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Started By
Message
DOW only up about 15 points presently
Posted on 7/27/18 at 10:03 am
Posted on 7/27/18 at 10:03 am
So what business out there is tanking affecting the low number considering the GDP news this morning?
13
Posted on 7/27/18 at 10:05 am to Homesick Tiger
Posted on 7/27/18 at 10:05 am to Homesick Tiger
Intel and Exxon.
ETA: They are responsible for approximately negative 70 points on the DJ 30 right now.
ETA: They are responsible for approximately negative 70 points on the DJ 30 right now.
This post was edited on 7/27/18 at 10:08 am
Posted on 7/27/18 at 10:05 am to Homesick Tiger
The convo I’m hearing is that there was wide expectation that the number would be high for the past week or so, and that the market adjusted at that time.
Posted on 7/27/18 at 10:06 am to JackieTreehorn
Facebook is not in the Dow Jones 30 Index.
Posted on 7/27/18 at 10:07 am to Homesick Tiger
My expert friend says Cohen bombshell is spooking traders
Posted on 7/27/18 at 10:07 am to LSURussian
Number was already cooked in. There was no sell-off.
Posted on 7/27/18 at 10:08 am to Homesick Tiger
Buy the rumor sell the news.
Posted on 7/27/18 at 10:08 am to HailHailtoMichigan!
You need to get a new expert friend. The one you have is an idiot.
Posted on 7/27/18 at 10:13 am to Homesick Tiger
You need a surprise to move the market. 4.1% is about in line with the estimates.
Posted on 7/27/18 at 10:14 am to JackieTreehorn
Posted on 7/27/18 at 10:14 am to LSURussian
He was being sarcastic.
Posted on 7/27/18 at 10:18 am to LSURussian
I didn't say they were...I just posted a gif of a young man enjoying some water. 
Posted on 7/27/18 at 10:19 am to LSURussian
Why Exxon?
Posted on 7/27/18 at 10:20 am to Homesick Tiger
Only noobs and journalists care about the Dow. Investors use the S&P or other metrics.
Posted on 7/27/18 at 10:21 am to Homesick Tiger
Because our debt to gdp ratio is moving fast in the wrong direction with trump.
Our gdp could be 40% but if we keep going further into debt it won’t matter.
Trump is obama on steroids as far as debt. But the phony conservatives won’t admit it.
Our gdp could be 40% but if we keep going further into debt it won’t matter.
Trump is obama on steroids as far as debt. But the phony conservatives won’t admit it.
This post was edited on 7/27/18 at 10:23 am
Posted on 7/27/18 at 10:26 am to Walkthedawg
quote:They announced their Q2 earnings this morning before the market opened and they missed their profit forecasts.
Why Exxon?
They said it was due to several refinery extended outages during the quarter.
Posted on 7/27/18 at 10:35 am to Skeezer
quote:
Trump is obama on steroids as far as debt. But the phony conservatives won’t admit it.
Could you direct me to the Trump backed legislation that backs up this bullshite?
Posted on 7/27/18 at 10:37 am to troyt37
quote:
Could you direct me to the Trump backed legislation that backs up this bullshite?
Trump signed the tax cuts bill and the omnibus spending bill. 2019 projections are showing a trillion dollar deficit.
Posted on 7/27/18 at 10:39 am to brian_wilson
quote:
You need a surprise to move the market. 4.1% is about in line with the estimates.
Then any estimates made by the "experts" will come as no surprise then? That doesn't make a lot of sense.
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