oil crisis - Wikipedia

For stock investors today, that piece of market history serves up a timeless lesson: Don't wait for the economy to pick up and then speed up before you decide to deploy your own cash and make new buys. The market leads the economy. So keep an open mind and accept a strong follow-through as your timing signal. Then, no matter how you feel, find a highly rated stock that breaks out of a sound base to new highs.

If you lack the courage to invest when most folks are depressed or disillusioned about stocks, you might suffer from mental inertia and never take the plunge. The oil embargo by OPEC in late whipped up inflation, and the U.

Meanwhile, newly industrialized countries knocked American manufacturers to the ropes. Many companies went through painful restructurings. Yet the stock market bottomed out and rallied well before the economy as a whole did. Three days later, in nearly the blink of an eye, the large-cap benchmark notched a follow-through 2 , rising 4.

But it held above the Oct. Coal stocks led from October to December Demand for coal spiked as America suffered from severe gasoline shortages. Catalog showrooms reinvented retailing with their time- and space-saving concept. Consumers appreciated the selection and low prices.

One could not ignore the oil-exploration and oil-services firms that dominated the buying during market rallies of the mids. You can see its chart on page of IBD Chairman William O'Neil's "How to Make Money in Stocks" 4th ed. Track the latest defense deals, airline orders and other aerospace news from the Paris Air Show.

Indian stock markets: Companies by Market Capitalization

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Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. The information has been obtained from sources we believe to be reliable; however no guarantee is made or implied with respect to its accuracy, timeliness, or completeness.

Authors may own the stocks they discuss.

Here's what the stock market did during Watergate — and why

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–74 stock market crash - Wikipedia

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