General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWellstone ruled
(34,661 posts)So much winning,don't know how much I can afford any more.
uponit7771
(90,359 posts)... we're in some leading indicators of a recession coming.
Durable goods, transportation (which is already being hit by fuel prices) are going to be the others to look at.
triron
(22,019 posts)workinclasszero
(28,270 posts)Enjoy the ride deplorables! Sorry about those 401k's
spanone
(135,863 posts)the king is being told to go fuck himself
fierywoman
(7,690 posts)jmowreader
(50,562 posts)Strange and possibly stupid question: Does the SEC have a by-name list of people who are shorting stocks, and a list of what they're shorting? I know there's a by-name list of everyone who makes campaign contributions, and who they contribute to. What might be interesting is correlating the list of shorts with the list of Trump donors.
demtenjeep
(31,997 posts)for people to wake up
Awsi Dooger
(14,565 posts)I'm not sure if the stock market bottom line matters as much as story lines regarding the tariffs. If people sense Trump is being unnecessarily stubborn with the tariffs and is on a no-win situation with prices rising on Americans as a result, that could impact his business reputation just enough.
Similar to the Mueller investigation which is going fine but the mere duration of it has caused people to lose patience.
Anyway, I'm glad I sold half my stake in XBI late last week when it reached an all time high. That has already dropped more than 5% from peak. I plan to buy back at some point. But biotech tends to move to extremes so if the trend is downward it will drop more than the market as a block.
The stock indexes have actually recovered somewhat toward the 4 PM close. Now down about 1.4% compared to slightly over 2% at lows. Nasdaq has been the laggard, with technology getting hit hardest.