In October, Money Morning Capital Wave Strategist Shah Gilani predicted the Dow would hit 15,000 before it ever got to 18,000.
Now that his prediction has proven so accurate, FOX Business' "Varney & Co." wanted to know how low the Dow could sink from here.
In October, Money Morning Capital Wave Strategist Shah Gilani predicted the Dow would hit 15,000 before it ever got to 18,000.
Now that his prediction has proven so accurate, FOX Business' "Varney & Co." wanted to know how low the Dow could sink from here.
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With the Dow Jones Industrial Average falling more than 5% to start 2016, new investors have plenty of questions about how to start investing now.
The first thing investors need to remember is that even when the markets are volatile, there is plenty of profit to be had.
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Futures for the Dow Jones Industrial Average today (Friday, Aug. 21) forecasted an 80-point decline. The S&P is currently at a five-month low.
This all follows yesterday's declines, when the DJIA cratered 358 points, below the 17,000-mark, and the Nasdaq had its worst one-day decline since April 2014.
Here's a look at the stock market news that's moving the DJIA today even lower...
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