Dow drops 300 points after poor outlooks from Caterpillar, Nvidia

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Stocks fell sharply at the open as investors fretted over weak earnings from Caterpillar and a big cut in revenue guidance from chipmaker Nvidia.

 

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Winning!!!! Winning!!!! Winning!!! Oh, yeah, Lock her up!!! Lock her up.

Nonsense!today the Dow Jones started the expected second leg in order to complete the double botom announced here , days ago!

Cat and nods miss yet it’s Trump. 👌🏻

Lets begin the day by thanking djt and his economic advisors and his trade experts for this market collapse mainly due to china trade war! This guy is so busy covering poop in his litter box he doesn't have time to govern!

And CNBC is trilled to report this. See they hope that the left will get on their band wagon and blame President Trump. Yesterday they mentioned I thought very snarky “ Yes President we will be watching earnings “

Blame Trump

“ Each day of the MadKing’s reign was worse than the one before.” Game of Thrones

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Nvidia warned of weak earnings, and now more chip stocks are fallingNvidia fell after it lowered its revenue guidance for its fourth quarter 2018 Monday. Meh—the product is fine It will work itself out OphirGottlieb CMLviz what happened here? I thought they stated there were no issues in China. Who’s gonna power my games?!?! The backup intel processor?!?! NOOOOOOOO!!!!!!!! 👿 nvidia nvidia
Source: CNBC - 🏆 12. / 72 Read more »

Dow falls roughly 300 points as growth, trade worries festerU.S. stocks tumble as growth and trade worries await investors returning from the long holiday weekend. CarrascoTV 😠☹️😥
Source: MarketWatch - 🏆 3. / 97 Read more »

Dow slips after Caterpillar misses profit expectationsThe heavy equipment company that is a bellwether for the U.S. economy also was less optimistic for 2019 than analysts had assumed, a sign that it may see the global economy slowing. I’m afraid to look. Caterpillar Misses profit expectations? Can anyone say steel tariffs? What a shock.😒 China has thousands of empty housing units & ghost metropolises. Trump can’t even agree with himself on what a fence vs a wall is.
Source: washingtonpost - 🏆 95. / 72 Read more »

Europe’s Outlook Darkens as Data Points to Sharper SlowdownThe eurozone economy continues to slow, according to business surveys released as officials at the European Central Bank meet for the first time this year. Probably just need another million or two immigrants?
Source: WSJ - 🏆 98. / 63 Read more »

Dow jumps 250 points as IBM, United Tech and P&G gain on earningsStocks traded higher on Wednesday after the release of strong corporate earnings from companies like IBM, United Technologies and Procter & Gamble. Earnings was the name of the game on Wall Street today, with strong reports from IBM, P&G, and United Technologies driving stocks up.
Source: CNBC - 🏆 12. / 72 Read more »