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57
Heavy stock market losses today, I’m assuming because of people’s reactions to the tariffs. Let’s see how this keeps going (archive.is)
posted 1 year ago by redman012 1 year ago by redman012 +57 / -0
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Comments (21)
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▲ 38 ▼
– undecidedmask2 38 points 1 year ago +38 / -0

Oh no, a bunch of over valued companies that built the shakiest supply chains ever because it was cheaper to make their products in 10 different places across the globe have positioned themselves to be significantly more vulnerable to geopolitical developments, what a shock.

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▲ 2 ▼
– ThreeLights 2 points 1 year ago +2 / -0

The executives and the major stock players can rot in hell. They caused the inflation we were in since the Mandated Lockdowns and we finally have some relief with lower cost eggs and gas. I hope it hits them harder.

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▲ 27 ▼
– Lurker404 27 points 1 year ago +27 / -0

Based on the hysterical headlines I've been seeing all day you'd think the world is ending. So I checked, the DOW and S&P500 lost a whopping 4%.

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▲ 12 ▼
– Ricky_CIA 12 points 1 year ago +12 / -0

Leftist faggots: "That's a -1460% annualized loss!!!!! REEEEEEEEEEEEEEEE!!!!! ORANGE MAN BAD!!!!"

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▲ 15 ▼
– current_horror 15 points 1 year ago +15 / -0

Communists appealing to the stock market is like atheists appealing to the Bible.

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▲ 3 ▼
– Wizardslayer 3 points 1 year ago +3 / -0

And in the same breath they'll claim how this is the collapse of America but also claim it is a great thing because "no one will vote republican because of this"

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▲ 4 ▼
– HallucinatoryBeing 4 points 1 year ago +4 / -0

I got an email from my broker telling me not to panic sell and Stay the Course™, which means shit's about to get real.

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▲ 25 ▼
– ApparentlyImAHeretic 25 points 1 year ago +25 / -0

who who's with me in buying the dip? TO THE MOON!

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▲ 16 ▼
– ModsAreAIDS 16 points 1 year ago +16 / -0

I dumped all of my international stocks a month or two ago specifically so I could dump a ton of money into the market after the drop. I am pumped that people are driving the market down. I am going to make a killing.

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▲ 4 ▼
– Hugs 4 points 1 year ago +4 / -0

S&P500 could drop another 5-10%, but I went ahead and bought into US market ETFs today anyway.

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▲ 2 ▼
– MargarineMongoose 2 points 1 year ago +2 / -0

What are you picking up and when are you buying in?

I already picked up some QQQ this past week, but I need to build out my portfolio in general and I'm looking for suggestions.

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▲ 2 ▼
– ModsAreAIDS 2 points 1 year ago +2 / -0

I think I will be going with some S&P500, value index, small cap value, and small cap funds for now. I will probably put some in every few days as long as the market keeps dropping or until I am out of liquid funds. I will maybe look at some individual stocks too.

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▲ 6 ▼
– JustHereForTheSalmon 6 points 1 year ago +6 / -0

I didn't, but only because I expect it's a false bottom.

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▲ 4 ▼
– HallucinatoryBeing 4 points 1 year ago +4 / -0

Wake me up when the dip turns into a crater.

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▲ 3 ▼
– evilplushie 3 points 1 year ago +3 / -0

It hasn't dipped enough for me yet

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▲ 8 ▼
– subbookkeeper 8 points 1 year ago +8 / -0

As Karl Denninger pointed out, the only companies that lost value from tariffs are ones that rely on overseas labour, no shit slavers don't like the end of slavery.

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▲ 6 ▼
– Ahaus667 6 points 1 year ago +6 / -0

U.S. stock-index futures and Asian equities fell sharply, reflecting fears that the tariffs will slow growth and boost inflation. Popular stocks such as Apple, Amazon and Nike were among the largest retreaters, dropping 6% or more.

It’s almost like they had ample time to stop sucking Chinese dick for short term profit

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▲ 3 ▼
– Deceitful_Fox 3 points 1 year ago +3 / -0

So, buy, then?

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▲ 3 ▼
– SophiesBoyfriend 3 points 1 year ago +3 / -0

Today the far left redditors sound like Wall Street capitalists

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▲ 1 ▼
– TheBroodwich 1 point 1 year ago +1 / -0

If you have some cash now is a good time to buy IMHO. Even "all-american" companies took hit.

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▲ 1 ▼
– LastRights 1 point 1 year ago +1 / -0

Bitcoin remains unaffected, apparently. Figured it would have tumbled by now. Still in the 80k.

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