Stock Market DIVE A Mirage

[danielpalos]

I looked a half hour ago and the drop was around 1.5% of market value. It's not as if large, continuous drops or gains aren't noteworthy if there's a fundamental problem like derivatives. I was with both Lehman and Bear Stearns back in 2007 and lost $165K....somebody got that money...it didn't vanish. Funny thing was I didn't believe a word of what my broker was telling me....either to get in or get out....a new woman had me mesmerized and I literally got caught with my pants down.

in modern times, girlfriends should be able to help us with straddling and strangling options.

 

[kyzr]

Its a little more complex than that. Facebook, Apple, Amazon, Netflix, and Google, as well as Boeing have been in the news lately. The "trade war" with China has the markets spooked. Everything should get back to normal if Trump and Xi can work out a win-win deal.
The markets are pushing for the Fed to lower rates?!
The stock market is not for the nervous nellies...

There is absolutely no reason whatsoever for rates to be lowered when the economy is running along as good as it is claimed to be by Trump.
And besides that, Trump himself is the one that has been whining for months that interest rates are too high.
Anyone with any sense knows that Trump is a con man when he boasts to the entire planet that the economy is, "the best ever" and in the next months worth of Tweets he is saying rates are too high.
UNFUCKING believable; at best ...............

Still difficult to believe such a fucking con artist got into The Oval Office ............ very dangerous ..........

1. Agree rates should not be lowered, the talking heads on TV keep whining for the Fed to lower rates.
2. The Fed should keep unwinding its balance sheet to get dry powder for the next crisis
3. Trump is allowed to brag on the economy, he's managing it better than any prior president, especially taking on China and insisting on fair trade deals all over.
4. Don't think he's a con artist, just a spoiled rich kid who had too much smoke blown up his ass his entire life. Now he thinks he's a financial genius. I'm hoping some of that Wharton classwork sunk in and he keeps the economy growing steadily without a massive bubble/bust ending.

If Trump can avoid it he is not going into the 2020 election cycle with a down market, slipping retail sales, and rising interest rates. He probably will not be able to dictate interest rates but he can certainly end his China trade war. I expect an announcement from Trump of a huge break thru in trade negotiation, whether real or imaginary. The only question is when. Ideally, it should come in the primaries. However, if the market continues to nose dive and retail sales start slipping, it will come a lot sooner because this aging bull market is looking very tired.

Agree this economic expansion is one for the record books already. Also agree that Trump wants a booming economy for the 2020 election. Trump gave the economy a boost with his tax cuts and red-tape cuts. Now he's working on bringing back good jobs, such as manufacturing and construction/infrastructure. He's also working on fair trade deals with China and the rest of the world to level the tariff rates to keep the US products competitive. I'm optimistic that Trump's economy has a few good years left, especially if he gets good deal with China and the rest of our trading partners.

 

[McRocket]

The Wall Street insiders create these "panic" sessions to fleece the rubes. If there was any wealth created or lost in the stock market it would matter, but that's not the case. A sells B 100 shares of stock and B either plays long or short. A has his money back plus maybe a profit or a loss. B is holding a gamble. Nothing was created...wealth only changes hands in the Big Casino. And besides, this is Trump's economy to play with and like every other day, week, year, smart investors average gains of about 10% over the long haul....it's a sideshow.

DOW:

Yup...just a mirage.

 

[Ray From Cleveland]

We have a game of chicken here. On our side, we have the healthy guy with a sward and shield. On the other side, a sickly guy with a fork and a chair.

The US economy is as strong as China's is weak. We have the upper hand here, and can survive much longer than China. This effort may cost Americans, but we will go back to buying our own products instead of theirs, and that's good for the already great economy that we have.

If our economy is as strong as you claim, why was Trump begging for lower rates and another round of QE last week?

Because every little bit helps. Trump not only wants a good economy, he wants a great economy.

 

[Ray From Cleveland]

Its a little more complex than that. Facebook, Apple, Amazon, Netflix, and Google, as well as Boeing have been in the news lately. The "trade war" with China has the markets spooked. Everything should get back to normal if Trump and Xi can work out a win-win deal.
The markets are pushing for the Fed to lower rates?!
The stock market is not for the nervous nellies...

