User avatar
WarRI1
Topic Author
Posts: 12726
Joined: Thu Sep 20, 2007 10:51 am

Re: Stocks sheds all 2018 gains, 600 points today

Wed Dec 05, 2018 4:33 am

WarRI1 wrote:
https://www.msn.com/en-us/money/markets/dow-closes-600-points-higher-in-biggest-rally-in-8-months/ar-BBQbHVY

Thank the Fed???



Just an update

https://www.cnn.com/2018/12/04/investin ... index.html 799 down today.
It is better to die on your feet, than live on your knees.
 
bagoldex
Posts: 1027
Joined: Thu Jan 25, 2007 3:33 pm

Re: Stocks sheds all 2018 gains, 600 points today

Wed Dec 05, 2018 4:50 am

WarRI1 wrote:
WarRI1 wrote:
https://www.msn.com/en-us/money/markets/dow-closes-600-points-higher-in-biggest-rally-in-8-months/ar-BBQbHVY

Thank the Fed???



Just an update

https://www.cnn.com/2018/12/04/investin ... index.html 799 down today.


Image
 
KICT
Posts: 815
Joined: Fri Jun 16, 2017 11:54 pm

Re: Stocks sheds all 2018 gains, 600 points today

Wed Dec 05, 2018 5:21 am

I am growing tired of all this winning. My head is spinning.
People are saying. Believe me.
 
wingman
Posts: 3638
Joined: Thu May 27, 1999 4:25 am

Re: Stocks sheds all 2018 gains, 600 points today

Wed Dec 05, 2018 6:03 pm

Big recession coming boys, buckle up for some real nastiness. I predict Trump will go down as the most reviled 1 term president in history. All he really had going for him was the little coke party he threw with his tax cuts. Now morning time is here and the ATM is all tapped out folks.
 
User avatar
WarRI1
Topic Author
Posts: 12726
Joined: Thu Sep 20, 2007 10:51 am

Re: Stocks sheds all 2018 gains, 600 points today

Thu Dec 06, 2018 2:21 am

KICT wrote:
I am growing tired of all this winning. My head is spinning.



I wonder where all the guys went who were making all that money about the time I started this thread ? Silence as usual from the BSer's.
It is better to die on your feet, than live on your knees.
 
User avatar
WarRI1
Topic Author
Posts: 12726
Joined: Thu Sep 20, 2007 10:51 am

Re: Stocks sheds all 2018 gains, 600 points today

Thu Dec 06, 2018 2:23 am

wingman wrote:
Big recession coming boys, buckle up for some real nastiness. I predict Trump will go down as the most reviled 1 term president in history. All he really had going for him was the little coke party he threw with his tax cuts. Now morning time is here and the ATM is all tapped out folks.



Everyone I know is starting to see the truth as you point out, a little late for many and painful for us all down here in reality land.
It is better to die on your feet, than live on your knees.
 
User avatar
Dieuwer
Posts: 1062
Joined: Tue Dec 26, 2017 6:27 pm

Re: Stocks sheds all 2018 gains, 600 points today

Sat Dec 08, 2018 1:49 am

wingman wrote:
Big recession coming boys, buckle up for some real nastiness. I predict Trump will go down as the most reviled 1 term president in history. All he really had going for him was the little coke party he threw with his tax cuts. Now morning time is here and the ATM is all tapped out folks.


"It's the economy, STUPID".

That famous quote will probably be Trumps undoing. Stock market already rolling over. I bet it will be lower than when Trump entered office (seems like a recurring theme with GOP presidents). Yield curve as flat as a pancake. One more rate hike, it inverts, and we WILL have a recession (will have one soon anyway). And with the trade war going on with pretty much everyone else in the world, imports are getting very expensive, making American products that need materials from abroad ALSO very expensive, eventually leading to job losses.

So we will have higher unemployment, decimated pensions, and an angry mass of voters come 2020.
Winning? LOSING!!
 
User avatar
WarRI1
Topic Author
Posts: 12726
Joined: Thu Sep 20, 2007 10:51 am

Re: Stocks sheds all 2018 gains, 600 points today

Sat Dec 08, 2018 2:28 am

Coming to a city near you if this screwing of the people continues in the US and elsewhere. Madam Guillotine awaits for the unwary and the wealthy and exploiters.

https://www.france24.com/en/20181206-pr ... ike-france
It is better to die on your feet, than live on your knees.
 
User avatar
einsteinboricua
Posts: 7074
Joined: Thu Apr 15, 2010 4:11 pm

Re: Stocks sheds all 2018 gains, 600 points today

Sat Dec 08, 2018 2:43 am

It's also worth noting that out of the DJIA's top 5 largest point losses, 4 have happened this year alone (and they all take the top 4 spots, with the top 2 happening the same week). If we go to the top 10 losses, then 5 happened this year alone; top 20, then 10 happened this year.

On the gaining side, for the top 5 largest point gains, 2 have happened this year; top 10, 5; top 20, 8.

