[kingcash555]

The stock market is trying to rebound from a disastrous Christmas Eve, but a morning rally quickly ran out of steam. The Dow turned negative Wednesday after opening 150 points higher.

The S&P 500 is inches away from entering a bear market. If it closes just 7 points lower, it will end the longest bull market in history. But investors haven't given up on the bull market just yet. The S&P 500 rose 0.2% and Nasdaq was up about 0.7% Wednesday.
"Stocks have fallen too far out in front of the real economy," said Chris Rupkey, managing director of MUFG. "I suspect there may be less human being trades selling stocks here, than there are just mindless computer-driven trades following the latest trend."
The Nasdaq is already in a bear market. The Dow would need to close down more than 300 points for that index to be in a bear.

[Steven_O]

...a lot of gloom and doom on the horizon...

[mcaguru]

I say ban the stock market. NO lawyer or contract needed they dont even need a judgment all you need to do is put your life savings into a trading account hit a few buttons and POOOF your entire life savings can be gone!!

[kingcash555]

i say ban the stock market. No lawyer or contract needed they dont even need a judgment all you need to do is put your life savings into a trading account hit a few buttons and pooof your entire life savings can be gone!!

very true

[BROKER TIME]

very true

did you too kiss and make up?

[Yankeeman07]

People should wait for the market to close before jumping off the bridge

https://www.foxbusiness.com


Dow soars 1,000 points, marks largest one-day gain ever

[WestCoastFunding]

People should wait for the market to close before jumping off the bridge

https://www.foxbusiness.com


Dow soars 1,000 points, marks largest one-day gain ever

Which means the Dow is down 3,000 in the past few weeks. You’re so smart, Dave.

[abfunders]

https://www.foxbusiness.com

And it's down again. I'm not suggesting jumping off a bridge, but this is a bumpy ride!

[WestCoastFunding]

https://www.foxbusiness.com

And it's down again. I'm not suggesting jumping off a bridge, but this is a bumpy ride!

Historically, wild swings usually preclude recession or financial crisis. I think the market (and the economy) needs a correction. But these wild swings are scary stuff. Then you’ve got the Treasury Sec freaking everyone out with these calls to the major banks asking if they have enough money to operate. It’s like WTF.

[swiftcloser]

.....

[Bloomingdale Funding]

I made 20k today on the dip alone lol.

[Kevin Henry-Seacoast]

I made 20k today on the dip alone lol.

This was a good one for me.....
ONDK Shorted 50K in lots of 10K with an average of 14.21. My buy stop covered me at 4.57 and I was a little pissed, but glad it was triggered. Short was covered earlier this year.....