Sneakers
Just sneakin' around....
Over the past week or so, yes. It ballooned for no real reason. Back in 2021... not so much.
Anyone Notice the DOW?
- Thread starter Sneakers
- Start date
So far I'm in good shape. I logged on expecting the worst but so far it's just been a very small dip and recovery. The people who got hit the worst were the folks heavy in tech stocks, and who didn't see that coming?
Kinnakeet
Well-Known Member
Kinnakeet
Well-Known Member
roll that money over into something better thats what Im doing our Finacial advisor explained this to me yesterday and it is a guarantee payment for life.
Sound's like an annuity?
PeoplesElbow
Well-Known Member
Advisor is making out there if it is.
Yeppers!
Chopticon64
Well-Known Member
So all of the losses from Monday have recovered, the Kamala Crash is now what? The Walz recovery?
Call it whatever you want, fairytales need a title too.
Toxick
Splat
For your consideration ...
Class: Sell sell sell. Clear all your positions. Park all your cash to weather the coming financial storm.
And with the dollar going down, relative to other currencies, now at 102.64, you can bet institutional investors will be looking for a safe haven for those dollars.
Interesting though ... when the dollar goes down, there is usually a corresponding increase to silver and gold price increases. However, this is not happening. A very odd and questionable occurrence.
View attachment 178685 View attachment 178686
Looks to me like fear of another Trump presidency is kicking in and the economy is taking a big hit that even the popular and economically savvy Kamala Harris cannot overcome.
Among the hardest hit by this downturn are minorities and the LGBTQ community.
And women.
PeoplesElbow
Well-Known Member
It is still down over the last 5 days btw.
Big days, whether up or down are usually over done and spring back some the next day.
Big days, whether up or down are usually over done and spring back some the next day.
Chopticon64
Well-Known Member
And it’s up from 4 years ago
Up from 1 year ago
Up from 6 months ago
And up from 3 months ago
The usual idiots were posting on here calling this a Kamala crash
Do you honestly think it’ll be lower on November 1 than it is now? I don’t, it’ll be higher.
Hessian
Well-Known Member
Do certain members know how to read a chart? Place the Dow, The S&P, the NASDAQ side by side. Imagine you have an index fund on each of those indices...your return is similar to what you were earning the last week of MARCH. Everything earned since then is GONE.
Look at the graphs...oh, did I point a liberal toward actual facts?
My Bad...I ought to know better than to show factual visuals to people who voted for Biden & think Harris is a miracle woman.
Look at the graphs...oh, did I point a liberal toward actual facts?
My Bad...I ought to know better than to show factual visuals to people who voted for Biden & think Harris is a miracle woman.
PeoplesElbow
Well-Known Member
The S&P 500 has been pretty much down since dementia Joe got forced out.
Chopticon64
Well-Known Member
Weren’t you the one squawking that the market would be down 50% when Biden was elected in 2020?
Look, I get it, you folks want an economic collapse, the stock market to crater, unimaginable unemployment lines….but the only way that is gonna happen is if you can get George W to run again and create another Great Recession.
Chopticon64
Well-Known Member
So the guy you just called “dementia joe” isn’t running and you think that is causing a down market? Because Kamala will now win by a landslide? Let those Trump tax cuts expire and give the EPA unprecedented power? Huh
Hessian
Well-Known Member
Thank you for 100% deflecting the point I made....
No I never predicted the Biden impact topping 50% loss on the market.
I knew his energy policies, anti-growth approaches of "Build Back Better" would lead to sustained misery index, inflation, and the suffering of the Middle class...and here we are.
PeoplesElbow
Well-Known Member
No, I'm just saying the timing is the same, so you have to imagine that is going to cause some comparisons. People claim credit when an up trend times with a politician getting elected whether or not it is the cause.
Kinnakeet
Well-Known Member
I think so I have to look at my notes
Kinnakeet
Well-Known Member
Has nothing to do with those 2 worthless POS!