Historic Plunge Takes As Much As 1,500 Points Off the Dow Jones Industrial Average- Another 1,000 points in the same week

  • Posted by a hidden member.
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    Feb 05, 2018 9:17 PM GMT
    Dow has lost an astounding 2,200 points in a week !






    https://www.nbcnewyork.com/news/local/Historic-Plunge-Takes-1500-Points-off-the-Dow-Jones-Industrial-Average-472794523.html



    The Dow Jones industrial average plunged as much as 1,500 points Monday in one of the most historic routs in stock market history.

    It was the largest intraday point drop ever for the market, wiping out gains for the year.

    The market bounced back somewhat in the last 45 minutes of trading but still fell more than 1,100 points, the biggest one-day closing point drop in history by a wide margin.

    While the market was never close to the point where automated "circuit breakers" would stop trading, the plunge still sent a chill through investors
  • Posted by a hidden member.
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    Feb 05, 2018 9:27 PM GMT
    Clearly there is an Obama/Hillary causation here. Remember, Trump only exerts his mystic influence on the U.S. stock market when it is rising.
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    Feb 05, 2018 9:35 PM GMT
    #ImpeachHillary!
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    Feb 05, 2018 9:52 PM GMT
    Come to think of it, I'm sure I read somewhere today (possibly on Infowars) that Hillary has been spotted piloting a deep sea mini-sub in the area of the fibre-optic cable that carries transatlantic trading communications. She must have hacked directly into the cable to manipulate the markets! (Obviously her IT skills have come a long way.)

    #ImpeachHillary!
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    Feb 05, 2018 10:25 PM GMT
    Uninformed Liberals, the problem isn't Obama, Hillary or Trump.

    Look at Friday's economic numbers: Lower Productivity+Higher Wages ='s Inflation, Higher Interest Rates and a Tanking Stock Market.

    Liberals, stop trolling social media and texting while you're at work then Productivity will improve.

    I realize that an improving economy is against Liberals philosophy of victimization and having more people on food stamps.
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    Feb 05, 2018 10:34 PM GMT
    mx5guynj saidUninformed Liberals, the problem isn't Obama, Hillary or Trump.


    Hopefully you'll be as vocal the next time one of RJ's conservatives attributes a stock market rise to Donald Trump.

    Also, you need to lighten up.
  • mybud

    Posts: 14084

    Feb 05, 2018 10:39 PM GMT
    Watch the fortune 500 companies stop their 1000 dollah bonuses...
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    Feb 06, 2018 7:48 AM GMT
    Asian markets are plunging over night, could be another sell off Tuesday, the Drumpf party and delusion is over, bubble, bubble..




    Dow Jones futures fall by 600 points after massive Monday sell-off
    http://thehill.com/policy/finance/372468-drop-in-dow-futures-point-to-stock-opening-with-1000-point-drop



    Futures for the Dow Jones Industrial Average slid on Monday night, pointing to a possible Tuesday opening drop of more than 1,000 points, CNBC reported, following the largest-ever single-day point drop during regular Monday trading.

    Dow Jones futures fell by 633 points on Monday night, after the market had closed down 4.9 percent earlier in the day.

    However, futures are volatile and the Dow Jones may open at a different level than anticipated.
    The drop in futures comes after the Dow Jones plummeted over the course of the last two market days.

    The stock market index fell by more than 1,179 points on Monday.

    The Dow had dropped by 1,500 points during the day, but recovered to close at 24,345. The loss wiped out a month of gains.

    Analysts have been warning of a possible bubble in the stock market after the Dow rose over the course of the past year, closing at a record-high of 26,616 last week.

    Investors are thought to be selling stocks due to signs of a stronger economy, which could lead the Federal Reserve to raise interest rates.

    President Trump and his administration have often touted the increase in the Dow as a sign of economic success since he took office. Part of the Dow’s slide Monday took place as Trump delivered a speech about the new GOP tax plan, falling by about 500 points during his remarks.

    The Dow Jones is up by about 20 percent since Trump’s election, and stood at 19,827 on Trump’s inauguration
  • RaggedyMan

    Posts: 7234

    Feb 06, 2018 7:52 AM GMT
    Build the wall!
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    Feb 06, 2018 8:35 AM GMT
    Trump, Running Alongside the Market’s Bulls, Risks Being Trampled

    No president in modern times has connected his political fortunes to the stock market as much as Mr. Trump, who relentlessly cited its meteoric rise as a sign of his success at restoring confidence in the American economy. But the drastic sell-off on Friday and Monday demonstrated why most presidents scrupulously avoid talking about short-term gyrations in share prices: If you live by the Dow, you may die by the Dow.

    https://www.nytimes.com/2018/02/05/us/politics/trump-stock-market-economy.html?hp&action=click&pgtype=Homepage&clickSource=story-heading&module=b-lede-package-region&region=top-news&WT.nav=top-news







  • outdoorsmuscl...

