Market continues to crash

[Joe Maya]

Told ya all it's dead cat triple jump.

 

[AuraKUPO]

tonight wont hit la

confirm wont hit

ok lah even if didn't hit also -5% at least

 

[lovemyself123]

ok lah even if didn't hit also -5% at least

omg -5% already. why is it dumping so fast

 

[Krabs.]

really possible worrr ... 3hour 25 minutes to go .... only 2% headroom .... nasdaq may really touch 7%

 

[AuraKUPO]

"Even though reciprocal tariffs have been temporarily watered down, the 10% universal tariff that remains in place can still have a material impact on inflation that may start to show up over the next few CPI reports," said Jason Pride, chief of investment strategy and research at Glenmede.

source reuters

Means Fed may announce no rate cut this year when inflation is so high. Looks like SPX can have more room to drop. My price target is 4200 range.

 

[AuraKUPO]

omg -5% already. why is it dumping so fast

I'm always right.

 

[kalipo]

So fast all gain returning back ah

 

[Mechafanboy]

china 145%

white house clarified its 20 + 125

Might as well sanction all trade with China...

 

[AuraKUPO]

really possible worrr ... 3hour 25 minutes to go .... only 2% headroom .... nasdaq may really touch 7%

Yup another 1%+ to go only, which is easy peasy. Circuit breaker here we come!

 

[Hyruga]

Flip prata

 

[Sylar22]

Wow kupo very active tonight

 

[letonzy]

ML give warning about US market

 

[Greygrey]

I'm discussing hypothesis scenario since people are talking about China using Treasuries as weapon.
Like I say, China only holds less than 10% of US debt. They sell all at the same time? Sure if they only wanna get back 70% of it. After that what? Nothing else to sell. Yield goes to 6% but that is short term and will moderate eventually.
Meanwhile US would be happy cos the dollar will drop. RMB will have to be floated and its fair value is definitely much higher. Chinese exports becomes more expensive while US exports actually becomes cheaper.

The worse part is not everyone will want your rmb...... they want cold hard US dollar... alternatively you offer them gold or oil or whatever you have.

So ya US gets hurt but Trump probably will tell all the nations being slapped with Tariffs to take up that 800B or else....

I could be wrong.... I'm not even an expert like so many here....

 

[Vincentlow82]

Told ya all it's dead cat triple jump.

How many times can a cat bounce?

 

[Krabs.]

nasdaq 6% now .... 3 hour 10 minutes to go ..... likely will hit within next 30 to 60 minutes

 

[Sylar22]

Last night calls was the play, tonight puts are the play. Who caught both easily millionaire now.

 

[harbinger255]

Still amused nobody put out their earnings yet despite all the "foresight"

 

[toolbox03]

How many times can a cat bounce?

Cat has 9 lives

 

[byfun]

If not for COVID I also wun research on china then find out CCP is actually a secret villain in our world .

Suzhou they got all our money and designs . Then their Gahmen create another similar heavily subsided project across Suzhou and compete with us lol .

Kena poke in backside hard hard .

LKY wanna run but difficult to pull out shares and assets as CCP dun allow . Resulting in slow gradual loss of millions .

Alot of ppl dunno still think CCP is a friendly towards Singapore. Darn ignorant ppl or heavily brainwashed by CCP propaganda.

Imo Our actual real friend is Israel only .

In country to country politics there is only benefits. Our gov investment in Suzhou only mistake is they naive to think that any country gov will allow another country to take the lion share and earn more.

This is what happened to Suzhou. Spore is the major shareholder vs China. Once lky realised the problem, that y Spore gov surrender the major shares to China and the park take off.

The underlying condition is the local gov of the project need to be the major holder. This is just human nature.. not exclusive to China or any countries.

 

[toolbox03]

Still amused nobody put out their earnings yet despite all the "foresight"

Waiting for chiu to show first