Posted on 06/12/2022 5:08:26 PM PDT by dynachrome
US equity futures have opened down hard in quiet Sunday night trading with Nasdaq the hardest hit, down 1.5%. This move leaves the S&P down over 6% in the last 3 days…
…and once again nearing the ‘bear market’ Maginot Line…
(Excerpt) Read more at zububrothers.com ...
The Dow close last Friday was less than 300 away from when Brandon (FJB) took office. So glad the news organizations are pointing this out. /s
Filling in for Bam Bam? Seen Chicken Little lately? /s
Subtract Fed money printing & QE (to enable Federal Gov. “stimmies” and deficit spending) and the Dow should be around 14,000, S&P at 1,700 and the NASDAQ at 4,500. A lot of downside left.
Bitcoin futures opened down hard, now about $26k. On the way $20k, and then lower.
Maybe the Senators can make bear markets illegal.
Fantabulous. Well, I may have to eat dog food when I retire, but at least I don’t have to suffer mean tweets.
81 million Dummycrats voted for this. CEOs supported the outcome of the stolen 2020 election. Enjoy!
BTC will be around $20k shortly. Certainly by Wed.
So did lots of Bush League Republicans.
SQQQ will rise then. Bear/bull market, you can always make money.
Have you priced dog food lately, We’re going to be eating bark and dirt, just like another “People’s Republic”.
Maybe if we are lucky the Bear will self-identify as a Bull.....
Wall Street, meet the new social construct.....
It’s funny, I thought the world markets were all down like ours. I mean this is a world wide issue right? Well, it turns out no. For year to date, England is down less then 1%. Japan is down 6%, Hong Kong is down 9% and Germany is down 13.4%. For reference, our NASDAQ is down 27.5% YTD.
the only dips I’m buying now are in oil (USO)
I just sold off my IRA. Will use it to pay off debt and put the rest into my house. Much better ROI.
Paul Pelosi must have loaded up on put options last week.
Not so funny how that works out.
In the great depression it is not widely told that the US languished in financial distress far longer than the rest of the world, particularly the UK.
Why? They tightened their belts and Roosevelt spent like a drunken fool.
Sound familiar?
Somebody privately pinged me over to this post,
People privately are laughing at you because you show up on all the doom & gloom posts yet you call me a 'chicken little.'
I have nothing to do with this post, didn't even know it was posted, but, sure enough, here you are whining about me.
I think you're the whining 'chicken little'.
Quit stalking me you freak!
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