U.S. stocks in free fall

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columbia
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Re: U.S. stocks in free fall

Post by columbia » Tue Oct 08, 2019 7:40 pm

Hydromod wrote:
Tue Oct 08, 2019 7:34 pm
It looks like we may have a forgettable decade in front of us, if the information in my thread "Now is a good time to be an early accumulator " is right.
A market crash would take care of that (if your concern is valuations).

retiringwhen
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Re: U.S. stocks in free fall

Post by retiringwhen » Tue Oct 08, 2019 8:11 pm

Bluce wrote:
Tue Oct 08, 2019 7:33 pm
Stinky wrote:
Tue Oct 08, 2019 6:17 pm
retiringwhen wrote:
Tue Oct 08, 2019 3:28 pm
I am taping this to refrigerator to end quarrels at the dinner table :-)
You argue about stock prices at the dinner table??

:oops:
Doesn't everybody? :confused :shock:
Let's just say that when I was a kid the Encyclopedia Britannica regularly got splatter with spaghetti sauce during dinner "discussions". There was a very memorable incident related to the Speed of Light that is still remembered to this day.

That has carried over a bit into the next generation.

stocknoob4111
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Re: U.S. stocks in free fall

Post by stocknoob4111 » Tue Oct 08, 2019 8:33 pm

Hydromod wrote:
Tue Oct 08, 2019 7:34 pm
It looks like we may have a forgettable decade in front of us, if the information in my thread "Now is a good time to be an early accumulator " is right.
If the market crashes around 30% right now I am fine with that... I am contributing a lot and will get a chance to lower my cost basis. I would rather not buy stocks at sky high valuations for the next 10 years and then have a crash when I stop contributing. This sideways market of the last 2 years is awful for me as I don't get to lower my cost but at the same time there are no gains either. It's a totally losing proposition.

Of course, a crash does not benefit those who are winding down their contributions and heading to retirement... with every scenario there are winners and losers.

lostdog
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Re: U.S. stocks in free fall

Post by lostdog » Wed Oct 09, 2019 8:07 am

2015 and 2016 were sideways also, correct? We've had 4 years of sideways in this supposed 10 year media labeled bull market.
VTWAX and chill.

EnjoyIt
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Re: U.S. stocks in free fall

Post by EnjoyIt » Wed Oct 09, 2019 8:52 am

Sideways is OK. Gives valuations time to catchup while bonds paying out some interest and I add to the accounts from w2 income. I predict, sometime in the future we will have a 10% run up in under 3 months.

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willthrill81
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Re: U.S. stocks in free fall

Post by willthrill81 » Wed Oct 09, 2019 10:05 am

lostdog wrote:
Wed Oct 09, 2019 8:07 am
2015 and 2016 were sideways also, correct? We've had 4 years of sideways in this supposed 10 year media labeled bull market.
U.S. stocks have returned 9.69% nominal, 7.67% real, since 2015. I'd take that every five years from here on out with great satisfaction.

While we are not in a '10 year bull market', the media likes to refer to it that way because they strongly imply that that means that the 'music is about to stop', which history says it doesn't, but fear helps them get clicks and viewers.
“It's a dangerous business, Frodo, going out your door. You step onto the road, and if you don't keep your feet, there's no knowing where you might be swept off to.” J.R.R. Tolkien,The Lord of the Rings

lostdog
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Re: U.S. stocks in free fall

Post by lostdog » Wed Oct 09, 2019 10:21 am

willthrill81 wrote:
Wed Oct 09, 2019 10:05 am
lostdog wrote:
Wed Oct 09, 2019 8:07 am
2015 and 2016 were sideways also, correct? We've had 4 years of sideways in this supposed 10 year media labeled bull market.
U.S. stocks have returned 9.69% nominal, 7.67% real, since 2015. I'd take that every five years from here on out with great satisfaction.

While we are not in a '10 year bull market', the media likes to refer to it that way because they strongly imply that that means that the 'music is about to stop', which history says it doesn't, but fear helps them get clicks and viewers.
+1, especially the bold comment.
VTWAX and chill.

robertmcd
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Re: U.S. stocks in free fall

Post by robertmcd » Wed Oct 09, 2019 10:27 am

Yields tell the real story. 10 yr is 1.7% lower than it was a year ago. Only reason stocks are at their current levels.

