U.S. stocks in free fall

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z3r0c00l
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Re: U.S. stocks in free fall

Post by z3r0c00l »

Maybe this is the curse of Dow 36,000, sorry I made fun of the book when we first broke that level.
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HomerJ
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Re: U.S. stocks in free fall

Post by HomerJ »

peskypesky wrote: Thu Jan 20, 2022 4:16 pm
HomerJ wrote: Thu Jan 20, 2022 3:47 pm You gambled $120,000 for one day? If you can afford to gamble that much, you can already afford the yard projects. :)
You don't know how big his yard is.
Heh, good point. :beer
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TheoLeo
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Re: U.S. stocks in free fall

Post by TheoLeo »

The only thing that can save this market is a recession.
jarjarM
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Re: U.S. stocks in free fall

Post by jarjarM »

Triple digit golfer wrote: Thu Jan 20, 2022 4:30 pm
AlphaLess wrote: Thu Jan 20, 2022 3:46 pm
jarjarM wrote: Thu Jan 20, 2022 3:42 pm
AlphaLess wrote: Thu Jan 20, 2022 3:29 pm
jarjarM wrote: Thu Jan 20, 2022 3:16 pm

Darn, i just bought 2000 shares of TQQQ @ 12:58pm PST. That's going down the drain... :oops:
What price?
$61.59 per share.
I would say: that was extraordinary timing.
On a down day, you manage to buy almost near the day's low print ($61.50).

I bought some VITSX, but mutual funds print at the closing price.
If he bought at 12:58 PST, he bought at around $65 per share.
Actually, I just verified the transaction on Schwab, 3:58pm ET, $61.50 for 2,000 shares. The market is moving quite fast near the end so don't bet on google/yahoo finance giving out accurate to the minute data.
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FlatSix
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Re: U.S. stocks in free fall

Post by FlatSix »

newyorker wrote: Thu Jan 20, 2022 3:46 pm Capitalism is done
If you actually believe this, what are you going to do about it?
jarjarM
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Re: U.S. stocks in free fall

Post by jarjarM »

HomerJ wrote: Thu Jan 20, 2022 4:33 pm
peskypesky wrote: Thu Jan 20, 2022 4:16 pm
HomerJ wrote: Thu Jan 20, 2022 3:47 pm You gambled $120,000 for one day? If you can afford to gamble that much, you can already afford the yard projects. :)
You don't know how big his yard is.
Heh, good point. :beer
The yard is not big but the wife does complain about too much yard work. Need to fix up that basketball court so the kiddo can start to learn :twisted: :P
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peskypesky
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Re: U.S. stocks in free fall

Post by peskypesky »

TheoLeo wrote: Thu Jan 20, 2022 4:34 pm The only thing that can save this market is a recession.
Interesting.
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peskypesky
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Re: U.S. stocks in free fall

Post by peskypesky »

FlatSix wrote: Thu Jan 20, 2022 4:38 pm
newyorker wrote: Thu Jan 20, 2022 3:46 pm Capitalism is done
If you actually believe this, what are you going to do about it?
Invest in feudalism!
blueberrypi
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Re: U.S. stocks in free fall

Post by blueberrypi »

Is it time to crank up the 401k contributions like I did in March '20 and live cheap for a few months?
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Beensabu
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Re: U.S. stocks in free fall

Post by Beensabu »

TheoLeo wrote: Thu Jan 20, 2022 4:34 pm The only thing that can save this market is a recession.
We don't need no stinkin' recession. Those suck.

