The Trump downturn begins....

[Mac1958]

Gawd, how silly this stuff is.

A correction would be perfectly healthy, 10% to 20%. It's a part of the natural breathing process of markets.

If you don't know shit about this stuff, and you comment anyway, you're just making a fool of yourself.
.

Uuummmm.... "10 to 20 percent" would be a bit more than a "correction" so let's hope not.

You get that kind of drop of five thousand points, yer gonna see some panic.

Corrections happen, it's part of the deal. Perfectly healthy. Flush out the dumb money.

Institutional investors know that. They're too smart to panic, it's a buying opportunity.
.

 

[Pogo]

Gawd, how silly this stuff is.

A correction would be perfectly healthy, 10% to 20%. It's a part of the natural breathing process of markets.

If you don't know shit about this stuff, and you comment anyway, you're just making a fool of yourself.
.

Uuummmm.... "10 to 20 percent" would be a bit more than a "correction" so let's hope not.

You get that kind of drop of five thousand points, yer gonna see some panic.

Corrections happen, it's part of the deal. Perfectly healthy. Flush out the dumb money.

Institutional investors know that. They're too smart to panic, it's a buying opportunity.
.

Corrections happen, yes. Buying ops, yes. But 10 to 20% is more than a "correction".

Could have sworn I just pointed this out.

DJIA is now down over a thousand points for the week --- which is concerning but it's not even FIVE percent.

 

[Baron]

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

Do not be too greedy, never speculate

 

[Mac1958]

Gawd, how silly this stuff is.

A correction would be perfectly healthy, 10% to 20%. It's a part of the natural breathing process of markets.

If you don't know shit about this stuff, and you comment anyway, you're just making a fool of yourself.
.

Uuummmm.... "10 to 20 percent" would be a bit more than a "correction" so let's hope not.

You get that kind of drop of five thousand points, yer gonna see some panic.

Corrections happen, it's part of the deal. Perfectly healthy. Flush out the dumb money.

Institutional investors know that. They're too smart to panic, it's a buying opportunity.
.

Corrections happen, yes. Buying ops, yes. But 10 to 20% is more than a "correction".

Could have sworn I just pointed this out.

DJIA is now down over a thousand points for the week --- which is concerning but it's not even FIVE percent.

This is my profession. Think what you want.
.

 

[Pogo]

Gawd, how silly this stuff is.

A correction would be perfectly healthy, 10% to 20%. It's a part of the natural breathing process of markets.

If you don't know shit about this stuff, and you comment anyway, you're just making a fool of yourself.
.

Uuummmm.... "10 to 20 percent" would be a bit more than a "correction" so let's hope not.

You get that kind of drop of five thousand points, yer gonna see some panic.

Corrections happen, it's part of the deal. Perfectly healthy. Flush out the dumb money.

Institutional investors know that. They're too smart to panic, it's a buying opportunity.
.

Corrections happen, yes. Buying ops, yes. But 10 to 20% is more than a "correction".

Could have sworn I just pointed this out.

DJIA is now down over a thousand points for the week --- which is concerning but it's not even FIVE percent.

This is my profession. Think what you want.
.

Right.

If we round off this week to a thousand-point drop, and next week drops another 2000 and the week after yet another -2000 .... are you still calling it a "correction"?

 

[Mac1958]

Gawd, how silly this stuff is.

A correction would be perfectly healthy, 10% to 20%. It's a part of the natural breathing process of markets.

If you don't know shit about this stuff, and you comment anyway, you're just making a fool of yourself.
.

Uuummmm.... "10 to 20 percent" would be a bit more than a "correction" so let's hope not.

You get that kind of drop of five thousand points, yer gonna see some panic.

Corrections happen, it's part of the deal. Perfectly healthy. Flush out the dumb money.

Institutional investors know that. They're too smart to panic, it's a buying opportunity.
.

Corrections happen, yes. Buying ops, yes. But 10 to 20% is more than a "correction".

Could have sworn I just pointed this out.

DJIA is now down over a thousand points for the week --- which is concerning but it's not even FIVE percent.

This is my profession. Think what you want.
.

Right.

If we round off this week to a thousand-point drop, and next week drops another 2000 and the week after yet another -2000 .... are you still calling it a "correction"?

