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Warren Buffett unloaded a ton of stocks last week. I see why now. This week is going to suck bad.
1 posted on 08/04/2024 6:51:20 PM PDT by NohSpinZone
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To: NohSpinZone

Black Monday is trending on X


2 posted on 08/04/2024 6:53:40 PM PDT by Sarah Barracuda
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To: NohSpinZone

Going to be a bumpy ride tomorrow.


4 posted on 08/04/2024 6:57:13 PM PDT by mware
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To: NohSpinZone

The Biden-Harris Depression is churning....


5 posted on 08/04/2024 6:58:07 PM PDT by lightman (I am a binary Trinitarian. Deal with it!)
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To: NohSpinZone

The democrat economy is so bad that it couldn’t even be held up artificially anymore….major correction. All brought on by democrat out of control spending and stealing from the taxpayers to subsidize 30million illegal aliens who don’t even have jobs.


8 posted on 08/04/2024 7:04:48 PM PDT by doc maverick
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To: NohSpinZone

NAS100 - the tech stocks index- is down 450 points in overnight trading. NAS100 has lost 10% plus in the past three weeks.

NIVIDA is down another 6% at the moment. Apple is down 5.8%.

The Magnificent 7 are all down somewhere between 2 and 8% on top of the losses of last week. That’s Apple: (AAPL) Alphabet: (GOOGL)Amazon: (AMZN) Meta Platforms: (META) Microsoft: (MSFT)Nvidia: (NVDA) and Tesla (TLSA)

The dollar is down to 103.05.

Yeah, tomorrow is going to be a wicked ride.


10 posted on 08/04/2024 7:09:24 PM PDT by CFW
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To: NohSpinZone

Bitcoin crashing as well


11 posted on 08/04/2024 7:10:06 PM PDT by RummyChick ( )
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To: NohSpinZone

Dow, S&P and NASDAQ futures getting hammered now.


16 posted on 08/04/2024 7:25:06 PM PDT by Mariner (War Criminal #18)
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To: NohSpinZone

And the yield on the 10yr bond is down to 3.79%.

Not looking good.


17 posted on 08/04/2024 7:26:02 PM PDT by Mariner (War Criminal #18)
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To: NohSpinZone

Interesting that Buffet sold a bunch of Apple stock.


19 posted on 08/04/2024 7:27:34 PM PDT by dynachrome (Auslander Raus!)
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To: NohSpinZone

The market is pricing in the possibility of Harris’ election victory in November. Up until now, it was bullish on Trump returning to the White House.


22 posted on 08/04/2024 7:42:37 PM PDT by MinorityRepublican
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To: NohSpinZone

Up 16% this - but out tmrw


33 posted on 08/04/2024 7:55:57 PM PDT by 11th_VA (Celebrate Climate Change !!!)
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To: NohSpinZone
First China...then Western Europe...then the US....

Have been writing economic posts about this since last year.

China has fallen.

Western Europe has fallen.

Guess what's next...

34 posted on 08/04/2024 7:57:00 PM PDT by politicket
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To: NohSpinZone
Cash is King in the economic realm. You want to be as close to "ownership" as you can, and be as liquid as you can.

This is why my investments are in 4-wk US Treasuries in a laddered approach.

25% of my holdings matures every week. Right now I just reinvest back into Treasuries, and use the accrued interest to buy more treasuries.

38 posted on 08/04/2024 7:59:48 PM PDT by politicket
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To: NohSpinZone

Nasquack gonna be down over 500 tomorrow, Dow 1000+ down. Crypto is finished. WWIII more likely than any time since 1989. Strap in, folks!


42 posted on 08/04/2024 8:02:16 PM PDT by montag813
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To: NohSpinZone

Many, if not most, of the corporate stocks are trading with a PE in the 60s. That can’t be maintained, I see a correction into the teens where it should be. At least that is where I positioned myself. We’ll see.


44 posted on 08/04/2024 8:06:58 PM PDT by JoSixChip (P.S. There’s a fed in that thread you’re in right now.)
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To: NohSpinZone

that a commie like Kamala could even maybe become president should scare every capitalist in the world


47 posted on 08/04/2024 8:21:17 PM PDT by TexasFreeper2009
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To: NohSpinZone

I see the spooz - 0.8% right now. That’s not a big deal.


50 posted on 08/04/2024 8:38:29 PM PDT by xoxox
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To: NohSpinZone

Market is spooked and signaling Kamala Harris win in November.


51 posted on 08/04/2024 8:40:29 PM PDT by Bobbyvotes (I will be voting for Trump/whoever he picks VP in November. If he loses in 2024, country is toast.)
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To: NohSpinZone

Dow futures slide more than 300 points after Nasdaq falls into a correction: Live updates

The recent pullback in stocks was exacerbated Friday when a disappointing jobs report spurred investor fears the Federal Reserve made a mistake last week when it kept interest rates unchanged, and that the economy is headed toward a recession.
55 posted on 08/04/2024 8:50:57 PM PDT by Brown Deer
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To: NohSpinZone

We can only live on failed Harris Biden policies for long.


56 posted on 08/04/2024 8:52:25 PM PDT by KC_Conspirator
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