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Old 05-05-2019, 11:26 PM
 
Location: SC
8,793 posts, read 8,185,995 times
Reputation: 12994

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Futures are over 400 points down...

https://finance.yahoo.com/news/u-sto...004818734.html

 
Old 05-06-2019, 05:12 AM
 
Location: Tucson/Nogales
23,269 posts, read 29,128,134 times
Reputation: 32669
Alan Greenspan referred to the stock market as fickle, unpredictable. He saw no earthly reason for the big crash in 1987, and he saw no earthly reason for the stock market to skyrocket during the mid to late 90's. The stock market can find the most flimsy reason for it to go up or down.
 
Old 05-06-2019, 05:17 AM
 
Location: western East Roman Empire
9,401 posts, read 14,353,080 times
Reputation: 10162
I make more money when the stock market goes down, as long as it's limited to no more than 10% or so over a quarter.

So volatility is quite welcome.

Helpful when lots of fickle people actually take seriously windbag politicians of any stripe.

After some twists and turns, US economy would be just fine without seemingly inextricable entanglements with China.
 
Old 05-06-2019, 05:44 AM
 
Location: Boston
20,192 posts, read 9,096,659 times
Reputation: 18920
buy on rumor, sell on results.
 
Old 05-06-2019, 11:08 AM
 
Location: East Coast of the United States
27,674 posts, read 28,776,586 times
Reputation: 25257
Quote:
Originally Posted by blktoptrvl View Post
Futures are over 400 points down...

https://finance.yahoo.com/news/u-sto...004818734.html
You were absolutely silent when the stock market hit an all-time record high just 3 days ago.

Hmm... I wonder why. LOL
 
Old 05-06-2019, 11:11 AM
 
106,961 posts, read 109,241,493 times
Reputation: 80372
i just killed all my fund buys ... nothing is down enough now to warrant using my dry powder ...

it was different when i put the orders in and we were down 540 ... but now it is down nothing special .. i will look later
 
Old 05-06-2019, 11:12 AM
 
Location: NE Mississippi
25,637 posts, read 17,379,102 times
Reputation: 37405
Quote:
Originally Posted by blktoptrvl View Post
Futures are over 400 points down...

https://finance.yahoo.com/news/u-sto...004818734.html
If you had bought worthwhile stocks the day Trump was sworn in, you wold have much more money now.
 
Old 05-06-2019, 11:37 AM
 
Location: Aurora Denveralis
8,712 posts, read 6,791,281 times
Reputation: 13503
Quote:
Originally Posted by BigCityDreamer View Post
You were absolutely silent when the stock market hit an all-time record high just 3 days ago.

Hmm... I wonder why. LOL
So you think it's okay when DJT says stupid, pointless things that can cause major financial fluctuations? Okay.
 
Old 05-06-2019, 12:14 PM
 
Location: NE Mississippi
25,637 posts, read 17,379,102 times
Reputation: 37405
Quote:
Originally Posted by Quietude View Post
So you think it's okay when DJT says stupid, pointless things that can cause major financial fluctuations? Okay.
The greatest major fluctuation was caused by his election. Today's fluctuations are less than 1%.
 
Old 05-06-2019, 12:19 PM
 
Location: Aurora Denveralis
8,712 posts, read 6,791,281 times
Reputation: 13503
Quote:
Originally Posted by Listener2307 View Post
The greatest major fluctuation was caused by his election. Today's fluctuations are less than 1%.
Not really a rationalization no matter what your political position. If Elon Musk is being dragged over the coals (rightly, IMHO) for some stupid, sloppy tweets that tipped Tesla's financial future, having one of the most influential people on earth babble nonstop, usually false when not entirely subjective BS about critical economic issues should be... criminal.

But nah, it's just the Toddler-in-Chief playing wid mommy's cell phone.
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