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Started By
Message
re: Black Monday in the Stock Market.
Posted on 8/4/24 at 9:07 pm to Bobby OG Johnson
Posted on 8/4/24 at 9:07 pm to Bobby OG Johnson
Reminder
1
Posted on 8/4/24 at 9:08 pm to cbtullis
quote:
Show me a 10 percent drop tomorrow and then I will worry
4,000 point drop in the Dow in 1 day! That would be something! 7-8% would get my attention.
This post was edited on 8/4/24 at 9:12 pm
Posted on 8/4/24 at 9:08 pm to Bobby OG Johnson
This economy and stock market is nothing but a house of cards. This was inevitable. Smoke and mirrors.
Posted on 8/4/24 at 9:15 pm to genuineLSUtiger
quote:
KOREA STOCK EXCHANGE SUSPENDS TRADE AFTER KOSPI 200 FUTURES FALL MORE THAN 5%
Posted on 8/4/24 at 9:16 pm to Bama Bird
quote:
Voters have a 5 day attention span
You overestimate that by 4 days and 23 hours.
Posted on 8/4/24 at 9:19 pm to Bobby OG Johnson
Posted on 8/4/24 at 9:23 pm to Curb Your TDS
I said a few days ago that a crash is coming, and I know it has been dandied about for some time, but from talking to some people, after vacations and with school starting, some people don't have any money and will not be able to withstand a setback. Things are finally bottlenecks for people and decisions are going to have to be made. I don't know how bad things will get or how long they will last, but I expect whenever things kick off, it will only be the first wave. Dark days are ahead.
This post was edited on 8/4/24 at 9:23 pm
Posted on 8/4/24 at 9:23 pm to Bobby OG Johnson
TURN THOSE MACHINES BACK ON!!!
Posted on 8/4/24 at 9:24 pm to Bobby OG Johnson
ruh roh
Posted on 8/4/24 at 9:26 pm to LSUSkip
quote:
said a few days ago that a crash is coming, and I know it has been dandied about for some time, but from talking to some people, after vacations and with school starting, some people don't have any money and will not be able to withstand a setback. Things are finally bottlenecks for people and decisions are going to have to be made. I don't know how bad things will get or how long they will last, but I expect whenever things kick off, it will only be the first wave. Dark days are ahead.
As bad as it may get, maybe it is time for it to happen.
The way things are gong, the only way we can even begin to fix the mess if for it all to crash and burn leaving no choice.
Then we either sink or swim. But maybe now is as good a time as any.
Posted on 8/4/24 at 9:29 pm to cbtullis
quote:
Show me a 10 percent drop tomorrow and then I will worry
If anyone is actually invested, 10% this time of year won’t rattle them. Apple is up 14% YTD, NVDA is up 116% YTD, MSFT is up 8.6 YTD.
This is grasping at straws by desperate people. A real concern should be all the GOP governors running re-election bids on how great the economy is doing. Which is it? The economy sucks or is it doing great?
X
Posted on 8/4/24 at 9:37 pm to Pikes Peak Tiger
A cleansing is needed, one where only the actually strong ones survive. I'm talking purge style.
Posted on 8/4/24 at 9:38 pm to Motownsix
quote:
real concern should be all the GOP governors running re-election bids on how great the economy is doing. Which is it? The economy sucks or is it doing great?
what’s California’s unemployment rate? is it higher than Mississippi’s? if so, why?
Posted on 8/4/24 at 9:40 pm to Motownsix
Sounds pretty bad to me
quote:
This is incredible:
The Nasdaq 100 index is now trading below 18,000 and just 6.5% away from entering bear market territory.
Exactly 18 trading days ago, the index was trading at new all time highs.
In overnight trading today alone, the Magnificent 7 have erased nearly $500 BILLION of market cap.
Since July 16th, the S&P 500 has erased $3.3 TRILLION in market cap.
That's $235 billion PER TRADING DAY for the last 14 trading days in a row.
What just happened?
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Posted on 8/4/24 at 9:41 pm to Bobby OG Johnson
Posted on 8/4/24 at 9:44 pm to Motownsix
Tater isn’t running for reelection moron. He already won his second term
Posted on 8/4/24 at 9:47 pm to lsuguy84
Posted on 8/4/24 at 9:49 pm to Bobby OG Johnson
Posted on 8/4/24 at 9:50 pm to Curb Your TDS
Nasdaq futures are down about 2.5%. On the real black Monday the market dropped 22%
Posted on 8/4/24 at 9:52 pm to boomtown143
Can't wait to hear Kamala s word salad explanation about the stock market
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