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Started By
Message
Monday Pain Continued??
Posted on 8/4/24 at 5:16 pm
Posted on 8/4/24 at 5:16 pm
DOW Futures already down 300 points. Wonder if it's due to Middle East mess about to take place? Or continued economic worries?
9
Posted on 8/4/24 at 5:17 pm to TrigSwig
Probably baked in with the Iran retaliation uncertainty
Posted on 8/4/24 at 5:19 pm to TrigSwig
Nasdaq is down much more percentage wise
Posted on 8/4/24 at 5:20 pm to TrigSwig
Nvidia ai chip delay going to pull the market down with it
Posted on 8/4/24 at 5:59 pm to TrigSwig
quote:
DOW Futures already down 300 points. Wonder if it's due to Middle East mess about to take place? Or continued economic worries?
The market was overpriced.
Buffett just dumped 90 Billion in stocks.
Election 3 months away and who knows what insanity will ensue (another scamdemic, "cyber attack" etc) to steal another election.
This post was edited on 8/4/24 at 6:12 pm
Posted on 8/4/24 at 6:10 pm to UltimaParadox
The chip delay was known during the Friday trading session.
Posted on 8/4/24 at 6:11 pm to TrigSwig
Keep on buying…
Posted on 8/4/24 at 6:14 pm to beaverfever
quote:
The chip delay was known during the Friday trading session.
I know, everyone is acting like this was breaking news this weekend.
The Buffett news was released Saturday morning, but they were talking about NVDA during trading hours Friday (which I assumed was part of the reason NVDA continued to drop).
This post was edited on 8/4/24 at 6:16 pm
Posted on 8/4/24 at 6:20 pm to Curb Your TDS
I could 100% be wrong but I think there is a lot of money that missed out on NVDA that will start buying aggressively around 100. We saw this Friday morning IMO.
Posted on 8/4/24 at 6:34 pm to beaverfever
quote:
I could 100% be wrong but I think there is a lot of money that missed out on NVDA that will start buying aggressively around 100. We saw this Friday morning IMO.
NVDA is the Tesla of 5-10 years ago.
It has turned into sort of a cult stock.
I wouldn't be surprised if it continued to melt down, but I don't underestimate the cult to buy the dips, (just like with Tesla a few years back where every dip was bought, until it wasn't)
Posted on 8/4/24 at 7:19 pm to TrigSwig
Posted on 8/4/24 at 7:21 pm to boomtown143
Black Monday, it is going to be historic.
And who knows when the bleeding will stop,
Dow & Nasdaq both down over 300 now
And who knows when the bleeding will stop,
Dow & Nasdaq both down over 300 now
Posted on 8/4/24 at 9:03 pm to Curb Your TDS
quote:
Black Monday, it is going to be historic.
And who knows when the bleeding will stop,
Dow & Nasdaq both down over 300 now
Whose alter are you and why are you so fricking excited with your 34 posts?? I've got 5 years of fixed income maturing to meet annual living expenses with significant excess. You act like this is the first time financial markets may go into the shitter.
Posted on 8/4/24 at 9:16 pm to tirebiter
quote:
Whose alter are you and why are you so fricking excited with your 34 posts?? I've got 5 years of fixed income maturing to meet annual living expenses with significant excess. You act like this is the first time financial markets may go into the shitter.
When I tell people that we are on the verge of a meltdown and to trim and prepare for the crash they laugh at me.
Then when I am right they get mad at me for being right.
Posted on 8/4/24 at 9:16 pm to Curb Your TDS
quote:
Then when I am right they get mad at me for being right
How are you right?
Posted on 8/4/24 at 9:19 pm to TrigSwig
Posted on 8/4/24 at 9:20 pm to boomtown143
Dude, posting news like that over here will just get you banned.
Posted on 8/4/24 at 9:20 pm to TrigSwig
Iran is issue
Posted on 8/4/24 at 9:23 pm to Curb Your TDS
quote:
Curb Your TDS
Member since Aug 2024
49 posts
Thanks Dad
Posted on 8/4/24 at 9:24 pm to UltimaParadox
quote:
Then when I am right they get mad at me for being right
How are you right?
I closed all my long positions on Wednesday after the market popped.
I told friends and family to get out of the market because it's about to get ugly.
Some listened, some didn't.
I'm just kicking myself for not shorting, but I guess being in cash during a crash sure as heck beats taking a beating during a crash.
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