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teeitup
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1500 (maybe 1600) points this week. Whose fault?
Dec 7 2018 12:51PM more by teeitup
Tags: LA, Current Events (All tags)

Discuss...
      
There are 26 comments on this blog.
loucfirr1
LA, CA
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Dec 7 2018 12:56PM     link to this

The dems can blame Trump for the 1600 loss if they give him credit for the 3700 he is still ahead.
jammerman
Central Coast, CA
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Dec 7 2018 02:10PM     link to this

It will come back next week when the tariffs are worked out and the feds start talking about holding the interest rates. Don’t jump out the window just yet
darknesssvisible
LA, CA
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Dec 7 2018 02:18PM     link to this

anyone think this is a buying opportunity? crapple is approaching 52 week lows. at 160 i may jump back in.
AFMadness
Inland Empire, CA
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Dec 7 2018 02:53PM     link to this

No fault, it's by design.
AlexisSweet69
Corona, Inland Empire, CA
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Dec 7 2018 03:09PM     link to this

That's alot of FX Points!
PlasticinePorter
City of San Diego, San Diego, CA
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Dec 7 2018 03:15PM     link to this

Yeah everyone's gonna be so proud when the coal industry has a boom because a coal lobbyist was made head of the EPA and the administration doesn't believe in science. SMH
jammerman
Central Coast, CA
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Dec 7 2018 03:38PM     link to this

The coal industry has absolutely nothing to do with the losses
teeitup
Massachusetts
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Dec 7 2018 04:37PM     link to this

^^^Probably not with the Weihui CFO arrest, big changes in Tramp Admin. personnel, Mueller news, more signs of slowing economy (?). Central Bank interest rate meeting could be the only positive, IF they don't raise rates. And even if the don't raise will only be a temporary boost to Dow. Oh, and if British Parliament votes down Brexit plan, will hurt Dow.

MAGA! (My Ass Getting Aggravated)
teeitup
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Dec 7 2018 04:50PM     link to this

Hope you go hunting with The Dick, Cheney. Don't worry when he turns toward you...the gun isn't loaded...but I hope he is

Merry Chanukka
lasingleguy
Irvine, OC, CA
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Dec 7 2018 04:51PM     link to this

FX points?
teeitup
Massachusetts
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Dec 7 2018 04:55PM     link to this

^^^^No....but you may want to check your wallet.
jammerman
Central Coast, CA
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Dec 7 2018 06:45PM     link to this

Wrong, thd feds talking about raising interest rates and the trade dispute with China caused the stock market to temporarily slump. It will be back soon.Gloom and doom is a losers outlook
Angler1
CA
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Dec 7 2018 06:49PM     link to this

and a anti-Trump Democrap..
cgem
SGV, LA, CA
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Dec 7 2018 07:58PM     link to this

Almost all industries, particularly the farming industries are slowing productions. That means less employment, less supplies needed, cutback on operations...etc. All that will result in decrease in employment and money in everyone's pocket.

On top of this, inflation will rise due to high tariffs imposed by our own gov't on almost everything essential. Which will result in interest rate increase. That will lead to further sell off in the stock market. And devaluing commercial and residential real estate.

We saw what happened in sub-prime alone in 2007. Now we might have a fundamental slowdown caused by tariffs. Trump has not thought it through. He's dependent on the right wing hawks on cold -war mentality macro economy instead of globalism. You can't correct a 2 decade problem with a stroke of the pen. You need at least another 8-10 years to methodically target our trade partners with outrageous surplus. There are too much uncertainty here. Trump should not gamble with our fundamentals like a businessman. That's not the job for a president. And you can bet China's Xi going to hit US when you least expect it. Its coming.

You want to know the difference between China and US.

Watch this link
Attached Links
https://www.ted.com/talks/graham_allison_is_war_between_china_and_the_us_inevitable
cgem
SGV, LA, CA
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Dec 7 2018 08:40PM     link to this

^^^ tell that to the Bushes and Obama. Clinton was the one with the hard on against China.
If the Bushes and Obamas have never been born, Japan, Germany and India would've replaced what China is today. The US is still getting fucked though, instead of "Chicom", our allies.

And just to show the kind of stupidity you possess, before China even launch those nukes, its all over anyways. Can't believe a 55yo makes a stupid comment like that. Human stupidity is infinite.
teeitup
Massachusetts
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Dec 7 2018 09:15PM     link to this

Dirty Cat, he talkin to you? Did you crap on his lawn?
cgem
SGV, LA, CA
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Dec 8 2018 01:41AM     link to this

Asked how Carriers employees are doing these days in Indiana.

And those steel workers in Mississippi and Georgia, boy are they having so much fun getting laid off.

Don't forget GM's fucking bonfire. They sell 4x better in China than here. And closing plants in Michigan, Ohio and Maryland. 8000 jobs gone, affecting up and down stream 40000 households in immediate local terms. Yeah, MAGA, what a fucking joke. And Trump is threatening about cutting off "subsidies" to GM, while at the same time blame China for subsidizing for their own industries? Yeah, explain that to the Chinese. Good fucking luck.

