Stocks Take Worst Losses Since 1987

They need to shutdown the stock markets until next Monday.

They likely will in the next couple of days. Honestly, I thought it would be closed today.

Bank holiday is definitely coming.

The chickens are coming home to roost.

They aren't ready to hear about a "bank holiday".
Market circuit breakers which are set by the exchanges help to stabilize a market so when there is major market fall, traders anxious to clear their position do not add to the collapse. For example, if the price of the Standard & Poor 500 index falls 7% from the previous close, trading of all stocks on the two major U.S. stock exchanges – the New York Stock Exchange and the NASDAQ is suspended for 15 minutes. If it drops an additional 6%, trading halts for another 15 minutes. If the S&P 500 drops a further 7% – for a total drop of 20% then trading ceases for the day.

If the market is closed too long, it can give the signal that American markets are not free of government intervention and that they are unreliable. In general, investors prefer the market is open during major falls so they know at all times the value of their portfolio.
With the GM bailout, quantitative easing, etc... I think the cat may be out of the bag as to government intervention.


While temporary halts to trading gives market participants time to parse information and make more levelheaded decisions, a shutdown could cause real damage to U.S. investments in the long run if they’re seen as less of a haven to global investors.

Possible. Long run considerations are great. But someone who is losing $10-50K of their retirement at the age of 58 is probably not too worried about what the Sultan of Brunei is doing with his portfolio.
 
Cause? None. The response has been confused and disorganized

So you've got nothing but hate and vitriol for President Trump who has been ahead of the curve on this from day one.

Published February 1, 2020
China slams Trump's coronavirus travel limits: 'Not a gesture of goodwill'
By Joe McDonald, Sam McNeil | Associated Press
[...]
On Friday, the United States declared a public health emergency and President Donald Trump signed an order barring entry to foreign nationals, other than immediate family of American citizens and permanent residents, who visited China within the last 14 days, which scientists say is the virus’s longest incubation period.

'Unfriendly comments'
China criticized the U.S. controls, which it said contradicted the WHO’s appeal to avoid travel bans, and “unfriendly comments” that Beijing was failing to cooperate.

“Just as the WHO recommended against travel restrictions, the U.S. rushed to go in the opposite way. Certainly not a gesture of goodwill,” said foreign ministry spokeswoman Hua Chunying.

WHO Secretary-General Tedros Adhanom Ghebreyesus said in Geneva that despite the emergency declaration, there is “no reason for measures that unnecessarily interfere with international travel and trade.”
[...]
China slams Trump's coronavirus travel limits: 'Not a gesture of goodwill'

After telling people to socially distance themselves, your blob caused this.
View attachment 312880

The response has been terrible
You wish the response was terrible but it wasn't and it isn't...you post one stupid picture and you are ready to call the response a failure...the persons that failed were your educators....

The miles of empty shelves and the complete absence of FEMA speaks for itself as well. As does the stock market which is plummeting faster than a falling rock..
FEMA is not going to restock your market shelves...call the manager....They are not running out of TP they were not ready for the rapid hoarding you cowards are doing when you scare your own snowflake asses over pictures on your phones.....they should take away all of your stupid phones....bunch of cowards....

Someone can't read.
 
There are tons of deals out there...look at how low the energy sector is...if you are not researching a purchase or two you are not thinking....

Specifics? Name the stocks you’d go long right now.
Home Depot and Apple are both good individual gambles if you don't like energy stocks....

Whatever you pay for them tomorrow, I will buy them for less in the future.
When it starts back up it will climb so fast you will lose more than you think you are saving by waiting....
I could not have said that better. For over 50 years I have been in the market, always hoping to pick a market top or bottom and have never done so. Today it is even harder than ever because markets move so fast. Just as the DOW fell 3,000 today, a change could occur tomorrow and the market could go up 3,000 and another thousand or so the next day. While you're trying to decide what the fuck is happening, you are 5,000 points off that bottom. The only sure way to beat the market is buy it down. Once the stocks are at bargain level, you start buying and continue buying as they fall. You might have to wait a year or so or longer but the odds are you will make a substantial profit.

Thats fine for individual investors who have a brokerage account, buy individual stocks, wash, rinse, repeat. Great.

