U.S. stocks in free fall

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mtmingus
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Re: U.S. stocks in free fall

Post by mtmingus »

Stinky wrote: Fri Jun 18, 2021 2:25 pm
mtmingus wrote: Fri Jun 18, 2021 2:22 pm Backing up my backpack...
Don’t fill it with rocks. You might tip over backwards. :twisted:

Rather, fill it with light, airy stocks that are certain to rise when equities resume their normal “soaring”.
light and airy?
Don't know what they are but have only ITOT.
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jason2459
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Re: U.S. stocks in free fall

Post by jason2459 »

Missed yesterday but buying today. RBW between yesterday and today. SCV in particular.
"In the short run, the stock market is a voting machine; in the long run, it is a weighing machine" ~Benjamin Graham
ImUrHuckleberry
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Re: U.S. stocks in free fall

Post by ImUrHuckleberry »

KineticSync wrote: Fri Jun 18, 2021 10:56 am My megacorp 401k deposit happens every other Monday. Just once, just one time, I'd like to see some of this jawboning happen on a Monday so I have a fair shot at a dip.
Mine go in today. First time I've caught a dip on contribution day in quite a while. :sharebeer
nigel_ht
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Re: U.S. stocks in free fall

Post by nigel_ht »

Robot Monster wrote: Fri Jun 18, 2021 10:14 am
newyorker wrote: Fri Jun 18, 2021 10:05 am Anyone know what caused market drop today?
Maybe it doesn't matter? See:
💎🙌
link
FTFY. This thread is for fun and wild conjecture. Replying with the long winded BH equivalent of 💎🙌 is being far too serious.

The very fact that we are even IN this thread (or the soaring one) has more deliberate irony than a battleship. Real bogleheads aren't even watching the forum, much less the market.

"The market dropped last year? Huh...I wasn't paying attention...I was trying to find toilet paper. Seemed more than fine when I rebalanced in January..."
nigel_ht
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Re: U.S. stocks in free fall

Post by nigel_ht »

ksualum wrote: Fri Jun 18, 2021 12:37 pm well, this still does beat the daily 5% drops we had at the beginning of the pandemic . . . . It could be worse
If we don't trigger a circuit breaker is it really a RBD anymore? Those days were both awesome and scary like a good roller coaster should be.

Unfortunately, my fear is that the fed is out of rabbits to pull out of their hats if things actually go pear shaped this year.
Hoongajji
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Re: U.S. stocks in free fall

Post by Hoongajji »

Mount St.Helens is venting.

Get your cameras ready.

Stay safe.
Robot Monster
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Re: U.S. stocks in free fall

Post by Robot Monster »

nigel_ht wrote: Fri Jun 18, 2021 3:22 pm
Robot Monster wrote: Fri Jun 18, 2021 10:14 am
newyorker wrote: Fri Jun 18, 2021 10:05 am Anyone know what caused market drop today?
Maybe it doesn't matter? See:
💎🙌
link
FTFY. This thread is for fun and wild conjecture. Replying with the long winded BH equivalent of 💎🙌 is being far too serious.
Being far too serious in a thread meant for fun and wild conjecture is my way of having fun. But seriously, I do sense nervousness coming from newyorker, and I wanted to calm their fears.

I never heard of diamond hands before. I like it.

Anyone take a gander at the scare headlines on Bloomberg?

"Fed Shocks Stocks With Blow to Dreams of Value Investor Nirvana"
"Michael Burry Warns Retail Traders About the ‘Mother of All Crashes’"
"Mark Cuban’s Loss and a Possible Death Cross: The Week in [censored]"
ImUrHuckleberry
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Re: U.S. stocks in free fall

Post by ImUrHuckleberry »

I've already seen a couple of articles with tech analysis guys patting themselves on the back for having predicted this "crash".
Independent George
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Re: U.S. stocks in free fall

Post by Independent George »

Wooo! I love it when it's down 1% on payday.
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Bluce
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Re: U.S. stocks in free fall

