Another 1000+ points for the DJIA this week?

Another 1000+ points for the DJIA this week?

It’s Tuesday morning, 8:59 AM (9:59 ET) and I’m making my prediction – we are in for another volatile week with all indices, including the DJIA. Things have stabilized after the big drop came just two weeks ago yesterday. The calm is appearing to return. The DJIA opened up over 300 points this morning. However … [Read more…]

Dow sinks 1,700 points in 1 week, is China really to blame?

Dow sinks 1,700 points in 1 week, is China really to blame?

This time last week the Dow Jones Industrial Average opened at 17,508, today it’s trading just over 16,000 after falling more than 1700 points in a week. According to the news China and uncertainty about global markets is to blame. But is China really the reason for the enormous sell off? If you listen to talking … [Read more…]