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Wed Aug 14, 2019, 04:19 PM

Dow closes −800.49

Please explain

40 replies, 1043 views

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Arrow 40 replies Author Time Post
Reply Dow closes −800.49 (Original post)
malaise Aug 14 OP
MFM008 Aug 14 #1
TheBlackAdder Aug 14 #27
CountAllVotes Aug 14 #2
spanone Aug 14 #3
lpbk2713 Aug 14 #13
denbot Aug 14 #4
lordsummerisle Aug 14 #5
ooky Aug 14 #6
Ilsa Aug 14 #14
liberal N proud Aug 14 #7
C_U_L8R Aug 14 #8
duforsure Aug 14 #9
essme Aug 14 #10
kentuck Aug 14 #11
Demovictory9 Aug 14 #12
lame54 Aug 14 #15
hatrack Aug 14 #16
cbdo2007 Aug 14 #17
empedocles Aug 14 #28
Blue_true Aug 14 #38
marble falls Aug 14 #18
lpbk2713 Aug 14 #19
imanamerican63 Aug 14 #20
A HERETIC I AM Aug 14 #21
Blue_true Aug 14 #39
maxsolomon Aug 14 #22
Hermit-The-Prog Aug 14 #23
PoindexterOglethorpe Aug 14 #24
herding cats Aug 14 #25
OnDoutside Aug 14 #26
empedocles Aug 14 #29
OnDoutside Aug 14 #30
empedocles Aug 14 #32
empedocles Aug 14 #31
kentuck Aug 14 #33
Gothmog Aug 14 #34
malaise Aug 14 #35
Yo_Mama_Been_Loggin Aug 14 #36
Blue_true Aug 14 #37
Joe941 Aug 14 #40

Response to malaise (Original post)

Wed Aug 14, 2019, 04:21 PM

1. Possibly

The upheaval in the Asian markets due to the situation in Hong Kong.

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Response to MFM008 (Reply #1)

Wed Aug 14, 2019, 05:17 PM

27. ... or it's clobberin' time!

.



.

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Response to malaise (Original post)

Wed Aug 14, 2019, 04:22 PM

2. Failed suicide watch

n/t




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Response to malaise (Original post)

Wed Aug 14, 2019, 04:23 PM

3. We have an economic moron in the White House surrounded by sycophants.

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Response to spanone (Reply #3)

Wed Aug 14, 2019, 04:31 PM

13. Trump has filed Chapter 11 six times.



And no financial institution in their right mind will give him credit.
He'll take them down with him every time.


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Response to malaise (Original post)

Wed Aug 14, 2019, 04:23 PM

4. And Shitler tweeted "Winning!".

WTF!?!?

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Response to malaise (Original post)

Wed Aug 14, 2019, 04:24 PM

5. A Trump planned buying opportunity? n/t

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Response to malaise (Original post)

Wed Aug 14, 2019, 04:25 PM

6. It will pick up at least 500 points tomorrow.

It's a flat market.

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Response to ooky (Reply #6)

Wed Aug 14, 2019, 04:34 PM

14. Yeah, there will be buyers looking

For a "good deal" tomorrow morning.

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Response to malaise (Original post)

Wed Aug 14, 2019, 04:25 PM

7. So much winning

So much

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Response to malaise (Original post)

Wed Aug 14, 2019, 04:26 PM

8. Goodbye Trump.

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Response to malaise (Original post)

Wed Aug 14, 2019, 04:27 PM

9. Let the trump excuses begin,

It's the Feds chairmanship fault, the Democrats are to blame,it's Obama's fault, the immigrants are to blame, China is to blame, Iran is behind this, it's minorities, the Islamists caused this, and it all the fake news, and of course it's Hillary,s fault. It's never this con man and liars fault.

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Response to malaise (Original post)

Wed Aug 14, 2019, 04:30 PM

10. Probably a combination of things

I think the market has been artificially high for some time. Companies are buying back their own stock, etc. It's due for a normal correction. Add in the political unrest in Hong Kong, the tariffs we read about all the time, and many people are moving their money to bonds because they just don't trust the current climate.

Mix in that jackwit in the WH, and yep--- it's going to drop. I think it will continue to for awhile yet.

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Response to malaise (Original post)

Wed Aug 14, 2019, 04:31 PM

11. Will it be up or down tomorrow?

It was still going down when the markets closed.

