36 years since Black Monday

36 years ago: “Black Monday” – Dow Jones dropped 22.6% for no apparent reason 😬.

As a result, US stock markets introduced “Circuit Breakers”, triggered at:

– 7% drop (results in a 15-minute trading halt)

– 13% drop (results in an additional 15-minute trading halt)

– 20% drop (trading halted for the rest of the trading day)

The goal?

Prevent panic selling and give investors time to “assess the situation.”

Curiosities

From 1988 to early 2020, this Circuit Breaker was triggered only once.

At the start of the COVID-19 pandemic, it was triggered four times in 10 days.

About the Viking

With Viking’s signals, you have a good chance of finding the winners and selling in time. There are many securities. With Viking’s autopilots or tables, you can sort out the most interesting ETFs, stocks, options, warrants, funds, and so on.

Click here to see what Vikingen offers: Detailed comparison – Stock market program for those who want to become even richer (vikingen.se)