Futures Down

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antiqueman
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Futures Down

Post by antiqueman » Sun May 05, 2019 5:36 pm

Futures are down a lot, Wonder why?

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Re: Futures Down

Post by z3r0c00l » Sun May 05, 2019 5:41 pm

Right, stocks fall on uncertainty and right now the trade/tariff situation is uncertain.

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arcticpineapplecorp.
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Re: Futures Down

Post by arcticpineapplecorp. » Sun May 05, 2019 5:44 pm

put down cnbc and enjoy what's left of your weekend. It's Sunday for pity's sake.
"May you live as long as you want and never want as long as you live" -- Irish Blessing | "Invest we must" -- Jack Bogle

sd323232
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Re: Futures Down

Post by sd323232 » Sun May 05, 2019 5:48 pm

LOL, not even gonna sweat it. Up, down, sideways, business as usual. Getting ready for new GoT episode tonight!

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nedsaid
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Re: Futures Down

Post by nedsaid » Sun May 05, 2019 5:48 pm

antiqueman wrote:
Sun May 05, 2019 5:36 pm
Futures are down a lot, Wonder why?
Well, on Friday, every one of my stocks, mutual funds, and ETFs were up that day. I never thought I would see that happen. Markets at all time highs. Friday was a bit too good to be true, not surprising markets would be down on Monday. But futures markets can all turn on a dime. Wouldn't worry about this. Pretty normal behavior.
A fool and his money are good for business.

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goodenyou
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Re: Futures Down

Post by goodenyou » Sun May 05, 2019 6:11 pm

If you haven’t bought stocks because the market was too hot and “near all time highs“, then tomorrow may be a buying opportunity. There may be a sale.

You just busted my bubble. I was high-fiving my wife about FIRE this weekend. Now I have Sunday blues.
"Ignorance more frequently begets confidence than does knowledge" | "The best years you have left are the ones you have right now"

Green Street
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Re: Futures Down

Post by Green Street » Sun May 05, 2019 6:36 pm

It’s Sunday, let’s worry about that tomorrow, in any event it’s a buying opportunity. As stated above Game of Thrones tonight, let’s just go
Searching Through The FiRE

Bacchus01
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Re: Futures Down

Post by Bacchus01 » Sun May 05, 2019 6:37 pm

Tariffs

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fortfun
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Re: Futures Down

Post by fortfun » Sun May 05, 2019 6:37 pm

antiqueman wrote:
Sun May 05, 2019 5:36 pm
Futures are down a lot, Wonder why?
I'm sitting on too much cash. I'd like to buy some stocks tomorrow :)

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Stinky
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Re: Futures Down

Post by Stinky » Sun May 05, 2019 6:38 pm

Cue up the “stocks are in free fall” thread.
It's a GREAT day to be alive - Travis Tritt

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Re: Futures Down

Post by jbranx » Sun May 05, 2019 6:41 pm

{I removed one profanity and several political comments} Moderator Jbranx

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whodidntante
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Re: Futures Down

Post by whodidntante » Sun May 05, 2019 6:55 pm

I do not consider -1.3% "a lot." But OK.

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TheTimeLord
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Re: Futures Down

Post by TheTimeLord » Sun May 05, 2019 6:56 pm

Green Street wrote:
Sun May 05, 2019 6:36 pm
It’s Sunday, let’s worry about that tomorrow, in any event it’s a buying opportunity. As stated above Game of Thrones tonight, let’s just go
But apparently Winter is coming.
IMHO, Investing should be about living the life you want, not avoiding the life you fear. | Run, You Clever Boy! [9085]

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TheTimeLord
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Re: Futures Down

