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The stock market freakout of 2018 hit a crescendo on Monday when the Dow plunged a record 1,175 points. The 4.6% plunge was the index’s worst day since August 2011 and knocked it into the red for the year.

“There’s been a seismic shift in sentiment, which had reached extreme levels,” said Paul Hickey, co-founder of Bespoke Investment Group. “When people view the stock market as an ATM machine, the market is going to fight back.”

David Kotok, co-founder of Cumberland Advisors, called it a “wild rollercoaster ride.” He said that when Dow futures plunged 1,000 points overnight, it amounted to “climactic panic selling” that could signal a bottom for the market.

Read the full article at WQAD.com