DJIA dumps another 500 points thanks to Donald's dumb tariffs

[DrLove]

The small caps don't lie. Thanks Donald -

24,206.96 -475.35 (1.93%)

Markets Now: Dow Drops 400 Points as Small Caps Show It’s All About Tariffs

 

[Remodeling Maidiac]

The small caps don't lie. Thanks Donald -

24,206.96 -475.35 (1.93%)

Markets Now: Dow Drops 400 Points as Small Caps Show It’s All About Tariffs

Crashing today? I thought the tariffs already went into effect. What's today's cause?

 

[saveliberty]

Not unusual for markets to test the lows before moving higher.

 

[S.J.]

Panic selling creates opportunities for smart investors.

 

[Silent Warrior]

So the market drops and the OP blames Trump. When the market rose he didn't credit Trump. Dow when Obumbler left office 19732. Today = +4476.

 

[martybegan]

The small caps don't lie. Thanks Donald -

24,206.96 -475.35 (1.93%)

Markets Now: Dow Drops 400 Points as Small Caps Show It’s All About Tariffs

Correlation does not equal causation.

 

[Defiant1]

Panic selling creates opportunities for smart investors.

What's the smart stock today?

 

[Vandalshandle]

The market is specifically, and directly reacting to Trump's tariff on China rhetoric. We haven't seen anything yet. When he actually does what he says he will do, and China does what they say they will do, the shit will really hit the fan. The only good news will be that it will hit his base, agriculture producers, first.

 

[Toro]

The small caps don't lie. Thanks Donald -

24,206.96 -475.35 (1.93%)

Markets Now: Dow Drops 400 Points as Small Caps Show It’s All About Tariffs

Crashing today? I thought the tariffs already went into effect. What's today's cause?

Trade taxes on an additional $50 billion of Chinese goods.

The market does not like Trump’s trade taxes.

 

[SassyIrishLass]

Panic selling creates opportunities for smart investors.

What's the smart stock today?

Tech is tanking....it will recover

 

[Toro]

So the market drops and the OP blames Trump. When the market rose he didn't credit Trump. Dow when Obumbler left office 19732. Today = +4476.

Trump gets some of the credit for the continuing bull market that began in March 2009.

He gets all the blame when he talks about raising taxes on trade and the market goes down.

 

[RealDave]

The small caps don't lie. Thanks Donald -

24,206.96 -475.35 (1.93%)

Markets Now: Dow Drops 400 Points as Small Caps Show It’s All About Tariffs

Crashing today? I thought the tariffs already went into effect. What's today's cause?

Ha ha ha. You thought Trump did what he said? Funny chit how you people worship that orange turd.

 

[Meathead]

The small caps don't lie. Thanks Donald -

24,206.96 -475.35 (1.93%)

Markets Now: Dow Drops 400 Points as Small Caps Show It’s All About Tariffs

In the "Era of Obama" a 475 drop would be 6% instead of less than 2. You lose again.

 

[Vandalshandle]

I wish Trump would just play golf and continue to concentrate on making the FAA prevent commercial aviation deaths. Those are the only things he has not fucked up.

 

[DrLove]

The small caps don't lie. Thanks Donald -

24,206.96 -475.35 (1.93%)

Markets Now: Dow Drops 400 Points as Small Caps Show It’s All About Tariffs

In the "Era of Obama" a 475 drop would be 6% instead of less than 2. You lose again.

No more like 3% but quite the lame response regardless

 

[S.J.]

Panic selling creates opportunities for smart investors.

What's the smart stock today?

Wait until the panic sellers get done dumping all their stocks (pushing the share prices down), and you'll see all kinds of smart stocks.

 

[S.J.]

Panic selling creates opportunities for smart investors.

What's the smart stock today?

Tech is tanking....it will recover

In general, but still plenty of bargains.

 

[Vandalshandle]

Harley Davidson has dropped from $56 to $42 since Europe announced that they will retaliate against them because of the steel tariffs.

 

[SassyIrishLass]

Harley Davidson has dropped from $56 to $42 since Europe announced that they will retaliate against them because of the steel tariffs.

Harley's problems started long before tariffs....

Summary
Harley-Davidson continues to battle demographic and environmental trends, as well as stiff competition.

Despite the strong brand, Harley's shipments have been concerning for years now.

Expectations have come down a great deal, with shares trading at low-double digit multiples amidst a strong balance sheet (although complicated by the financing business).

If the company can stabilise, there is great upside, and while I do not expect an imminent recovery, value can be found in the low 40s.

Harley-Davidson (NYSE:HOG) continues to be plagued by the shift in demographics and environmental trends. Not only are millennials not as likely to drive a Harley, as it does not fit their lifestyle/hobbies, but the lack of a green aspect/alternative hurts the business as well despite the iconic brand and immense loyalty which is undermined by an ageing customer base.

Despite these concerns, value is apparent amidst very strong margins, low earnings multiples and a rather strong balance sheet, if you account for the financing business.

Harley-Davidson: Starting My Engine - Harley-Davidson, Inc. (NYSE:HOG) | Seeking Alpha

 

[Vandalshandle]

Harley Davidson has dropped from $56 to $42 since Europe announced that they will retaliate against them because of the steel tariffs.

Harley's problems started long before tariffs....

Summary
Harley-Davidson continues to battle demographic and environmental trends, as well as stiff competition.

Despite the strong brand, Harley's shipments have been concerning for years now.

Expectations have come down a great deal, with shares trading at low-double digit multiples amidst a strong balance sheet (although complicated by the financing business).

If the company can stabilise, there is great upside, and while I do not expect an imminent recovery, value can be found in the low 40s.

Harley-Davidson (NYSE:HOG) continues to be plagued by the shift in demographics and environmental trends. Not only are millennials not as likely to drive a Harley, as it does not fit their lifestyle/hobbies, but the lack of a green aspect/alternative hurts the business as well despite the iconic brand and immense loyalty which is undermined by an ageing customer base.

Despite these concerns, value is apparent amidst very strong margins, low earnings multiples and a rather strong balance sheet, if you account for the financing business.

Harley-Davidson: Starting My Engine - Harley-Davidson, Inc. (NYSE:HOG) | Seeking Alpha

The stock drop I quoted took place only in the last month. Looks like Uncle Donny is going to do them n for good. No problem. I drive Kawasaki, anyway.