Post by Eric Gajewski on Oct 14, 2016 13:38:24 GMT
TradCatKnight: Economics: HSBC Is on “Red Alert”
Europe’s Biggest Bank London’s HSBC Is On “RED ALERT”: U.S. Possibility Of A Severe Fall In The Stock Market Is Now Very High
Today’s chart shows the performance of the Dow Jones Industrial Average Index since the start of the year. This index tracks 30 huge U.S. companies like Wal-Mart (WMT) and Apple (AAPL).
After going more than a year without setting a new high, the Dow broke out to a record high in July. That was good news for U.S. stocks. But, as you can see, the Dow didn’t stay above its 2015 high for long. According to HSBC, that could be a very bad sign.
tradcatknight.blogspot.com/2016/10/economics-hsbc-is-on-red-alert.html#more
Europe’s Biggest Bank London’s HSBC Is On “RED ALERT”: U.S. Possibility Of A Severe Fall In The Stock Market Is Now Very High
Today’s chart shows the performance of the Dow Jones Industrial Average Index since the start of the year. This index tracks 30 huge U.S. companies like Wal-Mart (WMT) and Apple (AAPL).
After going more than a year without setting a new high, the Dow broke out to a record high in July. That was good news for U.S. stocks. But, as you can see, the Dow didn’t stay above its 2015 high for long. According to HSBC, that could be a very bad sign.
tradcatknight.blogspot.com/2016/10/economics-hsbc-is-on-red-alert.html#more