dow jones

[Wally]

SELL, SELL, SELL!

 

[bbsam]

SELL, SELL, SELL!

Why?

 

[Wally]

Why?

Crash!

 

[bbsam]

Crash!

So?

 

[Babagounj]

Just another bump in the road.
No need to panic.
Watch for a great buying opportunity.

 

[Wally]

 

[Up In Smoke]

Most of my put options are now in the money. Please everyone panic sell.

 

[Jones]

Most of my put options are now in the money. Please everyone panic sell.

Be fearful when others are greedy, and greedy when others are fearful"

 

[Babagounj]

	Dow	31,104.97	-1,276.37	-3.94%
	S&P 500	3,932.69	-177.72	-4.32%
	Nasdaq	11,633.57	-632.84	-5.16%
	GlobalDow	3,513.14	-104.73	-2.89%
	Gold	1,713.70	-26.90	-1.55%
	Oil	87.50	-0.28	-0.32%

 

[oldngray]

https://twitter.com/i/web/status/1569780379317579776

 

[DELACROIX]

https://twitter.com/i/web/status/1569780379317579776

But...but ...Biden said?

 

[Wally]

But...but ...Biden said?

"It’s Russians fault"?

 

[DriveInDriveOut]

Good, Good

 

[Wally]

Why the stock-market selloff could get ugly if S&P 500 falls below 3,900

The S&P 500 index must avoid a fall below important chart support at 3,900 or face elevated risk of a steeper selloff, analysts say after market's biggest...

www.marketwatch.com

 

[Wally]

20 percent...

https://money.usnews.com/investing/news/articles/2022-09-15/bridgewaters-ray-dalio-expects-stocks-to-fall-20-if-rates-rise-to-4-5

 

[IVE GOTTA PACKAGE 4U]

20 percent...

https://money.usnews.com/investing/news/articles/2022-09-15/bridgewaters-ray-dalio-expects-stocks-to-fall-20-if-rates-rise-to-4-5

Buy buy buy

 

[Wally]

Buy buy buy

I thought Wall Street liked interest rate hikes?

 

[IVE GOTTA PACKAGE 4U]

I thought Wall Street liked interest rate hikes?

No they don't.

Instead of people investing in dividend paying stocks and will put their money into safe places like treasuries

 

[PT Car Washer]

No they don't.

Instead of people investing in dividend paying stocks and will put their money into safe places like treasuries

Like putting your money into a bank instead of taking it to the casino where the house always wins.

 

[IVE GOTTA PACKAGE 4U]

Like putting your money into a bank instead of taking it to the casino where the house always wins.

I just bought myself a 3-year treasury note paying 3.55%.

Yes I can buy utility stock it will give me a kind of yield but what is the price that stock can be worth in a year or two?