{"id":105560,"date":"2021-10-04T23:29:56","date_gmt":"2021-10-05T03:29:56","guid":{"rendered":"https:\/\/ibkrcampus.com\/?p=105560"},"modified":"2023-02-24T10:12:56","modified_gmt":"2023-02-24T15:12:56","slug":"stocks-fall-sharply-on-october-4-as-fundamental-shifts-begin-to-take-shape","status":"publish","type":"post","link":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/stocks\/stocks-fall-sharply-on-october-4-as-fundamental-shifts-begin-to-take-shape\/","title":{"rendered":"Stocks Fall Sharply On October 4 As Fundamental Shifts Begin To Take Shape"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Stocks \u2013 FB, AMZN, ROKU<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Macro \u2013 SPY, VIX<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">S&amp;P 500 (SPY)<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Stocks finished the day lower, with S&amp;P 500 down about 1.3% and the Qs down about 2.1%. It is hard to say that sell-off is picking up steam yet, despite being down almost 5.5% from its highs. Given the size of the advance over the past year and a half, a 5.5% drop is not a big deal. The S&amp;P 500 is now about 4% from its 200-day moving, a level that many people will watch but offers little if any support on a historical basis. The S&amp;P 500 has generally cut right through the 200-day moving average during actual periods of market worry such as 2015\/16, 2018, and 2020.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1100\" height=\"480\" data-src=\"\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/1-SP-500-2-1100x480.png\" alt=\"S&amp;P 500\" class=\"wp-image-105561 lazyload\" data-srcset=\"https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/1-SP-500-2-1100x480.png 1100w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/1-SP-500-2-700x305.png 700w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/1-SP-500-2-300x131.png 300w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/1-SP-500-2-768x335.png 768w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/1-SP-500-2.png 1320w\" data-sizes=\"(max-width: 1100px) 100vw, 1100px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1100px; aspect-ratio: 1100\/480;\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Now the 200-week moving average is a different story, with it only failing meaningful during the 2008 meltdown and the 2020 covid meltdown. But if we are heading to the 200-week moving average, we have merely brushed the decline\u2019s surface because that average is somewhere around 3,200.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1100\" height=\"480\" data-src=\"\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/2-SP-500-1-Week-1-1100x480.png\" alt=\"S&amp;P 500 1 Week\" class=\"wp-image-105563 lazyload\" data-srcset=\"https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/2-SP-500-1-Week-1-1100x480.png 1100w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/2-SP-500-1-Week-1-700x305.png 700w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/2-SP-500-1-Week-1-300x131.png 300w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/2-SP-500-1-Week-1-768x335.png 768w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/2-SP-500-1-Week-1.png 1320w\" data-sizes=\"(max-width: 1100px) 100vw, 1100px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1100px; aspect-ratio: 1100\/480;\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">There are fundamental reasons for the recent decline in the market; this isn\u2019t a technical adjustment being made. There are multiple issues with this market, such as high valuation, a Fed that is due to become less friendly, slowing GDP growth, slowing earnings growth, and the potential for a disappointing earnings season. Not to mention the index isn\u2019t even oversold yet, so there is a good chance we see 4,240 in the coming days. Once we fell below 4,306 today, the index was unable to rise back above it.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1100\" height=\"480\" data-src=\"\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/3-SP-500-1-Hour-1-1100x480.png\" alt=\"S&amp;P 500 1 Hour\" class=\"wp-image-105565 lazyload\" data-srcset=\"https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/3-SP-500-1-Hour-1-1100x480.png 1100w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/3-SP-500-1-Hour-1-700x305.png 700w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/3-SP-500-1-Hour-1-300x131.png 300w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/3-SP-500-1-Hour-1-768x335.png 768w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/3-SP-500-1-Hour-1.png 1320w\" data-sizes=\"(max-width: 1100px) 100vw, 1100px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1100px; aspect-ratio: 1100\/480;\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">From a technical standpoint, it almost appears there is a head and shoulder pattern formed in the index, with a neckline that has already broken.