2 rate cuts already, another 25 bps cut priced in for October, QE on the way.

What happens when stocks struggle when we are at a 0% Fed funds rate and the 10 yr is sub 1%? That is where we are headed.

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willthrill81
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Re: U.S. stocks in free fall

Post by willthrill81 » Wed Oct 09, 2019 10:49 am

robertmcd wrote:
Wed Oct 09, 2019 10:27 am
Yields tell the real story. 10 yr is 1.7% lower than it was a year ago. Only reason stocks are at their current levels.
It's hard to say. The 'Fed model' (i.e. interest rates drive stocks' value) may have some predictive value, but it's only one of many factors impacting stocks and certainly has a far bigger impact on bonds.
“It's a dangerous business, Frodo, going out your door. You step onto the road, and if you don't keep your feet, there's no knowing where you might be swept off to.” J.R.R. Tolkien,The Lord of the Rings

MotoTrojan
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Re: U.S. stocks in free fall

Post by MotoTrojan » Wed Oct 09, 2019 10:54 am

robertmcd wrote:
Wed Oct 09, 2019 10:27 am
Yields tell the real story. 10 yr is 1.7% lower than it was a year ago. Only reason stocks are at their current levels.

2 rate cuts already, another 25 bps cut priced in for October, QE on the way.

What happens when stocks struggle when we are at a 0% Fed funds rate and the 10 yr is sub 1%? That is where we are headed.
The Fed will signal a prolonged period of remaining at 0%, and buy the 10 yr until it’s deeply negative. I cry with joy as my EDV and equities pop together.

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J G Bankerton
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Re: U.S. stocks in free fall

Post by J G Bankerton » Wed Oct 09, 2019 11:49 am

EnjoyIt wrote:
Wed Oct 09, 2019 8:52 am
Sideways is OK.
Especially if one is in the accumulation phase, buy the dips.

H-Town
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Re: U.S. stocks in free fall

Post by H-Town » Wed Oct 09, 2019 6:14 pm

https://www.marketwatch.com/story/us-st ... bullytweet
U.S. stock futures sank late Wednesday, after a report that lower-level U.S.-China trade talks have made "no progress" in resolving the yearlong trade war. The Hong Kong-based South China Morning Post reported late Wednesday that talks this week to lay the groundwork for high-level negotiations starting Thursday have made no headway on critical issues, and that the main negotiations have been cut from two days to just one day, with the Chinese delegation now scheduled to leave Washington on Thursday. China reportedly refused to consider changes to forced transfers of technology, a main concern of the U.S. Dow Jones Industrial Average futures YM00, -1.10% immediately fell nearly 300 points, or 1%. S%P 500 futures ES00, -1.15% and Nasdaq Composite futures NQ00, -1.39% were also down more than 1%.
Lock and load!

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ReformedSpender
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Re: U.S. stocks in free fall

Post by ReformedSpender » Wed Oct 09, 2019 8:43 pm

*yawn*

Wake me up when we get a series of 3%+ single day drops or another 20%+ correction. Everything else is just noise in this bunny market

:beer
Market history shows that when there's economic blue sky, future returns are low, and when the economy is on the skids, future returns are high. The best fishing is done in the most stormy waters.

MotoTrojan
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Re: U.S. stocks in free fall

Post by MotoTrojan » Wed Oct 09, 2019 9:24 pm

ReformedSpender wrote:
Wed Oct 09, 2019 8:43 pm
*yawn*

Wake me up when we get a series of 3%+ single day drops or another 20%+ correction. Everything else is just noise in this bunny market

:beer
+1. Then I would start stretching a bit to front load my accounts.

