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Stock getting hammered again.

Posted on 10/18/18 at 12:53 pm
Posted by Northwestern tiger
Long Island NY
Member since Oct 2005
23483 posts
Posted on 10/18/18 at 12:53 pm
Saudi Arabia situation
China slowing down
Feds being morons

Thoughts?
Posted by CoachChappy
Member since May 2013
32503 posts
Posted on 10/18/18 at 12:56 pm to
quote:

Saudi Arabia situation

Possibility of oil being uncertain

quote:

China slowing down

Maybe a little

quote:

Feds being morons

Probably the biggest factor of the 3. Raising rates lowers home prices and people purchasing power for homes which are the biggest purchases people will make. More people will be willing to stay in their current house than try to upgrade or build. Their dollar doesn't go as far. This affects not only the housing market, but everyone connected to it including everything from lumber to banking.
This post was edited on 10/18/18 at 12:58 pm
Posted by stat19
Member since Feb 2011
29350 posts
Posted on 10/18/18 at 12:59 pm to
Everyone pulled out of an eco summit because he's already dead and at this point what difference does it make.


...then the stocks started falling.

It'll correct tomorrow when they change the narrative.
Posted by Walkthedawg
Dawg Pound
Member since Oct 2012
11466 posts
Posted on 10/18/18 at 1:00 pm to
What goes down, must come back up.
Posted by OchoDedos
Republic of Texas
Member since Oct 2014
33968 posts
Posted on 10/18/18 at 1:00 pm to
It's the Thursday before the Friday rally.
Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 10/18/18 at 1:01 pm to
Where was this thread when it went up last week?
Posted by Quidam65
Q Continuum
Member since Jun 2010
19307 posts
Posted on 10/18/18 at 1:01 pm to
Since the Thrift Savings Plan buys shares on the Thursdays before payday, and tomorrow is payday, buy low sell high!
Posted by Big Scrub TX
Member since Dec 2013
33310 posts
Posted on 10/18/18 at 1:02 pm to
quote:

Stock getting hammered again.


S&P 500 down 1.6%. Hammered? Nah.
Posted by Tmcgin
BATON ROUGE
Member since Jun 2010
4944 posts
Posted on 10/18/18 at 1:03 pm to
Think Trump will tweet about it?
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