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Where are we now

Reading price charts which may give you direction in the market using established TA methodology
Jonetc15
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Re: Where are we now

#337987

Postby Jonetc15 » September 3rd, 2020, 8:43 pm

P.S.

The Dow Jones is down 3.30% as I write (around 20.30 hrs): https://www.hl.co.uk/shares/stock-marke ... /dow-jones

The NASDAQ is down 5.32% (also as I write): https://www.hl.co.uk/shares/stock-market-summary/nasdaq

Tomorrow should be rather interesting.

Jon

Jonetc15
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Re: Where are we now

#338042

Postby Jonetc15 » September 4th, 2020, 10:04 am

P.P.S.

Are the US markets, dominated of course by tech stocks, only taking a breather? The FTSE 100, entirely different in its component sectors,
appears (so far, at 09:53) to be waiting and seeing. Time to reflect over the weekend.

Jon

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Re: Where are we now

#338059

Postby langley59 » September 4th, 2020, 10:57 am

The discussion on CNBC yeasterday evening implied that the fallback is in high flying tech 'work from home' stocks which have been subject to much short term speculation by retail investors 'working from home'. Hopefully this signals a sector rotation rather than a general collapse in share prices.


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