Quote (Djunior @ Feb 28 2020 10:11am)

True that the housing market has created another bubble for itself but that by itself doesn't explain the stock market bloodbath world wide

Quote (Djunior @ Feb 28 2020 10:11am)

True that the housing market has created another bubble for itself but that by itself doesn't explain the stock market bloodbath world wide

Quote (thesnipa @ Feb 28 2020 09:24am)

its almost like the market was way oversold with crazy P/E ratios built on promises of deregulation that didn't fully come to fruition and the promise of more stateside production than actually has happened. its almost like this correction was coming for a long time and literally anyone should have seen the first global scare as a good time to return to normalcy rather than a sky is falling moment.

the stock market takes the stairs up and the elevator down. it is known.

what will be funny is for Trump sycophants to blame bernie for the market crash wholesale, ignore Corona and the poor response of Trump putting Pence in charge of dealing with it, to continue with their "DJJ is high, trump is god" narratives. if bernie wins the primary this will permeate for the entire cycle, we'll hear hannity warn that bernie is wholly responsible, mixed with chinese conspiracy theories to hurt trump. ironically if China reported actual death tolls it would fall further and hurt trump more.



wouldnt someone touching a young boy be teaching them french tho? maybe greek if u wanna kick it old school. Spaniards rape native women, not boys.

Quote

On the way back to the White House, Trump decided it was time to take the reins himself: he would hold a news conference that evening, confident in his ability to bend the public narrative to his will.

For weeks, some of Trump's aides and allies have tried to impress upon him the seriousness of the coronavirus situation, warning him of the threat to the global economy and -- by proxy -- his reelection prospects, according to people familiar with the conversations.
Motivated by devastating losses on Wall Street, Trump finally decided to heed that advice. Yet it's unclear how much it helped.
His instincts led him to downplay the seriousness of the threat once again on Wednesday, undermining the predictions of his own top health officials standing behind him, and fueling concern over his administration's ability to coordinate a response to a complicated problem.

Quote (ofthevoid @ Feb 28 2020 10:21am)

overbought* not oversold its becoming oversold now

I think blaming Bernie is more of a meme, this market drop is like 99% pertaining to the corona virus.

But here's some quality journalism. tl;dr CNNs fresh take is Trump is once again to blame for this as well and everything Trump does in response is bad.




https://www.cnn.com/2020/02/27/politics/trump-coronavirus-response-market-meltdown-backlash/index.html

Quote (Thor123422 @ 28 Feb 2020 17:12)

Brexit, student loan biblubble, housing bubble, giant banks are back to taking dumb risks like 2008, coronavirus, etc

There's lots of bad things right now

Quote (Bazi @ Feb 28 2020 12:45am)

Spy Crossed 200 day moving average

Don’t catch falling knives

I am not getting anything above the levels I posted above tbh, and on some of them those are still too high like AMD I’m not touching >35

Quote (RatM @ Feb 27 2020 11:25pm)

You guys see APT? Company makes masks pretty insane move!

Quote (djman72 @ Feb 27 2020 10:09pm)

It's the stock market.

It goes up, then it goes down, then it goes up, then it goes down.

It's everyone's fault.

Browns suck, btw.

Quote (ofthevoid @ Feb 28 2020 11:58am)

obviously impossible to predict but this doesn't strike me as something that will hold the markets down for too long. It's flu season, that's one of the primary reasons why this is holding so strong. Once temps start to pick up i really think the virus spread rates will slow down just like the typical flu but who knows.

Also to some extent some pockets of the stock market getting killed off are just fear. Something like Nvidia or AMD being down by 20+% is a bit of a stretch, you could make the argument that they ran up a lot and now they are dropping because liquidity is being sucked out of the markets th. REITS getting killed also doesn't really make sense. People aren't going to stop renting homes just because there's a global virus.

Quote (Goomshill @ Feb 28 2020 12:00am)

ding ding
Trump should get the knocks and the praise alike

The stock market went up 60% since he was elected but the GDP went up 9%. We're getting multiple rounds of calamitous adjustments because the stocks are so irrationally exuberant