Not exactly comforting news if the market is experiencing high volatility and you're getting close to retirement and want your money stable. Sure the losses COULD be temporary or they COULD also point toward uncertainty in the economy.
"You haven't seen a tree until you've seen its shadow from the sky."
 
User avatar
WarRI1
Topic Author
Posts: 12726
Joined: Thu Sep 20, 2007 10:51 am

Re: Stocks sheds all 2018 gains, 600 points today

Sat Dec 08, 2018 2:49 am

einsteinboricua wrote:
It's also worth noting that out of the DJIA's top 5 largest point losses, 4 have happened this year alone (and they all take the top 4 spots, with the top 2 happening the same week). If we go to the top 10 losses, then 5 happened this year alone; top 20, then 10 happened this year.

On the gaining side, for the top 5 largest point gains, 2 have happened this year; top 10, 5; top 20, 8.

Not exactly comforting news if the market is experiencing high volatility and you're getting close to retirement and want your money stable. Sure the losses COULD be temporary or they COULD also point toward uncertainty in the economy.



As someone who comfortably retired 21 years ago, to see this must be terrifying to those who did not, or could not, or will not be able to in the future. I know many who are being hurt, including me. Our broker has no answers, and he has admitted so. We diversified, but it still hurts.
It is better to die on your feet, than live on your knees.
 
User avatar
WarRI1
Topic Author
Posts: 12726
Joined: Thu Sep 20, 2007 10:51 am

Re: Stocks sheds all 2018 gains, 600 points today

Sat Dec 15, 2018 1:51 am

I will not bother with a link,, another 500 points down today, or close enough.
It is better to die on your feet, than live on your knees.
 
User avatar
WarRI1
Topic Author
Posts: 12726
Joined: Thu Sep 20, 2007 10:51 am

Re: Stocks sheds all 2018 gains, 600 points today

Sat Dec 15, 2018 1:56 am

It is better to die on your feet, than live on your knees.
 
A3801000
Posts: 507
Joined: Sat Oct 08, 2016 5:12 pm

Re: Stocks sheds all 2018 gains, 600 points today

Mon Dec 17, 2018 9:21 pm

S&P 500 is now down since Congress and Trump cut the tax rate on corporate profits.
Now at a 14-month low.
Dow Junes today: −507.53 (-2.11%)
 
User avatar
casinterest
Posts: 8076
Joined: Sat Feb 12, 2005 5:30 am

Re: Stocks sheds all 2018 gains, 600 points today

Mon Dec 17, 2018 10:15 pm

A3801000 wrote:
S&P 500 is now down since Congress and Trump cut the tax rate on corporate profits.
Now at a 14-month low.
Dow Junes today: −507.53 (-2.11%)



Trump and the Republican party are just readying the US for bankruptcy filing.
Where ever you go, there you are.
 
User avatar
trpmb6
Posts: 2274
Joined: Thu Apr 19, 2018 5:45 pm

Re: Stocks sheds all 2018 gains, 600 points today

Mon Dec 17, 2018 10:34 pm

A3801000 wrote:
S&P 500 is now down since Congress and Trump cut the tax rate on corporate profits.
Now at a 14-month low.
Dow Junes today: −507.53 (-2.11%)



How does the tax reform bill have anything to do with the status of the stock market? Honestly looking for how the two could be linked. If anything it should help these companies. Maybe the tax reform bill delayed the inevitable? Or more than likely, people are just cashing in their "winnings" at this point and selling off ahead of the impending recession we're about to enter.
 
User avatar
WarRI1
Topic Author
Posts: 12726
Joined: Thu Sep 20, 2007 10:51 am

Re: Stocks sheds all 2018 gains, 600 points today

Tue Dec 18, 2018 2:11 am

trpmb6 wrote:
A3801000 wrote:
S&P 500 is now down since Congress and Trump cut the tax rate on corporate profits.
Now at a 14-month low.
Dow Junes today: −507.53 (-2.11%)



How does the tax reform bill have anything to do with the status of the stock market? Honestly looking for how the two could be linked. If anything it should help these companies. Maybe the tax reform bill delayed the inevitable? Or more than likely, people are just cashing in their "winnings" at this point and selling off ahead of the impending recession we're about to enter.



The Thieves sold it as a cure all, a dose of medicine for the economy which would lift all boats as the saying goes. Jobs returning, corporations hiring, wages rising, a chicken in every pot. So far I and millions including you believers have got one thing from the dose, and that is Diarrhea. :banghead:
It is better to die on your feet, than live on your knees.
 
tommy1808
Posts: 10098
Joined: Thu Nov 21, 2013 3:24 pm

Re: Stocks sheds all 2018 gains, 600 points today

Tue Dec 18, 2018 7:11 am

casinterest wrote:
A3801000 wrote:
S&P 500 is now down since Congress and Trump cut the tax rate on corporate profits.
Now at a 14-month low.
Dow Junes today: −507.53 (-2.11%)



Trump and the Republican party are just readying the US for bankruptcy filing.


