The market can keep going up on that indefinitely. Just the way things run now with the markets.
One thing they don't like is uncertainty and government intervention that is not friendly to business.....IE Bernie.
That is not a personal knock against him at all. Just the way it is.
On a personal note......why are you always so angry? No way to go through life.
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Thread: Dow falls 1,191 points
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02-27-2020, 09:54 PM #61
Last edited by OptimistPrime11; 02-27-2020 at 10:02 PM.
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02-27-2020, 09:56 PM #62
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02-27-2020, 10:01 PM #63
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02-27-2020, 10:02 PM #64
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02-27-2020, 10:13 PM #65
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02-27-2020, 10:17 PM #66
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02-28-2020, 03:43 AM #67
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02-28-2020, 04:25 AM #68
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02-28-2020, 04:32 AM #69
- Join Date: Aug 2012
- Location: Newport, Rhode Island, United States
- Posts: 29,355
- Rep Power: 272927
Stock market is a reflection of expectations for future performance.
Right now, with China shut down, expectations are lowered for the immediate future until China is back up. That's a consequence of a global economy.
I'm sure that our resident heretics will be screaming that the inevitable recovery is not Trump's doing...Florida Crew as of 3/21
What part of "Shall Not Be Infringed" are you having trouble with?
Misc Firearms Crew
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02-28-2020, 04:36 AM #70
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02-28-2020, 05:58 AM #71
- Join Date: May 2009
- Location: Chicago, Illinois, United States
- Age: 39
- Posts: 7,908
- Rep Power: 43502
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02-28-2020, 06:00 AM #72
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02-28-2020, 06:00 AM #73
- Join Date: Dec 2010
- Location: Georgia, United States
- Posts: 26,182
- Rep Power: 346947
For this situation look into leaps
If you’re wanting to gamble
https://www.investingdaily.com/44771...ons-explained/Intelligent individuals learn from every thing and every one; average people, from their experiences. The stupid already have all the answers.
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02-28-2020, 06:04 AM #74
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02-28-2020, 06:05 AM #75
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02-28-2020, 06:15 AM #76
- Join Date: Dec 2010
- Location: Georgia, United States
- Posts: 26,182
- Rep Power: 346947
For gents wanting to enter this on a high risk standpoint(options)....
There is indeed a ton of money to be made on large swings here.
It is also a very easy way for you to lose everything very very quickly.
There are pros and sharks out there that know who you are trying to enter this -and exploiting all around you with trade moves to get all the gains at your loss.
It is easy but it’s not - there are a lot of minute complications that can tear to pieces at times like this.
If you are new at this I would stay away -take a more less volatile time to learn the art of it and when you understand it better potentially enter another battle later.
Use mock trading and training platforms now.
That being said I’m going to repeat my 2018 post unquoted for easy reading
For the kids ITT wondering “wut do?”
I’ll pretty much sill stick with my 2013 post
Now I’d add if you have an employer matching 401(k) contributions do that first
If you aren’t market savvy stick with index fund etf’s
For the ira I’d go with above or a targeted retirement fund such as vanguard’s
https://investor.vanguard.com/mutual...-retirement/#/
As far as timing goes stick with dollar cost averaging and disregard these swings.
Also never mix political beliefs with investing.Intelligent individuals learn from every thing and every one; average people, from their experiences. The stupid already have all the answers.
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02-28-2020, 06:24 AM #77
- Join Date: May 2010
- Location: Houston, Texas, United States
- Posts: 20,904
- Rep Power: 89826
Nice to see the authoritarian leftists still assume the president controls the stock market as though we are living in some communist utopia.
1) The market was overbought anyways, so a correction was imminent regardless.
2) The dip was due to uncertainty in corona virus. The Communist/Socialist regime in China holding back information has done the world economy a great disservice due to the uncertainty this lack of info brings.
Advice: Buy the dip***Alabama Crimson Tide***
"Luck is when preparation meets opportunity." - Vince Lombardi
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02-28-2020, 06:26 AM #78
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02-28-2020, 06:27 AM #79
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02-28-2020, 06:29 AM #80
- Join Date: Jul 2011
- Location: Maryland, United States
- Age: 56
- Posts: 38,848
- Rep Power: 211233
You can not be serious. Trump and his cult trumpeted market gains every single time it hit new highs. Look at your 401k!!@@## y'all told us.
But now, since it's going down like a paid porn skank on Trump's orange cheeto, it no longer has anything to do with him?
Books will be written about the obedient horde that elevated this orange moron to god status.
SADEarly AM workout crew.
Holy crap dude, Satan's huge crew.
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02-28-2020, 06:29 AM #81
Lol at misc bros trying to pick stocks and play options. Real smart bros have mathematicians and super genuises creating algorithms that pick up on market trends. You're going to get your ass kicked. You can try and evaluate companies the traditional way with spreadsheets and painstaking research into your projections. Probably going to get your ass kicked.
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02-28-2020, 06:31 AM #82
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02-28-2020, 06:37 AM #83
- Join Date: May 2010
- Location: Houston, Texas, United States
- Posts: 20,904
- Rep Power: 89826
It is true that lower taxes and fewer = good for stock market. Creates more certainty which gives confidence to investors. But you already should know this.
Your previous post leads people to believe that you think the president, any president, would have been able to stop the sell off this week. So were you wrong, or just hoping people wouldn't pick up it?
But now, since it's going down like a paid porn skank on Trump's orange cheeto, it no longer has anything to do with him?
Books will be written about the obedient horde that elevated this orange moron to god status.***Alabama Crimson Tide***
"Luck is when preparation meets opportunity." - Vince Lombardi
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02-28-2020, 06:38 AM #84
These guys see the market tanking and think they're just going to pick up some options and make bank LOL. People here don't even understand what options are really used for, which are various strategies like capping your downside at the cost of some profits or capping your upside to make it more likely you see a profit.
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02-28-2020, 06:39 AM #85
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02-28-2020, 06:42 AM #86
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02-28-2020, 06:43 AM #87
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02-28-2020, 06:44 AM #88
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02-28-2020, 06:45 AM #89
Nope just pointing out that it's ridiculous when people say Bernie has no chance. It's also stupid when people act like Wall Street guys are so smart. Let's take coronavirus, everyone with a brain knew what was going to transpire with the virus and the likely effect it would have. Yet, the markets don't crash until this week? Did these wall street geniuses think the virus was going to magically disappear a few weeks ago? People who put all their faith in markets and wall street are retarded.
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02-28-2020, 06:48 AM #90
No, they just expect the Fed to come in and bail them out, like always.
Fed Put.
No risk markets, boyo. Just never ending gains.
Just lol @ merchantcels
Then sucker all the poorcels into the market to transfer wealth (buy the dips).
Increase that wealth gap, bigly."I am a rational animal who occupies the intermediary position between angel and beast"
"The upper class is afforded their position by the collective burden the underclass must carry for them"
**Summer Walker Crew**
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