Market Uncertainty causes fear and strong selling seen

[Luckyone]

The tariffs on China, Mexico and Canada that went into effect today have added additional fear and uncertainty to occur, and neither of those are helpful to the market. The Tech industry, which has been the backbone of the uptrend during these past years, has seen a 10% move down over the past 12 days. Leading the way down has been NVDA, which is the leader in the AI industry, and it has dropped 15% during this period of time. Such an event is the perfect example of what is happening.

This has all occurred because of Trump's actions. I am not going to speculate on what is to come, as even the best on Wall Street are lost, but the action seen and the fear and uncertainty generated are going to be a big negative until this all plays out. It curtainly is not going to be "played out" for a few months (at least).

Here is a video in which this is being said

 

[Rambunctious]

The tariffs on China, Mexico and Canada that went into effect today have added additional fear and uncertainty to occur, and neither of those are helpful to the market. The Tech industry, which has been the backbone of uptrend during these past years, has seen a 10% move down over the past 12 days. Leading the way down has been NVDA, which is the leader in the AI industry, has dropped 15% during this period of time. Such an event is the perfect example of what is happening.

This has all occurred because of Trump's action. I am not going to speculate on what is to come, as even the best on Wall Street are lost,

Here is a video in which this is being said

Ummm the market is recovering as we speak....

 

[justoffal]

The tariffs on China, Mexico and Canada that went into effect today have added additional fear and uncertainty to occur, and neither of those are helpful to the market. The Tech industry, which has been the backbone of the uptrend during these past years, has seen a 10% move down over the past 12 days. Leading the way down has been NVDA, which is the leader in the AI industry, and it has dropped 15% during this period of time. Such an event is the perfect example of what is happening.

This has all occurred because of Trump's actions. I am not going to speculate on what is to come, as even the best on Wall Street are lost, but the action seen and the fear and uncertainty generated are going to be a big negative until this all plays out. It curtainly is not going to be "played out" for a few months (at least).

Here is a video in which this is being said

Bitcoin is getting the shit kicked out of it that's for sure.

 

[John Edgar Slow Horses]

Trump is intentionally punishing us all because he lost in 2020.

 

[martybegan]

Ummm the market is recovering as we speak....

Dow and S&P now less than 1% down, and NASDAQ is up just below 1%.

BUT EVERYBODY PANIC!!!!!!!

 

[martybegan]

Trump is intentionally punishing us all because he lost in 2020.

Punishing us by having the NASDAQ be up right now a little less than 1%?

 

[John Edgar Slow Horses]

Dow is down over 400 for two days, NASDAQ somewhat better.

Let's see what tomorrow brings.

 

[martybegan]

Dow is down over 400 for two days, NASDAQ somewhat better.

Let's see what tomorrow brings.

and what percentage is that?

 

[airplanemechanic]

I'm buying like crazy right now. It's a buyers market.

 

[John Edgar Slow Horses]

and what percentage is that?

The long haul will tell. It is a rocky start, yes.

 

[John Edgar Slow Horses]

I'm buying like crazy right now. It's a buyers market.

My broker has been instructed the same and to look for the long haul.

Some of us will do exceptionally will.

 

[martybegan]

The long haul will tell. It is a rocky start, yes.

And yet you twats are all up in the shit with these PANIC PANIC PANIC posts.

 

[John Edgar Slow Horses]

And yet you twats are all up in the shit with these PANIC PANIC PANIC posts.

Why are you going full fascist?

 

[Luckyone]

Ummm the market is recovering as we speak....

This is all computer and algorithm buying that is happening.

Computers and algorithms are set to be buyers or sellers when certain areas in the chart are hit.

Below is the daily chart of the NASDAQ100 index. You will notice a blue line that is there. That blue line represents the 200-day MA, which is a chart indicator that automatically generates buying by the computers (70% of all trading in the market). As you can see by the chart, that line has been hit by the index on 3 different occasions and each time it generated a buy by the computers, and the trend continued higher.

I expected this to happen this week (put it in my newsletter on Sunday). Having said that, the markets ultimately move on the fundamentals and when those come out, what the computers and algorithms did can go out the window.

The news that happened today is not something that is yet "tangibly" negative, so the computers stepped in. Nonetheless on Friday, the Jobs report comes out (always a potentially big catalyst) and next week, the inflation report comes out on Wednesday, and that is another possibly fundamental catalyst.

For now, this bounce will likely continue tomorrow and Thursday and then news comes out and that could help or damage this rally.

 

[Luckyone]

I'm buying like crazy right now. It's a buyers market.

I suggest you look at the post I just put up #14. It will give you some good knowledge

 

[airplanemechanic]

I suggest you look at the post I just put up #14. It will give you some good knowledge

Yep, caused partially by computers. And when the markets go low, you buy.

 

[martybegan]

Why are you going full fascist?

Maybe learn what a word means before using it.

To you idiots, everyone to the right of Mitt Romney is a "fascist"

 

[Luckyone]

Yep, caused partially by computers. And when the markets go low, you buy.

Today is mostly computers.

Having said that, you need to be very careful. Almost all economists have stated that Trump putting into place his agenda is going to bring inflation and economic upheaval. That will not help the market go higher.

If and when what Trump is doing helps, it is not something that will be known for months or perhaps even years. You say buy low, how do you know that this is low? Just because it has come down recently does not mean it cannot go much lower. You do know what the word "trend" means, don't you? This market has been in an uptrend for 15 years (normal is 5 years). If this turns out to be simply a correction, it can be as much as 20% and that means that you are halfway down to a "low" price. Are you willing to lose 50% of your money on paper?

If this is a trend change, which is certainly a good possibility as big changes are occurring that have no guarantees of working out, you could be in a situation where you could lose most of the money you invest.

Here, for example is what could happen. 15 years ago, AMZN was trading at $6 and it is now at $203. Nonetheless, it is down from the all-time high at $243, so it can be said it is at a "low" price. Then again, if the market gets into a downtrend, it could easily drop down to $100. Are you willing to buy here and take that much of a drop in price?

 

[airplanemechanic]

Today is mostly computers.

Having said that, you need to be very careful. Almost all economists have stated that Trump putting into place his agenda is going to bring inflation and economic upheaval. That will not help the market go higher.

If and when what Trump is doing helps, it is not something that will be known for months or perhaps even years. You say buy low, how do you know that this is low? Just because it has come down recently does not mean it cannot go much lower. You do know what the word "trend" means, don't you? This market has been in an uptrend for years (normal is 5 years). If this turns out to be simply a correction, it can be as much as 20% and that means that you are halfway down to a "low" price. Are you willing to lose 50% of your money on paper?

If this is a trend change, which is certainly a good possibility and big changes are occurring that have no guarantees of working out, you could be in a situation where you could lose most of the money you invest.

Here, for example is what could happen. 15 years ago, AMZN was trading at $6 and it is now at $203. Nonetheless, it is down from the all-time high at $243, so it can be said it is at a "low" price. Then again, if the market gets into a downtrend, it could easily drop down to $100. Are you willing to buy here and take that much of a drop in price?

The markets went up under Biden, even with 9% inflation.

 

[Luckyone]

The markets went up under Biden, even with 9% inflation.

Don't say I didn't warn you.

You are on your own.

By the way, in the last few minutes, the market has turned back down and is near the lows.