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| Dow, Nasdaq, and S&P by closing time (4:14pm ET) |
- Overall market is on downfall again
- Dow Jones, Nasdaq, and S&P all dropped
- Oil price drops to around $30
- Impact on various industries, including alternative energy
International economy
- Russia's market is one of the world's 10 worst performing emerging market of 2015
- other markets include Brazil, Ukraine, and Libiya
- E.U. Euro and Japanese Yen goes down, and British pound rises
- Due to fall of oil prices, economy of oil producing countries are crashing
Individual Analysis
- Due to cheap oil, industries and stocks related with alternative energy is crashing
- Elon Musk, CEO of Tesla, says Electric Car industry will suffer
- The fall of oil prices seem to go for long time, so it is good for you to sell stocks related with oil industries/alternative energy industries
- communication industry didn't go through rough rise and falls for 3 months
- might consider investing in communication industry if you want something stable
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