OtherGround Forums Market taking it in the ass today

8 days ago
10/17/08
Posts: 10817

Holy cow.  What is the major cause of this?  The incoming interest rate increases?  Trade war?  What do the veteran invesors on here think about the markets today?  Just a hickup?

 

8 days ago
10/15/13
Posts: 25060

"Its all TRUMP!!!!!"

 

-Moonbats (stolen from another, much funnier OG'er than me)

8 days ago
3/21/12
Posts: 10284
I haven't paid attention to the markets in at least a year, maybe I'll start again if they are finally turning. Loving the interest rates I'm seeing on saving accounts and CDs right now.
8 days ago
6/6/17
Posts: 7781

Don't know.  Think people are just jumpy because its so high.  But taking it is the ass is right!  I'm buying.  But not conventional stuff.

8 days ago
10/17/08
Posts: 10818

literally every single time i refresh my finance app it's down again.  down 732 points now.  fucking bloodbath.

 

8 days ago
10/17/06
Posts: 2023

Thanks Trump 

8 days ago
10/17/08
Posts: 10819

now 658....not even 2 minutes later.  crazy.

 

8 days ago
1/13/04
Posts: 8963
Look at Patriot One folks (I have been saying this for months). Search my Patriot One thread and do your own DD....
8 days ago
4/15/16
Posts: 5185

Amazon was over $2k, it's now down to $1,770!

8 days ago
10/17/08
Posts: 10820
Hashtag -

Amazon was over $2k, it's now down to $1,770!

i saw that.  fucking nuts man.  

8 days ago
7/14/17
Posts: 7463
Andersons'sPiece -

Thanks Trump 

No no, the economy is all Obama's doing. He's been saying that for weeks. Try educating yourself next time, dummy. 

8 days ago
10/17/08
Posts: 10821

dow down 760 now...wtf....

 

8 days ago
6/6/17
Posts: 7784

Whollly shit down 820 points!!!

8 days ago
10/17/08
Posts: 10822

I have been watching it since i started work and had it on in the background and have been watching it get pummeled all day.  it's not just the dow.  nasdaq, s&p, dow, russell and oil all down from 2.5%-4.5%

8 days ago
10/17/08
Posts: 10823

curios to see what tomorrow brings.  god damn that was an ass kicking.  

8 days ago
2/28/12
Posts: 3505
Oh no.... a market correction!

Zoom out your time graph.
8 days ago
10/17/08
Posts: 10824
Green Vermonster - Oh no.... a market correction!

Zoom out your time graph.

no shit shirlock but to have a 800 point correction in one day is not normal.  

8 days ago
2/28/12
Posts: 3506
tetris - 
Green Vermonster - Oh no.... a market correction!

Zoom out your time graph.

no shit shirlock but to have a 800 point correction in one day is not normal.  


A 3.15% correction is completely normal.
8 days ago
12/5/17
Posts: 6955

We had a 4.6% drop in February of this year. Largest points drop ever, but not percentage. We’ll be okay!

8 days ago
1/1/01
Posts: 4349

Look at how the market has been performing.  As of right now this looks like a minor correction which is actually a good thing for bulls.  We’ll see though. 

8 days ago
1/1/01
Posts: 24456
Will be interesting to see what happens over the next few days (especially with October being a huge Earnings month). Does it continue to drop like February, or is it a short term correction?

8 days ago
1/1/01
Posts: 90865

Ford is laying off 12% if it's workforce, citing losses due to tariffs

8 days ago
1/1/01
Posts: 7268
jimmy23 - 

Ford is laying off 12% if it's workforce, citing losses due to tariffs


I thought it was 12% of its worldwide workforce. I don't recall seeing a US specific number...

But Ford is taking it up the ass due to tariffs. Estimates are that they've already lost over a billion because of it.
8 days ago
9/13/16
Posts: 1147
the markets are shaky after the announcement of the trump kanye meeting.
8 days ago
10/17/08
Posts: 10825
jimmy23 -

Ford is laying off 12% if it's workforce, citing losses due to tariffs

1 billion dollar loss due to tarrifs.