As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

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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.

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

Thursday, 29 October 2020

Dow sinks more than 900 points for its worst drop since June amid rising virus cases globally. Will STI panic and down -3%???

U.S. stocks fell sharply on Wednesday amid concerns over the latest increase in coronavirus infections and its potential impact on the global economy.

The Dow Jones Industrial Average dropped 943.24 points, or 3.4%, to 26,519.95, posting its fourth straight negative session. The S&P 500 slid 3.5%, or 119.65 points, to 3,271.03, while the Nasdaq Composite fell 3.7%, or 426.48 points, to 11,004.87. The Dow and the S&P 500 both suffered their worst day since June 11.









































3 comments:

  1. Hi Uncle8888,

    Christmas shopping comes on time lol! Another Halloween planting season (maybe thanksgiving too).

    Good change after all the harvesting in the last few months.

    Looks like normal profit taking ahead of couple of risk events. No major disorderly breakdown ... yet!

    ReplyDelete
  2. Dow 52 Wk low is 23 Mar 2020 = 18591.93.

    Still so , so far away leh.

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  3. This comment has been removed by the author.

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