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Stock Market Crash: Is the worst over?

Posted April 4, 2008

“The U.S. markets leaped into the second quarter with the strongest start since 1938, as a rally in financial stocks led all three major indices to post gains of more than 3% on the first trading day in April.” — Jennifer Yousfi

by Jennifer Yousfi, Money Morning

Baltimore – (TFN): The U.S. markets leaped into the second quarter with the strongest start since 1938, as a rally in financial stocks led all three major indices to post gains of more than 3% on the first trading day in April.

It was a marked contrast to the first trading day of the first quarter when the Dow Jones Industrial Average Index (DJIA) suffered its weakest first trading day (in percentage terms) in the past 25 years and never looked back.

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New Breed of “Blue-Hot” Chips to Unleash 3-for-1 Profits

Blue-Hot Chips are “bursting out of nowhere to take the world by storm” says the Economist. Returns are so big that 28 of them are set to explode onto the Fortune 500 list this year.

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For the first quarter:

  • The blue chip Dow lost 7.5%, its worst showing in 5.5 years (or just after the tech bubble burst).
  • The tech-laden Nasdaq Composite Index plunged 14.1%.
  • And the broader Standard & Poor’s (S&P) 500 Index dropped 9.9%.

Compare those dismal stats to the … Read on to learn more.

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