S&P falls below 2K, Dow plunges 300 points as growth concerns weigh

Yahoo Finance ^ | 21 August 2015 | Evelyn Cheng

[ForYourChildren]

Bkmk

[Night Hides Not]

Nice analysis.

[montag813]

“GROWTH CONCERNS???” Excuse me while I LAUGH MY ASS OFF.

[Cowboy Bob]

Is that you, Jim Cramer?

[dragnet2]

-361

[servantboy777]

Markets never head straight down and everyone knows it. The trend points downward. Most market corrections happen about every seven years and almost always from late Aug. to early Nov.

I was curious, so I checked it out.

[catnipman]

“I supposed there is nothing to stop the Fed from “creating” ten trillion more dollars next Wednesday”

just depends on how sore their hands are from snapping their fingers.

[Moonman62]

Normally the markets react to the yield curve as it is manipulated by the Fed, but we do have to consider QE this time, I suppose.

http://stockcharts.com/freecharts/yieldcurve.php

Either drag across the chart on the right or click animate.

[Kartographer]

Preppers’ PING!!

Hat tip to Old Sarge for the heads up.

I will not bother pinging you on every article posted on the Market’s meltdown. If you can smell the smoke and feel the heat coming from the Market’s on going conflagration you are paying attention.

[Sam Gamgee]

What I don’t get is the NASDAQ is still basically sitting right above its start for 2015, while the DOW is well below that line. You’d think considering the lack of quality in the NASDAQ it would be leading the drop.

[Sam Gamgee]

That is what confuses me. Months back they declared QE is finished.

[MrB]

In other words, they got the go-ahead to pull the plug.

[Sam Gamgee]

But QE stopped months ago, so why didn't the markets tank then - right on the announcement?

[ShadowAce]

So much for your market prognostication.

Remind me to never invest based on your advice.

[Sam Gamgee]

Of course it is good. It is a Wall Street big lie otherwise. We need markets correcting from time to time, otherwise it becomes a “greater fools” game. Frankly a fairer valuation puts the DOW back at the 10,000 range.

[MrB]

Federally owned land:

And they owe China more than they can pay back.

[Tolerance Sucks Rocks]

Yeah, I plan to get some extra cash sometime in the next few days.

As far as I’m concerned, part of this meltdown is possibly because the Fed finally cut off the shares-buying gravy train.

I know the bond-buying program stopped some time ago, also.

This is a necessary correction. I just hope it’s not too bad.

[IYAS9YAS]

And they owe China more than they can pay back.

As of February this year, Japan was held more of our debt than China did. And, as a whole, our total debt is roughly 50% owned by U.S.-based interests (other agencies, state and local government, private individuals and other such). The remainder, yes, is foreign owned.

Source

[outofsalt]

As long as the Yankee ducks stay away!

[SaveFerris]

Keep us posted, thanks.