There is absolutely no reason whatsoever for rates to be lowered when the economy is running along as good as it is claimed to be by Trump.
And besides that, Trump himself is the one that has been whining for months that interest rates are too high.
Anyone with any sense knows that Trump is a con man when he boasts to the entire planet that the economy is, "the best ever" and in the next months worth of Tweets he is saying rates are too high.
UNFUCKING believable; at best ...............

Still difficult to believe such a fucking con artist got into The Oval Office ............ very dangerous ..........

1. Agree rates should not be lowered, the talking heads on TV keep whining for the Fed to lower rates.
2. The Fed should keep unwinding its balance sheet to get dry powder for the next crisis
3. Trump is allowed to brag on the economy, he's managing it better than any prior president, especially taking on China and insisting on fair trade deals all over.
4. Don't think he's a con artist, just a spoiled rich kid who had too much smoke blown up his ass his entire life. Now he thinks he's a financial genius. I'm hoping some of that Wharton classwork sunk in and he keeps the economy growing steadily without a massive bubble/bust ending.

If Trump can avoid it he is not going into the 2020 election cycle with a down market, slipping retail sales, and rising interest rates. He probably will not be able to dictate interest rates but he can certainly end his China trade war. I expect an announcement from Trump of a huge break thru in trade negotiation, whether real or imaginary. The only question is when. Ideally, it should come in the primaries. However, if the market continues to nose dive and retail sales start slipping, it will come a lot sooner because this aging bull market is looking very tired.

We have a game of chicken here. On our side, we have the healthy guy with a sward and shield. On the other side, a sickly guy with a fork and a chair.

The US economy is as strong as China's is weak. We have the upper hand here, and can survive much longer than China. This effort may cost Americans, but we will go back to buying our own products instead of theirs, and that's good for the already great economy that we have.

dow off 1000 this past week farmers getting killed 401k's ira's getting murdered all hail the pos trump

As an IRA investor, I am hailing Trump. I have a few years left before I can consider retirement, so the lower my investment company can buy shares, the better for me later on. My account would be nowhere near what it is today if not for the last recession.

 

[Harpy Eagle]

We have a game of chicken here. On our side, we have the healthy guy with a sward and shield. On the other side, a sickly guy with a fork and a chair.

The US economy is as strong as China's is weak. We have the upper hand here, and can survive much longer than China. This effort may cost Americans, but we will go back to buying our own products instead of theirs, and that's good for the already great economy that we have.

If our economy is as strong as you claim, why was Trump begging for lower rates and another round of QE last week?

Because every little bit helps. Trump not only wants a good economy, he wants a great economy.

But lower interest rates and QE are like a baseball player taking steroid to be "great" for a time...eventually the piper has to be paid

 

[edward37]

There is absolutely no reason whatsoever for rates to be lowered when the economy is running along as good as it is claimed to be by Trump.
And besides that, Trump himself is the one that has been whining for months that interest rates are too high.
Anyone with any sense knows that Trump is a con man when he boasts to the entire planet that the economy is, "the best ever" and in the next months worth of Tweets he is saying rates are too high.
UNFUCKING believable; at best ...............

Still difficult to believe such a fucking con artist got into The Oval Office ............ very dangerous ..........

1. Agree rates should not be lowered, the talking heads on TV keep whining for the Fed to lower rates.
2. The Fed should keep unwinding its balance sheet to get dry powder for the next crisis
3. Trump is allowed to brag on the economy, he's managing it better than any prior president, especially taking on China and insisting on fair trade deals all over.
4. Don't think he's a con artist, just a spoiled rich kid who had too much smoke blown up his ass his entire life. Now he thinks he's a financial genius. I'm hoping some of that Wharton classwork sunk in and he keeps the economy growing steadily without a massive bubble/bust ending.

If Trump can avoid it he is not going into the 2020 election cycle with a down market, slipping retail sales, and rising interest rates. He probably will not be able to dictate interest rates but he can certainly end his China trade war. I expect an announcement from Trump of a huge break thru in trade negotiation, whether real or imaginary. The only question is when. Ideally, it should come in the primaries. However, if the market continues to nose dive and retail sales start slipping, it will come a lot sooner because this aging bull market is looking very tired.

