500 points is nothin’ nowadays.
How do we know it’s not because of continued Congressional overspending?
The big issue is that what’s going on with Facebook could end up drawing in Twitter, Google and Yahoo! into the mess. And that could result in a lot of company officials getting indicted.
There is an old cowboy saying that you ride for the brand. If you don't want to, then go find a brand that you would rather ride for.
And Wall Street thinks letting the Chinese continue to steal our intellectual property is a good thing WHY, exactly?
Down 370 now
I am not joking. Just saw a local Miami media report that PART OF THE DOW DROP is because Trump changed lawyers. I about busted a gut.
This is about Republicans passing the biggest spending bill in history and ramming GUN CONTROL down our throats at the same time.
I certainly hope the Senate kills this bill or the Republicans can KISS THEIR MAJORITY GOODBYE IN NOVEMBER.
Or, possibly, on news of the budget.
Note, this may not be part of this volatility but could add to it in the near future....
Ever here of the website "AutoExtremist" ? It is the inside the beltway gossip line of the big three. I had a gnome tell me they are scary as too how well they are plugged in as too one story was if they were there in on the meeting they attend, now that is scary...
Anyway the guy that runs it ( Peter M DeLorenzo ) sent out this warning shot (again) on Tesla on 3/14/18:
"Tesla. Editor-in-Chief's Note: The Tesla implosion continues. As I predicted in this space two years ago, the Model 3 will be the end of Elon Musk's infatuation with the car business. With senior executives walking out the door at an alarming rate, and the continued inability to build the Model 3 with consistency and even a modicum of quality, this dance cannot continue. It doesn't matter what the fanboys say about the Model 3. If it can't be built, it will spell the end of the company. -PMD"
A link: http://www.autoextremist.com/on-the-table1/?currentPage=2