Forums > Off-Topic Discussion > 2016 Stock Market Opener

Photographer

nwprophoto

Posts: 15005

Tonasket, Washington, US

Ouch, DOW -400

Jan 04 16 07:12 am Link

Photographer

FlirtynFun Photography

Posts: 13926

Houston, Texas, US

yeah, unfortunately China's slow economy along with our sluggish economy and our current political climate don't add up to a lot of confidence in the market.

Jan 04 16 07:47 am Link

Photographer

FIFTYONE PHOTOGRAPHY

Posts: 6597

Uniontown, Pennsylvania, US

buy

Jan 04 16 07:51 am Link

Photographer

nwprophoto

Posts: 15005

Tonasket, Washington, US

51 Imaging wrote:
buy

That is what I am thinking

Jan 04 16 08:01 am Link

Photographer

Michael Bots

Posts: 8020

Kingston, Ontario, Canada

The freight and shipping indexes look like 2007 all over again.


"It is well enough that the people of this nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." -Automaker Henry Ford, during the Great Depression


https://www.youtube.com/watch?v=-DT7bX-B1Mg


China Halts Stock Trading After 7% Rout Triggers Circuit Breaker
http://www.bloomberg.com/news/articles/ … n-declines


"Dow Jones starts 2.3% lower to the year, on track for worst start to a year since 1932"
https://twitter.com/Schuldensuehner/sta … 89/photo/1
https://pbs.twimg.com/media/CX4nw1HWcAAJyfn.png




Bail-Ins Begin
http://ellenbrown.com/2015/12/29/a-cris … ins-begin/

"under both the Dodd Frank Act and the 2005 Bankruptcy Act, derivative claims have super-priority over all other claims, secured and unsecured, insured and uninsured."

"Under the old liquidation rules, an insolvent bank was actually “liquidated” – its assets were sold off to repay depositors and creditors. Under an “orderly resolution,” the accounts of depositors and creditors are emptied to keep the insolvent bank in business."

Jan 04 16 09:53 am Link

Photographer

DOUGLASFOTOS

Posts: 10604

Los Angeles, California, US

I just lost 1.8 billion, trillion, zillion, million peso.

Jan 04 16 10:00 am Link

Photographer

nwprophoto

Posts: 15005

Tonasket, Washington, US

Michael Bots wrote:
Bail-Ins Begin
http://ellenbrown.com/2015/12/29/a-cris … ins-begin/

Interesting link.
Following the links to the banks derivative exposure

http://www.ibanknet.com/scripts/callrep … erivatives

Glad my cash is in my brokerage account which shows no exposure.

Jan 04 16 10:25 am Link

Photographer

rxz

Posts: 1094

Glen Ellyn, Illinois, US

51 Imaging wrote:
buy

Not yet.

Jan 04 16 11:03 am Link

Photographer

Looknsee Photography

Posts: 26342

Portland, Oregon, US

For me the timing is good -- I only get paid once a year, and I expect that check any day now.  I note that two of the stocks I hold had a terrible day today:  Amazon & Netflix.  Since I expect them to recover, I just might put a little cash into those stocks in the next couple of days.  But that's just me.

I don't know why difficulties in China would impact either of those two stocks.

Jan 04 16 12:45 pm Link

Photographer

Michael Bots

Posts: 8020

Kingston, Ontario, Canada

Exports?
Revisions on those growth predictions?

Atlanta Fed Just Slashed Q4 GDP Forecast To Barely Positive 0.7%, Down 1.2% In Ten Days
http://www.zerohedge.com/news/2016-01-0 … 2-ten-days

"The forecast for the contribution of net exports to fourth-quarter real GDP growth fell 0.1 percentage points to -0.4 percentage points on December 29 after the U.S. Census Bureau's advance report on international trade in goods"


JPMorgan downgrades all but one emerging economy
https://www.rt.com/business/327876-jpmo … downgrade/


Dow industrials haven’t started the year this horribly in 84 years
http://www.marketwatch.com/story/dow-in … 2016-01-04


Here’s how the government miscalculated a decade’s worth of construction data
http://www.marketwatch.com/story/heres- … 2016-01-04
"A multi-billion dollar revision stretching back 10 years could boost GDP"

(renovate so that your kids can move back home or your parents can move in = growth)

Jan 04 16 01:11 pm Link

Photographer

SAND DIAL

Posts: 6688

Santa Monica, California, US

FlirtynFun Photography wrote:
yeah, unfortunately China's slow economy along with our sluggish economy and our current political climate don't add up to a lot of confidence in the market.

It is more CON than con fidence.

Jan 04 16 03:06 pm Link

Photographer

SAND DIAL

Posts: 6688

Santa Monica, California, US

FANG

Facebook
Amazon
Netflx
Google.

dats the story.

Jan 04 16 03:07 pm Link

Photographer

SAND DIAL

Posts: 6688

Santa Monica, California, US

Looknsee Photography wrote:
For me the timing is good -- I only get paid once a year, and I expect that check any day now.  I note that two of the stocks I hold had a terrible day today:  Amazon & Netflix.  Since I expect them to recover, I just might put a little cash into those stocks in the next couple of days.  But that's just me.

I don't know why difficulties in China would impact either of those two stocks.

Has Bezos inc ever made a dime?

Jan 04 16 03:08 pm Link