What kinds of events causes the stock market (NY,Nasdaq) to go down? What events causes it to go up?

Buyers and sellers trade on news, earnings, technical and fundamental analysis and other events where they see opportunity to make money in up or down markets, or exit their position when risk seems too high.

Penny stocks are loosely categorized companies with share prices of below $5 and with market caps of under $200 million. They are sometimes referred to as "the slot machines of the equity market" because of the money involved. There may be a good place for penny stocks in the portfolio of an experienced, advanced investor, however, if you follow this guide you will learn the most efficient strategies https://tr.im/e3f14

years ago it used to be that owners of large amounts of stock would buy and sell to play the game of moving it up and down so they could purchase the stock at low prices, sell at high and make a mint. That's against the law now, I believe.

They say the economy is no longer tied to the stock market. If that's what you were asking.

Eric, I have found some links to websites dealing with this.

Some have links to further reading too.

I hope they prove useful to you:

http://www.investopedia.com/features/crashes/crash...

http://www.lowrisk.com/nasdaq-1929.htm

http://econ161.berkeley.edu/movable_type/archives/...

http://www.stock-market-crash.net/nasdaq.htm

http://query.nytimes.com/gst/abstract.html?res=9F0...

http://www.smartcompany.com.au/Premium-Articles/To...

It is nothing but gambling on high stake by poor persons and is just entertainment of rich ones.

greed causes it to go up. fear causes it to go down.