This is a very interesting turn of events!!!! However we all know the euphoria is not gone just yet....
Yep more talk on government shutdown threats.... How many thousands of times have we heard this one....same old same old same old.... nothing ever happens...all talk and zero action.....blah blah blah blah....that's all Fu©king politics are..... Trump claims Democrats 'want to shut down the government' as Friday deadline looms President Trump accuses Democrats of wanting a government shutdown. Congress needs to pass a spending bill by the end of Friday to avoid a shutdown. Talks over an immigration bill — which Democrats want to pass this week — have complicated efforts to keep the government open. https://www.cnbc.com/2018/01/16/tru...hutdown-over-daca-deal-as-deadline-looms.html
Seeing the Dow up +26 point makes it feel like a crisis is here .....so not used to it......and seeing the Nasdaq down 17 is like unimaginable...anyway they will rally everything back higher near the close...huge buying opportunity!!!
Historic reversal here folks! anyone that bought this morning.. is underwater and every other long is thinking about locking in some profits.. more downside coming.. at least Jan 1st levels (~3% lower) IMO
Yea anyone who went into this morning could be down between 1-3% already....... Amazon is down$40 from it's highs....ouch!!!!! I went long LABD last week under $4 up 5% Long DOG today at $14.20!!!!!!! Up about 1/2%
The S&P 500 hasn't declined 3%, either in a single day or over several days, since early November 2016. That's the longest period of calm in history, according to Bespoke Investment Group. More impressive: The S&P 500 hasn't suffered a 5% pullback since June 2016, weeks before Trump secured the GOP presidential nomination. It's the second-longest such streak ever, according to LPL Financial.