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1100\" height=\"408\" data-src=\"\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/4-SP-500-1-Day-1100x408.png\" alt=\"S&amp;P 500 1 Day\" class=\"wp-image-105566 lazyload\" data-srcset=\"https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/4-SP-500-1-Day-1100x408.png 1100w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/4-SP-500-1-Day-700x260.png 700w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/4-SP-500-1-Day-300x111.png 300w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/4-SP-500-1-Day-768x285.png 768w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/4-SP-500-1-Day.png 1320w\" data-sizes=\"(max-width: 1100px) 100vw, 1100px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1100px; aspect-ratio: 1100\/408;\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-vix-vix\">VIX (VIX)<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The VIX index hardly moved today, rising to 22.95. For now, the VIX appears to be settling into this 23 region, and it is interesting because it implies about a 1.5% daily move in the S&amp;P 500. Given the recent volatility in the market, it would explain why you do not see the VIX move lower as we have seen during previous sell-offs. Additionally, it seems the VIX could be setting you for a higher spike.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1100\" height=\"480\" data-src=\"\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/5-VIX-1100x480.png\" alt=\"VIX\" class=\"wp-image-105567 lazyload\" data-srcset=\"https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/5-VIX-1100x480.png 1100w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/5-VIX-700x305.png 700w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/5-VIX-300x131.png 300w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/5-VIX-768x335.png 768w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/5-VIX.png 1320w\" data-sizes=\"(max-width: 1100px) 100vw, 1100px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1100px; aspect-ratio: 1100\/480;\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Facebook (FB)<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Today, we saw the selling pressure on the mega-cap names pick-up, with Facebook falling nearly 5%. I have never been a fan of Facebook, and the latest news isn\u2019t going to help the stock. For now, support is at $325 is holding, and you have to hope that holds; otherwise, we could be looking at $315 as the next stop or, worse, $299.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1100\" height=\"532\" data-src=\"\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/6-Facebook-1100x532.png\" alt=\"Facebook\" class=\"wp-image-105568 lazyload\" data-srcset=\"https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/6-Facebook-1100x532.png 1100w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/6-Facebook-700x338.png 700w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/6-Facebook-300x145.png 300w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/6-Facebook-768x371.png 768w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/6-Facebook.png 1320w\" data-sizes=\"(max-width: 1100px) 100vw, 1100px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1100px; aspect-ratio: 1100\/532;\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Amazon (AMZN)<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Amazon fell to support today at $3,200. It is an essential level for the stock, as the next level of support doesn\u2019t come until $3,020. I know it is oversold based on the RSI, but that doesn\u2019t always mean something because it can become more oversold. Besides, the pattern suggests the RSI will make a lower low, which means $3,020 is probably on the way.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1100\" height=\"480\" data-src=\"\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/7-Amazon-2-1100x480.png\" alt=\"Amazon\" class=\"wp-image-105571 lazyload\" data-srcset=\"https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/7-Amazon-2-1100x480.png 1100w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/7-Amazon-2-700x305.png 700w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/7-Amazon-2-300x131.png 300w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/7-Amazon-2-768x335.png 768w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/7-Amazon-2.png 1320w\" data-sizes=\"(max-width: 1100px) 100vw, 1100px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1100px; aspect-ratio: 1100\/480;\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Roku (ROKU)<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Roku is getting close to going over the cliff at $287. It isn\u2019t that I don\u2019t like the product; I think the stock is overvalued and not appropriately priced given what the product is. Anyway, after $287 comes $228, and after that, $151. That could be the most perfect double-top pattern I have ever seen.