Have fun tomorrow!Stock Rout Builds In Asia, Nikkei Plunges 10%: Markets Wrap https://www.bloomberg.com/news/articles/2020-03-12/asia-stocks-set-to-tumble-after-wall-street-rout-markets-wrap
Have fun tomorrow!Stock Rout Builds In Asia, Nikkei Plunges 10%: Markets Wrap https://www.bloomberg.com/news/articles/2020-03-12/asia-stocks-set-to-tumble-after-wall-street-rout-markets-wrap
FAKE NEWS! BIGLY WINNING! #MAGA!![]()
The US stock market has now wiped out the entire $11.5 trillion of value it gained since Trump's 2016 election victory
The Trump administration initially downplayed the coronavirus outbreak, with the economic adviser Larry Kudlow calling it "contained" on February 25.markets.businessinsider.com
It seems hard to believe but it was only 16 days ago that the U.S. stock market was at record highs. It has since fallen more than 25%, marking the fastest time between a new high and a bear market in history. The old record was set in 1929, when it took 42 days over the course of September and October of that year to drop into a bear market. It is never good when the market is breaking a record set in 1929!
Dead *bat* bounce is the proper term at this point in history.![]()
What is a 'dead cat bounce?'
A term often used by technical analysts to explain a small, brief recovery in the price of a declining stock or the broader market, which is then followed by the continuation of a downtrend.www.cnbc.com
So, that's what we are saying Tuesday was?![]()
What is a 'dead cat bounce?'
A term often used by technical analysts to explain a small, brief recovery in the price of a declining stock or the broader market, which is then followed by the continuation of a downtrend.www.cnbc.com
Market's open. We're holding at ~3%, but from my internals, the sell orders are huge and they are mutual fund, which means they process overnight.So, that's what we are saying Tuesday was?
Edit:
Just saw futures. Short something for me. Anything.
What a pile of goddam SOCIALISM. I'd rather die.![]()
But the candidate making this case is ToO rAdICal!![]()
on a scale of 1 to nuke it from orbit, how fucked are weStock Rout Builds In Asia, Nikkei Plunges 10%: Markets Wrap https://www.bloomberg.com/news/articles/2020-03-12/asia-stocks-set-to-tumble-after-wall-street-rout-markets-wrap
on a scale of 1 to nuke it from orbit, how fucked are we
You need investment background to understand that? How do these people get promoted to their senior leadership positions?Is it nap time yet?
I just explained r0 and the exponential growth of the virus, morbidity/mortality rate, etc. of this to my boss and how it impacts supply/demand-side economics, the 80% pay-check to pay-check US population, and high US service industry economy and he just had an epiphany as to why "the world" is "over reacting" to the news. He's a really good sales manager with an insurance background; not investments from the institutional level.
By meeting numbers, man... by meeting numbers.You need investment background to understand that? How do these people get promoted to their senior leadership positions?
More about the extent and amplification. The sr. management teams that came out of investments get it; the guys the came from sales...eh, not so much.You need investment background to understand that? How do these people get promoted to their senior leadership positions?
Must be from fancy bro-ternity, too.By meeting numbers, man... by meeting numbers.
And chances are low that he's non-white.Must be from fancy bro-ternity, too.
What are the chances he is from an unclean country?And chances are low that he's non-white.![]()
wanna take bets on how long it takes for people to get all maintenance de routine once mass layoffs start?Is it nap time yet?
I just explained r0 and the exponential growth of the virus, morbidity/mortality rate, etc. of this to my boss and how it impacts supply/demand-side economics, the 80% pay-check to pay-check US population, and high US service industry economy and he just had an epiphany as to why "the world" is "over reacting" to the news. He's a really good sales manager with an insurance background; not investments from the institutional level.
morbid, yet realistic opinion: suicide rates are about to go up as well.Coworkers husband sold off all his stocks yesterday at a loss of tens of thousands. How mind-bogglingly idiotic.
And to think @stoney has to battle morons like this every single day.
Source?United airlines is looking for govt support... Something, something free market.
My brother does fire investigation. He predicts "unexplained" structure fires are about to increase as well.morbid, yet realistic opinion: suicide rates are about to go up as well.
Yeah? But now he can buy them all back now that the market is up 9%! That guy is crazy like a fox!Coworkers husband sold off all his stocks yesterday at a loss of tens of thousands. How mind-bogglingly idiotic.
And to think @stoney has to battle morons like this every single day.