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Re: U.S. stocks in free fall

Post by stocknoob4111 » Wed Oct 09, 2019 10:49 pm

H-Town wrote:
Wed Oct 09, 2019 6:14 pm
Lock and load!
recovered already based on reports that Huawei may be getting some concessions... in this market if you get some bad news then wait 2 hours it will change LOL! :mrgreen:

H-Town
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Re: U.S. stocks in free fall

Post by H-Town » Thu Oct 10, 2019 12:03 am

stocknoob4111 wrote:
Wed Oct 09, 2019 10:49 pm
H-Town wrote:
Wed Oct 09, 2019 6:14 pm
Lock and load!
recovered already based on reports that Huawei may be getting some concessions... in this market if you get some bad news then wait 2 hours it will change LOL! :mrgreen:
Oh well... back to October baseball then. :mrgreen:

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J G Bankerton
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Re: U.S. stocks in free fall

Post by J G Bankerton » Thu Oct 10, 2019 5:42 am

H-Town wrote:
Thu Oct 10, 2019 12:03 am
stocknoob4111 wrote:
Wed Oct 09, 2019 10:49 pm
H-Town wrote:
Wed Oct 09, 2019 6:14 pm
Lock and load!
recovered already based on reports that Huawei may be getting some concessions... in this market if you get some bad news then wait 2 hours it will change LOL! :mrgreen:
Oh well... back to October baseball then. :mrgreen:
Whipsaw, the brokers always win. I'm in the wrong business.

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willthrill81
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Re: U.S. stocks in free fall

Post by willthrill81 » Thu Oct 10, 2019 11:51 am

H-Town wrote:
Wed Oct 09, 2019 6:14 pm
https://www.marketwatch.com/story/us-st ... bullytweet
U.S. stock futures sank late Wednesday, after a report that lower-level U.S.-China trade talks have made "no progress" in resolving the yearlong trade war. The Hong Kong-based South China Morning Post reported late Wednesday that talks this week to lay the groundwork for high-level negotiations starting Thursday have made no headway on critical issues, and that the main negotiations have been cut from two days to just one day, with the Chinese delegation now scheduled to leave Washington on Thursday. China reportedly refused to consider changes to forced transfers of technology, a main concern of the U.S. Dow Jones Industrial Average futures YM00, -1.10% immediately fell nearly 300 points, or 1%. S%P 500 futures ES00, -1.15% and Nasdaq Composite futures NQ00, -1.39% were also down more than 1%.
Lock and load!
Another 'sure thing' turns out to not be. The S&P 500 is up .63% right now.

I'm never ceased to be amazed at how disparate what happens in the futures markets can be from what happens during normal trading hours.
“It's a dangerous business, Frodo, going out your door. You step onto the road, and if you don't keep your feet, there's no knowing where you might be swept off to.” J.R.R. Tolkien,The Lord of the Rings

TheDDC
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Re: U.S. stocks in free fall

Post by TheDDC » Thu Oct 10, 2019 11:55 am

If I actually wanted 1% real returns then I sure wouldn't be investing for the long haul. Who would?

Ignore the noise and keep it piled into the market using a pitchfork.

-TheDDC
Refreshingly, a double barrel shotgun blast of truth...

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Doom&Gloom
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Re: U.S. stocks in free fall

Post by Doom&Gloom » Thu Oct 10, 2019 2:09 pm

How far this thread has fallen!

We have progressed from commenting on actual stock market dips and plunges to commenting on the predictions of it falling. Sad.

retiringwhen
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Re: U.S. stocks in free fall

Post by retiringwhen » Thu Oct 10, 2019 2:52 pm

Doom&Gloom wrote:
Thu Oct 10, 2019 2:09 pm
How far this thread has fallen!

We have progressed from commenting on actual stock market dips and plunges to commenting on the predictions of it falling. Sad.
Well if the market doesn't provide a bonafide down-draft leading to a free fall, then something has to create noise and fear!

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Re: U.S. stocks in free fall

Post by LadyGeek » Thu Oct 10, 2019 4:07 pm

I removed a post and several replies related to baby boomers and retirement plan RMDs (Required Minimum Disitributions). The thread was getting derailed.

Please stay on-topic.
Wiki To some, the glass is half full. To others, the glass is half empty. To an engineer, it's twice the size it needs to be.

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AerialWombat
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Re: U.S. stocks in free fall

Post by AerialWombat » Fri Oct 11, 2019 10:51 am

The free fall thread needed some love today, so...

I don’t think today’s intraday uptick will last. Even the idea that vague “news” items can push the S&P500 up by 1.6% in a single morning helps reinforce the notion that my 30/70 AA is the right choice. I get to avoid most of this roller coaster ride, and when the big free fall really does come, I won’t cringe.

