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Wow---stock market futures indicate the market will open up over 400 points tomorrow

Posted on 12/2/18 at 9:28 pm
Posted by CallmeSmith
Member since Dec 2018
4 posts
Posted on 12/2/18 at 9:28 pm
I sure am glad the slide seems to have stopped. That is a very large gap up in the index.

What do you think is the reason?? Will this help Trump?

The market was up about 5% over the last week. Something about tariffs I think
This post was edited on 12/2/18 at 9:32 pm
Posted by NC_Tigah
Carolinas
Member since Sep 2003
123743 posts
Posted on 12/2/18 at 9:33 pm to
quote:

What do you think is the reason??
They were oversold, and there was a hint of G20 trade news
Posted by CallmeSmith
Member since Dec 2018
4 posts
Posted on 12/2/18 at 9:34 pm to
must of have been good news
Posted by SloaneRanger
Upper Hurstville
Member since Jan 2014
7567 posts
Posted on 12/2/18 at 9:37 pm to
quote:

What do you think is the reason??


Reason is the "truce" with China on tariffs. We'll see how it all plays out. It can go 400+ the other way in a heartbeat.
Posted by ShortyRob
Member since Oct 2008
82116 posts
Posted on 12/2/18 at 9:38 pm to
I'm good with this.
Posted by Revelator
Member since Nov 2008
57712 posts
Posted on 12/2/18 at 9:39 pm to
quote:

What do you think is the reason??


The Fed chairman made a speech about not raising interest rates.
Posted by NC_Tigah
Carolinas
Member since Sep 2003
123743 posts
Posted on 12/2/18 at 9:40 pm to
quote:

must of have been good news

400 pts is roughly 1.5%. FYI it's now up 200 or 0.75%.
Posted by CallmeSmith
Member since Dec 2018
4 posts
Posted on 12/2/18 at 9:43 pm to
After a 5% increase last week---I think that is a lot!!!

The market cap of the Dow index is about $7.5 trillion. So 5% is about $375 billion.

Thats a big number to me.
Posted by CallmeSmith
Member since Dec 2018
4 posts
Posted on 12/2/18 at 9:47 pm to
WOW the Dow mini future is trading up 492 now at 26031.

Those tariffs must have been a big deal to the stock market and the funds.
Posted by ABearsFanNMS
Formerly of tLandmass now in Texas
Member since Oct 2014
17436 posts
Posted on 12/2/18 at 9:51 pm to
quote:

CallmeSmith


So IB is back?
Posted by TigerAxeOK
Where I lay my head is home.
Member since Dec 2016
24601 posts
Posted on 12/2/18 at 9:57 pm to
quote:

So IB is back?
I was just thinking this same thing
Posted by cahoots
Member since Jan 2009
9134 posts
Posted on 12/4/18 at 11:36 am to
Bump
Posted by deltaland
Member since Mar 2011
90404 posts
Posted on 12/4/18 at 11:38 am to
Market down over 500 now.

Trumps economy is in a tailspin now that the Obama era policies are no longer affecting it. I expect a major recession looming on the horizon just like what happened with the last GOP president. Tax cuts and trickle down do not work. We need higher taxes, more regulation on business, and a stronger safety net along with lower interest rates and Fed printing money
Posted by ShortyRob
Member since Oct 2008
82116 posts
Posted on 12/4/18 at 11:42 am to
quote:

Trumps economy is in a tailspin now that the Obama era policies are no longer affecting it. I expect a major recession looming on the horizon just like what happened with the last GOP president. Tax cuts and trickle down do not work. We need higher taxes, more regulation on business, and a stronger safety net along with lower interest rates and Fed printing money

Posted by BHTiger
Charleston
Member since Dec 2017
4961 posts
Posted on 12/4/18 at 11:48 am to
My GAWD......no words, just speachless at the level of stupidity.
Posted by bostitch
Member since Apr 2016
532 posts
Posted on 12/4/18 at 11:51 am to
Pretty sure it was a joke.
Posted by Ten Bears
Florida
Member since Oct 2018
3225 posts
Posted on 12/4/18 at 11:59 am to
We goin Sizzler...we goin Sizzler...
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
51394 posts
Posted on 12/4/18 at 12:10 pm to
Something needs to happen, I'm taking a fricking beating on my Vanguard Growth ETF
Posted by smash williams
San Diego
Member since Apr 2009
19739 posts
Posted on 12/4/18 at 8:10 pm to
What a disaster.
Posted by Skeezer
Member since Apr 2017
2296 posts
Posted on 12/4/18 at 8:50 pm to
The market is in deep crap. And our president is an economics lightweight
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