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Free Fall Friday...Dow set for a big drop

 
Anonymous Coward
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04/06/2018 08:05 AM
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Free Fall Friday...Dow set for a big drop
The Dow was on track to open down more than 200 points on Friday after President Trump threatened to escalate a confrontation with China over trade.

Trump said he was considering tariffs on $100 billion more in Chinese exports, which would triple what the United States is already planning.

Dow futures were down more than 400 points on Thursday night, after Trump made the announcement.


[link to money.cnn.com]

DOW Premarket - -271.00 / -1.11%

popcorn
Anonymous Coward
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04/06/2018 08:06 AM
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Re: Free Fall Friday...Dow set for a big drop
Now, It'll be a green day! Thanks!
Anonymous Coward (OP)
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04/06/2018 08:08 AM
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Re: Free Fall Friday...Dow set for a big drop
Now, It'll be a green day! Thanks!
 Quoting: Anonymous Coward 61780440


The ol' GLP effect can't stop everything...right?
BRIEF

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04/06/2018 08:08 AM

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Re: Free Fall Friday...Dow set for a big drop
We've had a good run up, there will be profit taking.
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
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04/06/2018 08:17 AM
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Re: Free Fall Friday...Dow set for a big drop
Depends on how much faith you have real war, or pretend war...for the moment.

Right now its... hard to gauge, hence the market being most fickle...monumental flux.

Until we can stabalise the environment... which isn't happening anytime soon.
EDI87

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04/06/2018 08:19 AM
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Re: Free Fall Friday...Dow set for a big drop
Depends on how China react in the next few hours to the latest escalation.
MissCleo

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04/06/2018 08:20 AM

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Re: Free Fall Friday...Dow set for a big drop
that's the DOW, how hard are other stocks falling?
Anonymous Coward
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04/06/2018 08:23 AM
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Re: Free Fall Friday...Dow set for a big drop
Idk, we're supposed to get the jobs report this morning which will be good and the market is normally green when that happens.
BRIEF

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04/06/2018 08:23 AM

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Re: Free Fall Friday...Dow set for a big drop
that's the DOW, how hard are other stocks falling?
 Quoting: MissCleo


All in line to open lower.
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
Oaken Paw
It's the wood that makes it good

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04/06/2018 08:24 AM

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Re: Free Fall Friday...Dow set for a big drop
Prediction: Will end in the green at closing
Everything has got to be a THING today
Anonymous Coward
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04/06/2018 08:25 AM
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Re: Free Fall Friday...Dow set for a big drop
400-500 pts down in the morning then a miraculous reversal to green at close. Same shit different day.
Anonymous Coward (OP)
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04/06/2018 08:25 AM
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Re: Free Fall Friday...Dow set for a big drop
that's the DOW, how hard are other stocks falling?
 Quoting: MissCleo


DOW tends to be the best gauge. NASDAQ and S&P are also down considerable in pre markets.
Anonymous Coward (OP)
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04/06/2018 08:27 AM
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Re: Free Fall Friday...Dow set for a big drop
Prediction: Will end in the green at closing
 Quoting: Oaken Paw


could be. 2 days ago they opened -400 and closed +250.

Huge swings like this have been happening for many weeks now. Huge swings similar to this preceded the great depression.
Anonymous Coward
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04/06/2018 08:29 AM
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Re: Free Fall Friday...Dow set for a big drop
Wake me up when the Dow hits 15,000
Anonymous Coward
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04/06/2018 08:32 AM
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Re: Free Fall Friday...Dow set for a big drop
Wake me up when the Dow hits 15,000
 Quoting: Anonymous Coward 73624598


Worms will be feasting on you then.
MissCleo

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04/06/2018 08:32 AM

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Re: Free Fall Friday...Dow set for a big drop
Prediction: Will end in the green at closing
 Quoting: Oaken Paw


could be. 2 days ago they opened -400 and closed +250.

