Just touched 2630 on the S&P.

[MarathonMike]

Bounced up...for now. If program selling kicks in before the close, look out.

 

[ABikerSailor]

1442 CST, 07 Dec 2018, and it is still down around 550 points.

 

[MarathonMike]

Now we see how "firm the floor" is under the S&P 500. 2600 broken and we bounced around the 2580 low for the year before going back up a tad. I still think the Chinese CFO arrest could get ugly. Right now it's a lot of bluster from China trying to scare Canada.

 

[Marion Morrison]

Now we see how "firm the floor" is under the S&P 500. 2600 broken and we bounced around the 2580 low for the year before going back up a tad. I still think the Chinese CFO arrest could get ugly. Right now it's a lot of bluster from China trying to scare Canada.

They can't just detain a foreign national and not say why. Who in the DOJ called for this? They should hang for treason for trying to start WW3.

 

[ABikerSailor]

Well, the stock market dropped sharply after Trump said he would be happy to close down the government.

Tired of "winning" yet?

 

[Indeependent]

Well, the stock market dropped sharply after Trump said he would be happy to close down the government.

Tired of "winning" yet?

No puts?

 

[BlackFlag]

Now we see how "firm the floor" is under the S&P 500. 2600 broken and we bounced around the 2580 low for the year before going back up a tad. I still think the Chinese CFO arrest could get ugly. Right now it's a lot of bluster from China trying to scare Canada.

They can't just detain a foreign national and not say why. Who in the DOJ called for this? They should hang for treason for trying to start WW3.

I liked America being the world’s police more than how now we’re the mafia cover up guy for the world’s criminals.

 

[william the wie]

Well, the stock market dropped sharply after Trump said he would be happy to close down the government.

Tired of "winning" yet?

No puts?

No need I bought the stocks that tend to go up in a downturn: utilities, REITs and specialty banks. Just as importantly their leverage is kept limited by law. Right now we have overleveraged industrials
Utilities are boring
REITs are boring
Royalty Trusts are semi-boring
banks are generally boring

Yeah an Eliot/Kondratiev wave is forming in China, possibly the EU and that will cause a US flight to safety prior to a major, 2000/2008, crash.

 

[MarathonMike]

Aaaaaaaaaaaand we're back to 2600 on the S&P. Very cranky market.