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BIDEN ECONOMY: Stocks Endure Worst September Since 2002 in the Worst Year for the Markets Ever!
The Biden economy is a nightmare. The markets showed it yesterday as the month of September 2022 is now in the books.
Here are some observations of the markets pointed out yesterday.
Market Watch reported on the market results in September being their worst since 2002.
It was a September investors will remember — and not in a good way.
A Friday drop left the S&P 500 and Dow Jones Industrial Average with their biggest monthly losses since March 2020. And it was the worst September performance for both indexes since 2002. Seasonally inclined investors may wonder what that means for October.
Yahoo Finance noted that to date, 2022 is the worst year for the major markets since 2008 during the Great Recession.
In the first nine months of 2022, Wall Street suffered three straight quarterly declines, the longest losing streak for the S&P and the Nasdaq since the Great Recession and the Dow’s longest in seven years.
Trades-academy notes that the DOW and S&P 500 are in bear market lows.
Dow Jones futures will open Sunday night, together with S&P 500 futures and Nasdaq futures. The key indexes fell solidly previously week, capping a horrible September. The S&P 500 index and Dow Jones are at bear market lows, with the Nasdaq on the verge of doing so. Treasury yields backed off from 4%, however prolonged their weekly win streak.
The DOW is having its worst year ever. If this current pace keeps up, it will be the worst year ever.
On January 20, 2021, the DOW closed at 31,188. On Friday, September 30, 2022, the DOW closed at 28,725. This is a more than a 2,400 point drop for the DOW since Biden stepped into office.
The DOW is currently down 7,613 points this year alone (the DOW was at 36,338 on December 31, 2021).
The worst year prior to 2022 was 2008 when the DOW was down 4,488 points.
2022 is currently the worst year in US stock market history and Americans are seeing it in their 401ks.
The War Room yesterday discussed the status of Biden’s economy and the picture is horrific.
Expert analysts are putting their money in cash instead of bonds and equities with the goal of a “return of capital” not even a “return on capital”.
This was an excellent analysis of what is going on under this American-hating and incompetent regime.
WEEKEND DOW -63.7pts (-0.22%)
WHILE -63 MIGHT NOT SEEM LIKE MUCH WEEKEND FUTURES SET DIRECTION FOR MONDAY, AT LEAST THAT I HAVE OBSERVED.
https://www.ig.com/en/indices/markets-indices/weekend-wall-street
"I AM WORRIED ABOUT A BLACK MONDAY ALA 1987 !!"
I HOPE I DON'T MISS IT AS I WILL BE TRAVELING!!!!!!!
CRAP!!!!!!!!
... ANOTHER INTERESTING POINT I READ, IN EUROPE BACKUP POWER TO THEIR COMMUNICATION INFRASTRUCTURE CAN ONLY RUN 1-3 DAYS. THEY ARE IN DANGER OF PROLONGLED COMMUNICATIONS BLACKOUTS THIS WINTER. WHAT HAPPENS TO THE GLOBAL $600T OFFSIDE DERIVATIVES MARKETS IF PARTICIPANTS ARE UNABLE TO MANAGE THEIR POSITIONS?????
THIS IS VERY GOOD QUESTION INDEED!!!!!!!!
FOR EXAMPLE: BARINGS BANK, FOUNDED IN 1762 WAS BROUGHT DOWN BY A SINGLE SNOT NOSE PUNK TRADER ON A PC MAKING HUGE DERIVATIVES GAMBLES!!!!!
HISTORY WILL BE MADE THIS WINTER!!!!!!!
YOU SELL ANY SHORT TERM OVERSOLD RALLY UNTIL FURTHER NOTICE.
WHEN THE FED KEEPS REPEATING THERE WILL BE PAIN......BELIEVE IT !!
THERE IS ONE WAY AND ONE WAY """" ONLY """ TO KIL INFLATION
AND THAT IS DEEP RECESSION WHICH MEANS ALL ASSET PRICE
HAVE TO DEFLATE FROM STOCK TO BOND TO REAL ESTATE.
HUNKER DOWN ......I AM WORRIED ABOUT A BLACK MONDAY ALA 1987 !!
THE BIDEN REGIME IS GONNA TAKE OUT ALL OF TRUMP'S MARKET GAINS!!!!!
SPY 220 IS COMING!!!!!!!!!
LOL
Hey so can equity markets climb during recessions ?......
Why, evidently it appears that they actually CAN !.....I suppose,
Especially when there happens to be in the whitehouse a hyper-corrupt regime.....
Which, always seems to be the case.
1 yr later......
hmmmmm........Well now, wasn't that covid low INTERESTING (see top chart)
Anyways......(back to my original question) ;
Hey so can equity markets climb during recessions ?......
.
.
