Posts Tagged ‘drop’

TSX Plunges / Drop 483 Points During The Day As Oil Prices Retreat

Monday, December 8th, 2014

Earlier in the day the Toronto Stock Exchange (TSX) dropped 292 points, then it went down to 391 points.

Then the TSX went lower by 483 points.

After lunch however, it really tanked lower. As you can see from the weekly chart, chart below, that it has failed to go above 15550 and is plunging down to 13600 points. If it breaks that on the downside then watch out.

Japan Markets in Meltdown! 843 point drop 6.53% loss! America next!?

Thursday, June 13th, 2013

This is the second big drop in the last month. Earlier, the Nikkei already entered BEAR market territory by dropping just over 20%. This week, it looks like it drop even more.

Like the video above says, I also feel that this is the start of a big negative sentiment and negative turning point for the world economy. Japan cannot print out of the two decade long stagflation and neither can the United States.