RE:RE:RE:China has biggest one day stock crash since 2007US markets have been breaking down, as I said.
The DOW is no longer going up as in recent years. The DOW broke through its 50-day moving average this month and its 200-day moving average last week showing an additional break in momentum indicators.
Market breadth has collapsed with market participants hiding out in just a few sectors, like healthcare but this is increasingly a very crowded trade with valuations to match. The breakdown in market breadth has reached levels often seen before a market correction.
The US election process is also in motion and Hillary Clinton has placed equality as an important par of her platform as she puts the top 1% in focus. With much of the wealth having been redistributed to corporations and the top one % some warn of a regression to the mean.