Huge swings like this have been happening for many weeks now. Huge swings similar to this preceded the great depression.
 Quoting: Wash 2.0


this.

it wasn't that long ago that they changed up the stocks that make up the DOW. these are solid performers that hold steady in the storm.

meanwhile, the rest of the stock market could be sliding unnoticed. not to mention international stocks and those that make up 401k plans.

and how about this kicker.
HD, Apple, other DOW stocks are up an average of $50 a share from a year ago, that means that cashing them in now would cause huge capital gains that would fall into 2018 tax year, when the US needs that money for war.

leaving those stocks riding until the crash would mean losing everything...

thoughts?
Anonymous Coward
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04/06/2018 08:33 AM
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Re: Free Fall Friday...Dow set for a big drop
Prediction: Will end in the green at closing
 Quoting: Oaken Paw


could be. 2 days ago they opened -400 and closed +250.

Huge swings like this have been happening for many weeks now. Huge swings similar to this preceded the great depression.
 Quoting: Wash 2.0


Huge swings are not 1.5% - 2% you moron. You need to put things in context. During the great depression the swings were 7-12% daily. That would be roughly 2400 pt swings right now. You sir, need to remove your head from your cornhole.
Anonymous Coward
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04/06/2018 08:34 AM
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Re: Free Fall Friday...Dow set for a big drop
Prediction: Will end in the green at closing
 Quoting: Oaken Paw


could be. 2 days ago they opened -400 and closed +250.

Huge swings like this have been happening for many weeks now. Huge swings similar to this preceded the great depression.
 Quoting: Wash 2.0


I won't deny, the same kinda crash could come... funny that it happens on the back of the 2008 'induced crash' which didn't do the same damage, or require the same war to .. how to say it.... ignite the markets.
Anonymous Coward (OP)
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04/06/2018 08:39 AM
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Re: Free Fall Friday...Dow set for a big drop
Prediction: Will end in the green at closing
 Quoting: Oaken Paw


could be. 2 days ago they opened -400 and closed +250.

Huge swings like this have been happening for many weeks now. Huge swings similar to this preceded the great depression.
 Quoting: Wash 2.0


this.

it wasn't that long ago that they changed up the stocks that make up the DOW. these are solid performers that hold steady in the storm.

meanwhile, the rest of the stock market could be sliding unnoticed. not to mention international stocks and those that make up 401k plans.

and how about this kicker.
HD, Apple, other DOW stocks are up an average of $50 a share from a year ago, that means that cashing them in now would cause huge capital gains that would fall into 2018 tax year, when the US needs that money for war.

leaving those stocks riding until the crash would mean losing everything...

thoughts?
 Quoting: MissCleo


The really big players that can make or break the DOW stocks will have pliantly of notice prior to any actual war actions by the US. They will be able to quietly move their money to safer locations until the shit storm ends. They stand to make billions, and that is the name of the game. However, the rest of us could lose everything we have invested if we continue riding this wave until it crashes into the shore. We have to pay attention to what's happening. These huge swings are not normal.
Anonymous Coward (OP)
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04/06/2018 08:41 AM
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Re: Free Fall Friday...Dow set for a big drop
Prediction: Will end in the green at closing
 Quoting: Oaken Paw


could be. 2 days ago they opened -400 and closed +250.

Huge swings like this have been happening for many weeks now. Huge swings similar to this preceded the great depression.
 Quoting: Wash 2.0


Huge swings are not 1.5% - 2% you moron. You need to put things in context. During the great depression the swings were 7-12% daily. That would be roughly 2400 pt swings right now. You sir, need to remove your head from your cornhole.
 Quoting: Anonymous Coward 33255386


400 - 1000+ point swings are a big deal. Records have been broken. Do not kid yourself. A lot of money is on the move.
Oaken Paw
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04/06/2018 08:42 AM

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Re: Free Fall Friday...Dow set for a big drop
Futures cutting losses already.
Everything has got to be a THING today
Anonymous Coward
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04/06/2018 08:51 AM
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Re: Free Fall Friday...Dow set for a big drop
Jobs just took a big hit.....

"Nonfarm payrolls increase by 103,000 in March, vs 193,000 jobs expected"
MissCleo

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04/06/2018 08:55 AM

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Re: Free Fall Friday...Dow set for a big drop
Prediction: Will end in the green at closing
 Quoting: Oaken Paw


could be. 2 days ago they opened -400 and closed +250.