Post by TheTimeLord » Sun May 05, 2019 6:59 pm

whodidntante wrote:
Sun May 05, 2019 6:55 pm
I do not consider -1.3% "a lot." But OK.
No, you are right its not but if people that's what people need psychologically to act then let's ride. Dry powder ho!
IMHO, Investing should be about living the life you want, not avoiding the life you fear. | Run, You Clever Boy! [9085]

bgf
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Re: Futures Down

Post by bgf » Sun May 05, 2019 7:00 pm

TheTimeLord wrote:
Sun May 05, 2019 6:56 pm
Green Street wrote:
Sun May 05, 2019 6:36 pm
It’s Sunday, let’s worry about that tomorrow, in any event it’s a buying opportunity. As stated above Game of Thrones tonight, let’s just go
But apparently Winter is coming.
winter is here!

also, for the pbs crowd, next episode of les miserables airs at 9pm also.
“TE OCCIDERE POSSUNT SED TE EDERE NON POSSUNT NEFAS EST"

Green Street
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Re: Futures Down

Post by Green Street » Sun May 05, 2019 7:00 pm

TheTimeLord wrote:
Sun May 05, 2019 6:56 pm
Green Street wrote:
Sun May 05, 2019 6:36 pm
It’s Sunday, let’s worry about that tomorrow, in any event it’s a buying opportunity. As stated above Game of Thrones tonight, let’s just go
But apparently Winter is coming.
Unfortunately winter came and left last episode :(
Searching Through The FiRE

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TheTimeLord
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Re: Futures Down

Post by TheTimeLord » Sun May 05, 2019 7:02 pm

Do not go gentle into that good night,
Old age should burn and rave at close of day;
Rage, rage against the dying of the light.

Though wise men at their end know dark is right,
Because their words had forked no lightning they
Do not go gentle into that good night.

Good men, the last wave by, crying how bright
Their frail deeds might have danced in a green bay,
Rage, rage against the dying of the light.

Wild men who caught and sang the sun in flight,
And learn, too late, they grieved it on its way,
Do not go gentle into that good night.

Grave men, near death, who see with blinding sight
Blind eyes could blaze like meteors and be gay,
Rage, rage against the dying of the light.

And you, my father, there on the sad height,
Curse, bless, me now with your fierce tears, I pray.
Do not go gentle into that good night.
Rage, rage against the dying of the light.

~ Dylan Thomas
IMHO, Investing should be about living the life you want, not avoiding the life you fear. | Run, You Clever Boy! [9085]

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TheTimeLord
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Re: Futures Down

Post by TheTimeLord » Sun May 05, 2019 7:03 pm

Green Street wrote:
Sun May 05, 2019 7:00 pm
TheTimeLord wrote:
Sun May 05, 2019 6:56 pm
Green Street wrote:
Sun May 05, 2019 6:36 pm
It’s Sunday, let’s worry about that tomorrow, in any event it’s a buying opportunity. As stated above Game of Thrones tonight, let’s just go
But apparently Winter is coming.
Unfortunately winter came and left last episode :(
Do I get credit for the effort?
IMHO, Investing should be about living the life you want, not avoiding the life you fear. | Run, You Clever Boy! [9085]

Green Street
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Re: Futures Down

Post by Green Street » Sun May 05, 2019 7:04 pm

TheTimeLord wrote:
Sun May 05, 2019 7:03 pm
Green Street wrote:
Sun May 05, 2019 7:00 pm
TheTimeLord wrote:
Sun May 05, 2019 6:56 pm
Green Street wrote:
Sun May 05, 2019 6:36 pm
It’s Sunday, let’s worry about that tomorrow, in any event it’s a buying opportunity. As stated above Game of Thrones tonight, let’s just go
But apparently Winter is coming.
Unfortunately winter came and left last episode :(
Do I get credit for the effort?
Most def! A+
Searching Through The FiRE

Godot
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Re: Futures Down

Post by Godot » Sun May 05, 2019 7:08 pm

TheTimeLord wrote:
Sun May 05, 2019 7:02 pm
Do not go gentle into that good night,
Old age should burn and rave at close of day;
Rage, rage against the dying of the light.

Though wise men at their end know dark is right,
Because their words had forked no lightning they
Do not go gentle into that good night.

Good men, the last wave by, crying how bright
Their frail deeds might have danced in a green bay,
Rage, rage against the dying of the light.