Remeber how he said the US going bankrupt could be a good idea during the campaign?

Best regards
Thomas
This Singature is a safe space......
 
salttee
Posts: 3149
Joined: Wed Jul 13, 2016 3:26 am

Re: Stocks sheds all 2018 gains, 600 points today

Tue Dec 18, 2018 7:26 am

trpmb6 wrote:
How does the tax reform bill have anything to do with the status of the stock market? Honestly looking for how the two could be linked. If anything it should help these companies. Maybe the tax reform bill delayed the inevitable? Or more than likely, people are just cashing in their "winnings" at this point and selling off ahead of the impending recession we're about to enter.

Haven't you heard? Cutting taxes makes business boom so in the end it actual increases tax revenue thus making more tax cuts necessary, and so on. We've been hearing that from the Pubbies for the last 38 years. That theory is one of Ronald Reagan's gifts to humanity.

It's all explained here: https://www.investopedia.com/terms/l/laffercurve.asp
 
User avatar
Aesma
Posts: 11100
Joined: Sat Nov 14, 2009 6:14 am

Re: Stocks sheds all 2018 gains, 600 points today

Tue Dec 18, 2018 10:35 am

trpmb6 wrote:
A3801000 wrote:
S&P 500 is now down since Congress and Trump cut the tax rate on corporate profits.
Now at a 14-month low.
Dow Junes today: −507.53 (-2.11%)


How does the tax reform bill have anything to do with the status of the stock market? Honestly looking for how the two could be linked. If anything it should help these companies. Maybe the tax reform bill delayed the inevitable? Or more than likely, people are just cashing in their "winnings" at this point and selling off ahead of the impending recession we're about to enter.


Most of the tax cut money was used to buy back shares, making them go up mechanically (and the executive bonuses with them). So yes it delayed the inevitable, which might have been evitable if other policy decisions weren't undermining the economy, like the trade war.
New Technology is the name we give to stuff that doesn't work yet. Douglas Adams
 
User avatar
trpmb6
Posts: 2274
Joined: Thu Apr 19, 2018 5:45 pm

Re: Stocks sheds all 2018 gains, 600 points today

Tue Dec 18, 2018 1:18 pm

I for one have benefited greatly from the tax reform. I'm seeing job and wage growth in my industry. I haven't seen this kind of enthusiasm since the years the 787 was being developed. Aviation is cyclical, slightly offset from the greater economy itself, but you don't see anyone on these forums talking about bad GDP numbers, bad unemployment numbers or anything else. The only thing being pointed to right now by the left is that evil wall street empire that is currently in a hold/sell pattern due to the fact that we are likely to see inflation growth.
 
afcjets
Posts: 2498
Joined: Thu Jan 01, 2015 6:20 pm

Re: Stocks sheds all 2018 gains, 600 points today

Tue Dec 18, 2018 1:24 pm

The current perception of political instability is the biggest factor. It’s a win win for Democrats if Trump is removed from office (since they ignore they would be replacing a centrist who was a lifelong Democrat with a religious conservative). Just like when the market skyrocketed as soon as he was elected, it’s going down based on the perception he might not be President much longer.
Last edited by afcjets on Tue Dec 18, 2018 1:34 pm, edited 2 times in total.
 
User avatar
trpmb6
Posts: 2274
Joined: Thu Apr 19, 2018 5:45 pm

Re: Stocks sheds all 2018 gains, 600 points today

Tue Dec 18, 2018 1:29 pm

afcjets wrote:
The current perception of political instability is the biggest factor. It’s a win win for Democrats if Trump is removed from office (since they ignore they would be replacing a centrist who was a lifelong Democrat with a religious conservative). Just like when the market skyrocketed as soon as he was elected, it’s going down based on the perception he won’t be President much longer.


While an interesting theory, I disagree. This hold/sell phase is completely due to fears about inflation which means interest rate hikes. It's a textbook set up. And that's not necessarily a bad thing. It's only bad because Trump used to taut the success of the stock market as a marker of his success. Foolish for any president imo. The market is responding to what appears to be a strengthening economy and stronger wage growth. Which is good for us peon's, bad for investors.
 
salttee
Posts: 3149
Joined: Wed Jul 13, 2016 3:26 am

Re: Stocks sheds all 2018 gains, 600 points today

Tue Dec 18, 2018 2:07 pm

Doncha think it might be due to the deficit spending and runup of national debt? Investors can't be expected to be so stupid as to not eventually wise up to the boom and bust Republican economic cycle. It looks to me as if the investing class has finally figured that one out.
 
