forex.pm forex forum binary options trade - Forex - Closing levels: Stocks puke into the close. Nasdaq falls to the lowest in a year
  • Welcome to forex.pm forex forum binary options trade. Please login or sign up.
 

Closing levels: Stocks puke into the close. Nasdaq falls to the lowest in a year

Started by forex4you, Apr 30, 2022, 12:54 pm

Previous topic - Next topic

0 Members and 1 Guest are viewing this topic.

forex4you

Closing levels: Stocks puke into the close. Nasdaq falls to the lowest in a year

The old adage is that stocks don't bottom on Fridays. Of course, it's also the final trading day of the month so that could have led to some special selling flows that could reverse on Monday as we begin May.
On the day:

    S&P 500 -3.6% worst single day since June 2020. Lowest close since May 2021
    Nasdaq -4.3%
    DJIA 2.8%
    Russell 2000 -2.9%Toronto TSX Comp -1.7%


Amazon was down 14% in its worst day since 2006.
On the week:

    S&P 500 -3.3%
    Nasdaq -3.9%
    DJIA -2.5%
    Russell 2000 -4.0%


On the month:

    S&P 500 -8.8% -- worst monthly drop since March 2020
    Nasdaq -13.3% -- largest monthly decline since 2008
    DJIA -4.9% -- worst monthly drop since March 2020


On the year, the Nasdaq is now down 21.2%. With that as a monthly close, it's a bear market in tech stocks.


   



Drawdowns in big-cap tech:

   
        AAPL 13.2%
   
        MSFT 18.7%
   
        GOOGL 23.6%
   
        TSLA 29.0%
   
        AMZN 34.1%
   
        NVDA 44.2%
   
        FB 47.4%
   
        NFLX 72.3%

Source: Closing levels: Stocks puke into the close. Nasdaq falls to the lowest in a year

forexlive.com
Forex4you offers wide range of trading accounts with DDE, NDDE and STP executions including more than 100 instruments. Forex4you is based on MetaTrader 4 trading platform. Clients have the advantage of daily technical and fundamental analysis, one-click trading, economic calendar, mobile trading applications, news and forecasts from Dow Jones (UK) and signals from Trading Central (US). In addition, Forex4you offers Forex dictionary, educational materials and lot of "How to" guides about Forex.

forex4you.com   share4you.com   betiforex.com Forex  beginners-guide-to-iq-option-complete-review forex4you review forex4you Forex4you Review - One of the Best Forex Brokers Forex4you Review - One of the Best Forex Brokers forex4you - PAMM forex broker review and feedback from traders forexbinaryoption.ae aroundworld24.com  Affiliate programs  Forex4you Affiliate programs   



forex4you.com