Wild men who caught and sang the sun in flight,
And learn, too late, they grieved it on its way,
Do not go gentle into that good night.

Grave men, near death, who see with blinding sight
Blind eyes could blaze like meteors and be gay,
Rage, rage against the dying of the light.

And you, my father, there on the sad height,
Curse, bless, me now with your fierce tears, I pray.
Do not go gentle into that good night.
Rage, rage against the dying of the light.

~ Dylan Thomas
Not bad at all!
“There is man in his entirety, blaming his shoe when his foot is guilty.” ― Samuel Beckett, Waiting for Godot

GoldenFinch
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Re: Futures Down

Post by GoldenFinch » Sun May 05, 2019 7:10 pm

If we are all lucky, the sun will still rise tomorrow.

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mrspock
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Re: Futures Down

Post by mrspock » Sun May 05, 2019 7:18 pm

*yawn* How many times has Mr. Market reacted to "looming trade deal" news? And what by Wednesday or Thursday there will be rumours that we are close to a deal and we get a 2-3 day run back to where we are? Traders must love this...

am
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Re: Futures Down

Post by am » Sun May 05, 2019 7:20 pm

It’s fun seeing portfolio reach all time highs and tomorrow will break the streak. But I know that market fluctuates and market drops are good for us accumulators.

TropikThunder
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Re: Futures Down

Post by TropikThunder » Sun May 05, 2019 7:24 pm

fortfun wrote:
Sun May 05, 2019 6:37 pm
antiqueman wrote:
Sun May 05, 2019 5:36 pm
Futures are down a lot, Wonder why?
I'm sitting on too much cash. I'd like to buy some stocks tomorrow :)
Hopefully that cash is recent, since VTI would have to drop about 20% to get as low as it was during the December Massacre (which nobody called it .....). :P

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fortfun
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Re: Futures Down

Post by fortfun » Sun May 05, 2019 7:30 pm

TropikThunder wrote:
Sun May 05, 2019 7:24 pm
fortfun wrote:
Sun May 05, 2019 6:37 pm
antiqueman wrote:
Sun May 05, 2019 5:36 pm
Futures are down a lot, Wonder why?
I'm sitting on too much cash. I'd like to buy some stocks tomorrow :)
Hopefully that cash is recent, since VTI would have to drop about 20% to get as low as it was during the December Massacre (which nobody called it .....). :P
Still kicking myself for not buying then :oops: Currently, I'm DCAing on the drops. Not sure this technique is recommended but I can't bring myself to throw all the extra cash in at once (in case of another December massacre).

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Re: Futures Down

Post by z3r0c00l » Sun May 05, 2019 8:03 pm

Agree that this isn't a major market move, but can't share the cavalier attitude. When off-the-cuff political decisions cost me thousands of dollars at a moment's notice, it is hard to just go watch a TV show and forget about it. The silver lining is that, eventually, some deal will be made and then stocks will rally. Too bad that all this volatility had to happen for a year+ in the interim.

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TheTimeLord
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Re: Futures Down

Post by TheTimeLord » Sun May 05, 2019 8:07 pm

z3r0c00l wrote:
Sun May 05, 2019 8:03 pm
Agree that this isn't a major market move, but can't share the cavalier attitude. When off-the-cuff political decisions cost me thousands of dollars at a moment's notice, it is hard to just go watch a TV show and forget about it. The silver lining is that, eventually, some deal will be made and then stocks will rally. Too bad that all this volatility had to happen for a year+ in the interim.
Your attitude only makes sense to me if you believe this is the beginning for something long term, meaning years. Short term volatility is opportunity in my book.
Last edited by TheTimeLord on Sun May 05, 2019 8:09 pm, edited 1 time in total.
IMHO, Investing should be about living the life you want, not avoiding the life you fear. | Run, You Clever Boy! [9085]

dcop
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Re: Futures Down

Post by dcop » Sun May 05, 2019 8:08 pm

antiqueman wrote:
Sun May 05, 2019 5:36 pm
Futures are down a lot, Wonder why?
There is a reason and you can easily find it on Google News.

