Worst month for stocks since 2008.
11 Comments on DOW tanks almost 1000 points
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Worst month for stocks since 2008.
Comments are closed.
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shit’s gettin’ real serious, real quick
This has been the best month in a year and a half.
Build Back Better Joe extends his promise to completely undo all the damage done by Trump.
At some point, we’ll hit the panic selling point. Being below 33,000 Dow puts us in the danger zone.
Doom & Gloom, not gonna happen little ones. Though it would be the prior guys complete fault for “bankrupting” America, for thats the only thing hes knows, bankruptcy. Stock market was just doing a correction, anybody who follows the market would know this, jeez!
Shanghai Locked down.
Ukraine.
Still fuck all containers moving.
Disposable income getting ELIMINATED at the gas Pump.
and Retailers getting robbed & looted with Democrat blessing.
Build back Stu Cazzo!
Anybody with a brain knows the market numbers are rigged. So why should there be any concern when the numbers do anything, or nothing?
One more thing: if you can’t hold it you ain’t got it.
Constitutional money – silver & gold – doing GREAT!!
Greatest economy ever. Not a joke.
* 33,000 Dow
pfffft.
30 companies make up the dow, hardly a snapshot of the economy.
The important one is the S&P 500, that’s comprised of 500 companies.
The critical level was 4150. We breached it.
Look for a bounce back above it or look out below….
More importantly, watch the 10-year rate. A sudden meaningful spike and we’re done. Say, from the just under 3% we’re at now to around 4% and you know money is leaving the debt market in a hurry.
Stocks derive value from the debt market. Without a “healthy” (funny choice of words in the environment) debt market, signaled with steady rates, you can kiss stocks goodbye.
People who started investing in the market during Trump’s term just got fucked by the democrats, again.