Financial Markets Are Devastated Today..One Of Bigger Crashes In A Long Time

guitarjosh · 03-09-20, 07:57 PM

Originally posted by dustyy

Hope you are right, just opened my February statement and tossed it in the corner. Bumpy until the world settles down. I am not as optimistic as you but I am a cynic by nature. Just not feeling it. Fed moves are theater to me, a typical reaction to an atypical problem.

It's not about being optimistic, I'm looking at the numbers and what happens when you see these numbers in the past. There are bullish divergences in the indexes and exchanges, washout numbers on the 200 day moving averages, and look at the bullish percent indexes:

JIBBBY · 03-09-20, 08:00 PM

Originally posted by thechaoz

TOMORROW LMFAO

Let me paint a pattern.

Bush Sr: Recession

Clinton: Booming economy

Bush Jr: Economic Disaster (greatest loss of wealth in earth's history)

Obama: Saves economy and leaves it killing

Trump: Inherits economy, greatest loss of Dow in earth's history and signs towards major recession.

Next Prez? Hmmm.

When will you people ever learn? Leaving money in the pockets of middle america and poorer Americans actually helps the economy because they can afford shit and have expendable income. Giving tax breaks to the top 5% does nothing but more hoarding of money.

This timeline is called facts and is not disputable.

Obama ads 9 million to the National debt during his presidency.. Economy stalls in his final years in office.. Race riots happening in the streets with Obama.. North Korea, Isis and Russia all getting really scary under Obama..

Trump then takes over and the US Economy really takes off, Isis destroyed, NK tamed, Russia chill.. Military built back up. Better trade deals. USA respected again.. Stock market hits record highs before virus hits..

FINISH THE STORY please chaoz if you start one...

Gmen30 · 03-09-20, 08:05 PM

Originally posted by JIBBBY

Obama ads 9 million to the National debt during his presidency.. Economy stalls in his final years in office.. Race riots happening in the streets with Obama.. North Korea, Isis and Russia all getting really scary under Obama..

Trump then takes over and the US Economy really takes off, Isis destroyed, NK tamed, Russia chill.. Military built back up. Better trade deals. USA respected again.. Stock market hits record highs before virus hits..

FINISH THE STORY please chaoz if you start one...

Jobby, what is the best type of velcro shoe?

dustyy · 03-09-20, 08:07 PM

Originally posted by guitarjosh

It's not about being optimistic, I'm looking at the numbers and what happens when you see these numbers in the past. There are bullish divergences in the indexes and exchanges, washout numbers on the 200 day moving averages, and look at the bullish percent indexes:

Looks like the market will open strong (futures up 650)tomorrow, I hope it continues. Sounds like the fed is up for a .75 slash next week

keely85 · 03-09-20, 08:08 PM

NK just fires 3 missiles today. Putin is destroying the oil market with Saudis. The deficit is on a rocket out of the solar system. Maybe it’s hard to have a great economy for 8 years. Lord knows Trump couldn’t last 3.

What world u living in bro?

guitarjosh · 03-09-20, 08:09 PM

Originally posted by thechaoz

TOMORROW LMFAO

Let me paint a pattern.

Bush Sr: Recession

Clinton: Booming economy

Bush Jr: Economic Disaster (greatest loss of wealth in earth's history)

Obama: Saves economy and leaves it killing

Trump: Inherits economy, greatest loss of Dow in earth's history and signs towards major recession.

Next Prez? Hmmm.

When will you people ever learn? Leaving money in the pockets of middle america and poorer Americans actually helps the economy because they can afford shit and have expendable income. Giving tax breaks to the top 5% does nothing but more hoarding of money.

This timeline is called facts and is not disputable.

The grey areas are recessions, the blue line is interest rates, the red lines are to help you find the pattern:

guitarjosh · 03-09-20, 08:11 PM

Originally posted by keely85

NK just fires 3 missiles today. Putin is destroying the oil market with Saudis. The deficit is on a rocket out of the solar system. Maybe it’s hard to have a great economy for 8 years. Lord knows Trump couldn’t last 3.

What world u living in bro?

The deficit will be coming down as the Fed cuts rates. CME fed watch tool is expecting rates to be .25-.50% in a little over a week.

Nitrogen · 03-09-20, 08:17 PM

Originally posted by JIBBBY

Obama ads 9 million to the National debt during his presidency.. .

"ads"
"9 million"

All that wealth and you can't afford a proof reader?

dustyy · 03-09-20, 08:19 PM

Originally posted by guitarjosh

The deficit will be coming down as the Fed cuts rates. CME fed watch tool is expecting rates to be .25-.50% in a little over a week.

That's true but there may be more tax cuts on the horizon. Looks like it could be a "push" to me

guitarjosh · 03-09-20, 08:23 PM

Originally posted by dustyy

That's true but there may be more tax cuts on the horizon. Looks like it could be a "push" to me

If CME is correct, the Fed would have cut interest rates by 1.25% this month. 1.25% of 23 trillion is nearly 300 billion, so that would have to be a pretty substantial tax cut that the democrats would have to agree with.