Bacchus01
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Re: Futures Down

Post by Bacchus01 » Sun May 05, 2019 8:15 pm

z3r0c00l wrote:
Sun May 05, 2019 8:03 pm
Agree that this isn't a major market move, but can't share the cavalier attitude. When off-the-cuff political decisions cost me thousands of dollars at a moment's notice, it is hard to just go watch a TV show and forget about it. The silver lining is that, eventually, some deal will be made and then stocks will rally. Too bad that all this volatility had to happen for a year+ in the interim.
Why do you think a deal will be made? China has had massive import tariffs for decades.

tibbitts
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Re: Futures Down

Post by tibbitts » Sun May 05, 2019 9:02 pm

z3r0c00l wrote:
Sun May 05, 2019 8:03 pm
Agree that this isn't a major market move, but can't share the cavalier attitude. When off-the-cuff political decisions cost me thousands of dollars at a moment's notice, it is hard to just go watch a TV show and forget about it. The silver lining is that, eventually, some deal will be made and then stocks will rally. Too bad that all this volatility had to happen for a year+ in the interim.
Those off-the-cuff decisions cut both ways, so you realize you'd lose the upside if you lost the downside?

stocknoob4111
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Re: Futures Down

Post by stocknoob4111 » Sun May 05, 2019 9:08 pm

In the news: China is considering canceling their trade meeting this week in relaliation to Trump's threat

So, it looks like this fiasco may drag on for a while, perhaps next few months...

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TheTimeLord
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Re: Futures Down

Post by TheTimeLord » Sun May 05, 2019 9:14 pm

stocknoob4111 wrote:
Sun May 05, 2019 9:08 pm
In the news: China is considering canceling their trade meeting this week in relaliation to Trump's threat

So, it looks like this fiasco may drag on for a while, perhaps next few months...
Wouldn't be the worse thing to deal with. A short term pullback would give some opportunity to buy at lower levels without doing significant damage to others.
IMHO, Investing should be about living the life you want, not avoiding the life you fear. | Run, You Clever Boy! [9085]

AlphaLess
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Re: Futures Down

Post by AlphaLess » Sun May 05, 2019 9:15 pm

Das Tariff Mann Hath Spoken.
"You can get more with a kind word and a gun than with just a kind word." George Washington

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TheTimeLord
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Re: Futures Down

Post by TheTimeLord » Sun May 05, 2019 9:18 pm

AlphaLess wrote:
Sun May 05, 2019 9:15 pm
Das Tariff Mann Hath Spoken.
Der Tarifmann hath spoken.

Most world languages have nouns that are either masculine or feminine. German goes them one better and adds a third gender: neuter. The masculine definite article (“the”) is der, the feminine is die, and the neuter form is das. German speakers have had many years to learn whether wagen (car) is der or die or das.
Last edited by TheTimeLord on Sun May 05, 2019 9:20 pm, edited 1 time in total.
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BeneIRA
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Re: Futures Down

Post by BeneIRA » Sun May 05, 2019 9:18 pm

I'm just going to leave this here:

DOW on May 5, 2009: 8,410.65
DOW on May 5, 2019: 26,504.95

S&P 500 on May 5, 2009: 903.80
S&P 500 on May 5, 2019: 2,945.64.

I am so unconcerned about the DOW dropping 500 points it is concerning.

AlphaLess
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Re: Futures Down

Post by AlphaLess » Sun May 05, 2019 9:20 pm

TheTimeLord wrote:
Sun May 05, 2019 9:18 pm
AlphaLess wrote:
Sun May 05, 2019 9:15 pm
Das Tariff Mann Hath Spoken.
Der Tariff Mann hath spoken.

