Current Events > My goodness, CE stocks have TANKED today

(+) Yeah! (+)

All big banks down 2% or more. Some down 4% or more. Housing and real estate way down.


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Tired of all the winning?

I'd like to hear from Darkman on the matter
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I didn't know CE had stocks? Must be from all the shitposting bringing the value down.
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yeah and a lot of it is on trump worries

what is bizarre to me is that most of my vanguard index funds are actually up

i went long on march 16 and was up 3% going in to today somehow. still dont understand how
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Thanks Obama
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SquantoZ posted...

I'd like to hear from Darkman on the matter

Darkman124 posted...

yeah and a lot of it is on trump worries

what is bizarre to me is that most of my vanguard index funds are actually up

i went long on march 16 and was up 3% going in to today somehow. still dont understand how

Success!
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JACKBUTTMOMMY posted...

I've had gains for the last week or two, including today.

that is pretty unusual, most sectors are down

anyway its a one day drop
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>Stock Market surges and breaks records daily and nothing is said
>Stocks slump in several sectors and it's topic worthy


Never change CE
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Bloodychess posted...

>Stock Market surges and breaks records daily and nothing is said
>Stocks slump in several sectors and it's topic worthy


Never change CE

Surges breaks records? It's been at 21,000 or below for all of 2017
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Gravityfare posted...

Bloodychess posted...

>Stock Market surges and breaks records daily and nothing is said
>Stocks slump in several sectors and it's topic worthy


Never change CE

Surges breaks records? It's been at 21,000 or below for all of 2017

S&P 500 and NASDAQ set record highs yesterday.
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And the S&P 500, NASDAQ, and DOW all hit record highs on the same day for the first time in 1999 back in November during Obama's term.

What about it?
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https://www.wsj.com/articles/stocks-slip-as-oil-prices-hit-energy-companies-1470902235

Dow, S&P 500, Nasdaq Close at Records on Same Day for First Time Since 1999
Rally in oil prices, better-than-feared retail earnings spark moves
By Riva Gold and
Timothy Puko
Updated Aug. 11, 2016 4:08 p.m. ET

Major U.S. stock indexes set records again Thursday, the first time since Dec. 31, 1999, that the Dow Jones Industrial Average, the S&P 500 and the Nasdaq Composite have hit those milestones on the same day.
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So I should buy now?
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Turbam posted...

So I should buy now?

Some stocks, no. For example nVIDIA jumped up literally fucking like 20% last week after Earnings reports for Q1. From $100 a share to over $118 a share.

Even for a day like today with stuff dropping, I still wouldn't but nVIDIA.

But for some of these bank shares that are down 5% today? Sure, if I had the money I'd buy some of these low today.
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Gravityfare posted...

And the S&P 500, NASDAQ, and DOW all hit record highs on the same day for the first time in 1999 back in November during Obama's term.

What about it?

Ok? You were acting like indexes didn't hit records recently when they have so...not sure what your point is.
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ACAN -1.18%
AMD -9.46%
BTSC -3.78%
VZ -1.24%

I'm basically illiterate when it comes to investing.
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Uh, my point is the same as my original point. The DOW has been the same for 6 months since November.

Giving Trump credit for the SNP 500 being the highest ever yesterday, when it was the highest ever during the last President's term is pretty stupid.

As for the NASDAQ nobody cares. It's a smaller NYSE.
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Gravityfare posted...

Uh, my point is the same as my original point. The DOW has been the same for 6 months since November.

Giving Trump credit for the SNP 500 being the highest ever yesterday, when it was the highest ever during the last President's term is pretty stupid.

As for the NASDAQ nobody cares. It's a smaller NYSE.

The Dow set a new high on March 1, 2017. Nobody even mentioned Trump so there's no reason to discredit other indexes due to your opposition to him.

And the markets rallied due to his proposed spending but these allegations and continued delays can cause markets to tumble eventually if the proposed spending looks delayed or uncertain going forward.
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The markets rallied because everyone finally knew who was voted President and what to look forward to the next 4 years. The uncertainty pre-Nov 9th and the resulting +$1 trillion invested afterwards from NOV - DEC would've happened either way. People just wanted to find out who was going to be making policy for the next 4 years.

Brexit was the same way. Everyone cried wolf about an impending systemic crash - but the markets actually bounced up within a week or two of the Brexit vote.
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recession incoming
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Time to invest in CE.

Bloodychess posted...

