{"id":41880,"date":"2018-12-21T09:07:37","date_gmt":"2018-12-21T14:07:37","guid":{"rendered":"https:\/\/olduvai.ca\/?p=41880"},"modified":"2018-12-21T09:07:37","modified_gmt":"2018-12-21T14:07:37","slug":"worst-market-crash-in-a-decade-the-dow-has-fallen-more-than-4000-points-as-stocks-rapidly-approach-the-capitulation-phase","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=41880","title":{"rendered":"Worst Market Crash In A Decade: The Dow Has Fallen More Than 4000 Points As Stocks Rapidly Approach \u201cThe Capitulation Phase\u201d"},"content":{"rendered":"<header class=\"entry-header\">\n<h3 class=\"entry-title\"><a href=\"http:\/\/theeconomiccollapseblog.com\/archives\/worst-market-crash-in-a-decade-the-dow-has-fallen-more-than-4000-points-as-stocks-rapidly-approach-the-capitulation-phase\">Worst Market Crash In A Decade: The Dow Has Fallen More Than 4000 Points As Stocks Rapidly Approach \u201cThe Capitulation Phase\u201d<\/a><\/h3>\n<\/header>\n<div class=\"entry-content\">\n<p><a href=\"http:\/\/theeconomiccollapseblog.com\/archives\/worst-market-crash-in-a-decade-the-dow-has-fallen-more-than-4000-points-as-stocks-rapidly-approach-the-capitulation-phase\/stock-market-collapse-public-domain-3#main\" rel=\"attachment wp-att-14699\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-14699\" src=\"http:\/\/theeconomiccollapseblog.com\/wp-content\/uploads\/2018\/12\/Stock-Market-Collapse-Public-Domain-540x360.jpg\" sizes=\"auto, (max-width: 540px) 100vw, 540px\" srcset=\"http:\/\/theeconomiccollapseblog.com\/wp-content\/uploads\/2018\/12\/Stock-Market-Collapse-Public-Domain-540x360.jpg 540w, http:\/\/theeconomiccollapseblog.com\/wp-content\/uploads\/2018\/12\/Stock-Market-Collapse-Public-Domain-300x200.jpg 300w, http:\/\/theeconomiccollapseblog.com\/wp-content\/uploads\/2018\/12\/Stock-Market-Collapse-Public-Domain-768x512.jpg 768w, http:\/\/theeconomiccollapseblog.com\/wp-content\/uploads\/2018\/12\/Stock-Market-Collapse-Public-Domain.jpg 1280w\" alt=\"\" width=\"540\" height=\"360\" \/><\/a>We have not seen anything like this since the financial crisis of 2008.\u00a0 On Thursday the Dow Jones Industrial Average lost another 464 points, and over the last five trading sessions it has lost a total of more than 1,700 points.\u00a0 CNN\u2019s Fear &amp; Greed index has swung all the way over to <a title=\"\u201cextreme fear\u201d\" href=\"https:\/\/money.cnn.com\/data\/fear-and-greed\/\" target=\"_blank\" rel=\"noopener noreferrer\">\u201cextreme fear\u201d<\/a>, and there has only been <a title=\"one December in all of U.S. history\" href=\"https:\/\/www.zerohedge.com\/sites\/default\/files\/inline-images\/2018-12-20_11-54-57.jpg?itok=gfKz699N\" target=\"_blank\" rel=\"noopener noreferrer\">one December in all of U.S. history<\/a> that was worse for the stock market than this one.\u00a0 But back at the very beginning of October, most of the experts never would have imagined that the year would end this way.\u00a0 According <a title=\"to CNBC\" href=\"https:\/\/www.cnbc.com\/quotes\/?symbol=.DJI\" target=\"_blank\" rel=\"noopener noreferrer\">to CNBC<\/a>, the Dow Jones Industrial Average hit an all-time record high of <span class=\"text high\">26,951.81<\/span> in early October, and investors were feeling really good about things at that point.\u00a0 But on Thursday the index closed at just 22,859.60, and that means that the Dow has lost more than 4,000 points in less than three months.<\/p>\n<p>All of the major trend lines have been shattered and all of the key support levels have been breached.\u00a0 When analysts look at stock charts these days, all they are seeing is sell signal after sell signal.\u00a0 One investment strategist told CNN that stocks are <a title=\"\u201cquickly approaching the capitulation phase\u201d\" href=\"https:\/\/www.cnn.com\/2018\/12\/20\/investing\/dow-jones-nasdaq-oil-prices\/index.html\" target=\"_blank\" rel=\"noopener noreferrer\">\u201cquickly approaching the capitulation phase\u201d<\/a>\u2026<\/p>\n<blockquote><p><strong>\u201cEquity markets are quickly approaching the capitulation phase after having broken below critical support,\u201d<\/strong> Sam Stovall, chief investment strategist at CFRA Research, told CNN Business.<\/p><\/blockquote>\n<p>According to Google, \u201ccapitulation\u201d means \u201cthe action of surrendering or ceasing to resist an opponent or demand.\u201d\u00a0 In this case, the bulls are on the verge of surrendering to the bears, and if that happens we could see a tremendous amount of chaos break loose on Wall Street.<\/p>\n<p>\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Worst Market Crash In A Decade: The Dow Has Fallen More Than 4000 Points As Stocks Rapidly Approach \u201cThe Capitulation Phase\u201d We have not seen anything like this since the financial crisis of 2008.\u00a0 On Thursday the Dow Jones Industrial Average lost another 464 points, and over the last five trading sessions it has lost [&hellip;]<\/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":[3334,195,4106,6061,6125,1849,7196,21316,4754,21317,15959,21781,21318,6065,480,488,4427,506,4901,536,6066,20901,1615,6585,7553,1138,4562,3783,21919,2731,16878,21920,5221,753,21921,1469,7452,6540,860,21319],"class_list":["post-41880","post","type-post","status-publish","format-standard","hentry","category-economics","tag-anxiety","tag-debt","tag-debt-crisis","tag-financial","tag-financial-marketplace","tag-financial-markets","tag-global-debt-crisis","tag-global-financial-marketplace","tag-global-financial-markets","tag-global-panic","tag-going-into-debt","tag-into-debt","tag-investor-panic","tag-investors","tag-lending","tag-loans","tag-market-volatility","tag-markets","tag-michael-snyder","tag-money","tag-panic","tag-perfect-storm","tag-spending","tag-stock-bubble","tag-stock-crash","tag-stock-market","tag-stock-market-bubble","tag-stock-market-collapse","tag-stock-market-collapse-2018","tag-stock-market-crash","tag-stock-market-crash-2018","tag-stock-market-volatility","tag-stock-prices","tag-stocks","tag-stocks-are-overvalued","tag-stress","tag-the-economic-collapse-blog","tag-u-s-stocks","tag-wall-street","tag-what-is-coming"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/41880","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=41880"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/41880\/revisions"}],"predecessor-version":[{"id":41881,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/41880\/revisions\/41881"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41880"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}