US Stock Market Officially Crashes

Walter

Hall of Fame Member
Jan 28, 2007
34,887
126
63
Put in yer buy orders if you missed the opportunity on Wednesday.
 

mentalfloss

Prickly Curmudgeon Smiter
Jun 28, 2010
39,817
471
83
Cheaper shares of companies pumping record profits is a blessing.

It doesn't impact the economy.

 

petros

The Central Scrutinizer
Nov 21, 2008
117,264
14,263
113
Low Earth Orbit
Are you really THAT stupid?

A few juniors and few in production with a strong exploration program.

I'm still kicking myself for not getting Agnico Eagle stock 2 years ago.
Yeah nobody looked at gold when it dropped nearly $600 over the 3 years prior.
 

Danbones

Hall of Fame Member
Sep 23, 2015
24,505
2,198
113
We just got the first real picture of the Toronto housing market — and it’s ugly
Sales plunge 22%, weakest January since 2009

Toronto home sales tumbled in the first month of 2018, as tougher mortgage qualification rules came into play and borrowing costs rose.

Sales in Canada’s biggest city fell 22 per cent to 4,019 units from a year earlier, according to data released Tuesday by the Toronto Real Estate Board. It was the weakest month of sales for January since 2009. The average price of a home sold in Toronto was $736,783, down 4.1 per cent from January 2017, though little changed from December.

We just got the first real picture of the Toronto housing market

Some people are going to have problems soon, if not already.
 

JLM

Hall of Fame Member
Nov 27, 2008
75,301
548
113
Vernon, B.C.
We just got the first real picture of the Toronto housing market — and it’s ugly
Sales plunge 22%, weakest January since 2009

Toronto home sales tumbled in the first month of 2018, as tougher mortgage qualification rules came into play and borrowing costs rose.

Sales in Canada’s biggest city fell 22 per cent to 4,019 units from a year earlier, according to data released Tuesday by the Toronto Real Estate Board. It was the weakest month of sales for January since 2009. The average price of a home sold in Toronto was $736,783, down 4.1 per cent from January 2017, though little changed from December.

We just got the first real picture of the Toronto housing market

Some people are going to have problems soon, if not already.

It's way past time, prices now are far beyond the pale!
 

pgs

Hall of Fame Member
Nov 29, 2008
28,515
8,123
113
B.C.

Curious Cdn

Hall of Fame Member
Feb 22, 2015
37,070
8
36
My own opinion says invest in a few blue chip stocks that pay consistent dividends ,well I try to diversify my portfolio does not allow for ultimate coverage .

I hear that Nortel's pretty safe .... widows and orphans stocks.
 

taxslave

Hall of Fame Member
Nov 25, 2008
36,362
4,340
113
Vancouver Island

SHort seller's greatest wet dream. Smart people are making billions off of this. Wouldn't surprise me at all if the big money players rigged this up for a profit taking.


The words in there are way too big for flossy to comprehend.