Wall street falls again as trump slump deepens

[g5000]

The President has limited control over the stock market.

Control? Okay.

Influence? Yes. Bigly.

 

[Captain Caveman]

I dont think the media is a factor. People who invest are reacting to trump crazy and that is a factor.

You never had the brains to buy shares in the utilities at home, so you shouldn't worry your two braincells about the US stock market.

 

[HaShev]

You never had the brains to buy shares in the utilities at home, so you shouldn't worry your two braincells about the US stock market.

and industrial sector like industrial property reits who will benefit from all the manufacturing coming back to the U.S. through those tariffs he worries about.

 

[Luckyone]

View attachment 1089379
Schumer resistant yesterday spooked the market
he caves and today the dead cat bounces.....got out of my Nvidia up 13.58% that's 3 1/2 years CD interest
or 2 1/2 years bond interest in 3-4 days, but hey naysayers never catch that falling knife you say, well if you don't you'll usually never get in for the train ride (you wake up the price is beyond your entrance point at open)..
Secret: look at the chart, try and buy at the reverse head and shoulder's head forming, then look at the RSI, buy when down to 20-30, sell at 60- 80 depending on market conditions and options timing. This is what the brokerage houses and pros do, so it helps solidify your purchase. Which brings me to looking at the highest gathering of puts and calls to figure out where the market makers are wanting to take the stock down or up to, along with the RSI this gives a good read on helping buy and sell signals. Be aware of when options ends in the month, there will be weird anomalies from those, huge swings for short term trading or low ball bids for entrance- You're Welcome

Reverse Head and Shoulders formation? Where do you see that? I have been a chartist for 48 years, and I cannot see a reverse head and shoulder formation anywhere (not in NVDA and not it any of the index charts).

This chart suggests that NVDA will be heading down to test the $103 area and bounce from there. Long term outlook is not clear at this time.

 

[HaShev]

Reverse Head and Shoulders formation? Where do you see that? I have been a chartist for 48 years, and I cannot see a reverse head and shoulder formation anywhere (not in NVDA and not it any of the index charts).

View attachment 1091608

This chart suggests that NVDA will be heading down to test the $103 area and bounce from there. Long term outlook is not clear at this time.

look at the 1mo (see it forming, and 6 mo, you'll see it at the end of the chart forming)

 

[Luckyone]

look at the 1mo (see it forming, and 6 mo, you'll see it at the end of the chart forming)

I can see what you are looking at but that is not really a classical H&S formation. In addition, the 200-day MA. which is currently at 127.75 is always going to be more important than the formation, especially when it is not a classical one (left shoulder higher than the right shoulder).

Getting up to $127 though, would not change the midterm outlook (3 -6 months), which is presently down and needing positive fundamental news to change it.

 

[HaShev]

I can see what you are looking at but that is not really a classical H&S formation. In addition, the 200-day MA. which is currently at 127.75 is always going to be more important than the formation, especially when it is not a classical one (left shoulder higher than the right shoulder).

Getting up to $127 though, would not change the midterm outlook (3 -6 months), which is presently down and needing positive fundamental news to change it.

True, but I explicitely talked about "spotting it forming" to buy at the low point reverse head not the reverse shoulder.

 

[HaShev]

Rick Santelli Blasts CNBC Panel for Gaslighting Audience About Trump Tariffs​

Rick Santelli Blasts CNBC Panel for Gaslighting Audience About Trump Tariffs - The Last Refuge

 

[Street Juice]

Wall Street suffers ‘ugly’ sell-off amid US recession fears, as Musk’s Tesla falls 50% from all–time high – as it happened

New York stock market posts heavy losses, as investors have a ‘wake-up call’ about risks of recession under Donald Trump

www.theguardian.com

• Dow Jones industrial average: down 516 points or -1.2% at 42,285 points
• S&P 500: down 130 points or -2.2% at 5,639 points
• Nasdaq composite: down 648 points or 3.5% at 17,547 points

Its not a great start to the week
I see one of the major problems is that business doesnt have a clue what is going on.
Stop start initiatives do not provide the stability needed to grow the economy.

Trump needs to decide what he is doing and stick with it for at least a day. .

I wonder if that is possible ?

Whhaaaahhh, Wall Stweet fall down get owwiieee whhhaaaahhh

 

[Street Juice]

If Biden had done this they'd have made it an election issue and raked him over the coals for it.

Instead, what Biden did was throw open the southern border. Literally. And that, in fact, is actually good for Wall St. Death, of course, for Main St. But who cares about them?

 

[HaShev]

I haven't seen a squeeze like this since Albert Bragg tried to go through the scanner door frame at the courthouse.

 

[tyroneweaver]

Wall Street suffers ‘ugly’ sell-off amid US recession fears, as Musk’s Tesla falls 50% from all–time high – as it happened

New York stock market posts heavy losses, as investors have a ‘wake-up call’ about risks of recession under Donald Trump

www.theguardian.com

• Dow Jones industrial average: down 516 points or -1.2% at 42,285 points
• S&P 500: down 130 points or -2.2% at 5,639 points
• Nasdaq composite: down 648 points or 3.5% at 17,547 points

Its not a great start to the week
I see one of the major problems is that business doesnt have a clue what is going on.
Stop start initiatives do not provide the stability needed to grow the economy.

Trump needs to decide what he is doing and stick with it for at least a day. .

I wonder if that is possible ?

roflmbo

 

[Tommy Tainant]

roflmbo

wall street recovers as trump admits defeat.

 

[Leo123]

Stocks are up at closing. Stay in your own lane Tommy.

 

[HaShev]

I hope Goldman fires these people who locked themselves and their clients out of the market