2122M
Posts: 1095
Joined: Wed Jul 31, 2013 1:35 pm

Re: Stocks sheds all 2018 gains, 600 points today

Tue Dec 18, 2018 2:28 pm

trpmb6 wrote:
I for one have benefited greatly from the tax reform. I'm seeing job and wage growth in my industry. I haven't seen this kind of enthusiasm since the years the 787 was being developed. Aviation is cyclical, slightly offset from the greater economy itself, but you don't see anyone on these forums talking about bad GDP numbers, bad unemployment numbers or anything else. The only thing being pointed to right now by the left is that evil wall street empire that is currently in a hold/sell pattern due to the fact that we are likely to see inflation growth.


In January 2000, unemployment was about 4% and GDP growth was high. Then the market crashed in the summer of 2000 which resulted in GDP growth grinding to a hold and unemployment ticking up to over 6% in December 2002 before recovering.

Spring of 2008 saw unemployment around 5% and GDP growing by around 2%. Then the stock market crashed which resulted in the fall of '08 and a year later we're at 10% unemployment after 4 quarters of a rapidly shrinking economy.

The point I'm making is this: You can point to everything being all fine and dandy on main street despite wall street woes, but history tells us that a wall street crash is a sign of things to come, even if it takes a year or so for the worst of the effects to reach you.

But I agree with you in a way. There is no point worrying about it now. The wheels are in motion and we're all just along for the ride until we head back to the ballot box in 2020.
 
tommy1808
Posts: 10098
Joined: Thu Nov 21, 2013 3:24 pm

Re: Stocks sheds all 2018 gains, 600 points today

Tue Dec 18, 2018 2:53 pm

salttee wrote:
Doncha think it might be due to the deficit spending and runup of national debt? Investors can't be expected to be so stupid as to not eventually wise up to the boom and bust Republican economic cycle. It looks to me as if the investing class has finally figured that one out.


....and just wait until investors start looking at the national debt and start having doubts that the US will pay that ever back.

best regards
Thomas
This Singature is a safe space......
 
User avatar
einsteinboricua
Posts: 7074
Joined: Thu Apr 15, 2010 4:11 pm

Re: Stocks sheds all 2018 gains, 600 points today

Tue Dec 18, 2018 3:55 pm

trpmb6 wrote:
This hold/sell phase is completely due to fears about inflation which means interest rate hikes.

Trump disagrees, though you'd expect someone who knows about business to know about this as well.
"You haven't seen a tree until you've seen its shadow from the sky."
 
DLFREEBIRD
Posts: 999
Joined: Thu Mar 05, 2015 6:07 pm

Re: Stocks sheds all 2018 gains, 600 points today

Tue Dec 18, 2018 4:01 pm

DocLightning wrote:
trpmb6 wrote:

I'm as conservative as it comes but a 461 point gain isn't much to brag about in today's market. But economy is looking good right now despite some poor earning results this quarter, mostly in the tech sector I'd add.


The economy is still running, but current indicators is that trade deficit is growing and that the rate of growth may start to slide. I'm not rooting for America to fail, but I am well-positioned for a market slump, so I am kind of hoping for that for selfish reasons.

Buy low and all. ;)


that is very selfish, and will probably bite you in the butt.
 
User avatar
casinterest
Posts: 8076
Joined: Sat Feb 12, 2005 5:30 am

Re: Stocks sheds all 2018 gains, 600 points today

Tue Dec 18, 2018 4:04 pm

DLFREEBIRD wrote:
DocLightning wrote:
trpmb6 wrote:

I'm as conservative as it comes but a 461 point gain isn't much to brag about in today's market. But economy is looking good right now despite some poor earning results this quarter, mostly in the tech sector I'd add.


The economy is still running, but current indicators is that trade deficit is growing and that the rate of growth may start to slide. I'm not rooting for America to fail, but I am well-positioned for a market slump, so I am kind of hoping for that for selfish reasons.

Buy low and all. ;)


that is very selfish, and will probably bite you in the butt.


When people are more than 5 years out from Retirement, it is actually a great thing. For folks that don't save or are living on fixed incomes, it is not the ideal situation. But remember we had to pay for Trump's tax cuts somehow.
Where ever you go, there you are.
 
DLFREEBIRD
Posts: 999
Joined: Thu Mar 05, 2015 6:07 pm

Re: Stocks sheds all 2018 gains, 600 points today

Tue Dec 18, 2018 4:07 pm

AA747123 wrote:
Ups and down in the market will happen. What is important is the economy is the strongest its ever been in the history of our country. Remember when Trump came in to rescue from the economy from Obamas disaster, the stock market was the lowest in its history.


actually this year the stop market dropped more than it has since the depression. all the signs were there. in fact on another thread, i said i was pulling out of the market because i lost more money this year than ever before. Then someone said i must be the worse investor ever, i think it was you. I got out, and then the real blood bath hit.

so, who's the worse investor now. when all the signs are there, you stick your money elsewhere, that's the key to investing. you don't sit like a idiot and watch it go down and hope it will go back up, in 10 years times, even if you are young because sometimes that how long it takes for the economy to improve. Your President is causing this indirectly, with him plying on massive debt with his tax cuts for the 1% . you have a lot to learn about playing the stock market, and the cause and affect of having a self serving person serving in the WH. Your actually very immature and need to grow up. This is what happens to people like you. You ignore reality, when it's facing you, and become one of the walking wounded because things didn't turn out like you thought they would, when all you had to do, is pick up any book on investing, to blow through your ignorance.
 
