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Stock market plumments in response to memo release.[W:63]

Re: Stock market plumments in response to memo release.

faithful_servant said:
..and another lie. The article title: "Dow plummets 634 points amid downgrade backlash". Nothing in the article about the memo at all (I searched for "memo" and "Nunes" and got blanked on both). Here's CNN's article on the drop in the Dow as well. Dow drops 500 points -- worst week in 2 years - Feb. 2, 2018 No hits on "memo" or "Nunes" there either. Maybe you need to stop and take refresher course on honesty and integrity.... Now please to attack me, engage in some TDS blathering, evade the point and finally try playing the race card.
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Vetplus40 said:
Did someone misplace your "Trumpy Bear"?

Maybe Trump should be more careful what he adjoins himself to. Wow, have you taken "Trump worshipping" to an all new level. Congrats!
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You hit the trifecta. Now all you have to do for complete the sweep is throw out that race card. C'mon, Vet, I'm rooting for you!!!
 
Re: Stock market plumments in response to memo release.

Vetplus40 said:
https://www.cbsnews.com/news/dow-plummets-634-points-amid-downgrade-backlash/

I wonder if Trump will take credit for this too?
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It's gotten to the point you're not worth even acknowledging but just for others, - The market is dropping because of the drop in housing starts and rising interest rates which are pushing 4.5% and will go higher as the fed is expecting to raise rates 3-4 more times this year to curb inflation.

Perhaps next time you can watch some financial news rather than the goofballs on CNN who spit snot all day.
 
Re: Stock market plumments in response to memo release.

Fledermaus said:
So, another no.

Got it.

Reread the article quoted. (That is if you read prior to jumping in.)

Does it state, infer or imply the drop was in response to the memo release...
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What are you babbling about? Talk about "jumping in," what motivates you to come to the defense of another poster? And what did I do, but applaud another poster's response. Your life that boring that you go looking for conflict where it does not exist? Please quote the part of my post that infers or implies anything the than agreement with a post? I realize that you are limits to where you can amuse yourself, but this seems sad on many levels.
 
Re: Stock market plumments in response to memo release.

Rexedgar said:
What are you babbling about? Talk about "jumping in," what motivates you to come to the defense of another poster? And what did I do, but applaud another poster's response. Your life that boring that you go looking for conflict where it does not exist? Please quote the part of my post that infers or implies anything the than agreement with a post? I realize that you are limits to where you can amuse yourself, but this seems sad on many levels.
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Reread the article quoted.

Does it state, infer or imply the drop was in response to the memo release...?
 
Re: Stock market plumments in response to memo release.

Vetplus40 said:
Someone else will have to explain it to you.

That said, I am quite sure that I remember you commenting on a plethora (is this a new word for you?) of Trump "positives" that you could in no way substantiate or validate.

Now, the market is dropping. The link was meant to merely validate to drop. My belief which I don't have to have "quantified" - to satisfy you or anyone else's affect market trends.

That said, just because you do not agree with my opinion is not justification for calling me a "liar". Much in the same way that your "anti-Obama" opinions are not justification for me calling you a racist.
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Much diversionary BS.... No answer to the question.

Where in the article does it state, infer or imply the drop was due to the memo?
 
Re: Stock market plumments in response to memo release.

Actually, increases in wages is being blamed for the drop.
 
Re: Stock market plumments in response to memo release.

Fledermaus said:
Reread the article quoted.

Does it state, infer or imply the drop was in response to the memo release...?
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Reacquaint yourself where I joined this thread and my response and tell my why you carry water for another?
 
Re: Stock market plumments in response to memo release.

Rexedgar said:
Reacquaint yourself where I joined this thread and my response and tell my why you carry water for another?
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The article quoted.

Does it state, infer or imply the drop was in response to the memo release...?
 
Re: Stock market plumments in response to memo release.

ataraxia said:
So let's see: A tripling of the DOW and one of the longest periods of economic expansion and uninterrupted market rise in US history under Obama=Obama was keeping us down and the market is now roaring under Trump.

A downturn in the market under Trump: the market is overdue for a correction and now is as good a time as any.