5000? Yes, of course. I'd like to see it, and I'll be ready to buy at about -12% to -15%. Neat.

And you're free to call it a Trump Depression if you wish.
.

 

[Pogo]

Uuummmm.... "10 to 20 percent" would be a bit more than a "correction" so let's hope not.

You get that kind of drop of five thousand points, yer gonna see some panic.

Corrections happen, it's part of the deal. Perfectly healthy. Flush out the dumb money.

Institutional investors know that. They're too smart to panic, it's a buying opportunity.
.

Corrections happen, yes. Buying ops, yes. But 10 to 20% is more than a "correction".

Could have sworn I just pointed this out.

DJIA is now down over a thousand points for the week --- which is concerning but it's not even FIVE percent.

This is my profession. Think what you want.
.

Right.

If we round off this week to a thousand-point drop, and next week drops another 2000 and the week after yet another -2000 .... are you still calling it a "correction"?

5000? Yes, of course. I'd like to see it, and I'll be ready to buy at about -12% to -15%. Neat.

And you're free to call it a Trump Depression if you wish.
.

And I'd like to have a time machine so I could go back and buy Google at the beginning. It's nice to have a fantasy life. I guess.

Sooooo what do you think of PayPal?

 

[Mac1958]

Corrections happen, it's part of the deal. Perfectly healthy. Flush out the dumb money.

Institutional investors know that. They're too smart to panic, it's a buying opportunity.
.

Corrections happen, yes. Buying ops, yes. But 10 to 20% is more than a "correction".

Could have sworn I just pointed this out.

DJIA is now down over a thousand points for the week --- which is concerning but it's not even FIVE percent.

This is my profession. Think what you want.
.

Right.

If we round off this week to a thousand-point drop, and next week drops another 2000 and the week after yet another -2000 .... are you still calling it a "correction"?

5000? Yes, of course. I'd like to see it, and I'll be ready to buy at about -12% to -15%. Neat.

And you're free to call it a Trump Depression if you wish.
.

And I'd like to have a time machine so I could go back and buy Google at the beginning. It's nice to have a fantasy life. I guess.

Sooooo what do you think of PayPal?

Couldn't tell you. The only time I buy individual stocks is when a client specifically asks for it. Then I research it.
.

 

[Pogo]

Corrections happen, yes. Buying ops, yes. But 10 to 20% is more than a "correction".

Could have sworn I just pointed this out.

DJIA is now down over a thousand points for the week --- which is concerning but it's not even FIVE percent.

This is my profession. Think what you want.
.

Right.

If we round off this week to a thousand-point drop, and next week drops another 2000 and the week after yet another -2000 .... are you still calling it a "correction"?

5000? Yes, of course. I'd like to see it, and I'll be ready to buy at about -12% to -15%. Neat.

And you're free to call it a Trump Depression if you wish.
.

And I'd like to have a time machine so I could go back and buy Google at the beginning. It's nice to have a fantasy life. I guess.

Sooooo what do you think of PayPal?

Couldn't tell you. The only time I buy individual stocks is when a client specifically asks for it. Then I research it.
.

And you didn't look into it with the eBay news?

I dunno, if I asked my FA that question he'd be fully prepared to discuss it. If it were something obscure he'd have to research it but I wouldn't call this one obscure....

 

[Mac1958]

This is my profession. Think what you want.
.

Right.

If we round off this week to a thousand-point drop, and next week drops another 2000 and the week after yet another -2000 .... are you still calling it a "correction"?

5000? Yes, of course. I'd like to see it, and I'll be ready to buy at about -12% to -15%. Neat.

And you're free to call it a Trump Depression if you wish.
.

And I'd like to have a time machine so I could go back and buy Google at the beginning. It's nice to have a fantasy life. I guess.

Sooooo what do you think of PayPal?

Couldn't tell you. The only time I buy individual stocks is when a client specifically asks for it. Then I research it.
.

And you didn't look into it with the eBay news?

I dunno, if I asked my FA that question he'd be fully prepared to discuss it. If it were something obscure he'd have to research it but I wouldn't call this one obscure....

Great, thanks.
.

 

[DigitalDrifter]

Gawd, how silly this stuff is.

