The Trump downturn begins....

[Fang]

Huge selloff on Wall Street yesterday.

Stocks fall sharply as sell-off continues; Dow drops 286 points

It can't keep going like it's going.

So Trump isn't riding the Obama economy anymore? He owns it as of today?

 

[HenryBHough]

25,000 was as clear a "SELL" signal as for which one might hope.

Sorry you missed it.

No, I'm in the stock market. Now I'm losing money.

 

[danielpalos]

Huge selloff on Wall Street yesterday.

Stocks fall sharply as sell-off continues; Dow drops 286 points

It can't keep going like it's going.

Sounds like you are enjoying the sell off? Are you on welfare?

I couldn't afford to sell short any positions.

 

[Baz Ares]

Dow drops 400 points ahead of Trump's first State of the Union
Down 362.59 today, as we know, Irrational exuberance,always ends with a crash.

 

[Pogo]

Happy to see I lost considerably less than the stock market did.

That's diversity baybeh.

 

[Zander]

No, I'm in the stock market. Now I'm losing money.

The S&P 500 is up over 40% since Trump was elected. If you are "losing money" you're doing something wrong......

 

[francoHFW]

Huge selloff on Wall Street yesterday.

Stocks fall sharply as sell-off continues; Dow drops 286 points

It can't keep going like it's going.

Sounds like you are enjoying the sell off? Are you on welfare?

When in doubt, go for the brainwashed stupid insult...

 

[Zander]

A healthy correction will be good for the market.

 

[georgephillip]

Huge selloff on Wall Street yesterday.

Stocks fall sharply as sell-off continues; Dow drops 286 points

It can't keep going like it's going.

Treasury yields are a big reason for the downturn, and it may get worse.

Stocks Dive as Treasury Yields Set Off Alarm Bells

"The benchmark 10-year U.S. Treasury yield touched 2.7 percent on Monday and as of 8:16 a.m. this morning it has returned to that level.

"The sharp rise in Treasury yields produced a 177 point drop in the Dow Jones Industrial Average yesterday..."

"The recent market action suggests that investors are about to get a serious investing lesson in the concept of supply and demand.

"According to research from the major Wall Street banks, there is going to be a stunning doubling of the net issuance of U.S. Treasury securities in the current Federal fiscal year versus last year.

"Net issuance of Treasuries in the last fiscal year was approximately $500 billion.

"For the coming year, Goldman Sachs projects the amount will be $1.03 trillion; Deutsche Bank thinks it will be about $1 trillion while JPMorgan Chase is floating the breathtaking figure of $1.42 trillion.

"The huge increase comes from two primary factors: a mushrooming budget deficit from the recently passed tax cuts and the wind down by the Federal Reserve of its Treasury purchases."

"Trump’s stock market bubble is about to burst, David Stockman says"
Trump’s stock market bubble is about to burst, David Stockman says

 

[JimBowie1958]

Huge selloff on Wall Street yesterday.

Stocks fall sharply as sell-off continues; Dow drops 286 points

It can't keep going like it's going.

Sure it can, and they often do outlast the correct perceptions of being over-bought.

But in this case, regulatory unleashing of business activity plus bigger markets to US goods and more Americans working growing the consumer market all add up to continued market cap.

 

[william the wie]

A healthy correction will be good for the market.

Yeah, even as little as 1,300-2,000 points on the Dow would remind everyone that unless you understand fundamental value, knowing what book value, PEG and the importance of dividend yield is, you should stick to an S&P 500 fund and a conservative bond fund about 50/50 stocks and bonds. Just as Graham told you to in "The Intelligent Investor".

 

[Admiral Rockwell Tory]

No, I'm in the stock market. Now I'm losing money.

The S&P 500 is up over 40% since Trump was elected. If you are "losing money" you're doing something wrong......

He is losing money today, despite have made money since November 2016. That's why he is whining!

 

[tigerred59]

Huge selloff on Wall Street yesterday.

Stocks fall sharply as sell-off continues; Dow drops 286 points

It can't keep going like it's going.