Oh, Tesla is opening up new factories in China too. I thought we are here to MAGA. Not MCGA.

And that tax cut that he's promised on the middle class, kiss that fucking thing goodbye too.

Didn't we all thought Odumacare was bad and would raised healthcare cost? Look at the fucking rate increase in health insurance for 2019, on average a 27% increase for my age range. WTF?

And inflation is going way up. Interest rate is also going up. MAGA? This same shit was happening during the Carter years. How the fuck does that make MAGA, you fat fuck.

I thought Oduma was bad, this fucker Trump is worse. Guy has no long term plan but simply short term patches. He's not a leader, just a politician. Leader has long term strategy, Trump has short term tactics. He is getting killed by China's President Xi.

And you asked what he did in the past 2 years? just wtf do you think he did? All these proclamation on trade treaties, has anyone of them been signed and confirmed? NONE. Just talks. We didn't even get a better deal against Canada, just some fucking diary deal that's worth a few hundred millions. Not enough to show up on the percentages. That ain't no victory, its bullshit. We didn't get a better deal on steels and commodities, we didn't even get a better deal on pipelines for natural gas that we fucking invested in. MAGA? Fuck him. He hasn't made America great in ANYTHING. Just a bunch of Rednecks pumping their chests and pounding sand. The soft power that we used to project on Asia and Europe are completely gone. The longterm damages he caused is going to cause us more money in the future. Fucking hell, one of the most loyal alliy in Philippines has turn 180 on us. We are even losing Taiwan as we speak as they just had a midterm election that killed the pro-Trump gov't.

What has he done in the past 2 years? Get a fucking life and crawl out of that fucking rock of yours and look at the real macro economics. We are getting fucked by Trump in a way much worse than fucking Oduma. All Trump has to do is listen to Kudlow, Ross, and Mnuchin instead of Navarro and Lighthizer. Whats the difference you asked? One side are realists and real corporate leaders, the other side fucking bookworm academics. Just when the fuck do we listen to academics on trade? Fucking Trump that is. What a fucking moron. How the fuck are you going to bring those manufacturing jobs back when fucking China is outsourcing those jobs to other countries? How? Fucking wave a magic wand and sign more executive orders?

And losing the fucking House to the Libs just caused him semi-lame duck. How the fuck will anything get done when Libs control the House and has the power to deny ANY trade agreement or reject treaties of any kind being proposed by POTUS? How?



Raspberry8951
Pasadena, SGV, LA, CA
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Dec 8 2018 06:38AM     link to this

Just 11 more days of negative 500 drops and we will be where we started. The drop in the Dow Jones shows a Wave 3 in the Elliot Wave Theory. I am going let my short play out.

This has been the best Christmas- Chanukah ever.

NOM-NOM if Don Jr gets Indicted and Convicted and Pardoned the Market will react badly.
teeitup
Massachusetts
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Dec 8 2018 10:33AM     link to this

Hey Raspberry, got 2000 FX...I need to buy myself a present.
Detroit51
OC, CA
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Dec 8 2018 11:29AM     link to this

I have been buying s&p puts for months. A full on recession will make me a huge profit. I should have been buying QQQ puts instead but I have a great paper profit already.I also sold the last of my rentals a few months ago. If the market recovers next week I will buy more puts. I truly believe the idiot in the white house will do something monumentally stupid that the market will crash and my puts will be worth $$$$$$$$ !!!!ll
Detroit51
OC, CA
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Dec 8 2018 11:30AM     link to this

I have been buying s&p puts for months. A full on recession will make me a huge profit. I should have been buying QQQ puts instead but I have a great paper profit already.I also sold the last of my rentals a few months ago. If the market recovers next week I will buy more puts. I truly believe the idiot in the white house will do something monumentally stupid that the market will crash and my puts will be worth $$$$$$$$ !!!!ll
teeitup
Massachusetts
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Dec 8 2018 11:31AM     link to this

Detroit, got 2000 FX. I need to buy myself a present.
Detroit51
OC, CA
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Dec 8 2018 11:41AM     link to this

Stupid ipod!!! Double posted!
Detroit51
OC, CA
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Dec 8 2018 11:51AM     link to this

By the way, the senate, not the house has the power to approve or block tarriffs. They are still all sycophants and toadies to anything he wants. Trump will serve our his term and with the help of voter fraud like in the ND ninth be re elected or simply cancel the 2020 election. It's like his supporters say on their tshirts...Better Russian than Democrat.
cgem
SGV, LA, CA
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Dec 8 2018 11:55AM     link to this

tvix made me close to 50% in the past months. there are massive puts on aapl and nvda. made a killing shorting rye nvda. how fucking ironic, trump is MAGA for shorts lol. what a fucking douchebag of a president. fucking embarrassing.

the next wave getting crush is semi conductors. without china buying, somebody is gonna catch a cold.
cgem
SGV, LA, CA
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Dec 8 2018 11:57AM     link to this

detriot, semi right, HOUSE can also block trade agreement only but cannot modify the terms. need 2/3 votes either way.

Libs still got the up and down veto votes.

There are 26 comments on this blog.