History of the Stock Market Crash
The flow of market forecasting is at its peak as we close out 2011 and look at the year ahead. Generally speaking, most outlooks fall safely within the bounds of existing consensus or conventional wisdom.
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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 stock market has had a tremendous run from the October 2011 lows, but two indicators are predicting a market correction is due.
When Apple stock took a surprising 9 percent plunge on Friday March 23, 2012 in what is known as a flash crash, the sudden drive appears to be unintentional human error but the result was Apple implementing the circuit breaker rule to avoid sudden market volatility.
Google stock is selling off today, Friday April 13 2012, as investors are focusing on some lingering concerns in the company’s business model.
Spending on equipment to make photovoltaic solar products will collapse next year following aggressive capacity expansions in 2010 and 2011 that have created an oversupply of panels in the market, according to a report by research firm Solarbuzz.
The upcoming date 11-11-11 is a particularly powerful moneymaker. It says dates with repeating 1′s are called “moneybags” in Chinese feng shui.
