Saturday, October 21, 2017

THURSDAY 10/19/17; Japan Exports/Imports; China Economic Data Including Q3 GDP (Gross Domestic Product); NIKK (Japan) Rallies 13 Consecutive Days; HSI (Hong Kong) Collapses -2%; PBOC Governor Zhou Warns About a “Minsky Moment”; Spain Proceeds with Suspending Catalonia Autonomy; Two-Day EU Summit Begins; BBT; DOV; GPC; KEY; PM; PPG; TXT; TRV; VZ; Philly Fed Business Outlook Survey; AAPL Collapses -2.4%; SPX, INDU and NYA Print All-Time Highs; ATHN; ISRG; Congress Approves Budget Bill

Today is the 30-year anniversary of the Black Monday stock market crash on 10/19/1987. The Dow fell 508 points a record -23% crash the biggest drop in history. This crash would be equivalent to the Dow losing over 5,000 points. Safeguards and circuit breakers are in place nowadays to 






[Purchase the 2017-10 chronology for October's exciting economic and market real-time history.]






Republicans are just as big spenders as the democrats. There are less than 30 fiscally-conservative lawmakers remaining in Washington, DC, such as Rand Paul. The establishment demopublicans and republocrats continue damaging the country over the last four decades. They are only concerned about their own power and wealth and protecting the US crony capitalism financial system that rewards 20 million Americans at the expense of the other 300 million.

S&P futures pop +10 points in a heartbeat but then relax to +4.

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