Investing General Discussion

Tredge

Tredge

Ahn'Qiraj Raider
1,176
5,711
Cad said:
Up 10% one day and down 5% the next day on no new news just makes zero sense. The China tariffs were announced in the same tweet or truth as the 90 day pause, its not like thats new.
Click to expand...
This is normal.
Historically, the larger the single day gain, the larger the drop the following day - usually due to profit taking.

- After the 11.58% gain on October 13, 2008 (financial crisis relief plan), the market fell 0.77% the next day
- After the 10.79% gain on October 28, 2008, the market dropped 5.20% the next day
- After the 9.38% gain on March 24, 2020 (COVID stimulus), the market fell 2.93% the next day
 
  • 1Like
Reactions: 1 user
Captain Suave

Captain Suave

Caesar si viveret, ad remum dareris.
5,643
9,703
Jysin said:
White House clarifying
Click to expand...


Fx No GIF by Fargo
 
  • 1Worf
Reactions: 1 user
Jysin

Jysin

Ahn'Qiraj Raider
6,772
4,891
Likely should short BMW, MB, VW, Audi into the ground if this passes. China vehicles are literally less than half the price.

12:41(CN) Reportedly EU agrees to start negotiations to abolish tariffs on Chinese EVs - press - Source TradeTheNews.com
 
  • 1WTF
  • 1Mother of God
Reactions: 1 users
Juvarisx

Juvarisx

Florida
4,264
4,750
Tredge said:
This is normal.
Historically, the larger the single day gain, the larger the drop the following day - usually due to profit taking.

- After the 11.58% gain on October 13, 2008 (financial crisis relief plan), the market fell 0.77% the next day
- After the 10.79% gain on October 28, 2008, the market dropped 5.20% the next day
- After the 9.38% gain on March 24, 2020 (COVID stimulus), the market fell 2.93% the next day
Click to expand...

"Normal"

Down 4.6% which really only compares to Oct 2008. Gotta love the new normal, this shit was self inflicted.
 
  • 1Like
Reactions: 1 user
Jysin

Jysin

Ahn'Qiraj Raider
6,772
4,891
15:44(CN) Reportedly Trump Admin considering delisting shares of Chinese public companies on US exchanges - press - Source TradeTheNews.com

Careful if you've got BABA, JD, etc!
 
  • 2Worf
  • 1Like
Reactions: 2 users
Haus

Haus

I am Big Balls!
<Silver Donator>
14,645
59,646
Big Phoenix said:
China has dumped a shitload of treasuries this week. 10 year up half a percent so far and it's not even Friday.

View attachment 581896
Click to expand...

Sanrith Descartes said:
China is still playing with the decades old mentality that they can "crush our economy" by selling their US Treasuries. They are wrong.
Click to expand...

Question becomes... How much in treasuries do they have to dump? And it does sound like a "You only have so many bullets in that magazine there chief..." scenario.
 
You must log in or register to reply here.