If you're investing in your 401k through payroll deduction in many if not most cases, you are only given a group of mutual funds to in which to invest and you don't have the luxury of pointing all of your money to a specific company or in some cases, individual industry. I imagine whatever company gets the patent on the vaccine will have a good year stock wise and those who have capital to invest can feast on their success as well. You don't always get the chance when you're not in that position.

Heaven help you if you work at a place (as I did) where the employer offered you the choice of investing in the 401k and/or (I don't recall) buying corporation stock and they would match your investment to a certain percentage. A lot of people took the match and are probably losing their shirt right now.
 
Rubbish. There aren't any losses until equity prices fall below their real values, which in terms of the real economy is a DOW around 15,000 to 18,000 tops. Fake and hyper-inflated equity valuations can't lose value they never had in the first place. Speculators will just lose what they gambled, and no one need care about their losses, they never earned the gains in the first place, either. They added less than zero to the returns and values.
 
Specifically, what did President Donald Trump do to cause this situation? Smuggle the virus into Wuhan, China?
Cause? None. The response has been confused and disorganized

So you've got nothing but hate and vitriol for President Trump who has been ahead of the curve on this from day one.

Published February 1, 2020
China slams Trump's coronavirus travel limits: 'Not a gesture of goodwill'
By Joe McDonald, Sam McNeil | Associated Press
[...]
On Friday, the United States declared a public health emergency and President Donald Trump signed an order barring entry to foreign nationals, other than immediate family of American citizens and permanent residents, who visited China within the last 14 days, which scientists say is the virus’s longest incubation period.

'Unfriendly comments'
China criticized the U.S. controls, which it said contradicted the WHO’s appeal to avoid travel bans, and “unfriendly comments” that Beijing was failing to cooperate.

“Just as the WHO recommended against travel restrictions, the U.S. rushed to go in the opposite way. Certainly not a gesture of goodwill,” said foreign ministry spokeswoman Hua Chunying.

WHO Secretary-General Tedros Adhanom Ghebreyesus said in Geneva that despite the emergency declaration, there is “no reason for measures that unnecessarily interfere with international travel and trade.”
[...]
China slams Trump's coronavirus travel limits: 'Not a gesture of goodwill'

After telling people to socially distance themselves, your blob caused this.
View attachment 312880

The response has been terrible

Yet you want these idiots to take over healthcare......

:rofl:

The Blob can't run a casino...he's really messing up the response. Good to see you're finally calling your lord and master an idiot.

He's no ones lord and master, except maybe yours.

The truth is, he is one imperfect man doing the best his can with a dysfunctional, broken, bloated bureaucracy that both parties have built. Blaming him for everything bad in government is something a retarded child does.
 
Cause? None. The response has been confused and disorganized

So you've got nothing but hate and vitriol for President Trump who has been ahead of the curve on this from day one.

Published February 1, 2020
China slams Trump's coronavirus travel limits: 'Not a gesture of goodwill'
By Joe McDonald, Sam McNeil | Associated Press
[...]
On Friday, the United States declared a public health emergency and President Donald Trump signed an order barring entry to foreign nationals, other than immediate family of American citizens and permanent residents, who visited China within the last 14 days, which scientists say is the virus’s longest incubation period.

'Unfriendly comments'
China criticized the U.S. controls, which it said contradicted the WHO’s appeal to avoid travel bans, and “unfriendly comments” that Beijing was failing to cooperate.

“Just as the WHO recommended against travel restrictions, the U.S. rushed to go in the opposite way. Certainly not a gesture of goodwill,” said foreign ministry spokeswoman Hua Chunying.

WHO Secretary-General Tedros Adhanom Ghebreyesus said in Geneva that despite the emergency declaration, there is “no reason for measures that unnecessarily interfere with international travel and trade.”
[...]
China slams Trump's coronavirus travel limits: 'Not a gesture of goodwill'

After telling people to socially distance themselves, your blob caused this.
View attachment 312880

The response has been terrible

Yet you want these idiots to take over healthcare......

:rofl:

The Blob can't run a casino...he's really messing up the response. Good to see you're finally calling your lord and master an idiot.

He's no ones lord and master, except maybe yours.

The truth is, he is one imperfect man doing the best his can with a dysfunctional, broken, bloated bureaucracy that both parties have built. Blaming him for everything bad in government is something a retarded child does.

And when he's gone the GOP is back to nothing, since the votes that put Trump over the top were also sending the RNC a message as well. They go back to pushing Jeb or lil Mario off on their base the Dems could elect Fidel Castro for the White House.
 
