[expat_panama]

 

 

 

imho this list was the best part; for some reason ig named Greenspan's ill fated rate hike shock (worst in history) as just "Crash of 1987".

Maybe the author didn't know the facts or he worships Sir Alan.

[refermech]

Why all the panic? The rich guys must be laughing their asses off. Not to mention making a killing manipulating the markets.

[CGASMIA68]

No means a pro here but some cash on the side lines will be added to VDIGX or VWINX in about 2/3 weeks,May even DCA weekly for a while?

[VanDeKoik]

I bought 19 months of MREs, 2,000.00 of gold, a water purifier, and put all of my remaining money in Swiss Francs.

Then I realized that nothing has remotely changed here in N. America because of this.

[expat_panama]

Good morning and welcome to day three!  Stocks fell another 2 or 3 % in heavy volume and IBD is officially calling this "market in correction" --AKA red light means stop! 

...and that's not all, this morning's future's see stock indexes at -2.26%!

Gold'n'silver look good tho, now trading back up at $1,208.93/$17.67...

Whoa, we got GDP finals, ya can't buy entertainment like this:

     8:30 AM GDP - Third Estimate
     8:30 AM GDP Deflator - Third Estimate
     9:00 AM Case-Shiller 20-city Index
     10:00 AM Consumer Confidence

Short sales anyone? 

Meanwhile:

Brexit Means Much Less Joy for Global Investors - Doug Kass, RealMoney
How Smart Money Got Brexit Vote Wrong - Daniel Gross,Strategy+Business
The Start of Brexit's Economic Disaster - Philippe Legrain, New York Times
Brexit, and the Year of Living Improbably - Niall Ferguson, Boston Globe
O's Greatest Legacy: Entrepreneurship - Vivek Wadhwa, Washington Post
Obama Fails to Rule Out Working on Wall Street - Ira Stoll, New York Sun
'Pro Growth' & Trump Is Very Wishful GOP Thinking - John Tamny, RCM
How Greens Increase Greenhouse Gases - Mark Perry, Washington Times
Is the Middle Class Moving on Up? - Robert Samuelson, Washington Post

[BlackAdderess]

Uh huh...

The euro-markets are all rebounding.
UK +2.47
France +2.55
Germany +2.03

France and Germany both have bigger losses to erase than the UK does, which were minimal to start with.

[SVTCobra03]

The DOW futures market is up 176 points.

[LostPassword]

The elites will make sure us commoners understand the harm done by going against the wishes of the elites. The elites’ investments will be safe while commoners suffer. Once their point is understood things will go back to normal.

[grania]

The stock market was real high because of anticipation that Brexit would fail. And now money will go back into stocks that have a good future since, yet again, interest rates on savings will not rise.

I have one stock I like, with some potential to be bought out. Small trader me bought a few hundred more shares of it. There doesn't seem to be much downside risk to it.

What's interesting is that gold and silver are attracting more people. Folks who bought into those the past few years are doin' okay.

[E. Pluribus Unum]

I hope George Soros lost his ass, but I am sure that is not the case.

[Caipirabob]

The market has become an extension of totalitarian globalist propaganda. Only real people get hurt when they are taken for these rides.

[I want the USA back]

History doesn’t predict anything. Anyone who says that is stupid.

[Future Useless Eater]

The FTSE is already back to the “norm” it held throughout most of MAY

Idiot bankers got hit the hardest as many of them bet the farm Brexit would “Remain”

https://www.google.com/search?q=ftse+chart&ie=utf-8&oe=utf-8

maybe the S & P was more poised for a correction?
https://www.google.com/search?q=s%26p+chart

[expat_panama]

I’m sure somewhere there are folks buying and making money, but I’m not one of them; I don’t seem to work well w/ unstable markets. Just the same the tickers you mentioned yesterday all looked good, some (iirc) were even on my IBD ‘buying range’ list.

[Diana in Wisconsin]

Meh. Diversity is your friend...but only where money is concerned. ;)

[VTenigma]

Now the elites will have a place to lay blame. If the market crashes in the next 6 months they will blame it on Brexit and still be talking about it in a century. “All right you unwashed, remember what happened because of Brexit, now get in line”.

[central_va]

Forgotten History: How American Presidents From Washington To Lincoln Agree (Shortened)

[Grampa Dave]

Wall Street moves higher after Brexit-induced selloff
BY YASHASWINI SWAMYNATHAN, REUTERS - 13 MINUTES AGO
TOP NEWS

Email Facebook. Twitter. LinkedIn. Google Plus

(Reuters) - Wall Street was higher on Tuesday as investors rushed to pick up stocks after Britain’s decision to leave the European Union sparked a massive two-day selloff in global markets.

Banks, which were the worst hit since the referendum on Thursday, were among the most attractive stocks for bargain hunters. The S&P financial index rose 1.37 percent.
Morgan Stanley , Bank of America , Citigroup and JPMorgan were all up more than 2.5 percent while Goldman Sachs rose 1 percent.