>Stock Market surges and breaks records daily and nothing is said
>Stocks slump in several sectors and it's topic worthy


Never change CE

There were definitely quite a few topics about it. Maybe you should pay attention and stop making silly assumptions
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I dunno about recession, but Trump's weekly (or daily) antics and the resulting lack of confidence people have in him thereafter is VOLATILE for the market. Volatility can be good and bad.
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Get ready for discount stocks soon CE.

I don't care what the fuck happens I'm not going to take my money out of the market, if the stock market crashes I'll only increase the amount I dump into my accounts on the slide down.

Get ready for '08 redux boys it's happening.

Mernardi posted...

I didn't know CE had stocks? Must be from all the shitposting bringing the value down.

Not going to lie, that's what I thought TC was referring to.
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Gravityfare posted...

The markets rallied because everyone finally knew who was voted President and what to look forward to the next 4 years. The uncertainty pre-Nov 9th and the resulting +$1 trillion invested afterwards from NOV - DEC would've happened either way. People just wanted to find out who was going to be making policy for the next 4 years.

Except for basically every analyst mentioning his proposed tax cuts, infrastructure spending and deregulation as major contributors. I mean I follow the markets that has been the major drivers after the election from all the articles I've read. And he had the 5th largest market increase from election to inauguration so it's not like this was some standard increase.
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Yeah but you'd see the same situation just different industries if Clinton won. All the Student Loan and Healthcare providers would've soared. The banks would've went up. Goldman Sachs and investment banks would've jumped.

I agree with what you're saying. I'm just pretty sure either way, the markets would've increased.
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You really must not know much about the market or keep up with it often if you think stocks 'tanked' today.

This is pretty tame.
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Gravityfare posted...

Yeah but you'd see the same situation just different industries if Clinton won. All the Student Loan and Healthcare providers would've soared. The banks would've went up. Goldman Sachs and investment banks would've jumped.

Bank would have been the same or fell since she wasn't going to remove certain Dodd-Frank regulations. Only reason they would increase is the Fed increasing the FFR. She wouldn't have done anything else to help banks, if anything they could increase regulations on them.

The market may increase overall but it wouldn't get the additional boost from proposed tax cuts, spending and deregulation like Trump proposed that made a big difference.
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hy·per·bo·le
hīˈpərbəlē/
noun
noun: hyperbole; plural noun: hyperboles

exaggerated statements or claims not meant to be taken literally.
synonyms:exaggeration, overstatement, magnification, embroidery, embellishment, excess, overkill, rhetoric; More
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where can i buy stock in CE
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SK8T3R215 posted...

And he had the 5th largest market increase from election to inauguration so it's not like this was some standard increase.

Is that not standard? 5th largest doesn't seem high enough to be considered unusual for a metric that only happens once every 4 years over a time span of what... maybe 120 years? Maybe less?

It would put him in the top quintile but not the top decile.


SK8T3R215 posted...

Bank would have been the same or fell since she wasn't going to remove certain Dodd-Frank regulations. Only reason they would increase is the Fed increasing the FFR. She wouldn't have done anything else to help banks, if anything they could increase regulations on them.

The market may increase overall but it wouldn't get the additional boost from proposed tax cuts, spending and deregulation like Trump proposed that made a big difference.

I think her commitment to the TPP is probably likely to have helped banks rally despite her lack of promised deregulations. Infrastructure spending is pretty bipartisan. She likely would have cut corporate taxes like her husband has wanted to since he stopped being president at least.

idk seems to me like its hard to project
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Fuck that's not good. I'm gonna lose some bucks today
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Gravityfare posted...

Turbam posted...

So I should buy now?

Some stocks, no. For example nVIDIA jumped up literally fucking like 20% last week after Earnings reports for Q1. From $100 a share to over $118 a share.

Even for a day like today with stuff dropping, I still wouldn't but nVIDIA.

But for some of these bank shares that are down 5% today? Sure, if I had the money I'd buy some of these low today.

I bought nvidia at $50
*painting nails emoji*

My Roth is up $681.40 on total cost of $3,559.90
My IRA is up $414.95 on total cost $3,467.90

Not bad thus far. People expecting markets to stay up for a while?
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@Old NoiseTank posted...

where can i buy stock in CE

I'm selling CE stocks for $60 a share.
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The DOW has dropped another -100 points since I made this topic. From -250 down to -325
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Gravityfare posted...

The DOW has dropped another -100 points since I made this topic. From -250 down to -325

This is a good thing. We are young. Buy buy buy.

Mernardi posted...

@Old NoiseTank posted...

where can i buy stock in CE

I'm selling CE stocks for $60 a share.

*shorts ce*
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ended up -371
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Trump's America
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