Thursday, October 4, 2018

IBD: "Dow Jones Futures: 47 Reasons To Worry About The Stock Market Rally; Elon Musk Tweets Again"

DJIA futures currently up 16 points.

From Investor's Business Daily:
Dow Jones futures rose slightly late Thursday, along with S&P 500 futures and Nasdaq futures. In Thursday's stock market trading, the Dow Jones fell 0.75% and the S&P 500 index 0.8%. The Nasdaq composite skidded 1.8%, closing below its 50-day line for the first time since July 30. Apple (AAPL) and FANG stocks Facebook (FB), Amazon.com (AMZN), Netflix (NFLX) and Google-parent Alphabet (GOOGL) all suffered losses, with Amazon stock falling below its 50-day line. Meanwhile, 47 stocks in the IBD 50 list, including Apple stock, fell on Thursday, with many breaking below buy points or other key technical levels. Finally, Tesla CEO Elon Musk roiled Tesla stock late with his latest tweet....MUCH MORE

Here's Elon's twitter feed if you don't have it right to hand.

After dropping $12.97 during the regular session Tesla's stock is down another $4.74 in late after-hours trade, $$277.09 last.

And I am out of here.