Stocks getting killed again

[MrCapitalism]

And now its up 400. Stop being an enemy of the nation and talking down the economy. This is the greatest economy in the history of any country. And that is coming off 8 years of the most destructive economic policies in world history. What is happening is historic and you want to suffer.

Commies.

[Cratic3947]

@Axxowiz

The new Fed chair is spooking a lot of investors. I understand the reasoning if the rates stay at zero the Fed loses its ability to lower rates in times of turmoil, but he seems to be very hawkish after the likes of Bernanke and Yellen. I thought Yellen was a good Fed chief.

Redirect Notice

Yes, Yellen did fine. I was skeptical of her, but have no complaints about her work there, now.

[DougBH]

@Blackwolf

I blame the lib mob for deliberately sabotaging the economy in order to make Donald look bad right before the midterms. They don’t control the White House, Congress, or the SCOTUS, but the Deep State is insidious and powerful.

So one more poster joins the Mr. Capitalism club.

[Blackwolf]

@DougBH

So one more poster joins the Mr. Capitalism club.

You have a better explanation for why Donald and the GOP can’t perform?

The lib mob is real, and powerful.

[ImRightYoureWrong]

@Axxowiz

The new Fed chair is spooking a lot of investors. I understand the reasoning if the rates stay at zero the Fed loses its ability to lower rates in times of turmoil, but he seems to be very hawkish after the likes of Bernanke and Yellen. I thought Yellen was a good Fed chief.

It’s more about keeping inflation in check and having steady GDP growth. Basically keeping a stable currency. We are at full employment with 3% GDP. Time to start raising rates

[MoleUK]

Another bad day ahead maybe.

CNBC

[CaughtInTheMiddle]

@reflechissez

@Axxowiz

That’s how it works, at least you made a gain imagine the people who just bought it the day before the 31% plunge.

Ever transaction has a buyer and a seller. Imagine the people who sold it after it was down 31%

As a trader myself, two things really irritate me. First, some people think when you buy or sell a stock there’s not a human/group of people on the other end making or losing money.

Second, people look at intraday charts as some kind of long term sign. Usually at 10am.

[hindsight]

DOW is tumbling again, down ~400 points with 20 minutes to go.

[ImRightYoureWrong]

Winning
10char

[MichaelScarn]

down hard again today. Not good for people about to retire.

[moonshine]

the trump bear market…

[conan]

Just like clock work…in time for Nov election.

[goodbyte]

@MichaelScarn

down hard again today. Not good for people about to retire.

People who are about to retire should only have a small amount of investments in higher-risk funds at this point. Unless they’ve shifted their investments badly over the years, they shouldn’t be hurt much.

[sikofit]

@MichaelScarn

down hard again today. Not good for people about to retire.

Today’s drop is obviously a direct result of Obama’s speech yesterday attacking America

[MichaelScarn]

@goodbyte

People who are about to retire should only have a small amount of investments in higher-risk funds at this point. Unless they’ve shifted their investments badly over the years, they shouldn’t be hurt much.

It’s not a great time to be in cash either, though. That’s the problem with our low interest rates and downgraded credit.

[goodbyte]

@MichaelScarn

It’s not a great time to be in cash either, though. That’s the problem with our low interest rates and downgraded credit.

That is indeed a good point. I’ve had a similar dilemma enough though I’m not close to retirement. So I end up leaving the money in index funds because there really isn’t a good place to shift it to.

[MichaelScarn]

@goodbyte

That is indeed a good point. I’ve had a similar dilemma enough though I’m not close to retirement. So I end up leaving the money in index funds because there really isn’t a good place to shift it to.

Yeah I doubt I’ll move out of index funds for at least 20 years. I mean I’d rather be in cash than stocks if I were say 5 years from retirement, but it’s gotta be frustrating to get such a low return. You’re pretty much locked into retirement level income before you’re even in retirement.

[goodbyte]

@MichaelScarn

Yeah I doubt I’ll move out of index funds for at least 20 years.

Pretty much. Just sit tight and wait it out.

[tnt]

@conan

Just like clock work…in time for Nov election.

Yeah, those corps and high income brokers are tanking the market to reward teh GOP for their tax cut by helping democrats get elected.

[goodbyte]

@tnt

Yeah, those corps and high income brokers are tanking the market to reward teh GOP for their tax cut by helping democrats get elected.

The conspiracy theories are of course amazing. Of course something will always happen in November–up or down–because the quarterly earnings releases are always mid to end of October.