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Worst First Two Weeks of Year for Stocks - Ever

Posted on 1/15/16 at 3:49 pm
Posted by The First Cut
Member since Apr 2012
14817 posts
Posted on 1/15/16 at 3:49 pm
quote:

U.S. stocks plunged again, completing the worst two-week start to a year ever.


quote:

The market was rattled Friday by yet another tumble in the price of oil that slammed energy companies and on a government report showing a dip in retail sales.
This post was edited on 1/15/16 at 3:50 pm
Posted by roadGator
DeBoar’s dome
Member since Feb 2009
159439 posts
Posted on 1/15/16 at 3:50 pm to
Thanks Obama
Posted by genuineLSUtiger
Nashville
Member since Sep 2005
77214 posts
Posted on 1/15/16 at 3:50 pm to
Hope it continues. Endless growth is unsustainable.
Posted by Jim Rockford
Member since May 2011
106096 posts
Posted on 1/15/16 at 3:52 pm to
quote:

government report showing a dip in retail sales.


The retail sales decline was in large part because people are paying less for gas. Stock market traders are herd animals, and about as intelligent. When one gets scared, they all get scared and vice versa. I don't think there's an original thought to be found anywhere on Wall Street.
Posted by LSUBanker
Gonzales, La
Member since Sep 2003
2708 posts
Posted on 1/15/16 at 3:58 pm to
When comments about the stock market tanking hits the O-T...that's my buy signal!

Posted by The First Cut
Member since Apr 2012
14817 posts
Posted on 1/15/16 at 4:01 pm to
quote:

The retail sales decline was in large part because people are paying less for gas.


There was a 0.8% decline in spending on gasoline which contributed to the dip; but, consumers didn't spend the money saved at the pump elsewhere.
Posted by BRgetthenet
Member since Oct 2011
118270 posts
Posted on 1/15/16 at 4:03 pm to
Maybe they used it to tip for to go orders.
Posted by Teddy Ruxpin
Member since Oct 2006
40997 posts
Posted on 1/15/16 at 4:05 pm to
quote:

When comments about the stock market tanking hits the O-T...that's my buy signal!



My body is ready
Posted by Ducyborg
Denver, CO
Member since Apr 2012
1192 posts
Posted on 1/15/16 at 4:10 pm to
not to the universe
Posted by Walking the Earth
Member since Feb 2013
17464 posts
Posted on 1/15/16 at 4:22 pm to
It's not how you start, it's how you finish.
Posted by CadesCove
Mounting the Woman
Member since Oct 2006
40828 posts
Posted on 1/15/16 at 4:24 pm to
quote:

Hope it continues. Endless growth is unsustainable.



Are you really this dumb? You're supposed to be educated, right?
Posted by Tigerlaff
FIGHTING out of the Carencro Sonic
Member since Jan 2010
23195 posts
Posted on 1/15/16 at 4:25 pm to
Stocks are on sale. I bought this week.
Posted by notiger1997
Metairie
Member since May 2009
61797 posts
Posted on 1/15/16 at 4:29 pm to
quote:

Stocks are on sale. I bought this week.


Yeah, I buy every month.

Can't wait for the chicken littles to start posting more.
Zero hedge type of people will be having them want to build bunkers and by buckets of food again soon.
Posted by dukke v
PLUTO
Member since Jul 2006
216684 posts
Posted on 1/15/16 at 4:31 pm to



This country is in a world of trouble moneywise..... A fricking disgrace.............
Posted by genuineLSUtiger
Nashville
Member since Sep 2005
77214 posts
Posted on 1/15/16 at 4:32 pm to
It's going to come tumbling down like the flimsy house of cards that it is soon. Creative destruction.
Posted by notiger1997
Metairie
Member since May 2009
61797 posts
Posted on 1/15/16 at 4:33 pm to
I know right. We should move to Europe or China ASAP.
Posted by Bullfrog
Running Through the Wet Grass
Member since Jul 2010
61811 posts
Posted on 1/15/16 at 4:34 pm to
It will bounce back to a lower high then erode again.

Just as its done since May. I'm going back in when it's sub 13k.

Can't short with my 401k
This post was edited on 1/15/16 at 4:36 pm
Posted by genuineLSUtiger
Nashville
Member since Sep 2005
77214 posts
Posted on 1/15/16 at 4:35 pm to
You won't be able to run. It will be a global phenomenon.
Posted by theronswanson
House built with my hands
Member since Feb 2012
3271 posts
Posted on 1/15/16 at 4:45 pm to
Oh no! it's only 12 points under 16,000. The humanity.
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