How about people keep their necessary jobs that they dislike to varying degrees and the stock market just gets cheaper for awhile?
"The only thing that makes life possible is permanent, intolerable uncertainty; not knowing what comes next." ~Ursula LeGuin
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canadianbacon
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Re: U.S. stocks in free fall

Post by canadianbacon »

peskypesky wrote: Thu Jan 20, 2022 4:42 pm
FlatSix wrote: Thu Jan 20, 2022 4:38 pm
newyorker wrote: Thu Jan 20, 2022 3:46 pm Capitalism is done
If you actually believe this, what are you going to do about it?
Invest in feudalism!
If only these guys had a ticker: https://www.medievalcollectibles.com/pr ... /halberds/
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Re: U.S. stocks in free fall

Post by drk »

jarjarM wrote: Thu Jan 20, 2022 4:37 pm Actually, I just verified the transaction on Schwab, 3:58pm ET, $61.50 for 2,000 shares. The market is moving quite fast near the end so don't bet on google/yahoo finance giving out accurate to the minute data.
Guessing it's a time-zone error because TDG's price would have been the case around 2:58 EST.
A useful razor: anyone asking about speculative strategies on Bogleheads.org has no business using them.
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Corsair
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Re: U.S. stocks in free fall

Post by Corsair »

Another Powell pivot incoming :beer
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Marseille07
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Re: U.S. stocks in free fall

Post by Marseille07 »

Corsair wrote: Thu Jan 20, 2022 4:46 pm Another Powell pivot incoming :beer
Tbh if the investors don't want stocks because the Fed Fund Rate might go from 0.25% to 1.00% when inflation is at 7%, they have no business investing in the first place.
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Corsair
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Re: U.S. stocks in free fall

Post by Corsair »

Marseille07 wrote: Thu Jan 20, 2022 4:49 pm
Corsair wrote: Thu Jan 20, 2022 4:46 pm Another Powell pivot incoming :beer
Tbh if the investors don't want stocks because the Fed Fund Rate might go from 0.25% to 1.00% when inflation is at 7%, they have no business investing in the first place.
I think QT vs QE is more important.
All posts are my own opinions and are not financial advice.
tvubpwcisla
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Re: U.S. stocks in free fall

Post by tvubpwcisla »

Is there any one contributor to the negative behavior of the market right now or simply a combination of many things?

:?:
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Re: U.S. stocks in free fall

Post by lostdog »

VTI is such a drag this month, should I drop it?
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Re: U.S. stocks in free fall

Post by Crushtheturtle »

lostdog wrote: Thu Jan 20, 2022 5:07 pm VTI is such a drag this month, should I drop it?
Go all in VXUS... it has to outperform someday!
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fanmail
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Re: U.S. stocks in free fall

Post by fanmail »

Triple digit golfer wrote: Thu Jan 20, 2022 4:28 pm
fanmail wrote: Thu Jan 20, 2022 3:30 pm
atdharris wrote: Thu Jan 20, 2022 3:29 pm Netflix down 18% now. Goodness
Rough. Now 40% off the ATH from October.
No, about 26%.
You must be looking at today’s close to get 26%. The after hours price is $100 lower.
skor99
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Re: U.S. stocks in free fall

Post by skor99 »

Jeremy Grantham Doubles Down on Crash Call, Says Selloff Has Started

https://www.bloomberg.com/news/articles ... as-started
z3r0c00l
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Re: U.S. stocks in free fall

Post by z3r0c00l »

fanmail wrote: Thu Jan 20, 2022 5:16 pm
Triple digit golfer wrote: Thu Jan 20, 2022 4:28 pm
fanmail wrote: Thu Jan 20, 2022 3:30 pm
atdharris wrote: Thu Jan 20, 2022 3:29 pm Netflix down 18% now. Goodness
Rough. Now 40% off the ATH from October.
No, about 26%.
You must be looking at today’s close to get 26%. The after hours price is $100 lower.
Back down to June 2018 levels, now its only up 33,500% from the IPO price.
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AlphaLess
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Re: U.S. stocks in free fall

Post by AlphaLess »

drk wrote: Thu Jan 20, 2022 4:45 pm
jarjarM wrote: Thu Jan 20, 2022 4:37 pm Actually, I just verified the transaction on Schwab, 3:58pm ET, $61.50 for 2,000 shares. The market is moving quite fast near the end so don't bet on google/yahoo finance giving out accurate to the minute data.
Guessing it's a time-zone error because TDG's price would have been the case around 2:58 EST.
That's what I thought: his transaction was just before close.
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Robot Monster
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Re: U.S. stocks in free fall

