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#14221 |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
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Epic day today. I love days like today. It worked out well because I had a nearly unprecedented credit card bill this month, and I was still able to easily gain in net worth.
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Posts: 142,322
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#14222 |
Fish are scared of me
Join Date: Nov 2001
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Oh Boy, these are going to be fun and Mike's excited!
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Posts: 40,721
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#14223 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Lots of red today. What's happening?
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Posts: 57,549
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#14224 |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
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It seems like the market massively overreacts to every bit of news that points toward a slowdown.
I saw an article today where some random investment banker said, "This is a data-driven market right now," and I agree. Every day produces some random report that's a small part of the big picture, and every day the market acts like that random report is a revelation of the future. |
Posts: 142,322
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#14225 | |
TACO SALAD
Join Date: Apr 2008
Location: yes
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Quote:
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Posts: 6,052
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#14226 |
Fish are scared of me
Join Date: Nov 2001
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September is notoriously a bad month in the stock market for whatever reason.
Cash rules right now to buy those dips. ZIVB and SVOL for the dividend plays look good |
Posts: 40,721
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#14227 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Recession fears, rate cuts coming and job data that seems non-believable. When NVDA get crushed, so do other stocks/indexes.
Could see an actual needed correction this month. |
Posts: 46,016
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#14228 | |
Indian Twitter
Join Date: Nov 2000
Location: Free Agency
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Quote:
How much of that reaction comes from the algorithms? I'm no expert but at this point I think the algorithms start the big selloffs. They'll pick up a headline and boom! |
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Posts: 15,304
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#14229 |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
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Posts: 142,322
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