General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWhat's going on? After a brief rally Dow is way down. Trump fever?
http://money.cnn.com/data/markets/dow/maryellen99
(3,789 posts)liberal N proud
(60,335 posts)A HERETIC I AM
(24,370 posts)140 points at this level is by no means "way down". Barely point seven five of a percent as of 12:10.
Now I am by no means defending anything our little tinpot is doing, but this isn't a big move at all. You'll have something if it's down 1000 points in a week or less, but this is nothing.
yellowcanine
(35,699 posts)Yes I understand that this is nothing in the grand scheme of things. Point is something spooked traders for the moment - it actually is creeping back up again.
A HERETIC I AM
(24,370 posts)Ok, fine. And again, all is not rosy I admit.
This is an interesting story;
A popular stock-market black swan gauge is at a record
http://finance.yahoo.com/news/popular-stock-market-black-swan-140207215.html
Sissyk
(12,665 posts)The market is correcting due to trumps health care plan due up for vote Thursday. When it doesn't pass the house, market will continue to drop.
All of the increase is speculation that trump could get health care reform, tax reform, and infrastructure passed, one after another.
If they don't happen, market will keep falling.
That's my uneducated opinion, anyway.
spanone
(135,844 posts)i'm sure when it goes down, it's someone else's fault, but when it rises.....
librechik
(30,674 posts)That could put a little poop on everybody's birthday cake
dawg
(10,624 posts)Markets fluctuate.