My Feeling About The Stock Market Was Confirmed

My feeling about the stock market was confirmed today with a 831 point drop in the Dow Jones Industrial Average down 3.15%. This is the biggest decline that the Dow has had since that 1000-plus point drop that we had in February. I think it's maybe the third biggest down day ever point-wise.

Week Stocks Beneath The Surface

If you look at some of the sectors that continue to get beat up making new 52 week lows so even though the headlines are probably gonna be about the Dow Jones Industrials Average (DJIA) making another all-time record high, beneath the surface are a lot of stocks that are having a lot of problems.

Italy Is Putting Pressure On The Euro Currency

The Italian market is under a lot of pressure because the Italian government is running deficits that exceed the two percent guidelines imposed by the Eurozone. I think they're proposed new budget deficit is 2.4 percent of Italian GDP and so this is putting pressure on Italy which is all so putting pressure on the euro currency.