O....M....G....DJIA Hits 50,000 Another huge win for Trump

[citygator]

Dow closes in correction, S&P logs longest weekly losing streak in four years and oil settles at Iran-war highs

New York (CNN) — US stocks slid and the Dow closed in correction Friday as uncertainty about the duration of the war with Iran and nerves about energy inflation continued

www.waaytv.com

The Dow and S&P 500 have dropped for five weeks in a row, posting their worst streak of consecutive weekly losses in almost four years.

“It’s not surprising for the Nasdaq to be entering correction territory sooner than the broader S&P 500, as the tech sector was facing pressure even before the Iran war began on worries about high valuations in the space and questions about AI’s return on investment,” Smith said.

CNN’s Fear and Greed index hovered in “extreme fear” and hit its lowest level since November. Meanwhile, bitcoin had a rough day: The cryptocurrency dropped 3.6%, trading around $66,000.

 

[jacksonlamb]

I know $5000 can seem like a lot when you have $50K in the market, particularly when it took perhaps decades to accumulate it.
What I advise people in your boat is to ride it out if at all possible, but if it causing you so much angst that you aren't sleeping, then I would advise pulling it, taking the capital loss, and going for a money market or CD. $5K is a small price to pay for your health.

No, you are not. You have probably have 5% left of what you made up to today for the year.

Trump is going to put us and the rest of the world if this war goes on more than another month.

There is no golden lining here at all.

We have the resources to carry on as we did last year without missing step.

I doubt 75% of our fellow citizens are in that situation.

 

[Mashmont]

2% now
Great job….. I think not


I’m in your head I see.

It just sounds like you guys are stressing a lot. The stock market isn't for everybody.

 

[Mashmont]

Market has lost nearly $10 trillion dollars. I am sure you have your whole life savings in one industry. If you do you are broke as shit and have just some play money that doesnt matter. If you dont, then you are out some equity like millions of people.

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I've repeatedly said how I've done it. I can mentor people on what to do all day, but it does no good if you aren't in the frame of mind to listen.

 

[jacksonlamb]

It just sounds like you guys are stressing a lot. The stock market isn't for everybody.

That is a fact. If you don't know when to "lift on the bronc rein", it is not for you.

The market is a lot like the rodeo. It is not for everybody. You have to learn to dance with the horse rather than fight it.

 

[Mashmont]

Dow closes in correction, S&P logs longest weekly losing streak in four years and oil settles at Iran-war highs

New York (CNN) — US stocks slid and the Dow closed in correction Friday as uncertainty about the duration of the war with Iran and nerves about energy inflation continued

www.waaytv.com

The Dow and S&P 500 have dropped for five weeks in a row, posting their worst streak of consecutive weekly losses in almost four years.

“It’s not surprising for the Nasdaq to be entering correction territory sooner than the broader S&P 500, as the tech sector was facing pressure even before the Iran war began on worries about high valuations in the space and questions about AI’s return on investment,” Smith said.

CNN’s Fear and Greed index hovered in “extreme fear” and hit its lowest level since November. Meanwhile, bitcoin had a rough day: The cryptocurrency dropped 3.6%, trading around $66,000.

"Woe is me".
Jeez. Every day you remind me why I never hire negative people.

 

[Mashmont]

That is a fact. If you don't know when to "lift the rein", it is not for you.

Some people can't handle even the smallest speed bump. I've seen it over and over. But if you can't handle a little 10% dip, it's time to get out.

 

[jacksonlamb]

Some people can't handle even the smallest speed bump. I've seen it over and over. I tell them to get out.

I agree. If you don't know when to "lift on the bronc rein", invest in property.

 

[citygator]

"Woe is me".
Jeez. Every day you remind me why I never hire negative people.

I dont hire idiots who are wrong about everything:

 

[Mashmont]

I dont hire idiots who are wrong about everything:

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Do you really panic at a 10% hiccup?

This is why you don't have money, amigo.

 

[Zincwarrior]

For the life of me I cannot conceive a political upside of that action... Maybe they hate their jobs and the GOP wants to get thrown out of office?

Agreed. Its just a personal snit now. When Trump is the sane one we are in a world of hurt
.

 

[Slade3200]

I've repeatedly said how I've done it. I can mentor people on what to do all day, but it does no good if you aren't in the frame of mind to listen.

Did you hold your positions or sell before Trump tanked the economy?

Some people can't handle even the smallest speed bump. I've seen it over and over. But if you can't handle a little 10% dip, it's time to get out.

bro. You started the thread praising Trump for a star k market rise that was in the same plane as Obama and Biden had their economies rising. When Biden was dealing with the COVID after effects yall blamed inflation and gas and everything else on him. Now Trump comes in and crashes the economy with tariffs and a war. It’s no big deal?! What a joke

 

[Mashmont]

Did you hold your positions or sell before Trump tanked the economy?

bro. You started the thread praising Trump for a star k market rise that was in the same plane as Obama and Biden had their economies rising. When Biden was dealing with the COVID after effects yall blamed inflation and gas and everything else on him. Now Trump comes in and crashes the economy with tariffs and a war. It’s no big deal?! What a joke

You really think 10% is a crash? You don’t understand as soon as the war is over and the strait is open that oil prices flies go right back down and thr DJIA goes back up?

 

[Slade3200]

You really think 10% is a crash? You don’t understand as soon as the war is over and the strait is open that oil prices flies go right back down and thr DJIA goes back up?

My bad. I’m not an expert like yourself. What is your threshold for a crash?