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[QUOTE=Off the Court;14985303]This is not a "buy low" moment for Nvidia or any other stock. This is the start for a perceived recession and a very rough couple of years for everyone. There is a ton more room to go lower and it will go lower.[/QUOTE]
there's gotta be a small recovery before it gets worse though... if you are into day trading.
[QUOTE=Doomsday Dallas;14985304]there's gotta be a small recovery before it gets worse though... if you are into day trading.[/QUOTE]
Based on what exactly? Needs to be some form of good news before that happens.
I mean I can see some good days scattered in here and there, maybe a slight rebound tomorrow or something. But overall we are in free fall.
[QUOTE=Off the Court;14985306]Based on what exactly? Needs to be some form of good news before that happens.
I mean I can see some good days scattered in here and there, maybe a slight rebound tomorrow or something. But overall we are in free fall.[/QUOTE]
Well... that's been the trend here lately... A horrible day followed by a decent day.... and then that decent day is followed up by another horrible day....
I'm sure investors will look at some of these discounted prices tomorrow and buy in... make a quick buck, and sell off.
[QUOTE=Doomsday Dallas;14985311]Well... that's been the trend here lately... A horrible day followed by a decent day.... and then that decent day is followed up by another horrible day....
I'm sure investors will look at some of these discounted prices tomorrow and buy in... make a quick buck, and sell off.[/QUOTE]
Gambling on recent trends is not a secure way to invest.
Someone took it up the ass extra hard last night.
:roll:
[QUOTE=Off the Court;14985319]Gambling on recent trends is not a secure way to invest.[/QUOTE]
if you think the market is in free fall.... go with long term put options or buy some inverse leveraged ETFs. SQQQ up about 12% today.
There is still money to be made when $hit collapses.
[QUOTE=Doomsday Dallas;14985325]if you think the market is in free fall.... go with long term put options or buy some inverse leveraged ETFs. SQQQ up about 12% today.
There is still money to be made when $hit collapses.[/QUOTE]
Now that is not the worst idea.
What an absolute blood bath holy shit.
$1.75 Trillion Dollars deleted from the market just today.
I don’t see the point in gloating about stuff that is going to make so many innocent people suffer. If it’s an attempt to prove things to die hard Trumpers that’s impossible. Trump could literally carbon copy Adolf Hitler and they would keep defending him (I’m not saying Trump is Hitler btw, I’m saying he wouldn’t lose support if he turned into Hitler because it’s a cult). You can’t prove stuff to people who are incapable of admitting they were wrong.
So yes Trump is going to destroy the economy but harping on it over and over on this retarded board isn’t gonna do shit.
[QUOTE=Off the Court;14985360]What an absolute blood bath holy shit.
$1.75 Trillion Dollars deleted from the market just today.[/QUOTE]
That's what MAGA calls [I]winning[/I]
[QUOTE=highwhey;14985374]That's what MAGA calls [I]winning[/I][/QUOTE]
You voted for him ..... I did not. I did not vote for Donnie Darko
[center][img]https://sysfilessacbe149174fee.blob.core.windows.net/public-container/clients/worthingtheatres/files/011cecad-e7ee-4df7-a0c3-398c03fba929.jpg[/img]
[video=youtube;Cgt_kJQdjes]https://www.youtube.com/watch?v=Cgt_kJQdjes[/video]
[img]https://media.makeameme.org/created/im-an-antichrist.jpg[/img][/center]
[QUOTE=Doomsday Dallas;14985377]You voted for him ..... I did not. I did not vote for Donnie Darko
[center][img]https://sysfilessacbe149174fee.blob.core.windows.net/public-container/clients/worthingtheatres/files/011cecad-e7ee-4df7-a0c3-398c03fba929.jpg[/img]
[video=youtube;Cgt_kJQdjes]https://www.youtube.com/watch?v=Cgt_kJQdjes[/video]
[img]https://media.makeameme.org/created/im-an-antichrist.jpg[/img][/center][/QUOTE]
interesting, can you make a video about this with a hans zimmer score and a dark knight theme? thank you.
[QUOTE=RRR3;14985370]
So yes Trump is going to destroy the economy but [B]harping on it over and over on this retarded board isn’t gonna do shit[/B].[/QUOTE]
It triggers them badly. See warriorfan.
I mean, this is a troll forum and that is what it does.
[QUOTE=highwhey;14985378]interesting, can you make a video about this with a hans zimmer score and a dark knight theme? thank you.[/QUOTE]
[video=youtube;6zz4vyxh0_E]https://www.youtube.com/watch?v=6zz4vyxh0_E[/video]
that's the best I can do... low quality.
[QUOTE=Off the Court;14985360]What an absolute blood bath holy shit.
$1.75 Trillion Dollars deleted from the market just today.[/QUOTE]
IHS MAGA Fat Pack, tired of all this winning?
We are now at the “Biden stock market was TOO high” phase of Trump gaslighting.
Jesus Christ. These guys are all spineless cowards.
revisiting Tariff discussion in the debate.
[video=youtube_share;h3DZ1FqN9VY]https://youtu.be/AMz2nmtsD7I?si=h3DZ1FqN9VY[/video]
MAGA strategy:
Crash the Market to own the Libs.
RIP Tesla holders
[QUOTE=Lakers Legend#32;14985455]MAGA strategy:
Crash the Market to own the Libs.[/QUOTE]
Actually, crash the market so billionaires with cash can take over.