Post by Robot Monster »

z3r0c00l wrote: Thu Jan 20, 2022 5:18 pm
fanmail wrote: Thu Jan 20, 2022 5:16 pm
Triple digit golfer wrote: Thu Jan 20, 2022 4:28 pm
fanmail wrote: Thu Jan 20, 2022 3:30 pm
atdharris wrote: Thu Jan 20, 2022 3:29 pm Netflix down 18% now. Goodness
Rough. Now 40% off the ATH from October.
No, about 26%.
You must be looking at today’s close to get 26%. The after hours price is $100 lower.
Back down to June 2018 levels, now its only up 33,500% from the IPO price.
Doesn't help those poor, lost souls who took Jim Cramer's advise on January 3rd: "Netflix! BUY !"
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Re: U.S. stocks in free fall

Post by ChinchillaWhiplash »

Small caps took a big hit recently after trading sideways for most of the year. Think it is close to a 52 week low. Time to rebalance for those with a SC tilt.
Marseille07
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Re: U.S. stocks in free fall

Post by Marseille07 »

SPX futures already -0.5%...bloodbath continues.
Triple digit golfer
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Re: U.S. stocks in free fall

Post by Triple digit golfer »

AlphaLess wrote: Thu Jan 20, 2022 5:30 pm
drk wrote: Thu Jan 20, 2022 4:45 pm
jarjarM wrote: Thu Jan 20, 2022 4:37 pm Actually, I just verified the transaction on Schwab, 3:58pm ET, $61.50 for 2,000 shares. The market is moving quite fast near the end so don't bet on google/yahoo finance giving out accurate to the minute data.
Guessing it's a time-zone error because TDG's price would have been the case around 2:58 EST.
That's what I thought: his transaction was just before close.
My mistake. I'm in Central and was looking at 2:58 EST instead of CST.
Triple digit golfer
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Re: U.S. stocks in free fall

Post by Triple digit golfer »

fanmail wrote: Thu Jan 20, 2022 5:16 pm
Triple digit golfer wrote: Thu Jan 20, 2022 4:28 pm
fanmail wrote: Thu Jan 20, 2022 3:30 pm
atdharris wrote: Thu Jan 20, 2022 3:29 pm Netflix down 18% now. Goodness
Rough. Now 40% off the ATH from October.
No, about 26%.
You must be looking at today’s close to get 26%. The after hours price is $100 lower.
Do after hours prices "count?"
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jason2459
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Re: U.S. stocks in free fall

Post by jason2459 »

Triple digit golfer wrote: Thu Jan 20, 2022 5:42 pm
fanmail wrote: Thu Jan 20, 2022 5:16 pm
Triple digit golfer wrote: Thu Jan 20, 2022 4:28 pm
fanmail wrote: Thu Jan 20, 2022 3:30 pm
atdharris wrote: Thu Jan 20, 2022 3:29 pm Netflix down 18% now. Goodness
Rough. Now 40% off the ATH from October.
No, about 26%.
You must be looking at today’s close to get 26%. The after hours price is $100 lower.
Do after hours prices "count?"
Its certainly going to affect opening price. Why you often see a jump up or down in open vs previous close price.
"In the short run, the stock market is a voting machine; in the long run, it is a weighing machine" ~Benjamin Graham
am
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Re: U.S. stocks in free fall

Post by am »

Crushtheturtle wrote: Thu Jan 20, 2022 5:13 pm
lostdog wrote: Thu Jan 20, 2022 5:07 pm VTI is such a drag this month, should I drop it?
Go all in VXUS... it has to outperform someday!
Yes, 100% vxus threads will be starting soon if sell off continues. Foreign corporations get US exposure they will say.
000
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Re: U.S. stocks in free fall

