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10 simple questions about the stock market plunge simply answered

December 28, 2018 by dailyherald Leave a Comment

The stock market's gyrations have dominated headlines for a solid two weeks now, but things can't be as bad as they sound. Or can they? We looked at the numbers to put this crazy time period in context. 1. What's going on with the stock market? It's down a lot.For almost a decade after it bottomed out in March 2009, the stock market seemed like it would only go up. There had been bumps and corrections along the way. But the sell-off in U.S. stocks, which began in October, is likely going to turn 2018 into the worst year markets have seen in a decade. As of Thursday, the Standard & Poor's 500 index, a broad measure of the U.S. stock market, is down about 7 percent on the year and 15 percent from its peak.2. Is it as bad as it seems? In the short term, yes. As of Thursday, the market was headed toward its worst December since the early 1930s. It's shaping up to be the fourth-worst quarter for the S&P 500 since 1950. Other indexes tell a similar story. The markets had a long … [Read more...] about 10 simple questions about the stock market plunge simply answered

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10 simple answers to questions about the stock market plunge

December 28, 2018 by sunjournal Leave a Comment

The stock market’s gyrations have dominated headlines for a solid two weeks now, but things can’t be as bad as they sound. Or can they? We looked at the numbers to put this crazy time period in context. 1. What’s going on with the stock market? It’s down a lot.For almost a decade after it bottomed out in March 2009, the stock market seemed like it would only go up. There had been bumps and corrections along the way. But the sell-off in U.S. stocks, which began in October, is likely going to turn 2018 into the worst year markets have seen in a decade. As of Thursday, the Standard & Poor’s 500 index, a broad measure of the U.S. stock market, is down about 7 percent on the year and 15 percent from its peak. 2. Is it as bad as it seems? (Washington Post graphic) In the short term, yes. As of Thursday, the market was headed toward its worst December since the early 1930s. It’s shaping up to be the fourth-worst quarter for the S&P 500 since 1950. … [Read more...] about 10 simple answers to questions about the stock market plunge

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Trump calls stock sell-off a correction, says Fed ‘crazy’

October 14, 2018 by crcconnection Leave a Comment

Wednesday evening, lower futures indicated that the Dow Jones would fall even further on Thursday when the exchange opened. Bourses in Paris and Frankfurt both lost more than two per cent, while London fell 1.3 per cent. A jump in yields tends to rattle investors, and the S&P 500 dropped 3.3 percent on October 10 for its biggest loss since February - and clinched its first five-day losing streak since 2016. "It's all about investors rethinking their exposure to stocks."Many of the biggest U.S. names fell hard in Wednesday's session, with Apple, Boeing and Facebook all slumping more than four percent and Amazon, Nike and Microsoft shedding more than five percent". Consider that as rates are higher this year, the USA government estimates it will pay interest of $518.17 billion on its debt in the fiscal year 2018. I suspect that long-term rates will keep rising, at least for a while. "The dollar is very strong, very powerful and it causes difficulty in doing business". On the back of … [Read more...] about Trump calls stock sell-off a correction, says Fed ‘crazy’

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Player’s Network, Inc. Discusses Industry Opportunities and Valuation with Uptick Newswire’s Stock Day Podcast and Talks Boosting Investor Confidence

September 17, 2018 by einnews Leave a Comment

PHOENIX, Sept. 17, 2018 (GLOBE NEWSWIRE) -- Stock Day Podcast, a radio show dedicated to Microcap and Small Cap companies published by UpTick Newswire, hosts Player’s Network, Inc. (OTCQB: PNTV), a rapidly growing company in the recreational and medical marijuana industry with licensed grow operations in 2 states. PNTV is eyeing even greener pastures in the growing Marijuana industry. Director, Brett H. Pojunis, discussed some of the opportunities and challenges facing his company with Stock Day’s Everett Jolly. Jolly noted that while PNTV’s sales are up over 2,474%, their stock is stuck at $0.05 cents per share.Brett H. Pojunis explained that PNTV is late on its recent quarterly filing due to the amazing acquisition of an operational 56,000 sq. ft. cultivation (grow) facility in Salinas Valley, California. independent research report come out in the middle of July, they said, if Players Network is only doing a million a month and they only get a 10x, than these … [Read more...] about Player’s Network, Inc. Discusses Industry Opportunities and Valuation with Uptick Newswire’s Stock Day Podcast and Talks Boosting Investor Confidence

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As Trade War Intensifies, China Moves to Bolster Its Economy

August 23, 2018 by nytimes Leave a Comment

Sections SEARCH Skip to content Skip to site index Business Day Subscribe Log In Subscribe Log In Today’s Paper Advertisement Supported by ByKeith Bradsher Aug. 23, 2018 SHANGHAI — As China’s economy slows and the trade war with the United States intensifies, Beijing’s economic bosses are swinging into action. Chinese officials are pushing banks to lend more and allowing indebted local governments to spend money on big projects again. They have moved to shore up the value of the country’s currency. They have also helped out the stock market, say financial analysts, as the government works to avert a stock market collapse like the one three years ago that shook the world. “It’s a line in the sand for the leadership” of China, said Hao Hong, the research director for the international operations of the Bank of Communications, a Shanghai-based financial institution. China is taking … [Read more...] about As Trade War Intensifies, China Moves to Bolster Its Economy

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