The stock market continues to show its yo-yo like behavior this week with the Dow losing 362 points, or 1.4%, to pace losses as all the major indexes closed in the red.
U.S. stocks have gone up for too long, too consistently, some investors and analysts have argued.
In fact, there hadn’t been so much as a day with a 1% drop since last August — that is, until Tuesday.
This comes on the back of an announcement by Amazon.com AMZN, +3.08%, JPMorgan Chase JPM, +0.01% and Berkshire Hathaway BRK.A, +0.51% BRK.B, +0.00% that they will process their health-insurance claims.
And on the heels of this market sell-off, investors are about to face a hectic couple day in markets news with Wednesday bringing Facebook (FB) earnings and a Federal Reserve meeting, both in the afternoon.
The question that continues to occupy investors mind given the long bull run is when will the bull breaks its neck.
There is no doubt that this will happen, but the day and time, investors knoweth not, so, the bubble continues.
Yvad Billings, Readers Bureau, Fellow
Edited by Jesus Chan
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