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Nov 26 - dow jones slaughters 900 points.....alleged new covid variant is blamed



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 2 months ago '09        #1
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messy marv stan  topics gone triple plat - Number 1 spot x76
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Nov 26 - dow jones slaughters 900 points.....alleged new covid variant is blamed
 

 
visit this link https://www.cnbc.com/2021 .. rket-news.html


U.S. stock dropped sharply on Friday*as a new Covid variant found in South Africa*triggered a global shift away from from risk a*sets.

The Dow Jones Industrial Average dropped 900 points, or 2.5%, while the S&P 500 and Nasdaq Composite slid 1.8% and 1.5%, respectively. Friday is a shortened trading day because of the Thanksgiving holiday with U.S. markets closing at 1 p.m. ET


The downward moves came after WHO officials on Thursday warned of a new Covid-19 variant thatís been detected in South Africa. The new variant contains more mutations to the spike protein, the component of the virus that binds to cells, than the highly contagious Delta variant

Because of these mutations, scientists fear it could have increased resistance to vaccines, though WHO said further investigation is needed.

The United Kingdom temporarily suspended flights from six African countries due to the variant. Israel barred travel to several nations after reporting one case in a traveler. Two cases were identified in Hong Kong. Belgium also confirmed a case

ďWhen I read that thereís one [case] in Belgium and one in Botswana, weíre going to wake up next week and find one in this country. And Iím not going to recommend anyone buy anything today until weíre sure that isnít going to happen, and I canít be sure that it wonít,Ē CNBCís Jim Cramer said
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67 comments
 

 2 months ago '10        #2
ARosary 
Props total: 19030 19 K  Slaps total: 1965 1 K
Right on time for Black Friday

you can't make this sh*t...well yeah you can
+30   

 2 months ago '05        #3
youngvito18 
Props total: 27735 27 K  Slaps total: 5078 5 K
Down jones up 16% ytd

Must be a slow news week

Stocks go up, and then they go down, then they go up, nothing to see here folks
+6   

 2 months ago '20        #4
BuiltForThis  topics gone triple plat - Number 1 spot x9
Props total: 23466 23 K  Slaps total: 38606 38 K
Year 2 of the same ol experimental wuhan snake oils getting injected otw


+11   

 2 months ago '14        #5
BasedSoul  topics gone triple plat - Number 1 spot x2
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 youngvito18 said
Down jones up 16% ytd

Must be a slow news week

Stocks go up, and then they go down, then they go up, nothing to see here folks
"Nothing to see here" keep thinking that like this won't have a domino effect.
+3   

 2 months ago '11        #6
Sin  topics gone triple plat - Number 1 spot x46
Props total: 173456 173 K  Slaps total: 23712 23 K
Black Friday sales everywhere
+4   

 2 months ago '11        #7
Sin  topics gone triple plat - Number 1 spot x46
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 BasedSoul said
"Nothing to see here" keep thinking that like this won't have a domino effect.
I remember that December 2018 I lost all my gains for the year in my 401k in one month
+8   

 2 months ago '15        #8
Prad Bitt 
Props total: 17417 17 K  Slaps total: 1448 1 K
Risk off gents.
+2   

 2 months ago '05        #9
blah blah blah  topics gone triple plat - Number 1 spot x33
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 youngvito18 said
Down jones up 16% ytd

Must be a slow news week

Stocks go up, and then they go down, then they go up, nothing to see here folks
Itís a big drop guy
+2   

 2 months ago '05        #10
blah blah blah  topics gone triple plat - Number 1 spot x33
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When we gonna nuke China?
+4   

 2 months ago '18        #11
ChrisPartlowFro 
Props total: 35828 35 K  Slaps total: 4369 4 K
 blah blah blah said
Itís a big drop guy
No itís really not. If youíve been invested in anything for the past 8 months, today had no impact on your holdings.


Buy the dip.
+7   

 2 months ago '11        #12
Sin  topics gone triple plat - Number 1 spot x46
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 blah blah blah said
When we gonna nuke China?
you want it to drop 80%?


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 2 months ago '12        #13
kej718 
Props total: 11610 11 K  Slaps total: 758 758
If you are an experienced trader, and have cash on hand than this is just a buying opportunity for you.
+10   

 2 months ago '11        #14
Sin  topics gone triple plat - Number 1 spot x46
Props total: 173456 173 K  Slaps total: 23712 23 K
 ChrisPartlowFro said
No itís really not. If youíve been invested in anything for the past 8 months, today had no impact on your holdings.