OK. I can see how you could never lose.:roll:
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https://www.debatepolitics.com/poll...ease-trump-post1068116156.html#post1068116156

markets react to where they see things going....not where they are

with the election of Trump, the markets saw a chance of two major things happening

1. the tax cut....which is now law
2. easier regulations, which means less red tape, and less expenses for companies

both items have happened, at least to a degree

do i think the market is overheated? yep

do i think we are in store for a correction? yep

DOW is at 26117 at the moment...down 326 today

i wouldnt mind seeing it fall to approx 22-23k for a nice correction.....

this was posted 3 days ago on the 30th.....

the correction was easy to see coming
 
Re: Stock market plumments in response to memo release.

Fledermaus said:
The article quoted.

Does it state, infer or imply the drop was in response to the memo release...?
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Reacquaint yourself where I joined this thread and my response and tell my why you carry water for another?

You are welcome to the last word......gonna go round up a Ft. Meyer soldier.....
 
Re: Stock market plumments in response to memo release.

Rexedgar said:
Reacquaint yourself where I joined this thread and my response and tell my why you carry water for another?

You are welcome to the last word......gonna go round up a Ft. Meyer soldier.....
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The article quoted.

Does it state, infer or imply the drop was in response to the memo release...?

No water required or desired.

The question is simple.
 
Re: Stock market plumments in response to memo release.

Moderator's Warning:
Knock off the personal comments. That is not the topic of the thread and it's being disruptive.

Thread bans and/or points for those of you who can't abide by this warning.
 
Re: Stock market plumments in response to memo release.

Kal'Stang said:
Why are you lying? Nothing in your article even hints at the drop being a response to the memo release.
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True.

It’s just dropping because people are realizing Trump can’t keep this Obama boom going forever, even with a tax cut bubble.
 
Re: Stock market plumments in response to memo release.

Vetplus40 said:
EXACTLY. Since the Nunes memo started picking up steam.
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How often do you play the markets?
 
Re: Stock market plumments in response to memo release.

Vetplus40 said:
Yeah. Okay. I am sure that it was just coincidence.....:)
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Irrelevant to anyone who follows the market. This is the heart of earnings seasons. With earnings comes guidance for the next quarter. As opposed to bull analysts' projections, guidance has been lower, triggering the correction. The market is always adjusted by what is happening tomorrow, not by what happened yesterday. The coming quarter is generally the weakest, and as long term corporate planning needs to adjust to the new tax ratios and increased cash flows, guidance has been generally weak for the short run, strong for the long run. Wall Street is always myopic and self feeding in both directions.
 
Re: Stock market plumments in response to memo release.

SonOfDaedalus said:
Nah, investors are trying to blackmail the Fed again. They don't want rates to go up. They want to keep the free money flowing until another bubble explodes. Trump has already given them money to start another pump and crash bubble.
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Traders are reacting to the fact that the 10-year Treasury note passed what was seen as a critical support level at 2.8%. That doesn't sound like much on a historical basis, but then when you're in an economy with northwards of $60 trillion in total credit market debt that IS a big deal. (Mortgage rates closely follow the 10-year Treasury. Once again, through interest rate cuts and several rounds of quantitative easing, the Fed did a great job reflating unproductive assets, e.g. houses and commercial real estate.) Martin Feldstein, in a prescient op-ed piece published last month in The Wall Street Journal, outlined the problem much better than I could. In a nutshell:

(E)xcessively easy monetary policy has led to overvalued equities and a precarious financial situation. The Fed should have started raising the fed-funds rate several years ago, reducing the incentive for investors to reach for yield and drive up equity prices. Since it didn’t do so, the Fed now faces the difficult challenge of trying simultaneously to contain inflation and reduce the excess asset prices—without pushing the economy into recession.

Stocks Are Headed for a Fall
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The markets as a whole react to news

good, bad, indifferent...they dont care....as long as the market moves, people make money

now guys like me, i look very long term....10-15 year horizons

i dont care what the market does on a day to day basis....other than what particular companies are doing regarding earnings

for instance....one of my mainstays SYY (sysco) just reported its earnings

https://seekingalpha.com/news/3328021-sysco-reports-solid-case-growth

i am looking at sales QOQ, and YOY, and gross margins....those are my main things to digest

the market may at times think SYY is worth 12x earnings, and at times think it is worth 24x earnings

i dont care right now...and wont for another 15 years or so....when i start to move from equities into safer items

in the mean time, i get over a 3% yield on a company that just keeps growing, and just keeps throwing me off the cash
 
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