I’ve been thinking a lot about October 1987 recently. I’m sure many of you remember that month. But for those of you might be a little too young (or maybe the memory just isn’t what it used to be), that was the month where we saw a one-day decline in the stock market of more than 22%. That day would later become known as Black Monday. At the risk of bringing up a painful memory that’s seared into mind of many investors, let’s take a look at what happened then — because I think it can be instructive when thinking… Read More
I’ve been thinking a lot about October 1987 recently. I’m sure many of you remember that month. But for those of you might be a little too young (or maybe the memory just isn’t what it used to be), that was the month where we saw a one-day decline in the stock market of more than 22%. That day would later become known as Black Monday. At the risk of bringing up a painful memory that’s seared into mind of many investors, let’s take a look at what happened then — because I think it can be instructive when thinking about where we’re at in the market today. —Recommended Link— Collect Regular Government-Backed Marijuana Payouts Of $6,751 Or More There’s a tiny Maryland company with a revolutionary new marijuana profit-sharing plan. And it’s consistently sending out checks of $6,751. Or more. The payouts are 100% backed by a U.S. Federal Law. And there’s no limit to how much you can collect. Get the full story here now.. Let’s start with this chart… From a technical perspective, the chart shows that prices peaked in August 1987 and broke support near 2,520 in… Read More