AdamoMucci

DOW falls 1100 points

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1 hour ago, Thorn said:

DOW today at 24,168 seems to be hovering close to it's 200 day moving average of 23,108.

If and when it crosses that line then things could get very interesting.

Yes, it all feels like it is about to get very interesting....

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Given that we're about 48 hrs from a full-on, stops-out nuclear Armageddon I'd say the Dow Joke is holding up pretty well, all things considered.

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1 hour ago, zugzwang said:

Given that we're about 48 hrs from a full-on, stops-out nuclear Armageddon I'd say the Dow Joke is holding up pretty well, all things considered.

Shows QE is even more toxic!

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5 minutes ago, Fence said:

Shows QE is even more toxic!

Given QE, the markets would probably soar on the outbreak of nuclear war, since it would mean the continuation of low IRs.

The Daily Mash reported that property buyers may become more cautious in a nuclear holocaust, leading to a softer market.

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11 hours ago, GreenDevil said:

Buy the dip!

hope you were all paying ATTENTION!

 Stocks are soaring on free printed money.

Dow 30,000 by year end.

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24 minutes ago, GreenDevil said:

hope you were all paying ATTENTION!

 Stocks are soaring on free printed money.

Dow 30,000 by year end.

DOW 1,000,000,000,000,000,000,000 by decade end.

And then to infinity....

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17 hours ago, GreenDevil said:

hope you were all paying ATTENTION!

 Stocks are soaring on free printed money.

Dow 30,000 by year end.

Well FTSE has crept back into its recent normal trading range from correction territory. Historically it has frequently crashed between February and early April and risen strongly to May. Not saying it will this year, it would be just too easy for traders if that were the case. If it does, this biannual May boom and Santa rally is just getting silly.

Edited by crashmonitor

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It's so funny. Apparently DOW futures are rallying because fear over Syria has turned to relief.

So really, all the authorities need to do to make markets go higher is to issue this threat or that threat, or to bomb somewhere, and then just sit back and wait for the relief rally to push stocks higher. Every week, they should create a mini-crisis and then solve, so markets are pushed ever higher and higher.

Edited by TonyJ

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3 minutes ago, TonyJ said:

It's so funny. Apparently DOW futures are rallying because fear over Syria has turned to relief.

So really, all the authorities need to do to make markets go higher is to issue this threat or that threat, or to bomb somewhere, and then just sit back and wait for the relief rally to push stocks higher. Every week, they should create a mini-crisis and then solve, so markets are pushed ever higher and higher.

Maybe the relief rally's as make-believe as the assault on Syria?

 

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1 hour ago, TonyJ said:

It's so funny. Apparently DOW futures are rallying because fear over Syria has turned to relief.

So really, all the authorities need to do to make markets go higher is to issue this threat or that threat, or to bomb somewhere, and then just sit back and wait for the relief rally to push stocks higher. Every week, they should create a mini-crisis and then solve, so markets are pushed ever higher and higher.

How do you think IT contractors can afford M3s & Tag Heuers?  (Says ex IT contractor)

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1 hour ago, TonyJ said:

It's so funny. Apparently DOW futures are rallying because fear over Syria has turned to relief.

So really, all the authorities need to do to make markets go higher is to issue this threat or that threat, or to bomb somewhere, and then just sit back and wait for the relief rally to push stocks higher. Every week, they should create a mini-crisis and then solve, so markets are pushed ever higher and higher.

Soon we will be due for the apparently agreed North Korea -US meeting and then, fingers crossed, that will be another background factor weighing on markets that is removed - giving excuse for yet more upward movement (even iF it should already have been priced in).

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3 hours ago, TonyJ said:

So really, all the authorities need to do to make markets go higher is to issue this threat or that threat, or to bomb somewhere, and then just sit back and wait for the relief rally to push stocks higher. Every week, they should create a mini-crisis and then solve, so markets are pushed ever higher and higher.

Markets are down something like 8-10% from the highs of a few months ago. They were mostly rising due to good news (tax cuts and corporate earnings) and then fell due to bad news (political worries and likelihood of faster interest rate increases).

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21 hours ago, Kosmin said:

Markets are down something like 8-10% from the highs of a few months ago. They were mostly rising due to good news (tax cuts and corporate earnings) and then fell due to bad news (political worries and likelihood of faster interest rate increases).

I don't think the UK Markets would be too dismayed by a couple of rate rises this year. They certainly wont like no rate rises at all and the MPC reigning back on guidance especially financials who are struggling on tight spreads.

 

Edited by crashmonitor

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19 minutes ago, crashmonitor said:

I don't think the UK Markets would be too dismayed by a couple of rate rises this year. They certainly wont like no rate rises at all and the MPC reigning back on guidance especially financials who are struggling on tight spreads.

 

I hope you are right. I have read that normalising interest rates could help the economy because people would feel the emergency is over and would have more confidence. Conversely, if rates fall again, people would feel fearful again, and pull back on spending, making a recession even worse.

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10 minutes ago, TonyJ said:

I hope you are right. I have read that normalising interest rates could help the economy because people..... would have more confidence. Conversely, if rates fall again, people would feel fearful again, and pull back on spending, making a recession even worse.

ROFLMAO

Edited by anonguest

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Damn right the more we normalise the more confidence people will have! Let's say additional 3% per month in May, June, and July. Just in time for confident customers to rush out and buy barbecues and sun loungers for the large gardens in their new builds.

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1 minute ago, Funn3r said:

Damn right the more we normalise the more confidence people will have! Let's say additional 3% per month in May, June, and July. Just in time for confident customers to rush out and buy barbecues and sun loungers for the large gardens in their new builds.

Double hard ROFLMAO.

Stop it. You're killing me!  :lol:

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