UlrichWe're in a freight recession.. stocks are overvalued across the board.. the market hates uncertainty and there's certainly alot of that lately with the trade disputes, N. Korea, Brexit etc.. and on and on. And a bearish market is long overdue as this current bull run has been the longest in history. Look at the bright side: if you reinvest your dividends you get more bang for the buck when stock prices are lower.
The little stock that I do own had been in Dividend ReInvestment Program since the first dividends were declared on it - My DRIP shares far exceed my purchased shares.
Never too old to have a happy childhood!
We're in a freight recession.. stocks are overvalued across the board.. the market hates uncertainty and there's certainly alot of that lately with the trade disputes, N. Korea, Brexit etc.. and on and on. And a bearish market is long overdue as this current bull run has been the longest in history. Look at the bright side: if you reinvest your dividends you get more bang for the buck when stock prices are lower.
I just thought it was an odd coincidence!
I don't think that I have ever seen that big of a drop from one day to the next. To be fair, CSX stock dropped $8.17.
i wonder what hit the transportation industry?
.
Mr. Jim, who really knows why stocks drop, or bounce up and down. Seems like every bit of bad news causes the stock market to go into a tizzy.
Why? Well, remember the old saying, "Money is a coward."
One of the wisest old sayings out there.
Not for or against Mr. Squires by the way, just sayin'.
And stock dropped over $15/share yesterday!
NS CEO outlines benefits of operations changes that are similar to Precision Scheduled Railroading
http://trn.trains.com/news/news-wire/2019/07/16-squires-pleased-withns-operations-changes
Brian Schmidt, Editor, Classic Trains magazine
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