The Dow takes a dump....Down -900+ On Jobs report

[Harpy Eagle]

This is why I bought an annuity that, together with my SS payments, cover all my living expenses. I will not have to sell stocks at their low to raise cash.

Will it cover your living expenses in 10 years with inflation adding to them?

 

[Harpy Eagle]

Futures DJIA Chart Daily

Stock screener for investors and traders, financial visualizations.

finviz.com

It's not a lie....unfortunately you just outed your blatant lie.
The 200 day moving average is the line that EVERYONE uses....making a death cross is not exactly a good thing.

Yes, the 200 day moving average is indeed. and the S&P is more than 4.5% over the 200 day average as the table I provided proved.

So, what is your next lie going to be?

 

[Flopper]

I notice you only mention that Americans are horrified by what has happened in GAZA. Why skip over what caused the whole thing - that savage massacre on Ocrober 7th? The deliberate torture to death od innocent people, in the most agonizing ways possible, could only be committed by subhumans.

Also, most Americans (rightly) support Israel, and almost all Jews.

I didn't mention it because it was just the spark that create the firestorm. Hamas killed 1200 on Oct 7th. Israel states that their military has killed 16,000 civilians in Gaza and 10,000 Hamas fighter. Other sources put that the figure closer to 40,000. Although Netanyahu may believes 1 Jew is worth 20 Palestinian, most of the rest of the world certainly does not agree and in fact many Israel's don't either. According to Pew research study, 39% of Israelis say the military response has gone far enough and 19% think it has gone too far.

 

[Lisa558]

I didn't mention it because it was just the spark that create the firestorm. Hamas killed 1200 on Oct 7th. Israel states that their military has killed 16,000 civilians in Gaza. Other sources put that the figure closer to 30,000. Although Netanyahu may believes 1 Jew is worth 10 Palestinian, most of the rest of the world certainly does not agree and in fact many Israel's don't either. According to Pew research study, 39% of Israelis say the military response has gone far enough and 19% think it has gone too far.

It’s not a numbers game.

Only one was a deliberate attack designed to find and torture to death as many innocent civilians as possible, and in the most agonizing ways possible. And humiliating. Even the Nazis weren’t that horrific.

Also, the numbers would be lower if the Muslim savages weren’t hiding behind civilians, TRYING to get them killed. Israel, being kind to people who cheered on the torture of Israelis, gave them a chance to escape, but the Muslim monsters (Harris doesn’t want us calling them terrorists) blocked their way in order to drive the numbers up.

The savages who perpetuated the massacre are subhuman. I pray Isrsel gets every last one of them and kills them in the manner in which they killed the Jewish children, but Jews have a higher moral code.

 

[Lisa558]

I didn't mention it because it was just the spark that create the firestorm. Hamas killed 1200 on Oct 7th. Israel states that their military has killed 16,000 civilians in Gaza and 10,000 Hamas fighter. Other sources put that the figure closer to 40,000. Although Netanyahu may believes 1 Jew is worth 20 Palestinian, most of the rest of the world certainly does not agree and in fact many Israel's don't either. According to Pew research study, 39% of Israelis say the military response has gone far enough and 19% think it has gone too far.

Also, Netanyahu never said 1 Jew is worth 20 Palestinians. That’s just your biased antisemitism talking, and your hate for the Jew country,

 

[Flopper]

Will it cover your living expenses in 10 years with inflation adding to them?

The current inflation rate is 2.9%. The 50 year average is 3.6%. Most retirement planners assume a 3.5% inflation rate.

 

[Flopper]

Also, Netanyahu never said 1 Jew is worth 20 Palestinians. That’s just your biased antisemitism talking, and your hate for the Jew country,

I didn't say that. I said he must believe 1 Jew is is worth 20 Palistieans. His kill ratio using his own military estimates are 16,000 civilians and 10,000 Hamas fighters. With 1200 Jews killed on Oct 7th, His kill rate is 22 Palestinians for each Jew killed on Oct 7th. The actually kill rate is probably much higher since the number killed are Israeli military estimates.

 

[Harpy Eagle]

The current inflation rate is 2.9%. The 50 year average is 3.6%. Most retirement planners assume a 3.5% inflation rate.

She got an annuity, they are almost always a fixed amount.

 

[Lisa558]

The current inflation rate is 2.9%. The 50 year average is 3.6%. Most retirement planners assume a 3.5% inflation rate.

And you ignore that we just had a run up of about 20% over the last three years.

 

[Lisa558]

I didn't say that. I said he must believe 1 Jew is is worth 20 Palistieans. His kill ratio using his own military estimates are 16,000 civilians and 10,000 Hamas fighters. With 1200 Jews killed on Oct 7th, His kill rate is 22 Palestinians for each Jew killed on Oct 7th. The actually kill rate is probably much higher since the number killed are Israeli military estimates.

The “kill ratio” is meaningless. You libs like to keep using that as a benchmark because you are pro-Muslim and anti-Jew, but the fact remains that these two groups are not comparable. One set out to find and torture as many civilians as possible, making sure their last moments on earth were as agonizing as possible, and then bragging to Mama that they killed another Jew, and the other has taken measures to reduce the number of civilian casualties.

Israel is morally superior. The HAMAS savages should all burn in hell, and they will.

 

[Flopper]

And you ignore that we just had a run up of about 20% over the last three years.

It would be foolish to use high points or low points in the inflation curve. If planning for a retirement some years or decades in the future a long term average should be used.

 

[Lisa558]

It would be foolish not ignore high points or low inflation points in the inflation curve. If planning for a retirement some years or decades in the future a long term average should be used.

But Biden’s rapid inflation these past few years was extreme - a 40-year-high. The people it hurt the most are those who retired just as Biden took office. Look up “sequence of return.”

I retired just as Trump was coming on board, and did really well.

I’d suggest that anyone thinking of retiring now should wait to see if the Socialists win. Their massive spending programs and anti-capitalism will drive inflation back up and corporate profits down. If Trump wins, I’d feel more comfortable, especially with a stock portfolio.

 

[Flopper]

But Biden’s rapid inflation these past few years was extreme - a 40-year-high. The people it hurt the most are those who retired just as Biden took office. Look up “sequence of return.”

I retired just as Trump was coming on board, and did really well.

I’d suggest that anyone thinking of retiring now should wait to see if the Socialists win. Their massive spending programs and anti-capitalism will drive inflation back up and corporate profits down. If Trump wins, I’d feel more comfortable, especially with a stock portfolio.

Biden so called massive spending programs certainly didn't cause the inflation. Only a small portion has been spent, 17%. Inflation was increasing rapidly in 2021 and early 2022 and none of the money was being released

There are several reason for the inflation. First the pent-up demand due to 2 years of corvid created a huge demand for goods and services which could not be satisficed due to shortages, primarily coming from China.

The other major factor was slow action of the Fed. The Fed did nothing to slow inflation as it rose from 2% to over 8% during a 14 month period. It was March 2022 before the Fed started increasing rates to control inflation. As is usually the case, once inflation takes hold, it takes a number of months of Fed interest rates hikes to bring inflation under control which is exactly what happened. Hopefully the lower inflation today, 2.94% in June, higher unemployment, and a sharp decrease in new job creations will persuade the Fed not to wait 14 months to start cutting rates.

 

[KissMy]

Dow drops 1,000 points, Nasdaq craters 6%

You should sell everything, the sky is falling

 

[Harpy Eagle]

Well, in the two weeks since all the snowflakes lost their minds and sold all their stock the markets have done this...

DJI + 4.8%
S&P +6.9%
NAS +8.6%
Rus +4.7%

This makes me laugh even harder at you snowflakes