Deposit $$ into brokerage account, buy stocks. It's that simple.So, most of our stock activity is in (mostly) mutuals with our broker. What would be the fastest, cheapest way for my to turn a chunk of cash I have set aside into stocks right now?
I have never been a day trader or anything...
For simplicity, almost all my accounts are with Fidelity. And their online brokerage service is fine... but @stoney would probably have a better perspective.I want to keep it separate from our other accounts. Can you recommend an online broker?
Remember how I was talking about volume yesterday? This is the S&P.Yeah? But now he can buy them all back now that the market is up 9%! That guy is crazy like a fox!![]()
Date | Open | High | Low | Close* | Adj Close** | Volume |
---|---|---|---|---|---|---|
Mar 13, 2020 | 2,569.99 | 2,711.33 | 2,492.37 | 2,711.02 | 2,711.02 | 600,445,640 |
Mar 12, 2020 | 2,630.86 | 2,660.95 | 2,478.86 | 2,480.64 | 2,480.64 | 8,829,380,000 |
Mar 11, 2020 | 2,825.60 | 2,825.60 | 2,707.22 | 2,741.38 | 2,741.38 | 7,374,110,000 |
Mar 10, 2020 | 2,813.48 | 2,882.59 | 2,734.00 | 2,882.23 | 2,882.23 | 7,635,960,000 |
Mar 09, 2020 | 2,863.89 | 2,863.89 | 2,734.43 | 2,746.56 | 2,746.56 | 8,423,050,000 |
Mar 06, 2020 | 2,954.20 | 2,985.93 | 2,901.54 | 2,972.37 | 2,972.37 | 6,552,140,000 |
Mar 05, 2020 | 3,075.70 | 3,083.04 | 2,999.83 | 3,023.94 | 3,023.94 | 5,575,550,000 |
Mar 04, 2020 | 3,045.75 | 3,130.97 | 3,034.38 | 3,130.12 | 3,130.12 | 5,035,480,000 |
Mar 03, 2020 | 3,096.46 | 3,136.72 | 2,976.63 | 3,003.37 | 3,003.37 | 6,355,940,000 |
Mar 02, 2020 | 2,974.28 | 3,090.96 | 2,945.19 | 3,090.23 | 3,090.23 | 6,376,400,000 |
Feb 28, 2020 | 2,916.90 | 2,959.72 | 2,855.84 | 2,954.22 | 2,954.22 | 8,563,850,000 |
Feb 27, 2020 | 3,062.54 | 3,097.07 | 2,977.39 | 2,978.76 | 2,978.76 | 7,058,840,000
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Schwab, vanguard, fidelity ...I want to keep it separate from our other accounts. Can you recommend an online broker?
They'll all work. Look for low cost. We have money at my company, Vanguard (cheap index funds), and Schwab.For simplicity, almost all my accounts are with Fidelity. And their online brokerage service is fine... but @stoney would probably have a better perspective.
I suspect we ain't found the bottom yet... despite today's activity. Volume numbers you posted are very interesting...Remember how I was talking about volume yesterday? This is the S&P.
Date Open High Low Close* Adj Close** Volume Mar 13, 2020 2,569.99 2,711.33 2,492.37 2,711.02 2,711.02 600,445,640 Mar 12, 2020 2,630.86 2,660.95 2,478.86 2,480.64 2,480.64 8,829,380,000 Mar 11, 2020 2,825.60 2,825.60 2,707.22 2,741.38 2,741.38 7,374,110,000 Mar 10, 2020 2,813.48 2,882.59 2,734.00 2,882.23 2,882.23 7,635,960,000 Mar 09, 2020 2,863.89 2,863.89 2,734.43 2,746.56 2,746.56 8,423,050,000 Mar 06, 2020 2,954.20 2,985.93 2,901.54 2,972.37 2,972.37 6,552,140,000 Mar 05, 2020 3,075.70 3,083.04 2,999.83 3,023.94 3,023.94 5,575,550,000 Mar 04, 2020 3,045.75 3,130.97 3,034.38 3,130.12 3,130.12 5,035,480,000 Mar 03, 2020 3,096.46 3,136.72 2,976.63 3,003.37 3,003.37 6,355,940,000 Mar 02, 2020 2,974.28 3,090.96 2,945.19 3,090.23 3,090.23 6,376,400,000 Feb 28, 2020 2,916.90 2,959.72 2,855.84 2,954.22 2,954.22 8,563,850,000 Feb 27, 2020 3,062.54 3,097.07 2,977.39 2,978.76 2,978.76 7,058,840,000