G’day, free fallers! :sharebeer
“Life doesn’t come with a warranty.” -Michael LeBoeuf

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AnalogKid22
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Re: U.S. stocks in free fall

Post by AnalogKid22 » Fri Oct 11, 2019 10:56 am

AerialWombat wrote:
Fri Oct 11, 2019 10:51 am
The free fall thread needed some love today, so...

I don’t think today’s intraday uptick will last. Even the idea that vague “news” items can push the S&P500 up by 1.6% in a single morning helps reinforce the notion that my 30/70 AA is the right choice. I get to avoid most of this roller coaster ride, and when the big free fall really does come, I won’t cringe.

G’day, free fallers! :sharebeer
Indeed. These random upticks related to "hopes of a trade deal" are pure speculation and could simply lead failure to catch a falling knife.

Lee_WSP
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Re: U.S. stocks in free fall

Post by Lee_WSP » Fri Oct 11, 2019 11:04 am

AerialWombat wrote:
Fri Oct 11, 2019 10:51 am
The free fall thread needed some love today, so...

I don’t think today’s intraday uptick will last. Even the idea that vague “news” items can push the S&P500 up by 1.6% in a single morning helps reinforce the notion that my 30/70 AA is the right choice. I get to avoid most of this roller coaster ride, and when the big free fall really does come, I won’t cringe.

G’day, free fallers! :sharebeer
The temporary hit to bonds is kind of painful though. I feel the opposite when stocks are in free fall again. Oh well, cest la vie.

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goodenyou
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Re: U.S. stocks in free fall

Post by goodenyou » Fri Oct 11, 2019 11:18 am

Lee_WSP wrote:
Fri Oct 11, 2019 11:04 am
AerialWombat wrote:
Fri Oct 11, 2019 10:51 am
The free fall thread needed some love today, so...

I don’t think today’s intraday uptick will last. Even the idea that vague “news” items can push the S&P500 up by 1.6% in a single morning helps reinforce the notion that my 30/70 AA is the right choice. I get to avoid most of this roller coaster ride, and when the big free fall really does come, I won’t cringe.

G’day, free fallers! :sharebeer
The temporary hit to bonds is kind of painful though. I feel the opposite when stocks are in free fall again. Oh well, cest la vie.
You can start a “Bonds in Free Fall” thread.
"Ignorance more frequently begets confidence than does knowledge" | Do you know how to make a rain dance work? Dance until it rains.

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J G Bankerton
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Re: U.S. stocks in free fall

Post by J G Bankerton » Fri Oct 11, 2019 11:24 am

AerialWombat wrote:
Fri Oct 11, 2019 10:51 am
The free fall thread needed some love today, so...

I don’t think today’s intraday uptick will last.
Do we have join one gang or the other, Bulls or Bears, to post? :confused

H-Town
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Re: U.S. stocks in free fall

Post by H-Town » Fri Oct 11, 2019 11:52 am

AerialWombat wrote:
Fri Oct 11, 2019 10:51 am
The free fall thread needed some love today, so...

I don’t think today’s intraday uptick will last. Even the idea that vague “news” items can push the S&P500 up by 1.6% in a single morning helps reinforce the notion that my 30/70 AA is the right choice. I get to avoid most of this roller coaster ride, and when the big free fall really does come, I won’t cringe.

G’day, free fallers! :sharebeer
30/70 AA? Come on! That's like floating down the lazy river. No fun at all. Come to the roller coaster and have fun!!! We are all about that life! 100% or nothing.


:mrgreen: :beer :sharebeer

MotoTrojan
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Re: U.S. stocks in free fall

Post by MotoTrojan » Fri Oct 11, 2019 1:16 pm

H-Town wrote:
Fri Oct 11, 2019 11:52 am
AerialWombat wrote:
Fri Oct 11, 2019 10:51 am
The free fall thread needed some love today, so...

I don’t think today’s intraday uptick will last. Even the idea that vague “news” items can push the S&P500 up by 1.6% in a single morning helps reinforce the notion that my 30/70 AA is the right choice. I get to avoid most of this roller coaster ride, and when the big free fall really does come, I won’t cringe.

