Please wait...
2200 by end of day.
Market cant keep this up...
Fri Apr 04 2025 12:56:58 UTC from Nurb432Day 2, even before the bell rang for open trade:
"Dow Jones Industrial Average futures were down nearly 1,500 points, or 3.6%. Futures on the S&P 500 and Nasdaq Composite slid 3.7% and 3.9%"
2025-04-01 21:00 from Nurb432
never mind im an idiot. why am i even reading news on April 1.
come on man, just let that hang out there and we'll figure out the date was 04-01.
By the way, happy 404 Day. This post is Not Found.
We have a house down the street with that address. Sort of wish i had moved there instead, just for that reason.
Fri Apr 04 2025 21:47:51 UTC from LoanSharkBy the way, happy 404 Day. This post is Not Found.
2025-04-03 22:05 from Nurb432 <nurb432@uncensored.citadel.org>
Subject: Boom goes the stock market.
Day one Dow index drops 1600+, Nasdaq drops 5.97%.. And i
heard something about 2 Trillion ( with a T ) was pulled out of tech
funds. And bunches of companies hit double digit losses.
Going to be a long dark summer unless Trump backs off some..
quickly..
Oh, come up. It's obviously an astroturfed kneejerk. I was reading about how it was so bad, even "worse than predicted!!", the mornong before the market even opened.
Buy the dip and enjoy the rebound.
And about those tech stocks: that's obviously been an artificial bubble for a long time. Anyone who was holding NVDA through this past week is clueless.
Time will tell if it was just a tactic for the rich to get richer or obliteration of the market totally.
I personally don't think we will recover. Its all downhill from here.
Yes i did, however i'm just going off history here. Remember human history is cyclical, even in the 'short term'. Does not have to be across centuries, tho one can learn from that too.( however few people really do )
This time its structured differently, so i see a different outcome. This destruction is intentional, unlike back in the 70s where it was mostly incompetence of response, not upfront intent. This is being run more like things were in the late 20s with malicious intent, and we see how that worked out for us that time.
I do hope i am wrong, not in the mood to start eating my neighbors for food or finding a wood stove so i don't freeze in a couple of years after the energy grids collapse ( both natural gas an electric ). And i guess ill have to dig that well after all..
( PS, i'm not a boomer. Close, but not quite )
Always boomers clutching their pearls. Did you not live through the last 2 decades along with the rest of us?
And related but not, and i don't know all the details but looks like Newsom is trying to say that "California isn't DC" and is trying to make deals with other countries and "work around" trumps tariffs. Sounds like hes going to completely ignore the requirements..
Sure states do have clear rights, but that state has a clear pattern and history of blatantly disregarding federal authority which they agreed to abide by, some 174 years ago. This should be a final straw to kick them out of union. Id vote to extend the wall up northward....
Speak for yourself there. I love market crashes because they are the way to return things to sanity. Seriously, a lot of the stuff that is "crashing" was actually over-valued (by miles) in the stock market and has dropped down to being slightly over-valued. A lot of nonUS stocks are dropping for no practical reason other than panic, some to a point in which their market capitalization is bellow the value of their accountable assets.
I am making a killing buying cheap firms whose connection to the US or US partners is tenuous at best.
Keep crisis like this coming.
And about those tech stocks: that's obviously been an artificial
bubble for a long time. Anyone who was holding NVDA through this past
week is clueless.
Thanks, zelgomer. We can always count on you to speak sense into a conversation.
2025-04-05 00:22 from Nurb432
Subject: Re: Boom goes the stock market.
Time will tell if it was just a tactic for the rich to get
richer or obliteration of the market totally.
I personally don't think we will recover. Its all downhill
from here.
The stock market is a very poor way of gauging the state of a country. If it was, you would have though the US was doing awesomely well for the last 8 years, because every firm on the US based stock markets was worth sooooo much more than their accountable assets.
Seriously, some firlms had a market value such that, with the profit margings they operate, would take 200 years to make a profit. Let that sink in.
People. Were. Buying. Firms. That would have taken **!!200 FUCKING YEARS!!** TO RECOUP THEIR MARKET COST.
That is fucking madness. Everybody with 2 braincells had to know it was not sustainable, and to be honest, hobby economist have been talking about the "everything bubble" for some time already.
But the good news is that a stock market crash does not mean the companies that crashed are less profitable. If you bought a cookie company that reliabily sells cookies and pays you your share, then when the stock market crashes they will keep selling the same cookies and you will still get your share.
Agreed, but i do think its a canary sort of affair due to the fallout that happens when it goes bad. ( or good )
The stock market is a very poor way of gauging the state of a country.
"Trump's top economic adviser says 50 countries have reached out to negotiate tariffs"
But i thought he said he would not negotiate? At least that is what i read that he said.
Forgetting the thread about the market dropping, saw this today.. i thought the markets were closed on weekends? How does this work?
"Dow futures fall 1,500 points Sunday as Trump tariff market rout escalates" ( and others dropped as well according to that story )
But i thought he said he would not negotiate? At least that is
what i read that he said.
What I have heard is the plan was to actually negotiate to a point in which tariffs can be bilaterally dialed down to nothingness with Europe, but I have not checked any official source for this.
Gotta love the news these days.. even without spin, no one agrees on anything ( tho to be fair, Trump does not help much.. )
But i thought he said he would not negotiate? At least that is
what i read that he said.
What I have heard is the plan was to actually negotiate to a point in which tariffs can be bilaterally dialed down to nothingness with Europe, but I have not checked any official source for this.
Some billionaire friend of trump: "there are millions of Chinese sitting at stations screwing in screws to make iPhones" "we hope these tariffs move that to us soil where robots can make it in america it instead" So basically put poor people out of work there so they starve and become organ donors and fertilizer, and technically not even move the jobs here since they want robots to do it instead.
I think he let the cat out of the bag. Remove all the jobs from the serfs so they die off, and the few that have jobs, price them out of the market. Just the elite and their robots remain. With luck Zoe wont put up with it either, and her and her kind rebel at some point.
No deal with Israel. Sent Netanyahu home packing on the tariff issue. If we don't extend a hand to our allies ( especially one in crisis ), we wont be doing it to you enemies.
Buckle up folks, even if Trump pulls out of the 'war' before its too late to recover so we don't crash and burn like i expect, its going to be a long summer.. for everyone other than the elite. ( so no one around these parts )
Sigh. i know my middle name is typo. But still, sorry.
Tue Apr 08 2025 16:47:00 UTC from Nurb432No deal with Israel. Sent Netanyahu home packing on the tariff issue. If we don't extend a hand to our allies ( especially one in crisis ), we wont be doing it to you enemies.
Buckle up folks, even if Trump pulls out of the 'war' before its too late to recover so we don't crash and burn like i expect, its going to be a long summer.. for everyone other than the elite. ( so no one around these parts )