Breaking down the stock market rout: Was there panic selling that typically precedes a bottom?

Breaking down the stock market rout: Was there panic selling that typically precedes a bottom?


PRO videocast: Breaking down the stock market rout

Mike Santoli and I broke down the stock market internals that occurred during the nearly 5% rout in the S&P 500 Thursday, trying to determine whether we are seeing the kind of panic that typically occurs around market bottoms.

CNBC Pro subscribers can watch the PRO videocast above for instant analysis on Thursday’s market plunge.

Santoli and I also discuss:

  • How to read the CBOE Volatility index, otherwise known as Wall Street’s “fear gauge”
  • How investors are still holding onto a belief that these tariff rates will be negotiated down by Trump
  • What the market is saying about recession odds
  • Where investors were playing defense and the areas of the market that were working on Thursday



Source

Canada Goose draws take-private bids valuing it at .35 billion as Bain Capital weighs exit
World

Canada Goose draws take-private bids valuing it at $1.35 billion as Bain Capital weighs exit

SHANGHAI, CHINA – DECEMBER 02: A citizen walks by a Canada Goose store on December 2, 2021 in Shanghai, China. Visual China Group | Getty Images Canada Goose’s controlling shareholder, Bain Capital, has received bids aimed at taking the luxury parka-maker private at a valuation of about $1.4 billion, according to people familiar with the […]

Read More
In 1991, he moved to the U.S. and delivered pizza for .25 an hour. Now, he owns over 270 pizza restaurants
World

In 1991, he moved to the U.S. and delivered pizza for $4.25 an hour. Now, he owns over 270 pizza restaurants

Nadeem Bajwa, 58, is the co-founder and CEO of Bajco Group. Courtesy of Nadeem Bajwa In 1991, Nadeem Bajwa immigrated to the United States from Pakistan. While attending college in Indiana, he worked a few jobs, including delivering pizza for restaurant chain Papa John’s, where he made $4.25 an hour. Today, the 58-year-old has a […]

Read More
Asia-Pacific markets mostly fall after Wall Street gains overnight
World

Asia-Pacific markets mostly fall after Wall Street gains overnight

Bombay Gate Gateway of India, Mumbai Arutthaphon Poolsawasd | Moment | Getty Images Asia-Pacific markets mostly fell on Wednesday after Wall Street gained overnight. India’s markets will also be in focus as the U.S. tariffs take effect. The country currently faces additional tariffs of up to 50% on exports to the U.S., after the Trump […]

Read More