Post by 000 »

am wrote: Thu Jan 20, 2022 5:48 pm
Crushtheturtle wrote: Thu Jan 20, 2022 5:13 pm
lostdog wrote: Thu Jan 20, 2022 5:07 pm VTI is such a drag this month, should I drop it?
Go all in VXUS... it has to outperform someday!
Yes, 100% vxus threads will be starting soon if sell off continues. Foreign corporations get US exposure they will say.
Simplicity they will say.
rockstar
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Re: U.S. stocks in free fall

Post by rockstar »

am wrote: Thu Jan 20, 2022 5:48 pm
Crushtheturtle wrote: Thu Jan 20, 2022 5:13 pm
lostdog wrote: Thu Jan 20, 2022 5:07 pm VTI is such a drag this month, should I drop it?
Go all in VXUS... it has to outperform someday!
Yes, 100% vxus threads will be starting soon if sell off continues. Foreign corporations get US exposure they will say.
GLD is doing better.

My QQQ hit its 200 day moving average at close. I'll give it a day or two to rebound before selling off that position. This year is ugly.
fanmail
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Re: U.S. stocks in free fall

Post by fanmail »

Triple digit golfer wrote: Thu Jan 20, 2022 5:42 pm
fanmail wrote: Thu Jan 20, 2022 5:16 pm
Triple digit golfer wrote: Thu Jan 20, 2022 4:28 pm
fanmail wrote: Thu Jan 20, 2022 3:30 pm
atdharris wrote: Thu Jan 20, 2022 3:29 pm Netflix down 18% now. Goodness
Rough. Now 40% off the ATH from October.
No, about 26%.
You must be looking at today’s close to get 26%. The after hours price is $100 lower.
Do after hours prices "count?"
It reflects the earnings call info that the close price of 508 doesn’t, so yes I would say that those most definitely count.
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Re: U.S. stocks in free fall

Post by z3r0c00l »

rockstar wrote: Thu Jan 20, 2022 5:55 pm
GLD is doing better.
GLD is where it was in August 2011, not including dividends : )
Last edited by z3r0c00l on Thu Jan 20, 2022 5:58 pm, edited 1 time in total.
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Crushtheturtle
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Re: U.S. stocks in free fall

Post by Crushtheturtle »

According to Jim Cramer's Proprietary S&P Oscillator (tm), the market may be approaching a bottom.


Trade accordingly.
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Re: U.S. stocks in free fall

Post by rockstar »

z3r0c00l wrote: Thu Jan 20, 2022 5:57 pm
rockstar wrote: Thu Jan 20, 2022 5:55 pm
GLD is doing better.
GLD is where it was in August 2011, not including dividends : )
Missed the drop. It's pretty flat.

If I end up selling, I'm buying 3 month t-bills. Hopefully, we bounce from here.
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Re: U.S. stocks in free fall

Post by fanmail »

fanmail wrote: Thu Jan 20, 2022 5:57 pm
Triple digit golfer wrote: Thu Jan 20, 2022 5:42 pm
fanmail wrote: Thu Jan 20, 2022 5:16 pm
Triple digit golfer wrote: Thu Jan 20, 2022 4:28 pm
fanmail wrote: Thu Jan 20, 2022 3:30 pm

Rough. Now 40% off the ATH from October.
No, about 26%.
You must be looking at today’s close to get 26%. The after hours price is $100 lower.
Do after hours prices "count?"
It reflects the earnings call info that the close price of 508 doesn’t, so yes I would say that those most definitely count.
Said another way, if you want to trade NFLX right now, the price is approximately $407 and is available to a wide range of investors to buy and sell.
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AnnetteLouisan
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Re: U.S. stocks in free fall

Post by AnnetteLouisan »

Looking at the 5 year and max charts for total market puts it in perspective.
jarjarM
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Re: U.S. stocks in free fall