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1100\" height=\"480\" data-src=\"\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/8-Roku-1-1100x480.png\" alt=\"Roku\" class=\"wp-image-105573 lazyload\" data-srcset=\"https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/8-Roku-1-1100x480.png 1100w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/8-Roku-1-700x305.png 700w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/8-Roku-1-300x131.png 300w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/8-Roku-1-768x335.png 768w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/8-Roku-1.png 1320w\" data-sizes=\"(max-width: 1100px) 100vw, 1100px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1100px; aspect-ratio: 1100\/480;\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">&#8211;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Originally Posted on October 4, 2021&nbsp;\u2013 <a href=\"https:\/\/mottcapitalmanagement.com\/stocks-fall-sharply-on-october-4-as-fundamental-shifts-begin-to-take-shape\/\">Stocks Fall Sharply On October 4 As Fundamental Shifts Begin To Take Shape<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stocks finished the day lower, with S&#038;P 500 down about 1.3% and the Qs down about 2.1%. It is hard to say that sell-off is picking up steam yet, despite being down almost 5.5% from its highs.<\/p>\n","protected":false},"author":17,"featured_media":105572,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[18,6,8,9,22,26,3],"tags":[149,465,1150,262,317],"contributors-categories":[13718],"class_list":["post-105560","post","type-post","status-publish","format-standard","has-post-thumbnail","category-macro","category-north-america","category-region","category-securities","category-stocks","category-text-articles","category-traders-insight","tag-amzn","tag-facebook","tag-roku","tag-spy","tag-vix","contributors-categories-mott-capital-management"],"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Stocks Fall Sharply On October 4 As Fundamental Shifts Begin To Take Shape<\/title>\n<meta name=\"description\" content=\"Stocks finished the day lower, with S&amp;P 500 down about 1.3% and the Qs down about 2.1%. It is hard to say that sell-off is picking up steam yet.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/105560\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stocks Fall Sharply On October 4 As Fundamental Shifts Begin To Take Shape | IBKR Campus US\" \/>\n<meta property=\"og:description\" content=\"Stocks finished the day lower, with S&amp;P 500 down about 1.3% and the Qs down about 2.1%. It is hard to say that sell-off is picking up steam yet.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/stocks\/stocks-fall-sharply-on-october-4-as-fundamental-shifts-begin-to-take-shape\/\" \/>\n<meta property=\"og:site_name\" content=\"IBKR Campus US\" \/>\n<meta property=\"article:published_time\" content=\"2021-10-05T03:29:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-02-24T15:12:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/8-Roku.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1320\" \/>\n\t<meta property=\"og:image:height\" content=\"576\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Michael Kramer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Michael Kramer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\n\t    \"@context\": \"https:\\\/\\\/schema.org\",\n\t    \"@graph\": [\n\t        {\n\t            \"@type\": \"NewsArticle\",\n\t            \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/stocks-fall-sharply-on-october-4-as-fundamental-shifts-begin-to-take-shape\\\/#article\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/stocks-fall-sharply-on-october-4-as-fundamental-shifts-begin-to-take-shape\\\/\"\n\t            },\n\t            \"author\": {\n\t                \"name\": \"Michael Kramer\",\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/b90904d07d8033e04171f125f6bc11f9\"\n\t            },\n\t            \"headline\": \"Stocks Fall Sharply On October 4 As Fundamental Shifts Begin To Take Shape\",\n\t            \"datePublished\": \"2021-10-05T03:29:56+00:00\",\n\t            \"dateModified\": \"2023-02-24T15:12:56+00:00\",\n\t            \"mainEntityOfPage\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/stocks-fall-sharply-on-october-4-as-fundamental-shifts-begin-to-take-shape\\\/\"\n\t            },\n\t            \"wordCount\": 564,\n\t            \"publisher\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/stocks-fall-sharply-on-october-4-as-fundamental-shifts-begin-to-take-shape\\\/#primaryimage\"\n\t            },\n\t            \"thumbnailUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2021\\\/10\\\/8-Roku.png\",\n\t            \"keywords\": [\n\t                \"AMZN\",\n\t                \"Facebook\",\n\t                \"Roku\",\n\t                \"SPY\",\n\t                \"VIX\"\n\t            ],\n\t            \"articleSection\": [\n\t                \"Macro\",\n\t                \"North America\",\n\t                \"Region\",\n\t                \"Securities\",\n\t                \"Stocks\",\n\t                \"Text Articles\",\n\t                \"Traders' Insight\"\n\t            ],\n\t            \"inLanguage\": \"en-US\"\n\t        },\n\t        {\n\t            \"@type\": \"WebPage\",\n\t            \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/stocks-fall-sharply-on-october-4-as-fundamental-shifts-begin-to-take-shape\\\/\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/stocks-fall-sharply-on-october-4-as-fundamental-shifts-begin-to-take-shape\\\/\",\n\t            \"name\": \"Stocks Fall Sharply On October 4 As Fundamental Shifts Begin To Take Shape | IBKR Campus