With the recent sell down that is happening around the global markets, many financial bloggers around have posted about their thoughts.
I thought it would be a great chance for me to do so as well, after all, this is the first time that I’m experiencing the sea of reds!
Dow Jones Industrial Average (DJIA) have experienced a 10.36% drop from it’s high at 26,616.71 since January 26, which technically is 14 days ago. This also means that for every $100 you put into DJIA on January 26, you’ll be left with $90 today.
If we were to take a look at the bigger picture, this is the first correction since 2016 that DJIA is experiencing after a 49.37% bull run (even till closing today), and 66.63% bull run to it’s ATH on January 26 2018.
Now, it’s pretty obvious that we are in Mr Bear’s territory today.
According to what Investopedia has …