Market reaction to Trump's China tariffs? DOW crashes over 700 points!!!

Oh Yeah is nonetheless absolutely right. Never try to catch a falling knife though, wait until TA shows a sustained bounce.

 

Are you suggesting that Amazon does not have an agreement with the USPS?

https://twitter.com/SenWarren/status/980200747013898240

Even Warren see's issues with our trade with China.. Let me guess that is a "conspiracy" as well.

 

US tech companies are getting butchered by EU legislation. That is why their stock is plummetting.
Facebook just had a big scandal to boot.

 

4 months ago the Dow was at 24,300, so no.

And all I said was that what Trump was doing was disastrous, and you're trying to downplay a 10% drop in value over two months.

 

Okay, but I'm talking about the indices.

 

Those tech companies are registered on American Stock markets.
They make up a significant part of the loses being displayed on the US indices. Around one third of them was the figure given in the financials for the 700 point drop discussed in the OP.

 

The Dow only consists of 4 tech companies.

 

Christmas. I went by S&M 500. An earlier post raised this as reference and so I stuck with it.
Today it is 2584 Christmas it was 2630. I'm calling that the same. You can quibble if you like.

What Trump has been doing, taken over his term of office, is blinding. Amazing.
Stock market is up around 50%. Gone from long term stagnant to rapidly rising. That is the overall picture.

I am trying to downplay a drop of 10% over two months because you have described it a disaster. Which is overplaying it.
It is after all coming directly after a 10% gain in one month and not as you would prefer us all to conject wholly attributable to Trumps tariff announcements.
I don't wish to discuss this in terms of extremes. A loss is not good. It is bad. Trump's tariff announcements played a significant part of the fall.
But it's not a high drama so far.

 

S&M 500...? I assume you mean S&P, which currently sits at 2,583 and on Christmas was at 2,680. S&P hasn't been this low since early November.

 

Maybe you have never been in business, but it is not unusual to give discounts based on volume; nor is it unusual to do special things for your largest customers.
When it comes to China... You don't usually amputate a hand for a splinter in your finger.

 

If you only had money invested in the Dow on Mar 30, 2017 the Dow was at 20,728.49 and on Friday Mar. 29,2018 the Dow was at 24103.11 a gain of 16.28% on your money. As of a few minutes ago the Dow was at 23,552.86 still a gain of 13.63 % for the year. All I see is a correction of a overblown stock market. If your a short term thinker and try and time the market you will get crushed eventually. If your one to have put your money in a bank savings account the gains you have made on low interest rates you have lost to inflation. One needs to be diversified in their investments so that any one event doesn't have a major impact on your investments. If the Dow gets down to around 18,000 -19,000 I will admit we are in a Bear market.

 

Interesting so a business that takes a loss is giving one company a "deal" and you have no issue with that when that "business" is back by the tax payers.

So equal tariffs = amputation interesting.

 

If your giving heavy discounts to one customer, and losing money to keep that customer, but, yet that division of your business is profitable, I would suspect you are making your money at the expense of your other customers. I see by your China statement that fairness is not an issue with you.

 

I thought, perhaps, that the discussion might have migrated today towards a discussion on the abuses by Amazon of the USPS. Seems that mentioning that the USPS might be overburdened by the Amazon deliveries is making the USPS even more non profitable. So, Trump points it out, because has ANYONE ever seen in the media that Amazon wasn't taking advantage of the USPS?

 

Care to prove that the USPS is actually losing money on the deal? Because from what I've read, that information isn't even available to the public.

 

Which is close enough for me to ascertain my espoused trends from.
Apologies for my imprecision.

As far as I am concerned 100 points either way is not a significant figure.
Given that I'm not really baulking at 500 points, I'm sure you can understand how I have come to hold this perspective.

Lol S&M. hahaha.
Sorry. I'm not American.

 

100 points in an index that only sits at ~2,500 and only usually moves a few points a day is a pretty significant figure, and as stated your time-frame was thus off by over a month. Also, we're currently at a 650 pt loss on the Dow for the day.

 

Not to me it isn't mate.
I keep stocks for multiple decades at a time.

500 point loss gets my attention but won't alarm me until it is sustained and wouldn't strike me as being a disaster until it started matching, the banking crash or 9/11 for example.

I don't rule out a trade war instigating a stock market collapse of such magnitude.
But all I am seeing thus far is market jitters and a load of Trump bashers who quite frankly see doom in all things due to confirmation bias.

Stock isn't low enough for me to consider buying anything.

(I bought banks during the banking crash and airlines after 9/11).

 

Congrats, but you aren't the golden standard for the rest of the country.

We've had multiple over 500 pt losses in the past two months, and you already admitted that a loss of 6 months worth of gains would be considered a "disaster". K, well, currently we're at 5 months loss, so you claiming I'm overstating the severity here is a bit silly.

 

Dow is down over 700 points today alone. Keep your head in the sand as much as you'd like, I guess.

 

Stay calm. Don't panic.
I've lived through so much worse than this, so many many times.

There was a US stock market fall equally as big as this in January of last year and two the same size in 2016.

It's hardly an earthquake.

I'm not a member of your country mate. That you are, means I have to filter your appraisals for political bias.

I believe that most people own stocks as part of their pension schemes and are like me invested in them for multiples of decades at a time. Very few of us are day traders.
Although you have had multiple 500 point losses over the last month, you have also had multiple 500 point gains in the days right after.
And I expect today's losses to be largely made up in the next few days just as the previous ones were. And indeed that;s the normal pattern for these things.
The money withdrawn will get reinvested somewhere.

I haven't said anything about 6 months of losses being a disaster. And taken over 6 months I'm not actually seeing any loses.
The two disasters I have given reference to are the banking crash and 9/11.

 

Well, okay, you have a pretty high bar for what constitutes a disaster. I appreciate your attempts to downplay my rhetoric, but if you think that erasing 5 months worth of gains is "normal", you're incredibly naive.

 

http://fortune.com/2017/07/16/amazon-postal-service-subsidy/ Draw your own conclusions. I guess the real truth will be unveiled in the next few weeks. I would predict that it won't be long before Amazon does all their own shipping leaving the USPS and FedEx in the dust. They sort of remind me of Walmart, destroyers of the small businessman. Turning small town storefronts into distressed vacant wastelands.

 

Yeah... I'm gonna go ahead and wait for a more thorough analysis from a less biased source. Not saying that it isn't totally possible that Amazon is gaming the system, but we need a bit more of a level-headed reveal here.