Dow Crash Coming To Your 401k

[Coach is Back!]

There is absolutely zero reason why the fed should raise rates for a third time

[Primemuscle]

The S&P is down over 1% for the year so far.

Combine that with the purchasing power loss due to inflation and you were better off keeping your money in a CD or money market.

Yup. I did this backwards by moving money out of savings and into an investment with modest returns in 2017. Moved it back into savings last week. Bought high and sold low.  I knew this wasn't for me when I let my banker talk me into it. -Should have stuck to my guns.

[Primemuscle]

Maybe, but which will give you the most gains long term, stocks or CDs?  When it comes to investing, it's easy to look back and "know" what would have worked better.  However, looking ahead and knowing what will work best it's impossible.  That's why people should invest in the stock market long term, preferably buying and holding low cost index funds.

At my age, 'longterm' is an oxymoron.

[loco]

At my age, 'longterm' is an oxymoron.

When it comes to investing, long term can be 7 years or longer.  I suppose you know you'll be pushing up daisies sooner than that.

[Dos Equis]

http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951

lol   

Mons Venus still has two weeks before everyone's 401k crashes.  Who knows?  Maybe it will happen?  A broken clock is right twice a day. 

[Neurotoxin]

https://www.reuters.com/article/us-global-markets/weak-economic-data-send-world-stocks-tumbling-idUSKBN1OD021?feedType=RSS&feedName=businessNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FbusinessNews+%28Business+News%29

Capitulation below $SPX 2600

Tick tock....


-NT

https://www.marketwatch.com/story/stock-market-poised-to-edge-lower-in-the-wake-of-worst-start-to-december-since-1980-2018-12-17

$ SPX broke below 2600. Now @ 2545

Dow DOWN -507 points

Nasdaq DOWN - 156 points

More PAIN ahead.

Position: Short ALL indexes


- NT

[IroNat]

https://www.marketwatch.com/story/stock-market-poised-to-edge-lower-in-the-wake-of-worst-start-to-december-since-1980-2018-12-17

$ SPX broke below 2600. Now @ 2545

Dow DOWN -507 points

Nasdaq DOWN - 156 points

More PAIN ahead.

Position: Short ALL indexes


- NT

I see you have given up quoting percentages.

Good move.

[chaos]

No QE, Fed raising rates = Disaster.

Smart money is currently selling overpriced stocks to DUMB MONEY who “cost average down.”

Position: Short ALL indexes.


-NT

100% agree. The feds will raise rates in an attempt to stifle Trumps economy to help demoncrats win the 2020 presidential election.

Call me a tin hatters, don't care, you all know it's true.

[Neurotoxin]

100% agree. The feds will raise rates in an attempt to stifle Trumps economy to help demoncrats win the 2020 presidential election.

Call me a tin hatters, don't care, you all know it's true.

You are correct

Nice to see critical thinking on GB

Position: Short ALL indexes





-NT

[Neurotoxin]

100% agree. The feds will raise rates in an attempt to stifle Trumps economy to help demoncrats win the 2020 presidential election.

Call me a tin hatters, don't care, you all know it's true.

https://www.thegatewaypundit.com/2018/12/1-8th-of-us-economy-erased-since-fed-chair-spouted-off-in-october-4-trillion-in-wealth-gone-fire-this-jackass-already/

Hussein was given a gift, 8 yrs ZERO INTEREST RATES. This enabled him to focus on everything gay and trans sexual for eight years.

Trump gets the exact OPPOSITE to derail presidency??

Fed to take down Market over next 2 yrs??


Position: Short ALL indexes.


-NT

[Neurotoxin]

Expect a dead cat bounce @ $SPX 2530  ( Feb 2018 Low)

$SPX 2018 High = 2937 ( resistance)

$SPX 2018 Low = 2530. ( support)

-11% DECLINE YTD

Once 2530 is breached, we head much LOWER



-NT

[Neurotoxin]

Expect a dead cat bounce @ $SPX 2530  ( Feb 2018 Low)

$SPX 2018 High = 2937 ( resistance)

$SPX 2018 Low = 2530. ( support)

-11% DECLINE YTD

Once 2530 is breached, we head much LOWER



-NT

As expected Dow up +82 points on Dead Cat Bounce.

