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re: Stocks fall sharply today - More than 95% of stocks in S&P 500 down

Posted on 5/18/22 at 3:53 pm to
Posted by Chad504boy
4 posts
Member since Feb 2005
166082 posts
Posted on 5/18/22 at 3:53 pm to
quote:

Alan Greenspan is envious of your fiscal acumen.


what's a meteorologist have anything to do w this.
Posted by nes2010
Member since Jun 2014
6752 posts
Posted on 5/18/22 at 3:54 pm to
quote:

It is almost like people are buying things online more and more....changing technology has simply moved the market from in person shopping to ordering for delivery. It is what it is.


Amazon also missed their projections.
Posted by Klark Kent
Houston via BR
Member since Jan 2008
66682 posts
Posted on 5/18/22 at 3:54 pm to
quote:

It is almost like people are buying things online more and more....changing technology has simply moved the market from in person shopping to ordering for delivery. It is what it is.


Oweo forgetting to log out of his alter account.
Posted by LNCHBOX
70448
Member since Jun 2009
84049 posts
Posted on 5/18/22 at 3:55 pm to
quote:

It is almost like people are buying things online more and more....changing technology has simply moved the market from in person shopping to ordering for delivery. It is what it is.




Yea, Walmart and Target should really consider selling online.
Posted by FredBear
Georgia
Member since Aug 2017
14960 posts
Posted on 5/18/22 at 3:55 pm to
quote:

It’s almost like…. Those same brick and mortar stores also have online sales.



You beat me to it. I was going to ask him if he was seriously suggesting the likes of Target,Walmart, etc. did not have online shopping. The guy is deflecting hard
Posted by beebefootballfan
Member since Mar 2011
19002 posts
Posted on 5/18/22 at 3:55 pm to
Well when you start letting dudes with dicks piss in the women's bathroom and sell clothes so trans kids can hide their private parts, your bound to lose some business.
Posted by Ingeniero
Baton Rouge
Member since Dec 2013
18253 posts
Posted on 5/18/22 at 3:56 pm to
This means stocks are a scam, right?
This post was edited on 5/18/22 at 3:58 pm
Posted by When in Rome
Telegraph Road
Member since Jan 2011
35536 posts
Posted on 5/18/22 at 3:56 pm to
Sounds like a good day to buy VOO!
This post was edited on 5/18/22 at 3:58 pm
Posted by frequent flyer
USA
Member since Jul 2021
2980 posts
Posted on 5/18/22 at 3:56 pm to
quote:

Technology stocks, which led the market rally a day earlier, were the biggest drag on the S&P 500. Apple lost 5.9%.



So its hitting everything now.
Posted by frequent flyer
USA
Member since Jul 2021
2980 posts
Posted on 5/18/22 at 3:57 pm to
quote:

Amazon also missed their projections.



Apple and Cisco too.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
259858 posts
Posted on 5/18/22 at 3:58 pm to
Recession incoming.
Posted by Klark Kent
Houston via BR
Member since Jan 2008
66682 posts
Posted on 5/18/22 at 3:59 pm to
the major IT companies are already about to start a hiring freeze. things are about to get interesting.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
259858 posts
Posted on 5/18/22 at 3:59 pm to
quote:

This is exactly what they told you they would do, now they are doing it. This administration is not a failure at all, despite what many say


This is true. No way they were as ignorant as they let on.
Posted by Jones
Member since Oct 2005
90435 posts
Posted on 5/18/22 at 4:00 pm to
quote:

It is almost like people are buying things online more and more....changing technology has simply moved the market from in person shopping to ordering for delivery. It is what it is.


Lol
Posted by frequent flyer
USA
Member since Jul 2021
2980 posts
Posted on 5/18/22 at 4:00 pm to
quote:

Recession incoming.




Might already be here.
Posted by TejasHorn
High Plains Driftin'
Member since Mar 2007
10877 posts
Posted on 5/18/22 at 4:01 pm to
So far this feels like mostly a Wall Street correction and not a Main Street recession.

I know the latter lags the former historically but the market just seemed way too overvalued. All that almost-free money getting poured into the casino is drying up finally.

And that’s money continuously pumped in by 4 presidents if you’re into the blame game.
This post was edited on 5/18/22 at 4:04 pm
Posted by 777Tiger
Member since Mar 2011
73856 posts
Posted on 5/18/22 at 4:04 pm to
Good time to shift bond money in your portfolio to stocks.
Posted by bad93ex
Member since Sep 2018
26959 posts
Posted on 5/18/22 at 4:04 pm to
I was assured that this was the greatest economic recovery ever
Posted by BlackPawnMartyr
Houston, TX
Member since Dec 2010
15284 posts
Posted on 5/18/22 at 4:05 pm to
The Great Joecession. If you voted for this, and are alive, you are a first class idiot.
Posted by WaWaWeeWa
Member since Oct 2015
15714 posts
Posted on 5/18/22 at 4:09 pm to
“The cure can’t be worse than the disease”

- Donald J Trump circa 2019
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