• October Horror On Wall Street: Investors Nervously Watch To See If The S&P 500 Will Bounce Back Above Its 200-Day Moving Average

    9 days ago - By The Economic Collapse

    Is this going to be another October to remember for Wall Street? As I have explained previously, the month of October has historically been the worst month by far for the U.S. stock market, and it has also been the month when our most famous stock market crashes have taken place. The stock market crash that started the Great Depression in 1929 happened in October. The largest single day percentage decline in stock market history happened in October 1987. And most of us still remember what happened in October 2008. So will we be adding October 2018 to that list? Well, so far things are...
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  • Analyst: U.S. Stocks Are At An Overbought Extreme

    Analyst: U.S. Stocks Are At An Overbought Extreme

    9 days ago - By ETF Daily News

    From Streetwise Reports : Technical analyst Clive Maund charts the markets and explains why he finds that the U.S. stock market is at an unprecedented overbought extreme.
    There are times in life when being alarmed is actually a healthy defense mechanism that gives you an advantage over the many for whom “ignorance is bliss.” This is one of those times.
    The U.S. stock market is now at a dangerous unprecedented overbought extreme, as the charts that we will look at in this update make abundantly clear, after years of being wafted higher by a combination of QE, ZIRP and stock buybacks, and...
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