OK, Why Is the Market Going Down Today?
- Thread starter What Would Jesus Do?
- Start date
I think it's a good time to be on the sidelines. I pulled completely out of the market some time back and I think I'll be on the sidelines for a while then back in, conservatively invested.
Today felt like a day when many institutions sold off their winners. the market leaders that have done nothing but put up tremendous results like NFLX and FB just got pounded today. Probably happens again tomorrow. it will be a very illiquid Friday.
The Shanghai index is the fun one to watch. Currently the Chinese govt has so many controls in place it is crazy. they have forbidden short selling- going on a month now- and they have put serious restrictions on what institutions can sell.
The Shanghai index is the fun one to watch. Currently the Chinese govt has so many controls in place it is crazy. they have forbidden short selling- going on a month now- and they have put serious restrictions on what institutions can sell.
No, you said the market would be "down" at yar end. Down from what? It's all time high (S&P 500 = 2130)? Where it started the year (2058). Where it was when you posted this (say, about 2070)?
That is what I was asking.
I would love another big market drop because I'm younger. But for those of you that are close to retirement, you stock/bond investment ratio should be heavier on the bond side. If the market takes a big hit i.e. another recession (or close to) and your heavily invested in stocks, then that's your own fault. Sorry. A fool and his money are soon parted.
It's funny how the price of oil going up (2008) and down (2015) can BOTH be blamed for a dip in the stock market.
SSSHHHH don't tell guys like wwjd. If not for people like that it would be much harder to make money in the market.
The CNBC Europe folks (where the markets just closed) just said that this was the worst week of the year,
I just meant I would put the trade in over the weekend. Will do a Vangurd 500 ETF, so it will execute early Monday (assuming my limit is satisfied).
It looks just like last August
http://finance.yahoo.com/echarts?s=^VIX+Interactive#{"range":"2y","allowChartStacking":true}
Someone didn't tell China that their debts are good for them. Tell them that and voila, damage fixed.
Gotta love Larry Kudlow. Whatever is happening anywhere in the world, the the answer is to cut US corporate taxes.
Doctor: I'm sorry to tell you this Mr Kudlow but you have HIV.
LK: Quick, cut corporate taxes.
Doctor: I'm sorry to tell you this Mr Kudlow but you have HIV.
LK: Quick, cut corporate taxes.
