FEAR OF OCTOBER CREEPING INTO MONEY FLOWS IN 11 POPULAR TECH STOCKS $FB $AAPL $AMZN $GOOG $GOOGL $AMD $INTC $BABA $MSFT $TSLA $NVDA
Prudent investors who know the history of the stock market pay special attention to October.
After all, on Oct. 19, 1987, Dow Jones Industrial Average DJIA, plunged 22.61%. In October 2008, the S&P 500 SPX lost nearly a fifth of its value. Historically, October tends to be more volatile than other months.
This fear of October is beginning to creep into the market. Let’s examine with the help of a chart.
The chart
Please click here for the annotated chart of 11 popular tech stocks. Please note the following:
• Tech stocks have been the leaders of this market. It just makes sense to see how money is flowing into the leaders.… Please click here or the title below to read more.