08-15-2024, 01:08 PM
#1
What's up with the stock market??
I thought it was supposed to crash, why the surge?
"For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life." (John 3:16)
https://www.youtube.com/watch?v=Wh1VU-_OF98
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08-15-2024, 01:09 PM
#2
The Biden Boom baby
08-15-2024, 01:11 PM
#3
stock market wont crash till 2028
nu
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08-15-2024, 01:12 PM
#4
its an election year, expect miracles
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08-15-2024, 01:14 PM
#5
It's doing what it does
Fkn people panic cuz it sells headlines
Fkn people panic cuz it sells headlines
08-15-2024, 01:15 PM
#6
oh my son child of loins…..if the market did what we all thought it was supposed to do, then we could all just sit around pulling on our puds while we rake in billions….and billions…and trillions….and quadrillions….of ass
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08-15-2024, 01:19 PM
#7
EctoCanuck is a man who leads a life of danger
To everyone he meets he stays a stranger
With every move he makes another chance he takes
Odds are he won't live to see tomorrow
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08-15-2024, 01:22 PM
#8
I never understood why people care so damn much about the day-to-day movements of the stonk market. People always complain about "muh rigged system", but quite literally anyone who has a brokerage account can buy shares in the S&P 500 and compound their money over time without thinking twice. All you have to do is put some amount away every week, month, or whatever cycle and pretend you can never touch that money again for 20+ years.
There will be periods of panic with large drawdowns, which suck. But, if you didn't invest more than you could afford to lose and continue to revinest without panic selling, you'll literally come out ahead in just about any 15 year window that's been backtested. People are so lazy and emotional that they don't even take advantage of the easiest wealth building vehicle ever. I understand housing can be tough nowadays, but ANYONE can build the initial $1K minimum to buy into a mutual fund and regularly contribute to it.
There will be periods of panic with large drawdowns, which suck. But, if you didn't invest more than you could afford to lose and continue to revinest without panic selling, you'll literally come out ahead in just about any 15 year window that's been backtested. People are so lazy and emotional that they don't even take advantage of the easiest wealth building vehicle ever. I understand housing can be tough nowadays, but ANYONE can build the initial $1K minimum to buy into a mutual fund and regularly contribute to it.
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08-15-2024, 01:29 PM
#9
Remember when Trump said that if Biden won, the stock market would crash and we would see a depression worse than the Great Depression? Instead, the stock market hit new all-time highs. lmao
–
08-15-2024, 01:31 PM
#10
Major crashes happen in october
#facts
#facts
We seem to be experimenting some technological differences.
08-15-2024, 01:40 PM
#11
Originally Posted By 1hardgainer⏩
You can point to both crashes and where it kept steady growth for a couple of years after the stock market behaved in the past like it has recently.
I thought it was supposed to crash, why the surge?
Yeah Buddyyy! Light weight! Light weight baby!!!!
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08-15-2024, 01:41 PM
#12
Originally Posted By Duckliver⏩
This
Major crashes happen in october
#facts
#facts
08-15-2024, 01:45 PM
#13
Originally Posted By imbeingcereal⏩
Well my son of loins, what many people are so fearful of, and have been fearful of this kind of piss for a very long time, is a long term ass depression. The s&p reached a high of about 548 (inflation adjusted) in september 29. Then we had the crash in OCT 29 and it did not recover and get back up to 548 until 1956. That's about 27 years boy, damnit boy. Now, if you had faith and just kept buying as the dow sunk and then went sideways for 27 damn years, you'd have done well. But damnit son, 27 years is a chit ton of time to have rock hard ass solid steel balls like that.
I never understood why people care so damn much about the day-to-day movements of the stonk market. People always complain about "muh rigged system", but quite literally anyone who has a brokerage account can buy shares in the S&P 500 and compound their money over time without thinking twice. All you have to do is put some amount away every week, month, or whatever cycle and pretend you can never touch that money again for 20+ years.
