Fire Sale Monday!

[westwall]

Great time to buy up some bargain as the weak run away from the markets.

This is why you keep a percent of your portfolio in cash so you can buy in times like this.

Nope. Not yet. Wait till the bloodbath is over.

 

[Hollie]

Nope. Not yet. Wait till the bloodbath is over.

Agreed. The next several days could show a lot more selling.

 

[22lcidw]

In their world everything is tied to American politics

An old saying... if America is affected most parts of the world catches a cold. The world has a lot of interactions in economics, financials and trade. This may just be a correction as stocks have risen a lot with all of the fiat currency printing.

 

[westwall]

Agreed. The next several days could show a lot more selling.

If it's truly a worldwide crash, you wait for at least two weeks. That will give you enough info to be able to buy properly.

 

[CrazyTrader55]

One of these alone is not enough to cause a panic....but together plus the two signals for recession?

It's gonna be a rough monday....

It's 2008 all over again..... ALL of the bad news has finally accumulated and people running for the exits.
I'm 90% bonds in my trading account and have been all year long. No worries. I bought a bit of DRV last week and we'll see if that starts shooting up!

I mean, let's face it.... the market can only shrug off the threat of nuclear war for so long, massive inflation for so long, 35 trillion in debt for so long, layoffs at big tech like INTC for so long, horrible political leadership for so long.... and on and on

 

[Hollie]

If it's truly a worldwide crash, you wait for at least two weeks. That will give you enough info to be able to buy properly.

Yep. My broker emailed and wrote, “ the world goes the way of the US financial markets. This will be ugly but not a time to panic sell”.

 

[CrazyTrader55]

I sold out across the board 8 months ago. I kept one stock in each of my holdings as a placeholder to rebuy after the crash.

You were early but there's nothing wrong with that strategy!

 

[Moonglow]

That was a typically stupid comment.

Why would you deny the truth?

 

[Moonglow]

Markets globally are affected by American politics.

No they are influenced by US data on financial activity.

 

[AyeCantSeeYou]

The "crash" started last Thursday. There were signs it was going to happen long before that; you just needed to know what to look at. I'm actually surprised it didn't happen much earlier in the year. Buy the dips and ride it out.

 

[Harpy Eagle]

It's 2008 all over again..... ALL of the bad news has finally accumulated and people running for the exits.
I'm 90% bonds in my trading account and have been all year long. No worries. I bought a bit of DRV last week and we'll see if that starts shooting up!

I mean, let's face it.... the market can only shrug off the threat of nuclear war for so long, massive inflation for so long, 35 trillion in debt for so long, layoffs at big tech like INTC for so long, horrible political leadership for so long.... and on and on

 

[1srelluc]

Implied opening as of now....-1232

Looks like it's gonna be Mr. Toad's Wild Ride today.

 

[Hollie]

No they are influenced by US data on financial activity.

Sheesh. And what activity is pointed to by a terrible jobs report and higher inflation?

 

[1srelluc]

The market went south in a big way on the jobs report Friday and nervous investors have to wait a month for the next one. They don't even care about the other indicators coming out this week.

 

[Andrew_Jackson_FTW]

People might wanna look into double or triple inverse leveraged stocks. Meaning that if a stock goes down 1% you actually gain 2-3%. But it is quite risky. But I saw some of these inverse leveraged stocks are up 15% just tonight and about 80% on the month

Some of these inverse leverage stocks are up 40% plus in the past three hours

 

[Andrew_Jackson_FTW]

Cut the crap sir.

Amazon, meta-Facebook, NVIDIA Microsoft all down 15% in the past few hours

Setting up a big loss for the market today potentially

 

[Hollie]

The market went south in a big way on the jobs report Friday and nervous investors have to wait a month for the next one. They don't even care about the other indicators coming out this week.

Yep. The jobs report was a boat anchor that had a weekend to weigh down the markets.

 

[1srelluc]

Yep. The jobs report was a boat anchor that had a weekend to weigh down the markets.

Yeah, I guess the .gov will have to start hiring in a big way again given that is all that's propping-up the job numbers as it is.

 

[Hollie]

Yeah, I guess the .gov will have to start hiring in a big way again given that is all that's propping-up the job numbers as it is.

Or… Biden needs to import Another 12 million illegals / landscape laborers to save the economy.

 

[Moonglow]

Sheesh. And what activity is pointed to by a terrible jobs report and higher inflation?

The Japanese also increased interest rates last week.