Okay, as someone with no knowledge whatsoever regarding what this means can someone tell me like I'm a high schooler?
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Stock Market Watch |OT| I've stocked up on market watches, what now?
- Thread starter Mr.Awesome
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Welp, I'll be sure to not look at those after hours trading #s smfh
I love how this thread is being kept open for commentary, but yeah Trump screwed up the markets again today.
The markets actually were rising off of Powell's commentary this morning and then Trump went on his tweet storm to bring it down. And now with the escalation in tariffs there will be more downside to come.
Trump is going to crush US business and consumer with these tariffs, and is doing technical damage to the stock market again. The irony of today is stock market ETFs were getting close to making technical reversals and now Trump made this recovery a lot harder. Embrace the volatility because the market will continue to be 100 percent headline driven and I expect some more wild swings up and down over the next couple months, if not longer. Bear markets have rallies too, sometimes heavy ones.
The markets actually were rising off of Powell's commentary this morning and then Trump went on his tweet storm to bring it down. And now with the escalation in tariffs there will be more downside to come.
Trump is going to crush US business and consumer with these tariffs, and is doing technical damage to the stock market again. The irony of today is stock market ETFs were getting close to making technical reversals and now Trump made this recovery a lot harder. Embrace the volatility because the market will continue to be 100 percent headline driven and I expect some more wild swings up and down over the next couple months, if not longer. Bear markets have rallies too, sometimes heavy ones.
Traders in my company are coming in on SUNDAY because of Trump's announcement being after the close.
This is going to be a shit show.
This is going to be a shit show.
Especially against a country that has a government that doesn't have to worry about getting re-elected and has more control over it's people and companies than our government does.
I could see the fascist fuck using that as a talking point.
I wonder if he is doing this on purpose to manipulate the market, driving down company valuation so his crony friends can make investments before the eventual bounce back. Sounds crazy, but weirder things have occurred.
That might be an end result that the Republican Party and investors are hoping for, but the man himself isn't that bright.
Imagine Sony wants to sell a PS5 for $599 US dollars. With a 10% tariff, the US will charge Sony $60 for every PS5 they import. With a 15% tariff, the US will charge Sony $90 for every PS5 they import. Sony can either eat the cost, or pass it to the consumer (raise prices), or do some combination of the two.
(Sony is a Japanese company but the PS5s will presumably be built and imported from China)
OP
OP
So mostly recovered from all these big down days, but still about 500 points off the all time high.
The reason: market is thristy for rate decreases and think that the 20th time China and the U.S. saying they're coming back to the negotiating table means something.
Given all the uncertainty and Tweeting, the market's current situation is way better than I could have hoped for back in the summer.
Glad I didn't panic sell!
I think the historical trend states that the stock market continues to ascend after a yield inversion for about a year.
Looking at the trend on my portfolio, it tends to happen at around the same level too.
and the dow has grown exponentially more where in the past 600 points would represent a larger shift
Lmao, i mean obviously my take isn't unique at all & has been said many times, but damn people actually tracking it.
Yup, we're bumping this thread again.
Dow is down about 500 points this morning, lost 350 points yesterday following bad news for U.S. manufacturing.
Dow is down about 500 points this morning, lost 350 points yesterday following bad news for U.S. manufacturing.
There is no other way to look at it.
Trump's tariffs on foreign materials has wrecked the last vestiges of US manufacturing.
Trump's tariffs on foreign materials has wrecked the last vestiges of US manufacturing.
Their families may end up starving, but at least they got to own a few libs along the way.
What are people expecting when your president is tweeting out threats of a coup d'état and a civil war. Of course there is no faith in the US financial system.
Destroy the country and the environment to own the libs.
That's what we are dealing with right now. It should terrify every sane person.
But but
He built buildings in New York right before the housing boom
That makes him a business genius
Don't mind his failures, let's just focus on Trump branded attire at J.C. Penney and how he had a tv show
He built buildings in New York right before the housing boom
That makes him a business genius
Don't mind his failures, let's just focus on Trump branded attire at J.C. Penney and how he had a tv show
s&p 500 is getting really close to testing 283. However it has the fact that it is really really over sold up to 4 hour timeframe. I'm expecting a bounce today, maybe into tomorrow. With a possible drop again tomorrow due to the economic data coming out.
He's blaming the Fed of course, not his own tariffs.
lol
Get this fuckhead out of the White House, PLEASE.
lol
Get this fuckhead out of the White House, PLEASE.
About -600 at the moment.
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