As from April 2013 my Journey in Investing is to create Retirement Income for Life till 80 years old for two over market cycles of Bull and Bear.

Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down



Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Thursday, 11 October 2018

Dow plunges more than 800 points in worst drop since February, Amazon and tech shares lead the rout

Stocks sank on Wednesday as a steep decline in tech shares and worries of rapidly rising rates sent Wall Street on pace for its worst day in eight months.

The Dow Jones Industrial Average closed 831.83 points lower at 25,598.74 as Intel and Microsoft fell more than 3.5 percent each. The Nasdaq Composite plummeted 4 percent to 7,422.05.


5 comments:

  1. Give another couple weeks for sentiments & momentum to work themselves out .... opportunities may be coming ;)

    Especially for US stocks .... need to shake out the exuberance like in end-2015/early-2016 before a more sustainable trend can take hold. :)

    ReplyDelete
  2. Alamak! My US portfolio, die Liu.

    Singapore, i just started to nimble.

    Fortunately for me.

    Missed nimbling completely in 2015 and 2016 due to fear or xxxxx!?

    ReplyDelete
  3. Use to be kan Cheong spider in my younger days!

    It is never easy to wait and wait and durians still don't fall!
    .
    Everything in life needs cultivation.

    Especially patience.

    ReplyDelete
  4. Tokyo tumbles 4%
    Asia markets fell sharply on Thursday, with the stock indexes in Shanghai, Shenzhen and Tokyo all tumbling by around 4 or 5 percent. The Shanghai composite saw its worst session since February 2016, according to data from analytics company Wind. In the Greater China region, the Hang Seng index slumped 3 percent.

    In Taiwan, the tech-heavy Taiex dropped by 6.31 percent to close at 9,806.11, with shares of lens maker and Apple supplier Largan Precision plunging 9.89 percent. Over in South Korea, the Kospi continued the general trend for the day by tumbling 4.14 percent to close at 2,136.31.

    ReplyDelete
  5. This is the time what matters most in the Markets is Sentiments, not anything else.

    ReplyDelete

Related Posts with Thumbnails