US stock market collapse again

[vi-va]

https://money.cnn.com/data/markets/

 

[hirobo2]

It's only a small blip. There is another circuit breaker at -13%. This would b the "big firecracker". I highly doubt Dow will ever drop -13% in a single day this year. US wants to save the big firecracker to spite China in 2022 after the Winter Olympics. They don't wanna waste the unplayed card so will do everything to prevent Dow from reaching level 2 circuit breaker in 2020...

 

[powastick]

The US so panicky with the stock market. Like somehow stock market bursting is worst than the corona.

 

[0xDEADBEEF]

It's only a small blip. There is another circuit breaker at -13%. This would b the "big firecracker". I highly doubt Dow will ever drop -13% in a single day this year. US wants to save the big firecracker to spite China in 2022 after the Winter Olympics. They don't wanna waste the unplayed card so will do everything to prevent Dow from reaching level 2 circuit breaker in 2020...

The Dow closed 2,997 points, or -12.9%, lower.
https://edition.cnn.com/business/live-news/stock-market-news-today-031620/index.html

 

[hirobo2]

Hurray!!! The bottom is (almost) here. I'm too lazy to look it up, but the market should bottom around 5% below the 2017/2018 S&P500 market low, whatever that price is. Did it go to this level today? Too lazy to look up S&P500 chart (my investing style is individual stocks not some conglomerate ETF/broad market index)...

Anyways, this bottom will be short lived. US intends to crash the stock market hard after China hosts Winter Olympics in 2022. That coming crash will make this Covid19 one look like a small joke in comparison...

 

[0xDEADBEEF]

Hurray!!! The bottom is (almost) here. I'm too lazy to look it up, but the market should bottom around 5% below the 2017/2018 S&P500 market low, whatever that price is. Did it go to this level today? Too lazy to look up S&P500 chart (my investing style is individual stocks not some conglomerate ETF/broad market index)...

Anyways, this bottom will be short lived. US intends to crash the stock market hard after China hosts Winter Olympics in 2022. That coming crash will make this Covid19 one look like a small joke in comparison...

I also think this market situation is not going to persist for very long soon markets will bounce back. But can you please explain why is US waiting for 2022? I mean what's your theory behind this

 

[FuturePAF]

The P/E ratio for many companies was nearly 100% inflated at 29,000; hence I don’t think it’s unreasonable to see the market bottom at 16-18k. On top of this, the disruption of Coronavirus induced shutdowns will almost certainly cause layoffs. It’s a vicious cycle that will only be stopped with the injection of more borrowing and a bailout. Boeing is down 23% today and 70% off it’s highs overall. They will certainly need a bailout or else there will be huge layoffs in Everett, WA. Washington state is also a major coronavirus hotspot.

 

[hirobo2]

I also think this market situation is not going to persist for very long soon markets will bounce back. But can you please explain why is US waiting for 2022? I mean what's your theory behind this

I'm a chartist. I trade stocks based on charts. Based on the market chart(s), I see no room for US stocks to go further up than the recent high in Feb 2020. Here's my own take on US market outlook in the near term (S&P500 daily chart from 2015-present):

 

[hirobo2]

I'm a chartist. I trade stocks based on charts. Based on the market chart(s), I see no room for US stocks to go further up than the recent high in Feb 2020. Here's my own take on US market outlook in the near term (S&P500 daily chart from 2015-present):

View attachment 614384

BTW, everyone keep this chart secret. Don't tell anyone!! This is US secret master plan for the next few years. I'm probably the only one in the world who figured it out... USA secretly helping China achieve master plan of prosperity by 2050. The world needs to be kept "poor" during the stock market crashes in order for ppl to want to buy cheap Chinese goods. It's how human psychology works. When they're rich, they're arrogant, conceited and luxury loving. This type won't help China grow its GDP....

 

[Beidou2020]

China will be the first and fastest to recover. US will be the among the last and slowest to recover.

 

[Han Patriot]

China will be the first and fastest to recover. US will be the among the last and slowest to recover.

Well its time for global realignment. Time to stop these parasites from feeding off the world. They are ahead technologically but industrially, they are behind. We need to move up the value chain and kill off their industries.

 

[Beidou2020]

Well its time for global realignment. Time to stop these parasites from feeding off the world. They are ahead technologically but industrially, they are behind. We need to move up the value chain and kill off their industries.

US is targeting China in semiconductor and software. These two areas must get high priority. It’s a national security issue.

 

[gambit]

This will be nth time the PDF finance 'experts' predicts the US economic 'collapse'.

 

[Han Patriot]

This will be nth time the PDF finance 'experts' predicts the US economic 'collapse'.

Just like the nth time predicting China will collapse. Lol

 

[zhxy]

US is targeting China in semiconductor and software. These two areas must get high priority. It’s a national security issue.

China needs to create its own operating system and develop its microprocessor system. Absolutely not trust the West