Post by jarjarM »

am wrote: Thu Jan 20, 2022 5:48 pm
Crushtheturtle wrote: Thu Jan 20, 2022 5:13 pm
lostdog wrote: Thu Jan 20, 2022 5:07 pm VTI is such a drag this month, should I drop it?
Go all in VXUS... it has to outperform someday!
Yes, 100% vxus threads will be starting soon if sell off continues. Foreign corporations get US exposure they will say.
Can't wait for those threads to start popping up. The international vs US threads are getting stale recently :twisted:
sailaway
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Re: U.S. stocks in free fall

Post by sailaway »

AnnetteLouisan wrote: Thu Jan 20, 2022 6:06 pm Looking at the 5 year and max charts for total market puts it in perspective.
At this point, even the 1yr chart gives a lot of perspective.
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Re: U.S. stocks in free fall

Post by gonefishing01 »

jarjarM wrote: Thu Jan 20, 2022 6:07 pm
am wrote: Thu Jan 20, 2022 5:48 pm
Crushtheturtle wrote: Thu Jan 20, 2022 5:13 pm
lostdog wrote: Thu Jan 20, 2022 5:07 pm VTI is such a drag this month, should I drop it?
Go all in VXUS... it has to outperform someday!
Yes, 100% vxus threads will be starting soon if sell off continues. Foreign corporations get US exposure they will say.
Can't wait for those threads to start popping up. The international vs US threads are getting stale recently :twisted:
Waiting for “Why not 100% Bonds?” thread :twisted:
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peskypesky
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Re: U.S. stocks in free fall

Post by peskypesky »

Crushtheturtle wrote: Thu Jan 20, 2022 5:13 pm
lostdog wrote: Thu Jan 20, 2022 5:07 pm VTI is such a drag this month, should I drop it?
Go all in VXUS... it has to outperform someday!
Isn't that the Gambler's Fallacy?
Marseille07
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Re: U.S. stocks in free fall

Post by Marseille07 »

peskypesky wrote: Thu Jan 20, 2022 6:10 pm
Crushtheturtle wrote: Thu Jan 20, 2022 5:13 pm
lostdog wrote: Thu Jan 20, 2022 5:07 pm VTI is such a drag this month, should I drop it?
Go all in VXUS... it has to outperform someday!
Isn't that the Gambler's Fallacy?
It is.
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peskypesky
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Re: U.S. stocks in free fall

Post by peskypesky »

Robot Monster wrote: Thu Jan 20, 2022 5:35 pm Doesn't help those poor, lost souls who took Jim Cramer's advise on January 3rd: "Netflix! BUY !"
Twitter link
The surest way to get rich investing is to do the exact opposite of what Jim Cramer says.
And you can probably add Cathie Wood to that.
jarjarM
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Re: U.S. stocks in free fall

Post by jarjarM »

gonefishing01 wrote: Thu Jan 20, 2022 6:10 pm
jarjarM wrote: Thu Jan 20, 2022 6:07 pm
am wrote: Thu Jan 20, 2022 5:48 pm
Crushtheturtle wrote: Thu Jan 20, 2022 5:13 pm
lostdog wrote: Thu Jan 20, 2022 5:07 pm VTI is such a drag this month, should I drop it?
Go all in VXUS... it has to outperform someday!
Yes, 100% vxus threads will be starting soon if sell off continues. Foreign corporations get US exposure they will say.
Can't wait for those threads to start popping up. The international vs US threads are getting stale recently :twisted:
Waiting for “Why not 100% Bonds?” thread :twisted:
Oh.... pig will rain when that happens....
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Crushtheturtle
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Re: U.S. stocks in free fall

Post by Crushtheturtle »

peskypesky wrote: Thu Jan 20, 2022 6:10 pm
Crushtheturtle wrote: Thu Jan 20, 2022 5:13 pm
lostdog wrote: Thu Jan 20, 2022 5:07 pm VTI is such a drag this month, should I drop it?
Go all in VXUS... it has to outperform someday!
Isn't that the Gambler's Fallacy?
I don't think it's false, I heard it on the Internet.

