The Conservative Cave

Current Events => The DUmpster => Topic started by: CC27 on May 18, 2022, 01:38:56 PM

Title: Don't look at your 401K... DOW down 1100+ AGAIN.
Post by: CC27 on May 18, 2022, 01:38:56 PM
Quote
Star Member WarGamer (5,437 posts)


Don't look at your 401K... DOW down 1100+ AGAIN.

Bad day unless you shorted SPY at EOD yesterday...

I had a few puts but sold too early this morning and missed a 25X return.

On the bright side, ****erberg, Musk and Bezos are losing billions today.

Jerome Powell yesterday after FOMC meeting...

"I can't guarantee a soft landing"... possibly "softish".

(https://i0.wp.com/filthydreams.org/wp-content/uploads/2018/05/fb4.gif)

https://www.democraticunderground.com/100216704621

I have a feeling this DUmmie saw this on Facebook and posted it at the DUmp.
Title: Re: Don't look at your 401K... DOW down 1100+ AGAIN.
Post by: Texacon on May 18, 2022, 01:42:32 PM
Jeeze these people are stupid.  Huge indicator of how the economy is, and they mentioned it a LOT when Trump was president, now it's all "meh, no big deal, Biden didn't do it, doesn't affect me ... blah, blah, blah."

I wonder how many of them realize places like insurance companies get some of their proceeds from the market and if it drops, they raise premiums.  Or at least they used to, I don't know about now.

KC
Title: Re: Don't look at your 401K... DOW down 1100+ AGAIN.
Post by: USA4ME on May 18, 2022, 02:32:23 PM
Wargamer primitive acting like they’re winning in the market when the case is they’re either losing big time or they don’t have 2 nickels to rub together to put into the market.

Attn primitives, don’t try this junk. None of you are smarter than any of us. We know you’re lying.

.
Title: Re: Don't look at your 401K... DOW down 1100+ AGAIN.
Post by: jukin on May 18, 2022, 04:23:19 PM
Ad this inflated gain since Joey the pedophile has been in office by $6 trillion in borrowing and $5 trillion in Fed QE injections has been erased.

"THE BIDEN ECONOMIC PLAN IS WORKING!"
Joey the Pedophile
Title: Re: Don't look at your 401K... DOW down 1100+ AGAIN.
Post by: SVPete on May 18, 2022, 04:30:20 PM
 :ownit:


(https://rlv.zcache.com/biden_i_did_that_funny_anti_biden_sticker-r06e626a2d3764deab2d1ed5550c60681_08m34_630.jpg)
Title: Re: Don't look at your 401K... DOW down 1100+ AGAIN.
Post by: landofconfusion80 on May 18, 2022, 09:49:02 PM
You don't lose anything if you don't sell in a drop.
Title: Re: Don't look at your 401K... DOW down 1100+ AGAIN.
Post by: Karin on May 19, 2022, 08:15:06 AM
From another thread:

Quote
Star Member at140 (5,680 posts)

9. Economy did great with those stimulus checks

Just send every American a $5000 deposit to their bank account,
and see how fast the stocks go up, retail sales pick up and economy booms again.

How economically illiterate can you get?

And this DUmmie thinks he knows why the Dow tanked:

Quote
Lovie777 (3,957 posts)

7. I thought because of the GQP's winners in the primary ...

last night.

https://www.democraticunderground.com/10142918815 (https://www.democraticunderground.com/10142918815)
Title: Re: Don't look at your 401K... DOW down 1100+ AGAIN.
Post by: SVPete on May 19, 2022, 08:31:28 AM
Quote
Lovie777 (3,957 posts)

7. I thought because of the GQP's winners in the primary ...

last night.

The DJIA has been down - with a brief partial recovery and plateau - since peaking around January 4, 2022, https://finance.yahoo.com/quote/^DJI/chart/#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- (https://finance.yahoo.com/quote/^DJI/chart/#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-) . The DJIA is down ~4,000 in 2022, so far, not that facts matter on DU.
Title: Re: Don't look at your 401K... DOW down 1100+ AGAIN.
Post by: DefiantSix on May 19, 2022, 08:42:10 AM
...And this DUmmie thinks he knows why the Dow tanked:

Quote
Lovie777 (3,957 posts)

7. I thought because of the GQP's winners in the primary ...

last night.