Post by Bluce »

ImUrHuckleberry wrote: Fri Jun 18, 2021 5:46 pm I've already seen a couple of articles with tech analysis guys patting themselves on the back for having predicted this "crash".
The "Stopped Clock Syndrome" never goes out of fashion. ;)
"There are no new ideas, only forgotten ones." -- Amity Shlaes
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Stinky
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Re: U.S. stocks in free fall

Post by Stinky »

Bluce wrote: Fri Jun 18, 2021 6:25 pm
ImUrHuckleberry wrote: Fri Jun 18, 2021 5:46 pm I've already seen a couple of articles with tech analysis guys patting themselves on the back for having predicted this "crash".
The "Stopped Clock Syndrome" never goes out of fashion. ;)
Bluce! Welcome back!

Haven’t seen you post here in a while. Good to see you again.
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Bluce
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Re: U.S. stocks in free fall

Post by Bluce »

Stinky wrote: Fri Jun 18, 2021 6:36 pm
Bluce wrote: Fri Jun 18, 2021 6:25 pm
ImUrHuckleberry wrote: Fri Jun 18, 2021 5:46 pm I've already seen a couple of articles with tech analysis guys patting themselves on the back for having predicted this "crash".
The "Stopped Clock Syndrome" never goes out of fashion. ;)
Bluce! Welcome back!

Haven’t seen you post here in a while. Good to see you again.
Hey thanks bud! I hope all is well with you. I've been in and out of here a bit lately, but I guess we didn't cross paths til now.

I am now an unhappy retiree. Ridiculous arthritis in my hands, had to fold my business up. :oops:
"There are no new ideas, only forgotten ones." -- Amity Shlaes
rockstar
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Re: U.S. stocks in free fall

Post by rockstar »

Today sucked. Just saying.
CurlyDave
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Re: U.S. stocks in free fall

Post by CurlyDave »

rockstar wrote: Fri Jun 18, 2021 7:15 pm Today sucked. Just saying.
You are right. The Curly Family Portfolio was set back all the way to where it was on Wednesday morning. A really horrible day.
Answering a question is easy -- asking the right question is the hard part.
rockstar
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Re: U.S. stocks in free fall

Post by rockstar »

CurlyDave wrote: Fri Jun 18, 2021 7:35 pm
rockstar wrote: Fri Jun 18, 2021 7:15 pm Today sucked. Just saying.
You are right. The Curly Family Portfolio was set back all the way to where it was on Wednesday morning. A really horrible day.
Don't jinx it.
lostdog
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Re: U.S. stocks in free fall

Post by lostdog »

Asia is in the red big time. US pre-market is red.

Here we go again. Hang on!
Stocks-80% || Bonds-20% || Taxable-VTI/VXUS || IRA-VT/BNDW
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Stinky
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Re: U.S. stocks in free fall

Post by Stinky »

lostdog wrote: Sun Jun 20, 2021 9:21 pm Asia is in the red big time. US pre-market is red.

Here we go again. Hang on!
Wake me up when we’re 10% off all time highs.

Until then, it’s just a bunch of background noise.
Retired life insurance company financial executive who sincerely believes that ”It’s a GREAT day to be alive!”
Marseille07
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Re: U.S. stocks in free fall

Post by Marseille07 »

lostdog wrote: Sun Jun 20, 2021 9:21 pm Asia is in the red big time. US pre-market is red.

Here we go again. Hang on!
Not sure why Asia's so red. Headlines say they're concerned about US hiking earlier. I mean, really? Why are they worried about that now I ask.
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Beensabu
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Re: U.S. stocks in free fall

Post by Beensabu »

Marseille07 wrote: Sun Jun 20, 2021 9:38 pm
lostdog wrote: Sun Jun 20, 2021 9:21 pm Asia is in the red big time. US pre-market is red.

