The Dow fell more than 150 points last Friday with all the Dow component stocks being in the red. This came from slightly lower Q1-2010 GDP data and from weakness in financials caused by the investigation into Goldmans. The movement of the major Dow stocks below sheds some light on where the bulk of the weakness came from.
About The Author
Kevin began his working life in the regional and economics division of the Ministry of Foreign Affairs. He then moved to the private sector analyzing equities before venturing out to start NRA Capital. After 25 years of watching stocks and living through financial disarray during the Pan Electric Crisis, the 1987 Crash, the Barings debacle, the Gulf War, Asian financial crisis - what can sub-prime do but add another scar to already bruised wounds. Ever since starting his blog, Kevin has been enthusiastically giving his personal views on the market. He discusses about equities, the market turmoil, and the broad economy.
July 7, 2009
January 23, 2017