Lot of doom in gloom in here. I think thats my buy signal
-
Hello, please take a minute to check out our awesome content, contributed by the wonderful members of our community. We hope you'll add your own thoughts and opinions by making a free account!
Misc Stock Market
- Thread starter ForsythSnow
- Start date
Elon is going to fire 500k Federal employees...probably more...cancel contracts/funding in most agencies due to what he calls "fraud", cripple social security...gut Medicaid and now keeps approving funding for his Starlink. This is unbelievable....
Elon already working on cancelling FAA deal with VZ for $2.4B and instead use his Starlink. What in the actual heck is going on.
Elon already working on cancelling FAA deal with VZ for $2.4B and instead use his Starlink. What in the actual heck is going on.
Natural gas futures are +13% just over the last 2 days and this doesn’t appear to be mainly from colder wx forecasts out 2 weeks because they’re still largely pretty mild in the E US.
Supposedly this is largely due to a combo of the 35% tariffs on the 7% of US NG supply from imported CDN NG and increased demand for US LNG in Europe.
https://www.reuters.com/business/en...-2-record-flows-lng-export-plants-2025-03-03/
Supposedly this is largely due to a combo of the 35% tariffs on the 7% of US NG supply from imported CDN NG and increased demand for US LNG in Europe.
https://www.reuters.com/business/en...-2-record-flows-lng-export-plants-2025-03-03/
Last edited:
Some of these headlines are so insane...the Trump administration is moving markets so fast with every announcement. It's getting beyond absurd...and they waiting until after market close to announce that. The manipulation is so bad.
Unreal…5 years ago they had 70k employees and grew to 100k employees. But to cut to 50k overnight seems insane. I imagine Elon is telling Trump he can audit returns with AI.
I’m not an accountant or affiliated with the IRS but all these agencies getting gutted stresses me out and even I lose sleep over it. I can’t imagine what these people are going through. This should be handled with much more empathy.
Honestly man, that's unhealthy. That level of stress is going to do much more damage to your body than the reduction in government staff will be a detriment to the country.
ForsythSnow
Moderator
This is the stock market thread. Keep it about the market in general without bringing political opinion that steers the conversation away out.
GeorgiaGirl
Member
I did actually hold an open mind market wise btw before this year, but I’ve changed my mind, and objectively, those who are pro-Trump should as well.
He and his team don’t care about the market right now and honestly they are making it obvious with direct quotes . They’d actually love it if the downtrend continued right now. Think it’d help out with stamping inflation out, once and for all.
Then they think they can ramp up quickly after this, if needed due to what we saw with 2020. If it all works here, which is a small needle to thread through, with their just being a minor recession or just a slowdown, and inflation doesn’t return (this will be my only directly political thing here), Trump is going to replace Reagan for how much he’s adored and loved by the right for the next several decades. If not, GWB 2.0.
Should we finally come across a time where we get a bearish stock market that isn’t easily recovered from after the financial crisis, the ridicule will be about as loud as it can be these days though.
He and his team don’t care about the market right now and honestly they are making it obvious with direct quotes . They’d actually love it if the downtrend continued right now. Think it’d help out with stamping inflation out, once and for all.
Then they think they can ramp up quickly after this, if needed due to what we saw with 2020. If it all works here, which is a small needle to thread through, with their just being a minor recession or just a slowdown, and inflation doesn’t return (this will be my only directly political thing here), Trump is going to replace Reagan for how much he’s adored and loved by the right for the next several decades. If not, GWB 2.0.
Should we finally come across a time where we get a bearish stock market that isn’t easily recovered from after the financial crisis, the ridicule will be about as loud as it can be these days though.
Have you read the comments in here, it's become nothing but political lol
ForsythSnow
Moderator
Sort of the point to bring it back down to earth. Political happenings tie in but this isn't the place for "I don't like the president or I love the president"
Give me a break...sometimes external factors affect stock market. Everything being discussed in here is cordial and hopefully helpful to people in the market.
I didn't say it wasn't cordial, I said it was political and I'm good with it but we can't pick and choose what comments to delete. If we're gonna allow political discussion than allow it or not at all, was kinda my point
It’s hard not to be somewhat political in a market thread given how much politics affects the markets. A Trump Tweet can move the markets by trillions in market cap in 30 minutes. It’s certainly entertaining, LOL.
Of course, politics also moves markets in the longer term through tax policy, spending, etc. but it’s certainly ratcheted up a notch lately in the short term with all the will-we-or-won’t we tariff talk, etc.
My bonus hits my 401k in a few days, so maybe a few more tariff Tweets wouldn’t be the worst thing. Buy the dip!
Of course, politics also moves markets in the longer term through tax policy, spending, etc. but it’s certainly ratcheted up a notch lately in the short term with all the will-we-or-won’t we tariff talk, etc.
