Translate

Stock Market DOWN 1,000 Points and Still Dropping

Panic-like behavior was starting to set in on Wall Street on Thursday, at least from a technical perspective, as the Dow industrials shed all of the previous day’s gain, and then some.

Comments   

# RE: Stock Market DOWN 1,000 Points and Still Droppingmjc 2022-05-06 17:03
Hartnett's call.....

https://www.zerohedge.com/markets/wall-streets-most-accurate-analyst-todays-bear-market-ends-october-sp-3000

"Wall Street's Most Accurate Analyst: "Today's Bear Market Ends In October With The S&P At 3,000""


(for the historical record, 4123 - 5/6/2022)
-3 # RE: Stock Market DOWN 1,000 Points and Still DroppingEddamnit 2022-05-06 00:33
As the market tumbles and all the little people's investments shrink, their retirement vanishes, Russia will be to blame.
And their hatred grows.
+1 # RE: Stock Market DOWN 1,000 Points and Still DroppingRealAmericanPride 2022-05-05 18:02
Any gains the last couple weeks have been dead cat bounce. There is no money coming into the market. The only hope is the long game.
+7 # DisgustingJohn Jones 2022-05-05 17:27
I just saw a new listing of American Presidents by "historians". Little Barry Boy was number 10. I almost threw up, of course I wasn't expecting any less but it made me sick anyone could be this stupid. I almost agree with that psych guy who goes on the boards and wants to kill everyone in yankeestan.
+6 # OhJohn Jones 2022-05-05 17:30
Oh, and Trump was listed as third to last rated. He wasn't great, but he at least liked his country and made us energy independent. Again, not expecting anything else from academics but they don't even try to hide their bias anymore.
# RE: Ohmjc 2022-05-06 09:19
Quoting Johnny Rotten:
Oh, and Trump was listed as third to last rated. He wasn't great, but he at least liked his country and made us energy independent. Again, not expecting anything else from academics but they don't even try to hide their bias anymore.

I'd rate Trump as among the best.

He's no Reagan....but this isn't 1980, either. Running today, Reagan would probably loose. He'd be smeared constantly by the media.....but take the high road. That's who he was.

Trump is crude, brash......and will trade blow-for-blow with what he gets.

He's not the hero we wanted. But he is the hero we needed.
+12 # Nothing Is Going To HappenForrest Mosby 2022-05-05 16:33
Today that wont be fixed tomorrow….Or on Friday that wont be fixed Monday…The people running things are not finished milking the system for all its worth…On the Day Its All Over there wont be announcements, or commentary or time to get out…once its apparent whats happening, it will already be over…This is just a Thursday afternoon
# RE: Nothing Is Going To HappenForrest Mosby 2022-05-06 10:06
Quoting Forrest Mosby:
Today that wont be fixed tomorrow….Or on Friday that wont be fixed Monday…The people running things are not finished milking the system for all its worth…On the Day Its All Over there wont be announcements, or commentary or time to get out…once its apparent whats happening, it will already be over…This is just a Thursday afternoon


See?
+1 # TransitoryErfman 2022-05-05 16:15
It's transitory... just like inflation.

Who needs discretional spending anyway?
+6 # March 20, 2009 The Vision & Beyond by David Wilkerson 1973, written 36 years agooldschool 2022-05-05 15:43
total economic confusion striking Europe first and then affecting Japan, the United States, Canada and all other nations shortly thereafter.

https://prophecyindex.org/files/the_vision.pdf
+1 # RE: March 20, 2009 The Vision & Beyond by David Wilkerson 1973, written 36 years agoFaith11 2022-05-05 19:59
Always keep your eye on the EURO what happens there first will effect us within days.
-10 # There is something bigger than the stock market collapse or the upcoming nuclear war with Russia.Haarnaś 2022-05-05 15:02
There is something bigger than the stock market collapse or the upcoming nuclear war with Russia.

As I have discussed earlier, the Bolsheviks have noted that there were to many Catholics in the Supreme COurt tha and enough Jews resulting in the overthrow of roe vs Wade by the Supreme Court.

I am getting messages that Bolshevik followers of Talmudic Moloch are going to be entering Catholic Churches this weekend trying to interrupt the Holy Masses. All Catholics en guarde, heretics keep away. It is not your fight!

https://i.pinimg.com/originals/86/2f/8f/862f8fb19b1d3e698d5205d67f81269f.jpg
+1 # Catholic?kdkeller0815 2022-05-05 17:38
There are no valid Masses in any church that belongs to the vatican 2 religion. The new mass is invalid. Francis is not the pope. The True Catholic Church is in eclipse while the church of antichrist destroys the last remnants of Christianity. The warnings of The Blessed Virgin Mary at La Salette, Fatima, and Quito are happening.

