the fundamentals are strong
Yikes! The markets are closed and so are you. The Dow ended down 373 — more than 3% — and the S&P 500 dropped nearly 4%. But there’s good news if you are, say, a Saudi Prince: Oil shot the hell up by $16 a barrel, the biggest single-day climb since the Van Halen album [...]
WHOOPS: Dow down 449 for the day (-4.06%). NASDAQ down 109 (-4.94%). S&P 500 down 57.20 (-4.71%). The S&P is now down 26% from its peak of 1,565 in October. [Marketwatch]