    Posts: 2486

    Feb 06, 2018 2:04 PM GMT




    mx5guynj saidUninformed Liberals, the problem isn't Obama, Hillary or Trump.

    Look at Friday's economic numbers: Lower Productivity+Higher Wages ='s Inflation, Higher Interest Rates and a Tanking Stock Market.

    Liberals, stop trolling social media and texting while you're at work then Productivity will improve.

    I realize that an improving economy is against Liberals philosophy of victimization and having more people on food stamps.
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    Feb 08, 2018 10:30 PM GMT
    Dow closed under 24,000 today @ 23, 860, down 10% in just two weeks




    Dow plunges 1,033 points and sinks into correction
    http://money.cnn.com/2018/02/08/investing/dow-jones-stock-market/index.html



    For the second time this week, the Dow plunged more than 1,000 points.

    And the stock market is now in a correction -- 10% off its record high just two weeks ago.


    Fears about the bond market, inflation and interest rates seized investors again Thursday and drove the Dow, the S&P 500 and the Nasdaq all into the red for the year.

    The Dow finished with a decline of 1,033 points, the second-worst point drop in history, eclipsed only by Monday's 1,175-point nosedive.

    The percentage decline on Thursday, 4.2%, wasn't nearly as bad as the scary days of the 2008 financial crisis. But a steady climb that lasted more than a year has given way to two weeks of shaky selling. The Dow is on track for its worst weekly percentage drop since the crisis.


    "This is not the end of the world, but it is uncomfortable," said Rich Guerrini, CEO of PNC Investments.

    The economy is strong, but investors are worried about inflation, and the possibility that the Federal Reserve will raise interest rates faster than expected to fight it. The 10-year Treasury yield briefly hit a four-year high of 2.88%. The bond market is a decent indicator of fears about inflation.

    "The bond market has definitely got the stock market's attention," said Ryan Detrick, senior market strategist at LPL Financial. "Is the bond market telling us something we don't know? Is there more inflation down the road than we're expecting?"

    Related: Trump breaks his silence on market chaos

    The Dow closed below 24,000 for the first time since late November. The Nasdaq ended at a two-month low and just shy of a correction.

    Trading has been choppy for days, and the market has swung in wide ranges -- up and down nearly 2,300 points over the past week. Consider this: The S&P 500 has risen or fallen 1% five times in the past two weeks. That only happened eight times all of last year.

    And the VIX, a measure of market volatility, is near the highest level since August 2015.

    "A big down day like Monday doesn't just go away. We're going to continue to see volatile days," said JJ Kinahan, chief market strategist at TD Ameritrade. "It can take two to three weeks to work through the system."

    It's a big shift from 2017 and the beginning of 2018, when the stock market went the longest period ever without tumbling. But such calm is unusual, and stocks overheated.

    "We had an epic run. There was euphoria because there hadn't been a pullback," said Jeffrey Schulze, investment strategist at ClearBridge Investments

  • outdoorsmuscl...

    Posts: 2486

    Feb 08, 2018 10:40 PM GMT



    13qidq.jpg





    ElnathB saidDow closed under 24,000 today @ 23, 860, down 10% in just two weeks




    Dow plunges 1,033 points and sinks into correction
    http://money.cnn.com/2018/02/08/investing/dow-jones-stock-market/index.html



    For the second time this week, the Dow plunged more than 1,000 points.

    And the stock market is now in a correction -- 10% off its record high just two weeks ago.


    Fears about the bond market, inflation and interest rates seized investors again Thursday and drove the Dow, the S&P 500 and the Nasdaq all into the red for the year.

    The Dow finished with a decline of 1,033 points, the second-worst point drop in history, eclipsed only by Monday's 1,175-point nosedive.

    The percentage decline on Thursday, 4.2%, wasn't nearly as bad as the scary days of the 2008 financial crisis. But a steady climb that lasted more than a year has given way to two weeks of shaky selling. The Dow is on track for its worst weekly percentage drop since the crisis.


    "This is not the end of the world, but it is uncomfortable," said Rich Guerrini, CEO of PNC Investments.

    The economy is strong, but investors are worried about inflation, and the possibility that the Federal Reserve will raise interest rates faster than expected to fight it. The 10-year Treasury yield briefly hit a four-year high of 2.88%. The bond market is a decent indicator of fears about inflation.

    "The bond market has definitely got the stock market's attention," said Ryan Detrick, senior market strategist at LPL Financial. "Is the bond market telling us something we don't know? Is there more inflation down the road than we're expecting?"

    Related: Trump breaks his silence on market chaos

    The Dow closed below 24,000 for the first time since late November. The Nasdaq ended at a two-month low and just shy of a correction.

    Trading has been choppy for days, and the market has swung in wide ranges -- up and down nearly 2,300 points over the past week. Consider this: The S&P 500 has risen or fallen 1% five times in the past two weeks. That only happened eight times all of last year.

