The Stock Market Timeline






The Stock Market Timeline From The Pen Of Lynda Penn.

The Stock Market Crash of 1929 still remains to become a huge event in those history of stock trading after 80 years of its incidence. The excellent depression of 1929 rocked the lifetime of investors all over the world. Timeline – The day was Sept 4th, 1929 when the stock economy saw a huge high. This high encouraged banks to investing heavily in stocks. Even many investors got into investment together with the expectation of fully exploiting this high. However the high wasn’t there to stay. And on October 29th, 1929 those stock economy saw a big drop in the Dow.

That day the Dow had fallen by 11.5%. That may be a 39.6% if measured from the high stage of Sept 4th the same year. Now the stock market started inspiring very slow and steadily. But in July 1932, the market fell to a stage like that of 1929. And the Dow was recorded to be over 50% beneath the largest drop that had happened on 29th October 3 years back. Causes of the Crash – There are many causes that caused the excellent depression of 1929. The foremost reason is overvalued stocks. Analysts tell that the stocks were priced much and the P/E ratios were quite high.

The P/E ratio of the traded stocks in 1929 averaged around 60. One more reason which has been deduced is the of margin buying. The stock market couldn’t stay stabilized when such a big amount of cash was borrowed from it. Analysts found out that in 1929, nearly 5% of those total value of those stock economy was due to margin buying. The federal policies are also to become blamed according to the analysts. The prevailing president of those Federal Reserve Board, Mr. Adolph Miller introduced very strict monetary policies. The interest rates on the broker loans are unnaturally increased making all of it the more strenuous for the investors.

Bad banking structure may also be blamed for the excellent depression of 1929. There was a big number of new banks which were cropping up each and every day. The constraints which are imposed by those Federation werent good enough. They didnt have any regulation to determine those minimum capital required to start up a bank or any rules on the number of reserves which was allowed to be lent. Clearly, almost all these banks are insolvent and are closing at an equally faster rate as they are opening. When the market collapsed in 1929, the situations became worse. These banks that had invested in stocks heavily couldnt become perished due to those economy crash.

Reforms Following The CrashThe stock economy crash of 1929 led to a loss of approximately $14 billion of wealth.

Learn How To Trade By Following Lynda Penn

Lynda Penn

Bitcoin Trader and CEO of StockEX

Lynda Penn is a strict investor with a proven background for success. Her trading style is unique and she has helped many investors through StockEX to achieve their trading potential. Join StockEX today to see how Lynda can help you, or get in touch with Lynda directly if you would like more information on trading Bitcoin or any other form of stock investment.




Practice makes perfect

Any kind of investment comes with risk. Why not eliminate that risk by working with a proven trader whom has the experience to guide you every step of the way. StockEX provides the platform you need to invest in Bitcoin or stocks.

The best investment resouces

Lynda Penn has invested on the London stock market for a number of years and more recently in Bitcoin and other online trading platforms. With StockEX you get her exact A-Z guide to investment, and shown the methods she uses day in day out to invest.

Learn from the very best in Lynda Penn.

Join our course and start building the most wanted career available today in stock trading. We make sure every class is easily understood, and that all students reach the same level of expertise needed for today’s trading industry.

Working hours

Monday- Thursday:8:00-18:30 Hrs
(Phone until 17:30 Hrs)
Friday – 8:00-14:00

We are here

55 Saxon Road, Croydon, London SE25 5EH

Privacy Policy           Terms & Conditions

Stock Ex endeavours to ensure that the data and other material in this web-site are correct and complete, but does not accept liability for any error made or omission from this web-site. The development of Stock Ex products and services is continuous and published information may not be up to date. It is important to check the current position with Stock Ex.
You acknowledge and agree that all proprietary rights in the information received shall remain the property of Stock Ex. Reproduction, redistribution and transmission of any information contained in the web-site is strictly prohibited.
Stock Ex shall not be liable for any claims or losses of any nature, arising indirectly or directly from use of the data or material on this site or unauthorised access to this site or otherwise howsoever arising (except to the extent required by law).
Links to other sites from this web-site are for information only and Stock Ex accepts no responsibility or liability arising from access to, or the material on, any site which is linked from or to this web-site.
Access to this web-site is confirmation that you have understood and accepted these terms.