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Stock Market Thread
(12-24-2018, 10:59 PM)WRXtranceformed Wrote: Those are the reasons for the market uncertainty which are well known but not necessarily for the actual massive daily swings up and down that are resulting. Those are not normal even during times of instability.

Check this out: https://www.bbc.com/news/business-42959755

There are definitely more recent articles on this but that helps explain it
Makes sense... A large amount of the market is tied to the algorithmic trading, and as soon as the yield hit 3% the computers sold off mass amounts of stock and it just tumbles from there.

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(12-24-2018, 11:29 PM)Apoc Wrote:
(12-24-2018, 10:26 PM)JPolen01 Wrote:
(12-24-2018, 08:39 PM)Apoc Wrote: Political uncertainty is driving it, IMO.


This along with the ongoing tariff battle is what I'm hearing from my hedge fund analyst friends. They aren't convinced a recession is coming just yet.

Tariff is political, as far as I'm concerned. 

I'm convinced enough about a recession, that we're waiting out Q4 earnings before we get serious about house shopping. 

I had my last AMZN stock vest 1.5 weeks ago. I always sell on vest day, but that vest s now worth $13,600 less than it was when I sold it 12 days ago.
I'm glad I am not in the market for a house or anything right now, the market is shaping up to take a pretty big dive the way I see it.

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