Trump Scandals Triggers DOW's Biggest Losses Since September

[skews13]

The stock market on Wednesday took its biggest dive since before President Trump’s election, as investors began to grapple with the increasing possibility that Washington would be consumed with chaos and fail to enact policies to boost the economy.

The Dow Jones industrial average lost 368 points, or 1.8 percent to 20,611, as a broad array of other indexes all lost ground. Meanwhile, a widely followed measure of volatility known as the VIX, which had been remarkably subdued in recent months, spiked by a dramatic 21 percent, suggesting sharply growing anxiety by investors about a sense of rising political risk in Washington.

Turmoil over recent Trump controversies triggers the Dow’s biggest losses since September

 

[JakeStarkey]

Markets want certainty and here they don't . . . ?

 

[DarkFury]

It was up by over a thousand the first 90 days. That small a drop is called a correction.

 

[william the wie]

It was up by over a thousand the first 90 days. That small a drop is called a correction.

Less than 5% drops aren't big enough to count as even corrections. one or two big cap stocks can cause moves that big by going xdiv

 

[Crixus]

The stock market on Wednesday took its biggest dive since before President Trump’s election, as investors began to grapple with the increasing possibility that Washington would be consumed with chaos and fail to enact policies to boost the economy.

The Dow Jones industrial average lost 368 points, or 1.8 percent to 20,611, as a broad array of other indexes all lost ground. Meanwhile, a widely followed measure of volatility known as the VIX, which had been remarkably subdued in recent months, spiked by a dramatic 21 percent, suggesting sharply growing anxiety by investors about a sense of rising political risk in Washington.

Turmoil over recent Trump controversies triggers the Dow’s biggest losses since September

Lol.

 

[BluesLegend]

Obama, Hillary, Lynch, Comey create a national security private email server clusterfuck and its Trump's scandal? The left is lying again.

 

[DarkFury]

It was up by over a thousand the first 90 days. That small a drop is called a correction.

Less than 5% drops aren't big enough to count as even corrections. one or two big cap stocks can cause moves that big by going xdiv

Could have been short termers taking profits. The drop is nothing.

 

[Cellblock2429]

The stock market on Wednesday took its biggest dive since before President Trump’s election, as investors began to grapple with the increasing possibility that Washington would be consumed with chaos and fail to enact policies to boost the economy.

The Dow Jones industrial average lost 368 points, or 1.8 percent to 20,611, as a broad array of other indexes all lost ground. Meanwhile, a widely followed measure of volatility known as the VIX, which had been remarkably subdued in recent months, spiked by a dramatic 21 percent, suggesting sharply growing anxiety by investors about a sense of rising political risk in Washington.

Turmoil over recent Trump controversies triggers the Dow’s biggest losses since September

/---- Profit taking. Any old excuse at all

 

[g5000]

Now we know what it takes for Wall Street to wake up to Trump risk

Apparently, talk of a potential impeachment of Trump — after his reported strong-arming and then firing of the FBI director, James Comey — has gotten investors' attention. To be clear, it's not that investors are necessarily taking an impeachment as likely. It's that the challenge to Trump's political power has reached a level that means his economic agenda is off the rails.

 

[g5000]

An unpopular President is not going to get health care reform passed. Or badly needed tax reform.

That's what the markets are reacting to.

 

[radical right]

Could have been short termers taking profits. The drop is nothing.

Sounds like Herbert Hoover in 1929

Reporters are starting to call this the "Trump Dump"

 

[skews13]

Could have been short termers taking profits. The drop is nothing.

Sounds like Herbert Hoover in 1929

Reporters are starting to call this the "Trump Dump"

The markets first quarter gains were based entirely on the revised growth, employment, and profit numbers from the last quarter of the previous year, reflecting the stability of the market.

Even with the projected business infrastructure announced after the election, and stronger than expected employment numbers in April, the market takes this kind of hit in the middle of the second quarter.

Which can't be attributed to uncertainty from investors regarding tax cuts or a wall being built on the Mexican border.

What could it possibly be attributed to?

 

[DarkFury]

Could have been short termers taking profits. The drop is nothing.

Sounds like Herbert Hoover in 1929

Reporters are starting to call this the "Trump Dump"

The markets first quarter gains were based entirely on the revised growth, employment, and profit numbers from the last quarter of the previous year, reflecting the stability of the market.

Even with the projected business infrastructure announced after the election, and stronger than expected employment numbers in April, the market takes this kind of hit in the middle of the second quarter.

Which can't be attributed to uncertainty from investors regarding tax cuts or a wall being built on the Mexican border.

What could it possibly be attributed to?

Nah my coal stocks went up huge. I almost took the profit myself.

 

[radical right]

Which can't be attributed to uncertainty from investors regarding tax cuts or a wall being built on the Mexican border.

What could it possibly be attributed to?

Reality setting in - sent from my twitter account at 4:00 am

 

[william the wie]

Always remember to buy in November
Then sell in May and walk away
This works about 85% of the time in effectively all markets in the world as far back as can be measured. The curiousity about today's drop is that the STS (Seasonal Trading System) even with one of the timing systems normally triggers in the first five trading days of May. Get a copy of "The Stock Trader's Almanac" and used but complete works too if you want a better explanation.

 

[IsaacNewton]

Trump - Make America Broke Again!