Wall street falls again as trump slump deepens
- Thread starter Tommy Tainant
- Start date
luiza
Diamond Member
And why aren't you in control of your output?
Your spelling test is due soon . Around Easter from memory .
HaShev
Platinum Member
- Jun 19, 2009
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It's a congress thing and he did reason with them about the importance of getting this done, to allow for the things they want that is making them hesitant because they feel this bill doesn't do enough. You know we always go through this dance, perhaps the budget should be outside this power play process?
Zincwarrior
Diamond Member
Dow down 500 more points after Trump threatened Canada with even more tariffs and again called them the 51st state.
Tommy Tainant
Diamond Member
- Thread starter
- #25
Trump tariffs on steel and aluminum come into effect amid US-Canada trade war
European Commission announces countermeasures after sweeping US levies of 25% come into force without any exemptions
www.theguardian.com
It doesnt look like he has a plan to sort this out. Hope for the best seems to be the strategy.
I would expect more from gods chosen vessel.
Patience Bruh.
What is telling is that the Chinese market has actually rallied 7000 points (almost 40%) since Trump won the election. This means that China is going to be benefitted by a Trump administration.
Trump helping our enemies?
HaShev
Platinum Member
- Jun 19, 2009
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Be patient then ask yourself: will the media hide the news that helps straighten this fear in the market or will they over sell it/hype it like they oversold the negativity of tariffs as a lone factor (when it wasn't)Trump tariffs on steel and aluminum come into effect amid US-Canada trade war
European Commission announces countermeasures after sweeping US levies of 25% come into force without any exemptions
It doesnt look like he has a plan to sort this out. Hope for the best seems to be the strategy.
I would expect more from gods chosen vessel.
Here's the news that SHOULD calm the market.
The Ontario Premier already caved & scratch the 25% energy tarrif sold to the US, that didn't take long now did it?
Captain Caveman
Platinum Member
I wonder how long it'll go on for, three consecutive quarters in the UK of zero GDP growth. I wonder if oh dear Keir has been sending Trump ideas?
Wall Street suffers ‘ugly’ sell-off amid US recession fears, as Musk’s Tesla falls 50% from all–time high – as it happened
New York stock market posts heavy losses, as investors have a ‘wake-up call’ about risks of recession under Donald Trump
- Dow Jones industrial average: down 516 points or -1.2% at 42,285 points
- S&P 500: down 130 points or -2.2% at 5,639 points
- Nasdaq composite: down 648 points or 3.5% at 17,547 points
Its not a great start to the week
I see one of the major problems is that business doesnt have a clue what is going on.
Stop start initiatives do not provide the stability needed to grow the economy.
Trump needs to decide what he is doing and stick with it for at least a day. .
I wonder if that is possible ?
Tommy Tainant
Diamond Member
- Thread starter
- #30
I dont think the media is a factor. People who invest are reacting to trump crazy and that is a factor.
Zincwarrior
Diamond Member
EU just announced its retaliatory tariffs, especially targeting Red states.
apnews.com
Canada and the EU swiftly retaliate against Trump's steel and aluminum tariffs
European Commission President Ursula von der Leyen said as the United States is “applying tariffs worth 28 billion dollars, we are responding with countermeasures worth 26 billion euros,” or about $28 billion.
apnews.com
dudmuck
Diamond Member
HaShev
Platinum Member
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and the media spin and sentiment is the broadcaster and shaper of how you view that news. MSNBC did not mention Canada's about face, however they did clarify things that eased tensions and negative setiment which ended up being good for the bounce back.
If the negative press would have covered the news properly, then people would not have missed jumping baxk in and they'll probably be late to the party as negative Nancy's talk of further corrections. It (media spin)affects
people's emotions and psyche causing resistance or reluctance or fear of entering the market. Do this experiment: Tell a person learning to swim and dive that he'll drown in the water and see how long they stand at the edge unwilling to just dive in. Motley Fool does this to short a stock and manipulate them, the media does it for political sabotage or out of personality disorder (seeing everything negative and projecting that onto others).
Tommy Tainant
Diamond Member
- Thread starter
- #34
This is trumps shit show. The media is just reporting the crazy.
HaShev
Platinum Member
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Eggs and gas are down, Nvda finally came back to it's actual value so all who missed the train could hop aboard.
If you missed the train, blame the media for scaring you away. Me I finally got in afterhours the day you guys cried the sky was falling at mid 105 range instant profit from the closing price of mid 108 range and it has not been the disaster you doom and gloomers are selling.
Note: you never replied about the Canada turn around media silence issue, because it refutes both your media argument and your Trump argument, just as eggs coming down refuted Other's silly argument about Inflation during Trump's 1st mere month.
debbiedowner
Gold Member
- Feb 12, 2017
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Trump election effect had market at a little over 45,000 and today March 13, 2025 below 41000 Trump after effect down. S& P correction territory. Doing a great job.
Here is my chart evaluation of the stock market indexes today.
The indexes continue\d lower and additional support levels got broken. For example, the DOW had support at a previous all-time high at 41198 from July 2024, and it was the first breakout high from an area of decent to strong resistance at 39869. The index closed today at 40814, meaning that level is now a magnet. that is an additional 950-points lower. The SPX has no daily close support until 5408 (another 121 points lower. The NAZ has no support until 18421, and that is 800 points lower.
I had expected that the 200- day MA's would be visited this week but today's action has lowered the probabilities happening this week,
It certainly can be stated that the bulls have lost control and are now on the defensive.
The indexes continue\d lower and additional support levels got broken. For example, the DOW had support at a previous all-time high at 41198 from July 2024, and it was the first breakout high from an area of decent to strong resistance at 39869. The index closed today at 40814, meaning that level is now a magnet. that is an additional 950-points lower. The SPX has no daily close support until 5408 (another 121 points lower. The NAZ has no support until 18421, and that is 800 points lower.
I had expected that the 200- day MA's would be visited this week but today's action has lowered the probabilities happening this week,
It certainly can be stated that the bulls have lost control and are now on the defensive.
debbiedowner
Gold Member
- Feb 12, 2017
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As repeated a few years back, "It's his policies" that's exactly what magats said in the Biden days.
HaShev
Platinum Member
- Jun 19, 2009
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Schumer resistant yesterday spooked the market
he caves and today the dead cat bounces.....got out of my Nvidia up 13.58% that's 3 1/2 years CD interest
or 2 1/2 years bond interest in 3-4 days, but hey naysayers never catch that falling knife you say, well if you don't you'll usually never get in for the train ride (you wake up the price is beyond your entrance point at open)..
Secret: look at the chart, try and buy at the reverse head and shoulder's head forming, then look at the RSI, buy when down to 20-30, sell at 60- 80 depending on market conditions and options timing. This is what the brokerage houses and pros do, so it helps solidify your purchase. Which brings me to looking at the highest gathering of puts and calls to figure out where the market makers are wanting to take the stock down or up to, along with the RSI this gives a good read on helping buy and sell signals. Be aware of when options ends in the month, there will be weird anomalies from those, huge swings for short term trading or low ball bids for entrance- You're Welcome
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