On the anniversary of Mexico City's September 19, 1985 8.0 magnitude earthquake, a 7.1 magnitude earthquake struck just hours after a drill. We are able to see the devastation of dozens of buildings reduced to rubble as thousands pour through the remains looking for people still trapped inside. It's grim to say the least, but rescue efforts are underway.
Mayor Miguel Angel Mancera said buildings fells in 44 places, and at least 226 people have been killed according to ABC. The extent of the damage and injured or killed people is still mounting.
If you want to help the disaster relief efforts, check out Charity Navigator which ranks charities so your money goes to the appropriate people and places.
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Breaking down an approach to the long side of this biotech stock.
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