"Anyone with half a brain knows what's coming"
ITS FUNNY HOW SKEPTICAL PUMPTARDS WERE OF A REVERSAL AT SPY $479 AND IT TOOK A STEADY DROP TO $358 BEFORE THEY ACCEPT REALITY!!!!!!!
.... BUT STILL, THEY SQUANDER WHAT LITTLE CASH THEY MANAGE TO SCRAPE TOGETHER BUYING THE HOPIUM/FOMO DIP... WHICH KEEPS GOING LOWER!!!!!!!!!!!
YESTERDAY'S MORNING RALLY WAS HYSTERICAL!!!!!!!!
ANYONE WHO BOUGHT STOCKS AND HELD DURING THE BIDEN REGIME'S REIGN IS ***LOSING***!!!! WHAT A HORRIBLE TRACK RECORD!!!!!!
.... A DEPRESSION IS COMING AND THE CORRUPT BIDEN REGIME IS ACTUALLY THE CAUSE!!!!!!!
UNDER TRUMP THE US WAS A NET ENERGY EXPORTER AND GAS WAS ***CHEAP***, NOW ENERGY STARVATION IS SETTING IN AND THE STRATEGIC OIL RESERVES HAVE BEEN DRAINED!!!!!!!!!!
.... ALSO THE INSANE BIG PUSH INTO EV'S WITH INSUFFICIENT ELECTRIC POWER GENERATION AND GRID CAPACITY!!!!!!!!
BRILLIANT!!!!!!
3918...3943...3964, durrrrrr
Be careful around this area the market knows they only buyers here are shorts taking profits and covering. So if they need buyers they may try to fake bounce it
trolls have selective reading skills ...W&L...looks like its coming earlier ..lol
precision numbers
TrendTrade2016
Re: None
Saturday, August 27, 2022 10:10:39 AM
Post#
361633
of 363241
The next long term bottom on the S&P is 3523 by the end of October!
"Anyone with half a brain knows what's coming" Except for You, your track record shows that, yet I call for 3360 for months on end and I'm just taking guesses, but you're a hoot to hang around with, that is if anyone could tolerate you for 2min LOL, dumb@zz
You’re a genius. Anyone with half a brain knows what’s coming. , but 3173 is where it’s going, why because that’s the candle that propelled the Covid pump
Which is basically what I told you all Summer long 3360 Next! Lol
BIG VOLUME ON MY DEEP IN THE MONEY $500 SPY PUTS TODAY!!!!!!
$500 DECEMBER, 2022 SPY PUTS @$54.00 NOW $141.95 (7,003 VOLUME)
$420 DECEMBER, 2022 SPY PUTS @24.42 NOW $62.90 (420 VOLUME)
$465 DECEMBER, 2023 SPY PUTS @$56.00 NOW $104.33 (7 VOLUME)
SQQQ @32.13 NOW $61.32 (159,115,664 VOLUME)
DOW IS BACK TO JANUARY, 2020 LEVELS, ALSO WHEN BIDEN WAS INSERTED AS RESIDENT OF THE WH THE DOW WAS 30,900, TODAY IT CLOSED AT 28,725
THE DOW IS GOING MUCH LOWER!!!!!
THOSE WHO DON'T TRADE MAKE ***NOTHING***!!!!!!
2d later.......Link back : https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170070279
Wed. Sept. 28th......
"Next 4 days - Thursday / Friday / Monday Tuesday......could be quite revealing.
Especially Tuesday - By then things could be much more evident"..
2d later.....
Jr. Resources / Commodities Index ;
5 days later.....
Clonk ?.........Or ?.....Bust up thru.
Well, generally the sentiment (especially that of republicans) seems to be.........FAILURE to hold : ie. : Clonk !
CALAMITY AHEAD !
.
Support became resistance.
(sorry in a feeling lol)
I think we get our news from two different places
Only if they shut Powell up lol.
Soon if it has not happened already. They readjusted books. Honestly, if this week coming is pretty bad I would imagine the rest of the year would be pretty good. Lot of new (round number) bottoms. E mini futures were a rough trade but believe it or not the volume was pretty bullish. Yes, there is a lot of selling pressure but mostly absorbed.
Tech reports this month which actually led us out of the gutter (short term perhaps) from those June lows, they maybe able to help again
Closed Fed Board Meeting...Hmmm
https://www.federalreserve.gov/aboutthefed/boardmeetings/20221003closed.htm
They called this meeting yesterday, the day after UK released their bond buying decision.
