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re: 6/12 Futures: Nasdaq down 225. Dow Down 330. S&P down 58. Blood in the street tomorrow.

Posted on 6/13/22 at 2:46 pm to
Posted by Lsut81
Member since Jun 2005
83748 posts
Posted on 6/13/22 at 2:46 pm to
quote:

Why the market slump is good news" The jokes write themselves


Why inflation is great for the middle class… next thing our leaders will parrot
Posted by Retrograde
TX
Member since Jul 2014
2914 posts
Posted on 6/13/22 at 2:54 pm to
Ugh I’m getting killed today
Posted by lynxcat
Member since Jan 2008
25037 posts
Posted on 6/13/22 at 2:55 pm to
-4% is the biggest single day loss I can remember since COV pandemic started. That'll hurt. Priming to buy-in...going to increase the $ value of my DCAs.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40350 posts
Posted on 6/13/22 at 2:56 pm to
Great day to do some TLH
Posted by j1897
Member since Nov 2011
4325 posts
Posted on 6/13/22 at 3:05 pm to
Yea, today fricking sucked.
Posted by sawtooth
Baton Rouge
Member since Jul 2017
3588 posts
Posted on 6/13/22 at 3:07 pm to
quote:

Priming to buy-in


Why would you buy in? What has changed? We are not even to halftime yet. My energy bill jumped by almost 20% from last month. Oil is still over $120. You have a completely incompetent government.
Posted by Realityintheface
Member since May 2022
1784 posts
Posted on 6/13/22 at 3:25 pm to
You do realize you can make as much on a down day as on an up day?

Research SPXS. There are other bear funds as well for different sectors, etc.

EDIT: Meant to say SPXS. Changed it in the post as well.
This post was edited on 6/13/22 at 3:27 pm
Posted by MrLSU
Yellowstone, Val d'isere
Member since Jan 2004
29037 posts
Posted on 6/13/22 at 3:31 pm to
JP Morgan just said their economists now see the Fed hiking at least a 75 bps this week. Others are now predicting a 100 bps increase on Thursday.
Posted by GREENHEAD22
Member since Nov 2009
20583 posts
Posted on 6/13/22 at 3:42 pm to
I thought .75 to 1 was expected?
Posted by HailToTheChiz
Back in Auburn
Member since Aug 2010
53804 posts
Posted on 6/13/22 at 3:46 pm to
quote:

JP Morgan just said their economists now see the Fed hiking at least a 75 bps this week. Others are now predicting a 100 bps increase on Thursday.



I'll believe it when I see it
Posted by castorinho
13623 posts
Member since Nov 2010
86621 posts
Posted on 6/13/22 at 5:06 pm to
quote:

I thought .75 to 1 was expected?
That's a pretty recent sentiment. Like past four-five days
Posted by Parallax
Member since Feb 2016
1458 posts
Posted on 6/13/22 at 5:11 pm to
All of the banks and hedge funds seem to be demanding a 75-100 bps hike. The Fed previously said those weren’t on the table and I’ve seen on Twitter that increasing the rate hike won’t really make things better… so what is the incentive for the banks/hedge funds for the higher hike?
Posted by TigerFanatic99
South Bend, Indiana
Member since Jan 2007
34889 posts
Posted on 6/13/22 at 5:59 pm to
quote:

I'll believe it when I see it


This. I feel like the feds are relatively comfortable with the previously forecasted half point hikes now and next month. People forget about the qualitative tightening they are doing as well right now.

That being said, I would prefer to see those two 50 point hikes being changed to 75 point hikes.
Posted by Triple Bogey
19th Green
Member since May 2017
6572 posts
Posted on 6/13/22 at 6:27 pm to
CNBC just reported that the expectation from the Fed is .75 hike this week

Buy something when the vix hits 35. Other than that, leave it alone.
This post was edited on 6/13/22 at 6:29 pm
Posted by Aubie Spr96
lolwut?
Member since Dec 2009
43996 posts
Posted on 6/13/22 at 6:44 pm to
I think whatever the Fed does will have a bad market reaction. 50 points and it’s not enough. More than 50 points then they admit there are serious problems. Either way, I see the market reacting poorly.
Posted by canyon
MM23
Member since Dec 2003
21560 posts
Posted on 6/13/22 at 6:55 pm to
Yeah I’d hate to see the market react poorly.
I mean its only down 20% since January
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