Huge swings like this have been happening for many weeks now. Huge swings similar to this preceded the great depression.
 Quoting: Wash 2.0


this.

it wasn't that long ago that they changed up the stocks that make up the DOW. these are solid performers that hold steady in the storm.

meanwhile, the rest of the stock market could be sliding unnoticed. not to mention international stocks and those that make up 401k plans.

and how about this kicker.
HD, Apple, other DOW stocks are up an average of $50 a share from a year ago, that means that cashing them in now would cause huge capital gains that would fall into 2018 tax year, when the US needs that money for war.

leaving those stocks riding until the crash would mean losing everything...

thoughts?
 Quoting: MissCleo


The really big players that can make or break the DOW stocks will have pliantly of notice prior to any actual war actions by the US. They will be able to quietly move their money to safer locations until the shit storm ends. They stand to make billions, and that is the name of the game. However, the rest of us could lose everything we have invested if we continue riding this wave until it crashes into the shore. We have to pay attention to what's happening. These huge swings are not normal.
 Quoting: Wash 2.0


ok cool.
let's look at the huge swings and their origin.
gold drops daily at 9:30 a.m.ish. someone is buying through the night and then dumping when NYC opens.
this would happen if a country is secretly trying not to flood the market and skimming gold for a huge vault.
does the fed move gold? are we taking back the 800 tonnes that we released to Iran at the end of the Obama admin?

huge swings in stocks?
which DOW companies are swinging? I haven't looked closely.
al Waleed owns many of those stocks. is US taking those back into US and private American ownership?

Is the pace being set by countries in cooperation of keeping a steady correction? and this huge swing depends on trust and good stewardship?

Does this mean that the Stock Markets aren't owned by private citizens (401s IRAs bank savings) and now owned by countries?
Soros 1 trillion (private citizen)
Rothchilds 2 trillion (private citizenship)
House of Saud 11 trillion (a government).

was the US stock market hijacked by a foreign government? what would be the implication?
Anonymous Coward
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04/06/2018 08:57 AM
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Re: Free Fall Friday...Dow set for a big drop
Another front run bro. When the job numbers come out (which are fake) to the moon Alice ! To the moon. The leverage pillars will not be broken. EVA !
Anonymous Coward
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04/06/2018 08:58 AM
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Re: Free Fall Friday...Dow set for a big drop
Prediction: Will end in the green at closing
 Quoting: Oaken Paw


could be. 2 days ago they opened -400 and closed +250.

Huge swings like this have been happening for many weeks now. Huge swings similar to this preceded the great depression.
 Quoting: Wash 2.0


Huge swings are not 1.5% - 2% you moron. You need to put things in context. During the great depression the swings were 7-12% daily. That would be roughly 2400 pt swings right now. You sir, need to remove your head from your cornhole.
 Quoting: Anonymous Coward 33255386


no, you do. The market of today is trussed up and regulated, the market of 1929 was the Wild West. Trump is loosing the last vestiges of his support in agriculture, he already lost the financial Republicans, many of whom were Never Trumpers anyway.
America lost it's industrial base to China in the 70s and 80s, finished it off in the 90s, and tariffs that burden already knife's edge of failure business like agriculture are just as short sited and as unaware of consequences as was Bush's war in Iraq.
To put it simply, adding $500 to your car price will go part way to negating your tax break. That's only one item, the rest will pick your pocket of the rest.
Just like in Iraq, we didn't NEED THIS to quit our China dependency. We could have just encouraged local industry, small shops with quick supply lines that can survive situations. The giant factories in China can stay there and pollute the country. That's why they are coming here and everywhere else too! Their next project is Brazil, that's why they don't need our soybeans. They got Brazil.
Anonymous Coward
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04/06/2018 08:59 AM
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Re: Free Fall Friday...Dow set for a big drop
Prediction: Will end in the green at closing
 Quoting: Oaken Paw


could be. 2 days ago they opened -400 and closed +250.