And how did you find out that I was a gambler? :wink:
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HomerJ
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Re: U.S. stocks in free fall

Post by HomerJ »

rockstar wrote: Thu Jan 20, 2022 5:55 pm
am wrote: Thu Jan 20, 2022 5:48 pm
Crushtheturtle wrote: Thu Jan 20, 2022 5:13 pm
lostdog wrote: Thu Jan 20, 2022 5:07 pm VTI is such a drag this month, should I drop it?
Go all in VXUS... it has to outperform someday!
Yes, 100% vxus threads will be starting soon if sell off continues. Foreign corporations get US exposure they will say.
GLD is doing better.

My QQQ hit its 200 day moving average at close. I'll give it a day or two to rebound before selling off that position. This year is ugly.
Dangerous... Everyone else who is faithfully following the 200 day moving average rule instead of waiting a day or two will sell, and probably move it downwards.

The trick is to sell BEFORE it hits 200 day moving average... Oh wait, but everyone else knows that too... :oops:

Maybe that is what is causing the drop!
"The best tools available to us are shovels, not scalpels. Don't get carried away." - vanBogle59
jarjarM
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Re: U.S. stocks in free fall

Post by jarjarM »

HomerJ wrote: Thu Jan 20, 2022 6:21 pm
rockstar wrote: Thu Jan 20, 2022 5:55 pm GLD is doing better.

My QQQ hit its 200 day moving average at close. I'll give it a day or two to rebound before selling off that position. This year is ugly.
Dangerous... Everyone else who is faithfully following the 200 day moving average rule will sell, and probably move it downwards.

The trick is to sell BEFORE it hits 200 day moving average... Oh wait, but everyone else knows that too... :oops:
That's why we need to fine tune it to 158 day moving average :twisted:
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peskypesky
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Re: U.S. stocks in free fall

Post by peskypesky »

I remember someone saying a day or so that everything is priced into the market. Lol.
Guess no one told the market.
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Re: U.S. stocks in free fall

Post by Marseille07 »

jarjarM wrote: Thu Jan 20, 2022 6:23 pm
HomerJ wrote: Thu Jan 20, 2022 6:21 pm
rockstar wrote: Thu Jan 20, 2022 5:55 pm GLD is doing better.

My QQQ hit its 200 day moving average at close. I'll give it a day or two to rebound before selling off that position. This year is ugly.
Dangerous... Everyone else who is faithfully following the 200 day moving average rule will sell, and probably move it downwards.

The trick is to sell BEFORE it hits 200 day moving average... Oh wait, but everyone else knows that too... :oops:
That's why we need to fine tune it to 158 day moving average :twisted:
200D MA itself is fine, though I agree it can cause issues if you wait around. The whole point is to sell at-signal without delay.
gonefishing01
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Re: U.S. stocks in free fall

Post by gonefishing01 »

HomerJ wrote: Thu Jan 20, 2022 6:21 pm
rockstar wrote: Thu Jan 20, 2022 5:55 pm
am wrote: Thu Jan 20, 2022 5:48 pm
Crushtheturtle wrote: Thu Jan 20, 2022 5:13 pm
lostdog wrote: Thu Jan 20, 2022 5:07 pm VTI is such a drag this month, should I drop it?
Go all in VXUS... it has to outperform someday!
Yes, 100% vxus threads will be starting soon if sell off continues. Foreign corporations get US exposure they will say.
GLD is doing better.

My QQQ hit its 200 day moving average at close. I'll give it a day or two to rebound before selling off that position. This year is ugly.
Dangerous... Everyone else who is faithfully following the 200 day moving average rule instead of waiting a day or two will sell, and probably move it downwards.

The trick is to sell BEFORE it hits 200 day moving average... Oh wait, but everyone else knows that too... :oops:

Maybe that is what is causing the drop!
The old Princess Bride Battle of Wits! :D

(that scene still cracks me up and is worth a YouTube search for those who have not seen the film)
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