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Started By
Message
Futures look bad globally
Posted on 5/1/16 at 12:18 pm
Posted on 5/1/16 at 12:18 pm
With two moderate to severe drops last Thursday and Friday, depending on the market (Japan was severe last Thursday), we're looking at some grim futures ahead.
Question is, do we buy the dip and return to near highs again?
Or
Will we get another 8 percent trim before it's done?
Opinions welcome.
Question is, do we buy the dip and return to near highs again?
Or
Will we get another 8 percent trim before it's done?
Opinions welcome.
5
Posted on 5/1/16 at 12:30 pm to bayoubengals88
Are you talking about Oil?
This post was edited on 5/1/16 at 12:31 pm
Posted on 5/1/16 at 12:31 pm to LSUneaux
I'm talking about world indexes.
Posted on 5/1/16 at 12:35 pm to bayoubengals88
What timeline are you looking at for future looking bad? Next week? next few months?
Posted on 5/1/16 at 12:37 pm to TigerTatorTots
Just the next couple of days. A continuation of the last couple of days.
I'm mainly looking for more informed opinions than my own. I'm a sponge.
I'm mainly looking for more informed opinions than my own. I'm a sponge.
Posted on 5/1/16 at 12:57 pm to bayoubengals88
quote:
do we buy the dip and return to near highs again?
Or
Will we get another 8 percent trim before it's done?
Wish I could help you with predictions like this. I would be retired by now.
Posted on 5/1/16 at 12:57 pm to bayoubengals88
Markets just absorbing BOJ decision from last Thursday.
Investors will soon realize strengthening yen/weakening dollar good for all risk assets.
Don't fight the Fed.
And oh btw, Fed isn't tightening any time soon (regardless of what talking heads think). Remember yuan is pegged to dollar. Dollar strengthening = yuan strengthening and Chinese are trying to stimulate. Not tighten. Look at last Aug and this Jan. Fed gets it now.
Enjoy the ride.
Investors will soon realize strengthening yen/weakening dollar good for all risk assets.
Don't fight the Fed.
And oh btw, Fed isn't tightening any time soon (regardless of what talking heads think). Remember yuan is pegged to dollar. Dollar strengthening = yuan strengthening and Chinese are trying to stimulate. Not tighten. Look at last Aug and this Jan. Fed gets it now.
Enjoy the ride.
Posted on 5/1/16 at 1:29 pm to bayoubengals88
Hopefully not, I just maxed out my roth for last year and this year.
Posted on 5/1/16 at 2:35 pm to bayoubengals88
I don't think there are any futures makets open right now FWIW. You're probably looking at last Friday.
I am thinking the Nikkei will drop another 2-4% as they were closed Friday.
Russia, China, and the UK are closed Monday.
I am thinking the Nikkei will drop another 2-4% as they were closed Friday.
Russia, China, and the UK are closed Monday.
Posted on 5/1/16 at 2:56 pm to TigerDeBaiter
damn you're right. They don't open until 4:00 now that I think about it.... 
note to self: stay off investing.com at while working out.
note to self: stay off investing.com at while working out.
This post was edited on 5/1/16 at 2:59 pm
Posted on 5/1/16 at 3:36 pm to bayoubengals88
Posted on 5/1/16 at 7:52 pm to TigerDeBaiter
Damn, Japan is down about 4%.
What a mess they've created over there.
What a mess they've created over there.
Posted on 5/1/16 at 10:20 pm to TigerDeBaiter
Bad for them = good for us
All about the currency
All about the currency
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