A correction would be perfectly healthy, 10% to 20%. It's a part of the natural breathing process of markets.

If you don't know shit about this stuff, and you comment anyway, you're just making a fool of yourself.
.

Uuummmm.... "10 to 20 percent" would be a bit more than a "correction" so let's hope not.

You get that kind of drop of five thousand points, yer gonna see some panic.

Corrections happen, it's part of the deal. Perfectly healthy. Flush out the dumb money.

Institutional investors know that. They're too smart to panic, it's a buying opportunity.
.

Corrections happen, yes. Buying ops, yes. But 10 to 20% is more than a "correction".

Could have sworn I just pointed this out.

DJIA is now down over a thousand points for the week --- which is concerning but it's not even FIVE percent.

This is my profession. Think what you want.
.

Right.

If we round off this week to a thousand-point drop, and next week drops another 2000 and the week after yet another -2000 .... are you still calling it a "correction"?

How about we don't get ahead of ourselves.

 

[airplanemechanic]

Trump downturn continues.

Minus 666 points.

I feel this is just the beginning of the "correction".

 

[Pogo]

Trump downturn continues.

Minus 666 points.

I feel this is just the beginning of the "correction".

Apparently Janet Yellin's net worth is 1063 points....


On the other hand at the end of the week we ended up where we were three weeks ago.

 

[toomuchtime_]

Trump downturn continues.

Minus 666 points.

I feel this is just the beginning of the "correction".

In fact, all the analysts I've seen say the drop is because the economic news is so good. It sounds crazy, but wages increased by 2.9% year to year and the economy is so near full employment that the Fed is expected to raise interest rates 4 times this year instead of the 3 increases that were expected. When interest rates go up, some money tends to go to bonds and stock prices typically drop.

 

[Baz Ares]

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.

Will the book names be?

The xxx Days of the Great Dooosh Show in the White House!
The Great Dooosh was FLUSHED in xxx Days?
The Great Dooosh went to Russia, never came BACK!.

 

[JimBowie1958]

In fact, all the analysts I've seen say the drop is because the economic news is so good. It sounds crazy, but wages increased by 2.9% year to year and the economy is so near full employment that the Fed is expected to raise interest rates 4 times this year instead of the 3 increases that were expected. When interest rates go up, some money tends to go to bonds and stock prices typically drop.

Exactly. The markets price in future events as much as possible, so if inflation seems likely today for a probable event 6 months from now, it gets priced into the market today due to profit taking and equity flow into other markets.

Plus a lot of market fluidity is based on credit and that is much less lucrative when interest rates go higher.

This is good stuff though for the American economy as investors need to start taking money out of the Wall Street Casinos and start putting much more of it into business creation and expansion.

 

[Theowl32]

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

You are an idiot. Just saying if you think this has anything to do with Trump. Name the policy that has caused the stock to sell off.

 

[equalizer_0]

Yuuuge selloff on Wall Street yesterday.

Nah. Just The usual profit-taking. That's pocket change for Wall Street. The market may have been technically a tad "overbought" the other week. These things generally just correct themselves, important people keep making money, and life moves on.

Disclaimer: SEC disclosure, personal investment positions, yadda yadda yadda past returns are no guarantee of future performance blah blah blah ....

 

[Decus]

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.

Trump's policies to stimulate business growth in the US seem to be working very well:

"The U.S. economy added 200,000 jobs in January, and wages grew at the fastest pace in eight years."
.....
"Wages were up 2.9% compared with a year earlier, the best pace since June 2009."

This success however is already impacting the stock market as the Fed is planning several increases in interest rates this year and the markets are and will continue to react. Trump has no control over the Federal Reserve's rate increases.

"The move could also force the Federal Reserve to raise its key interest rate faster. Fed officials in December forecast raising rates three times in 2018. But if wages continue to pick up, that could boost inflation. Faster inflation would force the Fed to raise rates faster or more frequently."

America gets a raise: Wage growth fastest since 2009

.

 

[Mikeoxenormous]

Trump downturn continues.

Minus 666 points.

I feel this is just the beginning of the "correction".

Since President Trump took office, the DOW has gone up 9,000 points. A 600 point correction is a sneeze..