Most world languages have nouns that are either masculine or feminine. German goes them one better and adds a third gender: neuter. The masculine definite article (“the”) is der, the feminine is die, and the neuter form is das. German speakers have had many years to learn whether wagen (car) is der or die or das.
Ausgezeichnet

Also, long live the volatility!
Because without risk, there is no reward.
Last edited by AlphaLess on Sun May 05, 2019 9:21 pm, edited 1 time in total.
"You can get more with a kind word and a gun than with just a kind word." George Washington

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TheTimeLord
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Re: Futures Down

Post by TheTimeLord » Sun May 05, 2019 9:20 pm

BeneIRA wrote:
Sun May 05, 2019 9:18 pm
I'm just going to leave this here:

DOW on May 5, 2009: 8,410.65
DOW on May 5, 2019: 26,504.95

S&P 500 on May 5, 2009: 903.80
S&P 500 on May 5, 2019: 2,945.64.

I am so unconcerned about the DOW dropping 500 points it is concerning.
I am unconcerned about the DOW's existence.
IMHO, Investing should be about living the life you want, not avoiding the life you fear. | Run, You Clever Boy! [9085]

AlphaLess
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Re: Futures Down

Post by AlphaLess » Sun May 05, 2019 9:22 pm

am wrote:
Sun May 05, 2019 7:20 pm
It’s fun seeing portfolio reach all time highs and tomorrow will break the streak. But I know that market fluctuates and market drops are good for us accumulators.
Amen to that!

I would appreciate another ZERO on that drop. May this 500 point drop turn into 5000 point, or if Market Gods willing, 10000 point drop.
"You can get more with a kind word and a gun than with just a kind word." George Washington

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TheTimeLord
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Re: Futures Down

Post by TheTimeLord » Sun May 05, 2019 9:25 pm

AlphaLess wrote:
Sun May 05, 2019 9:20 pm
TheTimeLord wrote:
Sun May 05, 2019 9:18 pm
AlphaLess wrote:
Sun May 05, 2019 9:15 pm
Das Tariff Mann Hath Spoken.
Der Tariff Mann hath spoken.

Most world languages have nouns that are either masculine or feminine. German goes them one better and adds a third gender: neuter. The masculine definite article (“the”) is der, the feminine is die, and the neuter form is das. German speakers have had many years to learn whether wagen (car) is der or die or das.
Ausgezeichnet

Also, long live the volatility!
Because without risk, there is no reward.
Now you can laugh every time you see a Der Wienerschnitzel restaurant.
IMHO, Investing should be about living the life you want, not avoiding the life you fear. | Run, You Clever Boy! [9085]

stocknoob4111
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Re: Futures Down

Post by stocknoob4111 » Sun May 05, 2019 9:26 pm

BeneIRA wrote:
Sun May 05, 2019 9:18 pm
I am so unconcerned about the DOW dropping 500 points it is concerning.
It's not just about points dropping, too much of a drop causes all sorts of knock on effects... the wealth effect fades, people start tightening spending, that affects other things, corporations pull back on new projects due to sentiment etc. Infact, this was quite evident in tech last Dec. when a lot of companies froze new projects due to concern on where the market was going.

So yes, market drops may not be of any concern to long term buy and hold investors, it does concern those of us who are in the work force and dependent on jobs to accumulate our wealth.

BeneIRA
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Re: Futures Down

Post by BeneIRA » Sun May 05, 2019 9:27 pm

TheTimeLord wrote:
Sun May 05, 2019 9:20 pm
BeneIRA wrote:
Sun May 05, 2019 9:18 pm
I'm just going to leave this here:

DOW on May 5, 2009: 8,410.65
DOW on May 5, 2019: 26,504.95

S&P 500 on May 5, 2009: 903.80
S&P 500 on May 5, 2019: 2,945.64.

I am so unconcerned about the DOW dropping 500 points it is concerning.
I am unconcerned about the DOW's existence.
I am pretty sure if the DOW goes under 25,000, I reserve the right to never be happy again and complain about all of the money I have lost and how we are heading for a bear market. Also, if I buy then, I will say I bought it at a dip at a serious discount even though it is maybe 1% off.

Explorer
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Re: Futures Down

Post by Explorer » Sun May 05, 2019 9:28 pm

Good thing I am due to invest some of my paycheck tomorrow into the market - and I might get a sale price?

