US Stock Market Officially Crashes

Danbones

Hall of Fame Member
Sep 23, 2015
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Things sound crappy on your planet cliffy, why don't you come back to earth?
:)
 

Walter

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Jan 28, 2007
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Seems to that a certain CC member whose name stats with "W" and ends in "alter" predicted that the GOP was going to ride to victory in November on the stock market wave. What now I wonder?

I said they’ll ride to victory on the good economy, which is what is happening.
 

taxslave

Hall of Fame Member
Nov 25, 2008
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Seems like all the anti Trump crowd being fiscally illiterate neglected the fact that there is no direct connection between what the stock market does and what the economy does. SO hard all we have is a profit taking by pension and hedge funds. No mass layoffs no widows and orphans loosing their life savings. In fact many will have made out like bandits in this.
 

JLM

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Nov 27, 2008
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Seems like all the anti Trump crowd being fiscally illiterate neglected the fact that there is no direct connection between what the stock market does and what the economy does. SO hard all we have is a profit taking by pension and hedge funds. No mass layoffs no widows and orphans loosing their life savings. In fact many will have made out like bandits in this.

Big opportunity here................stocks are going on sale. But we're going to have to be quick as it could start bouncing back as soon as tomorrow! Meanwhile the idiots will crap themselves! :)
 

petros

The Central Scrutinizer
Nov 21, 2008
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Low Earth Orbit
All the genius came crawling out from under the fridge I see.


Asian companies are turning to the dollar bond market like never before, selling record amounts of securities that leveraged investors desperate for yield are scooping up. But there’s a flip side to all that growth: it’s getting easier for funds to sell them short.

With unprecedented numbers of first-time borrowers and concerns about the financial transparency of some issuers, the market is increasingly vulnerable to higher volatility. Traders are already reeling from high-profile meltdowns this year after prices collapsed on bonds from Noble Group Ltd. and Reliance Communications Ltd.

“You will see movements that you won’t have seen before," even as short selling can help improve market efficiency, said Owen Gallimore, head of credit strategy at Australia & New Zealand Banking Group Ltd.
 

JLM

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Nov 27, 2008
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D.J. and Nasdaq already rebounding this morning. You can take a pill and go back to sleep, Flossie!
 

Hoid

Hall of Fame Member
Oct 15, 2017
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It’s been higher and now is a good time to buy.
but even when it was higher you were buying, so you obviously have no idea what you are talking about but it's fun to pretend.
 

Walter

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Jan 28, 2007
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but even when it was higher you were buying, so you obviously have no idea what you are talking about but it's fun to pretend.
I don't buy ETF's, I buy individual stocks when they have a dip in price.
 

Walter

Hall of Fame Member
Jan 28, 2007
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DJIA went into correction, a drop of 10% from its high, at its open today, it has since moved up from its opening valuation. A great opportunity, to buy
 

Hoid

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Oct 15, 2017
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DJIA went into correction, a drop of 10% from its high, at its open today, it has since moved up from its opening valuation. A great opportunity, to buy
I wonder what would constitute an opportunity not to buy?

If it goes down its a buy and if it goes up its a buy.

What's left?
 

Jinentonix

Hall of Fame Member
Sep 6, 2015
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No tweets from President Putin's Hand Puppet?

He loves to take credit when it goes up?

Largest single day loss in history?
First 1,000 point drop ever?

You would think the Human Cheeto would be all over this one.
Funny how it also correlates to more people working and earning higher wages causing concern about inflation. As well, the money isn't disappearing, it's simply being plowed into other securities and investments like T-bills, bonds, etc.

Maybe you should actually try reading articles and learn how the markets operate instead of making asinine comments based on the thread title or the selective quoting done by our resident propagandist.

In a nutshell, the stock market plunged after a better than expected jobs report sent interest rates higher. To put it bluntly and right from the article the flosstard quoted, it wasn't just gains in employment, there was also a gain in overall wages.

You anti-Trumptards f*cking kill me. The Trudeau govt announces big economic gains and higher employment levels. Add that to the increase in minimum wage across most provinces and oh my god, you'd think Trudeau pulled a miracle out of his ass.
But when there's big economic gains in the US with higher employment levels and higher wages Trump gets blamed for the markets reacting to it.
The markets have dropped by more than 500 points 17 times in the last 25 years, not including Friday's decline. And guess what happened every time. Using Kensho, a hedge fund analytics tool, the findings show benchmark market indexes tend to rebound the next day and the next week following such big drops.

The fact that this thread is laughingly titled "US stock market OFFICIALLY crashes" is just more proof that Donald Trump is OFFICIALLY living rent-free in that big empty cavernous space twixt the flosstards ears.
 

Danbones

Hall of Fame Member
Sep 23, 2015
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;)
Then he said he never said buy high...maybe 'cause he was high when he said it.
:)
or he was low because he wasn't.

BTW the american markets are in the green at the moment while the rest of the world is still red.
 
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OpposingDigit

Electoral Member
Aug 27, 2017
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The media keeps telling everyone that "Intelligent" people should just hold tight and ride the wave.

So, who are the dummies selling off their holdings?

Oh! It's those "Stupid" computer algorithms which are owned/operated by the "Dummies" running the trading floors within banking establishments. These computers sort of run/trade on their own and it seems that it is impossible to stop them once they decide to begin selling off stock.

But hold tight, there is always the Plunge Protection Team scooping in for the rescue as what seems apparent today.
https://en.wikipedia.org/wiki/Working_Group_on_Financial_Markets

Nobody wants American bonds anymore because the funds will only be invested into the U.S. military in order to cause destruction and mayhem across the universe. And, because nobody wants American financial instruments, they need to increase the interest rates paid in order to entice purchases of bonds.

We are only into the second month of the year and the U.S. is already projecting a need to borrow a trillion dollars this fiscal year and then top $1 trillion in the next two fiscal years.
https://www.washingtonpost.com/news...-is-set-to-borrow-nearly-1-trillion-this-year

But, not to worry ..... everything is under control.
 
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