stock market, jobs, economy all plummeting under trump

Wall Street's 'fear gauge' breaks above 20 for first time since around Trump election

Source: Marketwatch

A measure of Wall Street volatility on Monday rose sharply, hitting its highest level since around the time of President Donald Trump's stunning election victory November of 2016. The CBOE Volatility Index VIX, +23.86% was up 22% at 21.04, its loftiest level since Nov. 4, 2016, according to FactSet data. The VIX uses bullish and bearish option bets on the S&P 500 index SPX, -1.45% to reflect expected volatility over the coming 30 days, and it typically rises as stocks fall. A reading above 20 exceeds that of the volatility gauge's historic average, and may indicate a more bearish outlook for equities. The spike in the VIX on Monday comes as the S&P 500 index was hitting its nadir, falling more than 5% since a peak on Jan. 26, while the Dow Jones Industrial Average DJIA, -1.66% was off more than 460 points, or 1.8%, at 25,098. The Nasdaq Composite Index COMP, -0.98% was off 1.1% at 7,165, as technology shares also came under pressure.

Read more: https://www.marketwatch.com/story/w...nce-around-trump-election-2018-02-05?mod=bnbh
 
captainmorgan said:
tRUmp and his brainless followers are scrambling to find a scapegoat for the DOW. Which will it be, President Blackenstein, the Dems in congress,dark skinned people,women,gays or maybe the Muslims lol.
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https://www.newyorker.com/humor/bor...nsidering-firing-dow-jones-industrial-average

Trump Considering Firing Dow Jones Industrial Average​

WASHINGTON (The Borowitz Report)—After watching it suffer its worst losses since he became President, Donald Trump is “seriously considering” firing the Dow Jones industrial Average, aides have confirmed.

According to the aides, Trump is “furious” at the D.J.I.A. for going down so precipitously and believes that it has treated him “very unfairly.”

“Increasingly, the President has become convinced that the Dow Jones Industrial Average is not on his team,” one aide said. “Seeing the negative Dow numbers in the corner of the TV screen has been wrecking eleven hours of every day for him.”

Reportedly, Trump is mulling replacing the Dow with a new system, in which Sarah Huckabee Sanders would appear every day at 4 p.m. to announce how high stocks had skyrocketed.

En route to an appearance in Ohio, Trump stopped short of saying that he would ask for the stock market index’s resignation, but his contempt for the Dow was palpable.

“The Dow Jones Industrial Average is a disgrace, and it should be very, very ashamed of itself,” he said.
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captainmorgan said:
tRUmp and his brainless followers are scrambling to find a scapegoat for the DOW. Which will it be, President Blackenstein, the Dems in congress,dark skinned people,women,gays or maybe the Muslims lol.
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This doesn't need an scapegoat or explanation. We were all expecting it, we just didn't know when. If you have available cash, it's a hell of a buying opportunity (thank you Mr. President).
 
LITTLE gonnagro said:
IN ALL HIDEOUSNESS (thank you Mr. President).
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FOR THE DAILY LIES
FOR FLEECING OUR ECONOMY
FOR GOLFING
FOR SAYING TRANSPARENCY AND #RELEASETHETAXRETURN
FOR GIVING A SILENT PARACHUTE TO STORMY
FOR CLAPPING AT YOUR OWN HIDEOUSNESS
FOR FAILING TO LEARN THE MEANING AND USAGE OF WORDS
FOR USING THE WORD DISGRACE WHILE CARRYING A FULL LOAD IN YOUR DEPENZ
 
gonnagro said:
This doesn't need an scapegoat or explanation. We were all expecting it, we just didn't know when. If you have available cash, it's a hell of a buying opportunity (thank you Mr. President).
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only a fucking idiot would buy now.

biggest single day drop in the history of the dow. over 1500 points down. nearly 2000 point drop over the last two days.

gas prices are rising too ever since trump took office illegitimately.
 
If you managed to sell short options or swaps for fiscal Q1 ending, you've made the right decision.

A little late to jump into that game at this point, but if you saw it coming any time in 2017 you would have made a smart bet.

Expect the market to turn more bearish than it already has.
 
see4 said:
If you managed to sell short options or swaps for fiscal Q1 ending, you've made the right decision.

A little late to jump into that game at this point, but if you saw it coming any time in 2017 you would have made a smart bet.

Expect the market to turn more bearish than it already has.
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Even bond yields are up...now that's a bad sign for Mr President.
 
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