PCXV
Well-Known Member
New to ESOL, comrade?
stock market, jobs, economy all plummeting under trump
- Thread starter UncleBuck
- Start date
Heil Tweetler
Well-Known Member
greg nr
Well-Known Member
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/wall-streets-fear-gauge-breaks-above-20-for-first-time-since-around-trump-election-2018-02-05?mod=bnbh
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/wall-streets-fear-gauge-breaks-above-20-for-first-time-since-around-trump-election-2018-02-05?mod=bnbh
Sir Napsalot
Well-Known Member
So you actually have to think about using your vocabulary? How does that work, oooh it's time to write some big words?
greg nr
Well-Known Member
Careful, he has lots of words. LOTS. It's called like "up here".
greg nr
Well-Known Member
A 1000 points here, a 1000 there....
Market summary > Dow Jones Industrial Average
INDEXDJX: .DJI - Feb 5, 3:18 PM EST
24,661.24 -859.72 (3.37%)
Market summary > Dow Jones Industrial Average
INDEXDJX: .DJI - Feb 5, 3:18 PM EST
24,661.24 -859.72 (3.37%)
captainmorgan
Well-Known Member
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.
greg nr
Well-Known Member
https://www.newyorker.com/humor/borowitz-report/trump-considering-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.
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.
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).
Heil Tweetler
Well-Known Member
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
UncleBuck
Well-Known Member
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.
see4
Well-Known Member
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.
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.
SneekyNinja
Well-Known Member
Even bond yields are up...now that's a bad sign for Mr President.
abandonconflict
Well-Known Member
For smart short options, private prisons should be gaining well in the next few years.