My bonus hits my 401k in a few days, so maybe a few more tariff Tweets wouldn’t be the worst thing. Buy the dip!
ForsythSnow
Moderator
Politics will tie in but again, posts that have nothing to with the market at all and are just political vents like the pol thread had aren't needed.
Yeah...might as well just shut this forum down. Got mods everywhere policing us like 5 year olds. I'm done posting here until next winter.
Relax
Nomanslandva
Member
Even though I don't trade, I appreciate the posts from you and others. I am too busy with work to put the attention required in to even think about trading. I do rebalance occasionally and some of what is posted here is helpful.
Triplephase93
Member
I don’t agree with your political stances at all, but you add a lot of value and knowledge in this thread. Enjoy your post.
I agree, but that was a BS statement. Kylo is a good poster and adds a lot of value to the forum, but nobody is overmoderating.
Yeah I don't get it, none of his post have been deleted or moderated. Heck my original comment wasn't even directed at him, just a general statement
Spirit Airlines lol.
Negative 22.5% operating margin for 2024. Yeesh.
I mean yay they're adding a bunch of nonstops on 320s for the Chattanooga and Columbia markets as of June which is nice but I'm kinda leery those flights get scrapped last minute.
Negative 22.5% operating margin for 2024. Yeesh.
I mean yay they're adding a bunch of nonstops on 320s for the Chattanooga and Columbia markets as of June which is nice but I'm kinda leery those flights get scrapped last minute.
LickWx
Member
They went bankrupt recently , they are not going to exist much longer unfortunately but that’s the cycle of low cost airlines… they start out, cheap fair serving underserved markets, have lots of investor money, money runs out, amenities get cut prices go up, demand down and bankrupt
SPY is back to where it was on November 5th. 13 day EMA crossed the 48 day EMA yesterday morning. Zooming out shows how much SPY has grown over the last year to date. Some selling will still occur but if the 13 ema climbs back to the where it is about to cross the 48 to the upside I will buy more.
broken025
Member
Green by end of week
broken025
Member
SPY got drilled at the open but came up throughout the day on good news. They call this a hammer candle and look forward to a green Monday. Edit: Clearly wrong.
Last edited:
Stock indices are down sharply today fwiw supposedly on a threat of a recession that the Trump won’t rule out:
“U.S. stocks dropped in early trading on Monday, suffering widespread losses a day after President Donald Trump declined to rule out the possibility of a recession.”
www.yahoo.com
The NASDAQ is down a whopping 3.7% while the S&P is down 2.05% and the Dow is down 0.75% at this moment (a bit after this article was released). Tesla is down nearly 9% today!
“U.S. stocks dropped in early trading on Monday, suffering widespread losses a day after President Donald Trump declined to rule out the possibility of a recession.”
Stocks slump after Trump declines to rule out recession
U.S. stocks dropped in early trading on Monday, suffering widespread losses a day after President Donald Trump declined to rule out the possibility of a recession. The Dow Jones Industrial Average fell 515 points, or 1.2%; while the S&P 500 declined 1.4%. The tech-heavy Nasdaq plummeted nearly 2%.
The NASDAQ is down a whopping 3.7% while the S&P is down 2.05% and the Dow is down 0.75% at this moment (a bit after this article was released). Tesla is down nearly 9% today!
At some point starting to very slowly nibble via dollar cost averaging in something like mutual funds that closely follow indices will become something to at least consider especially if most of one’s portfolio isn’t in stocks, as market timing is extremely difficult since there’s no telling how much further, if any, market indices will fall.
Lord have mercy
TSLA is now -13% for the day and -35% over the last month. Of course, before then it had more than doubled just between late Oct and late Dec. So, there had been a ton of bloat in the price from speculation on Musk being involved in the Trump admin.
Major indices are at their lows of the day with Nasdaq -4.2%, S&P -2.7%, and Dow -1.8%!
Major indices are at their lows of the day with Nasdaq -4.2%, S&P -2.7%, and Dow -1.8%!
Triplephase93
Member
NVIDIA down 20% this month. Pretty much a blood bath in every sector.
Nasdaq down 4.2% on the day. It’s like old times (March 2020)! Ironically, 2020 is also the last time we got meaningful February snow.
Dow is down nearly 1000 now.
Many sectors are down but some low volatility sectors are doing well. High dividend Altria, pharmaceuticals (like J&J, Merck, and Bristol-Myers), and energies are doing well, for example.
Stock index futures and Tesla had earlier shown a modest bounce. But for the moment at least that bounce is gone. Hang in there, folks, regardless of what happens. It is liable to be another wild day. Even if there’s another bad day, that could make for better buying opportunities for the longer run.