User avatar
casinterest
Posts: 8076
Joined: Sat Feb 12, 2005 5:30 am

Re: Stocks sheds all 2018 gains, 600 points today

Tue Dec 18, 2018 4:29 pm

DLFREEBIRD wrote:
AA747123 wrote:
Ups and down in the market will happen. What is important is the economy is the strongest its ever been in the history of our country. Remember when Trump came in to rescue from the economy from Obamas disaster, the stock market was the lowest in its history.


actually this year the stop market dropped more than it has since the depression. all the signs were there. in fact on another thread, i said i was pulling out of the market because i lost more money this year than ever before. Then someone said i must be the worse investor ever, i think it was you. I got out, and then the real blood bath hit.

so, who's the worse investor now. when all the signs are there, you stick your money elsewhere, that's the key to investing. you don't sit like a idiot and watch it go down and hope it will go back up, in 10 years times, even if you are young because sometimes that how long it takes for the economy to improve. Your President is causing this indirectly, with him plying on massive debt with his tax cuts for the 1% . you have a lot to learn about playing the stock market, and the cause and affect of having a self serving person serving in the WH. Your actually very immature and need to grow up. This is what happens to people like you. You ignore reality, when it's facing you, and become one of the walking wounded because things didn't turn out like you thought they would, when all you had to do, is pick up any book on investing, to blow through your ignorance.



I honestly can't believe that you had to write this much to refute the lies of AA747123.

A picture is worth a thousand words.

https://finance.yahoo.com/quote/%5EDJI/ ... IjowfX0%3D
Where ever you go, there you are.
 
zakuivcustom
Posts: 2143
Joined: Sat Jun 10, 2017 3:32 am

Re: Stocks sheds all 2018 gains, 600 points today

Tue Dec 18, 2018 7:01 pm

casinterest wrote:
I honestly can't believe that you had to write this much to refute the lies of AA747123.

A picture is worth a thousand words.

https://finance.yahoo.com/quote/%5EDJI/ ... IjowfX0%3D


Knowing AA747123, he'll probably say "Dow is up 200 today. Winning! #MAGA #LockHerUp" (I seriously can't imitate Drumpf supporter, you know, Trumpglish is not an easy language to learn :stirthepot: ).

DLFREEBIRD wrote:
so, who's the worse investor now. when all the signs are there, you stick your money elsewhere, that's the key to investing. you don't sit like a idiot and watch it go down and hope it will go back up, in 10 years times, even if you are young because sometimes that how long it takes for the economy to improve. Your President is causing this indirectly, with him plying on massive debt with his tax cuts for the 1% . you have a lot to learn about playing the stock market, and the cause and affect of having a self serving person serving in the WH. Your actually very immature and need to grow up. This is what happens to people like you. You ignore reality, when it's facing you, and become one of the walking wounded because things didn't turn out like you thought they would, when all you had to do, is pick up any book on investing, to blow through your ignorance.


Two word. Trade War. Before Trade War (aka 2017) stocks were going up and up. After Drumpf being his Trade War BS (aka 2018), stock market has been literally flat. But hey, all those stock buybacks is suppose to help people.

But hey, US budget deficit doesn't matter nowaday anyway (In President Cheney's word), trade deficit that is growing? Check. But hey, Drumpf has the Democrat House to blame everything on once company start to layoff people next year, stock market drops another 10-20%, meanwhile the trade "talk" still goes nowhere. President Beto will then have to clean up the mess, only for people to go back to the R's again after that b/c the economy is too good in 2028.
 
User avatar
Dieuwer
Posts: 1062
Joined: Tue Dec 26, 2017 6:27 pm

Re: Stocks sheds all 2018 gains, 600 points today

Tue Dec 18, 2018 7:05 pm

casinterest wrote:
DLFREEBIRD wrote:
AA747123 wrote:
Ups and down in the market will happen. What is important is the economy is the strongest its ever been in the history of our country. Remember when Trump came in to rescue from the economy from Obamas disaster, the stock market was the lowest in its history.


actually this year the stop market dropped more than it has since the depression. all the signs were there. in fact on another thread, i said i was pulling out of the market because i lost more money this year than ever before. Then someone said i must be the worse investor ever, i think it was you. I got out, and then the real blood bath hit.

so, who's the worse investor now. when all the signs are there, you stick your money elsewhere, that's the key to investing. you don't sit like a idiot and watch it go down and hope it will go back up, in 10 years times, even if you are young because sometimes that how long it takes for the economy to improve. Your President is causing this indirectly, with him plying on massive debt with his tax cuts for the 1% . you have a lot to learn about playing the stock market, and the cause and affect of having a self serving person serving in the WH. Your actually very immature and need to grow up. This is what happens to people like you. You ignore reality, when it's facing you, and become one of the walking wounded because things didn't turn out like you thought they would, when all you had to do, is pick up any book on investing, to blow through your ignorance.



