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The Stock Market - What the Heck?
2-8-18 | Vanity

Posted on 02/08/2018 2:12:16 PM PST by CincyRichieRich

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To: CincyRichieRich

It will stop. It always has.

You cannot have an endless party of cheap money and fat spending. The real problems start when the 10 year treasury goes up to 4% or higher.


21 posted on 02/08/2018 2:23:43 PM PST by Vermont Lt (Burn. It. Down.)
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To: CincyRichieRich
Any thoughts out there and how to stop it?

Interest rates are heading back towards normal. It's a long path to go that way. The Fed is also tightening it's balance sheet. I don't see it stopping. The stock market and real estate are going to correct. Hopefully it's a nice extended sideways correction from here, but I think a plunge is not out of the realm of possibility.
22 posted on 02/08/2018 2:25:20 PM PST by simon says what
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To: lgjhn23

Don’t look at your invested money everyday. You will not get too high on the highs or low on the lows.


23 posted on 02/08/2018 2:25:27 PM PST by skinndogNN
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To: CincyRichieRich

Get in.
Sit down.
Shut up.
Hold on..................

https://www.youtube.com/watch?v=eRmTrWVqSas

Just got paid I got a little money
Aftershave and after a honey
Got my name on a shot of Jack whiskey
Gonna roll with me, you gotta roll quickly
Get in, sit down, shut up and hold on
Can’t wait, too late, it’s time to get gone
Show up downtown, get us a buzz on
Get in, sit down, shut up and hold on
(Oh oh oh oh oh oh, Oh oh oh oh oh oh)
Shoot a little pool, shoot a little 8 ball
Ain’t goin’ home
Make a little phone call
Feelin’ pretty good
Stumble out the front door
She pulls up in a farm girl Ford singin’
Get in, sit down, shut up, and hold on
Can’t wait, too late, it’s time to get gone
Find us a dirt road get a groove on
Get in, sit down, shut up and hold on
There’s no time like night time and the moonlight
To have a good time
Baby let’s throw down, don’t slow down
If I’m gonna go down
I’m gonna go down crazy
Get in, sit down, shut up and hold on
Can’t wait, too late, it’s time to get gone
Find us a dirt road and get a groove on
Get in, sit down, shut up and hold on
(Oh oh oh oh oh oh, Oh oh oh oh oh oh)
Get in.
Sit down.
Shut up.
Hold on!
There’s no time than the night time
In the moonlight, to have a good time
Baby lets throw down, don’t slow down
If I go down, I’m gonna go down crazy
(Oh oh oh oh oh oh, Oh oh oh oh oh oh,
Oh oh oh oh oh oh, Oh oh oh oh oh oh)

Songwriters: Bobby Pinson / Toby Keith Covel
Shut Up And Hold On lyrics © DO Write Music LLC


24 posted on 02/08/2018 2:26:04 PM PST by Red Badger (Wanna surprise? Google your own name. Wanna have fun? Google your friends names......)
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To: CincyRichieRich

Stocks were overbought
Soros is attacking the markets to punish Trump
Earnings are done, sell on the fact...
Everyone was waiting for a crack, now it’s here
Program trading kicked in as various sell programs had been set up


25 posted on 02/08/2018 2:28:00 PM PST by Professional
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To: CincyRichieRich

I suspect that a large number of investors are locking in profits. Would have to drop another 2,000 before I suspect panic selling to kick in.


26 posted on 02/08/2018 2:28:31 PM PST by taxcontrol (SStupid should hurt)
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To: CincyRichieRich

There has been speculation that some central banks had been buying equities to prop up markets under Obama, and maybe Yellen’s departure was the sell signal to them, lest Trump’s success undermine the globalist progressive agenda. I try not to be conspiratorial, but Soros did say he’d give up half his fortune in 2004 to guarantee Bush’s defeat. There are big media company CEOs that gladly give up ratings/ad dollars to push the progressive agenda as well.


27 posted on 02/08/2018 2:28:32 PM PST by aynrandfreak (Being a Democrat means never having to say you're sorry)
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To: CincyRichieRich

A good time to short sell!


28 posted on 02/08/2018 2:28:33 PM PST by weezel
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To: CincyRichieRich

If you own 1 share of Berkshire Hathaway you lost $13,000 today.


29 posted on 02/08/2018 2:29:24 PM PST by P-Marlowe (Freep mail me if you want to be on my Fingerstyle Acoustic Guitar Ping list.)
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To: al baby

I got my brothers out on Tuesday.

On Monday, an entire asset class was destroyed - XIVs. There was a 91% swing which activated a termination event, and poof, $3.4B gone.

Then HNA, one of China’s biggest companies, their Real Estate Group missed a $270M interest payment. Technical default - triggering event.

Wednesday, a calmer day, the Plunge Protection Team was wearing out the buy button it appeared.

