Posted on 10/10/2018 9:22:59 AM PDT by aimhigh
The Dow Jones Industrial Average fell over 300 points on Wednesday as tech names like Intel, Microsoft and Netflix were in the red, helping to also bring the Nasdaq Composite down over 100 points. The S&P 500 was also down just over 30 points as of 11:00 a.m. ET.
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I’m wondering if this is related to that leak of Google’s internal censorship docs to Breitbart?
Is Wall Street now expecting Trump to bust-up Big Tech?
You can make money on the ups and downs. That’s just the nature of it.
yep. the trick is to not freak out and understand it’s a marathon, not a sprint
Microsoft
record high $115.61 October 1
one year low October 17, 77.59
35.53 November 1, 2013
A 300 point drop in the Dow these days is what, just over 1%? Probably be half that by close today.
Considering how far “up” stocks are, this is less of a big deal (right now) than it seems. However, as the Fed is now and continues to raise interest rates, expect more big money to move some portfolio holdings from stock to bonds, and see that register has some more big declines in the stock market, possibly all the rest of this year. But again I stress the stock markets are now considerably UP and if we are looking at stocks bought mostly before 2016, you are most likely still up and have a long way to go before your paper value will be on the losing side.
Just my opinion, but...
If somehow a blue wave materializes, the world will pull their money out of the USA in a New York minute.
Despite all the rhetoric and posturing, everyone understands that without a strong US economic and political system, it’s game over. Hello the new Dark Ages.
The Democrats have shown the world (unwittingly I think) that they are communist facists bent on destroying this great nation. Bad, very bad, for business.
“...they are communist facists...” with weaponized Mobs.
No Civil Society for YOU!
[The ‘Rat elite live just fine in their compounds though.]
Down 1.39% at the moment, which translates into 367 points in the Dow. Microsoft is down 3.1%.
When I first got in to investing the market; they had a big sell off and plunge. A lot of my co-workers were panicking and selling off theirs. Since I had so little experience with investing at that point; I immediately called my financial adviser and asked what I should do. He told me to just sit tight and don’t panic. He told me that the best thing to do is to just let it ride. He said that eventually it would come back up and it did.
Dow is now down -428... Time to BUY
That is what my advisor always tells me. He always buys for my portfolio in periods like this.
Dims would rather rule over hell as opposed to serve in heaven.
This decline is, perhaps, a sign that some sanity is about to break over (and up) the Tech cartel
There is something strange afoot here.
Each time the market approaches a 50% increase since November 4th, 2016, the market takes a dive.
There’s no reason for a tech sector move like this.
I think someone is gaming the market to prevent the Trump market from reaching it’s full potential.
As predicted! Come hell or high water the globalist bastards were hell bent in destroying the SM before the midterms..no no no they couldn’t go into the elections with a soaring SM ...something stinks to high heaven...I hear cavoto is grinning from ear to ear!! SO FREAKIN PREDICTABLE!!
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