Today Market

How Deep a Selloff Is in Store for the Markets? - RealMoney

One additional selling catalyst Friday was a delayed “sell the response” to very strong earnings from Apple (AAPL) , in particular.

Bears took down :sob: AAPL on Friday.

It is important to keep in mind that corrective action like we saw Friday tends to be index-driven.

In other words, some stocks would be “unfairly punished”.

A number of strategists are predicting significant pullbacks of 10% or so…

Guess have to wait and buy more :grinning:

:scream: Why? Declining interest rate to may be even negative lead to exploding asset inflation?
Anyhoo, given current global monetary system (central bank/ fiat money/ fractional banking), long term should not hold cash, always RE (min owned a Primary) + stock equities (at least S&P index fund/ETF).

Or not able to withdraw your money from banks some day! Buy bitcoin?

Qe and easy money forever

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@caiguycaiguy gave me a shock until I read the article,

Meanwhile, Hong Kong’s Hang Seng index rose 0.59% as shares of Chinese tech juggernauts Tencent and Alibaba jumped 2.09% and 1.7%, respectively.

I have BABA and TCEHY. Shouldn’t quarantine and travel restrictions mean people have to stay at home? So can only buy via e-commerce (BABA), watch online videos (BABA, TCEHY, IQ), and play video games (TCEHY).

Futures rocket! Guess WS is aware of Gilead’s remdesivir.

With years of experience with market, you should know by now, it is not about coronavirus, but is used as scapegoat ! Market has to correct to 8% to 10% level and then turn back ! This is like ocean wave !

Who makes money? Wall Street and big banks!

Apple, Intel, and Other China-Exposed Stocks to Buy on the Dip

These stocks could be vulnerable if worries around the coronavirus and Chinese economy escalate, and should remain under pressure until the outbreak is brought under control. That makes them a good buy. Many of the listed names are in the semiconductors, autos, and tech hardware sector, including Apple (ticker: AAPL), Intel (INTC), Nvidia (NVDA), TE Connectivity (TEL), and Western Digital (WDC).

WDC means MU too. Have been waiting for NVDA to fall back to the Earth.

Citigroup economist Li-Gang Liu expects China’s GDP growth to slow down to 4.8% in the first quarter of 2020, and has cut his forecast for the full year to 5.5% from 5.8%. The outbreak is expected to peak in March, Citi strategists estimate, and Asian equity markets are likely to keep falling until there are signs infections are leveling out.

Mar? So can go on a holiday now.

@manch doesn’t agree with you.

Every time WS can find a rock solid reason for correction. However, won’t this virus stall China’s economy and its tech prowess? Which mean better profit for US internet and semiconductor companies, right? US no longer needs to worry about China 2025, definitely can’t meet that target. What Trump try to achieve using Tariff war is achieved by this virus. So less urgency for Phase 2. In conclusion, the euphoria for cloud computing/ SAAS/ AI/ ML businesses would continue.

Obviously they watch videos :slight_smile:
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and surf web mindlessly :smiley:

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and buy some craps :smile:

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Well, don’t play video games much,

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Manch is right in absolute term about the impact.

Do you think coronavirus is 30-45 days impact or 3+ years impact?

You have seen 600+ points DOW with trump tweet and then next day it comes back ! Like that, they bring down the market in the name of coronavirus.

US stock market will forget about coronavirus after 30-45 days (and after correcting just 10%). Market makers bring down the market deliberately with some scapegoat reason. They (Market makers) make money during this swing. They are the creators of the swing and they know when it drops and when it stops !

People believe this, that is the issue. People also forget this after 30-45 days.

U.S. stock futures added to Monday’s gains, with the Dow up more than 300 points in early trading. In China, the Shanghai Composite recouped some of Monday’s more than 7% decline, rising 1.34% during Tuesday’s session even as confirmed coronavirus cases rose.

Nobody care about the nCov-2019 anymore since Gilead’s rremdesivir is likely to be effective against the nCov-2019. It doesn’t seem lethal at all. Can view it as common flu. Soon we have to wonder what was the scare about.

Now, do you see how they(WS) play?

They make and break the market = do things as usual

News media find a scapegoat reason and scare the people, timid people sell away

Then, bring up the market, everyone forgets what is coronavirus until news/media brings again.


@Jil Why is your favorite stock, GOOG is red :disappointed: This is a nutty bull market, any selling quickly becomes seller remorse.

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I bought some GOOGL today, BTFD ! Same way, I bought more BYND when it was $103.5 ! Buy low, sell high !!

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Market doesn’t care about the Iowa election . Btw Trump won

Tomorrow is like another mad bull day.

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Where are coronavirus scary stories…media says scary stories after market falls as if it is true reason but not !

Do not trust media analysts

What happened?

Happy days is over?

Surge in coronavirus cases in the last 24 hours.