChinese assets will be watched by investors on Friday after FTSE Russell announced Thursday that Chinese Government Bonds are scheduled to be included in the FTSE World Government Bond Index starting October 2021. Biden & Carter Why USA Democrats & British The Old sly Fox Diplomacy 1978 & ideology of left its destructive map which led to rise of criminal sect Islamic_Republic savage regime! Globalists a system which control over all human civilization Freemasons
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »

Asian stocks poised for gains after late Wall St dashAsian stocks were set to open higher on Friday as a late Wall Street rally supported global sentiment although weak U.S. data and uncertainty about a stimulus package in Washington have kept a lid on confidence. China is getting more and more stronger. As the East falls.
แหล่ง: Reuters - 🏆 2. / 97 อ่านเพิ่มเติม »