I honestly can't believe that you had to write this much to refute the lies of AA747123.

A picture is worth a thousand words.

https://finance.yahoo.com/quote/%5EDJI/ ... IjowfX0%3D


Image
 
User avatar
casinterest
Posts: 8076
Joined: Sat Feb 12, 2005 5:30 am

Re: Stocks sheds all 2018 gains, 600 points today

Tue Dec 18, 2018 7:16 pm

Dieuwer wrote:
casinterest wrote:
DLFREEBIRD wrote:

actually this year the stop market dropped more than it has since the depression. all the signs were there. in fact on another thread, i said i was pulling out of the market because i lost more money this year than ever before. Then someone said i must be the worse investor ever, i think it was you. I got out, and then the real blood bath hit.

so, who's the worse investor now. when all the signs are there, you stick your money elsewhere, that's the key to investing. you don't sit like a idiot and watch it go down and hope it will go back up, in 10 years times, even if you are young because sometimes that how long it takes for the economy to improve. Your President is causing this indirectly, with him plying on massive debt with his tax cuts for the 1% . you have a lot to learn about playing the stock market, and the cause and affect of having a self serving person serving in the WH. Your actually very immature and need to grow up. This is what happens to people like you. You ignore reality, when it's facing you, and become one of the walking wounded because things didn't turn out like you thought they would, when all you had to do, is pick up any book on investing, to blow through your ignorance.



I honestly can't believe that you had to write this much to refute the lies of AA747123.

A picture is worth a thousand words.

https://finance.yahoo.com/quote/%5EDJI/ ... IjowfX0%3D


Image



Ummm, why is that left hand pointed to the wrong place in 2008 before Obama took office on Jan 20 ,2009?
Where ever you go, there you are.
 
User avatar
Dieuwer
Posts: 1062
Joined: Tue Dec 26, 2017 6:27 pm

Re: Stocks sheds all 2018 gains, 600 points today

Tue Dec 18, 2018 7:57 pm

casinterest wrote:
Dieuwer wrote:
casinterest wrote:


I honestly can't believe that you had to write this much to refute the lies of AA747123.

A picture is worth a thousand words.

https://finance.yahoo.com/quote/%5EDJI/ ... IjowfX0%3D


Image



Ummm, why is that left hand pointed to the wrong place in 2008 before Obama took office on Jan 20 ,2009?


I think the year numbers are positioned in the middle of the year. If you look carefully, the vertical lines are drawn between the years numbers and denote New Years' Eve/Day,
 
User avatar
DocLightning
Posts: 21326
Joined: Wed Nov 16, 2005 8:51 am

Re: Stocks sheds all 2018 gains, 600 points today

Wed Dec 19, 2018 7:06 pm

DLFREEBIRD wrote:
that is very selfish, and will probably bite you in the butt.


One should always position oneself for such eventualities.
-Doc Lightning-

"The sky calls to us. If we do not destroy ourselves, we will one day venture to the stars."
-Carl Sagan
 
User avatar
trpmb6
Posts: 2274
Joined: Thu Apr 19, 2018 5:45 pm

Re: Stocks sheds all 2018 gains, 600 points today

Wed Dec 19, 2018 7:44 pm

If you look at that graph. One might argue that we had signs of an impending recession appear in 2015, we had two dips that stabilized but remained flat, for basically a whole year up until the 2016 election. 2017 (well November 2016) saw the rise resume and now we're back to a new flat.

Another graph I find interesting is the one at this website: https://www.macrotrends.net/2015/fed-fu ... ical-chart

If you look, For the first 7 years of the Obama presidency, the FOMC held rates at 0.20% or lower. In his last year they raised the rate to 0.40% where it stayed constant the whole year.

Since the Trump presidency began the rate has increased steadily from 0.40% to 2.20% (You may need to adjust the graph to last 5 years or 10 years to really see the data, the Fed rates in the past were ridiculous! Imagine buying a house in the 80's with those 20% fed rates in place. Nuts!)

(Also, side note, Yellen and Powell are having a press conference right now. Looks like they're raising the rate again and have opted to only target two rate increases for 2019, depending on the data that comes in)

  • The Fed take the target range for its benchmark funds rate to 2.25 percent to 2.5 percent.
  • Central bank officials now forecast two hikes next year, down from three rate raises previously projected.
  • However, the Fed continues to include in its statement that further "gradual" rate hikes would be appropriate.
  • GDP is now seen as rising 3 percent for the full year of 2018, down one-tenth of a percentage point from September, and 2.3 percent for 2019, a 0.2 percent point reduction.

https://www.cnbc.com/2018/12/19/fed-hik ... oint-.html
 
User avatar
WarRI1
Topic Author
Posts: 12726
Joined: Thu Sep 20, 2007 10:51 am

Re: Stocks sheds all 2018 gains, 600 points today

Thu Dec 20, 2018 3:03 am

https://www.cnn.com/2018/12/19/investin ... index.html


So tired of winning as was once said on here.
It is better to die on your feet, than live on your knees.
 
