August 5, 20241 yr 1 hour ago, jsdarkstar said: Trump is probably the one who caused the sell off so he could say, See, I told you so. That's how he operates. Blue anon strikes again.
August 5, 20241 yr 48 minutes ago, Bill said: one of the most accurate memes in the history of memes.
August 5, 20241 yr 6 hours ago, paco said: One positive sign is I saw futures being down 1200 points right before the bell but it opened in the 800's. Currently down −942.51 however. We may end down only 400ish, I could see investors buying into the dip at the end of the day. But if it gets below 1,300 we are looking at a minimum of a high triple digit loss. Never hit -1300 but did get into the -1200's. Ended up −1,033.99 (2.60%) and since last Wednesday's high of 41,183 the Dow is down 2,480. At 38,703.27, that puts us at mid June levels. IF this sell off represents an adjustment in pricing since the anticipated rate cut didn't come (read: that was being priced in the past month), then I would anticipate a "small" gain tomorrow (under 400). However if this is a reflection of the weaking job market and consumer confidence then we may have a 4th straight day of losses.
August 5, 20241 yr 3 hours ago, Kz! said: I'm back in the market today! Tech stocks cheap cheap! The market will be back by the time Trump loses in November!
August 5, 20241 yr Gotta love lynched bishing about the stock market when we all know his retirement plan is a scratch-offs, Meemah's beanie baby collection and whatever McDonald's gives you for 50 years of service.
August 5, 20241 yr 11 minutes ago, DEagle7 said: Gotta love lynched bishing about the stock market when we all know his retirement plan is a scratch-offs, Meemah's beanie baby collection and whatever McDonald's gives you for 50 years of service. "Credit but none of the blame!!!" STFU whiny lil bish. 🤣🤣🤣
August 5, 20241 yr 1 hour ago, paco said: IF this sell off represents an adjustment in pricing since the anticipated rate cut didn't come It doesn't... at least that's not what happened today. This is Japan, the single largest holder of US debt, capitulating to rising inflation and a tanked yen by finally raising interest rates after decades of zero or negative rates. They've been a cheap money printer for the entire global economy and they just signaled that those days might be over. Naturally, the markets get spooked because the reverse carry trade no longer carries the same value and all those inflated assets being propped up by a cheap yen will need to be unwound in some measure.
August 5, 20241 yr 54 minutes ago, lynched1 said: "Credit but none of the blame!!!" STFU whiny lil bish. 🤣🤣🤣 Oooo baby hands is feeling feisty. I must've been pretty close
August 6, 20241 yr 1 hour ago, DEagle7 said: Oooo baby hands is feeling feisty. I must've been pretty close Close enough for you to catch the dew off of deez nutz
August 6, 20241 yr 2 minutes ago, mayanh8 said: Nikkei opened up 7%. Tomorrow likely to be some sort of bounce for US markets. Up 10.5% currently
August 6, 20241 yr 8 minutes ago, mayanh8 said: Nikkei opened up 7%. Tomorrow likely to be some sort of bounce for US markets. But what about all the memes?! Do they drop in value now?
August 6, 20241 yr Donald Trump: "I told you so" Everyone Panic. Japan Stocks Rebound More Than 10% After Plunge Into Bear Market
August 6, 20241 yr Am I allowed to thank Kamala for my 401k balance tomorrow or is that only if it goes down again?
August 6, 20241 yr 4 hours ago, mayanh8 said: It doesn't... at least that's not what happened today. This is Japan, the single largest holder of US debt, capitulating to rising inflation and a tanked yen by finally raising interest rates after decades of zero or negative rates. They've been a cheap money printer for the entire global economy and they just signaled that those days might be over. Naturally, the markets get spooked because the reverse carry trade no longer carries the same value and all those inflated assets being propped up by a cheap yen will need to be unwound in some measure. Looks likes Japans stocks are rebounding
August 6, 20241 yr 7 hours ago, Paul852 said: But what about all the memes?! Do they drop in value now? Only the anime ones.
August 6, 20241 yr Looks like we aren’t seeing the same bounce back. Yet. Dow Futures only up 0.3% Quote U.S. stock-index futures pare some gains By Jamie Chisholm Things aren't looking quite as chipper as they did when the European session got underway a couple of hours ago. The S&P 500 futures have turned a 1.2% gain into a rise of just 0.5%, Dow futures were up 0.8% and are now up 0.3%, while Nasdaq 100 futures have shrunk a 1.5% advance to just 0.6%. European bourses have turned initial gains into losses, with the Euro Stoxx 600 index now off 0.2%. There does not appear to be any particular news catalyst behind the less positive tone, rather it's a sign of the underlying nervousness after recent sharp moves. The VIX index, the gauge of S&P 500 volatility, is also moving off session lows.
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