I don't pay for those CNBC pro articles and I'm sure most of you don't on here but they have an article that says since 2010 there have been 21 instances that the markets traded 2% lower ...then they give you the statistics what has happened the next trading however I don't pay for that service so if anyone knows please chime in.... http://www.cnbc.com/2016/09/09/sp-500-drops-2-heres-what-should-happen-next.html
The selloff today had nothing to do with the Fed... It's just a big move (bear steepening) in pretty much all developed mkt yield curves. It caused what felt like a typical risk parity puke.
I think we will see 13500 in the dow and 1500 in the S&P before the year is out. September and October are going to be very ugly. The only thing that will stop it is another round of coordinated global QE. Let's see what happens. Good weekend.
Wait for the market to start moving higher then go 100% long--- it may not be until tuesday, but what an awesome opportunity is upon us.
I agree. The fed isn't going to raise rates in the face of an uncertain election. They'll wait until after the dust settles.
Hillary will not drop out of the race. She is too narcissistic and too evil to do that. Besides, she has Alzheimer's, Dementia or another degenerative disease....no one will be able to explain to her why it would be a good idea. She doesn't have the mental capacity to comprehend it. That's why she wears a listening device in her ear to respond to answers from others that do the thinking for her. ...(Huma Abedin?) And a president can only serve 2 terms and Obama has reached his limit. It ain't gonna happen. For him or Bill. And in the remote chance it happened...they would have to re-register a new candidate in all 50 states and have them on the ballot by the deadline in October. There is no law that says a Democrat has to be on the ticket. It would just be more votes for the other candidates. Hillary's earpiece...... http://www.naturalnews.com/055233_ear_piece_Hillary_Clinton_presidential_debate.html