US\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\"\n\t            },\n\t            \"primaryImageOfPage\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/stocks-fall-sharply-on-october-4-as-fundamental-shifts-begin-to-take-shape\\\/#primaryimage\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/stocks-fall-sharply-on-october-4-as-fundamental-shifts-begin-to-take-shape\\\/#primaryimage\"\n\t            },\n\t            \"thumbnailUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2021\\\/10\\\/8-Roku.png\",\n\t            \"datePublished\": \"2021-10-05T03:29:56+00:00\",\n\t            \"dateModified\": \"2023-02-24T15:12:56+00:00\",\n\t            \"description\": \"Stocks finished the day lower, with S&P 500 down about 1.3% and the Qs down about 2.1%. It is hard to say that sell-off is picking up steam yet.\",\n\t            \"inLanguage\": \"en-US\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"ReadAction\",\n\t                    \"target\": [\n\t                        \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/stocks-fall-sharply-on-october-4-as-fundamental-shifts-begin-to-take-shape\\\/\"\n\t                    ]\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"ImageObject\",\n\t            \"inLanguage\": \"en-US\",\n\t            \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/stocks-fall-sharply-on-october-4-as-fundamental-shifts-begin-to-take-shape\\\/#primaryimage\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2021\\\/10\\\/8-Roku.png\",\n\t            \"contentUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2021\\\/10\\\/8-Roku.png\",\n\t            \"width\": 1320,\n\t            \"height\": 576,\n\t            \"caption\": \"Roku\"\n\t        },\n\t        {\n\t            \"@type\": \"WebSite\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t            \"name\": \"IBKR Campus US\",\n\t            \"description\": \"Financial Education from Interactive Brokers\",\n\t            \"publisher\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t            },\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"SearchAction\",\n\t                    \"target\": {\n\t                        \"@type\": \"EntryPoint\",\n\t                        \"urlTemplate\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/?s={search_term_string}\"\n\t                    },\n\t                    \"query-input\": {\n\t                        \"@type\": \"PropertyValueSpecification\",\n\t                        \"valueRequired\": true,\n\t                        \"valueName\": \"search_term_string\"\n\t                    }\n\t                }\n\t            ],\n\t            \"inLanguage\": \"en-US\"\n\t        },\n\t        {\n\t            \"@type\": \"Organization\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\",\n\t            \"name\": \"Interactive Brokers\",\n\t            \"alternateName\": \"IBKR\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t            \"logo\": {\n\t                \"@type\": \"ImageObject\",\n\t                \"inLanguage\": \"en-US\",\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\",\n\t                \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t                \"contentUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t                \"width\": 669,\n\t                \"height\": 669,\n\t                \"caption\": \"Interactive Brokers\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\"\n\t            },\n\t            \"publishingPrinciples\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/about-ibkr-campus\\\/\",\n\t            \"ethicsPolicy\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/cyber-security-notice\\\/\"\n\t        },\n\t        {\n\t            \"@type\": \"Person\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/b90904d07d8033e04171f125f6bc11f9\",\n\t            \"name\": \"Michael Kramer\",\n\t            \"description\": \"Michael Kramer manages the Thematic Growth portfolio offered by Interactive Advisors, an online investing marketplace and a division of Interactive Brokers Group. He is also CEO of Mott Capital Management, a registered investment advisor.\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/author\\\/michael-kramer\\\/\"\n\t        }\n\t    ]\n\t}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Stocks Fall Sharply On October 4 As Fundamental Shifts Begin To Take Shape","description":"Stocks finished the day lower, with S&P 500 down about 1.3% and the Qs down about 2.1%. It is hard to say that sell-off is picking up steam yet.