Dow futures collapsing

Yep. Not sure which individual stocks will come out the biggest winners so I will be putting some cash into my index fund. The market as a whole will increase in value over the short to mid-term and i hope to take advantage.

edit:if I can get in that is. Website must be at max capacity.

 

Totally my fault guys.... I moved a big chunk of cash into the market on Friday, so naturally this happens on the next trading day...

 

You hit a little bad luck…sorry to hear it man.
At least you still have a sense of humor about it.

 

Markets getting hammered, but the one stock I own is doing relatively well.
I'm smart enough to realize that is luck more than anything else.

 

Well then you must be rich with your investment prowess from the market moves this week. Congrats. Remember us little people.

The culprit is the Fed waiting way too long to cut rates because of all the political whining on long passed inflation. They were so frightened by bad press if it ticked up one millionth of a point they drove investment and innovation backwards with high rates. Market is super reactive because the politicization of the news cycle.

 

Home Depot. I worked in corporate for about 10 years. I saw first hand how the company ran and was able to pick up a lot of stock thru Stock Purchase Program (at 15% discount when it was at 20-30 bucks a share) and also thru restricted stock bonuses. I've pared it down over the years but it is still heavily weighted in my portfolio due to valuation.

Other than HD, my wealth is in mutuals, ETFs and land (and good health).

 

Tell that to Warren Buffett. I'm just stating what I read, nothing m

It is what it is... And yes, it happens all the time, but don't tell me administrations don't get blamed for them when these bubble burst on their watch. I also don't know how bad this correction will be... I have stocks, so it's bad enough. Hopefully, it'll be a small correction.

 

LMFAO! Perfect...

 

Yes administrations get blamed for bursting bubbles and great market run-ups. They probably get too much blame and too much credit.

 

All triggered by the Japan market which is currently sitting at the same level it was less than a year ago? Hmm. Any Japanese market experts?

 

Just wait till China triggers one...

 

Wall Street Journal:

Why the Yen Carry Trade Unwind Has Further to Go (wsj.com)

The carry trade isn't unwound yet.

Investors are rushing to close out one of the most popular investment strategies of recent years: making investments with borrowed Japanese yen.

Many investors have been participating in the so-called carry trade. Here’s how that works: an investor borrows the currency of a place where interest rates are low, like Japan or China, and uses it to invest in a currency where interest rates are higher, like Mexico.

The trade depends on the borrowing currency remaining cheap, and market volatility remaining low. Both of those factors have turned against investors in recent weeks as the yen surged, forcing them to close out out their positions.

 

Yeah, that ship sailed a long time ago. Next thing you'll tell us is how they're going to become the world's largest economy. LOL! https://www.cnn.com/2024/01/23/investing/china-stock-market-losses-explained/index.html

 

If China causes one, it will be far worse in scope and scale.

 

What part of "IF" don't you understand... Are you really that dense? I never said that they WILL cause one.

Go back and blame someone else for the market correction. Don't respond to my any more of posts because you misrepresent what I say.

 

MAGA is celebrating as they watch the value of their 401k's drop

 

I worry less about them since they dont really buy anything from us. If they collapse we'd just get cheaper goods. I am right almost half the time so you can book that. : )

 

I know no one that is celebrating this... You're more than likely just making crap up.