Originally posted by carpedm9587
View Post
Announcement
Collapse
Civics 101 Guidelines
Want to argue about politics? Healthcare reform? Taxes? Governments? You've come to the right place!
Try to keep it civil though. The rules still apply here.
Try to keep it civil though. The rules still apply here.
See more
See less
Stock Market plunge.
Collapse
X
-
Originally posted by Sparko View PostI usually use the S&P to get a good overall market average. And I have a few S&P based ETFs: IVV, IWR, IWN
We're in volatile land for a while. Hopefully it will settle down, but we also had a major change at the top of the fed which, interestingly, happened at about the same time the volatility started. Maybe we'll be volatile until he proves his bonafides...?The ultimate weakness of violence is that it is a descending spiral begetting the very thing it seeks to destroy...returning violence for violence multiplies violence, adding deeper darkness to a night already devoid of stars. Darkness cannot drive out darkness; only light can do that. Hate cannot drive out hate; only love can do that. Martin Luther King
I would unite with anybody to do right and with nobody to do wrong. Frederick Douglas
Comment
-
Originally posted by Sparko View PostInsider TRADING!!!! I am gonna report you!!!The first to state his case seems right until another comes and cross-examines him.
Comment
-
Looks like it closed +567 today
I'm always still in trouble again
"You're by far the worst poster on TWeb" and "TWeb's biggest liar" --starlight (the guy who says Stalin was a right-winger)
"Overall I would rate the withdrawal from Afghanistan as by far the best thing Biden's done" --Starlight
"Of course, human life begins at fertilization that’s not the argument." --Tassman
Comment
-
Originally posted by rogue06 View PostLooks like it closed +567 today
Doesn't erase the correction, and is certainly part of the ongoing volatility. The Wilshire bounced around in a 1082 point window over the course of the day.
Let's see what tomorrow and the rest of the week bring.The ultimate weakness of violence is that it is a descending spiral begetting the very thing it seeks to destroy...returning violence for violence multiplies violence, adding deeper darkness to a night already devoid of stars. Darkness cannot drive out darkness; only light can do that. Hate cannot drive out hate; only love can do that. Martin Luther King
I would unite with anybody to do right and with nobody to do wrong. Frederick Douglas
Comment
-
Originally posted by carpedm9587 View PostYeah - but I don't follow the DOW. It's a pretty lame index. The NASQAQ is up 148.36 (2.13%), The S&P 500 is up 46.20 (1.74%), and the Wilshire 5000 (my favorite) is up 440.03 (1.60%).
Doesn't erase the correction, and is certainly part of the ongoing volatility. The Wilshire bounced around in a 1082 point window over the course of the day.
Let's see what tomorrow and the rest of the week bring.
Chart:
Blue: Wilshire 5000,
Red: DOW
Gold:S&P 500
stock.jpg
Comment
-
Originally posted by Sparko View PostLooks like your Wilshire 5000 is pretty close to the S&P 500.
Chart:
Blue: Wilshire 5000,
Red: DOW
Gold:S&P 500
[ATTACH=CONFIG]26400[/ATTACH]
I would have expected the S&P to be closer to the Wilshire than the DOW - but the distinction may be a function of what stock groups are present in the index.The ultimate weakness of violence is that it is a descending spiral begetting the very thing it seeks to destroy...returning violence for violence multiplies violence, adding deeper darkness to a night already devoid of stars. Darkness cannot drive out darkness; only light can do that. Hate cannot drive out hate; only love can do that. Martin Luther King
I would unite with anybody to do right and with nobody to do wrong. Frederick Douglas
Comment
-
Originally posted by carpedm9587 View PostYeah - the law of large numbers at work. The DOW aggregates about 30 stocks. The S&P aggregates 500. Wilshire aggregates (wait for it)... about 3750 (turns out there aren't enough stocks left for them to aggregate 5000, given the heavy spate of M&As in the past decade). Usually, you see alignment tighten as much as it's going to between 1,000 and 1,500 - which is why most surveys/polls target these numbers, and those that target a smaller pool have a larger margin of error.