There will be periods of panic with large drawdowns, which suck. But, if you didn't invest more than you could afford to lose and continue to revinest without panic selling, you'll literally come out ahead in just about any 15 year window that's been backtested. People are so lazy and emotional that they don't even take advantage of the easiest wealth building vehicle ever. I understand housing can be tough nowadays, but ANYONE can build the initial $1K minimum to buy into a mutual fund and regularly contribute to it.
There will be periods of panic with large drawdowns, which suck. But, if you didn't invest more than you could afford to lose and continue to revinest without panic selling, you'll literally come out ahead in just about any 15 year window that's been backtested. People are so lazy and emotional that they don't even take advantage of the easiest wealth building vehicle ever. I understand housing can be tough nowadays, but ANYONE can build the initial $1K minimum to buy into a mutual fund and regularly contribute to it.
Can you imagine buying the SPY today at 553 or SPX at 5543 and then watching it drop off a cliff then trade sideways forever and then it doesn't get back up to where you initially bought until 2051 ? damnit boy….grab your cock boy
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08-15-2024, 01:47 PM
#14
lol if you didn't buy the dip
08-15-2024, 01:50 PM
#15
Goldman Sachs came out with a report saying the stock market was going to be going down.
On a more serious note, there has been concerns with the health of the economy of late. Today a report came out saying consumers are still spending money. The economy is still decently healthy. It isn't great but it isn't terrible either. So the stock market has retraced its losses from a week or two ago when concerns began. We are back to where we started a few weeks back.
On a more serious note, there has been concerns with the health of the economy of late. Today a report came out saying consumers are still spending money. The economy is still decently healthy. It isn't great but it isn't terrible either. So the stock market has retraced its losses from a week or two ago when concerns began. We are back to where we started a few weeks back.
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08-15-2024, 01:50 PM
#16
This is being done intentionally to avoid a sudden huge drop in the economy. They're trying to give it a "soft landing" instead of a hard landing, so there's going to be drops of 10% followed by increases of 8%.
Inflation came in below expectations, so markets are surging. Then this causes rates to rise, which puts the brakes on the economy again, then things drop. Lather, rinse, repeat.
This cycle will continue for another year or two.
Inflation came in below expectations, so markets are surging. Then this causes rates to rise, which puts the brakes on the economy again, then things drop. Lather, rinse, repeat.
This cycle will continue for another year or two.
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08-15-2024, 01:54 PM
#17
The stock market does not crash when rates are high to cool an overheated economy, historically the stock market has crashed as rates are being cut to stimulate back up a struggling economy.
08-15-2024, 01:54 PM
#18
Originally Posted By OliverHeldens⏩
This would make sense if I could trace it back a year or two and see an overall decrease. Or has this trend conveniently JUST started today? LMAO
This is being done intentionally to avoid a sudden huge drop in the economy. They're trying to give it a "soft landing" instead of a hard landing, so
there's going to be drops of 10% followed by increases of 8%.
Inflation came in below expectations, so markets are surging. Then this causes rates to rise, which puts the brakes on the economy again, then things drop. Lather, rinse, repeat.
This cycle will continue for another year or two.
Inflation came in below expectations, so markets are surging. Then this causes rates to rise, which puts the brakes on the economy again, then things drop. Lather, rinse, repeat.
This cycle will continue for another year or two.
08-15-2024, 01:54 PM
#19
All the information that comes out if from months prior. So when you hear how all the businesses are going bankrupt and everyone is losing their jobs, all of those won't be on the job reports until like 5-6 months later.
Look at the positive job reports that came out today lmao. Even though just this past week Pitney Bowes (11k jobs), (2.4k jobs), Cisco (just cut 7% of workforce), all cut jobs or went bankrupt, that probably won't be reported for months.
It's hilarious to see the market react to the positive data, then you go and look at the company earnings reports and every single one of them has double digit net loss on their net profits…..but but revenue is up!
The stock market doesn't reflect reality and hasn't for a long time. The problem is, it can't keep this facade up when suddenly every single business in every sector is have major loses, cutting workforce, or even bankrupting and selling off assets.
