Isn't something supposed to be going up?
2007-07-26 07:01:41 · 8 answers · asked by JOE105 2 in Business & Finance ➔ Investing
Actually bond prices are up today. The yield is down, but that means the prices are up.
2007-07-26 07:47:13 · answer #1 · answered by BIll Q 6 · 1⤊ 0⤋
When panic hits, there is generally a stampede for the exits. Actually, I think that AAPL is up. It is interesting how it usually takes weeks or months for the stock market to gain 400 points, but almost in the blink of an eye so to speak all those gains can evaporate.
2007-07-26 15:10:58 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Yes, something should be. When they are all down like this it is emotion driven, panic selling, not entirely based on fundamentals. Sit tight, use sideline cash to pick off the stuff that is trading too low, look at the (now) high div paying financials that are on solid footing.
2007-07-26 14:49:53 · answer #3 · answered by KevK 2 · 0⤊ 0⤋
I just checked on the wall street journal web site. For the NYSE, there were 201 stocks advancing in price, 62 unchanged, and 3,163 in decline. For the Amex, there were 187 increasing, 74 unchanged, and 1,063 declining. For NASDAQ, there were 358 advancing, 71 unchanged, and 2,685 in decline. In my own portfolio, I have about six declining for one advancing. Yes, there are some going up, very few, but they are there.
2007-07-26 14:29:41 · answer #4 · answered by Rabbit 7 · 1⤊ 0⤋
Many investors are mutual funds, hedge funds, & Govrnment retirement funds, that hire top advisors to manage their portfolios of stocks & investments.
They all have stop loss programs entered into their investment portfolios. When certain stocks decline, for any number of reasons, other stocks may have to be sold off to meet "Margin" requirements.
Hence, we get many investments of all types in a mad sell off pattern, that may or may not persist until things calm down.
Unfortunately, investors also use the "Herd" mentality where they all rush for the door out at once, before it closes.
Here is a story that could be related:
http://allafrica.com/stories/200707260883.html
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2007-07-26 15:01:14 · answer #5 · answered by beesting 6 · 0⤊ 1⤋
Who said they should go up?
Now you are beginning to understand the markets, they are not human, but they have a life of their own and the problem is,they never share their secrets......get used to it!
2007-07-26 14:39:11 · answer #6 · answered by katerschenko 3 · 0⤊ 0⤋
sometimes. There is no guarantee. DOW went up yesterday but today it may be down.
2007-07-26 14:18:05 · answer #7 · answered by merc 3 · 0⤊ 0⤋
they may be down for now but just like the terminator they'll be back
2007-07-26 14:09:57 · answer #8 · answered by supersam 1 · 1⤊ 0⤋