50% of U.S. Stocks Are In A Bear Market! Amazon DOWN 20% From Peak! Markets in PANIC MODE!

Is there any cause for concern that HALF of U.S. stocks are in a bear market? Or that doesn’t matter because this time is different?

The stock market has been patiently waiting for Amazon and other mega corporations to report their earnings in order to have an excuse to pump the market up further. Oddly, they disappointed, and the entire US market fell. This will obviously have an impact on global markets as they have been heavily reliant on good news out of the US to maintain some level of sanity. It seems like the madness will continue.

 

S&P 500 dips into correction territory, then rebounds in yet another wild day on Wall Street

https://www.cnbc.com/2018/10/26/stock-market-us-futures-show-drop-for-dow.html

Dow drops more than 200 points as weak tech earnings overshadow strong GDP report

https://www.cnbc.com/2018/10/26/stock-market-us-futures-show-drop-for-dow.html

Nearly half of the S&P 500 is in a bear market. Here’s where to hide out

https://www.cnbc.com/2018/10/25/nearly-half-of-the-sp-500-is-in-a-bear-market-heres-where-to-hide-out.html

Markets: Indexes, Bonds, Forex, Key Commodities, ETFs

https://www.cnbc.com/markets/

^DJI 24,884.80 -99.75 -0.40% : DOW – Yahoo Finance

https://ca.finance.yahoo.com/quote/%5Edji?ltr=1

Amazon is set for a big drop at the open (AMZN) | Markets Insider

https://markets.businessinsider.com/news/stocks/amazon-stock-price-earnings-q3-reaction-2018-10-1027659127

Tech-Sector Worries Weigh on Global Stocks – WSJ

https://www.wsj.com/articles/global-stocks-resume-declines-1540541081

Amazon shares sink 10 percent on growth worries | Reuters

https://www.reuters.com/article/us-amazon-com-stocks/amazon-shares-sink-10-percent-on-growth-worries-idUSKCN1N01L0

Snap is set to plunge to a record low (SNAP) | Markets Insider

https://markets.businessinsider.com/news/stocks/snap-stock-earnings-set-to-plunge-to-a-record-low-2018-10-1027659323

The hidden bear market: Most S&P 500 stocks are in “correction” – CBS News

https://www.cbsnews.com/news/the-hidden-bear-market-a-majority-of-s-p-500-stocks-are-in-correction/

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