{"id":11297,"date":"2015-08-21T07:27:58","date_gmt":"2015-08-21T12:27:58","guid":{"rendered":"http:\/\/olduvai.ca\/?p=11297"},"modified":"2015-08-21T07:27:58","modified_gmt":"2015-08-21T12:27:58","slug":"we-have-already-witnessed-the-first-1300-points-of-the-stock-market-crash-of-2015","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=11297","title":{"rendered":"We Have Already Witnessed The First 1300 Points Of The Stock Market Crash Of 2015"},"content":{"rendered":"

We Have Already Witnessed The First 1300 Points Of The Stock Market Crash Of 2015<\/a><\/h3>\n

\"New<\/a>What has been happening on Wall Street the past few days has been nothing short of stunning.\u00a0 On Thursday, the Dow Jones Industrial Average plummeted\u00a0358 points<\/strong>.\u00a0 It was the largest single day decline in a year and a half, and investors are starting to panic.\u00a0 Overall, the Dow is now down\u00a0more than 1300 points<\/strong>from the peak of the market.\u00a0 Just yesterday, I wrote about all of the experts\u00a0that are warning about a stock market crash in 2015<\/a>, and after today I am sure that a lot more people will start jumping on the bandwagon.\u00a0 In particular, tech stocks are getting absolutely hammered lately.\u00a0 The Nasdaq has fallen close to 3.5% over the past two days alone, and it has dropped below its 200-day moving average.\u00a0 The Russell 2000 (a small-cap stock market index) is also now trading below its 200-day moving average.\u00a0 What all of this means is that the stock market crash of 2015 has already begun.\u00a0 The only question left to answer at this point is how bad it will ultimately turn out to be.<\/p>\n

When stocks were booming, tech stocks were leading the way up.<\/p>\n

But now that the market has turned, tech stocks\u00a0are starting to lead the way down<\/a>\u2026<\/p>\n

The Dow and the S&P 500 are negative for the year. The so-called \u201cFANG\u201d stocks \u2013 Facebook, Apple, Netflix, and Google \u2013 were some of the biggest losers, and helped send the Nasdaq more than 2% lower. Biotechs also suffered big losses; the iShares Nasdaq Biotechnology ETF fell 4% to a three-month low. The Vix, which gauges market expectations for near-term shifts in the S&P 500, surged more than 21%.<\/p><\/blockquote>\n

And Twitter is absolutely imploding.\u00a0 It has fallen below its IPO price, and at this point it is now down\u00a065 percent<\/strong>\u00a0from the peak.<\/p>\n

…click on the above link to read the rest of the article…<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

We Have Already Witnessed The First 1300 Points Of The Stock Market Crash Of 2015 What has been happening on Wall Street the past few days has been nothing short of stunning.\u00a0 On Thursday, the Dow Jones Industrial Average plummeted\u00a0358 points.\u00a0 It was the largest single day decline in a year and a half, and […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[1989,216,7551,5983,500,501,4901,4919,1139,860],"class_list":["post-11297","post","type-post","status-publish","format-standard","hentry","category-economics","tag-1989","tag-dow","tag-dow-jones-industrial-average","tag-economiccollapseblog","tag-market-collapse","tag-market-crash","tag-michael-snyder","tag-nasdaq","tag-russell-2000","tag-wall-street"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/11297","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11297"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/11297\/revisions"}],"predecessor-version":[{"id":11298,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/11297\/revisions\/11298"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11297"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11297"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11297"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}