User avatar
trpmb6
Posts: 2274
Joined: Thu Apr 19, 2018 5:45 pm

Re: Stocks sheds all 2018 gains, 600 points today

Thu Dec 20, 2018 3:58 am

WarRI1 wrote:
https://www.cnn.com/2018/12/19/investing/stock-market-today-dow/index.html


So tired of winning as was once said on here.


Seriously cannot blame this on trump. It's in the freaking headline. The Dow was up on the day, as soon as the announcement was made in the press conference it tanked. Just another data point supporting my position that fed policy has far more influence on what is happening in the markets right now.

It literally happened as I posted my previous post. It's almost prophetic.
 
User avatar
Berevoff
Posts: 203
Joined: Fri Jun 29, 2018 3:19 pm

Re: Stocks sheds all 2018 gains, 600 points today

Thu Dec 20, 2018 4:01 am

Here's a question:

For those of you invested in the market (401k, money market, stocks, etc) have you withdrawn all your money?
 
User avatar
Tugger
Posts: 8877
Joined: Tue Apr 18, 2006 8:38 am

Re: Stocks sheds all 2018 gains, 600 points today

Thu Dec 20, 2018 5:13 am

Berevoff wrote:
Here's a question:

For those of you invested in the market (401k, money market, stocks, etc) have you withdrawn all your money?

Hell no! Why would you do that?

Tugg
I don’t know that I am unafraid to be myself, but it is hard to be somebody else. - W. Shatner
Productivity isn’t about getting more things done, rather it’s about getting the right things done, while doing less. - M. Oshin
 
User avatar
trpmb6
Posts: 2274
Joined: Thu Apr 19, 2018 5:45 pm

Re: Stocks sheds all 2018 gains, 600 points today

Thu Dec 20, 2018 1:42 pm

Berevoff wrote:
Here's a question:

For those of you invested in the market (401k, money market, stocks, etc) have you withdrawn all your money?


Wouldn't dream of it. But I'm not of the same age as WarRl1 who would be more concerned about market changes - though I would hope he's not still in the stock market (depending on age) - or market tracking funds - and as switched over to more conservative funds.

I'm still buying in fact. There are companies who are poised to do well in the near term, particularly in the aircraft manufacturing industry.
 
zakuivcustom
Posts: 2143
Joined: Sat Jun 10, 2017 3:32 am

Re: Stocks sheds all 2018 gains, 600 points today

Thu Dec 20, 2018 3:05 pm

Berevoff wrote:
Here's a question:

For those of you invested in the market (401k, money market, stocks, etc) have you withdrawn all your money?


Can you even withdraw all your money from 401k anyway (Given that you're not retiring yet)?

Of course, since I'm 30+ years away from retirement, there's not point for me to pull out - it'll eventually go back up anyway, whether it's in 1 year, 5 years, or 10 years.
 
User avatar
trpmb6
Posts: 2274
Joined: Thu Apr 19, 2018 5:45 pm

Re: Stocks sheds all 2018 gains, 600 points today

Thu Dec 20, 2018 4:23 pm

zakuivcustom wrote:
Berevoff wrote:
Here's a question:

For those of you invested in the market (401k, money market, stocks, etc) have you withdrawn all your money?


Can you even withdraw all your money from 401k anyway (Given that you're not retiring yet)?

Of course, since I'm 30+ years away from retirement, there's not point for me to pull out - it'll eventually go back up anyway, whether it's in 1 year, 5 years, or 10 years.


Well, in regards to 401k, in many cases you can reallocate your funds and adjust the risk. So instead of a fund that tracks the S&P, you might go towards a more stable low yield fund with annual returns of 5%.
 
User avatar
Dieuwer
Posts: 1062
Joined: Tue Dec 26, 2017 6:27 pm

Re: Stocks sheds all 2018 gains, 600 points today

Fri Dec 21, 2018 8:31 pm

Now back at levels first set in June 2017. Couple more down days and the S&P500 has retraced the entire Trump presidency.
 
User avatar
einsteinboricua
Posts: 7074
Joined: Thu Apr 15, 2010 4:11 pm

Re: Stocks sheds all 2018 gains, 600 points today

Fri Dec 21, 2018 8:48 pm

Interesting how the stock market is no longer one of Trump's favorite economic indicators. I'm about to call my 401k managers and have them switch to a more conservative portfolio. The outlook for 2019 doesn't look too good.
"You haven't seen a tree until you've seen its shadow from the sky."
 