Here we go again. Hang on!
Not sure why Asia's so red. Headlines say they're concerned about US hiking earlier. I mean, really? Why are they worried about that now I ask.
When somebody says something, and then later they say something else, and the old something is no longer true, how does that make you feel? Confident in that person? Or wary? And how long does it take you to decide how you feel?
"The only thing that makes life possible is permanent, intolerable uncertainty; not knowing what comes next." ~Ursula LeGuin
Marseille07
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Re: U.S. stocks in free fall

Post by Marseille07 »

Beensabu wrote: Sun Jun 20, 2021 9:56 pm
Marseille07 wrote: Sun Jun 20, 2021 9:38 pm
lostdog wrote: Sun Jun 20, 2021 9:21 pm Asia is in the red big time. US pre-market is red.

Here we go again. Hang on!
Not sure why Asia's so red. Headlines say they're concerned about US hiking earlier. I mean, really? Why are they worried about that now I ask.
When somebody says something, and then later they say something else, and the old something is no longer true, how does that make you feel? Confident in that person? Or wary? And how long does it take you to decide how you feel?
Well, finance sites always bring the most plausible narratives they can find. Realistically Asia selling off because we sold off -1.33% on Friday, not much more to it imo.
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Beensabu
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Re: U.S. stocks in free fall

Post by Beensabu »

Marseille07 wrote: Sun Jun 20, 2021 10:00 pm
Beensabu wrote: Sun Jun 20, 2021 9:56 pm
Marseille07 wrote: Sun Jun 20, 2021 9:38 pm
lostdog wrote: Sun Jun 20, 2021 9:21 pm Asia is in the red big time. US pre-market is red.

Here we go again. Hang on!
Not sure why Asia's so red. Headlines say they're concerned about US hiking earlier. I mean, really? Why are they worried about that now I ask.
When somebody says something, and then later they say something else, and the old something is no longer true, how does that make you feel? Confident in that person? Or wary? And how long does it take you to decide how you feel?
Well, finance sites always bring the most plausible narratives they can find. Realistically Asia selling off because we sold off -1.33% on Friday, not much more to it imo.
So you are sure? And you say domino effect? Interesting.
"The only thing that makes life possible is permanent, intolerable uncertainty; not knowing what comes next." ~Ursula LeGuin
Marseille07
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Re: U.S. stocks in free fall

Post by Marseille07 »

Beensabu wrote: Sun Jun 20, 2021 10:07 pm So you are sure? And you say domino effect? Interesting.
At this hour, I think so. Now, Europe / US might not follow suit. Obviously the domino effect has to stop somewhere.
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arthurdawg
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Re: U.S. stocks in free fall

Post by arthurdawg »

I saw this thread pop up and yawned... then I realized I had posted on it around 2011!

Hah!

Hold the course...
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Bluce
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Re: U.S. stocks in free fall

Post by Bluce »

arthurdawg wrote: Sun Jun 20, 2021 10:16 pm I saw this thread pop up and yawned... then I realized I had posted on it around 2011!

Hah!

Hold the course...
I already sold everything and bought gold, water, beef jerky, and ammo.

Did I jump too quick? :confused
"There are no new ideas, only forgotten ones." -- Amity Shlaes
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Beensabu
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Re: U.S. stocks in free fall

Post by Beensabu »

Marseille07 wrote: Sun Jun 20, 2021 10:14 pm
Beensabu wrote: Sun Jun 20, 2021 10:07 pm So you are sure? And you say domino effect? Interesting.
At this hour, I think so. Now, Europe / US might not follow suit. Obviously the domino effect has to stop somewhere.
Well. The US started it according to your theory, so it's the first domino. There could be a last domino or a middle domino that is also the US. It could be a zig zag pattern. Ooooh... or one of those where a ball gets pushed by one set and rolls and drops down and starts a whole different set going... Or three balls! Or five! Or like that crazy video in that rich kid's "backyard" where a basketball eventually ended up going through a hoop. That was cool. That was an excellent use of that backyard.
"The only thing that makes life possible is permanent, intolerable uncertainty; not knowing what comes next." ~Ursula LeGuin
elderwise
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Re: U.S. stocks in free fall

Post by elderwise »

Is it time for some gold, and commodity play? CLF , MT anyone?

