U.S. stocks in free fall

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stocknoob4111
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Re: U.S. stocks in free fall

Post by stocknoob4111 »

The markets went up because they probably thought that Powell will ease, now even with knowledge of the variant he wants to continue tapering as planned. I think Powell is getting spooked by inflation.
bugleheadd
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Re: U.S. stocks in free fall

Post by bugleheadd »

time to sell off everything?
newyorker
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Re: U.S. stocks in free fall

Post by newyorker »

Bloodbath
livesoft
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Re: U.S. stocks in free fall

Post by livesoft »

Not even an RBD yet, but there is still time.
And there we go: AVUV is in RBD territory and selling even below the Oct 27 RBD price.
Last edited by livesoft on Tue Nov 30, 2021 10:43 am, edited 1 time in total.
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Hyperchicken
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Re: U.S. stocks in free fall

Post by Hyperchicken »

At this rate, my 3-digit % gains on lots bought in March 2020 risk to turn into 2-digit gains.
stocknoob4111
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Re: U.S. stocks in free fall

Post by stocknoob4111 »

I welcome the correction, for me a deep correction now is better than when I retire in a few years and experience sequence risk, I'd rather take my pain now when I am contributing...
marcopolo
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Re: U.S. stocks in free fall

Post by marcopolo »

peskypesky wrote: Tue Nov 30, 2021 12:19 am
Marseille07 wrote: Mon Nov 29, 2021 11:55 pm Look out! Nikkei -1.34% and SPX futures -1%.
yep. just saw that. bummer. :(
I thought you liquidated everything?
You didn't know this was coming? :confused
Once in a while you get shown the light, in the strangest of places if you look at it right.
carminered2019
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Re: U.S. stocks in free fall

Post by carminered2019 »

I have seen this movie before !!!
Visitor76
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Re: U.S. stocks in free fall

Post by Visitor76 »

carminered2019 wrote: Tue Nov 30, 2021 11:03 am I have seen this movie before !!!
Yes, February of 2020. Stay the course people and don't forget to DCA!
Wealth is not about having a lot of money; it's about having a lot of options.
lostdog
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Re: U.S. stocks in free fall

Post by lostdog »

Visitor76 wrote: Tue Nov 30, 2021 11:09 am
carminered2019 wrote: Tue Nov 30, 2021 11:03 am I have seen this movie before !!!
Yes, February of 2020. Stay the course people and don't forget to DCA!
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atdharris
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Re: U.S. stocks in free fall

Post by atdharris »

I think this is less about Covid and more about inflation/tapering
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peskypesky
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Re: U.S. stocks in free fall

Post by peskypesky »

marcopolo wrote: Tue Nov 30, 2021 11:00 am
peskypesky wrote: Tue Nov 30, 2021 12:19 am
Marseille07 wrote: Mon Nov 29, 2021 11:55 pm Look out! Nikkei -1.34% and SPX futures -1%.
yep. just saw that. bummer. :(
I thought you liquidated everything?
You didn't know this was coming? :confused
I can't remember what I did! :shock:
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peskypesky
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Re: U.S. stocks in free fall

Post by peskypesky »

Hyperchicken
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Re: U.S. stocks in free fall

Post by Hyperchicken »

If the market is scared of high inflation, then why are long term treasuries up 1.5%?
mtmingus
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Re: U.S. stocks in free fall

Post by mtmingus »

Inflation rhetoric: transitory-> persistent.
What’s next and actual, prolonged?
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LadyGeek
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Re: U.S. stocks in free fall

Post by LadyGeek »

I removed an off-topic post discussing the coronavirus. As a reminder, see: Please read before posting on coronavirus/COVID-19
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JoeRetire
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Re: U.S. stocks in free fall

Post by JoeRetire »

stocknoob4111 wrote: Tue Nov 30, 2021 10:27 am The markets went up because they probably thought that Powell will ease, now even with knowledge of the variant he wants to continue tapering as planned. I think Powell is getting spooked by inflation.
I love a good explanation regarding why the market is going up or down on any particular day.
I love it even more when it provides insight into what someone is thinking.

I would love it best when this insight could be applied to tomorrow's market instead - now that would be actionable!
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Angst
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Re: U.S. stocks in free fall

Post by Angst »

My assumption is that it's about Omicron, not inflation.
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AnnetteLouisan
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Re: U.S. stocks in free fall

Post by AnnetteLouisan »

I’m not doing anything different. I have a price target for when to buy more FSKAX (115-119) en route to my goal AA but am under no pressure and in no rush. Roth and taxable are teed up and funded, meantime DCA in my 401k. Will buy more I bonds in January and June, the latter to see if they bump the fixed rate.

