Posted on 01/30/2018 7:03:47 AM PST by Enlightened1
"We've had a unilateral move higher [in stocks] to start things off and people are realizing this is not sustainable," one strategist said.
The Dow and S&P 500 posted their worst session of the year on Monday.
Long-dated Treasury yields climbed further on Tuesday, with the U.S. 10-year Treasury yield trading near levels not seen since 2014, amid fears of higher
The S&P 500 pulled back 0.9 percent, with health care as the worst-performing sector. The Nasdaq composite fell 1 percent.
"We've had a unilateral move higher [in stocks] to start things off and people are realizing this is not sustainable," said Art Hogan, chief market strategist at B. Riley FBR. "You're also seeing some cracks in the global story with interest rates rising."
The Dow Jones industrial average fell 177 points on Monday, on the back of a rise in the 10-year treasury yield, raising concerns that higher interest rates could douse the bull market. The Dow, along with the S&P 500, posted its worst decline of the year on Monday.
Long-dated Treasury yields climbed further on Tuesday, with the U.S. 10-year Treasury yield trading near levels not seen since 2014, amid fears of higher inflation. The benchmark yield started the year trading around 2.4 percent.
Higher inflation could also lead central banks to tighten monetary policy faster than the market expects. Last week, Stifel strategist Barry Bannister predicted the Federal Reserve will cause a correction this quarter as it leads other central banks into tighter monetary policy.
The Fed kicked off its latest two-day monetary policy meeting on Tuesday. Market expectations for a rate hike are just 5.2 percent, according to the CME Group's FedWatch tool.
(Excerpt) Read more at cnbc.com ...
“No real reason for this other than total market manipulation by the Central Banks.”
I know absolutely nothing about the stock market except that a green arrow is good and a red arrow is bad. And I enjoy seeing the number jump every time it passes another “thousand” milestone. (Glad Hubby is “on it”!)
But when it took a dive yesterday and this morning, the timing seemed suspicious considering the SOTU tonight. I was wondering if nefarious people or organizations could do anything to mess with the market to impact PDJT’s credibility. So I guess that CAN happen?
Coming right after Trumps ebullient meetings at Davos and right after the decision to release the memo and 48 hours before the SOTU
What a coinky dink
Crashing the economy was always an option in the insurance plan toolkit
The democrats and their global friends want the USA destroyed if they cant have it
I understand. But I’m one of those that sees the whole thing as on the verge of a huge, historic collapse. Still. I think we almost had it in 2008, when QE Infinity was kicked in. And that seems to also be when the stock market disconnected from the economy.
The only thing that amazes me is how long they’ve been able to kick the can down the road. But I believe they WILL run out of road. Even with Trump.
https://www.youtube.com/watch?v=Li0no7O9zmE
Let’s see what it looks like at the end of the day.
It’s still up over 5% since beginning of year.
Cute. Seriously, who is Q? I keep seeing this reference on various posts.
Just profit-taking... a normal part of the process.
How does the historic collapse happen with circuit breakers in place? I’m sure it can, but, can’t happen in a day.
Very normal, very healthy. This will, ultimately lock in the support at these levels
An extraordinary long rise, critical earnings releases, and political uncertainty, and rising interest rates.
“...I actually only have money in my TSP, which I have put into conservative and medium risk pools....”
My wife is the same way with her TSP; she just leaves it in medium/conservative selections and just continues on with life like it was never there....probably not too bad of an approach.
Me? I like to play the market a little bit, trade derivatives, etc. In the end, she’s probably doing better than me!...LOL. But I think I have more fun... :)
“But when it took a dive yesterday and this morning,...”
One percent is a dive? Suggest you only consider CDs as your investment vehicle.
The bear has entered the room...
I know “dive” is hyperbole. I’m just thinking ahead to how the MSM is going to spin it to diminish the positives in Trump’s speech tonight.
It’s strange that when the stock market goes up my P&G stock goes down. Today the stock market is down and my P&G stock is up.
M-O-R-O-N-S...
How was the the market doing at the end of 2015?
Who was the president?
Hmmmmmmmmmmmm???
M-O-R-O-N-S!
ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha **CHOKE** Ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha BWAha ha ha ha! ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ... Bwa ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha **GAG** Ha ha ha ha ha ha ha ha!! ... Bwa ha ha ha ha ha ha!
The Magic Negro, Tra-la-la...
The First woman(?) president on the horizon... 2015...
My 401k controbution is tomorrow, so I will save a few bucks! If it was today, I’d lose a few bucks.
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