Do metals (steel, copper) always do good when markets take a shter or inflation rises?
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Beensabu
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Re: U.S. stocks in free fall

Post by Beensabu »

elderwise wrote: Sun Jun 20, 2021 10:30 pm Is it time for some gold, and commodity play? CLF , MT anyone?

Do metals (steel, copper) always do good when markets take a shter or inflation rises?
No.
"The only thing that makes life possible is permanent, intolerable uncertainty; not knowing what comes next." ~Ursula LeGuin
anoop
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Re: U.S. stocks in free fall

Post by anoop »

Bluce wrote: Sun Jun 20, 2021 10:24 pm
arthurdawg wrote: Sun Jun 20, 2021 10:16 pm I saw this thread pop up and yawned... then I realized I had posted on it around 2011!

Hah!

Hold the course...
I already sold everything and bought gold, water, beef jerky, and ammo.

Did I jump too quick? :confused
When did you sell? Very hard to buy physical right now.
Marseille07
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Re: U.S. stocks in free fall

Post by Marseille07 »

10Y crashing to 1.37%...bonds are really popular for some reason, even though the Fed signaled hikes :confused
TropikThunder
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Re: U.S. stocks in free fall

Post by TropikThunder »

Marseille07 wrote: Sun Jun 20, 2021 11:50 pm 10Y crashing to 1.37%...bonds are really popular for some reason, even though the Fed signaled hikes :confused
In 2023!!!! Good lord
anoop
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Re: U.S. stocks in free fall

Post by anoop »

Marseille07 wrote: Sun Jun 20, 2021 11:50 pm 10Y crashing to 1.37%...bonds are really popular for some reason, even though the Fed signaled hikes :confused
The hikes would affect the short end. All the long bond is saying is if they raise rates (a flattening/inversion of the curve will happen), market will crater and they will be forced to lower rates and do even more QE.

The fed is in an interesting place -- they either accommodate and people will quit their jobs and live off investments creating inflationary pressures (companies not able to hire), or they tank the market and we even more unemployment and joblessness/homelessness.

I think they will choose the former.
anoop
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Re: U.S. stocks in free fall

Post by anoop »

There's also some interesting stuff happening in the repo market. It's the same stuff that led them to do "not QE" and lower rates in 2019.
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arthurdawg
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Re: U.S. stocks in free fall

Post by arthurdawg »

anoop wrote: Sun Jun 20, 2021 10:47 pm
Bluce wrote: Sun Jun 20, 2021 10:24 pm
arthurdawg wrote: Sun Jun 20, 2021 10:16 pm I saw this thread pop up and yawned... then I realized I had posted on it around 2011!

Hah!

Hold the course...
I already sold everything and bought gold, water, beef jerky, and ammo.

Did I jump too quick? :confused
When did you sell? Very hard to buy physical right now.

I suggest trunks full of confederate dollars buried in the backyard. And a good multivitamin to combine with the jerky!

:sharebeer
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Bluce
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Re: U.S. stocks in free fall

Post by Bluce »

arthurdawg wrote: Wed Jun 23, 2021 7:01 am
anoop wrote: Sun Jun 20, 2021 10:47 pm
Bluce wrote: Sun Jun 20, 2021 10:24 pm
arthurdawg wrote: Sun Jun 20, 2021 10:16 pm I saw this thread pop up and yawned... then I realized I had posted on it around 2011!

Hah!

Hold the course...
I already sold everything and bought gold, water, beef jerky, and ammo.

Did I jump too quick? :confused
When did you sell? Very hard to buy physical right now.

I suggest trunks full of confederate dollars buried in the backyard. And a good multivitamin to combine with the jerky!