Stocks took their steepest losses since the 1987 market crash on Monday as the Dow Jones Industrial Average plunged almost 3,000 points, marking the second-worst day in its history.

The Dow plummeted by 2,997 points Monday for a loss of 12.9 percent, the steepest drop by points and its second-steepest drop by percentage in the index's history. The Dow's drop shattered records set on March 12, when the average sunk 2,352 points for a loss of 10 percent.

The S&P 500 and Nasdaq composite plunged roughly 12 percent and 12.3 percent, respectively.

Stocks take worst losses since 1987 crash as Dow plunges nearly 3,000 points

1929, 1987, 2008, 2020. Worse recessions in country. All under Republicans.


No ones voting for your mentally challenged deep state puppet joe biden ya fuckin leftwing moronic asswipe....I'm well over high 6 figures off ....and dont care
I hope it tanks some more
Buying opportunities approaching rapidly
 
Stocks took their steepest losses since the 1987 market crash on Monday as the Dow Jones Industrial Average plunged almost 3,000 points, marking the second-worst day in its history.

The Dow plummeted by 2,997 points Monday for a loss of 12.9 percent, the steepest drop by points and its second-steepest drop by percentage in the index's history. The Dow's drop shattered records set on March 12, when the average sunk 2,352 points for a loss of 10 percent.

The S&P 500 and Nasdaq composite plunged roughly 12 percent and 12.3 percent, respectively.

Stocks take worst losses since 1987 crash as Dow plunges nearly 3,000 points

1929, 1987, 2008, 2020. Worse recessions in country. All under Republicans.


No ones voting for your mentally challenged deep state puppet joe biden ya fuckin leftwing moronic asswipe....I'm well over high 6 figures off ....and dont care
I hope it tanks some more
Buying opportunities approaching rapidly
Mentally challenged ?? The scum trump .his family, his cowardly senate ,and his POS that support him
 
Stocks took their steepest losses since the 1987 market crash on Monday as the Dow Jones Industrial Average plunged almost 3,000 points, marking the second-worst day in its history.

The Dow plummeted by 2,997 points Monday for a loss of 12.9 percent, the steepest drop by points and its second-steepest drop by percentage in the index's history. The Dow's drop shattered records set on March 12, when the average sunk 2,352 points for a loss of 10 percent.

The S&P 500 and Nasdaq composite plunged roughly 12 percent and 12.3 percent, respectively.

Stocks take worst losses since 1987 crash as Dow plunges nearly 3,000 points

1929, 1987, 2008, 2020. Worse recessions in country. All under Republicans.


No ones voting for your mentally challenged deep state puppet joe biden ya fuckin leftwing moronic asswipe....I'm well over high 6 figures off ....and dont care
I hope it tanks some more
Buying opportunities approaching rapidly
Mentally challenged ?? The scum trump .his family, his cowardly senate ,and his POS that support him


Wot lol
 
The miles of empty shelves and the complete absence of FEMA speaks for itself as well. As does the stock market which is plummeting faster than a falling rock..

So...share with us what FEMA has to do with people hoarding toilet paper?

What does President Donald Trump have to do with a WORLD in a biological crisis and ours is both the best prepared and has done what needed to be done, in SPITE of the United Nations and Democrats.
 
Sure you have...LOL.


The fact of the matter remains that the Blob’s CDC tells Americans to socially distance themselves and then the Blob’s FAA makes Americans who just flew in from overseas stand shoulder to shoulder for hours at many airports. This is a confused and disorganized response created by your incompetent Blob.

I was a pre-teen when we moved from Chicago in 1954. I have relatives living there today. I was active in my professional association for over 40 years. Our headquarters are in Chicago, legislative office in Washington DC and our state Association in Orlando, FL. In addition to being a Realtor, I was a professional speaker and worked for them as an instructor as well.

You only WANT it to be confused and disorganized. This comes as a shock to you but those same passengers FLEW into O'Hare on THE SAME PLANE...SHOULDER TO SHOULDER.

It is sad that you make such a feeble effort to disparage a president simply because he is doing a great job and that hurts you.


Here is DFW's detention camp:

virus-outbreak-1_wide-b2180bdaa8e3f878574fd02eb1cfc9a2a49fed8a.jpg


Oh wait..it is an airport.

