Market Sell Off!!
- Thread starter whitedust
- Start date
whitedust; oversold, or over bought??? Best watch the gb's??? Raising debt limit sooner than later now??? At the very least, warning flags. Markets could quickly become very volatile. Investors talking of blow off top last fall??? Idk. As to the real deal thing slimcake, I sure hope your right.
Don't follow this as close as I should but didn't this all start when those three financial powerhouses were going to come together and form their own insurance company to provide more cost effective insurance to employers, it seemed like when that announcement was made the market tanked a bit and has since then.
On a positive note; 10 years ago was the start of the recession so we've come a long ways since then.
Certainly a correction and one that has been anticipated. Nevertheless, ugly and hate to see it. A lot of dollars went up in smoke the last couple of days.
Certainly a correction and one that has been anticipated. Nevertheless, ugly and hate to see it. A lot of dollars went up in smoke the last couple of days.
C
Cirrus_Driver
Guest
Market whip-sawed up +595 late this afternoon. Market manipulation.
Between Friday and Monday drops, I was down approx. $20,000 on just two of my accounts.
Long term the economy is fine, but interest rates will be a limiting factor on equities. Diversify to bonds and other investment vehicles, if you haven't already.
Between Friday and Monday drops, I was down approx. $20,000 on just two of my accounts.
Long term the economy is fine, but interest rates will be a limiting factor on equities. Diversify to bonds and other investment vehicles, if you haven't already.
I expected that after Europe closed 11AM -2PM should show a trend good or bad... went up good for us for now. Freakin ETFs have a hand in this mess too. Too much concern regarding interest rate possibilities that have NOT happened yet. No panic for me and I don't want to look at losses yet % - good enough for now.
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Both lead to this... LOL
highhertel
Member
It's all about interest rates and inflation. The long bull is done, question is, where do we settle? 22,000 or 18,000 or 14,000 or lower? XIV being liquidated, it gets much worse from here.
Intrest rates are big in my opinion, and the energy prices also. Many bankers are watching very closely as they don't like what they see in the tax plan several years out???? I'm pretty much with highertel's position. Better be diversified, and your wings spread wide!!!
highhertel
Member
Getting oversold, should bounce soon before more down. I buy SPY puts and TVIX for the bear side. Bull market is over (until it isn't) HH
uncle_ed
Active member
I cant put my finger on why the market was doing so good these last 2 years but it sure was a steady growth that was a nice ride. I figured the prior 5 or 6 years of growth was due to QE1, 2 and 3 more than anything and just dont think we have had major business growth as a result of that so hope some of these new changes from Trump work and we start to see that. In the mean time I think we are going to see some big swings in the market for a time to come. Hope Im wrong but half my money is in the market and the other half in bonds so If the dow hits 17000 again I may go all in again......IDK
WOW!!!!!!!! That's some optimism!!!!!!!!!!!!! Many market analyst feel the market level is 30% over inflated, and have been expecting a major correction??????????
highhertel
Member
You just nailed every reason why the markets are entering a bear market, interest rates...good news is now bad.
This today from Raymond James advisors;
The fundamentals of the economy are strengthening. Higher interest rates are a byproduct of a stronger economy.
It's not often you get a substantial pullback in the market when both economic and earnings growth are strengthening. Stay calm. Stay invested in equities. Don't fight the fundamentals.
We're in it for the long haul. The stock market has always had corrections and bear markets, it always has and always will. Hate to see losses but it's just the nature of thing, the market always comes back and grows even more.
The fundamentals of the economy are strengthening. Higher interest rates are a byproduct of a stronger economy.
It's not often you get a substantial pullback in the market when both economic and earnings growth are strengthening. Stay calm. Stay invested in equities. Don't fight the fundamentals.
We're in it for the long haul. The stock market has always had corrections and bear markets, it always has and always will. Hate to see losses but it's just the nature of thing, the market always comes back and grows even more.