Stock market will crash in 60 days...

[surada]

Bookmarked for 60 days from now. We will see if your guy is right or not.

It's called the October Effect.

 

[g5000]

It's called the October Effect.

Actually, it's call the September Effect.

September is usually the worst month of the year for stocks.

September Effect: Definition, Stock Market History, Theories

The September Effect is a calendar anomaly that refers to historically weak stock market returns for the month of September.

www.investopedia.com

 

[Dagosa]

My Daughter is NOT currently wealthier than I, but she's 31, owns her own successful business, raising a Husband and 2 boys.
The Husband is Military, they own 2 homes.

I've done OK, they are young and have to catch up to me.
They will, but NOT today.

That’s the whole idea. You keep your health, you make your wealth.

 

[Harpy Eagle]

Just saying that the jobs report is rumored to be bad....

do you have links to these rumors or are they just in your head?

 

[Delldude]

do you have links to these rumors or are they just in your head?

LOL...............these the same glowing job reports that end up being 'adjusted' after being fact checked?

 

[Harpy Eagle]

LOL...............these the same glowing job reports that end up being 'adjusted' after being fact checked?

the jobs reports are almost always adjusted, does not matter who is the POTUS. This is because more data comes in after the report is published.

None of you cult members cared about this during the Trump years.

 

[Delldude]

the jobs reports are almost always adjusted, does not matter who is the POTUS. This is because more data comes in after the report is published.

None of you cult members cared about this during the Trump years.

No, it's due to the figures being conflated for political gain. And, once again, you're wrong.

 

[Harpy Eagle]

No, it's due to the figures being conflated for political gain. And, once again, you're wrong.

Nope. I am not wrong.

You are just one more mindless MAGA cult member that thinks everyone is one big conspiracy.

You were on the forum all 4 years of Trump, why did you never once whine about job numbers being changed under him?

 

[Delldude]

Nope. I am not wrong.

You are just one more mindless MAGA cult member that thinks everyone is one big conspiracy.

You were on the forum all 4 years of Trump, why did you never once whine about job numbers being changed under him?

I did.

 

[Harpy Eagle]

I did.

 

[Delldude]

Look it up, back up your claim.

 

[Harpy Eagle]

Look it up, back up your claim.

I did. I did a search for "jobs" by you between Jan 2017 and Jan 2021 and it came back with one hit.

 

[Delldude]

I did. I did a search for "jobs" by you between Jan 2017 and Jan 2021 and it came back with one hit.

View attachment 998504

Keep trying.

 

[Harpy Eagle]

Keep trying.

Nope.

If I am wrong feel free to prove it, I have already proven my point.

 

[Delldude]

Nope.

If I am wrong feel free to prove it, I have already proven my point.

No you haven't.

 

[Harpy Eagle]

...says best selling author Larry McDonald.

"They're playing catch up, and while they were doing quantitative easing in 2021, inflation started to rage and now they're trying to catch up," The Bear Traps Report founder Larry McDonald said Wednesday on "Mornings with Maria."

"Our 21 Lehman systemic risk indicators that look at equity and credit point to one of the highest probabilities of a crash in the stock market looking out 60 days," McDonald, who is also known for writing a best-selling book on the Lehman Brothers collapse, cautioned.

Stock market will crash in 60 days, best-selling author on Lehman collapse warns

Market risk indicators are signaling one of the highest probabilities of a crash in the next 60 days. The Bear Traps report founder Larry McDonald advises on how to allocate your capital.

www.foxbusiness.com

Don't have anything to add to that...not a stock expert. It just feels very very Black Monday-esque.

The title of that article is a little misleading...McDonald actually says "best chance" if the S&P earning fail to meet expectations.

I wasn't around in 1929...but I was in 1987.

You experts can discuss the ins and outs of the article...I'm just going to read the replies.

Well, most of the replies.

Not the replies from those who know less than I do who will unfailingly post that everything is fine because hope and fairy dust and a potato in the White House.

Since you made this thread...

DJI up 5.78%, annualized that is 12.79%
S&P up 9.86%, annualized that is 21.81%
NASDAQ up 11.51%,annualized that is 25.46%

So, do you feel silly yet?

 

[otto105]

LOL...............these the same glowing job reports that end up being 'adjusted' after being fact checked?

dell, you fail to understand the process don't you.

 

[Delldude]

dell, you fail to understand the process don't you.

Guess so, must be why the jobs numbers were 'adjusted' by something like -818,000 jobs.

Accurate as all hell.

 

[Harpy Eagle]

Guess so, must be why the jobs numbers were 'adjusted' by something like -818,000 jobs.

Accurate as all hell.

The annual adjustment is made using data that is not available when the monthly reports are created. It is done every year, most years the number goes down, sometimes it goes up.

The monthly reports are accurate based up the data at the current time.

 

[Delldude]

The annual adjustment is made using data that is not available when the monthly reports are created. It is done every year, most years the number goes down, sometimes it goes up.

The monthly reports are accurate based up the data at the current time.

You just said, based upon data being used, the system is flawed and politically biased.