One little suggestion from all the major players on healthcare and the market panics...LOLOLOLOLOL...Imagine what's gonna happen in a few months when Trump is finally sentenced to prison!!

 

[Old Rocks]

Huge selloff on Wall Street yesterday.

Stocks fall sharply as sell-off continues; Dow drops 286 points

It can't keep going like it's going.

After this many years of upside, there has to be an adjustment. However, since President Pussy Grabber continually claimed credit for the upside, he gets credit now for the downside. It may not be correct, but that is fair.

 

[Mikeoxenormous]

Huge selloff on Wall Street yesterday.

Stocks fall sharply as sell-off continues; Dow drops 286 points

It can't keep going like it's going.

After this many years of upside, there has to be an adjustment. However, since President Pussy Grabber continually claimed credit for the upside, he gets credit now for the downside. It may not be correct, but that is fair.

If you were in the stock market back in 1987 there was a correction(Black Monday) that rocked the world. Black Monday (1987) - Wikipedia At that time I bought even more Home Depot Stock.
If you were in the stock market back in 2000 there was a correction(DotCom Bubble Burst) that rocked the world. I at that time bought stocks in HD and Boeing.
If you were in the stock market back in 2007 there was a correction(Fannie Mae, Freddie mac debacle) that rocked the world. I at that time still had HD, Boeing and bought heavily into Chipotle Mexican Grill. Some people lose money in the stock market, many win. those that play long term, have since the beginning of the DOW, made obscene profits..

 

[MikeK]

I'm a total dummy where these financial matters are concerned but I do recall reading and hearing that sudden "corrections" of this nature are neither unusual nor indicative of impending disaster.

Is that right -- or am I off base?

 

[Mikeoxenormous]

I'm a total dummy where these financial matters are concerned but I do recall reading and hearing that sudden "corrections" of this nature are neither unusual nor indicative of impending disaster.

Is that right -- or am I off base?

You are correct.. Even with those major corrections the stock market has continued to soar. The only news that could destroy the stock market and collapse our economy is that the Fundamental Transformation of this Country into a Socialist State and central government control, the poor would stay poor but then everyone else would be poor also. Then the liberals would achieve equality.

Except the liberal elites who still who have everything..
"Do as they say, not as they do"...

 

[Pogo]

I'm a total dummy where these financial matters are concerned but I do recall reading and hearing that sudden "corrections" of this nature are neither unusual nor indicative of impending disaster.

Is that right -- or am I off base?

You are correct --- if the "correction" bounces back in a reasonable time. Only a several-days view of activity trends will reveal that. So far today as of about an hour ago it is bouncing back. although timidly -- at least it's regaining slightly. But only time will tell if that bounceback is fleeting or the second part of a 'correction'.

Then of course there are wags like the post above yours using "correction" in a way that demonstrates they don't know what they're talking about.

 

[Pogo]

I'm a total dummy where these financial matters are concerned but I do recall reading and hearing that sudden "corrections" of this nature are neither unusual nor indicative of impending disaster.

Is that right -- or am I off base?

You are correct.. Even with those major corrections the stock market has continued to soar. The only news that could destroy the stock market and collapse our economy is that the Fundamental Transformation of this Country into a Socialist State and central government control, the poor would stay poor but then everyone else would be poor also. Then the liberals would achieve equality.

Except the liberal elites who still who have everything..
"Do as they say, not as they do"...

Partisan hacks never miss an opportunity to partisan-hack.

“I’ve been around for a long time and it just seems that the economy does better under the Democrats than the Republicans.” ---- Rump, speaking to Wolfgang Amadeus Blitzer, 2004

 

[miketx]

I'm a liberal?? Dat's some funny shit rite dare!

I'll back you up on dat dere too.

Usually on this board we find out who doesn't understand "liberal" and "conservative". Today we find out who doesn't understand the stock market. What goes up precipitously must come down.

Poor baby, according to him no one understands anything as he and the rest of the crazed America hating losers continue to dig their holes.