Dave Manuel Logo
Saturday, October 25, 2014
Click Here to Subscribe to My Free Newsletter

DaveManuel.com BLOG POSTS
FRONT PAGE
ABOUT
SEARCH
CONTACT ME
SPECIAL FEATURES
INTERNATIONAL
ARTICLE ARCHIVE
BLOG POSTS
DICTIONARY
POLITICIANS
POL. NET WORTH
OTHER NET WORTH
U.S. DEBT CLOCK
NEWSLETTERS
DEALS
U.S. UNEMPLOYMENT
INFOGRAPHICS
NEWSLETTER
ADVERTISE
ARTICLE FEED
BLOG FEED



Definition of Black Monday







What does the expression "Black Monday" mean? What happened on "Black Monday"? What is the definition of "Black Monday"?

"Black Monday" most commonly refers to October 19th, 1987.

On this day, the Dow Jones Industrial Average (DJIA) dropped an astonishing 22.61% in just ONE DAY. To give you an idea of just how bad this single day drop was, the second worst day in the history of the Dow Jones Industrial Average came on October 28th, 1929, when the DJIA dropped 13.47%.

-- What is Black Monday - Finance term definition --The other major US market indexes dropped precipitously on this day as well - the NASDAQ fell 11.35%, while the S&P 500 dropped 20.47%.

The exact reasons for the massive one-day drop are still being debated to this day.

Most believe that the drop came as a result of computerized trading and standard human emotions. A bit of selling turned into a wave of selling pressure as automated trading systems automatically hit the exits. Automated selling turned into panic selling, and the result was the largest one day decline in the history of the NASDAQ, DJIA and S&P 500.

As a result of "Black Monday", trading curbs (or circuit breakers) were installed to give traders time to contemplate massive sell-offs of at least 10%.


Davemanuel.com Articles That Mention Black Monday:

The Longest Winning Streaks In The History of the DJIA, NASDAQ and S+P 500

Random Historical DJIA Facts and Figures

It's the 23rd Anniversary of "Black Monday"

September - A Historically Bad Month For The Markets

The Five Most Volatile Days in the History of the Dow Jones Industrial Average


Click Here For Hundreds More Definitions




Most Recent Articles
United States Congress Building - Capitol Hill - Side view on a sunny day - Photo
Posted on: 2014-10-23 00:04:00
CBO: Net Interest Payments on Federal Debt Expected To Hit $800 Billion By 2024
USA Deficit approaching 18 Trillion Dollars
Posted on: 2014-10-20 04:40:00
US Debt Load Approaching $18 Trillion
Netflix company logo - On white background
Posted on: 2014-10-15 21:36:00
Netflix Set To Lose Billions in Market Cap Following Q3 Earnings Report Release
Mitt Romney - 2012 Photo - Clear Blue Sky
Posted on: 2014-10-13 19:48:00
Iowa Poll: Romney Only Republican Who Would Beat Hillary Clinton
Dow Jones Industrial - Chart - Year 2014 up to October 9th
Posted on: 2014-10-10 20:53:00
Dow Jones Turns Negative For 2014 After Volatile Week





Twitter

421
Twitter $$


SPECIAL FEATURES

Debt Ceiling Changes (1940-Present)

United States Debt Clock

Where Did The DJIA/NASDAQ/S&P 500 Trade On..

Historical GDP Numbers for the United States

Historical Spending Increases

US Government Spending Breakdown 1962-2015

History of Deficits and Surpluses in the U.S.

History of Debt In The United States

Largest Foreign Holders of US Debt

Historical Gold Prices

Inflation Calculator

What Did It Cost?

Hedge Fund Filings

Historical Unemployment Rates in the United States

Historical State Unemployment Rates

Canada Debt Clock

A History of Bank Failures in the United States

Dow Jones Historical Data

Nasdaq Historical Data

S&P 500 Historical Data

Median Household Income History

House of Representatives History

Compound Interest Calculator

List of Failed US Banks 2014

Historical Unemployment Rates in Canada

UK Debt Clock

Intragovernmental Holdings

Historical Fed Funds Rate

Historical Bitcoin Prices

Financial Twitter Alerts




BLOG POSTINGS

Las Vegas: Democrats Currently The Favorites To Win in 2016

Los Angeles Clippers Likely To Fetch $1 Billion+ in Sale

Mark Cuban Not Sweating His Lack of Involvement in Box IPO

Vince McMahon a Billionaire Once Again

Parsing Obama's 2014 State of the Union Address

NHL Franchise Values Continue To Soar

Twitter To Trade Under TWTR Symbol

Shares of Tesla Drop on Downgrade, Car Fire

More Problems Arise For JC Penney

AMC Networks Basks In Glow of "Breaking Bad" Finale



INTERNATIONAL

Etoro Rezension

Os Dois Principais Corretores de Forex no Brasil

Meus Corretores Forex Brasileiros Favoritos



POLITICAL NET WORTH

Ted Cruz Net Worth

Marco Rubio Net Worth

Hillary Clinton Net Worth

John Boehner Net Worth

Paul Ryan Net Worth

Rick Santorum Net Worth

Newt Gingrich Net Worth

Mitt Romney Net Worth

Ron Paul Net Worth

Joe Biden Net Worth



OTHER NET WORTH

Lionel Messi Net Worth

Rand Paul Net Worth

Dr. Dre Net Worth

Wayne Rooney Net Worth

Johnny Manziel Net Worth

Stephanie McMahon Net Worth

Satya Nadella Net Worth

Paul Allen Net Worth

Adam Silver Net Worth

Peyton Manning Net Worth

Jay-Z Net Worth

Winklevoss Twins Net Worth

Chris Christie Net Worth

Adrian Peterson Net Worth



MOST RECENT DICTIONARY ENTRIES

Downtrend

Battlebus

Ballot Box

Market Timer

Annex

Cold Storage

Asset Allocation

Surge Pricing

Vault Cash

Hot Wallet




CREDIT CARDS AND OTHER SERVICES

The Top Three Online Stock Brokers In Canada

The Top Two Forex Brokers in Canada

PersonalLoans.com Review

Economist GMAT Tutor Review

MyHosting.com Promo Code

Media Temple Special Offer Code

Etoro - Tap Into The Power of the World's Largest Social Investment Network

Certified Hosting Promo Code

Yahoo! Web Hosting Coupon Code

Hostpapa Coupon Code

Hostgator Coupon Code

Fatcow Discount Coupon Code




ARTICLE ARCHIVES

Blog Posts

Company Reviews

Daytrading

General Knowledge

General Market News

Health + Fitness

Hedge Fund News

Internet Companies

Making Money Online

Motivational

Online Forex Trading

Real Estate News

Stock Market Education

Stock Market Scandals

The Economic Meltdown

Trader Profiles



DaveManuel.com - Copyright 2014, All Rights Reserved | Advertise | Privacy Policy | Disclaimer