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Anyone else took it up the azz today?

Posted on 2/21/25 at 2:58 pm
Posted by FizzyPop
350 posts
Member since Jun 2024
614 posts
Posted on 2/21/25 at 2:58 pm
Today was brutal. Watching some of my reliable stocks like ORCL get buttfricked. Then I thought I would be clever and try to time the steel and aluminum play, thinking surely Trump and Japan are gonna settle on something amazing for X, CLF, AA etc. Yeah right, I might as well have just gone to the casino today.
Posted by SulphursFinest
Lafayette
Member since Jan 2015
10020 posts
Posted on 2/21/25 at 2:59 pm to
I put in l market orders this morning thinking everything was normal. Bad timing.
Posted by JLivermore
Wendover
Member since Dec 2015
1632 posts
Posted on 2/21/25 at 3:32 pm to
Fridays , esp afternoons, have been bloody all year
Posted by LSURussian
Member since Feb 2005
130786 posts
Posted on 2/21/25 at 4:15 pm to
quote:

Anyone else took it up the azz today?
Soccer Board...
Posted by DaBeerz
Member since Sep 2004
18016 posts
Posted on 2/21/25 at 4:18 pm to
How would I take it up the azz if I’m not selling for 20+ years? I don’t invest day to day, I invest for years. One bad day shouldn’t phase you.
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
23156 posts
Posted on 2/21/25 at 4:18 pm to
quote:

Fridays , esp afternoons, have been bloody all year


What the frick happened today, been out of the loop?
Posted by Naked Bootleg
Premium Plus® Member
Member since Jul 2021
2702 posts
Posted on 2/21/25 at 4:24 pm to
quote:

Today was brutal.
Posted by LSURussian
Member since Feb 2005
130786 posts
Posted on 2/21/25 at 4:27 pm to
quote:

What the frick happened today,
United Health, a Dow Jones 30 stock, got notice that Feds are going to look at them for Medicare/Medicaid fraud so they were down almost 50 points in the first 10 minutes of trading. For a DJ30 stock that kind of drop for one of its stocks means an index decline of almost 450 points all by itself.

Things went downhill from there mainly for tech stocks and financials.
Posted by Warfox
B.R. Native (now in MA)
Member since Apr 2017
3527 posts
Posted on 2/21/25 at 4:30 pm to
quote:

United Health,


Couldn’t have happened to a nicer company.
Posted by bigjoe1
Member since Jan 2024
810 posts
Posted on 2/21/25 at 4:43 pm to
Some data out about consumer confidence dropping plus, NVDA reports on the 26TH. Last couple of earnings and the stock dropped.
Posted by Naked Bootleg
Premium Plus® Member
Member since Jul 2021
2702 posts
Posted on 2/21/25 at 5:44 pm to
quote:

Things went downhill from there mainly for tech stocks and financial


Metals languished as well
Posted by meeple
Carcassonne
Member since May 2011
10198 posts
Posted on 2/21/25 at 6:01 pm to
Bought some stuff at the bottom (I hope)
Posted by slackster
Houston
Member since Mar 2009
89444 posts
Posted on 2/21/25 at 6:48 pm to
quote:

United Health, a Dow Jones 30 stock, got notice that Feds are going to look at them for Medicare/Medicaid fraud so they were down almost 50 points in the first 10 minutes of trading. For a DJ30 stock that kind of drop for one of its stocks means an index decline of almost 450 points all by itself.


The DJIA being price weighted is so dumb.
Posted by StreamsOfWhiskey
The Woodlands, TX
Member since Jun 2013
720 posts
Posted on 2/21/25 at 7:11 pm to
Ugly in my portfolio save for MELI
Posted by Naked Bootleg
Premium Plus® Member
Member since Jul 2021
2702 posts
Posted on 2/21/25 at 7:59 pm to
I was yes/no 40/60 load up on MELI a few days ago but last ER it sipped and I held for awhile just to break even.

Curious when will this stock ever split
Posted by sjmabry
Texas
Member since Aug 2013
18603 posts
Posted on 2/21/25 at 9:26 pm to
All times highs early this week. Today took some back. I caught UNH @ $438 after they dropped it from $500
Posted by Nole Man
Somewhere In Tennessee!
Member since May 2011
8008 posts
Posted on 2/21/25 at 11:16 pm to
Yeah, down around 5% overall. Ouch. But, my shares of UVIX were up 14%, so there's that. Just only 10% of the portfolio. Had bought that as a hedge if the market tanks. Very volatile.


Dow Drops 700
Posted by FLObserver
Jacksonville
Member since Nov 2005
15188 posts
Posted on 2/22/25 at 5:45 am to
Anything home related as far as home builders/home building materials has been getting slammed for pretty much the last month.
Posted by lsu xman
Member since Oct 2006
16387 posts
Posted on 2/22/25 at 6:21 am to
S&P dropping 104pts in a day. It can go from up 4%ytd to in the red in no time.
Posted by Art Blakey
Member since Aug 2023
279 posts
Posted on 2/22/25 at 9:28 am to
quote:


What the frick happened today, been out of the loop?


4% inflation print in Japan, JGB 10 blew out to 1.4%, usd/jpy back under 150, carry traders got pinched and started to unwind positions, very similar to Aug 3. Watch the Asian open Sunday night for confirmation.
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