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Started By
Message
Black Monday ?
Posted on 2/2/25 at 11:52 am
Posted on 2/2/25 at 11:52 am
Bitcoin is down to 97k.
Market sold off hard Friday after tariff news.
This could get ugly.
Market sold off hard Friday after tariff news.
This could get ugly.
11
Posted on 2/2/25 at 12:00 pm to smarterthanu
I hope so. Buying opportunity.
Posted on 2/2/25 at 12:03 pm to smarterthanu
It could. It might. Maybe not though.
Posted on 2/2/25 at 1:05 pm to smarterthanu
Oh noz orange bad amirite
Posted on 2/2/25 at 1:09 pm to smarterthanu
Bitcoin not really an indicator except for high risk trades.
Futures mostly look like noise, would expect most major indices to be down though as a lot of uncertainty on how the tariffs will ultimately be executed.
Futures mostly look like noise, would expect most major indices to be down though as a lot of uncertainty on how the tariffs will ultimately be executed.
This post was edited on 2/2/25 at 1:12 pm
Posted on 2/2/25 at 1:44 pm to smarterthanu
Stock prices are a factor of earnings.
If companies don’t pass increases then earnings will suffer and/or possible decrease in overall economic activity.
This is another bogeyman. Markets don’t like uncertainty. However, this could be over in a few weeks.
This doesn’t change my investment thesis in long term.
Most people can’t handle it and sell into weakness. Since I’m not a trader I don’t worry about days or weeks.
If companies don’t pass increases then earnings will suffer and/or possible decrease in overall economic activity.
This is another bogeyman. Markets don’t like uncertainty. However, this could be over in a few weeks.
This doesn’t change my investment thesis in long term.
Most people can’t handle it and sell into weakness. Since I’m not a trader I don’t worry about days or weeks.
Posted on 2/2/25 at 1:57 pm to smarterthanu
Third Black Monday since August?
Posted on 2/2/25 at 2:57 pm to meeple
quote:
Third Black Monday since August?
Yes. And we'll be green by Wednesdy
Posted on 2/2/25 at 5:54 pm to Drizzt
quote:
I hope so. Buying opportunity.
Absolutely buy and buy more
Posted on 2/2/25 at 6:18 pm to kaaj24
quote:
Stock prices are a factor of earnings.
Posted on 2/2/25 at 6:19 pm to wutangfinancial
quote:
wutangfinancial
My exact reaction.
Posted on 2/2/25 at 6:25 pm to I Love Bama
Hilarious when the permabid crowd pretends fundamentals and economics matter. It will at some point but not in the last twenty years.
Posted on 2/2/25 at 6:41 pm to smarterthanu
A Black Monday during Black History Month is a good thing!! Let's gooooooo!!!!
Posted on 2/2/25 at 6:46 pm to smarterthanu
Bitcoin isn’t an indicator of anything.
It’s a buying opportunity for those of us who have liquidity. Nothing more. Will probably take several weeks for tariffs to shake out. This is nothing but a blip.
It’s a buying opportunity for those of us who have liquidity. Nothing more. Will probably take several weeks for tariffs to shake out. This is nothing but a blip.
Posted on 2/2/25 at 6:52 pm to smarterthanu
Dogecoin down 22% now. Ether down 12%. Bitcoin down 5%. Pretty significant slide headed into the week.
Posted on 2/2/25 at 7:10 pm to MoeJoeGumbo
What has happened to this board?
Posted on 2/2/25 at 7:19 pm to MoeJoeGumbo
quote:
Dogecoin down 22% now. Ether down 12%. Bitcoin down 5%. Pretty significant slide headed into the week.
You must be new to crypto securities. That's an average Tuesday.
Posted on 2/2/25 at 7:35 pm to UltimaParadox
I remember when ETH would have like 25% intraday moves what felt like every single day lol
Posted on 2/2/25 at 7:39 pm to UltimaParadox
Nah...I'm just happy I don't have any of it.
Posted on 2/2/25 at 7:41 pm to kaaj24
quote:Oh you sweet summer child.
Stock prices are a factor of earnings.
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