On holidays so I'll keep it short,
Nasdaq down 22.5% last night since the August high, officially in bear/market crash mode.
All the bigger tech names were heavily sold off, FB, Google, Apple.
It seemed like once the Nasdaq had confirmed a 20% bear market was happening then all these bigger names stocks just started to sell off automatically, not in a panic but sustained selling.
Will this selling continue next week and even more so when other indexes starting falling into that 20% bear market territory??
Kind of reminds me of the constant sustained sell off in Oil..
Without 'good news', those expecting a bounce may not get it..
What are your thoughts on this @Diver Dan?
Short Term Trading Weekend Lounge: 21-23 Dec, page-18
-
- There are more pages in this discussion • 112 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add XAO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
8,754.7 |
Change
49.700(0.57%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,705.0 | 8,771.3 | 8,705.0 |
| XAO (ASX) Chart |