We have a game of chicken here. On our side, we have the healthy guy with a sward and shield. On the other side, a sickly guy with a fork and a chair.

The US economy is as strong as China's is weak. We have the upper hand here, and can survive much longer than China. This effort may cost Americans, but we will go back to buying our own products instead of theirs, and that's good for the already great economy that we have.

dow off 1000 this past week farmers getting killed 401k's ira's getting murdered all hail the pos trump

As an IRA investor, I am hailing Trump. I have a few years left before I can consider retirement, so the lower my investment company can buy shares, the better for me later on. My account would be nowhere near what it is today if not for the last recession.

DOW off a 1000 the last week Still hailing Trump?? With more to come?

 

[caddo kid]

Its a little more complex than that. Facebook, Apple, Amazon, Netflix, and Google, as well as Boeing have been in the news lately. The "trade war" with China has the markets spooked. Everything should get back to normal if Trump and Xi can work out a win-win deal.
The markets are pushing for the Fed to lower rates?!
The stock market is not for the nervous nellies...

There is absolutely no reason whatsoever for rates to be lowered when the economy is running along as good as it is claimed to be by Trump.
And besides that, Trump himself is the one that has been whining for months that interest rates are too high.
Anyone with any sense knows that Trump is a con man when he boasts to the entire planet that the economy is, "the best ever" and in the next months worth of Tweets he is saying rates are too high.
UNFUCKING believable; at best ...............

Still difficult to believe such a fucking con artist got into The Oval Office ............ very dangerous ..........

1. Agree rates should not be lowered, the talking heads on TV keep whining for the Fed to lower rates.
2. The Fed should keep unwinding its balance sheet to get dry powder for the next crisis
3. Trump is allowed to brag on the economy, he's managing it better than any prior president, especially taking on China and insisting on fair trade deals all over.
4. Don't think he's a con artist, just a spoiled rich kid who had too much smoke blown up his ass his entire life. Now he thinks he's a financial genius. I'm hoping some of that Wharton classwork sunk in and he keeps the economy growing steadily without a massive bubble/bust ending.

If Trump can avoid it he is not going into the 2020 election cycle with a down market, slipping retail sales, and rising interest rates. He probably will not be able to dictate interest rates but he can certainly end his China trade war. I expect an announcement from Trump of a huge break thru in trade negotiation, whether real or imaginary. The only question is when. Ideally, it should come in the primaries. However, if the market continues to nose dive and retail sales start slipping, it will come a lot sooner because this aging bull market is looking very tired.

We have a game of chicken here. On our side, we have the healthy guy with a sward and shield. On the other side, a sickly guy with a fork and a chair.

The US economy is as strong as China's is weak. We have the upper hand here, and can survive much longer than China. This effort may cost Americans, but we will go back to buying our own products instead of theirs, and that's good for the already great economy that we have.

In a serious economic battle, the U.S. wins. There is no question about it. But this isn't just an economic fight, it's also political, and there’s a strong case that President Trump would be less able to sustain a protracted conflict than the Chinese, especially with the 2020 elections coming. Chinese President Xi Jinping runs a communist country that has granted him the ability to rule for life. He controls the media in his country and is also sitting on top of about $3 trillion in surplus cash.

All of this means Xi can react quickly to Trump. He can even aid Chinese companies that get hurt in the coming months and subsidize prices so Chinese consumers don't face massive sticker shock at the store. The Chinese used similar tactics during the global financial crisis of 2008 and 2009, spending heavily from their surplus reserves to stimulate their economy and insulate their people from pain and it worked quite well.

The chance of Trump sticking to these huge tariffs past the end of summer are about zero. Do you really think Trump is going be the Grinch that Stole Christmas? He's already under pressure from lot of republicans in congress as well as Wall Street.

