The Dow closed just now some 660 points down for the day.
How Trump's trade war is unraveling the Trump rally
Showing posts with label lemmings. Show all posts
Showing posts with label lemmings. Show all posts
Thursday, January 3, 2019
Friday, December 21, 2018
Thursday, December 20, 2018
Friday, December 14, 2018
Monday, December 10, 2018
Lemmings going nuts, again
Stock market now down more than ten percent since it's recent historic high, so it's officially a correction.
It's mostly lemming foolishness.
Nothing actually bad driving these hebbie-jeebies.
Update.
They closed 34 up for the day.
Nice recovery.
It's mostly lemming foolishness.
Nothing actually bad driving these hebbie-jeebies.
Update.
They closed 34 up for the day.
Nice recovery.
Tuesday, December 4, 2018
The lemmings are running, again.
The Dow is down over six hundred and sixty points right now, 2:37 pm EST.
Down for the day 2.6%, at this time.
They say it's about trade being down owing to Bozo's tariff bullshit, and fears of a global economic slowdown.
Down for the day 2.6%, at this time.
They say it's about trade being down owing to Bozo's tariff bullshit, and fears of a global economic slowdown.
Friday, October 26, 2018
Lemmings going crazy
All of the DOW and S & P gains for the year have been wiped out.
Nasdaq plunges, dragged down by Amazon
The Nasdaq plunged 2.5% on Friday -- and Amazon is leading the way lower.
Amazon (AMZN) shares plummeted 8% and briefly entered a bear market after reporting disappointing sales and guidance.
Google owner Alphabet also fell sharply on weaker-than-expected revenue.
Amazon and the others are making money hand over fist, but revenue growth, while substantial, has been less than expected.
The tech selling spread to the Dow, which fell as many as 539 points.
The index was recently down about 350 points, or 1.5%.
The S&P 500 declined 2% and at one point joined the Nasdaq in a correction.
The S&P 500 has since climbed out of correction territory, which means a 10% decline from previous highs.
Friday's slide is just the latest in a series of wild moves on Wall Street.
The Dow soared 401 points on Thursday, after plunging more than 600 points the day before.
A variety of fears have sent stocks into a tailspin this month.
All of the Dow and S&P 500's gains for the year have been wiped out.
And the Nasdaq is on track for its worst month since November 2008.
. . . .
New numbers released on Friday show the US economy grew at a healthy 3.5% pace in the third quarter.
The GDP growth, largely in line with expectations, represents a modest deceleration from the brisk 4.2% growth in the fourth quarter.
Colas said he's confident the bull market isn't over. Investors are merely anticipating a deceleration in profit and economic growth.
"I strongly believe this is a correction. Underlying economic fundamentals are still very good," said Colas.
Nasdaq plunges, dragged down by Amazon
The Nasdaq plunged 2.5% on Friday -- and Amazon is leading the way lower.
Amazon (AMZN) shares plummeted 8% and briefly entered a bear market after reporting disappointing sales and guidance.
Google owner Alphabet also fell sharply on weaker-than-expected revenue.
Amazon and the others are making money hand over fist, but revenue growth, while substantial, has been less than expected.
The tech selling spread to the Dow, which fell as many as 539 points.
The index was recently down about 350 points, or 1.5%.
The S&P 500 declined 2% and at one point joined the Nasdaq in a correction.
The S&P 500 has since climbed out of correction territory, which means a 10% decline from previous highs.
Friday's slide is just the latest in a series of wild moves on Wall Street.
The Dow soared 401 points on Thursday, after plunging more than 600 points the day before.
A variety of fears have sent stocks into a tailspin this month.
All of the Dow and S&P 500's gains for the year have been wiped out.
And the Nasdaq is on track for its worst month since November 2008.
. . . .
New numbers released on Friday show the US economy grew at a healthy 3.5% pace in the third quarter.
The GDP growth, largely in line with expectations, represents a modest deceleration from the brisk 4.2% growth in the fourth quarter.
Colas said he's confident the bull market isn't over. Investors are merely anticipating a deceleration in profit and economic growth.
"I strongly believe this is a correction. Underlying economic fundamentals are still very good," said Colas.
Friday, February 9, 2018
Thursday, February 8, 2018
Monday, February 5, 2018
Credit to Trump?
Lemmings drop 1,175 in a day.
Worst day ever.
Didn't The Duce just remove safeguards put in by Obama?
Update.
Sean Hannity blames Obama for market plunge.
Worst day ever.
Didn't The Duce just remove safeguards put in by Obama?
Update.
Sean Hannity blames Obama for market plunge.
Friday, February 2, 2018
Dow falls 675 in a day
Worst week in two years.
Lemmings in a panic.
Trump takes credit for every day the market goes up.
Will he take the blame?
Lemmings in a panic.
Trump takes credit for every day the market goes up.
Will he take the blame?
Tuesday, January 30, 2018
The lemmings run to the other side of the boat
The Dow is down 251 points right now.
Do I hear Trump taking responsibility?
Do I hear Trump taking responsibility?
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