Tariffs are essentially stealing from the poor and giving to the rich. The low end consumer pays the price. We are the ones who pay the tariff. Not China.
And every economist in the country warned Trump of this, but when you have an ego like his you believe that you know better than the rest of the world. Despite sending 6 different businesses into Chapter 11 bankruptcy. He fails others repeatedly while he takes in all the residuals. And that is exactly what his tariffs are, taking from us and sending us into bankruptcy, while he cashes in.
[QUOTE=Off the Court;14985503]Tariffs are essentially stealing from the poor and giving to the rich. The low end consumer pays the price. We are the ones who pay the tariff. Not China.
And every economist in the country warned Trump of this, but when you have an ego like his you believe that you know better than the rest of the world. Despite sending 6 different businesses into Chapter 11 bankruptcy. He fails others repeatedly while he takes in all the residuals. And that is exactly what his tariffs are, taking from us and sending us into bankruptcy, while he cashes in.[/QUOTE]
Do you even own stocks?
[QUOTE=BigKobeFan;14985504]Do you even own stocks?[/QUOTE]
Yes Teflon, but that has literally nothing to do with what you just quoted.
Trump just doubled down on Canada's aluminum and steel tariffs, and the US stock is tanking even further.
[url]https://www.cnbc.com/2025/03/11/trump-raises-canadian-steel-aluminum-tariffs-to-50percent-in-retaliation-for-ontario-energy-duties.html[/url]
Trump raises Canadian steel, aluminum tariffs to 50% in retaliation for Ontario energy duties
We are suddenly neck deep in a completely unnecessary and costly tariff war.
Maybe we should just declare we are completely done trading with all other countries, that will show them who is boss!!!!!!!!
This is what is needed. Reduce debt, balance the budget.
[I]Shory term pain = long term gain
[/I]
Donald J. Trump
[QUOTE=rawimpact;14985510]This is what is needed. Reduce debt, balance the budget.[/QUOTE]
That tax cut the GOP want to give to the rich (again) won't do that
[QUOTE=rawimpact;14985510]This is what is needed. Reduce debt, balance the budget.[/QUOTE]
Zero chance Trump does that, none. But even if he did, it is all of us who are paying for it. A false meaningless debt comprised of money we just print out of thin air. A debt that no one in the world is trying to collect on. A debt we have always carried without burden.
Imagine how the older Trump voters are feeling, heading into retirement with their 401k at record highs, seeing it all rapidly vanish before their eyes. :lol
[QUOTE=TheMan;14985516]That tax cut the GOP want to give to the rich (again) won't do that[/QUOTE]
No but we'll see what actually gets written up.
Do I think it's possible to balance the budget? No... too much wasted money, but in all honesty the country as to start somewhere. If every president makes such an attempt it is possible IMO.
The American people will have to continue to pay and possibly pay more taxes no doubt... but our expenses obviously need to be cut first. I see that happening despite all the backlash... Trying to get something for the money we've invested in Ukraine is a start, but it too needs to have a goal/pullout in mind. I don't know how more people don't respect that decision. The Mineral rights were estimated to be what, 500B up to a trillion? That certainly helps... A 20% tariff is 3 trillion over a ten year period and raise taxes on average 2k per household ([URL]https://taxfoundation.org/blog/trump-tariffs-revenue-estimates/[/URL])
Our expenditures have never had anything to do with our tax intake. The only reason we even take taxes is to keep inflation in check. And inflation is the only negative byproduct of Federal Spending. There is no reason to pay off the national debt, not the domestic part that we owe ourselves anyway. Foreign debt is another story but that has been pretty steady and not out of control.
The problem Trump has though is due to tariffs he will see inflation rise, and then the Fed is once again going to have to turn off the water tap. Because inflation is the only reason to keep spending in check.
Ukrainian/Russian peace is gonna overshadow this stock market beatdown. Watch.
[QUOTE=Doomsday Dallas;14985549]Ukrainian/Russian peace is gonna overshadow this stock market beatdown. Watch.[/QUOTE]
Well it should.... the war has gone on for years and we've had a huge financial participation in it. The stock is obv. volatile given what's been going on and what will continue to go on for some time. One of those is expected and the other is not... saving lives is important and rightfully should make headlines.
"Headlines" aren't really a thing any more.
[IMG]https://i.redd.it/k59ut6q2b3oe1.jpeg[/IMG]
Don't forget the MAGA's talking point.
This will only cause a little minor pain at first.
[i]The U.S. stock market has lost $4 trillion in value since Feb 19.[/i]
[IMG]https://i.redd.it/waqj5ddkm4oe1.jpeg[/IMG]
[QUOTE=rawimpact;14985510]This is what is needed. Reduce debt, balance the budget.[/QUOTE]
Yeah and you do that marginally.
Let's say you have 2 departments: d1 and d2; I have 200 employees in d1 and 300 in d2, I move 50 employees from d1 to d2 to see how efficiently both run and if not much has changed then obviously d1 was inefficient and are able to pick up the slack and d2 just becomes less efficient as they become bloated with a larger workforce, then cut 100 employees in d2 and see what reactions that causes. Cuts like this require testing, corporations do instant layoffs all the time because it raises stock prices and they can borrow against that increase, but when the govt does that what do they do?
The economy spits out a killer CPI report today and the market is just limp. During Biden's term this same report made the market shoot up with joy and had MAGA cultists putting on their tin foil hats calling the numbers fake.
Horrible sign.
I suppose good inflation numbers don't matter when you understand the coming tariffs are going to cause inflation and usher in a recession.