Doing a lot of thinking about the medical and pharmaceutical fields. Getting a bird’s eye view the other day was really interesting. Overall I was very impressed. stay healthy everyone. Don’t let the markets get to you.
Last edited by AnnetteLouisan on Tue Nov 30, 2021 11:55 am, edited 1 time in total.
rascott
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Re: U.S. stocks in free fall

Post by rascott »

Hyperchicken wrote: Tue Nov 30, 2021 11:18 am If the market is scared of high inflation, then why are long term treasuries up 1.5%?
Market is spooked by the new variant, not inflation.
Kookaburra
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Re: U.S. stocks in free fall

Post by Kookaburra »

If Powell is worried about inflation and the markets are worried about omicron, this could get ugly pretty quick. Their might not be as much political capital left for the fiscal stimulus that saved us last time.
Engaging in sloth
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Re: U.S. stocks in free fall

Post by Engaging in sloth »

What is so amazing about the economists is how incredibly wrong most are time and time again...yet these same folks keep getting asked their opinions....no matter erroneous the opinions
Triple digit golfer
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Re: U.S. stocks in free fall

Post by Triple digit golfer »

Engaging in sloth wrote: Tue Nov 30, 2021 11:59 am What is so amazing about the economists is how incredibly wrong most are time and time again...yet these same folks keep getting asked their opinions....no matter erroneous the opinions
It really is incredible, isn't it?
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MortgageOnBlack
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Re: U.S. stocks in free fall

Post by MortgageOnBlack »

So... how long until Dow 36,000?
mikejuss
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Re: U.S. stocks in free fall

Post by mikejuss »

JoeRetire wrote: Tue Nov 30, 2021 11:29 am
stocknoob4111 wrote: Tue Nov 30, 2021 10:27 am The markets went up because they probably thought that Powell will ease, now even with knowledge of the variant he wants to continue tapering as planned. I think Powell is getting spooked by inflation.
I love a good explanation regarding why the market is going up or down on any particular day.
I love it even more when it provides insight into what someone is thinking.

I would love it best when this insight could be applied to tomorrow's market instead - now that would be actionable!
Has anyone looked into how daily weather patterns may affect stock prices? Does the sun predispose people to buy or sell? Seems like as good an explanation as any other.
50% VTSAX | 25% VTIAX | 25% VBTLX (retirement), 25% VTEAX (taxable)
456M
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Re: U.S. stocks in free fall

Post by 456M »

YTD gains on VXUS is less than 3% :oops:
bugleheadd
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Re: U.S. stocks in free fall

Post by bugleheadd »

back up the truck
Kookaburra
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Re: U.S. stocks in free fall

Post by Kookaburra »

Tax loss harvesting opportunities on the horizon.
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ApeAttack
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Re: U.S. stocks in free fall

Post by ApeAttack »

Hooray. Tomorrow is my auto-purchase date for my 403b.
May all your index funds gain +0.5% today.
SuperTrooper87
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Re: U.S. stocks in free fall

Post by SuperTrooper87 »

<5% off all time highs of just a few days ago right? Wake me up when we hit 20%.
gonefishing01
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Re: U.S. stocks in free fall

Post by gonefishing01 »

456M wrote: Tue Nov 30, 2021 12:06 pm YTD gains on VXUS is less than 3% :oops:
I have a decent sized lot of VWO that will roll over to LTCG this week, and its basically flat. :oops:

One last shot at TLH this year if things get much worse I suppose. Otherwise, back to sitting on my hands.
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Sheepdog
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Re: U.S. stocks in free fall

Post by Sheepdog »

LadyGeek wrote: Tue Nov 30, 2021 11:23 am I removed an off-topic post discussing the coronavirus. As a reminder, see: Please read before posting on coronavirus/COVID-19
Thank you, LadyGeek!!! and all of the Moderators
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markcoop
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Re: U.S. stocks in free fall

Post by markcoop »

SuperTrooper87 wrote: Tue Nov 30, 2021 1:08 pm <5% off all time highs of just a few days ago right? Wake me up when we hit 20%.
Well, that depends what you are looking at. Here are funds I own (% down from all-time high):
TSM: VTI: -3.7%
Small value: AVUV: -9%, VBR -7.8%
Dev'p markets: VEA: -7.1%
Emerging mkt: VWO: -13.2%
Int'l small val: AVDV: -8.6%