    And the VIX, a measure of market volatility, is near the highest level since August 2015.

    "A big down day like Monday doesn't just go away. We're going to continue to see volatile days," said JJ Kinahan, chief market strategist at TD Ameritrade. "It can take two to three weeks to work through the system."

    It's a big shift from 2017 and the beginning of 2018, when the stock market went the longest period ever without tumbling. But such calm is unusual, and stocks overheated.

    "We had an epic run. There was euphoria because there hadn't been a pullback," said Jeffrey Schulze, investment strategist at ClearBridge Investments

  • outdoorsmuscl...

    Posts: 2486

    Feb 08, 2018 10:49 PM GMT

    Donald Trump declares America bankrupt in 2018?

    President Trump declaring America bankrupt and announcing that in 2018 is of course totally hypothetical. Even so, it is very possible for that to happen because someone soon will have to declare America bankrupt. Who better qualified to negotiate the financial restructuring of the United States than someone who has gone through multiple bankruptcy experiences? Is Trump a man born for such a time as this? Donald Trump’s resume in bankruptcy is quite impressive.

    Trump Resume:

    1991, Trump’s Taj Mahal in Atlantic City, Chapter 11 bankruptcy
    1992, Trump Plaza Hotel in Atlantic City, Chapter 11 bankruptcy
    2004, Trump Hotels and Casinos Resorts, Chapter 11 bankruptcy
    2009, Trump Entertainment Resorts, Chapter 11 bankruptcy

    In all cases, the Trump enterprises could not make the payments on the debt so the debt had to be restructured or investors would have lost everything. Trump lost most of his own ownership stake and control of these properties in the negotiations but the debt was restructured.
    After a company goes through a Chapter 11 bankruptcy, and survives, it does have a chance of becoming great again. Maybe taking America into bankruptcy restructuring is the most realistic way to make America great again. Then you might hear the slogan “Obama lied and the economy died”!
    America is about 200 trillion dollars in debt if you count the unfunded liabilities. There simply is no way for this nation to pay what was promised. America cannot pay much of its future liabilities and is technically bankrupt. The restructuring of America will have to be renegotiated and it will be painful for all.
    Enter President Donald Trump:

    Trump gets into office and inherits the 2017 recession. By 2018, Trump declares America bankrupt because “Obama lied and the economy died”. Trump tells the taxpayers, the debt holders, and those expecting entitlements that all will have to make concessions and negotiate a great deal to make America solvent again.

    http://www.thepropheticyears.com/enddepravity/president-donald-trump-declares-america-bankrupt.html




    ElnathB saidDow closed under 24,000 today @ 23, 860, down 10% in just two weeks




    Dow plunges 1,033 points and sinks into correction
    http://money.cnn.com/2018/02/08/investing/dow-jones-stock-market/index.html



    For the second time this week, the Dow plunged more than 1,000 points.

    And the stock market is now in a correction -- 10% off its record high just two weeks ago.


    Fears about the bond market, inflation and interest rates seized investors again Thursday and drove the Dow, the S&P 500 and the Nasdaq all into the red for the year.

    The Dow finished with a decline of 1,033 points, the second-worst point drop in history, eclipsed only by Monday's 1,175-point nosedive.

    The percentage decline on Thursday, 4.2%, wasn't nearly as bad as the scary days of the 2008 financial crisis. But a steady climb that lasted more than a year has given way to two weeks of shaky selling. The Dow is on track for its worst weekly percentage drop since the crisis.


    "This is not the end of the world, but it is uncomfortable," said Rich Guerrini, CEO of PNC Investments.

    The economy is strong, but investors are worried about inflation, and the possibility that the Federal Reserve will raise interest rates faster than expected to fight it. The 10-year Treasury yield briefly hit a four-year high of 2.88%. The bond market is a decent indicator of fears about inflation.

    "The bond market has definitely got the stock market's attention," said Ryan Detrick, senior market strategist at LPL Financial. "Is the bond market telling us something we don't know? Is there more inflation down the road than we're expecting?"

    Related: Trump breaks his silence on market chaos

    The Dow closed below 24,000 for the first time since late November. The Nasdaq ended at a two-month low and just shy of a correction.

    Trading has been choppy for days, and the market has swung in wide ranges -- up and down nearly 2,300 points over the past week. Consider this: The S&P 500 has risen or fallen 1% five times in the past two weeks. That only happened eight times all of last year.

    And the VIX, a measure of market volatility, is near the highest level since August 2015.

    "A big down day like Monday doesn't just go away. We're going to continue to see volatile days," said JJ Kinahan, chief market strategist at TD Ameritrade. "It can take two to three weeks to work through the system."

    It's a big shift from 2017 and the beginning of 2018, when the stock market went the longest period ever without tumbling. But such calm is unusual, and stocks overheated.

    "We had an epic run. There was euphoria because there hadn't been a pullback," said Jeffrey Schulze, investment strategist at ClearBridge Investments