They might carry out attacks for the sake of causing chaos, but Satan knows that those churches are his.
-4 # RE: Catholic?Haarnaś 2022-05-05 18:05
Quoting kdkeller0815:
There are no valid Masses in any church that belongs to the vatican 2 religion. The new mass is invalid. Francis is not the pope. The True Catholic Church is in eclipse while the church of antichrist destroys the last remnants of Christianity. The warnings of The Blessed Virgin Mary at La Salette, Fatima, and Quito are happening.

They might carry out attacks for the sake of causing chaos, but Satan knows that those churches are his.

Welcome to a fellow trad Catholic, a rare sight in this men's discussion club!

You are right on all counts, except the validity of the Mass. The Vatican II Mass is still licit and valid even if the priest dresses up as a clown and starts walking on the alter. If it was not the case, the world would go to hell a long time ago. All the Latin Masses within 3 hours from me have folded following orders form Bergoglio. I am lucky to have one very good priest one hour away who celebrates a NO Mass very well. The problem us that he is old, 75 and has to cover three parishes on weekends. How long do you think he will last!

We are indeed at the end. It is the matter of few weeks before the world is engulfed in a destructive Great Chastisement chaos
-3 # HaAzrael76 2022-05-05 17:21
Jesuit pope probably gave the order... Who's your papacy... All the Talmud followers are freaking out over the golden calf getting removed kinda fun to watch
+4 # Who CaresLongrider53 2022-05-05 15:43
The only reason what you’ve said here is relevant is if the Catholic Church is the Church Universal representing the Christian faith in total.. which it isn’t.. so wake up and read a real Bible Haarnass while you still can. To marginalize planetary Thermonuclear War or Financial Collapse of world markets as if it was small potatoes compared to your vision of the Catholic Chumps is laughable.
-12 # RE: Who CaresHaarnaś 2022-05-05 16:06
Quoting Longrider53:
The only reason what you’ve said here is relevant is if the Catholic Church is the Church Universal representing the Christian faith in total.. which it isn’t..


I have read dozens of times the New Testament and relevant chapters in the Old, that ones you heretics do not even know exist, you dolt still operating under ancient shibboleths.

To convert you and other heretics here, I am going to start posting icons of HVM so that you clodpoles can start meditating in front of it on you paganism and star converting.

Our Lady of Vladimir
https://thumbs.dreamstime.com/z/greek-icon-22171388.jpg
-10 # HaarnasTed 2022-05-05 15:56
Is right on this one, LR. Although, I don’t take the threat of attacks on churches too seriously.
-4 # Ride ride ridesupporttheblue 2022-05-05 14:18
The wild surf
+13 # Yawnnnn...Charlie Bravo 2022-05-05 14:17
I remember when the stock market total volume was around 3,000. Back then, a 500 - 1000 point move was really big news. Now that we're talking a total volume in the neighborhood of 30,000... 1,000 points is news, but not so much... When we see a sell-off of 10,000 points or more, then something is really going on! In the meantime it's all hype.

Remember, stocks are PRICED IN DOLLARS, so the huge numbers are really only an indication of inflation.
+2 # RE: Yawnnnn...Pesky Varmint 2022-05-05 15:40
I agree. There are few of us old guys that have this perspective. I've always viewed the markets as percentages, not points. That is the only realistic way to compare what is happening.
+1 # NYC banksters's uninhibited opinion!Haarnaś 2022-05-05 14:05
Back a few years ago and before Covid, when it was still possible to travel in style unobtrusively, my wife and I decided to take a vacation in Europe. One of the places we ended up in was the famous Cannes beach in France, where I met a frank Jewish NYC banker.

He proved his identity by buying me a good Heineken beer in a beach bar and we talked amiably under sun umbrella about the events of the day for w while. He then started talking business and specifically about the stock market. He revealed to me that neither he, not any other bankers in the world could explain the stock market gyration. "You never know why it will go down or up and when". We also had talked in admiring terms about how the Jews have been in the forefront helping American Blacks in their civil rights struggle all along and what a great thing it was to the betterment of the world.

Right. Since them I have been in search of the causes of the bear markets, and I can positively report to you that when it is in the bear mode it means that bankers are stealing your retirement money from you to make profit.

