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Iran shot down a commercial airliner....

Posted on 1/9/20 at 2:15 pm
Posted by Tonio
Member since Dec 2019
1023 posts
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 by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 1/9/20 at 2:18 pm to
What that a question or just a general observation from your obviously well-educated point of view?
Posted by Tonio
Member since Dec 2019
1023 posts
Posted on 1/9/20 at 2:22 pm to
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 by LSURussian
Member since Feb 2005
126962 posts
Posted on 1/9/20 at 2:25 pm to
How much are you shorting the market??
Posted by PearlJam
NotBeardEaves
Member since Aug 2014
13908 posts
Posted on 1/9/20 at 2:25 pm to
quote:

My question is, why wouldn’t oil go up and the Dow go down on this, if only a spike?
Let's try another question first. Why would the DOW go down and oil go up based on the information known?
Posted by Tonio
Member since Dec 2019
1023 posts
Posted on 1/9/20 at 2:27 pm to
quote:

How much are you shorting the market??


Lol. I may have a few shares of SDOW....
Posted by buckeye_vol
Member since Jul 2014
35236 posts
Posted on 1/9/20 at 2:28 pm to
quote:

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.
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?
This post was edited on 1/9/20 at 2:30 pm
Posted by OleVaught14
Member since Jun 2019
6873 posts
Posted on 1/9/20 at 2:28 pm to
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.
This post was edited on 1/9/20 at 2:30 pm
Posted by NOLAGT
Over there
Member since Dec 2012
13529 posts
Posted on 1/9/20 at 2:28 pm to
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 by Tonio
Member since Dec 2019
1023 posts
Posted on 1/9/20 at 2:30 pm to
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 by PearlJam
NotBeardEaves
Member since Aug 2014
13908 posts
Posted on 1/9/20 at 2:33 pm to
quote:

Iran just murdered 170 innocent people
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.

Posted by hungryone
river parishes
Member since Sep 2010
11987 posts
Posted on 1/9/20 at 2:42 pm to
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 by ulsaint
Member since Oct 2007
2460 posts
Posted on 1/9/20 at 2:50 pm to
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.
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 1/9/20 at 2:53 pm to
quote:

There could be a Legit conflict in Middle East now.
Between Iran and who?
Posted by TigerDeBaiter
Member since Dec 2010
10265 posts
Posted on 1/9/20 at 2:58 pm to
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.
This post was edited on 1/9/20 at 3:01 pm
Posted by SouthMSReb
Member since Dec 2013
4420 posts
Posted on 1/9/20 at 2:59 pm to
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 by TigerTatorTots
The Safeshore
Member since Jul 2009
80773 posts
Posted on 1/9/20 at 3:13 pm to
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?
This x 1000
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26579 posts
Posted on 1/9/20 at 5:57 pm to
quote:

Boeing stock should go up, as it’s now determined to NOT be another plane failure.


Boeing is such a rollercoaster
Posted by jglass3lsu
Member since Jan 2007
882 posts
Posted on 1/9/20 at 6:21 pm to
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 by UpstairsComputer
Prairieville
Member since Jan 2017
1574 posts
Posted on 1/9/20 at 7:49 pm to
quote:

There has been "legit" conflict in the Middle East for nearly six mellennia continuously.



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