Is the stock market going to tank?

**whitekingsalmon** · 10-23-2018, 10:44 AM

Great morning it was to buy for some swings.... hope yall aren't losing to much today

**whitekingsalmon** · 10-23-2018, 10:55 AM

For example ..... nbev and ttnp

**Brock Landers** · 10-23-2018, 11:22 AM

How much did you buy?

**liv2ski** · 10-23-2018, 12:03 PM

Pfft, that guy is a poser. Lets see the confirmations.

**Cono Este** · 10-23-2018, 12:29 PM

Paul Volker says we’re all doomed.

So much going wrong in the world right now, he may be right.

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**Toadman** · 10-23-2018, 12:35 PM

Originally Posted by Cono Este

Paul Volker says we’re all doomed.

So much going wrong in the world right now, he may be right.

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Doomed as in eating Top Ramen doomed for a few months? Or doomed as in survival shelters and eating rehydrated food for a couple of years doomed?

**Brock Landers** · 10-23-2018, 01:07 PM

Markets recovering sharply

I’m not a cmt, but that strengthens 2700 even more right?

Edit: cmt kinda looks like cunt, but that’s not what I meant

**4matic** · 10-23-2018, 04:47 PM

It makes 2700 a legit support level but it also makes it a more important point. I’ve found in that in recent years the best lows are made when it closes right on the lows which traditionally in years past would have been bad.

We really need to get above the previous high in January to call a low. 2825 or so.

Bounces off support can give a sense of relief and weak hands feel better which is a bad thing because you want panic.

Another thing is, like January, the 200 day is a powerful pivot and regardless of chart it acts like a magnet. The longer it stays below the less likely it is to hold.

**Cono Este** · 10-23-2018, 05:09 PM

Originally Posted by Toadman

Doomed as in eating Top Ramen doomed for a few months? Or doomed as in survival shelters and eating rehydrated food for a couple of years doomed?

Why couldnt it happen in our lives? One prolonged recession?

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**4matic** · 10-23-2018, 08:39 PM

That’s why the Fed is desperate to raise. They still have trend growth at 1.6%. Not to mention the selfish boomers that need income more than growth.

**iceman** · 10-23-2018, 08:44 PM

Damn capitalists amirite?

**splat** · 10-23-2018, 09:57 PM

Originally Posted by 4matic

That’s why the Fed is desperate to raise. They still have trend growth at 1.6%. Not to mention the selfish boomers that need income more than growth.

How about those philanthropic banks? Can't they do something more magnanimous?
Or are the old people scuffing your floor by dragging their feet like that?

Otherwise - what's gonna happen?

**Brock Landers** · 10-23-2018, 10:07 PM

Originally Posted by 4matic

That’s why the Fed is desperate to raise. They still have trend growth at 1.6%. Not to mention the selfish boomers that need income more than growth.

Don’t disagree at heart but they went almost 10 years without giving shits about the boomers vs growth.

At some point there was a shift from “rescue” to “growth”. If at any point they fucked up rate policy it erases any confidence in the fed and market, though not the economy (which they had basically rescued).

If that makes any sense. I was a complete Fed bullshit-ist. No confidence. But I can’t complain about anything. Especially Powell.

Edit: I’m talking fundamentals and real life. Algorithms and trading nonsense can lick my taint until the salmon dude tells us how much he’s betting on these dogshit stocks.

**dunfree** · 10-23-2018, 10:22 PM

salmon dudes a bullshitter, do your homework

we exchanged 3-4 years of 2% for 1-2 years of faster growth. plenty of reasons to be concerned, or not be concerned.

**Stu Gotz** · 10-24-2018, 06:27 AM

Originally Posted by Brock Landers

Well find out over the next couple weeks, margins and growth top of mind. Margins don’t scare me (inflation and rates still low) but changes to growth- tariff driven or whatever- will be important. These big US multinationals and exporters not off to a great start!

Top line misses this morning.

* Hilton
* UPS
* Texas Instruments
* General Dynamics
* Illinois Tool Works
* Restaurant Brands

**4matic** · 10-24-2018, 08:20 AM

Originally Posted by splat

How about those philanthropic banks? Can't they do something more magnanimous?
Or are the old people scuffing your floor by dragging their feet like that?

Otherwise - what's gonna happen?

Brick and mortar banks could start offering a market rate for checking and savings instead of having to find a brokerage.

My guess is that deflation forces kick in again and rates go back down. That's why I'm looking to lock some income returns in the next few months. ATT yields 6.5% now.

**whitekingsalmon** · 10-24-2018, 10:07 AM

Ya and when I showed the pics of me in a few ski magazines they said ... that's not you.... jajaja... nice swings I sold this morning.... it's all about momo n the pre market n the first hour of the open market... hope yall aren't red today... I'll leave you poodles to your yapping

**Brock Landers** · 10-24-2018, 12:31 PM

I’m buying this dip. More into energy and financials.

2700 holds

**digitaldeath** · 10-24-2018, 12:59 PM

Originally Posted by Brock Landers

I’m buying this dip. More into energy and financials.

2700 holds

those two sectors to be hit the hardest

just wait until january war

**Brock Landers** · 10-24-2018, 01:35 PM

Originally Posted by Brock Landers

2700 holds

2670 holds????

**whitekingsalmon** · 10-24-2018, 02:13 PM

Bloody for longs

**whitekingsalmon** · 10-24-2018, 03:05 PM

Tsla

**babybear** · 10-24-2018, 03:20 PM

welp things are getting cheaper at least

**stalefish3169** · 10-24-2018, 03:30 PM

https://goo.gl/images/Nn62wY

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**skaredshtles** · 10-24-2018, 04:40 PM

Originally Posted by stalefish3169

https://goo.gl/images/Nn62wY

I lol'd

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