Can some one tell me?

Question

Can some one tell me whats been going on with the stock market these passed few day, but in layman's terms. Thanks.

Answer 1

the market has be going up and down, not much major events (eg corps close down or openings) has taken place. The past few days, the stock market is pretty much static (meaning it did not change much). Yeah it's that simple.

PS don't buy unless you follow up closely with public news; because public's perceptions are the strongest indicator for stocks regardless of the conditions of the companies. But as you get deeper, get more involve.

Answer 2

Sure, basically, last Tuesday, the Chinese Stock Market took a dive. Huge loses. Americans were worried that the same would happen in the U.S. Stock Market and therefore didn't buy any stocks. Since they didn't buy any stocks, the U.S. Stock Market took a huge dive as well. It was the biggest fall since 9/17/01 (which was the first day the Stock Market opened up after 9/11). The Dow Jones dropped over 400 points on Tuesday and hasn't recovered yet. It went from about 12,600 toabout 12,200 Stock experts/analysts believe that it is only a "speed bump" and we'll recover rather quickly. But the question on everyone's mind is, "Are we going into another Economic Downfall?" With this question spreading throughout the world, the European Stock Market also fell. So now all the major stock markets in the world have fallen. Is this evidence of an economic apocolypse? That is what everyone wants to know.