$SPX breached 2600 yesterday as anticipated. Next major technical support level : 2530

$SPX DOWN -11% ytd


-NT

[IroNat]

The market is declining for sure but has a way to go.

S&P 500 P/E ratio at 19.54.

Shiller P/E at 28.20.

http://www.multpl.com/

[AbrahamG]

At least Trumps first year in office delivered.  Thanks Obama.

[Coach is Back!]

At least Trumps first year in office delivered.  Thanks Obama.

Explain this one again. The one's who keep saying this has a hard time backing this. As a matter of fact, they either avoid the question or spin it.

[SOMEPARTS]

Select the 10 year function on this chart if you want to understand what is going on with rates as they relate to Obama vs Trump.

https://www.macrotrends.net/2015/fed-funds-rate-historical-chart

[Necrosis]

Explain this one again. The one's who keep saying this has a hard time backing this. As a matter of fact, they either avoid the question or spin it.

He is steering you into a recession LOL. The fucking market just took a huge fucking dump. Let's see how 2019 goes.

[Primemuscle]

When it comes to investing, long term can be 7 years or longer.  I suppose you know you'll be pushing up daisies sooner than that.

I don't know when I'll be pushing up daisies. But, your prophecy could be right. The possibility this could happen is one of the reasons I move my investment back into savings.

[Primemuscle]

100% agree. The feds will raise rates in an attempt to stifle Trumps economy to help demoncrats win the 2020 presidential election.

Call me a tin hatters, don't care, you all know it's true.

Hey tin hatter, not everyone knows it is true.

[Primemuscle]

He is steering you into a recession LOL. The fucking market just took a huge fucking dump. Let's see how 2019 goes.

It's an all or none situation, not just a Coach one.

[Neurotoxin]

As expected Dow up +82 points on Dead Cat Bounce.

$SPX breached 2600 yesterday as anticipated. Next major technical support level : 2530

$SPX DOWN -11% ytd


-NT

https://www.marketwatch.com/

Yesterday’s “Dead Cat Bounce” FAILED as anticipated.

Support @ 2530 breached = Selling intensified

Dow DOWN - 351 points

Nasdaq DOWN -147 points

More PAIN ahead.


-NT

[AbrahamG]

Explain this one again. The one's who keep saying this has a hard time backing this. As a matter of fact, they either avoid the question or spin it.

It's common sense.  A new president doesn't deserve credit or blame for what goes on in their 3-6 months in office.  Sometimes even longer.  I'll give him credit for not fucking up 2017.  But his actions in 2017 are what have us heading toward the edge of the cliff.

[Coach is Back!]

It's common sense.  A new president doesn't deserve credit or blame for what goes on in their 3-6 months in office.  Sometimes even longer.  I'll give him credit for not fucking up 2017.  But his actions in 2017 are what have us heading toward the edge of the cliff.

Do you realize you didn't give me ONE reason why this is Obama's economy? I'll wait for yours then I'll give you mine.

[AbrahamG]

Do you realize you didn't give me ONE reason why this is Obama's economy? I'll wait for yours then I'll give you mine.

I don't believe this is Obama's economy now.  2017 was.  Now with the tax cut give away and sky rocketing deficits we are seeing the effect on the market and a recession will be soon to follow.  Pretty awesome move to pull all the troops out of Syria too, don't you think?  Who cares what the military thinks.  He trusts his gut more than the generals.  Spin that one for us.

[Coach is Back!]

I don't believe this is Obama's economy now.  2017 was.  Now with the tax cut give away and sky rocketing deficits we are seeing the effect on the market and a recession will be soon to follow.  Pretty awesome move to pull all the troops out of Syria too, don't you think?  Who cares what the military thinks.  He trusts his gut more than the generals.  Spin that one for us.

Impossible. You can't create a thriving economy by regulating the shit out of industries, taxing them so much they move to other countries that kill jobs,  kill job creating projects based on "climate change" mandate a penalty for not having health insurance and whole host of other bullshit. The economy started rolling almost the DAY Trump started reversing all of that. THIS is common sense.