Look at the positive job reports that came out today lmao. Even though just this past week Pitney Bowes (11k jobs), (2.4k jobs), Cisco (just cut 7% of workforce), all cut jobs or went bankrupt, that probably won't be reported for months.
It's hilarious to see the market react to the positive data, then you go and look at the company earnings reports and every single one of them has double digit net loss on their net profits…..but but revenue is up!
The stock market doesn't reflect reality and hasn't for a long time. The problem is, it can't keep this facade up when suddenly every single business in every sector is have major loses, cutting workforce, or even bankrupting and selling off assets.
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08-15-2024, 02:37 PM
#20
Originally Posted By DeadlyStriker⏩
S&P 500 earnings are way up brah, making money is still fundamentally underpinning the stock market. The 12-month earning forecast right now for the S&P 500 is almost double what it was five years ago and the S&P 500 has almost doubled from where it was five years ago.
All the information that comes out if from months prior. So when you hear how all the businesses are going bankrupt and everyone is losing their jobs, all of those won't be on the job reports until like 5-6 months later.
Look at the positive job reports that came out today lmao. Even though just this past week Pitney Bowes (11k jobs), (2.4k jobs), Cisco (just cut 7% of workforce), all cut jobs or went bankrupt, that probably won't be reported for months.
It's hilarious to see the market react to the positive data, then you go and look at the company earnings reports and every single one of them has double digit net loss on their net profits…..but but revenue is up!
The stock market doesn't reflect reality and hasn't for a long time. The problem is, it can't keep this facade up when suddenly every single business in every sector is have major loses, cutting workforce, or even bankrupting and selling off assets.
Look at the positive job reports that came out today lmao. Even though just this past week Pitney Bowes (11k jobs), (2.4k jobs), Cisco (just cut 7% of workforce), all cut jobs or went bankrupt, that probably won't be reported for months.
It's hilarious to see the market react to the positive data, then you go and look at the company earnings reports and every single one of them has double digit net loss on their net profits…..but but revenue is up!
The stock market doesn't reflect reality and hasn't for a long time. The problem is, it can't keep this facade up when suddenly every single business in every sector is have major loses, cutting workforce, or even bankrupting and selling off assets.
08-15-2024, 02:46 PM
#21
Originally Posted By Duckliver⏩
On average, the market declined 10% or more every 1.2 years since 1980.
Major crashes happen in october
#facts
#facts
08-15-2024, 02:48 PM
#22
because it
wont lick it self,
before the ASScrash
wont lick it self,
before the ASScrash
08-15-2024, 02:49 PM
#23
Originally Posted By TryingMen⏩
The stock market won't decline until rates drop. However, the economy is already on its way down.
This would make sense if I could trace it back a year or two and see an overall decrease. Or has this trend conveniently JUST started today? LMAO
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08-15-2024, 02:49 PM
#24
Trump has been doing well
The Kamala scare is why it dropped
The Kamala scare is why it dropped
08-15-2024, 02:51 PM
#25
maybe pump & dump
that happened a week or so ago where, after it had taken a chit, my port went up by 6% one day.
knew something was fishy & sold.
some of my stuff was up 3-8% today. sold that too. buying back t'morrow.
that happened a week or so ago where, after it had taken a chit, my port went up by 6% one day.
knew something was fishy & sold.
some of my stuff was up 3-8% today. sold that too. buying back t'morrow.
Bills crew / Bud Light crew / extra onion crew / M&P crew / lcp2 crew / ap3 crew / Trump crew / mcdonalds app crew / cat-owner crew / Tin Cup crew / self-checkout crew / country music crew / RIP snails crew / 214CE crew
08-15-2024, 05:18 PM
#26
Originally Posted By friesbruh⏩
Why are you day trading on worse margins than long term holds? Short term capital gains vs holding a year needs more movement then that imo.
maybe pump & dump
that happened a week or so ago where, after it had taken a chit, my port went up by 6% one day.
knew something was fishy & sold.
some of my stuff was up 3-8% today. sold that too. buying back t'morrow.
that happened a week or so ago where, after it had taken a chit, my port went up by 6% one day.
knew something was fishy & sold.
some of my stuff was up 3-8% today. sold that too. buying back t'morrow.