Thursday, HNA is forced to sell billions in US properties - immediately. They are $15B in the hole. They own a ton of Deutsche Bank stock too.

The kindling under this is companies borrowing money to buy their own stock. The loans stay, the value will go away.

Add to that the $1.2B in automotive loan debt, the automotive industry’s addiction to leasing, and the 9% default rate on auto loans (more than 20% now made to people with FICO < 660).

Automotive is 3% of GDP and 5% of overall employment. It impacts 50% of all US business in some way.

Student loan defaults are through the roof, 6 year (yes, 6) graduation rates are below 60 percent.

Add it all up and there is no middle class to get your economy back on track.

Enter the tax cut - repatriate cash in order to get hiring up and let people work their way out of the debt.

If China doesn’t collapse, it might work.

Pressure on interest rates, however, will make consumer borrowing on autos and homes more expensive. It MAY also, however, drive the price of homes down, which would be good.

If you throw in any bad actors out there trying to tank the market to spite Trump, its a tall order for anybody, even a savvy dude like President Trump.


30 posted on 02/08/2018 2:29:34 PM PST by RinaseaofDs
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To: CincyRichieRich

... on second thought, maybe Donald should do as obama recently suggested and say “Thank You, Obama!” ... like yeah this be Obama’s economy, he ran up the market with his easy money, 0%, Q/E shitte.


31 posted on 02/08/2018 2:29:48 PM PST by nightmarewhileawake
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To: CincyRichieRich

Take your cash out of the market and visit the casino as often as you wish.

It is more fun and the owners are more honest.

“Investing?—lol.”


32 posted on 02/08/2018 2:30:05 PM PST by cgbg (Hidden behind the social justice warrior mask is corruption and sexual deviance.)
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To: CincyRichieRich

Repatriating money destabilizing European banks?

China issues?


33 posted on 02/08/2018 2:30:09 PM PST by mewzilla (Has the FBI been spying on members of Congress?)
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To: CincyRichieRich

If you are truly “an investor” (i.e. in for the long haul), then you really shouldn’t care. If you need money in the short term, it should already be out of the market. The market goes up, and the market goes down. But in the long run, it goes up.

Every time the market takes a bit dip like it did today, i buy a little bit more (taking cash from my IRA and buying index funds). Buy on the dips...


34 posted on 02/08/2018 2:31:30 PM PST by bigdaddy45
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To: CincyRichieRich

I’m fairly ignorant of this stuff, but I was expecting that there would be a crypto-crash at some point, that would set off a general sell-off. Was hoping that it would occur sooner rather than later, when it would be much more damaging. So that’s what I think happened. This is still “sooner” in my book.


35 posted on 02/08/2018 2:31:42 PM PST by Behind the Blue Wall
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To: CincyRichieRich

The problem is debt and trillion dollar deficits as far as the eye can see.


36 posted on 02/08/2018 2:32:05 PM PST by buckalfa (I was so much older then, but I'm younger than that now.)
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To: CincyRichieRich

“Turn the machines back on” Mortimer Duke


37 posted on 02/08/2018 2:32:54 PM PST by Dr. Ursus
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To: CincyRichieRich

Very few private investors use borrowed money. And I doubt the hedge funds are as powerful as they were in 08 to bring the market down.

Perusing some comments on this thread, seems like people are calling it pretty good.

BUt, I’ll say this as a 26 yr professional veteran.... Volatility like this usually sticks around for a while. 12-18 months.

Unless this really is all attack by Soros, then it might be like the Flash Crash. I’d be lying if I said I knew which of the two...

Tomorrow I suspect we hit a 10% correction, and for many that will signal a buying opportunity. Not sure I’d jump in, unless just to hit a trade, but at 15% I’m really in.

Be interesting to see if much money winds its way over to the bond market. It’s been a bad market for 2-3 yrs on bonds so...


38 posted on 02/08/2018 2:33:21 PM PST by Professional
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To: skinndogNN

“..Don’t look at your invested money everyday. You will not get too high on the highs or low on the lows....”
Not bad advice, skinndog.
I also trade derivatives and those need to be reviewed pretty often, especially on days with large movements, both up and down. I had a few PUTs that I had bought a few weeks back that made me some good money today to help stop the “bleeding”. I also bought some long CALLS right at the end of the day when it nose-dived that should go up quickly when it turns around.
But yeah, you are right on target for long-term investments; it’s very good advice.


39 posted on 02/08/2018 2:33:27 PM PST by lgjhn23 (It's easy to be liberal when you're dumber than a box of rocks.)
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To: Lockbox

Ridiculous. If thats the case, why did they let it go up 30% in his first year in office?

This is a correction. A long overdue one. No big deal.


40 posted on 02/08/2018 2:33:35 PM PST by bigdaddy45
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