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Warning: The Dow Jones Could Fall Another 2,700 Points

by Dorian Holden | Oct 3, 2019 | Markets

The Dow is now down 1,100 points in three days. At the moment, the Dow Jones is down another 208 points.  The NASDAQ is down 52, as the S&P 500 slips another 20 points.  With little to get excited about, the Dow could slip another 2,000 points as we...

U.S. Imposing Tariffs on the European Union Starting October 18

by Dorian Holden | Oct 3, 2019 | Markets

The trade war is about to intensify. Only this time, it’s happening with the European Union. While we wait for signs of cooling trade war tensions at the U.S. China meeting next week, the U.S. is imposing tariffs on EU goods.  In fact, according to the Office of...

Here’s Why the Dow May be Heading About 2,000 Points Lower

by Dorian Holden | Oct 2, 2019 | Markets

Look out below.  The Dow Jones just broke below its 50-day moving average, and could easily test its 200-day average at 25,830.  Should that fail to hold, the next line of support doesn’t surface until 24,680 – or about 2,000 points than where we are right...

Recession Fears Return as Manufacturing Contracts

by Dorian Holden | Oct 1, 2019 | Markets

Major indices are red.  Investors are running to the exits, eyes covered.   All as the Dow slips 330 points. The NASDAQ shed 88, as the S&P 500 falls 35 points. All thanks to U.S. manufacturing woes that have investor fearing a recession.  The...

Brokerage Stocks Tumble as Charles Schwab Eliminates Commissions

by Dorian Holden | Oct 1, 2019 | Markets

Brokerage stocks are having one of their worst days on record. TD Ameritrade for example is down 21%, or $9.74 to just under $40.  E-Trade Financial is down nearly 18%, or $7.68 to $36 a share. Charles Schwab Corporation just slipped 8% to $38.37. Even...
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