Huge swings like this have been happening for many weeks now. Huge swings similar to this preceded the great depression.
 Quoting: Wash 2.0


Huge swings are not 1.5% - 2% you moron. You need to put things in context. During the great depression the swings were 7-12% daily. That would be roughly 2400 pt swings right now. You sir, need to remove your head from your cornhole.
 Quoting: Anonymous Coward 33255386


no, you do. The market of today is trussed up and regulated, the market of 1929 was the Wild West. Trump is loosing the last vestiges of his support in agriculture, he already lost the financial Republicans, many of whom were Never Trumpers anyway.
America lost it's industrial base to China in the 70s and 80s, finished it off in the 90s, and tariffs that burden already knife's edge of failure business like agriculture are just as short sited and as unaware of consequences as was Bush's war in Iraq.
To put it simply, adding $500 to your car price will go part way to negating your tax break. That's only one item, the rest will pick your pocket of the rest.
Just like in Iraq, we didn't NEED THIS to quit our China dependency. We could have just encouraged local industry, small shops with quick supply lines that can survive situations. The giant factories in China can stay there and pollute the country. That's why they are coming here and everywhere else too! Their next project is Brazil, that's why they don't need our soybeans. They got Brazil.
 Quoting: Anonymous Coward 72615888


True DAT ! ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
Anonymous Coward (OP)
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04/06/2018 09:00 AM
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Re: Free Fall Friday...Dow set for a big drop
Jobs just took a big hit.....

"Nonfarm payrolls increase by 103,000 in March, vs 193,000 jobs expected"
 Quoting: Anonymous Coward 76382354


damned
Anonymous Coward
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04/06/2018 09:00 AM
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Re: Free Fall Friday...Dow set for a big drop
give
Anonymous Coward
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04/06/2018 09:00 AM
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Re: Free Fall Friday...Dow set for a big drop
FAIL, will finish in green
Anonymous Coward
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04/06/2018 09:00 AM
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Re: Free Fall Friday...Dow set for a big drop
Jobs just took a big hit.....

"Nonfarm payrolls increase by 103,000 in March, vs 193,000 jobs expected"
 Quoting: Anonymous Coward 76382354


It will be spun as good ! Watch !
MissCleo

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04/06/2018 09:05 AM

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Re: Free Fall Friday...Dow set for a big drop
Prediction: Will end in the green at closing
 Quoting: Oaken Paw


could be. 2 days ago they opened -400 and closed +250.

Huge swings like this have been happening for many weeks now. Huge swings similar to this preceded the great depression.
 Quoting: Wash 2.0


Huge swings are not 1.5% - 2% you moron. You need to put things in context. During the great depression the swings were 7-12% daily. That would be roughly 2400 pt swings right now. You sir, need to remove your head from your cornhole.
 Quoting: Anonymous Coward 33255386


no, you do. The market of today is trussed up and regulated, the market of 1929 was the Wild West. Trump is loosing the last vestiges of his support in agriculture, he already lost the financial Republicans, many of whom were Never Trumpers anyway.
America lost it's industrial base to China in the 70s and 80s, finished it off in the 90s, and tariffs that burden already knife's edge of failure business like agriculture are just as short sited and as unaware of consequences as was Bush's war in Iraq.
To put it simply, adding $500 to your car price will go part way to negating your tax break. That's only one item, the rest will pick your pocket of the rest.
Just like in Iraq, we didn't NEED THIS to quit our China dependency. We could have just encouraged local industry, small shops with quick supply lines that can survive situations. The giant factories in China can stay there and pollute the country. That's why they are coming here and everywhere else too! Their next project is Brazil, that's why they don't need our soybeans. They got Brazil.
 Quoting: Anonymous Coward 72615888


from 2001-2015 the Small Business Administration failed to jump start small business. their mentors weren't qualified, they offered nothing, not even mentoring. We totally lost the concept of apprenticeship.

I thought the next project is East Africa not Brazil, and then suddenly there is a rift and the African continent is breaking up and East Africa is becoming an island in the Indian Ocean.

Inflation is the final nail in the coffin, I think that's what Wash is saying. We aren't there yet. we are just seeing symptoms of some big ass money being moved, big ass money, like pre-war money.

This is more than about China and factories.





GLP