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Articles tagged with: October 1929

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Posted on 5 Aug 2011 | 5,302 views
Dow Jones Stock Market Still 30% Overvalued

Whenever the stock market plunges for several days it reminds us the stock market crash in October 1929, which triggered the 12-year great depression that hit all the western industrialized nations. It all began on a “Black Thursday“, Oct. 24, 1929, when share prices on the New York Stock Exchange (NYSE) collapsed. Stock prices plummeted on that day, and continued to fall at an unprecedented rate for a full month.

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Posted on 6 Apr 2011 | 6,521 views
1929 Stock Market Crash Insider Trading

During the Roaring ’20s, many Wall Street professionals, and even some of the general public, knew Wall Street was a rigged game with “Insider Trading” run by dominant investing pools. Suffering from a lack of disclosure and an epidemic of manipulative rumors, people believed coat tail investing and momentum investing were the only viable strategies for getting in on the profits.

Crash of 1987 »

Posted on 30 Mar 2011 | 11,674 views
Comparing the 1929 Crash to the 1987 Crash

The stock market crashed two times during the 20th century — once in October 1929 and almost 60 years later in October 1987.

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Posted on 30 Mar 2011 | 14,178 views
General Motors 1929 Stock Market Crash Price

On September 16, 1908, William Crapo Durant incorporated General Motors in New Jersey. Within 12 days of its founding, General Motors had issued $12 million in stock. On September 29, 1908 General Motors purchased Buick, Oldsmobile, Cadillac and Oakland (which was later known as Pontiac).

Crash of 1929 »

Posted on 11 Mar 2011 | 8,790 views
Famous Stock Market Headlines of 1929

For the first time ever, financial news moved to the front page of newspapers as first-time investors were growing during 1929. Even after the devastating market crash in October 1929, newspapers reported that the future looked bright for investors — here are some of the excerpts during that era.