Stock Market Ups & Downs and why ..
Stock Market Ups & Downs and why ..
AverageSue : There was always concern about an AI bubble and rightly so. But at same time there seems to be flow of money from AI stocks into dividend stocks. Many of them continue to see nice gains. Especially, the ones that were undervalued for a long time. The Dow is down over 300 now, but some of the gains by a few stocks are so strong they are compensating a little bit.
Two hours to go before the market closes.The Dow is down about 550. The tech stocks continue their self off as health care, railroads and oils continue to set new market highs. Speculation mounts that a lot of Trump cronies might moving money around, There is increasing chatter around that win, lose or draw Congress will pass some parts of health care legislation in a lame duck session of Congress. Intel is having their worst trading day since 1974. Some analysts call it one small step above junk stock. It is also the co. that Trump invested 12 billion USD , of the govts, in and there were a lot of raised eyebrows regarding that move. Now, a large portion of that money has washed away,Gray boxed for being political and/or controversial in a General Chat discussion. Details Dispute
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