Posted on 06/19/2018 6:48:08 AM PDT by Red Badger
Stocks are off to another rocky start on Wall Street.
Trade war fears drove the Dow down 325 points at the open on Tuesday. That put it in negative territory for the year and on track for its sixth straight decline.
The Dow opened down 325 points on Tuesday, turning negative for the year and on track for its sixth straight day of losses.
President Donald Trump threatened Monday evening to impose tariffs on an additional $200 billion worth of Chinese goods if Beijing follows throw with its promise to retaliate against a previous round of US tariffs.
"Further action must be taken to encourage China to change its unfair practices, open its market to United States goods, and accept a more balanced trade relationship with the United States," Trump said in a statement.
There is no end in sight to the trade skirmish, as both sides continue to up the ante. The Chinese Commerce Ministry responded that it would "strike back hard" with "measures that match the US move in quantity and quality."
Investors had tried to brush off Trump's repeated threats against China, but retaliation has spiraled between the two countries. It has become impossible for the market to ignore the possibility of a trade war.
(Excerpt) Read more at money.cnn.com ...
buying opportunity
Wait a while. The opportunity is just going to get better.
I still think a lot of the market fluctuations are be caused by the big investors buying and selling at just the right time.
The herd mentality and chaos theory guides the markets.................
You know the Rats are going to try anything possible to crash the market before the election.
It’s in their Blood...
For the record, the S&P passed the record level I believe in the past few days.
The level of the markets has resumed the rebound from the recent decline. The reaction is fear of bumping against a nonexistant ceiling.
Yep. They don't have anything positive. Never have never will. Just nasty rotten people to the core.
Demonrats talking down the economy.
Manipulation—Plain and simple.
Zero movement after the summit with the Norks; but China gets its knickers in a twist and everyone runs for the exits.
Please.
Market adjustments, not negativity.
Only the anti-Trump morons, especially a few that post on FR, don’t understand the markets.
Computers do most of the buying and selling.
New profession for you young people—computer psychologist!
As a percentage drop it’s peanuts.
The tools they have to do so are pretty limited. The administration is far more able to do that through policy if they aren't careful.
The computers automatic buying and selling should be illegal...................
It will go right back up within a few days.
Trump: “We expect these tariffs would cause fluctuations”
Xi: “Oh yeah well fluctuamericans too”
Amazing how the “money experts” know nothing. It is not a loss. A loss is when someone sells something for a lower price than the price at which it was bought. If you don’t sell it, you don’t lose anything. Whenever it is convenient for their agenda, any time the index goes down during the trading day, they shout about the “loss.” In reality, the index goes up, and it goes down. Seizing upon any one number and giving it meaning, is stupid, and is done only to promote an agenda.
The index is a misleading number. It is the average of the prices of the most recent transactions. If ONE share is sold at $10, that is the number for that stock. If a million shares are sold for $10, that is the number for that stock. The most recent transaction price does not reflect volume: the amount of money that changed hands.
The public, well trained by the media, fixates on the ONE number, the DJIA. It is the only number recited on the radio “news” on the hour and the half hour. It would really be nice if it were possible to summarize the entire US economy in one number, but it’s not possible.
Bank interest rates go up and they go down. When they go up, banks are favored for savings. When they go down, more people think of the stock market as a place to put their money. This is never mentioned when reporting about the stock market.
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