The market has kept on going up for the last few years and now it is coming down very rapidly. Millions of people who chose to gamble with their money are losing their retirements as we speak, while their Jewish brokers tell them it will go up, while the banksters on the Cannes beach and elsewhere are counting their profits!
+7 # Part of the planFlatfootfrank 2022-05-05 13:53
Block chain digital currency on the horizon.

You will own nothing and be happy.
+5 # RE: Stock Market DOWN 1,000 Points and Still DroppingGunner 2022-05-05 13:48
Honestly let it go to 0.000
+8 # No Way OutGrim 2022-05-05 13:35
What we're beginning to see, are the inevitable results of the insane *QE*money printing debacle over the last several years and also since the US dollar was detached from gold decades ago. The money supply is now so high that inflation is taking hold and the Fed needs to raise the prime rate to cool it down. The problem is, for them to do any good, they would have to raise the rate to some point above the rate of inflation, which officially stands at 8.5%. Never mind that the official rate is crap and the real average rate is somewhere above 13%, they are in a no-win situation, which is only going to get worse.

The economy is now so fragile that the small half-point increase yesterday has caused the Dow to begin unwinding. To preserve the economy, inflation must be reigned in, but to do that, you have to raise the prime rate to a point that would be effective, however that will instantly collapse the economy. Alternately, if you choose to do nothing, the economy is going to collapse soon anyhow as prices shoot for the moon. Right now, the Fed is only doing token increases of the prime to *virtue signal* that they are doing something. In the coming months, look for them to begin dropping it after a few more increases for show. The truck is plunging down the hill, the brakes are out and they know they can't do anything to stop it.

The banks and lending institutions know what's going on, as evidenced by their beginning to price their increasing risk into their mortgage rates and driving them up significantly. We are now officially *up shit creek without a paddle* and the dollar is already headed towards it's inherent value of *0* as all fiat currencies eventually do. Can you say Zimbabwe or perhaps Weimar??
# YesSBGlett77 2022-05-05 20:29
The Fed has been fighting deflation ( i.e., cascading debt collapse ) since 2000, by creating money out of thin air to keep insolvent instruments solvent. This has not created inflation up to now because people were still willing to buy the bonds and trade them at low interest rates.

Now, however, all the monetarily propped up enterprises are so unproductive, worldwide, that goods shortages are beginning to appear. This draws all that created money out of simple obligation holdings into spendable cash, which is bidding up prices like crazy on the ever-more-scarce goods. All the covered up vaccine disabilities and deaths are contributing to a severe labor shortage, further exacerbating goods shortages, further drawing out the created money.

Grim is right in saying the bond interest rate must now exceed that of inflation, or bonds too will get sold off, as they did today. It is the old overused, but valid, concept of the tipping point being reached. When inflation was low and other countries were accepting our exported inflation ( in the form of bonds ), then people would hold bonds which had a low or negative real rate. Now the tipping point has been reached due to demand inflation, and there is no monetary way to contain it. No monetary way to contain it.
+2 # RE: No Way OutHaarnaś 2022-05-05 14:15
Quoting Grim:
Can you say Zimbabwe or perhaps Weimar??


You are right, the collapse will be even more destructive than those in Germany or Zimbabwe. It will be the Mother-of-all-the stock-market-collapses. Many folks would like to pull the money out now, but they tell me they cannot, because their money is tied up in mutual funds, or they are not 59 yet and would have to pay penalty! Yes folks, the system has you by the throat! The stock market is no different than LAs Vegas. It is a gambling Cassino folks designed for whale players!
+3 # RE: Stock Market DOWN 1,000 Points and Still Droppingwinreader 2022-05-05 13:27
In the financial industry, there is a saying, "Interest low, stocks grow, interest high, stocks die."
The Feds (private bankers) just raises .5% interest point. It looks like stocks are competing with each other jumping out of highrises windows.
+7 # The black horse...FewThereBe 2022-05-05 13:26
...is riding.
+6 # CrashingEagle_Prince 2022-05-05 13:01
The beginning of the end.

 

100% Trusted Informational Platform Website 2021

 

Hal Turner Radio Show Logo

Publisher Info:

HAROLD TURNER
Post Office Box 421
North Bergen, NJ   07047

 

E-mail: Hal.Turner@HalTurnerRadioShow.com

Tel. 201-484-0900 (Office)

SPEAK ON-THE-AIR: 201-771-3013

 

 

About