We seem to be experimenting some technological differences.
08-15-2024, 05:25 PM
#27
Originally Posted By SmackSonPissIt⏩
You can still keep investing during that timeframe at lower levels, buy relatively larger quantities of shares with the same amount of money, and generate a positive return. Nobody says what you have now is all you'll ever own. JFL at panicels that can't build generational wealth because of "muh fears"
Well my son of loins, what many people are so fearful of, and have been fearful of this kind of piss for a very long time, is a long term ass depression. The s&p reached a high of about 548 (inflation adjusted) in september 29. Then we had the crash in OCT 29 and it did not recover and get back up to 548 until 1956. That's about 27 years boy, damnit boy. Now, if you had faith and just kept buying as the dow sunk and then went sideways for 27 damn years, you'd have done well. But damnit son, 27 years is a chit ton of time to have rock hard ass solid steel balls like that.
Can you imagine buying the SPY today at 553 or SPX at 5543 and then watching it drop off a cliff then trade sideways forever and then it doesn't get back up to where you initially bought until 2051 ? damnit boy….grab your cock boy
Can you imagine buying the SPY today at 553 or SPX at 5543 and then watching it drop off a cliff then trade sideways forever and then it doesn't get back up to where you initially bought until 2051 ? damnit boy….grab your cock boy
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08-15-2024, 05:26 PM
#28
Markets are pricing in a Kamala presidential win
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08-15-2024, 05:34 PM
#29
Originally Posted By imbeingcereal⏩
Except that type of a crash would be exponentially worse because actually, it can’t be covered.
You can still keep investing during that timeframe at lower levels, buy relatively larger quantities of shares with the same amount of money, and generate a positive return. Nobody says what you have now is all you'll ever own. JFL at panicels that can't build generational wealth because of "muh fears"
Do you fuks even realize the derivative bubble is approaching a quadrillion dollars ?
How much money exists again
What kind of margins are boa, chase, and goldmans playing with?
Lmao a crash these days is so far beyond the scope of anything that’s ever been seen which is why we’ve been sukking big daddy greenspans puts dik for the past three decades.
Because at least a Ponzi scheme with fed support is better than what will happen if chit goes tits up.
But we are the generation that will need to deal with it. We need it to crash and burn.
Or else we’re all just fighting over scraps while trillionaires are born
We seem to be experimenting some technological differences.
08-15-2024, 05:54 PM
#30
Originally Posted By Duckliver⏩
I think the derivatives bubble is $1.4q globally now, yet no one has their eyes on it which blows my mind
Except that type of a crash would be exponentially worse because actually, it can’t be covered.
Do you fuks even realize the derivative bubble is approaching a quadrillion dollars ?
How much money exists again
What kind of margins are boa, chase, and goldmans playing with?
Lmao a crash these days is so far beyond the scope of anything that’s ever been seen which is why we’ve been sukking big daddy greenspans puts dik for the past three decades.
Because at least a Ponzi scheme with fed support is better than what will happen if chit goes tits up.
But we are the generation that will need to deal with it. We need it to crash and burn.
Or else we’re all just fighting over scraps while trillionaires are born
Do you fuks even realize the derivative bubble is approaching a quadrillion dollars ?
How much money exists again
What kind of margins are boa, chase, and goldmans playing with?
Lmao a crash these days is so far beyond the scope of anything that’s ever been seen which is why we’ve been sukking big daddy greenspans puts dik for the past three decades.
Because at least a Ponzi scheme with fed support is better than what will happen if chit goes tits up.
But we are the generation that will need to deal with it. We need it to crash and burn.
Or else we’re all just fighting over scraps while trillionaires are born
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