Posted on 03/14/2018 7:05:29 PM PDT by cba123
March 14 (Reuters) - The Dow Jones Industrial Average shed more than 250 points on Wednesday as U.S. manufacturers continued to suffer from concerns over the impact of new tariffs on trade.
(please see full article at the link)
(Excerpt) Read more at cnbc.com ...
Shares in Qualcomm fell about 3 percent and those in rival Broadcom declined 0.5 percent after the Singapore-based chipmaker formally withdrew its bid for Qualcomm Inc but said it would pursue other targets.
I see NBC is trying to pornographic in the markets. 250 points inthe todays market isn’t even a hiccup.
Wow! That's like ... nothing.
US STOCKS-Dow sheds 250 pts as trade war worries weigh on industrials.
Or it could have been that the economic news was too good. Or it could have been that the economic news was not good enough. Or it could have been that it was cold in Hew England. Or it could have been that there was a lot of wind in the Midwest. Or it could have been that it was Wednesday. Or it could . . ..
Or is could be that China is adjusting the money they have invested in America.
Long term, it seems to me likely, a readjustment in the Yuan’s value is long, long overdue.
Maybe it’s the beginning of an adjustment, based on the Yuan.
Or not. Who knows.
How much has the Dow increased since DJT became President in comparison?
This is crap. The market goes up and down regardless of the trade tariffs. CNBC will have a reason for the stock going up down or sideways every day. The Tariffs were announced last week and the market went up. The reality is the market will go up when people have jobs and get good raises and bonus’. 401Ks fill up, as well as pension plans. And as long as companies grow profits they will buy back stock. So don’t worry, the market is going up until earnings fall.
cue up Gloria Gaynor.
A local Metro Detroit news station reports the stock futures right around 5:11 am every weekday and if the arrows happen to be red at that time, the Anchor states that the markets will open lower. If the arrows are green, the Anchor says they will all open to the upside. At 5:11 am EST, there is more than 4 hours of futures trading activity before the opening bell and that’s time enough for the futures to go from red arrows at 5:11 am to green arrows by 9:30. Am I right or does this local news station not have it’s facts straight?
Normal volatility is back. Don’t fret over it. If you are only in stocks for the short term, get out of them; they’re not for you.
A local Metro Detroit news station reports the stock futures right around 5:11 am every weekday and if the arrows happen to be red at that time, the Anchor states that the markets will open lower. If the arrows are green, the Anchor says they will all open to the upside. At 5:11 am EST, there is more than 4 hours of futures trading activity before the opening bell and that’s time enough for the futures to go from red arrows at 5:11 am to green arrows by 9:30. Am I right or does this local news station not have it’s facts straight?
He is just saying where the overnight futures market is at the time. It does change before the market opens at 9:30 est. I have seen it move a lot. Especially if a report like jobs or GDP is announced before the market opens. So, if he is implying he knows where the market will open, he is wrong. But he is rightly saying where the market is at that time. One other thing to note. The overnight markets have low volume and is swayed by European markets. However, after 9:30 est, the volume goes way up. So these new traders have far more impact (more money and more trades) than the few overnight traders.
Nah, you read it right. The Anchor states as though it is a given that the three major indices “will” open one way or the other based on what the futures look like (all green or all red) 4+ hours before the opening bell. It’s not just them saying what their bests guesses are.
Wow, “experts” are just now figuring out the 40 year old trade war we are in engaged in(and losing)is a problem.
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