I look at "fear" days as opportunities to buy (more). And I do nothing on "greed" days.

And by the way, there are only two kinds of days in the market: fear and greed.
Last edited by Explorer on Sun May 05, 2019 9:30 pm, edited 1 time in total.

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TheTimeLord
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Re: Futures Down

Post by TheTimeLord » Sun May 05, 2019 9:29 pm

stocknoob4111 wrote:
Sun May 05, 2019 9:26 pm
BeneIRA wrote:
Sun May 05, 2019 9:18 pm
I am so unconcerned about the DOW dropping 500 points it is concerning.
It's not just about points dropping, too much of a drop causes all sorts of knock on effects... the wealth effect fades, people start tightening spending, that affects other things, corporations pull back on new projects due to sentiment etc. Infact, this was quite evident in tech last Dec. when a lot of companies froze new projects due to concern on where the market was going.

So yes, market drops may not be of any concern to long term buy and hold investors, it does concern those of us who are in the work force and dependent on jobs to accumulate our wealth.
Do some research on how frequently the market drops 1% or more in single day. Not all that unusual.
IMHO, Investing should be about living the life you want, not avoiding the life you fear. | Run, You Clever Boy! [9085]

BeneIRA
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Re: Futures Down

Post by BeneIRA » Sun May 05, 2019 9:38 pm

stocknoob4111 wrote:
Sun May 05, 2019 9:26 pm
BeneIRA wrote:
Sun May 05, 2019 9:18 pm
I am so unconcerned about the DOW dropping 500 points it is concerning.
It's not just about points dropping, too much of a drop causes all sorts of knock on effects... the wealth effect fades, people start tightening spending, that affects other things, corporations pull back on new projects due to sentiment etc. Infact, this was quite evident in tech last Dec. when a lot of companies froze new projects due to concern on where the market was going.

So yes, market drops may not be of any concern to long term buy and hold investors, it does concern those of us who are in the work force and dependent on jobs to accumulate our wealth.
I am in the workforce and my wealth is dependent on my having a job. If a tech company such as Apple with over $250 billion in the bank or Google, Microsoft, etc, is concerned about small moves in the market when we have had a historic run up, then maybe something is amiss. My company did absolutely nothing. If the DOW falls below 20,000, I expect there will be changes but December was such a small blip on the screen. No one will notice it five or ten years from now. I remember when the market went up or down 300 points everyday for what seemed like months back when that meant something.

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Re: Futures Down

Post by stocknoob4111 » Sun May 05, 2019 9:44 pm

TheTimeLord wrote:
Sun May 05, 2019 9:29 pm
Do some research on how frequently the market drops 1% or more in single day. Not all that unusual.
Obviously not talking about a 1% drop in the markets, people are more concerned about something like December repeating, a 20% drop which does cause sentiment to change. I know this because it was echoed by several tech people in that month. I work in tech and know many hiring managers.
BeneIRA wrote:
Sun May 05, 2019 9:38 pm
I am in the workforce and my wealth is dependent on my having a job. If a tech company such as Apple with over $250 billion in the bank or Google,
The corporate landscape is a lot more than just behemoths like Apple and Google... most don't work for those companies. Companies routinely lay off staff to boost their bottom line in a declining market. As I said market sentiment can affect everything, it is all interlinked in a consumer driven economy. December was unique because the market rebounded very quickly so not enough time for anyone to even react... however if the decline had continued and lingered on for many quarters I can bet you there would be an effect.

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Re: Futures Down

Post by LadyGeek » Sun May 05, 2019 10:07 pm

I removed an off-topic comment (political). This thread has run its course and is locked (topic exhausted, no longer discussion futures). See: Locked Topics
Moderators or site admins may lock a topic (set it so no more replies may be added) when a violation of posting policy has occurred. Occasionally, even if there are no overt violations of posting policy, a topic (or thread) will reach a point where the information content of the discussion has been essentially exhausted and further replies are much more likely to cause distress to the community than add anything of value.
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