Buy the dip.
im still up big for the year, im buying this dip and every other dip
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 2 months ago '18        #15
ChrisPartlowFro 
Props total: 35828 35 K  Slaps total: 4369 4 K
Earnings were pretty good… this is non-news
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 2 months ago '09        #16
2nd2none 
Props total: 8403 8 K  Slaps total: 1079 1 K
 Sin said
you want it to drop 80%?


I'm short on some positions so yes that would be lovely
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 2 months ago '05        #17
youngvito18 
Props total: 27735 27 K  Slaps total: 5078 5 K
 BasedSoul said
"Nothing to see here" keep thinking that like this won't have a domino effect.
I have stocks...my frienda who are nust getting into stocks treat that sh*t like crypto, me i out my stocks in the companies i believe will thrive for the next 10 and after 10 years i re-evaluate

I play the long game and my stocks are lovely because i dont focus on daily...weekly...or monthly changes because im not doibg options or anything fast pace

Slow and steady win the marathon
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 2 months ago '05        #18
blah blah blah  topics gone triple plat - Number 1 spot x33
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 ChrisPartlowFro said
No itís really not. If youíve been invested in anything for the past 8 months, today had no impact on your holdings.


Buy the dip.
Nasdaq doesnít drop 2.2% everyday

Dow doesnít drop 2.5% everyday

And this could just be the beginning

And youíre talking about the last 8 months it really depends on what you were invested in. Small and mid cap stocks give back all their gains. Check AA, Sofi, PLTR etc. only big caps have consistently held up
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 2 months ago '05        #19
blah blah blah  topics gone triple plat - Number 1 spot x33
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 Sin said
you want it to drop 80%?


Sure right after I go all in on puts
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 2 months ago '11        #20
Sin  topics gone triple plat - Number 1 spot x46
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 2nd2none said
I'm short on some positions so yes that would be lovely
I can respect that

are you chasing out early or holding
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 2 months ago '11        #21
Sin  topics gone triple plat - Number 1 spot x46
Props total: 173456 173 K  Slaps total: 23712 23 K
 blah blah blah said
Sure right after I go all in on puts
yall just want everything to crash and burn lol

I just want to see the EV bubble pop


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 2 months ago '16        #22
MulaAve  topics gone triple plat - Number 1 spot x3
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In my opinion, its too early to buy.

I wanna see blood tho, I want real blood cuz I missed 2020 and I would love to get balls deep into some stocks
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 2 months ago '05        #23
blah blah blah  topics gone triple plat - Number 1 spot x33
Props total: 98213 98 K  Slaps total: 81011 81 K
 Sin said
yall just want everything to crash and burn lol

I just want to see the EV bubble pop


Escalator up elevator down
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 2 months ago '05        #24
youngvito18 
Props total: 27735 27 K  Slaps total: 5078 5 K
 blah blah blah said
It’s a big drop guy
Read my other post

For instance...i put over 10k in cvs stocks when they were $52 a share.....theyre now at $92 a share, so when it drops to $71 a share i dont give a sh*t because im still.up...and in 5 years they'll be up $120 a share and ill be up more while other sell their stocks....

I look at what i put in.....so when it climbs 120%, i dont care if it drops 60% because im still up 60%

We have RECORD BREAKING NUMBERS so lets say u put money in the snp.500 5 years ago...you wouldny worry about a 2% or 10% drop because in the last 5 years it up damn near 110%

I buy stocks...i buy land...dont be afraid of weekly or monthly numbers, make sure you have a 5 to 10 year plan UNLESS your doing options, i stay away from options because that sh*t is like gambling in my book, and i dont gamble


Last edited by youngvito18; 11-26-2021 at 01:24 PM..
+15   

 2 months ago '05        #25
blah blah blah  topics gone triple plat - Number 1 spot x33
Props total: 98213 98 K  Slaps total: 81011 81 K
 MulaAve said
In my opinion, its too early to buy.

I wanna see blood tho, I want real blood cuz I missed 2020 and I would love to get balls deep into some stocks
Definitely too early canít call bottom after 1 red day

Iím so mad I sold my 1/2022 Pfe calls way too early they are probably tripled now
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