I would have expected the S&P to be closer to the Wilshire than the DOW - but the distinction may be a function of what stock groups are present in the index.
Comment
-
Originally posted by Sparko View PostFor most of my investing (long term) I usually stick to index funds like the S&P 500 or Russel 2000, and I have a few bonds and a few company stocks (like Apple and Johnson & Johnson) - I seem to do pretty good. I am not an expert on the stock market. I made the mistake of trying to do "day trading" once and pretty much lost my test pool. Predicting stock rises and falls is beyond me, so I try to just go in it for the long haul.The ultimate weakness of violence is that it is a descending spiral begetting the very thing it seeks to destroy...returning violence for violence multiplies violence, adding deeper darkness to a night already devoid of stars. Darkness cannot drive out darkness; only light can do that. Hate cannot drive out hate; only love can do that. Martin Luther King
I would unite with anybody to do right and with nobody to do wrong. Frederick Douglas
Comment
-
Some more stock market plunges today, with the Dow down another 1000 points.
I see Sean Hannity's been turning the double-speak up to 11: Trump's been responsible for all the increases under him, but Obama is responsible for this latest downturn. Gotta love the conservative double-speak. The Trump Slump is all Obama's fault!Last edited by Starlight; 02-08-2018, 09:12 PM."I hate him passionately", he's "a demonic force" - Tucker Carlson, in private, on Donald Trump
"Every line of serious work that I have written since 1936 has been written, directly or indirectly, against totalitarianism and for democratic socialism" - George Orwell
"[Capitalism] as it exists today is, in my opinion, the real source of evils. I am convinced there is only one way to eliminate these grave evils, namely through the establishment of a socialist economy" - Albert Einstein
Comment
-
Originally posted by Starlight View PostSome more stock market plunges today, with the Dow down another 1000 points.
I see Sean Hannity's been turning the double-speak up to 11: Trump's been responsible for all the increases under him, but Obama is responsible for this latest downturn. Gotta love the conservative double-speak. The Trump Slump is all Obama's fault!The first to state his case seems right until another comes and cross-examines him.
Comment
-
Originally posted by Starlight View PostSome more stock market plunges today, with the Dow down another 1000 points.
I see Sean Hannity's been turning the double-speak up to 11: Trump's been responsible for all the increases under him, but Obama is responsible for this latest downturn. Gotta love the conservative double-speak. The Trump Slump is all Obama's fault!The ultimate weakness of violence is that it is a descending spiral begetting the very thing it seeks to destroy...returning violence for violence multiplies violence, adding deeper darkness to a night already devoid of stars. Darkness cannot drive out darkness; only light can do that. Hate cannot drive out hate; only love can do that. Martin Luther King
I would unite with anybody to do right and with nobody to do wrong. Frederick Douglas
Comment
-
Originally posted by carpedm9587 View PostAre you serious? Hannity is blaming the current slump on Obama? Exactly how does that rationalization work?Micah 6:8 He has told you, O man, what is good; and what does the LORD require of you but to do justice, and to love kindness, and to walk humbly with your God?
Comment
Related Threads
Collapse
Topics | Statistics | Last Post | ||
---|---|---|---|---|
Started by Cow Poke, Yesterday, 01:19 PM
|
9 responses
50 views
0 likes
|
Last Post
by seanD
Yesterday, 11:58 PM
|
||
Started by Hypatia_Alexandria, Yesterday, 12:23 PM
|
4 responses
32 views
0 likes
|
Last Post
by NorrinRadd
Today, 12:44 AM
|
||
Started by Cow Poke, Yesterday, 11:46 AM
|
16 responses
100 views
0 likes
|
Last Post
by Stoic
Yesterday, 04:44 PM
|
||
Started by seer, Yesterday, 04:37 AM
|
23 responses
106 views
0 likes
|
Last Post
by seanD
Yesterday, 02:49 PM
|
||
Started by seanD, 05-02-2024, 04:10 AM
|
27 responses
155 views
0 likes
|
Last Post
by seanD
Yesterday, 01:37 PM
|
Comment