Record Nasdaq days on the downside
03/16/2020 – 12.3% coronavirus 73 deaths. Fed cut interest rates to zeros. Airlines on verge of bankruptcies. Nasdaq Composite dropped 12.3%
10/19/87 -11.35 %
04/12/00 -9.67
03/12/20 -9.43 Trump bans European travel to USA. NBA cancels season after player has coronavirus. Tom Hanks has the virus.
09/29/08 -9.14 No bailout, WB bought by C. Dow down 7.0%. S&P down 8.74%
10/20/87 -9.00
10/26/87 -9.00
12/01/08 - 8.93 Bernacke speaks gloom, manufacturing is bad, retailers have bad opening.
08/31/98 -8.56 Russian and LTCM crash
10/15/08 -8.47% Retail numbers were bad, beige book bad.
04/03/00 -7.64
03/09/2020 Nasdaq Composite (-7.3%) Coronavirus and the Saudi and Russian dumping oil.
01/02/01 – 7.23% Funds lock in profits, Robbie Stephens downgrades EMC, INKT, NTAP, many others. NAPM Index at 43.7% (consensus was 47.1%), the lowest since April 1991 and indicative of a continued contraction in the mfg. sector
12/20/00 – 7.12% FDRY takes down infrastructures with the warning.
04/13/00 -7.02
10/27/97 -7.02 Asian Financial Crisis
08/08/11 - 6.90% S&P Downgrades US debt first time ever.
09/17/01 - -6.83 Trading resumes after the WTC bombing
11/19/08 -6.53% fed says unemployment could be 7.6%, recession all 2009.
03/12/01 – 6.30% CSCO warns prior period, Barron’s pummeling fiber optics stocks, ERICY warns.
01/05/01 – 6.20% BAC rumors of bad shortfall due to CA utilities and CSCO rumors of missing quarter sent it down.
04/03/01 – 6.17% - ABRA, ITWO, RBAK, AXP, INKT, ENTU, BVSN, warn last night.
03/27/80 -6.15%
03/28/01 – NT and PALM warn the night before sending networkers down double digits.
05/23/00- 5.93%
10/07/08 -5.80% MS fears the Japanese bank will pull financing and BAC has horrid earnings.
11/5/08 -5.53% election results and profit taking after 205 runup.
10/09/08 - 5.49% GM and MS downgrades, shorts allowed back
06/11/2020 5,3% fed chair said long recovery road ahead, covid19 cases increasing in several states, and 1.2 million filed for unemployment.
11/12/08 - 5.17% Treasury not buying toxic mortgage assets.
Best Buy earnings warning horror.Intel just cut Q4 guidance.
GOOG below $300.
11/20/08 -5.07% Congress postpones vote on auto bailout.
11/14/08 - 5.00% Worst retail month in Oct ever.
08/09/11 5.30% Bounce after 9 days of hell.
11/21/08 5.18% Obama names NY Fed as Treasury Secretary candidate |