Gmen30 · 03-09-20, 08:27 PM

Originally posted by Nitrogen

"ads"
"9 million"

All that wealth and you can't afford a proof reader?

He's an ignoramus like the other dolts using moving average like their market savants.

Thor4140 · 03-09-20, 08:27 PM

Originally posted by JIBBBY

Obama ads 9 million to the National debt during his presidency.. Economy stalls in his final years in office.. Race riots happening in the streets with Obama.. North Korea, Isis and Russia all getting really scary under Obama..

Trump then takes over and the US Economy really takes off, Isis destroyed, NK tamed, Russia chill.. Military built back up. Better trade deals. USA respected again.. Stock market hits record highs before virus hits..

FINISH THE STORY please chaoz if you start one...

not 15 percent of this happen u gullible fool

JIBBBY · 03-09-20, 08:33 PM

Originally posted by Nitrogen

"ads"
"9 million"

All that wealth and you can't afford a proof reader?

Typo man.. Adds.. Cut me some slack.. I'm multi-tasking.. We got games and Corona..

..

jjgold · 03-09-20, 09:55 PM

Markets go up and down some bigger swings than others but long-term they go up

semibluff · 03-11-20, 03:32 AM

Originally posted by thomorino

cornavirus has nothing to do with it, its because of Bernie, the market has been aware of cornavirus for 3 weeks and was still higher last week.

Originally posted by thomorino

You're an idiot. Markets trade 6 months ahead of the news cycle the new information is Bernie being the clear front runner, not cornavirus. The market was up last week and cornavirus was already priced in.

Originally posted by thomorino

Shut up moron, cornavirus has been known about for 3 weeks. You understand nothing about markets.

With the Bernie Sanders threat now defeated the markets should skyrocket.

jjgold · 03-11-20, 05:46 AM

markets are going down another 10%-20 we have a long way to go before a turnaround

Jayvegas420 · 03-11-20, 05:58 AM

Originally posted by JIBBBY

Typo man.. Adds.. Cut me some slack.. I'm multi-tasking.. We got games and Corona..

..

you tell your story with whatever grammar you want Jibs.
You do you, pal!

rkelly110 · 03-11-20, 05:59 AM

Originally posted by jjgold

markets are going down another 10%-20 we have a long way to go before a turnaround

The last time we had an epidemic, the markets didn't recover for 6 months.

KVB · 03-11-20, 12:32 PM

Originally posted by semibluff

With the Bernie Sanders threat now defeated the markets should skyrocket.

Why even reply to the guy? Cosbyorino just spouting what he heard some talking head say long ago with no idea what it means or how new information changes things.

After all this time, I still feel bad for Cosbyorino. Guy has no chance to succeed without lying to himself about his results.

jjgold · 03-11-20, 06:17 PM

people losing tons of money

Companies getting wiped out

SELL!!!

byronbb · 03-11-20, 06:55 PM

This is going to be a meltdown the actual economic effects of this havent even happened yet

JohnGalt2341 · 03-11-20, 07:09 PM

Originally posted by jjgold

people losing tons of money

Companies getting wiped out

SELL!!!

Don't sweat it jj. It's all a fake news hoax! Thank God it's very much under control in the USA like Trump says. And the stock market is starting to look very good! If it wasn't for the most honest man in the country telling us this... I would likely think that this thing was real!

vitterd · 03-11-20, 07:42 PM

Trumprona virus!! Thanks Donnie

Hopefully he resigns tonight when he speaks at 9

grease lightnin · 03-11-20, 07:43 PM

wheeee

JohnGalt2341 · 03-11-20, 07:50 PM

Originally posted by vitterd

Trumprona virus!! Thanks Donnie

Hopefully he resigns tonight when he speaks at 9

He resigns +10000.

He tells us what a great job he's doing with this -10000

BeatTheJerk · 03-11-20, 08:01 PM

Originally posted by JIBBBY

Typo man.. Adds.. Cut me some slack.. I'm multi-tasking.. We got games and Corona..

..

Jibby can you watch “Dirty Money” on NF about Donald Trump “A ‘Con’fidence man. That documentary has got me not liking him as a human being. I was pretty much a Trump supporter prior. His son in-law Jared Kushner has followed his exact footsteps regarding business morals & self profits.

Shafted69 · 03-11-20, 08:42 PM

Stock market futures tank after the Orange swamp creature addressed the nation

jjgold · 03-11-20, 09:06 PM

Damp

Bad day tomorrow again

BeatTheJerk · 03-11-20, 09:38 PM

The market should be suspended as well.

jjgold · 03-16-20, 05:17 AM

a critical week coming

If we have a few bad down days the markets will close for a while

rkelly110 · 03-16-20, 06:48 AM

Originally posted by jjgold

a critical week coming

If we have a few bad down days the markets will close for a while

They should move that automatic shutdown stop way up.

jjgold · 03-16-20, 07:02 AM

I say early drop then a bounce later in day

jjgold · 03-16-20, 03:44 PM

depression

Booya711 · 03-16-20, 03:46 PM

It’s over for retirement

Black Coffee · 03-16-20, 04:07 PM

Originally posted by Booya711

It’s over for retirement

Agreed... Sad