The market is starting to collapse

[Harry Dresden]

Harry is describing himself, so, yes, a bit ... hypocritical (187 today).

john are you going to be this guys spokes person too?.....why dont you just speak for all the lefties here.....

 

[John Edgar Slow Horses]

john are you going to be this guys spokes person too?.....why dont you just speak for all the lefties here.....

I can for and to whom I wish. Do you bowl?

 

[Harry Dresden]

I can for and to whom I wish. Do you bowl?

john my dad was in a league and he took me with him a few times i just couldnt get into it and i sucked at it...i told him i will stick to baseball at least i was pretty good at that....whats your avg?....

 

[John Edgar Slow Horses]

john my dad was in a league and he took me with him a few times i just couldnt get into it and i sucked at it...i told him i will stick to baseball at least i was pretty good at that....whats your avg?....

I was a good ball player, until I ruined my arm, which, when I started bowling later, resulted in being a low scorer. I went and looked, and the last four years, I have averaged 179 and spit. In the Army, I was a bit higher I believe.

 

[Harry Dresden]

I was a good ball player, until I ruined my arm, which, when I started bowling later, resulted in being a low scorer. I went and looked, and the last four years, I have averaged 179 and spit. In the Army, I was a bit higher I believe.

my high game i think was 120....

 

[John Edgar Slow Horses]

my high game i think was 120....

I liked baseball, football (not good at all), and the decathlon. I did the latter maybe four times, did not place, but I found it a real challenge and thrill.

 

[Harry Dresden]

I liked baseball, football (not good at all), and the decathlon. I did the latter maybe four times, did not place, but I found it a real challenge and thrill.

i wouldnt go out for football because the coach said you have to shave your head....nope not for me i wasnt going to be an 17 year old bald kid,,,,i stuck with baseball the coach just wanted short hair....

 

[Papageorgio]

Well, here is a non-cognizant Biden having a positive effect. In his last year as president, the market went up 14% in value and that means that the big-in-the-know investors put their money on Biden and won

View attachment 1084056

and in answer to your debasing words about me, here you are

View attachment 1084059

So you like sniffing Trumps ass, who knew.

 

[Harry Dresden]

So you like sniffing Trumps ass, who knew.

watch out the pussy will put you on ignore.......

 

[22lcidw]

You don't play the stock market do you? The traders are always speculating on where the market will be in 6-9 months. They see what is happening and speculate on what is to come. The important thing is that they put "their money where their mouths are".

and by the way and addressing your statement about "under Biden stagflation for a year or more". You also need to understand that people like you or I do not affect the market. The BIG IN-THE-KNOW people play the market. The Hedge and Institutional funds play the market and they are not doing it with thousands or millions of dollars. They are doing it with BILLIONS of dollars. These people know everything from the roots on up and they are not going to be affected by the media, the public opinion or by what you call fake facts.

You truly should not be making comments on things you know so little about.

The stock market has been collapsing for the last fifty years. There are too many circuit breakers and resources to put money into stocks falling. Deficits and debts though are a worry. It sloshes around the planet and finds cracks for a potential collapse from time to time. If the system were to collapse it will not be nice. However, perhaps a new currency and new rules would start within a couple of weeks in a more austere world. Unfortunately, life will be cheap to a degree and those who have prepped will survive it easier for the time needed. Most of the money going into the markets is from the inflation.

 

[Luckyone]

The stock market has been collapsing for the last fifty years. There are too many circuit breakers and resources to put money into stocks falling. Deficits and debts though are a worry. It sloshes around the planet and finds cracks for a potential collapse from time to time. If the system were to collapse it will not be nice. However, perhaps a new currency and new rules would start within a couple of weeks in a more austere world. Unfortunately, life will be cheap to a degree and those who have prepped will survive it easier for the time needed. Most of the money going into the markets is from the inflation.

I stopped reading after your first paragraph. You call this "collapsing"

 

[John Edgar Slow Horses]

The market is weakening but not collapsing.

 

[Mashmont]

Today:

This was a big and likely indicative day. The DOW broke below 2 previous daily closing highs of importance that strongly suggest (if confirmed tomorrow) that the 200-day MA, currently at 41813 (1400 points lower), will become a viable target. The NASDAQ broke a pivotal daily close support at 20847 that was also very pivotal and that suggests the 20186 level will likely be seen tomorrow (200-day MA is there) and if the index closes tomorrow (Friday) below 20391, it could mean a lot more downside is to come.

