Stock Market: The Thread

[fan_since79]

AAPL down 14% this month.

 

Wow.

[Jay]

Making a list of things to buy here on the dip.

 

What do you think of 3D printing, e.g. SSYS

 

Beaten down but it's a legit technology with huge potential.

[Jay]

Also look at cyber security, good grief it's been crushed.  PANW is down almost 19% since it's peak a month ago.

 

Some opportunities out there when the dust settles.

 

Bio's have been hammered.

 

Even NFLX, glamour stock of the year is down 15% in the last few days.

[fan_since79]

Worst week for the market since 2011.

 

Latest reading on China's manufacturing index: dreadful.

 

The threat of a deflationary recession is very real. 

[Jay]

These days are the best!

 

TWTR is still in free-fall. 

Keep an eye out for someone like Icahn to come in and buy a bunch while it's cheap if he thinks he can get it propped back up.

If he does, jump in.

I've lazily followed his moves a few times and made a bundle (e.g., netflix).

 

 

Not everything Icahn touches turns to gold.  See: FDML

[HaloFan85]

Dow approaching 500 point loss.

[Jay]

wow

 

 

crushed

[HaloFan85]

With many saying the worst yet to come.

 

Many are predicting September or October as being when shit's really gonna get real for the world markets.

[fan_since79]

Have some serious cash on hand. Water, ammo, and other supplies not a bad idea either.

 

Baseball might be the last thing on people's minds if things turn ugly.

[mrwicked]

Sweet.

I love cheap stocks.

[fan_since79]

Sweet.

I love cheap stocks.

 

The problem is timing it.

 

This downturn may be just beginning.

[HaloFan85]

Down 530 points for today and over 1000 for the week.

 

Wasn't the week loss total for the 2008 crash about 1800 points?

[mrwicked]

The problem is timing it.

 

This downturn may be just beginning.

 

Rule #1: don't try and time the stock market. You will lose.

Have a consistent plan, and stick to it. Downturns will happen, and they are where you can make a lot of money.

Think long term.

Isn't buying cheap better than buying expensive?

[Schildog]

Have some serious cash on hand. Water, ammo, and other supplies not a bad idea either.

Baseball might be the last thing on people's minds if things turn ugly.

Fan since 79 ladies and gentlemen.

[Catwhoshatinthehat]

The markets went up in part due to optimism, overvaluation and the belief that things were only going to get better.  Now that things are declining it's the end of the world and you can see that fear in the sell off.  As far as needing cash, water, ammo and other supplies one of these is not like the other...no one would give a shit about cash in the situation being hinted at.  Enjoy selling low and buying high chicken little's.   

[fan_since79]

Watch out for China tonight. 

[ten ocho recon scout]

How do you go about investing in stocks? Like your personal bank?

[Brandon]

Just start a TD Ameritrade or similar site account. Some people go through a broker and let them buy/sell for them. But I think most self trade. Start an IRA and put the max, $5500, every year (it's tax deductible) and have fun.

If you put in the max every year and pick solid long term winners you'll be fine.

[Adam]

The stock market increases by 10% annually and has for like 80 years. Think long term. If it does crash then everyone is effed.

[gotbeer]

Oh shit.  The Asian stocks are tanking on Monday.  Currently, Nikkei is down 3.33%, China is down 4.64%.  

[fan_since79]

Oh shit.  The Asian stocks are tanking on Monday.  Currently, Nikkei is down 3.33%, China is down 4.64%.  

 

The Shanghai index is down 8.45%

 

Dow futures are down 400 points.

 

It's gonna be ugly. Stocks will be cheap when this is over, but the question is, when will it be over?

[gotbeer]

So you guys are more knowledgable than I am in this stuff.  Will this reverberate into like Housing prices and employment?  In 2009 or whenever it was, it pretty much took out everything, and finally looked stable in the last few years.  

[fan_since79]

So you guys are more knowledgable than I am in this stuff.  Will this reverberate into like Housing prices and employment?  In 2009 or whenever it was, it pretty much took out everything, and finally looked stable in the last few years.  

 

I'm no expert, but here's my opinion. We could be in for a deflationary recession. Prices, wages, everything drops, especially commodity prices as manufacturing and production slows. Massive layoffs, housing declines, etc. China is slowing down big time and that drives the global economy in a significant way.

 

And it was the Fall of 2008 when everything went bad the last time. The market started rising again in March of 2009. The Dow went from 6,500 on March 9th to over 18,000 in only 6 years. So be ready to buy again after this whole crash is over (if there is a crash).

 

I could be totally wrong here. I have been before. Take my opinion with a large grain of salt.

Edited August 24, 2015 by fan_since79

[fan_since79]

If I had to give any advice, I would stay away from tech, energy, and biotechnology stocks. They've got more downside, considerably more. Biotech stocks, especially, have had a huge run-up, and the bubble is bursting.

 

And emerging markets. They're getting slaughtered.

 

Cash is good to have in a deflationary environment.

Edited August 24, 2015 by fan_since79

[HaloFan85]

Markets across the world are taking hits today.  With 2008 still fresh in everyone's mind, panic may set in very early come Monday morning.