G’day, free fallers! :sharebeer
30/70 AA? Come on! That's like floating down the lazy river. No fun at all. Come to the roller coaster and have fun!!! We are all about that life! 100% or nothing.


:mrgreen: :beer :sharebeer
Leveraged equity holder allowed to be part of the fun too?? What my about small value (nice day today)?

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Bluce
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Re: U.S. stocks in free fall

Post by Bluce » Fri Oct 11, 2019 1:25 pm

AerialWombat wrote:
Fri Oct 11, 2019 10:51 am
The free fall thread needed some love today, so...

I don’t think today’s intraday uptick will last. Even the idea that vague “news” items can push the S&P500 up by 1.6% in a single morning helps reinforce the notion that my 30/70 AA is the right choice. I get to avoid most of this roller coaster ride, and when the big free fall really does come, I won’t cringe.

G’day, free fallers! :sharebeer
Imma 30/70 guy too! :mrgreen:

stocknoob4111
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Re: U.S. stocks in free fall

Post by stocknoob4111 » Fri Oct 11, 2019 3:24 pm

S&P 500 had a huge sell off in the last 10 minutes giving up half it's gains... that does not inspire much confidence in this rally.

CoAndy
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Re: U.S. stocks in free fall

Post by CoAndy » Fri Oct 11, 2019 3:33 pm

Finished up 1.09%. Nice end to the week. :beer

lostdog
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Re: U.S. stocks in free fall

Post by lostdog » Fri Oct 11, 2019 3:35 pm

stocknoob4111 wrote:
Fri Oct 11, 2019 3:24 pm
S&P 500 had a huge sell off in the last 10 minutes giving up half it's gains... that does not inspire much confidence in this rally.
People taking profits? Any idea?
VTWAX and chill.

stocknoob4111
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Re: U.S. stocks in free fall

Post by stocknoob4111 » Fri Oct 11, 2019 3:37 pm

CoAndy wrote:
Fri Oct 11, 2019 3:33 pm
Finished up 1.09%. Nice end to the week. :beer
It was up almost 2% earlier... I think up a paltry 1% on such a MAJOR positive development is negative in my view especially since we were still under the old highs even with the earlier gain. I would've liked to see a stronger showing and the sell off at the end makes me think twice if it's going to hold up next week. Also noticed that volume unexpectedly jumped during the final 10 minutes of strong selling.

This does not look too good:

Image

In addition, International performance was largely underwhelming at 0.6% given how much it's lost to all the turbulence, it could not even recoup a decent percentage point today.

lostdog
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Re: U.S. stocks in free fall

Post by lostdog » Fri Oct 11, 2019 3:41 pm

stocknoob4111 wrote:
Fri Oct 11, 2019 3:37 pm
CoAndy wrote:
Fri Oct 11, 2019 3:33 pm
Finished up 1.09%. Nice end to the week. :beer
It was up almost 2% earlier... I think up a paltry 1% on such a MAJOR positive development is negative in my view especially since we were still under the old highs even with the earlier gain. I would've liked to see a stronger showing and the sell off at the end makes me think twice if it's going to hold up next week. Also noticed that volume unexpectedly jumped during the final 10 minutes of strong selling.

This does not look too good:

Image

In addition, International performance was largely underwhelming at 0.6% given how much it's lost to all the turbulence, it could not even recoup a decent percentage point today.
I see international at 1.6%.
VTWAX and chill.

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Re: U.S. stocks in free fall

Post by stocknoob4111 » Fri Oct 11, 2019 3:55 pm

lostdog wrote:
Fri Oct 11, 2019 3:41 pm
I see international at 1.6%.
sorry, my bad... I was mistakenly looking at the Mutual Fund instead of the ETF which was the price from yesterday :oops:

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Re: U.S. stocks in free fall

Post by H-Town » Fri Oct 11, 2019 4:33 pm

Sorry - someone needs to take profit too..... 3:50 ET is the perfect time to do it.

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Re: U.S. stocks in free fall

Post by MotoTrojan » Fri Oct 11, 2019 5:26 pm

H-Town wrote:
Fri Oct 11, 2019 4:33 pm
Sorry - someone needs to take profit too..... 3:50 ET is the perfect time to do it.
Not sure if I am allowed to say this but I read somewhere that a presidential press-conference gave more info on the trade deal right as the market was closing... would that not be a better explanation?

