UpstateNYUPSer(Ret)
Well-Known Member
The SMA is just one part of my portfolio.
Brexit "your thoughts" Is your 401 k safe?
- Thread starter By The Book
- Start date
The SMA is just one part of my portfolio.
Only 24% of the people even bothered to vote.
Babagounj
Strength through joy
It was raining heavily that day.
What excuse can we use for the lack of turnout on our contract?
Too hard to raise the flag on the mailbox?
Ms.PacMan
Well-Known Member
Beware. That's exactly what my former preloader's Edward Jones guy told him and he bought Apple stock. Now that I read that you were told the same thing I'm wondering if it's a spiel and they get a nice commission for pushing Apple stock.
The Futures market for monday spell disaster for the American Stock markets.
The dow futures show a 4% drop, over 700 points at the opening, the Nasdaq also show a 4% drop over 200 points at the opening and the S&P will drop almost 100 points at the opening.
This vote could send our markets into a tail spin and start a recession in this country, as companies lay off employees to try and make up the millions they will ultimately lose because of the UK vote.
When it happens, DRUMPF will take the blame, since he wanted to take the credit.
Stay tuned.
This is going to be an ugly week and there is no sign of a bottom anytime soon.
Premarket Stock Trading - CNNMoney
TOS.
The dow futures show a 4% drop, over 700 points at the opening, the Nasdaq also show a 4% drop over 200 points at the opening and the S&P will drop almost 100 points at the opening.
This vote could send our markets into a tail spin and start a recession in this country, as companies lay off employees to try and make up the millions they will ultimately lose because of the UK vote.
When it happens, DRUMPF will take the blame, since he wanted to take the credit.
Stay tuned.
This is going to be an ugly week and there is no sign of a bottom anytime soon.
Premarket Stock Trading - CNNMoney
TOS.
UpstateNYUPSer(Ret)
Well-Known Member
You may have misread what I wrote.
I had the bulk of my stock long before I started w/EJ. He advised me to hold on to it and to buy additional shares using their money.
upschuck
Well-Known Member
They want a mulligan.
By The Book
Well-Known Member
I looked at that CNNMoney page and I think the drops you're referencing are for Friday's stock market. If you look at where the Dow and s and p closed on top, and took those losses on the left they don't add up?
Those are the futures indexes.
A prediction of things to come before the opening bell.
Premarket trades can predict the volatility of the market long before it opens.
Tomorrow and this week will be a bad week on wall street. Stay tuned.
TOS.
bottomups
Bad Moon Risen'
When are you checking your lobster traps. Just put fresh batteries in my metal detector.
The Impact of Brexit: What it Means for You - Ric Edelman
You might recall my analogy of the driver approaching an intersection with 4-way stop signs. With traffic coming from all directions, cyclists on the road, pedestrians in the crosswalk and kids tossing a ball near the corner, the best thing for the driver to do is…nothing. Sit tight, wait for the confusion to calm down, and soon enough you’ll be able to proceed safely through the intersection, with no adverse impact other than perhaps a slight delay before continuing on toward your destination.
The British vote brings us to such an intersection. There is no question that the vote’s biggest impact will be on the British themselves and, secondarily, on the rest of the EU. It is too early to say what the impact will be on the United States (quite frankly, it’s arguable that the impact will be favorable; mortgage rates have dropped as a result of the vote, creating a new – and possibly temporary – refinance opportunity). So until clarity emerges, it’s best not to do anything rash.
You might recall my analogy of the driver approaching an intersection with 4-way stop signs. With traffic coming from all directions, cyclists on the road, pedestrians in the crosswalk and kids tossing a ball near the corner, the best thing for the driver to do is…nothing. Sit tight, wait for the confusion to calm down, and soon enough you’ll be able to proceed safely through the intersection, with no adverse impact other than perhaps a slight delay before continuing on toward your destination.
The British vote brings us to such an intersection. There is no question that the vote’s biggest impact will be on the British themselves and, secondarily, on the rest of the EU. It is too early to say what the impact will be on the United States (quite frankly, it’s arguable that the impact will be favorable; mortgage rates have dropped as a result of the vote, creating a new – and possibly temporary – refinance opportunity). So until clarity emerges, it’s best not to do anything rash.
1989
Well-Known Member
I wish that were true... Just a tad down as of now.
Babagounj
Strength through joy
I go out every other day .
When the weather allows .
My yard is located at
Latitude:42.370558°
Longitude:-71.100808°
By The Book
Well-Known Member
So.........your agreeing with @UpstateNYUPSer
UpstateNYUPSer(Ret)
Well-Known Member
bottomups
Bad Moon Risen'
My GPS unit is mounted to the Boston Whaler. Google street view would be of more help.
I don't know enough to agree or disagree with anyone about anything. All I know is that I was listening to Ric Edelman's talk show yesterday and his explanation made sense for me since I'm a long term investor, not a trader.
What the Brexit means for your retirement - Yahoo
“This is a classic knee-jerk reaction from Wall Street traders,” Edelman tells Yahoo Finance about the Brexit selloff in stocks. “Our clients are focused on their long-term goals. There will be no sustained impact five years from now. They can ignore it, or if anything, capitalize.”
Edelman Financial Services manages $16 billion for more than 30,000 clients.
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