Stocks Off Sharply as Market Upheaval Grows
nytimes.com
Stocks Off Sharply as Market Upheaval Grows
1–10 of 433 posts
Re: Stocks Off Sharply as Market Upheaval Grows
#2Nothing to be surprised here.
Anyway, finally this might be the perfect time to consider a market entry again after a lost year so far. Lost if you were refusing to buy at much too high prices. Let it go down some more days and invest then.
Re: Stocks Off Sharply as Market Upheaval Grows
#3Animals, herded.
Re: Stocks Off Sharply as Market Upheaval Grows
#4Seesawing pretty heavily at this point. It was back up to -500ish a few minutes ago, then back to -800ish.
Re: Stocks Off Sharply as Market Upheaval Grows
#5Nothing to be surprised here. Anyway, finally this might be the perfect time to consider a market entry again after a lost year so far. Lost if you were refusing to buy at much too high prices. Let it go down some more days and invest then.
https://en.wikipedia.org/wiki/Market_timing#Evidence_for_mar...
> Studies find that the average investor's return in stocks is much less than the amount that would have been obtained by simply holding an index fund consisting of all stocks contained in the S&P 500 index.
Re: Stocks Off Sharply as Market Upheaval Grows
#6I think it's a bad sign when they can write an article and get it out in under 25 minutes...but by the time they release the article, the market has gone up by half the amount it fell on opening. This market is severely flawed.
Re: Stocks Off Sharply as Market Upheaval Grows
#7Broadly speaking the US economy is quite healthy and people were expecting a correction in the stock market for some time. Within tech, it will have some negative impact on the plans of some companies as it will be harder to get lofty valuations based on 'fluff'... during such times investors want to see hard facts and real results to back-up value--but that's a broader trend thats been slowly developing for some time.
Internationally, China is clearly having a hard time dealing with the realities of 'the market.' People have long since suspected a lot of the figures coming out of China were not accurate and everyone knows the place is rampant with corruption and such. Things are going to get a lot uglier there before it gets better.
Re: Stocks Off Sharply as Market Upheaval Grows
#8The global panic might have a good reason, this is probably the first time China goes through a true financial crisis. Their ability to deal with such situation is by and large unknown to anyone.
Re: Stocks Off Sharply as Market Upheaval Grows
#9How about a more useful index than the Dow, which fails to account for basic stuff like market cap? S&P 500 % drop or something would be more meaningful.
EDIT: The page in question lists it actually, S&P 500 down 4.1%.
Re: Stocks Off Sharply as Market Upheaval Grows
#10How do oil prices factor into this? The price has already been diving in this last quarter. Oil stocks also make up a huge portion of the Dow formula.