Why is stock market down october 2018
Stock Market Down in October 2018
hello financial fans welcome to November
hopefully before this month is over the
stocks will stabilize just a little bit
during October
my personal portfolio and value went
down about 5% but that's not money out
the door because I'm still holding
almost all the stocks I had at the
beginning of October and I've actually
added a few stocks and I'll give you a
list of the stocks I own right now and I
will tell you that despite the 5 percent
drop in October in my portfolio value I
am still up 8.4% for the year so things
are not bleak or anything like that
and once the election results are in
the market should redesign of relief and
move on
uncertainty is what drives the market
down and when the market knows something
like they know something is good or
something is bad or that this stock is
going to have a brighter future or worse
future then the actual value of the
stock becomes more significant and
probably more honest because
Panny makes the market go up and down
it's a time to buy when it's low and
sell when it's high and the holdings I
have right now Apple AAPL and a G in C I
own that stock and Amazon I own am Zn
and two mutual funds AR ke ke and AR kW
and those are both up since I've owned
them ba which is Boeing it is a good
stock that I won't BP BP is an oil
company and it twice in 2018 it has gone
up above the value that I paid for it
and
then went back down it's down now but BP
pays a huge dividend as long as I hold
on to it and get the dividend it's a
good stock to own chy I own CI em I own
CTL I own and forward I keep hoping for
a really good news and forward but so
far it seems maybe to have touched the
bottom on its value and it might be
moving back up very slowly
FC exits report Mack Moran copper and
gold it's a mining company I owned that
and Gi LD which is Gilead Sciences I own
that and that's down quite a bit
Google goog they had a bad October but
Google should be around until the Sun
burns out of whatever Google is just in
a good spot and I expect good things
from Google and Kodak ko DK they're not
doing too well at all effective lost a
great percentage I lost seventy five
point nine percent on that one since
I've owned it so see what happens in the
future and by the way I'm reading the
list of my stocks at my brokerage my
brokerage company is TD Ameritrade but
whatever brokerage company you get I
recommend getting a broker who is near
to you physically has an office near to
you and also look at their requirements
the minimum investment allowed and so on
and don't trade stocks until you
followed stocks for at least year what
happened there okay could I LVS Las
Vegas Sands I think they could have a
good year I own that stock and is it up
or downs down since I bought it and
mo-mo Altria that's one of my best
performers of 222 percent since I owned
it but that's at least five years
probably
closer to ten years em arcade Merc I own
that one always does well Netflix and if
L X I I think Netflix should do very
well in 2019 and ly is an elite phase a
high dividend I own that nrz as a stock
that I only couldn't even tell you what
it is I think it's real estate of some
sort and piqué is real estate RT n
Raytheon has been doing very well for me
and then sprint which is the letter S
and AT&T which is the letter T and T W o
which is down should not down as much as
I thought it was an vizi Verizon which
is up since I bought it I'm looking
forward to the end of this year for
stocks I think probably toward the end
of December you get some really good
buying chances as people start unloading
these stocks they want to get off of
their books for the year and you should
be able to pick up some bargains so
toward the end of December the current
downturn in the market I think is just a
temporary thing that will be forgotten
in a few months and they'll have other
worries the stock market climbs a wall
of worry that's an old saying in a stock
market and there there will always be
bad news there will always be something
to make one stock go down or other stock
go up just get a strategy of buying and
holding buy stocks that have a p/e ratio
of 10 or less if possible have a sales
volume of 1 million shares or more per
day and a stock that pays a dividend 3%
or betters what I try to get and stocks
that you know something about and also
be diversified have stocks in different
sectors of the market
so hope that is helpful and see you in
December hopefully with better news for
the stock holders out there and for the
financial fans and I thank you very much
for watching