So-what-S.jpg


This comes as a shock to you but those same passengers FLEW into O'Hare on THE SAME PLANE...SHOULDER TO SHOULDER.

It is sad that you make such a feeble effort to disparage a president simply because he is doing a great job and that hurts you.
 
Mentally challenged ?? The scum trump .his family, his cowardly senate ,and his POS that support him

Yes, mentally challenged. BOTH candidates. During the first few minutes of the debate, Joe Biden referred to the Coronavirus as the Swine Flu, H1N1, and Bernie Sanders called it Ebola.

You have the blind leading the blind as the very best that the Democrats have to offer our country.

Biden_Sanders-X4.jpg
 
Anyone noticed Dems are celebrating.
No one is celebrating asshole.

We ALL get hurt by this

Lib please its so obvious you people can barely contain your glee.
You're talking as if Trump has no chance because of the virus. The fact is he certain does have a good chance of winning if he can turned things around and democrats fail to grasp opportunities. Right now Trump is at the mercy of the virus. If the measures that the nation has taken works and in a few months, restrictions are lifted, and the market rebounds, Trump could be on top. Trump would have his rallies back with that shit eating grin on his face, lying his ass off. However, if it goes the other way and in the fall we are in the middle of a recession, people are still dying from the virus, he may well be toast. My point is that politically, it could go either way. In the fall, Trump could be boasting of how he has defeated the virus or he could trying to blame his failures on democrats.
 
They need to shutdown the stock markets until next Monday.

They likely will in the next couple of days. Honestly, I thought it would be closed today.

Bank holiday is definitely coming.

The chickens are coming home to roost.

They aren't ready to hear about a "bank holiday".
Market circuit breakers which are set by the exchanges help to stabilize a market so when there is major market fall, traders anxious to clear their position do not add to the collapse. For example, if the price of the Standard & Poor 500 index falls 7% from the previous close, trading of all stocks on the two major U.S. stock exchanges – the New York Stock Exchange and the NASDAQ is suspended for 15 minutes. If it drops an additional 6%, trading halts for another 15 minutes. If the S&P 500 drops a further 7% – for a total drop of 20% then trading ceases for the day.

If the market is closed too long, it can give the signal that American markets are not free of government intervention and that they are unreliable. In general, investors prefer the market is open during major falls so they know at all times the value of their portfolio.
With the GM bailout, quantitative easing, etc... I think the cat may be out of the bag as to government intervention.


While temporary halts to trading gives market participants time to parse information and make more levelheaded decisions, a shutdown could cause real damage to U.S. investments in the long run if they’re seen as less of a haven to global investors.

Possible. Long run considerations are great. But someone who is losing $10-50K of their retirement at the age of 58 is probably not too worried about what the Sultan of Brunei is doing with his portfolio.
You simple can not operate a free market based on protecting people's profits. People are selling short and making money out this market fall just as someone else is loosing money because they are long on the market. Loses and profits should be irrelevant to the operation of a market because no one wants to risk their money when the game is rigged in order to protect the interest of some while penalizes other.
 
Cause? None. The response has been confused and disorganized

So you've got nothing but hate and vitriol for President Trump who has been ahead of the curve on this from day one.

Published February 1, 2020
China slams Trump's coronavirus travel limits: 'Not a gesture of goodwill'
By Joe McDonald, Sam McNeil | Associated Press
[...]
On Friday, the United States declared a public health emergency and President Donald Trump signed an order barring entry to foreign nationals, other than immediate family of American citizens and permanent residents, who visited China within the last 14 days, which scientists say is the virus’s longest incubation period.

'Unfriendly comments'
China criticized the U.S. controls, which it said contradicted the WHO’s appeal to avoid travel bans, and “unfriendly comments” that Beijing was failing to cooperate.

“Just as the WHO recommended against travel restrictions, the U.S. rushed to go in the opposite way. Certainly not a gesture of goodwill,” said foreign ministry spokeswoman Hua Chunying.

WHO Secretary-General Tedros Adhanom Ghebreyesus said in Geneva that despite the emergency declaration, there is “no reason for measures that unnecessarily interfere with international travel and trade.”
[...]
China slams Trump's coronavirus travel limits: 'Not a gesture of goodwill'

After telling people to socially distance themselves, your blob caused this.
View attachment 312880

The response has been terrible

Yet you want these idiots to take over healthcare......

