S&P fall -94 points or -3.27%
The day could not end quick enough. The closing bell seemed to be the only thing to stop the carnage, as fear shifts to what happens overnight.
Here are the numbers and bearish story lines:
- The S&P fell 94.50 points or -3.28% at 2785.80. The low reached 2874. The index fell below its 100 day MA at 2822.37. The 200 day MA is ahead at 2765.51. The price has not trading below the 200 day MA since May 3rd, 2017.
- The Nasdaq fell -315.96 points or -4.08% at 7422.05. The low reached 7420.56. The index fell below the 200 day MA for the first times since July 2016 at 7499 and a trend line at 7475.
- The Dow fell -831 points or -3.15% at 25598. The low reached 25593. The index fell below its 50 day MA at 25995. The 100 day MA comes in at 25526.34. The Dow was last below the 100 day MA on July 9th.
Listen to some of these numbers:
- Square, -10.12%
- Twitter, -8.44%
- Netflix, -8.38%
- AMD -8.22%
- Nvidia, -7.48%
- Intuit, -7.35%
- Blackrock, -7.21%
- Adobe, -6.39%
- Amazon, -6.15%
- Alibaba, -5.8%
- Microsoft,, -5.43%
- Broadcom, -5.26%
- Alphabet, -5.06%
All the Dow30 stocks fell. The best performers were:
- P&G down -0.79%
- McDonalds, -0.84%
- Home Depot, -0.93%. Good thing a Cat 4 storm hit the US today.
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