Posted on 09/30/2022 1:53:05 PM PDT by mykroar
Dow Jones Market Data, meanwhile, found that in Octobers following a September drop of 7% or more, the Dow has seen an average fall of 1.51% and a median drop of 1.46%. That compares with an average rise of 0.37% for all Octobers and a median gain of 0.79%. The S&P 500 has risen 46.15% of the time in Octobers that follow a 7% or more September decline, versus a rise 57.6% of the time for all Octobers
The lefty Dems are doing to America what the did to Afghanistan.
This destruction is intentional, the chaos by design.
Two classes. One party. One Reich!
Hail Hydra!
Perhaps if people elect more democrats, the stock market will skyrocket
I just checked my portfolio. It’s dropped in value 14% in the past 30 days. F*** Joe Biden. Up the rectum with a sharp and splintery old toilet plunger handle.
Lefty Market Watch is the DNC .
Dont believe anything stated here .
All Dem BS all the time .
It's tempting. The S&P 500 index fund I usually invest some of my money in (I've been out since Brandon walkered into the WH) is down about 26% from its ATH in January of this year (down 6% since Trump was cheated out of the WH).
Historically, though, the S&P 500 drops more than 30% when it takes more than a few months to drop. In 2020 and 1987 it dropped 30-ish% but those drops were quick (in a few months, of course in 1987 most of the drop was in one day). With both of those it rebounded quickly.
But this isn't a rapid drop. This is more of a slow bleed that's been doing on over 8 months. The 2000 bear lasted 2 and a half years and the S&P dropped 49%. The 2008 bear lasted 1.5 years and the S&P dropped 56%. I don't fee safe jumping back in until it's down at least 40%.
We already in stagflation...next up depression.
Looks to me that there is further downside to come.
There are sharp rallies during bear markets.
After 13 years of lowering interest rates and the plunge protection team preventing large declines, we are due.
Those who grew up only knowing the market goes up so hold and rebalance are going to get an education.
Beware January.
I pulled close to half my holdings out of stocks a short while ago.
I’m glad I did it...
Putting it in bullion.
I’m not as anxious now....
No haven..bonds and investment grade dividend stocks cratering...silver down because main use is in industry..and industrial production is down...as for gold..anyone’s guess.
Vanguard short term treasury fund is yielding 3.8%. Minimum $3000 to invest. Plus, it is exempt from state taxes.
https://investor.vanguard.com/investment-products/mutual-funds/profile/vsbsx
Also, Crypto, which was always believed to be a hedge against market instability, has tanked.
It’s like dejavubama all over again
Personally, I think the least of our worries this October will be stocks.
I give us actually having elections at all a 50/50 chance.
“ The bear won’t end until I sell all my stock.”
The bear won’t end until Joe and Kamala are no more.
True. But I think a GOP congress could help. They will at least put the breaks on this train wreck.
“No haven..bonds and investment grade dividend stocks cratering...silver down because main use is in industry..and industrial production is down...as for gold..anyone’s guess.”
That’s me. Starting to have a real impact on lifestyle for me not as far as food, etc., but a real problem for any travel or other discretionary spending.
Today was more weird than usual, the Dow was down 500 but the Vix finished negative. This has been a mostly peaceful sell off so far. Waiting for capitulation, the big dump.
Rule-of-thumb, never try to catch a falling knife.
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