:rofl:

The Blob can't run a casino...he's really messing up the response. Good to see you're finally calling your lord and master an idiot.

He's no ones lord and master, except maybe yours.

The truth is, he is one imperfect man doing the best his can with a dysfunctional, broken, bloated bureaucracy that both parties have built. Blaming him for everything bad in government is something a retarded child does.

Gee, if he could only "hire the best people" to fix the government he's leading. Being hopelessly incompetent is probably a handicap. The truth is that your blob is simply not up to the job. He'd probably be the first to tell you.
 
The miles of empty shelves and the complete absence of FEMA speaks for itself as well. As does the stock market which is plummeting faster than a falling rock..

So...share with us what FEMA has to do with people hoarding toilet paper?

What does President Donald Trump have to do with a WORLD in a biological crisis and ours is both the best prepared and has done what needed to be done, in SPITE of the United Nations and Democrats.

Oh brother....you're the one thinking that it has to do with toilet paper doofus.

FEMA could be handing out water...for one thing. The local governments routinely determine what are called "food desserts" FEMA could be doing a lot of goods where the outbreak overlaps with the shortages of food. Or any number of other applications. Where are they?
 
You’re nuts! This market hasn’t hit bottom. Whatever you are thinking about buying now that has dropped 20-30% already will be cheaper in the future. There are a few, very few long opportunities right now. The economic effects haven’t even been felt. Wait until some of these highly leveraged companies start filing bankruptcy.

What buying opportunities do you see? Blue Apron? It was up over 50% today.
There are tons of deals out there...look at how low the energy sector is...if you are not researching a purchase or two you are not thinking....
View attachment 312865
I've got blood flow.
Look at Home depot with spring just around the corner....

go for it. I’ll buy it later for less.
I set a low buy in price...when it hits that amount my manager will buy as directed....

Home Depot and Apple, huh. Apple has supply chain problems and a customer who just lost a whole bunch of discretionary cash, so no thanks. Same for Home Depot. There margins are not in lumber. They are in the DISCRETIONARY purchase like appliances, paint and tools. Again, no thanks.
 
Sure you have...LOL.


The fact of the matter remains that the Blob’s CDC tells Americans to socially distance themselves and then the Blob’s FAA makes Americans who just flew in from overseas stand shoulder to shoulder for hours at many airports. This is a confused and disorganized response created by your incompetent Blob.

I was a pre-teen when we moved from Chicago in 1954. I have relatives living there today. I was active in my professional association for over 40 years. Our headquarters are in Chicago, legislative office in Washington DC and our state Association in Orlando, FL. In addition to being a Realtor, I was a professional speaker and worked for them as an instructor as well.

You only WANT it to be confused and disorganized. This comes as a shock to you but those same passengers FLEW into O'Hare on THE SAME PLANE...SHOULDER TO SHOULDER.

It is sad that you make such a feeble effort to disparage a president simply because he is doing a great job and that hurts you.


Here is DFW's detention camp:

virus-outbreak-1_wide-b2180bdaa8e3f878574fd02eb1cfc9a2a49fed8a.jpg


Oh wait..it is an airport.

So-what-S.jpg


This comes as a shock to you but those same passengers FLEW into O'Hare on THE SAME PLANE...SHOULDER TO SHOULDER.

It is sad that you make such a feeble effort to disparage a president simply because he is doing a great job and that hurts you.

Again, someone who travels should understand that the US Government cannot legislate how KAL, Lufthansa or BA run their planes. It can allow them to land in more than 12 air ports, have the security, medical, and logistical means to deal with the influx of passengers.

I don't know if you're just pretending to be dense or are actually this brazenly stupid.

The CDC--that your blob runs--says practice social distancing.
The FAA--that your blob runs--then packs airports shoulder to shoulder with passengers.

Someone from Mars who looks at your blob would determine rather quickly that he screwed up the response by having two organizations that he runs prescribe one remedy and then perform actions that do the exact opposite.
 
Great example of why using the stock market as your sole source of retirement security is a fool's errand

This is twice in 12 years.
We experience a bear market every 7 years on average.
A. This is a bit more than a Bear Market

B. Exactly why putting all your retirement eggs in the SM basket is a really bad idea.

We NEED Social Security to be available and healthy


I don’t think so. Had I invested everything taken from me over my lifetime for SS in the stock market I would be a millionaire from that source alone now. And it would be my kids when I die...not the property of the government.
 

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