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Everbody got hammered today...
#12963665
11/12/18 10:22 PM
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Joined: Mar 2010
Posts: 25,830
T Bird
OP
TFF Guru
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OP
TFF Guru
Joined: Mar 2010
Posts: 25,830 |
Hate to be the turd in the punch bowel, but the S&P, Dow, Nasdaq, Oil, and Gold all got crushed today.
Totally can't understand why. Every economic report being publicized touts the strongest U.S. economy in many years.
Okie by birth, Texan by choice. USAF "Thunderbirds" Alumni 1985-1989
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Re: Everbody got hammered today...
[Re: T Bird]
#12963675
11/12/18 10:29 PM
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Joined: May 2002
Posts: 5,733
JCG57
TFF Celebrity
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TFF Celebrity
Joined: May 2002
Posts: 5,733 |
Market is a leading indicator of economic conditions. Having said that, it has a nasty habit of foreshadowing both real and phantom recessions.
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Re: Everbody got hammered today...
[Re: T Bird]
#12963699
11/12/18 10:52 PM
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Joined: Jan 2007
Posts: 1,588
kcb
Extreme Angler
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Extreme Angler
Joined: Jan 2007
Posts: 1,588 |
Red practically across the board. Many of the respected NASDQ stocks lost 5% today. Appl and Isrg to name a few. If you own some GE don't even look. It's been getting hit recently and is now down to what it was during the financial crisis.
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Re: Everbody got hammered today...
[Re: T Bird]
#12963704
11/12/18 10:58 PM
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Joined: Jan 2008
Posts: 13,596
Fishspanker
TFF Guru
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TFF Guru
Joined: Jan 2008
Posts: 13,596 |
Price of oil drop and a strong dollar.
The Sheep who only fears the Wolf is eaten by the Shepherd.
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