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29 Years Later, The Market Looks Nothing Like It Did October 19, 1987
Thursday, October 20, 2016 - 10:34am | 392October 19 marks the 29th anniversary of the infamous "Black Monday" stock market crash of 1987. On that day, the Dow Jones Industrial Average (INDEX: DJI) fell 508 points, or 22 percent. This remains the largest percentage drop on record. Charts Can Be Deceiving With the stock market currently...
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8 Years Ago Today, The Dow Had Its Worst Day Ever
Thursday, September 29, 2016 - 9:03am | 479#TBT: Eight years ago today the Dow suffered its largest one-day decline in history. Investors were obviously on edge back in September 2008, as the signs of a financial crisis are well known. Monday, September 29, 2008, actually started off on a somewhat positive note, as Citigroup said it...
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Bloomberg: August 2015 Was 'Terrifying,' But August 2016 Is 'Nothing But Calm'
Wednesday, August 24, 2016 - 7:15am | 330Monday, August 24, 2015, was a rough day for the U.S. equity market, which shed $1.2 trillion of market value at its worst moments. The S&P 500 index was the closest it has been in recent memory to setting off a market-wide circuit breaker that would have ceased trading for 15 minutes. One year...
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Altucher: The WTF! On This Stock Market 'Crash'
Tuesday, September 8, 2015 - 12:50pm | 1498The following article was originally published on JamesAltucher.com. Shit, I’m about to break all the rules of selling and marketing but I don’t care. People need to stop being fooled. It has to end. I write every day. I publish something here and on my email list maybe 5-6 times...
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Is A Market Crash Coming In 2015?
Tuesday, September 8, 2015 - 12:46pm | 2032This article was originally published on Quora. We are getting to the point that not even mighty James Altucher with all the chocolate in the world can save this market. 1) Liquidity drives markets swings, not valuation The stock market is more subject to liquidity flows than either company...
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What Happened On Black Monday, From A NYSE Floor Trader Who Was There
Tuesday, November 11, 2014 - 11:29am | 771Kenny Polcari remembers October 19, 1987, like it was yesterday. That’s because it was Black Monday, and Polcari was on the New York Stock Exchange trading floor watching it all unfold. He recently joined Benzinga’s #PreMarket Prep to talk about his experience watching the stock...