The Briefing Room

General Category => Economy/Business => Topic started by: Gefn on February 06, 2018, 02:35:43 pm

Title: Dow plunges 530 points, 3 day losses total more than 2,300 points
Post by: Gefn on February 06, 2018, 02:35:43 pm: https://www.cnbc.com/2018/02/06/us-stock-futures-dow-data-earnings-market-sell-off-and-politics-on-the-agenda.html (https://www.cnbc.com/2018/02/06/us-stock-futures-dow-data-earnings-market-sell-off-and-politics-on-the-agenda.html)

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Title: Re: Dow plunges 530 points, 3 day losses total more than 2,300 points
Post by: Applewood on February 06, 2018, 02:55:18 pm: Last I looked, the Dow is up a bit this morning.
Title: Re: Dow plunges 530 points, 3 day losses total more than 2,300 points
Post by: Gefn on February 06, 2018, 03:00:25 pm: Quote from: Applewood on February 06, 2018, 02:55:18 pm
Last I looked, the Dow is up a bit this morning.

Dow apparently went up 100 points about 10-15. Minutes after Opening hope it closes up
Title: Re: Dow plunges 530 points, 3 day losses total more than 2,300 points
Post by: endicom on February 06, 2018, 03:04:12 pm: Quote from: Freya on February 06, 2018, 03:00:25 pm
Dow apparently went up 100 points about 10-15. Minutes after Opening hope it closes up

That was an amazing turnaround. Could be an interesting day.
Title: Re: Dow plunges 530 points, 3 day losses total more than 2,300 points
Post by: Applewood on February 06, 2018, 03:45:53 pm: Dow just dipped a little again. Going to be a roller coaster ride.
Title: Re: Dow plunges 530 points, 3 day losses total more than 2,300 points
Post by: Restored on February 06, 2018, 07:02:17 pm: The good news is that my Duke Power dividend rate has risen to 4.8% and my AT&T has risen to 5.5% 8888crybaby
Title: Re: Dow plunges 530 points, 3 day losses total more than 2,300 points
Post by: WingNot on February 06, 2018, 07:13:17 pm: In other news. The world hasn't ended and the SM has leveled off. Falling body's not sighted.
Title: Re: Dow plunges 530 points, 3 day losses total more than 2,300 points
Post by: Free Vulcan on February 06, 2018, 07:26:09 pm: They've been selling into it like hell trying to retest the lows and so far the market's been holding up. If they can't accomplish that soon the market's going to turn up and go higher, say upper 2700's on the SPX, which is well above a 50% retrace and a good sign short term.
Title: Re: Dow plunges 530 points, 3 day losses total more than 2,300 points
Post by: Weird Tolkienish Figure on February 06, 2018, 07:27:38 pm: Watched some talking heads this morning and they pretty much all wanted to market to tank so they could pin it on Trump.
Title: Re: Dow plunges 530 points, 3 day losses total more than 2,300 points
Post by: WingNot on February 06, 2018, 07:29:07 pm: Quote from: Weird Tolkienish Figure on February 06, 2018, 07:27:38 pm
Watched some talking heads this morning and they pretty much all wanted to market to tank so they could pin it on Trump.

It is a sickness.
Title: Re: Dow plunges 530 points, 3 day losses total more than 2,300 points
Post by: Applewood on February 06, 2018, 09:16:25 pm: MSN jus reported the Dow gained 567 points today. So you can all stop panicking now.
Title: Re: Dow plunges 530 points, 3 day losses total more than 2,300 points
Post by: WingNot on February 06, 2018, 09:19:22 pm: Quote from: Applewood on February 06, 2018, 09:16:25 pm
MSN jus reported the Dow gained 567 points today. So you can all stop panicking now.

Well that would ruin the narrative. Can't be having none of that foolishness.