Long term it should bounce back but it sure sucks now.I'm thinking about what I should do if it hits $29.
The talking heads predicted this data wrong. Again.Was watching Foxbusiness when the new CPI data released. The futures went from 200 up to 300 down in a blink. Those supercomputers the big boys have don't play around.
The talking heads predicted this data wrong. Again.
Was watching Foxbusiness when the new CPI data released. The futures went from 200 up to 300 down in a blink. Those supercomputers the big boys have don't play around.
I know who you mean. I've been watching Bloomberg of late. Their hosts don't relentlessly yak as much as CNBC's.There is one dude on CNBC that has called their BS and has been shaking his head for months. Believe his name is Josh.
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I buy/sell individual stocks like once every two/three years. I don't see anything I like yet. Got my eye on a few though.We're back to price levels not seen since... last week.
Still buying happily.
September and October have historically been the scariest months for stocks.Average returns after 4% SPY down day is up 2% 5 weeks later.
I.e. we gonna chop through october.
They were green about 90 minutes ago but I just checked and they are now red. Unless there is some kind of unexpected good news today I think we are in for another fall, although not of yesterday's magnitude. Also, there is an impending railway strike this Friday. If it reaches fruition that will cause another drop in the markets in my opinion.Futures are fugly.
The railway strike is already affecting us. We've been told to stop loading certain chemicals because they can't sit. It could get pretty squirrelly for us if it goes through.They were green about 90 minutes ago but I just checked and they are now red. Unless there is some kind of unexpected good news today I think we are in for another fall, although not of yesterday's magnitude. Also, there is an impending railway strike this Friday. If it reaches fruition that will cause another drop in the markets in my opinion.
Which line do you work for?The railway strike is already affecting us. We've been told to stop loading certain chemicals because they can't sit. It could get pretty squirrelly for us if it goes through.
I work at a chemical plant that ships chemicals via rail. Some of those chemicals can't sit in rail cars long term so we have to stop shipping.Which line do you work for?
They were green about 90 minutes ago but I just checked and they are now red. Unless there is some kind of unexpected good news today I think we are in for another fall, although not of yesterday's magnitude. Also, there is an impending railway strike this Friday. If it reaches fruition that will cause another drop in the markets in my opinion.