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70% of NASDAQ listed issues have entered correction territory

Posted on 10/18/18 at 4:05 pm
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 10/18/18 at 4:05 pm
Will this impact the election?

Posted by Jjdoc
Cali
Member since Mar 2016
53426 posts
Posted on 10/18/18 at 4:06 pm to
Nope
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69215 posts
Posted on 10/18/18 at 4:07 pm to
No
Posted by HailToTheChiz
Back in Auburn
Member since Aug 2010
48872 posts
Posted on 10/18/18 at 4:07 pm to
No
Posted by 225bred
COYS
Member since Jun 2011
20386 posts
Posted on 10/18/18 at 4:07 pm to
quote:

I B Freeman


This post was edited on 10/18/18 at 4:09 pm
Posted by Sentrius
Fort Rozz
Member since Jun 2011
64757 posts
Posted on 10/18/18 at 4:07 pm to
No.
Posted by Big_Slim
Mogadishu
Member since Apr 2016
3977 posts
Posted on 10/18/18 at 4:09 pm to
shite I don’t even know anymore. Democrats act totally unhinged and have no discernible platform, but evidently they are still getting a lot of support so who the frick knows what the average American is thinking.
Posted by NC_Tigah
Carolinas
Member since Sep 2003
123745 posts
Posted on 10/18/18 at 4:10 pm to
quote:

70% of NASDAQ listed issues have entered correction territory
From all-time highs?
quote:

Will this impact the election?
No
Posted by stat19
Member since Feb 2011
29350 posts
Posted on 10/18/18 at 4:10 pm to
quote:

I B Freeman


I'm curious, what is your vocation?
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 10/18/18 at 4:11 pm to
You are correct--millions of pensions are now being impacted by trade policy and the Fed increases. Americans are beginning to make the sacrifices Trump predicted and Ross ignores.

The good news is Trump knows prolong increases in consumer prices from trade policies are not good for the economy. Unfortunately the markets seem to think this trade dispute will not resolve itself very quickly after Kudlow said so today.

If it were their intentions to make the tariffs temporary why didn't they remove the steel tariffs on Canada when they cut that deal with Canada??? Oh yes Ross and Navarre.
Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 10/18/18 at 4:12 pm to
and yet the NASDAQ is still 500 points higher than the start of the year

NASDAQ graph - click YTD
Posted by Sidicous
Middle of Nowhere
Member since Aug 2015
17067 posts
Posted on 10/18/18 at 4:13 pm to
quote:


I'm curious, what is your vocation?
Tariff NPC
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69215 posts
Posted on 10/18/18 at 4:13 pm to
quote:


I B Freeman



Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 10/18/18 at 4:13 pm to
You are correct---however the NASDAQ index is heavily influenced by some very large cap stocks. Those FAANG stocks have done very well this year but the overall majority of actually issues listed on the NASDAQ have entered correction territory.
This post was edited on 10/18/18 at 4:17 pm
Posted by 225bred
COYS
Member since Jun 2011
20386 posts
Posted on 10/18/18 at 4:15 pm to
Posted by Balloon Huffer
Member since Sep 2010
3421 posts
Posted on 10/18/18 at 4:20 pm to
No, this is totally new. This has never happened before.

You know the old saying " What goes up, never comes down."

Oh, that saying doesn't exist? Strange.....

You are the Webster's definition of pseudo-intelligence. You are smart, but not nearly as smart as you think. Additionally, you have NO REAL WORLD experience..... and clearly NONE in a leadership role.

No worries young buck, many ,including myself, were once like you. Then I started making money..... If you are ever lucky enough to start having things to lose.......your opinions will change.

For the market ----- Oh -- There will be a correction, in both the market and the overall economy. This has to happen. The FEDS will do it on purpose.... under the guise that it will prevent a bigger future crash.

Regardless, some of us, will just get even richer,

while.... U B Screaman.
This post was edited on 10/18/18 at 4:21 pm
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 10/18/18 at 4:22 pm to
Oh you don't have to tell me. I have experienced all of them since about 1978.

Frankly it is crazy to equate the market with economic performance like so many here do.
Posted by Lg
Hayden, Alabama
Member since Jul 2011
6785 posts
Posted on 10/18/18 at 4:36 pm to
quote:

Additionally, you have NO REAL WORLD experience.....


He's an actual business owner that loves China more than he does the U.S.A. Actually I think he may be a lobbyist for cheap Chinese crap. At least that's what he sounds like.
Posted by Big_Slim
Mogadishu
Member since Apr 2016
3977 posts
Posted on 10/18/18 at 4:37 pm to
quote:

You are the Webster's definition of pseudo-intelligence. You are smart, but not nearly as smart as you think. Additionally, you have NO REAL WORLD experience..... and clearly NONE in a leadership role.


God damn this place can get toxic quick
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
259600 posts
Posted on 10/18/18 at 4:39 pm to
quote:

God damn this place can get toxic quick


Too man overemotional snake wflakes posting here
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