The SPX is the only one that did not break anything of consequence today but is only 34 points away from breaking 2 levels of pivotal importance at 5836 and at 5827. The channel line I have been mentioning is only 50 points away (below).

One of the culprits today and that triggered a lot of the selling was NVDA, It reported earnings last night and though they were slightly better than expected and the stock opened slightly higher, the stock closed 9% lower and broke the 200-day MA. If the stock closes lower tomorrow by more than $.08 cents, a pivotal weekly close support level will be broken and if it closes $4.50 lower tomorrow a big sell signal on the daily closing chart will occur that will also confirm the break of the 200-day MA and generate a trend change.

Most (if not all) of the movement down seen the last 2 weeks, has been due to Trump's action.

One thing everyone here (especially the blind-by-choice Trump supporters) is that was in involved with the stock market is well-informed moneyed pockets. This is not people opening their mouths to opine but people putting their money where their mouths are. As such, these moves are indicative and these moves show that the moneyed people are worried and even negative as to what is to come to the nation's economy.

Bear that in mind.

Oh shit. It's up about 200 already today

 

[John Edgar Slow Horses]

The 'moneyed people' are concerned about the economy.

Sara Eisen on CNBC knows ten times more than the next ten MAGA 'experts' on this board.

 

[Luckyone]

The market is weakening but not collapsing.

The definition of collapsing is varied. When support levels of consequence are broken, a "short-term" collapse can occur.

I do apologize for using the word without further explanation of what I meant.

 

[Papageorgio]

watch out the pussy will put you on ignore.......

I don’t care, it allows us to challenge their lies and they deliberately don’t defend because they are narriscistic and hate to be challenged or confronted. If you are sincere in your beliefs and are confident in your ideas, you don’t mind being challenged and like differing opinions. When you ignore and shutdown others because of different opinions it just means your are intolerant, narrow minded and bigoted.

 

[martybegan]

You don't play the stock market do you? The traders are always speculating on where the market will be in 6-9 months. They see what is happening and speculate on what is to come. The important thing is that they put "their money where their mouths are".

and by the way and addressing your statement about "under Biden stagflation for a year or more". You also need to understand that people like you or I do not affect the market. The BIG IN-THE-KNOW people play the market. The Hedge and Institutional funds play the market and they are not doing it with thousands or millions of dollars. They are doing it with BILLIONS of dollars. These people know everything from the roots on up and they are not going to be affected by the media, the public opinion or by what you call fake facts.

You truly should not be making comments on things you know so little about.

 

[JohnDB]

The market operates off of numbers and off book trading.

Meaning MORE STOCKS TRADE OFF BOOK THAN ON.

inflation data, unemployment data, and purchasing manager inventory data numbers have ALL BEEN DOCTORED to show better numbers than what is true.

Also....our Government spending has become 25% of GDP. UNSUSTAINABLE!

As the budget gets trimmed, so does GDP.

There are also other troubling signs....
Housing market is very soft at the moment in areas once thought strong. So is Commercial Real estate. Which means bond market might be full of junk bonds no matter how well cash capitalized the assets are.

Also, in times past the retail sector has held the economy up during difficult fiscal times....not this time. Personal bankruptcies are up and credit card debt is rising. People are not buying new cars and trucks/SUVs. (Nor anything else)

So our manufacturing economy (which affects transports) is in the dumpster.

All while farmers are going broke and we keep importing more food than ever before. Lumber is also at a surplus.

These are difficult times....and without anything to drive the economy we are not heading for a boom.

 

[John Edgar Slow Horses]

I don’t care, it allows us to challenge their lies and they deliberately don’t defend because they are narriscistic and hate to be challenged or confronted. If you are sincere in your beliefs and are confident in your ideas, you don’t mind being challenged and like differing opinions. When you ignore and shutdown others because of different opinions it just means your are intolerant, narrow minded and bigoted.

When you have those who act as if they are far on the spectrum and won't be challenged and just keep yelling, Ignore is an option, papa.

 

[JohnDB]