The one thing that worry's me, is China's military. They have a huge voice in the Party but China's economic success has largely silenced them. However with China taking economic hits from the US, China's retaliation may not be just economic. The military has been pushing to increase China's influence to the South. As the US prepares for a military engagement with Iran, which has been a long term partner of China what better time for the Chinese military to make a move to the South and open up trade with Iran ignoring Trump's sanctions.

Those ~63 million (extremely uneducated) voters stuck up into Trump's colon don't seem to recognize the truth of which you speak.

One day, maybe one day .................... after it's too late ................... LOFL ................

 

[Dick Foster]

The Wall Street insiders create these "panic" sessions to fleece the rubes. If there was any wealth created or lost in the stock market it would matter, but that's not the case. A sells B 100 shares of stock and B either plays long or short. A has his money back plus maybe a profit or a loss. B is holding a gamble. Nothing was created...wealth only changes hands in the Big Casino. And besides, this is Trump's economy to play with and like every other day, week, year, smart investors average gains of about 10% over the long haul....it's a sideshow.

I've been watching the street play the rubes for quite a few years now. When I see days like today all I see is a great buying opportunity. It basically boils down to " if you're not playing long, you're being played." Remember ,buy low, sell high. There are big differences in playing the market and investing. If you think you're playing the market, like as not you're being played by the sharks and you're just a rube. There are no such things as easy money, getting rich quick, or free lunches.

 

[Flopper]

Its a little more complex than that. Facebook, Apple, Amazon, Netflix, and Google, as well as Boeing have been in the news lately. The "trade war" with China has the markets spooked. Everything should get back to normal if Trump and Xi can work out a win-win deal.
The markets are pushing for the Fed to lower rates?!
The stock market is not for the nervous nellies...

There is absolutely no reason whatsoever for rates to be lowered when the economy is running along as good as it is claimed to be by Trump.
And besides that, Trump himself is the one that has been whining for months that interest rates are too high.
Anyone with any sense knows that Trump is a con man when he boasts to the entire planet that the economy is, "the best ever" and in the next months worth of Tweets he is saying rates are too high.
UNFUCKING believable; at best ...............

Still difficult to believe such a fucking con artist got into The Oval Office ............ very dangerous ..........

1. Agree rates should not be lowered, the talking heads on TV keep whining for the Fed to lower rates.
2. The Fed should keep unwinding its balance sheet to get dry powder for the next crisis
3. Trump is allowed to brag on the economy, he's managing it better than any prior president, especially taking on China and insisting on fair trade deals all over.
4. Don't think he's a con artist, just a spoiled rich kid who had too much smoke blown up his ass his entire life. Now he thinks he's a financial genius. I'm hoping some of that Wharton classwork sunk in and he keeps the economy growing steadily without a massive bubble/bust ending.

If Trump can avoid it he is not going into the 2020 election cycle with a down market, slipping retail sales, and rising interest rates. He probably will not be able to dictate interest rates but he can certainly end his China trade war. I expect an announcement from Trump of a huge break thru in trade negotiation, whether real or imaginary. The only question is when. Ideally, it should come in the primaries. However, if the market continues to nose dive and retail sales start slipping, it will come a lot sooner because this aging bull market is looking very tired.

Agree this economic expansion is one for the record books already. Also agree that Trump wants a booming economy for the 2020 election. Trump gave the economy a boost with his tax cuts and red-tape cuts. Now he's working on bringing back good jobs, such as manufacturing and construction/infrastructure. He's also working on fair trade deals with China and the rest of the world to level the tariff rates to keep the US products competitive. I'm optimistic that Trump's economy has a few good years left, especially if he gets good deal with China and the rest of our trading partners.

The economics favors the US in the trade war but the politics don't. Trump is facing an election next year. The Chinese Communistic Party have elected Xi Jinping to a life long term as president. Trump is seeking 15 billion in aid for farmers hurt by the tariffs, of which he will be lucky to get anything and there's nothing on board for the rest of economy. By contrast, China is sitting on a 3 trillion dollar cash surplus that can and likely will be used to soften the blow of the tariffs on Chinese businesses and consumers which they did quite effectively during the recession. Trump is counting on China caving in before 2020 and China has dug their heels in. My best guess is Trump will announce a breakthrough this summer and cut the tariffs so retailers can look forward to good holiday sales regardless of the progress our trade negotiators make. Right now, the picture is pretty grim.

