[quote=Timbo] Dow plunges 1,175 points as stocks fall, wiping out all of this year's gains:
little do you know about stocks
the Dow 30 all have seen returns ranging from 4% to 120% over the past 12 months
GE was the only DOW 30 stock that has a negative return over the past 12 months all caused by poor decisions by GE
boeing went up 120% over the past 12 months
so boing went down 5% over the past week making the 12 month return around 115%
bet you wish you doubled your money every 12 months just by properly investing
you also fail to understand that a large majority of the trading done today is by computer generated 'trigger' points
if you invested you would know that you could set one of your stocks to be either sold or more purchased just by setting the 'trigger' points
if your stock goes down by say 2.4% then the computer would sell it before you saw a much larger lose in that stock
if your stock was going up by say 2.4% the 'trigger' point you set could buy more shares of stock because there my be good earnings news or other postive news to make the stock rise
the trend line currently is around the 23,500 mark for the dow
the large mutual funds and large investmentvfunds have computer 'trigger' points set and if their stocks goes up or down depending on their 'trigger' points it can make one stock have large moves either up or down becuase that fund usually has a large amount of money invested in prority stocks like apple, google, amazon , facebook, netflix...
the large moves seen over the past few days are more likely the computer 'trigger' points being used when the stocks move up or down outside of their normal trading range
the economy is strong and there are fears that the fed will increase interest rates
the interst rates have been artificially low for many many years because the economy has only been growing about 1% per year
the current projection is around a 5% growth in the economy over the next year
a strong economy usually means strong earnings for companies and their stocks move higher
Schumer said we would never see 3% growth again. He is right if the Dem's had their way.
Liberal heads are exploding, so easy. Betty and Tommy sure got triggered.