sanctions on iran were lifted today, and they'd made it sound like 25$ would not be a problem
http://www.reuters.com/article/us-opec-price-idUSKCN0UT165
details as to why? Glad I held off on buying Friday - but like I said earlier... I had a deep stomach feeling that the worst had yet to come.
sanctions on iran were lifted today, and they'd made it sound like 25$ would not be a problem
http://www.reuters.com/article/us-opec-price-idUSKCN0UT165
Yea this was the last straw for me. Gonna sell everything come tuesday. Do u guys think there'll be a small rally this week or is it just gonna keep going down as the oil keeps going down? Stock market has gone down in lockstep with drop of oil prices the past 2 weeks!
Short rates have been going up and long rates going down. That might be a bad sign since one of the most reliable predictors of a recession is an inverted yield curve where short rates are higher than long.Funny, mortgage rates actually went down this week and are now lower than before the hike.
It does feel like the correction to fair value could finally be happening.
Bla bla bla, not investment advice, but selling into a down market is considered an amateur mistake.
This is the kind of correction I've been worried about since last year because of the Fed rate hike. Did the hike have anything to do with what's happening? Doesn't look like it... Looks more oil and China related, but I'll take it.
Agreed - I'm in this for the long haul so dips like this are more representative of a buying opportunity. I keep cash around for just such an occasion. Its been a bigger drop faster than I thought so I'll hold onto the cash for a bit longer but I've got my eye on a few things
Someone exercised my short call option and now I have to deliver $100,000 worth of QQQs on Tuesday.
I've been assigned before but nothing like this. I called the broker and they said I can cover the short position in the open market first thing Tuesday or exercise the call option to take delivery.
Now I get to worry the rest of weekend!
I wouldn't worry too much. If you look at QQQ they pushed it to $101 in AH on Friday to trigger the exercise. But since you are hedged, like you said in your other post, you have the option (pun intended) on Monday. I wouldn't lose any sleep over it - you are fully hedged.
Guys you need to invest in india. Easy 8-20% returns
It really depends... If you're holding crap that you only picked up for short-term trading, it's different than holding a DOW or S&P500 index or even companies like J'n'J
the middle east markets are dropping more:
http://www.reuters.com/article/mideast-stocks-idUSL8N1510J1
No one knows. If you're lucky, there will be a bounce like this past Thursday.
Bla bla bla, not investment advice, but selling into a down market is considered an amateur mistake.
This is the kind of correction I've been worried about since last year because of the Fed rate hike. Did the hike have anything to do with what's happening? Doesn't look like it... Looks more oil and China related, but I'll take it.
Everybody's taking it up the ass the past two years.
Relax and let the cyclical magic of history and the markets escalate you up by the time you reach retirement age.
Be careful what you wish for. Most investors today have never experienced a real secular bear market. The last secular bear was 1966-1982. During that period, the Dow Jones Industrial average went from 1000 in 1966 to..... 1000 in 1982. A big fat zero for 16 years. Adjusted for inflation, this was a massive loss for anyone invested in stocks. Stocks didnt make money. Bonds didnt make money. Mutual funds didnt make money. And the period 1966-1982 was not an aberration. There was a similar period from 1929 to 1945. 2016-2032 could very easily be similar. If this happens, then 80% of 401Ks will be worth less in 2032 than they are now (in 2032 dollars), including the money they add during that time.
I have never understood this logic.Agreed - I'm in this for the long haul so dips like this are more representative of a buying opportunity.
http://allfinancialmatters.com/2013/01/29/sp-500-20-year-rolling-period-returns-through-2012/Be careful what you wish for. Most investors today have never experienced a real secular bear market. The last secular bear was 1966-1982. During that period, the Dow Jones Industrial average went from 1000 in 1966 to..... 1000 in 1982. A big fat zero for 16 years. Adjusted for inflation, this was a massive loss for anyone invested in stocks. Stocks didnt make money. Bonds didnt make money. Mutual funds didnt make money. And the period 1966-1982 was not an aberration. There was a similar period from 1929 to 1945. 2016-2032 could very easily be similar. If this happens, then 80% of 401Ks will be worth less in 2032 than they are now (in 2032 dollars), including the money they add during that time.
The portfolio will come back eventually, so it is just a paper loss. In all of history, the stock market has always come back eventually. The buying opportunity may not ever come back (this could be your last true chance for the biggest gains). We may got more buying opportunities, or this may be the lowest point the stock market will ever be for the rest of time, we don't know. Every local minimum has a chance of being the last time the stock market was ever that low again.I have never understood this logic.
You just lost 10% of your entire portfolio, yet you take this "opportunity" to buy .01% of your portfolio at a good price.
Its a small silver lining...
well, 2000-2016 is certainly no bull market, and it's almost a secular bear if you started investing from the beginning.
Be careful what you wish for. Most investors today have never experienced a real secular bear market. The last secular bear was 1966-1982. During that period, the Dow Jones Industrial average went from 1000 in 1966 to..... 1000 in 1982. A big fat zero for 16 years. Adjusted for inflation, this was a massive loss for anyone invested in stocks. Stocks didnt make money. Bonds didnt make money. Mutual funds didnt make money. And the period 1966-1982 was not an aberration.