 

[Toro]

The Wall Street insiders create these "panic" sessions to fleece the rubes. If there was any wealth created or lost in the stock market it would matter, but that's not the case. A sells B 100 shares of stock and B either plays long or short. A has his money back plus maybe a profit or a loss. B is holding a gamble. Nothing was created...wealth only changes hands in the Big Casino. And besides, this is Trump's economy to play with and like every other day, week, year, smart investors average gains of about 10% over the long haul....it's a sideshow.

 

[WillPower]

With more to come?

See my "1929!!!" OP in Politics

 

[WillPower]

View attachment 260813

Toro looks at today's DJ and decides to hide under his futon.....

 

[william the wie]

Its a little more complex than that. Facebook, Apple, Amazon, Netflix, and Google, as well as Boeing have been in the news lately. The "trade war" with China has the markets spooked. Everything should get back to normal if Trump and Xi can work out a win-win deal.
The markets are pushing for the Fed to lower rates?!
The stock market is not for the nervous nellies...

There is absolutely no reason whatsoever for rates to be lowered when the economy is running along as good as it is claimed to be by Trump.
And besides that, Trump himself is the one that has been whining for months that interest rates are too high.
Anyone with any sense knows that Trump is a con man when he boasts to the entire planet that the economy is, "the best ever" and in the next months worth of Tweets he is saying rates are too high.
UNFUCKING believable; at best ...............

Still difficult to believe such a fucking con artist got into The Oval Office ............ very dangerous ..........

1. Agree rates should not be lowered, the talking heads on TV keep whining for the Fed to lower rates.
2. The Fed should keep unwinding its balance sheet to get dry powder for the next crisis
3. Trump is allowed to brag on the economy, he's managing it better than any prior president, especially taking on China and insisting on fair trade deals all over.
4. Don't think he's a con artist, just a spoiled rich kid who had too much smoke blown up his ass his entire life. Now he thinks he's a financial genius. I'm hoping some of that Wharton classwork sunk in and he keeps the economy growing steadily without a massive bubble/bust ending.

If Trump can avoid it he is not going into the 2020 election cycle with a down market, slipping retail sales, and rising interest rates. He probably will not be able to dictate interest rates but he can certainly end his China trade war. I expect an announcement from Trump of a huge break thru in trade negotiation, whether real or imaginary. The only question is when. Ideally, it should come in the primaries. However, if the market continues to nose dive and retail sales start slipping, it will come a lot sooner because this aging bull market is looking very tired.

Agree this economic expansion is one for the record books already. Also agree that Trump wants a booming economy for the 2020 election. Trump gave the economy a boost with his tax cuts and red-tape cuts. Now he's working on bringing back good jobs, such as manufacturing and construction/infrastructure. He's also working on fair trade deals with China and the rest of the world to level the tariff rates to keep the US products competitive. I'm optimistic that Trump's economy has a few good years left, especially if he gets good deal with China and the rest of our trading partners.

The economics favors the US in the trade war but the politics don't. Trump is facing an election next year. The Chinese Communistic Party have elected Xi Jinping to a life long term as president. Trump is seeking 15 billion in aid for farmers hurt by the tariffs, of which he will be lucky to get anything and there's nothing on board for the rest of economy. By contrast, China is sitting on a 3 trillion dollar cash surplus that can and likely will be used to soften the blow of the tariffs on Chinese businesses and consumers which they did quite effectively during the recession. Trump is counting on China caving in before 2020 and China has dug their heels in. My best guess is Trump will announce a breakthrough this summer and cut the tariffs so retailers can look forward to good holiday sales regardless of the progress our trade negotiators make. Right now, the picture is pretty grim.

One marginal disagreement. China has a boatload of dollar denominated debt and China is seeing an uptick in out-sourcing to game the tariffs and increase under and un employment in mainland China.

 

[william the wie]

Toro, start getting care packages prepared for your family back in Canada. Chinese with purchased Canadian citizenship will run the price of shotgun shacks up in to seven figures even within the Northwest Territories.