Imminent Crash?

[dvous11]

How many of you have decided to move funds into cash?

 

[sprite09]

People always think there's going to be some sort of 1987-like one-day crash or black-swan event like COVID or the GFC--the probability is not on your side (2%)! Plus, it's an election year--going against the odds even more.

High rates, sticky inflation, recession, yadda yadda yadda, talk have absolutely rekted the bears last year and this year. Corrections like today are normal and hopefully you were able to capitalize on some discounts (but really just higher lows for those who have been sidelined). Sure, the correction should continue, but one shouldn't bank on the market of repeating last year's late summer/early fall correction.

[1]https://insights.som.yale.edu/insights/do-we-know-when-we-re-headed-for-crash

[2]https://www.nber.org/system/files/working_papers/w22143/w22143.pdf

 

[jeff2]

Investors are trying to assess whether all the huge AI capital spending that companies such as Microsoft and Amazon are doing is going to lead to meaningful profitability increases other than making Nvidia rich.

 

[Indiana]

I’m going off grid this week.
Not going to watch.
It could be pretty ugly.
The week after might be a good op for some bottom feeding.

 

[mitchell76]

https://twitter.com/i/web/status/1820276947894599740

 

[mitchell76]

https://twitter.com/i/web/status/1820296125967999111

 

[mitchell76]

https://twitter.com/i/web/status/1820289580756815949

HAPPENING NOW: Stock futures and Crypto plummet with the Nikkei 225 index in Japan down around 6%. The development comes after a dismal US jobs report as concerns grow over an economic slowdown. DOW futures:

0.5% S&P 500 futures:

1.2% NASDAQ futures:

2.1% Bitcoin:

11% Ethereum:

21%

 

[mitchell76]

https://twitter.com/i/web/status/1820397591529492829

 

[mitchell76]

https://twitter.com/i/web/status/1820337386682777985

3 WEEKS AGO an assassination attempt on President Trump’s life … No CLOSER TO ANSWERS

Black Monday - 1:45am and NASDAQ is already down over 400 pts. About to crash.

8/5 Sirens activated across Israel … Iran begins airstrikes on Israel

Black Monday - Japan's Nikkei stock index falls over 4,000 points, the largest drop in its history.

The media has still not interviewed Kamala Harris since she became the Democratic Party nominee for POTUS. Media crickets.

Obama is taking a victory lap.

Trump 2024 Now More than Ever.

 

[mitchell76]

https://twitter.com/i/web/status/1820342919330422876

 

[mitchell76]

https://twitter.com/i/web/status/1820420208680468632

#WallStreet is set for a sharp decline at the opening bell

In premarket trading, the Dow Jones Industrial Average was down 1.6%, the S&P 500 had dropped 2.6%, and the Nasdaq 100 had fallen 4.2%. The tech-heavy Nasdaq 100 Index is anticipated to plummet by nearly c800 points when markets open on Monday.

 

[mitchell76]

https://twitter.com/i/web/status/1820281834300699060

 

[mitchell76]

https://twitter.com/i/web/status/1820425280881926193

 

[Jubee]

How many of you have decided to move funds into cash?

Fucked no matter which way you look at it. Just enjoy the ride.
You know this bro

 

[Jubee]

https://twitter.com/i/web/status/1820342919330422876

what time period is that month?

The closest I seen was July 18th to present day.

 

[mitchell76]

what time period is that month?

The closest I seen was July 18th to present day.

Today. LMT is up a bit in pre-market, while the majority of US stocks and US indexes, are tanking in pre-market!!

https://www.cnbc.com/quotes/LMT

 

[mitchell76]

https://www.cnbc.com/2024/08/04/stock-market-today-live-updates.html

 

[Jubee]

Today. LMT is up a bit in pre-market, while the majority of US stocks and US indexes, are tanking in pre-market!!

https://www.cnbc.com/quotes/LMT

550 to 555 is all I see, but the previous post you made I saw July18th to now. Not arguing just trying to puzzle things together, all good.

 

[Gators]

I will wait till tomorrow how things shape up. I am up YTD 24% but I am a bit uneasy on tech and banks. Will sell ETF of them if this continues. IMO tech is overvalued and AI is more hyped.

 

[jalimon]

I honestly do believe it’s due to Kamala now having a good shot at victory. Markets are forward looking and started to trend up every time Trump had good news.

It’s pricing in something big for economic and military de-stability. When America is weak, you see the world start to fall apart.

It’s either that or Japan’s spooked by an upcoming Godzilla attack.

I would certainly not use you as a trader

Buffet sold half his stock of Apple last week. Cashing in 50 billion. BA has now 180 billion in cash. He’s getting ready to buy once everything’s go down good.