Craziest market ride in years

[Praxit]

..if some of you have kept with Stock Markets. Closes word would be wild rollarcoaster.

In two days, the market lost 11 trillion. Then couple days later shot up like mayhem almost 20%. Then next
day down 10% ...lol... Thats where its been lately. The volatility is rare.

It will continue to play like this for while, I believe. The Tariffs will dictate the situations.

 

[rags747]

Dot Com bust up was much scarier as was the 2008 Financial collapse. Scarier by far for me as I was invested 150% between margin and line of credit on the house. These days I’m only invested 100% in stocks for the most part. Good luck to all!

 

[Sarek]

I lose in bull or bear, my conscience just can't seem to mesh well on the street. I've become somewhat numb to it.

 

[Pass2Run]

I can't comment on this too much. I get what the effort is about. At the end of the day, it's likely only going to harm consumers.

As much as I despise the Chinese government (I believe they knowingly used COVID as a weapon to keep countries down while they boosted their economy), I fear, unless all our allies are fully on board, it's going to harm most of us, at least short-term (3-5 years). It must be nice having the inside line on all of this.

I don't believe for a second that the richest of the rich aren't pulling the strings here.

 

[Runwildboys]

..if some of you have kept with Stock Markets. Closes word would be wild rollarcoaster.

In two days, the market lost 11 trillion. Then couple days later shot up like mayhem almost 20%. Then next
day down 10% ...lol... Thats where its been lately. The volatility is rare.

It will continue to play like this for while, I believe. The Tariffs will dictate the situations.

My 401k lost 13,000 in 2 days, then gained 4,000, then lost another 2,000. It's a wonderful time to be an American.

 

[Pass2Run]

My 401k lost 13,000 in 2 days, then gained 4,000, then lost another 2,000. It's a wonderful time to be an American.

Exactly my point.

They're going to fleece the average person.

 

[Sarek]

If there's someone on this site that's an expert on daily momentum, i'd like to be your friend.

 

[Tabascocat]

The market will work itself out, just don’t sell, act impulsively or panic over 401K’s. Over 90% of the market is controlled by the wealthiest and they won’t let it crash for long.

 

[gtb1943]

I can't comment on this too much. I get what the effort is about. At the end of the day, it's likely only going to harm consumers.

As much as I despise the Chinese government (I believe they knowingly used COVID as a weapon to keep countries down while they boosted their economy), I fear, unless all our allies are fully on board, it's going to harm most of us, at least short-term (3-5 years). It must be nice having the inside line on all of this.

I don't believe for a second that the richest of the rich aren't pulling the strings here.

The situation is of China's making and they have it coming. One only has to do simple searches to show that they are every thinking and feeling persons enemy.
Far too many have excused their conduct over the years.
It has to stop.

 

[rags747]

And yet the shear scale of the hundreds of millions that have been lifted out of poverty in China over the past few decades is basically unmatched in human history.