Thread: Stock Market Crash More to Come

Stock Market Crash More to Come

Stock-Markets / Financial Crash
May 07, 2010 - 12:26 AM

By: Anthony_Cherniawski

Dow Plunges Most Since 1987 Before Paring Losses - The Dow Jones Industrial Average posted its biggest intraday loss since the market crash of 1987, the euro slid to a 14-month low and yields on Greek, Spanish and Italian bonds surged on concern European leaders aren’t doing enough to stem the region’s debt crisis. U.S. Treasuries surged.

The New York Stock Exchange told CNBC that there were no system errors during the Dow’s plunge as speculation of bad trades swirled through the market. The Nasdaq OMX Group Inc. said it is working with other markets to review the plunge.

“It’s panic selling,â€

Why the Stock Market Crashed on Thursday

/ Financial Crash
May 07, 2010 - 09:42 AM

By: Q1_Publishing

Let the speculation begin.

With the Dow falling farther and faster than it ever has before, the financial media begins its search for the “reasonâ€

Friday, May 07, 2010

Equity Markets: A Long Way Down From Here

While everyone is cheering Friday's rosy job's numbers, the market responded with a big fat "so what?"

Meanwhile, I have my eyes on a couple of charts that suggest "It Could Be A Long Way Down From Here"

$NDXA200R: Nasdaq 100 Percent of Stocks Above 200 Day Moving Average



$SPXA200R: S&P 500 Percent of Stocks Above 200 Day Moving Average



For more on the jobs report please see Jobs Increase by 290,000; Unemployment Rate Rises to 9.9%; A Look at the Details http://globaleconomicanalysis.blogspot. ... yment.html

Assuming you believe those jobs numbers, a huge rise in employment is more than priced in.

Mike "Mish" Shedlock

http://globaleconomicanalysis.blogspot. ... -here.html