Market Uncertainty causes fear and strong selling seen

[airplanemechanic]

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.

Dow Jones Today: Stocks Rebound From Lows as Investors Digest News on Tariffs; Nvidia Pushes Nasdaq Higher

Stocks were mixed in late trading Tuesday as businesses and investors assessed the impact of newly imposed U.S. tariffs against leading trade partners.

www.investopedia.com

Stocks Rebound From Lows as Investors Digest News on Tariffs; Nvidia Pushes Nasdaq Higher​

It's a temporary shock to the system. Once people see nothing is happening, stocks will shoot back up and I'll be riding that gravy train.

 

[Zincwarrior]

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

Down 670

 

[Rambunctious]

Down 670

It was down over 700 came back to down 275 when I posted my post... if its back down its not as low as it was this morning... people over react and then the deal seekers come in and buy... so by tomorrow at the close the market will be up....

 

[Zincwarrior]

It was down over 700 came back to down 275 when I posted my post... if its back down its not as low as it was this morning... people over react and then the deal seekers come in and buy... so by tomorrow at the close the market will be up....

Its down 1,300 points in two days.

 

[Luckyone]

Dow Jones Today: Stocks Rebound From Lows as Investors Digest News on Tariffs; Nvidia Pushes Nasdaq Higher

Stocks were mixed in late trading Tuesday as businesses and investors assessed the impact of newly imposed U.S. tariffs against leading trade partners.

www.investopedia.com

Stocks Rebound From Lows as Investors Digest News on Tariffs; Nvidia Pushes Nasdaq Higher​

It's a temporary shock to the system. Once people see nothing is happening, stocks will shoot back up and I'll be riding that gravy train.

Look and for your information.

I have been analyzing the stock market for 48 years and was OFFICIALY one of the technical chart analysts for Merrill Lynch and Pru-Bache for 4 years back in the 80's.

Do not send me articles about comments on the stock market as I was one of the best doing that in the 80's . Sincee 2007, I have been trading my own account (and living off of it) and I have been consistently successful. I am the one analyzing "technically" the stock market and my comments are more knowledgeable than 95% of other analyst's comments.

Again, don't say that I did not warn you about "being aggressive buying at these levels". I am NOT saying that the market won't go up, given that most everyone (including myself) is uncertain and in disarray with Trump's actions and what they will mean to the market and to the nation.

This is NOT the time to be aggressive as the risk to reward ratio is not good. I personally believe that the "probabilities" favor the bears. We will see what happens. We will get a good hint next week after the CPI (inflation) report comes out and the Fed decides what it is going to do.

 

[Luckyone]

It was down over 700 came back to down 275 when I posted my post... if its back down its not as low as it was this morning... people over react and then the deal seekers come in and buy... so by tomorrow at the close the market will be up....

Here is the comment I just sent to the subscribers to my service, about today's action.

Another wild day that seemed was turning around but then in the last 30 minutes gave 50% (or more) of the gains back. The SPX and the NAZ closed in the lower half of the day's trading range and further downside is likely to be seen tomorrow. The NAZ closed exactly in the middle of the trading range, so it is a flip of a coin as to what it will do tomorrow.

A couple of things to mention:

1) the NAZ broke the 200-day MA but closed above it. If the index gets above today's high tomorrow, it will become a successful retest of the line.
2) the SPX got within 7 points of the 200-day MA, currently at 5725 (low today was 5732) and is likely to hit the line tomorrow
3) the DOW closed the gap at 42544 and is also likely targeting the 200-day MA, which is at 41868. Strong, established and pivotal intraweek support is at 41844 (680 points lower than today's close).

It is now likely that the traders will trade around these levels until Friday, when the Jobs report comes out. By the same token, I do not see these levels breaking until that report comes out, and then only if the report is negative.

 

[d0gbreath]

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

And we deserve it because we cheated and rigged a hoax election, that he's never been able to comprehend that he lost.

 

[John Edgar Slow Horses]

Maybe learn what a word means before using it.

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

You fit the fascist definition on the right wing side.

 

[Captain Caveman]

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

To stop disinformation -

The Trump sell-off has begun

‘Big tech’ is replacing finance as the bogeyman of today’s business landscape as their stock valuations tumble

www.telegraph.co.uk

 

[Rambunctious]

And we deserve it because we cheated and rigged a hoax election, that he's never been able to comprehend that he lost.

.....

 

[John Edgar Slow Horses]

It's true, Rambunctious. And the leader of the GOP is absolutely untrustworthy. It's simple: anyone who cheats their customers, vendors, or business partners will cheat you too. Someone who betrays their own spouse will betray you. And if someone lies constantly, they'll lie to you as well. Wake up.

 

[martybegan]

You fit the fascist definition on the right wing side.

Not even close.

 

[Mac1958]

In 2018, Trump's trade war sunk the market about 20% and ignited an extended manufacting recession.

This time, with DOGE wreaking havoc and international issues weighing in, the market is getting an even larger does of what it hates the most: Uncertainty.

But fortunately, none of that means shit. There are too many currents that can affect things and Trump can completely change his mind on the slightest whim, so there's just no way to know with certainty where the market and economy are headed. As usual.

 

[John Edgar Slow Horses]

Not even close.

There you are, next to Homan and Patel and Vance.

 

[martybegan]

There you are, next to Homan and Patel and Vance.

Ok there chicken little/humpty dumpty/don quixote.

 

[John Edgar Slow Horses]

Ok there chicken little/humpty dumpty/don quixote.

You are on SS, yes? Start thinking.

 

[80zephyr]

Almost all economists have stated that Trump putting into place his agenda is going to bring inflation and economic upheaval.

They said the same thing about this guy. How Did 108 Economists Predict Milei's Results Exactly Wrong? | The Daily Economy

 

[martybegan]

You are on SS, yes? Start thinking.

Not close. at least two decades away.

And I have a sizable 401k that will be my primary retirement.

 

[John Edgar Slow Horses]

Not close. at least two decades away.

And I have a sizable 401k that will be my primary retirement.

You are 76. OK, you are a liar.

 

[martybegan]

You are 76. OK, you are a liar.

Believe what you want, poseur.