Nothing 20% down, but most much more than TSM.
Mark
Ed 2
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Re: U.S. stocks in free fall

Post by Ed 2 »

Triple digit golfer wrote: Tue Nov 30, 2021 7:18 am
Ed 2 wrote: Tue Nov 30, 2021 5:36 am Most us following our instincts., today market plunge many will start asking “ what to do, I don’t have enough BND, should I sell equity “ or “ I am glad I am mostly in bonds”, market will jump up - “ I have too much cash, what should I do given market conditions ?” . Fun watching , we never stop market timing (guilty too , but I never sell). I miss legends like Jack. We don’t have enough of people like him anymore to remind ourselves.
Ain't that the truth! Half the time I'm wondering why I don't have more bonds. The other half I'm wondering why I have so much in bonds.
+1. I just don’t listen my other half when it’s telling me something. Which one? The one that talking .
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Aaand...it'sgone
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Re: U.S. stocks in free fall

Post by Aaand...it'sgone »

If this pullback can continue for a few more days, it will coincide with my year end bonus 8-).
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MortgageOnBlack
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Re: U.S. stocks in free fall

Post by MortgageOnBlack »

Quick TLH questions for a rookie who has never done it before (still contemplating, but may back up the truck).
My auto purchase for VTSAX happened on 11/11. Does that mean if I sell those shares today (exchange for a TLH partner), I won't be able to buy the same VTSAX fund again until 12/11?

I just don't want to trigger a wash sale, but this has always confused me. Thanks
Gufomel
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Re: U.S. stocks in free fall

Post by Gufomel »

Looks like everyone is “flying to safety” in those 30 year treasury bonds that are now yielding 1.78%…
carminered2019
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Re: U.S. stocks in free fall

Post by carminered2019 »

got 10K sitting in cash and threw into FSKAX.
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JoeRetire
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Re: U.S. stocks in free fall

Post by JoeRetire »

mikejuss wrote: Tue Nov 30, 2021 12:02 pm
JoeRetire wrote: Tue Nov 30, 2021 11:29 am
stocknoob4111 wrote: Tue Nov 30, 2021 10:27 am The markets went up because they probably thought that Powell will ease, now even with knowledge of the variant he wants to continue tapering as planned. I think Powell is getting spooked by inflation.
I love a good explanation regarding why the market is going up or down on any particular day.
I love it even more when it provides insight into what someone is thinking.

I would love it best when this insight could be applied to tomorrow's market instead - now that would be actionable!
Has anyone looked into how daily weather patterns may affect stock prices? Does the sun predispose people to buy or sell? Seems like as good an explanation as any other.
It's a big country. If I recall correctly, different parts of the country can have different weather on any given day.
Just saying'...
This isn't just my wallet. It's an organizer, a memory and an old friend.
drk
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Re: U.S. stocks in free fall

Post by drk »

MortgageOnBlack wrote: Tue Nov 30, 2021 2:44 pm Quick TLH questions for a rookie who has never done it before (still contemplating, but may back up the truck).
My auto purchase for VTSAX happened on 11/11. Does that mean if I sell those shares today (exchange for a TLH partner), I won't be able to buy the same VTSAX fund again until 12/11?

I just don't want to trigger a wash sale, but this has always confused me. Thanks
No, it's 30 days (before or) after the sale date. If you sell for a loss today, you would want to avoid buying VTSAX/VTI/etc. until December 31 to avoid a wash sale. (You would also want to avoid going back in time to buy shares after Halloween.)
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case_of_ennui
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Re: U.S. stocks in free fall

Post by case_of_ennui »

JoeRetire wrote: Tue Nov 30, 2021 3:00 pm
mikejuss wrote: Tue Nov 30, 2021 12:02 pm
JoeRetire wrote: Tue Nov 30, 2021 11:29 am
stocknoob4111 wrote: Tue Nov 30, 2021 10:27 am The markets went up because they probably thought that Powell will ease, now even with knowledge of the variant he wants to continue tapering as planned. I think Powell is getting spooked by inflation.
I love a good explanation regarding why the market is going up or down on any particular day.
I love it even more when it provides insight into what someone is thinking.