Expecting a rally next week.....see what happens
Yeah. Dollar looks like it’ll continue to pull back to me. I had been talking about the rising dollar for years, only to be hit with the wrath of “dollar crash” mindset from the masses. NOW they think it’s gonna break out? It already did.. lol. Dollar pullback = risk asset relief rally, atleast at this point in time. All in my opinion
If central banks pivot too soon yeah it may bring speculators back into commodities. I think they’re gonna hammer it with high rates and just leave them there.. flat, stagflation type of environment and flat commodities, rather than the end of the world depression scenario being described on this board
Ask Dr. Copper
Link back to this message. Read it again
Just an fyi, interest futures have been slowly pricing in a 4.5% terminal rate (ie end of hikes) by Feb 2023. It was solidly 5% middle of next year. Inflation has peaked.. deflation is the risk now, and the market knows it. So what’s the next trade? Stay short forever? Nah bro
Interesting considering the elections are coming up.. Wonder if the Chinese hedge funds will sell into it? They really do not like sleepy Joe.... It is anticipated that the closed meeting of the Board of Governors of the Federal Reserve System at 11:30 a.m. on Monday, October 3, 2022, will be held under expedited procedures, as set forth in section 261b.7 of the Board's Rules Regarding Public Observation of Meetings, at the Board’s offices at 20th and C Streets, N.W., Washington, D.C. and by audio/video conference call. The following items of official Board business are tentatively scheduled to be considered at that meeting.
Interest futures would show a hike Monday and they don’t, nor does the dollar show it. Markets is obviously going lower overall but come on.
EMERGENCY RATE HIKE ON MONDAY WOULD SEAL THE DEAL!!!!!!!
FLOOD OF MARGIN SELLING WILL KICK IN!!!!!!!
THE DEEP STATE IS IN FULL ON PANIC MODE NOW THAT PUTIN ANNEXED FOUR EASTERN REGIONS OF THE UKRAINE..... WHICH ARE NOW PART OF RUSSIA!!!!! YUP... PUTIN IS ***LOSING*** AS MSM SHRIEKS!!!!! LOL
THE WEF MUST NOW ACCELERATE THE GREAT RESET BEFORE ALL OF THEIR PLANS FALL APART.... THEY ARE LIKE A DESPERATE TRAPPED ANIMAL READY TO LASH OUT UNCONTROLLED!!!!!!
THE GREAT RESET INVOLVES TO DESTRUCTION OF THE US ECONOMY SO THEY WILL TAKE THE NECESSARY STEPS TO ACCELERATE THAT!!!!!!!
MONDAY I WILL BE TRAVELING FOR ***BUSINESS*** BUT I WILL KEEP TABS ON THE MARKET.
TIME IS RUNNING OUT SO I AM FLEEING CALIFORNIA BEFORE NEWSOM GOES EVEN MORE COMMIE THAN HE ALREADY IS. THINGS ARE GONNA GET REAL NASTY!!!!!!!!
COMPLACENT SHEEP WON'T KNOW WHAT HIT THEM BEFORE ITS TOO LATE!!!!!!!!!! .... THE HERD NEEDS THINNING IN ANY CASE!!!!!
THE FINANCIAL TIME BOMB IS ABOUT TO GO OFF!!!!!!
ONE OF THESE DAYS, SOONER THAN LATER, YOU WILL FIND BANKING SERVICES SEVERELY RESTRICTED IF NOT CUT OFF ENTIRELY!!!!!!!
ITS COMING!!!!!
THIS MARKET REMINDS ME OF 1987 MARKET CRASH.....MONDAY
COULD BE A BAD DAY !!!
Fed means business.
Fed not retreating
PCE to high
possible emergency rate hike coming soon.
Closed Board Meeting on October 3, 2022
SPX CLOSED RIGHT ON ITS 200 WEEK MA 3585.62 .... NEXT WEEK THIS SUPPORT WILL FAIL SETTING OFF WATERFALL SELLING!!!!!!!!!!!
I AM STILL HOLDING ALL OF MY SHORT POSITIONS!!!!!!!
pretty much
Believe it or not I didn't want to short today. End of month end of quarter, China selling pretty much anything U.S.. British are buying but I imagine just waiting on cheaper.
It really is 330 on SPY where the gap needs to be filled. Don't expect straight down though
Yup.....Obama could certainly diseminate bad news in a classy manner......
He was Americas' best President/statesman since......you know who.
.
.
That is actually...deep. It's true that is what they were saying too.
How Joe got elected. Anyone else.
great story, fiction.
ANYONE else lol
Tom Lee called for $220 barrel of Oil too
OH YEAH..TOM LEE.....HE'S THE PAST.....CLULESS IMO.
THESE YOUNG ANALYSTS HAVE NOT LIVED THE 70'S AND THEY
DON'T UNDESTAND THAT INFLATION WHEN IT COMES IT TAKES
YEARS FOR IT TO GO AWAAY.
LoL......Who the hell comes to Vancouver in October for 6 months ?????
Idiots !.....I hope they'll love 8 months of RAIN !!!
Or Trump. Just make it up as you go along. All you need is a good sharpie.
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