Marc Faber, Peter Schiff and Nouriel Roubini are endlessly calling for the mother of all crashes for 2014, but now a different source is sounding the same 2014 stock market crash alarm — Richard Ross, a global technical strategist at Auerbach Grayson, and he is calling for a serious correction. He’s quite bearish and thinks the market’s are going significantly lower.
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Examining the largest daily percentage losses on the Dow Jones Industrial Average and NASDAQ leading to 10% or higher corrections.
The Stock Market Crash of 1929 was the most devastating market crash in the history of the U.S.A. because of its extent leading us into a Great Depression.
Black Monday refers to October 19, 1987 when the Dow Jones Industrial Average made history falling the most ever (-22.61%) in one day of trading.
The best single measure of where valuations stand at any given moment is the ratio of the total market capitalization to the total dollar value of the GDP. And any time that valuation stands at more than 100% of the total goods and services in the economy means it is time to be wary about common stocks.
Barron’s latest “Big Money” poll and its magazine cover just gave you reasons to be on the lookout for a stock market crash. Barron’s drives the point home with its over-the-top cover titled “Dow 16,000” — “Rule of Thumb” When the cover of a major financial magazine features a cartoon of a bull leaping through the air on a pogo stick, it’s probably about time to cash in the chips, mutual fund owner John Hussman wrote on his Hussman Funds website.