:sharebeer
I sold all the gold, water, beef jerky, and ammo Sunday night. Went back into stocks first thing Monday morning. So I'm okay for now. :moneybag
"There are no new ideas, only forgotten ones." -- Amity Shlaes
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Stinky
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Re: U.S. stocks in free fall

Post by Stinky »

My goodness, it’s been two weeks since anyone posted to this thread! It had fallen off the first sixteen pages of “active topics”, and I had to search for it under the dead leaves in the middle of the forest.

Today’s action certain seems like at least a controlled descent, if not a free fall. S&P has been grinding lower all morning.
Retired life insurance company financial executive who sincerely believes that ”It’s a GREAT day to be alive!”
nigel_ht
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Re: U.S. stocks in free fall

Post by nigel_ht »

I think the soaring thread is claiming “underwater soaring” as soaring.

It’s not a free fall…just a climb in the downward direction.

If you do it right you skip off the atmosphere and soar into outer space!
Tamalak
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Re: U.S. stocks in free fall

Post by Tamalak »

I'm not falling, I'm flying down!
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Doom&Gloom
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Re: U.S. stocks in free fall

Post by Doom&Gloom »

Tamalak wrote: Wed Jul 07, 2021 8:18 am I'm not falling, I'm flying down!
I'm always climbing, but sometimes I'm inverted.
retiringwhen
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Re: U.S. stocks in free fall

Post by retiringwhen »

nigel_ht wrote: Tue Jul 06, 2021 5:37 pm It’s not a free fall…just a climb in the downward direction.
As Arthur Dent learned:
https://hitchhikers.fandom.com/wiki/Flying wrote:There is an art to flying, or rather a knack. The knack lies in learning how to throw yourself at the ground and miss. ... Clearly, it is this second part, the missing, that presents the difficulties.
Sigz
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Re: U.S. stocks in free fall

Post by Sigz »

Hang on! Will be a nice little drop today!
atdharris
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Re: U.S. stocks in free fall

Post by atdharris »

I thought a bad economy was good news for stocks? I don't understand...
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firebirdparts
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Re: U.S. stocks in free fall

Post by firebirdparts »

Yikes! Seems like everybody got pessimistic during the night.
This time is the same
atdharris
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Re: U.S. stocks in free fall

Post by atdharris »

firebirdparts wrote: Thu Jul 08, 2021 7:23 am Yikes! Seems like everybody got pessimistic during the night.
All because Japan declared a state of emergency over the Olympics.
Keenobserver
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Re: U.S. stocks in free fall

Post by Keenobserver »

Looks like this will.be out hangout spot atleast for today if not rest of week
Ramjet
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Re: U.S. stocks in free fall

Post by Ramjet »

atdharris wrote: Thu Jul 08, 2021 7:42 am
firebirdparts wrote: Thu Jul 08, 2021 7:23 am Yikes! Seems like everybody got pessimistic during the night.
All because Japan declared a state of emergency over the Olympics.
Not surprising at all, for whatever reason I don't think Japan has distributed a vaccine to much of the population yet
csan
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Re: U.S. stocks in free fall

Post by csan »

I forget that the more you have saved(invested) the uglier a 1% drop is
Whakamole
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Re: U.S. stocks in free fall

Post by Whakamole »

csan wrote: Thu Jul 08, 2021 8:24 am I forget that the more you have saved(invested) the uglier a 1% drop is
And a 2% drop is twice as ugly, in total dollars.

At least my portfolio is drifting back towards the target bond allocation...
atdharris
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Re: U.S. stocks in free fall

Post by atdharris »

ex-US leading the way down, of course.
Triple digit golfer
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Re: U.S. stocks in free fall

Post by Triple digit golfer »

My bond funds are doing quite well this week.
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Re: U.S. stocks in free fall

Post by UpperNwGuy »

atdharris wrote: Thu Jul 08, 2021 8:53 am ex-US leading the way down, of course.
That's diversification for you!
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