Anybody Buying Yet? Where’s the Bottom?

[Bonasababy]

Thinking that the vast majority of Americans have a 401k is the definition of tone deaf view.

New Data Reveal Inequality in Retirement Account Ownership

The Survey of Income and Program Participation shows how many people are saving for retirement.

www.census.gov

Never said the majority have 401K's, what I said was meant to imply that jumping with joy at the ability to make bank off of day trading due to recent actions is tone deaf.

But since you mention it, I don't see 457's listed in the accounting in that article. That discounts a significant number of folks.

Of course I would not be surprised if you think those people shouldn't count.

 

[stealthy_bowman]

China sold $50B in US treasuries.

That was over a year ago and they are sitting on $800B. They sell that and it triggers a chain reaction of other countries selling US debt, sending our rates higher, much higher.

 

[Rainer]

That is being talked about here. Canada, UK and the EU joining as one group to try and force this nonsense to stop. If China and the Japanese stepped up to, it could be disastrous for everyone.

 

[JAG]

DCA sure but until tariffs are done we have more red to come

Yep, Trump's primary goal isn't to earn more money from tariffs, but to balance trade- hopefully not evenly, but a better balance.

More dead cat bounces to come.

 

[homers]

Retaliatory tariffs go into effect tomorrow. Should be an interesting day on Wall Street

 

[seeth07]

Never said the majority have 401K's, what I said was meant to imply that jumping with joy at the ability to make bank off of day trading due to recent actions is tone deaf

The 401k will rebound and you are actually going to end out of this better because the bi weekly contributions into it are going to end up buying more stock due to the lower prices.

So why not also take advantage and make money as well day trading if you know what you're doing?

It's a win win

 

[seeth07]

I don't think this was posted in here yet was it?

Well worth listening to

 

[brymoore]

That was over a year ago and they are sitting on $800B. They sell that and it triggers a chain reaction of other countries selling US debt, sending our rates higher, much higher.

https://twitter.com/x/status/1909423972904845711

Quick find. I saw it somewhere. I It was the other day.

 

[Irrelevant]

So much winning.

BHR is going to win that damn bet yet!

 

[NDGuy]

So much winning.
View attachment 367244
BHR is going to win that damn bet yet!

Goddamn AMD has gotten rocked

 

[stealthy_bowman]

https://twitter.com/x/status/1909423972904845711

Quick find. I saw it somewhere. I It was the other day.

If they did do another round of selling that definitely explains why bond yields spiked yesterday and bond prices tanked. I totally disagree with that guy though, they sell the whole thing and the consequences will be real and other countries will follow suit.

 

[Irrelevant]

Goddamn AMD has gotten rocked

And that is why I don't try to time the market. I have sworn, a half a dozen times or more, that AMD is the next hit. And it never is...

 

[NDGuy]

And that is why I don't try to time the market. I have sworn, a half a dozen times or more, that AMD is the next hit. And it never is...

I sold a good chunk when it was above $160 never thought it would get cut in half and worse from there in the next year

 

[more_cowbell]

And that is why I don't try to time the market. I have sworn, a half a dozen times or more, that AMD is the next hit. And it never is...

There's a reason even last year some people referred to it as "Advanced Money Destroyer"

 

[SAJ-99]

China is unwinding treasuries. If others follow, there will be a rush to cash. Be very careful.

 

[Treeshark]

Today is looking like another doozy…

 

[Sytes]

Those looking for a start for buying into the dip:

(Bloomberg) — The S&P 500 stock index (^GSPC) has dropped to a level where long-term investors are starting to buy the dip, according to Goldman Sachs Group Inc. partner John Flood.

The US stock index is flirting with bear market levels after plunging nearly 19% since its February peak. The benchmark closed below the 5,000 level for the first time in nearly a year on Tuesday after the US administration implemented reciprocal tariffs on trading partners, boosting recession risk.

“From my conversations with longer-duration investors, it feels like they will start scale buying the S&P 500 at 5,000 and get more aggressive in the mid-4,000s,” Flood wrote in a note to clients on Tuesday.

 

[stealthy_bowman]

China is unwinding treasuries. If others follow, there will be a rush to cash. Be very careful.

View attachment 367274

100%. This is exactly what I was worried about in my post yesterday. Looks like the chain reaction of unloading treasury’s has started. Game over for the USA. Trump has managed to sink the country in less than 3 months in office.

 

[mxracer317]

100%. This is exactly what I was worried about in my post yesterday. Looks like the chain reaction of unloading treasury’s has started. Game over for the USA. Trump has managed to sink the country in less than 3 months in office.

Dude, do you understand P/E ratios? Stocks were/are still way overvalued. They were fragile to begin with. Any investor who understands stocks knew that ANY negative news/events would have caused this.

Healthy markets pull back. When PE ratios come down, the market is healthy again. It’s pretty clear you hate Trump. You’ve made your point known.

Thinking that Trump destroyed the market and that the market was healthy to begin with —it was not.

So if you’re gonna focus on what’s going on with the market, understand that anything negative would’ve triggered this.

And if you look at historicals, when markets go down, they tend to typically rally up pretty strong afterwards.

As much as you hate Trump, you have an opportunity that just smacked you in the face to buy stocks on sale.

 

[406dn]

Dude, do you understand P/E ratios? Stocks were/are still way overvalued. They were fragile to begin with. Any investor who understands stocks knew that ANY negative news/events would have caused this.

Healthy markets pull back. When PE ratios come down, the market is healthy again. It’s pretty clear you hate Trump. You’ve made your point known.

Thinking that Trump destroyed the market and that the market was healthy to begin with —it was not.

So if you’re gonna focus on what’s going on with the market, understand that anything negative would’ve triggered this.

Nice try.

This is an own goal, no matter how you slice it. Trump willfully created the bad news, you claim is making things healthier. Since we are talking health, this is just the start of making the market "healthy". The inflation and job losses are a month or three away.