User avatar
DocLightning
Posts: 21326
Joined: Wed Nov 16, 2005 8:51 am

Re: Stocks sheds all 2018 gains, 600 points today

Fri Dec 21, 2018 9:17 pm

einsteinboricua wrote:
Interesting how the stock market is no longer one of Trump's favorite economic indicators. I'm about to call my 401k managers and have them switch to a more conservative portfolio. The outlook for 2019 doesn't look too good.


Stop. You're not even 30. Don't do jack squat to your portfolio. This is not a great time to be buying (my "start buying" line is 20,000), but just stay where you are. You have decades to recoup your losses in the last few weeks.
-Doc Lightning-

"The sky calls to us. If we do not destroy ourselves, we will one day venture to the stars."
-Carl Sagan
 
User avatar
WarRI1
Topic Author
Posts: 12726
Joined: Thu Sep 20, 2007 10:51 am

Re: Stocks sheds all 2018 gains, 600 points today

Sat Dec 22, 2018 2:51 am

DocLightning wrote:
einsteinboricua wrote:
Interesting how the stock market is no longer one of Trump's favorite economic indicators. I'm about to call my 401k managers and have them switch to a more conservative portfolio. The outlook for 2019 doesn't look too good.


Stop. You're not even 30. Don't do jack squat to your portfolio. This is not a great time to be buying (my "start buying" line is 20,000), but just stay where you are. You have decades to recoup your losses in the last few weeks.


Unfortunately those of us retired do not have that luxury of time. I sure do not hear the Orange man going anywhere near the stock market, I wonder why. At this point, we cannot but hang in there. I asked my friends yesterday how they were doing, they both said, I do not even look at it. I do not blame them. All this winning is getting expensive for retired people. I would guess many on here have parents who are retired, I wonder how the tax break for the wealthy is treating them? I wonder how much they are making in the market these days. :sarcastic:
It is better to die on your feet, than live on your knees.
 
User avatar
Jouhou
Posts: 1773
Joined: Tue May 24, 2016 4:16 am

Re: Stocks sheds all 2018 gains, 600 points today

Sat Dec 22, 2018 5:26 am

Berevoff wrote:
Here's a question:

For those of you invested in the market (401k, money market, stocks, etc) have you withdrawn all your money?


No. I'm invested in recession resistant assets and have been waiting for the inevitable downturn long predicted to happen between 2019 and 2021 so I can buy when the market hits it's next bottom.
 
seb146
Posts: 19425
Joined: Wed Dec 01, 1999 7:19 am

Re: Stocks sheds all 2018 gains, 600 points today

Sat Dec 22, 2018 6:00 am

This latest market downturn is the result of tax cuts for the rich. Because giving everything to the rich will expand everything. Like they said it would for the past 40 years.

Explain how? Please? How is this making us cashiers and truck drivers and coal miners and founders be rich? How?
You bet I'm pumped!!! I just had a green tea!!!
 
User avatar
Jouhou
Posts: 1773
Joined: Tue May 24, 2016 4:16 am

Re: Stocks sheds all 2018 gains, 600 points today

Sat Dec 22, 2018 7:31 am

seb146 wrote:
This latest market downturn is the result of tax cuts for the rich. Because giving everything to the rich will expand everything. Like they said it would for the past 40 years.

Explain how? Please? How is this making us cashiers and truck drivers and coal miners and founders be rich? How?


Let's be real here, the immediate downturn isn't because of that. It will however contribute to the longer term trend of income inequality further solidifying our status as an oligarchy.

These market slides seem to follow close behind oil/energy price drops every time there is another piece of data showing a slowdown in the global economy. It's the result of some very realistic pessimism in where the global economy is heading, especially the very noticeable slow down of the Chinese economy.

I'm becoming increasingly sure that it's actually the chinese economy that is going to trigger the next US recession.

However, the redistribution of wealth to the already wealthy will continue to be a massive drag on the quality of life in the US. It's a separate problem though. The markets are a problem in the global economy. The tax cuts are an issue for the people of the US.

Who is online

Popular Searches On Airliners.net

Top Photos of Last:   24 Hours  •  48 Hours  •  7 Days  •  30 Days  •  180 Days  •  365 Days  •  All Time

Military Aircraft Every type from fighters to helicopters from air forces around the globe

Classic Airliners Props and jets from the good old days

Flight Decks Views from inside the cockpit

Aircraft Cabins Passenger cabin shots showing seat arrangements as well as cargo aircraft interior

Cargo Aircraft Pictures of great freighter aircraft

Government Aircraft Aircraft flying government officials

Helicopters Our large helicopter section. Both military and civil versions

Blimps / Airships Everything from the Goodyear blimp to the Zeppelin

Night Photos Beautiful shots taken while the sun is below the horizon

Accidents Accident, incident and crash related photos

Air to Air Photos taken by airborne photographers of airborne aircraft

Special Paint Schemes Aircraft painted in beautiful and original liveries

Airport Overviews Airport overviews from the air or ground

Tails and Winglets Tail and Winglet closeups with beautiful airline logos