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Re: U.S. stocks in free fall

Post by grettman » Fri Oct 11, 2019 5:44 pm

MotoTrojan wrote:
Fri Oct 11, 2019 5:26 pm
H-Town wrote:
Fri Oct 11, 2019 4:33 pm
Sorry - someone needs to take profit too..... 3:50 ET is the perfect time to do it.
Not sure if I am allowed to say this but I read somewhere that a presidential press-conference gave more info on the trade deal right as the market was closing... would that not be a better explanation?
I read the same thing. And yes there was more info given but it wasn’t negative in any way that I could tell. Tariffs won’t go into effect next week as previously planned is what the news was...

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Re: U.S. stocks in free fall

Post by Lee_WSP » Fri Oct 11, 2019 7:09 pm

lostdog wrote:
Fri Oct 11, 2019 3:35 pm
stocknoob4111 wrote:
Fri Oct 11, 2019 3:24 pm
S&P 500 had a huge sell off in the last 10 minutes giving up half it's gains... that does not inspire much confidence in this rally.
People taking profits? Any idea?
Looking at the candlesticks, it appears as though the demand ran out around 3:45 and that was followed by a massive sell-off probably triggered by trailing stop loss orders.

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Re: U.S. stocks in free fall

Post by MotoTrojan » Fri Oct 11, 2019 8:16 pm

grettman wrote:
Fri Oct 11, 2019 5:44 pm
MotoTrojan wrote:
Fri Oct 11, 2019 5:26 pm
H-Town wrote:
Fri Oct 11, 2019 4:33 pm
Sorry - someone needs to take profit too..... 3:50 ET is the perfect time to do it.
Not sure if I am allowed to say this but I read somewhere that a presidential press-conference gave more info on the trade deal right as the market was closing... would that not be a better explanation?
I read the same thing. And yes there was more info given but it wasn’t negative in any way that I could tell. Tariffs won’t go into effect next week as previously planned is what the news was...
It wasn’t “negative”, hence markets still closing up, but it obviously wasn’t as positive as people thought based on the earlier tweet-tease.

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Re: U.S. stocks in free fall

Post by AerialWombat » Sat Oct 12, 2019 2:20 am

H-Town wrote:
Fri Oct 11, 2019 11:52 am
30/70 AA? Come on! That's like floating down the lazy river. No fun at all. Come to the roller coaster and have fun!!! We are all about that life! 100% or nothing.
For the public securities portion of my portfolio, I’m content with the lazy river. I get more than enough heartburn in private equity and real estate to make up for it.
“Life doesn’t come with a warranty.” -Michael LeBoeuf

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J G Bankerton
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Re: U.S. stocks in free fall

Post by J G Bankerton » Sat Oct 12, 2019 9:47 am

MotoTrojan wrote:
Fri Oct 11, 2019 8:16 pm
grettman wrote:
Fri Oct 11, 2019 5:44 pm
MotoTrojan wrote:
Fri Oct 11, 2019 5:26 pm
H-Town wrote:
Fri Oct 11, 2019 4:33 pm
Sorry - someone needs to take profit too..... 3:50 ET is the perfect time to do it.
Not sure if I am allowed to say this but I read somewhere that a presidential press-conference gave more info on the trade deal right as the market was closing... would that not be a better explanation?
I read the same thing. And yes there was more info given but it wasn’t negative in any way that I could tell. Tariffs won’t go into effect next week as previously planned is what the news was...
It wasn’t “negative”, hence markets still closing up, but it obviously wasn’t as positive as people thought based on the earlier tweet-tease.
Buy the rumor sell the news. :?