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Response to malaise (Original post)

Wed Aug 14, 2019, 04:31 PM

12. too much drama from the WH

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Response to malaise (Original post)

Wed Aug 14, 2019, 04:35 PM

15. It'll be up tomorrow...

It's all so meaningless

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Response to malaise (Original post)

Wed Aug 14, 2019, 04:35 PM

16. Thanks, Obama!!

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Response to malaise (Original post)

Wed Aug 14, 2019, 04:42 PM

17. A much bigger drop is on the way, just a matter of when.

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Response to cbdo2007 (Reply #17)

Wed Aug 14, 2019, 05:21 PM

28. There is a one- two punch waiting to go off against this artificialy high market.

First, is many players know the market is both artificially high and artificially long lasted. Second, is the frenzied corporate buyback programs which pushed stock and market prices, [to the tremendous advantage for executive bonus options] - will be even harder on the downside of the market.

When is an open, scary question

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Response to cbdo2007 (Reply #17)

Wed Aug 14, 2019, 07:59 PM

38. Yes.

Today was just an oueduerve.

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Response to malaise (Original post)

Wed Aug 14, 2019, 04:42 PM

18. Simple explaination: Donnie Two Scoops and his world class brain.

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Response to malaise (Original post)

Wed Aug 14, 2019, 04:42 PM

19. Putin really likes that boy he put in the White House.



The damage he has done should last for decades.

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Response to malaise (Original post)

Wed Aug 14, 2019, 04:42 PM

20. It's Trump's "WINNING" ways!

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Response to malaise (Original post)

Wed Aug 14, 2019, 04:43 PM

21. The trigger for the sell off was apparently the report that the 2yr Treasury bond...

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Response to A HERETIC I AM (Reply #21)

Wed Aug 14, 2019, 08:01 PM

39. The Yield Curve has inverted at least once before under Trump. nt

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Response to malaise (Original post)

Wed Aug 14, 2019, 04:49 PM

22. Does Wall St. enjoy his attacks on the Fed?

You'd think they'd like the Feds to have some slack in Interest Rates.

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Response to malaise (Original post)

Wed Aug 14, 2019, 04:53 PM

23. maybe dead cat bouncing?

There are MAGAts in the markets.

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Response to malaise (Original post)

Wed Aug 14, 2019, 05:02 PM

24. Yawn.

When I saw that the market was down a lot today my first thought was, what new stupid policy did Trump announce today?

As others have already said, it will probably go up 500 points tomorrow. Trying to time the market isn't a good idea. Time in the market yields good results.

Keep in mind, the market periodically posts new highs. It's been an extremely long time since it last posted a new low.

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Response to malaise (Original post)

Wed Aug 14, 2019, 05:12 PM

25. Germany and China's economies are contracting

A sign Trump's tariffs are destabilizing global markets.

US 2 year treasury bonds surpassed 10 year bonds (an event called an inversion) which is an economic sign a recession is most likely coming in the next 12-15 months.

Also, Hong Kong is as close to a Tiananmen Square event as we could see in modern times.

Oh, and then there's the moron in the White House conducting policy via tweet. That never goes well. 🤷🏻‍♀️

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Response to malaise (Original post)

Wed Aug 14, 2019, 05:13 PM

26. It's a mere flesh wound ....

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Response to OnDoutside (Reply #26)

Wed Aug 14, 2019, 05:22 PM

29. Your joke may have serious legs. You may be repeating it from time to time.

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Response to empedocles (Reply #29)

Wed Aug 14, 2019, 05:29 PM

30. To be fair, I may have used it once or twice already in a Trumpian context.

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Response to OnDoutside (Reply #30)

Wed Aug 14, 2019, 05:40 PM

32. 'may have used it once or twice already' - another joke



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Response to empedocles (Reply #29)

Wed Aug 14, 2019, 05:36 PM

31. Henny Youngman's joke of 'How's your [spouse]? Answer, ' . . . compared to what?'

Still going strong.

[Bear market jokes go on and on].

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Response to malaise (Original post)

Wed Aug 14, 2019, 07:24 PM

33. The Cat runs behind the couch...

"Fucking OWW!", he says.

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Response to malaise (Original post)

Wed Aug 14, 2019, 07:28 PM

34. Here is a great comparison of stock market performance under each POTUS

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Response to Gothmog (Reply #34)

Wed Aug 14, 2019, 07:31 PM

35. Oh My!

So much winning!

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Response to malaise (Original post)

Wed Aug 14, 2019, 07:33 PM

36. Trump's a fucking idiot

Tariffs and credit card economics are catching up with him.

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Response to malaise (Original post)

Wed Aug 14, 2019, 07:55 PM

37. A key recession indicator pointed to a recession for the first time

in a decade today. Wall Street pays attention when something like that happens. The economy seems to be a plane that has run out of fuel, drifting before plunging. Honestly, to get Trump out of office, I am willing to endure the pain of a recession.

The gap between 2 year and 10 year bonds dropped to below zero (inverted) in BOTH the USA and the U.K.

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Response to malaise (Original post)

Wed Aug 14, 2019, 08:46 PM

40. My 401k is doing horrible!

I'll never retire....

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