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/105560\/","og_locale":"en_US","og_type":"article","og_title":"Stocks Fall Sharply On October 4 As Fundamental Shifts Begin To Take Shape | IBKR Campus US","og_description":"Stocks finished the day lower, with S&P 500 down about 1.3% and the Qs down about 2.1%. It is hard to say that sell-off is picking up steam yet.","og_url":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/stocks\/stocks-fall-sharply-on-october-4-as-fundamental-shifts-begin-to-take-shape\/","og_site_name":"IBKR Campus US","article_published_time":"2021-10-05T03:29:56+00:00","article_modified_time":"2023-02-24T15:12:56+00:00","og_image":[{"width":1320,"height":576,"url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/8-Roku.png","type":"image\/png"}],"author":"Michael Kramer","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Michael Kramer","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/stocks\/stocks-fall-sharply-on-october-4-as-fundamental-shifts-begin-to-take-shape\/#article","isPartOf":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/stocks\/stocks-fall-sharply-on-october-4-as-fundamental-shifts-begin-to-take-shape\/"},"author":{"name":"Michael Kramer","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/b90904d07d8033e04171f125f6bc11f9"},"headline":"Stocks Fall Sharply On October 4 As Fundamental Shifts Begin To Take Shape","datePublished":"2021-10-05T03:29:56+00:00","dateModified":"2023-02-24T15:12:56+00:00","mainEntityOfPage":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/stocks\/stocks-fall-sharply-on-october-4-as-fundamental-shifts-begin-to-take-shape\/"},"wordCount":564,"publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"image":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/stocks\/stocks-fall-sharply-on-october-4-as-fundamental-shifts-begin-to-take-shape\/#primaryimage"},"thumbnailUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/8-Roku.png","keywords":["AMZN","Facebook","Roku","SPY","VIX"],"articleSection":["Macro","North America","Region","Securities","Stocks","Text Articles","Traders' Insight"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/stocks\/stocks-fall-sharply-on-october-4-as-fundamental-shifts-begin-to-take-shape\/","url":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/stocks\/stocks-fall-sharply-on-october-4-as-fundamental-shifts-begin-to-take-shape\/","name":"Stocks Fall Sharply On October 4 As Fundamental Shifts Begin To Take Shape | IBKR Campus US","isPartOf":{"@id":"https:\/\/ibkrcampus.com\/campus\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/stocks\/stocks-fall-sharply-on-october-4-as-fundamental-shifts-begin-to-take-shape\/#primaryimage"},"image":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/stocks\/stocks-fall-sharply-on-october-4-as-fundamental-shifts-begin-to-take-shape\/#primaryimage"},"thumbnailUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/8-Roku.png","datePublished":"2021-10-05T03:29:56+00:00","dateModified":"2023-02-24T15:12:56+00:00","description":"Stocks finished the day lower, with S&P 500 down about 1.3% and the Qs down about 2.1%. It is hard to say that sell-off is picking up steam yet.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/stocks\/stocks-fall-sharply-on-october-4-as-fundamental-shifts-begin-to-take-shape\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/stocks\/stocks-fall-sharply-on-october-4-as-fundamental-shifts-begin-to-take-shape\/#primaryimage","url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/8-Roku.png","contentUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/8-Roku.png","width":1320,"height":576,"caption":"Roku"},{"@type":"WebSite","@id":"https:\/\/ibkrcampus.com\/campus\/#website","url":"https:\/\/ibkrcampus.com\/campus\/","name":"IBKR Campus US","description":"Financial Education from Interactive Brokers","publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ibkrcampus.com\/campus\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ibkrcampus.com\/campus\/#organization","name":"Interactive Brokers","alternateName":"IBKR","url":"https:\/\/ibkrcampus.com\/campus\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/","url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","contentUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","width":669,"height":669,"caption":"Interactive Brokers"},"image":{"@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/"},"publishingPrinciples":"https:\/\/www.interactivebrokers.com\/campus\/about-ibkr-campus\/","ethicsPolicy":"https:\/\/www.interactivebrokers.com\/campus\/cyber-security-notice\/"},{"@type":"Person","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/b90904d07d8033e04171f125f6bc11f9","name":"Michael Kramer","description":"Michael Kramer manages the Thematic Growth portfolio offered by Interactive Advisors, an online investing marketplace and a division of Interactive Brokers Group. He is also CEO of Mott Capital Management, a registered investment advisor.","url":"https:\/\/www.interactivebrokers.com\/campus\/author\/michael-kramer\/"}]}},"jetpack_featured_media_url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/8-Roku.png","_links":{"self":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/105560","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/comments?post=105560"}],"version-history":[{"count":0,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/105560\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/media\/105572"}],"wp:attachment":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/media?parent=105560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/categories?post=105560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/tags?post=105560"},{"taxonomy":"contributors-categories","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/contributors-categories?post=105560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}