DUmmies think lots of things that have very little grounding in reality. It's why they're DUmmies...
Title: Re: Don't look at your 401K... DOW down 1100+ AGAIN.
Post by: 67 Rover on May 19, 2022, 09:05:17 AM
Quote
Star Member at140 (5,680 posts)

9. Economy did great with those stimulus checks

Just send every American a $5000 deposit to their bank account,
and see how fast the stocks go up, retail sales pick up and economy booms again.

Let me guess another Boston University graduate.  :banghead:
Title: Re: Don't look at your 401K... DOW down 1100+ AGAIN.
Post by: SVPete on May 19, 2022, 09:15:32 AM
Let me guess another Boston University graduate.  :banghead:

Or drop-out, same thing basically. :rimshot:
Title: Re: Don't look at your 401K... DOW down 1100+ AGAIN.
Post by: Aristotelian on May 19, 2022, 09:41:45 AM
Quote from: Star Member at140 (5,680 posts)
9. Economy did great with those stimulus checks

Just send every American a $5000 deposit to their bank account,
and see how fast the stocks go up, retail sales pick up and economy booms again.

Absolutely - but why stop at $5000, let's make that $500,000. Those people will be spending thousands upon thousands, the stock will be worth millions...and let's ignore the fact that those millions won't be able to buy anything more than a single coffee.
Title: Re: Don't look at your 401K... DOW down 1100+ AGAIN.
Post by: Ralph Wiggum on May 19, 2022, 01:58:46 PM
Anyone remember when the Dow plummeted during the President GW Bush terms and President Trump and the DUmmies were positively orgasmic? Pepperidge Farms does.
Title: Re: Don't look at your 401K... DOW down 1100+ AGAIN.
Post by: jukin on May 19, 2022, 04:24:21 PM
So the major indices are all lower than when Joey Shits His Pants was illegally installed as pretendent.
Title: Re: Don't look at your 401K... DOW down 1100+ AGAIN.
Post by: I_B_Perky on May 22, 2022, 05:43:42 PM
Jeeze these people are stupid.  Huge indicator of how the economy is, and they mentioned it a LOT when Trump was president, now it's all "meh, no big deal, Biden didn't do it, doesn't affect me ... blah, blah, blah."

I wonder how many of them realize places like insurance companies get some of their proceeds from the market and if it drops, they raise premiums.  Or at least they used to, I don't know about now.

KC

Survey says:
NOT A ONE!
Title: Re: Don't look at your 401K... DOW down 1100+ AGAIN.
Post by: CollectivismMustDie on May 22, 2022, 07:03:40 PM
Quote
Star Member at140 (5,680 posts)

9. Economy did great with those stimulus checks

Just send every American a $5000 deposit to their bank account,
and see how fast the stocks go up, retail sales pick up and economy booms again.

Understanding cause and effect is something they dare not do.

Mamet made right, again.
Title: Re: Don't look at your 401K... DOW down 1100+ AGAIN.
Post by: Rebel on May 22, 2022, 08:40:46 PM
My 401K was kicking ASS under Trump. SUCKING ASS under Biden. GFYS Biden voters.
Title: Re: Don't look at your 401K... DOW down 1100+ AGAIN.
Post by: freedumb2003b on May 22, 2022, 09:02:24 PM
Ad this inflated gain since Joey the pedophile has been in office by $6 trillion in borrowing and $5 trillion in Fed QE injections has been erased.

"THE BIDEN ECONOMIC PLAN IS WORKING!"
Joey the Pedophile

It has cost my portfolio over $300,000. At this rate a lifetime of saving will be wiped out inside a few years. My wealth advisor exoects there to be a positive correctiin "soon." God I hope so - I am praying the midterm red wave will pull my chestnuts out of the fire.

And I am broadly invested, too!