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Re: U.S. stocks in free fall

Post by Lee_WSP » Sat Oct 12, 2019 10:05 am

J G Bankerton wrote:
Sat Oct 12, 2019 9:47 am
MotoTrojan wrote:
Fri Oct 11, 2019 8:16 pm
grettman wrote:
Fri Oct 11, 2019 5:44 pm
MotoTrojan wrote:
Fri Oct 11, 2019 5:26 pm
H-Town wrote:
Fri Oct 11, 2019 4:33 pm
Sorry - someone needs to take profit too..... 3:50 ET is the perfect time to do it.
Not sure if I am allowed to say this but I read somewhere that a presidential press-conference gave more info on the trade deal right as the market was closing... would that not be a better explanation?
I read the same thing. And yes there was more info given but it wasn’t negative in any way that I could tell. Tariffs won’t go into effect next week as previously planned is what the news was...
It wasn’t “negative”, hence markets still closing up, but it obviously wasn’t as positive as people thought based on the earlier tweet-tease.
Buy the rumor sell the news. :?
I'm pretty sure the big news has yet to drop. Reuters reported a tentative agreement was agreed to late Friday night. So equities may well gap up Monday.

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J G Bankerton
Posts: 1429
Joined: Thu Sep 14, 2017 3:30 pm

Re: U.S. stocks in free fall

Post by J G Bankerton » Sat Oct 12, 2019 2:13 pm

Lee_WSP wrote:
Sat Oct 12, 2019 10:05 am
J G Bankerton wrote:
Sat Oct 12, 2019 9:47 am
MotoTrojan wrote:
Fri Oct 11, 2019 8:16 pm
grettman wrote:
Fri Oct 11, 2019 5:44 pm
MotoTrojan wrote:
Fri Oct 11, 2019 5:26 pm


Not sure if I am allowed to say this but I read somewhere that a presidential press-conference gave more info on the trade deal right as the market was closing... would that not be a better explanation?
I read the same thing. And yes there was more info given but it wasn’t negative in any way that I could tell. Tariffs won’t go into effect next week as previously planned is what the news was...
It wasn’t “negative”, hence markets still closing up, but it obviously wasn’t as positive as people thought based on the earlier tweet-tease.
Buy the rumor sell the news. :?
I'm pretty sure the big news has yet to drop. Reuters reported a tentative agreement was agreed to late Friday night. So equities may well gap up Monday.
The market has factored in an agreement. Well not an "agreement" but a truce.

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HomerJ
Posts: 13324
Joined: Fri Jun 06, 2008 12:50 pm

Re: U.S. stocks in free fall

Post by HomerJ » Wed Oct 16, 2019 8:28 pm

Hydromod wrote:
Tue Oct 08, 2019 7:34 pm
It looks like we may have a forgettable decade in front of us, if the information in my thread "Now is a good time to be an early accumulator " is right.
I was accumulating during the 2000s... And I'm rich today. Sad, but disciplined, for ten years totally paid off.

Just like the people who started investing in the 1960s and 1970s saw basically zero return for 16 years... but if they saved diligently, saw all 16 years of saving grow 10x (TEN times!) by 1999.
The J stands for Jay

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J G Bankerton
Posts: 1429
Joined: Thu Sep 14, 2017 3:30 pm

Re: U.S. stocks in free fall

Post by J G Bankerton » Thu Oct 17, 2019 1:26 pm

HomerJ wrote:
Wed Oct 16, 2019 8:28 pm
I was accumulating during the 2000s...
Accumulating is the key. Given enough time it can't lose.

stocknoob4111
Posts: 805
Joined: Sun Jan 07, 2018 12:52 pm

Re: U.S. stocks in free fall

Post by stocknoob4111 » Tue Oct 22, 2019 10:58 pm

Is this the point of reversal? Today was a down day and futures are down for tomorrow.... Amazon and Microsoft earnings will be the ones to watch.

Lee_WSP
Posts: 1134
Joined: Fri Apr 19, 2019 5:15 pm
Location: Arizona

Re: U.S. stocks in free fall

Post by Lee_WSP » Tue Oct 22, 2019 11:08 pm

I hope not. I need to cash out at the top. :beer

:oops: :wink: lol

MotoTrojan
Posts: 6448
Joined: Wed Feb 01, 2017 8:39 pm

Re: U.S. stocks in free fall

Post by MotoTrojan » Wed Oct 23, 2019 12:19 am

stocknoob4111 wrote:
Tue Oct 22, 2019 10:58 pm
Is this the point of reversal? Today was a down day and futures are down for tomorrow.... Amazon and Microsoft earnings will be the ones to watch.
Back up the truck!

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