Of course nasdaq plunging 1. 76 . You have to be mindful we have to be on the lookout for whats called a whoosh or a crescendo of selling that causes a bottom. Usually intraday dont worry, im just putting you on notice. May not happen tomorrow, may not happen next week but it will happen if stocks keep going down like this and the bond market one day stabilizes and we are no longer fighting the darn fed, which we still are. One day that will occur. Not yet. But thats why you need to be ready with your Shopping List of damaged stocks, not damaged companies. Because theyre whats worth buyi buying on the way down you tend to forget about them while this carnage occurs i like to have objective my favorite is when they have down to up volume of 91. It means finally the bulls capitulate and theyve surrendered and therefore theres nobody left to sell which means youve got to do some buying. Now, todays a typically ugly day, not the kind where you get that whoosh bottom i like to look at count
Guy welcome to countdown. Anna welcome to mondays program. Guy will be spending a lot of china talking about xi jinping and his visit to london. At the moment, chinese gdp. Gdp at 6. 9 . That was enough to past on losses pass on losses in the asian equity markets, still in the negative territory. Guy it has been worse. 2009 was worse. The midst of the financial crisis. Its the shape of the curve that will unnerve people. One of the questions we are asking today, you can get in touch with us on twitter, what is the best way to measure chinese Economic Activity . Measures out there set up for a previous year. Guy things like electricity consumption and things like that, is that still the most accurate guide . How do you measure services and china . How does it work . Colleagues at Bloomberg Intelligence saying we need more data. We saw that the crash in the stock market, and some were suggesting services should have been weaker. Guy you can never have enough data. How asian markets are r
Now. Announcer from nbc news World Headquarters in new york, this is nbc nightly news. Reporting tonight, Thomas Roberts. Good evening. We begin with breaking news tonight in houston, texas. A suspect is now in custody. Charged with capital murder for the executionstyle killing of a uniformed sheriffs deputy at a gas station. Deputy Darren Goforth had just finished refueling his patrol car when Authorities Say the shooter, quote, walked up behind him and literally shot him to death. Grainy Surveillance Video captured the ambush in what the sheriff calls senseless and cowardly. Jacob rascon has more from houston. Reporter tonight, Authorities Say the man who gunned down a houston sheriffs deputy has been caught. Shannon j. Miles charged with capital murder. We have identified the suspect responsible for the senseless and cowardly act. Reporter deputy Darren Goforth had just finished an accident report and pulled into a gas station at 8 30 last night. Six to eight shots and an officer is
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