I would love it best when this insight could be applied to tomorrow's market instead - now that would be actionable!
Has anyone looked into how daily weather patterns may affect stock prices? Does the sun predispose people to buy or sell? Seems like as good an explanation as any other.
It's a big country. If I recall correctly, different parts of the country can have different weather on any given day.
Just saying'...
Barometric pressure fell today on Wall Street. National Weather Service predicting high pressure to return by later in the week so today was likely a good day to buy.
livesoft
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Re: U.S. stocks in free fall

Post by livesoft »

MortgageOnBlack wrote: Tue Nov 30, 2021 2:44 pm Quick TLH questions for a rookie who has never done it before (still contemplating, but may back up the truck).
My auto purchase for VTSAX happened on 11/11. Does that mean if I sell those shares today (exchange for a TLH partner), I won't be able to buy the same VTSAX fund again until 12/11?

I just don't want to trigger a wash sale, but this has always confused me. Thanks
No, it means you will not be able to buy shares of VTSAX until the 31st day after you sell for a loss. That would be 12/31 I think or if you didn't sell today into January 2022.

You can easily turn off the upcoming auto-investment on 12/11. Also turn off any automatic reinvestment of the upcoming quarterly distribution.

OTOH, why not just create a wash sale and learn how to deal with it on your tax return? It's not hard.
Last edited by livesoft on Tue Nov 30, 2021 3:06 pm, edited 1 time in total.
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lazynovice
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Re: U.S. stocks in free fall

Post by lazynovice »

MortgageOnBlack wrote: Tue Nov 30, 2021 2:44 pm Quick TLH questions for a rookie who has never done it before (still contemplating, but may back up the truck).
My auto purchase for VTSAX happened on 11/11. Does that mean if I sell those shares today (exchange for a TLH partner), I won't be able to buy the same VTSAX fund again until 12/11?

I just don't want to trigger a wash sale, but this has always confused me. Thanks
31 days after the date of the loss-today if you pulled the trigger.
asif408
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Re: U.S. stocks in free fall

Post by asif408 »

At least EM is up today: https://www.morningstar.com/etfs/arcx/vwo/quote. GMO was right!
mikep
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Re: U.S. stocks in free fall

Post by mikep »

Good time to dump TR income in taxable after seeing capital gain estimates come out. Switched to VTI/VXUS with the same % and will move the bond money into Jan 2022 I-bonds.
lostdog
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Re: U.S. stocks in free fall

Post by lostdog »

mikep wrote: Tue Nov 30, 2021 3:13 pm Good time to dump TR income in taxable after seeing capital gain estimates come out. Switched to VTI/VXUS with the same % and will move the bond money into Jan 2022 I-bonds.
:beer
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sg1223
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Re: U.S. stocks in free fall

Post by sg1223 »

Very proud of the fact that I was able to purchase 4 shares of VTI this morning. I don't make or earn much. I tend to only purchase 1 to two shares per bi-weekly or even month. I now have 30 shares. A minuscule amount to many, a major accomplishment for me in my journey so far.

Not upset at the price I bought it at, I wonder how the market will look tomorrow.
gonefishing01
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Re: U.S. stocks in free fall

Post by gonefishing01 »

sg1223 wrote: Tue Nov 30, 2021 6:10 pm Very proud of the fact that I was able to purchase 4 shares of VTI this morning. I don't make or earn much. I tend to only purchase 1 to two shares per bi-weekly or even month. I now have 30 shares. A minuscule amount to many, a major accomplishment for me in my journey so far.

Not upset at the price I bought it at, I wonder how the market will look tomorrow.
Well done! Keep stacking those shares and future you will be grateful! What the market looks like tomorrow is largely irrelevant, no matter what any of us says in these silly threads. :sharebeer
lostdog
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Re: U.S. stocks in free fall

Post by lostdog »

sg1223 wrote: Tue Nov 30, 2021 6:10 pm Very proud of the fact that I was able to purchase 4 shares of VTI this morning. I don't make or earn much. I tend to only purchase 1 to two shares per bi-weekly or even month. I now have 30 shares. A minuscule amount to many, a major accomplishment for me in my journey so far.

Not upset at the price I bought it at, I wonder how the market will look tomorrow.
:beer
Stocks-80% || Bonds-20% || Taxable-VTI/VXUS || IRA-VT/BNDW
Triple digit golfer
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Re: U.S. stocks in free fall

Post by Triple digit golfer »

sg1223 wrote: Tue Nov 30, 2021 6:10 pm Very proud of the fact that I was able to purchase 4 shares of VTI this morning. I don't make or earn much. I tend to only purchase 1 to two shares per bi-weekly or even month. I now have 30 shares. A minuscule amount to many, a major accomplishment for me in my journey so far.

Not upset at the price I bought it at, I wonder how the market will look tomorrow.
The key is that you're investing and building wealth. It will add up to significant wealth in a couple decades. Keep it up.
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