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Started By
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Iran shot down a commercial airliner....
Posted on 1/9/20 at 2:15 pm
Posted on 1/9/20 at 2:15 pm
And the stock market is not affected. Makes no sense. fricking fixed piece of shite.
Posted on 1/9/20 at 2:18 pm to Tonio
What that a question or just a general observation from your obviously well-educated point of view?
Posted on 1/9/20 at 2:22 pm to iAmBatman
My question is, why wouldn’t oil go up and the Dow go down on this, if only a spike? I think it’s suspect.
Posted on 1/9/20 at 2:25 pm to Tonio
How much are you shorting the market??
Posted on 1/9/20 at 2:25 pm to Tonio
quote:Let's try another question first. Why would the DOW go down and oil go up based on the information known?
My question is, why wouldn’t oil go up and the Dow go down on this, if only a spike?
Posted on 1/9/20 at 2:27 pm to LSURussian
quote:
How much are you shorting the market??
Lol. I may have a few shares of SDOW....
Posted on 1/9/20 at 2:28 pm to Tonio
quote:Why “should” either happen, especially the stock market decline? Are Apple, Home Depot, Chase, Amazon, etc., suddenly worth less or will be worth less because of this incident?
My question is, why wouldn’t oil go up and the Dow go down on this, if only a spike? I think it’s suspect.
This post was edited on 1/9/20 at 2:30 pm
Posted on 1/9/20 at 2:28 pm to Tonio
While just now becoming official that news has been known for a while.
Additionally, no American lives were lost so it does little to increase our tensions with Iran in the region.
Basically, what occurred has no effect on the US as a whole, so it has little effect on the market.
Additionally, no American lives were lost so it does little to increase our tensions with Iran in the region.
Basically, what occurred has no effect on the US as a whole, so it has little effect on the market.
This post was edited on 1/9/20 at 2:30 pm
Posted on 1/9/20 at 2:28 pm to Tonio
I think it was all wrapped up together. That plain came down in the middle of something bigger and got lumped into any flux in the market
Posted on 1/9/20 at 2:30 pm to PearlJam
quote:
Let's try another question first. Why would the DOW go down and oil go up based on the information known?
Iran just murdered 170 innocent people, including a bunch of Ukrainians. There could be a Legit conflict in Middle East now. That kind of uncertainty should affect stocks and commodities, at least in the near term
Posted on 1/9/20 at 2:33 pm to Tonio
quote:I don't think it was murder. Most believe it to be accidental, so the requisite intent for murder may be lacking. Nevertheless, the situation appears to be stabilizing from where it was a couple of days ago.
Iran just murdered 170 innocent people
Posted on 1/9/20 at 2:42 pm to Tonio
quote:
There could be a Legit conflict in Middle East now. That kind of uncertainty should affect stocks and commodities, at least in the near term
Have you not been paying attention? There has been "legit" conflict in the Middle East for nearly two decades continuously.
Posted on 1/9/20 at 2:50 pm to hungryone
All geopolitical bullshite is temporary anyway. Just stay the course and stop worrying about shite like Iran, China tarrifs, etc.
Keep a good portion of treasuries as a hedge and don't panic sell and you'll be fine.
Keep a good portion of treasuries as a hedge and don't panic sell and you'll be fine.
Posted on 1/9/20 at 2:53 pm to Tonio
quote:Between Iran and who?
There could be a Legit conflict in Middle East now.
Posted on 1/9/20 at 2:58 pm to Tonio
If anything, Boeing stock should go up, as it’s now determined to NOT be another plane failure. BA is almost 8% of the DOW index, so that’s an uphill battle to be short against already.
Sorry you’re short right now... just remember, even if you think the market is “overvalued” or “stupid/fixed” whatever:
The market can remain irrational much longer than you can remain solvent.
For the record, the market is valued at a slight premium right now, but things are different today as well. There is simply no other place to put your money without losing to inflation. So, perhaps the historical valuation of the market is not the best indicator.
Besides that. The long term trajectory has always been bullish. Don’t fight it.
Sorry you’re short right now... just remember, even if you think the market is “overvalued” or “stupid/fixed” whatever:
The market can remain irrational much longer than you can remain solvent.
For the record, the market is valued at a slight premium right now, but things are different today as well. There is simply no other place to put your money without losing to inflation. So, perhaps the historical valuation of the market is not the best indicator.
Besides that. The long term trajectory has always been bullish. Don’t fight it.
This post was edited on 1/9/20 at 3:01 pm
Posted on 1/9/20 at 2:59 pm to hungryone
quote:
Have you not been paying attention? There has been "legit" conflict in the Middle East for nearly two decades continuously
Exactly... at this point I think it'd be safer to say that we'd need to be cautious about the market if there was all of the sudden "Peace" in the middle east.
Posted on 1/9/20 at 3:13 pm to buckeye_vol
quote:This x 1000
Why “should” either happen, especially the stock market decline? Are Apple, Home Depot, Chase, Amazon, etc., suddenly worth less or will be worth less because of this incident?
Posted on 1/9/20 at 5:57 pm to TigerDeBaiter
quote:
Boeing stock should go up, as it’s now determined to NOT be another plane failure.
Boeing is such a rollercoaster
Posted on 1/9/20 at 6:21 pm to LSUtoOmaha
Maybe geopolitical risk is priced into the market, and this incident is merely representative of that risk. Not to mention that Iran is a non-participant/consumer for most US-traded businesses due to sanctions.
Posted on 1/9/20 at 7:49 pm to hungryone
quote:
There has been "legit" conflict in the Middle East for nearly six mellennia continuously.
FIFY
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