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Thread: Market Cycles and complete "Insanity"

  1. #1
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    Market Cycles and complete "Insanity"

    Yesterday the DOW dropped 330 on a quarter point cut ...

    Opening bell was Manufacturing Index "lowest" since 2016...

    Welp the "market" actually "RALLIED" on the crappy news thinking that would force FEDs "hand" next meeting..
    ..

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    Crap I cannot find the same article but before the "new" Tariffs...

    Earlier the "Markets" rallied on a Piss Poor Manufactuing Index Report.."prior"
    ..

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    The market didn't rally, you didn't watch long enough. It dropped today.

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    Quote Originally Posted by Old Tex View Post
    The market didn't rally, you didn't watch long enough. It dropped today.

    I know it dropped at the end of day down some 200 or so points "final" close..

    What Im saying here is "earlier" there was a short lived "Rally" on Manufacturing Index on the radio..

    Later on my way home there was another round of tariffs and it sunk

    What perplexes me @Old Tex is how can there be a "Rally" on Bad News ..

    Forget new Tarriffs and all..

    Start of day was a Horrible report on Manufacturing Index..

    Wow
    ..

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    It's not hard to figure out.
    The financial overlords that Phuck us everyday , just lost trillions of potential dollars on a quarter point.
    Today we live. Tomorrow we die.
    "Evil is da Devil minus da D"

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    Karl (08-01-2019)

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    Quote Originally Posted by HawkTheSlayer View Post
    It's not hard to figure out.
    The financial overlords that Phuck us everyday , just lost trillions of potential dollars on a quarter point.

    No wait the piss poor Manufacturing Index was supposed to "solidify" a FURTHER rate Cut..

    Then later New Tariifs and it sunk 200 some points by close..

    Now @HawkTheSlayer lets be honest the mere quarter point was the FED "addmiting" something wrong..

    Eh "nevermind" I know that ya got my drift

    Just wait until this INSANITY really starts "Crashing" ..

    Gonna be a NIGHTMARE
    Last edited by Karl; 08-01-2019 at 11:48 PM.
    ..

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    Quote Originally Posted by Karl View Post
    No wait the piss poor Manufacturing Index was supposed to "solidify" a FURTHER rate Cut..

    Then later New Tariifs and it sunk 200 some points by close..

    Now @HawkTheSlayer lets be honest the mere quarter point was the FED "addmiting" something wrong..

    Eh "nevermind" I know that ya got my drift

    Just wait until this INSANITY really starts "Crashing" ..

    Gonna be a NIGHTMARE
    I have a simple portfolio .
    A few bonds, a few stocks.
    But mostly mutual funds.

    Performance varies dependant upon risks .I chose mostly low risk.

    Yet, i entered the market with only $5000 dollars to spare. I won't tell you what that is worth today.
    If I knew then what I know today, i would have borrowed money and put $50,000 in the same funds.
    Today we live. Tomorrow we die.
    "Evil is da Devil minus da D"

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    What perplexes me @
    Old Tex
    is how can there be a "Rally" on Bad News ..

    There can be several reasons;

    The market thinks that the news will be much worse than it is.
    The market has already dropped knowing the bad news is coming.
    A drop is a chance to buy cheaper.
    The market tends to over react. (It drops to low & then bounces back or it goes up to high & then drops).


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