Here comes the “dip”

[Anonymous]

The US has a ton of oil. Largest oil producer in world. Prices are up as US oil companies can now get higher prices. Exxon stock and oil stocks way up which you and me all own

But we own lots of other stocks that are going down. Plus we are paying more for gas.

[Anonymous]

Anonymous wrote:

The US has a ton of oil. Largest oil producer in world. Prices are up as US oil companies can now get higher prices. Exxon stock and oil stocks way up which you and me all own

But we own lots of other stocks that are going down. Plus we are paying more for gas.

Parent poster has no clue of how much gas/oil it takes to move all those products we love over the massive landscape that is the US. There is no positive economic spin to high oil prices

[Anonymous]

Anonymous wrote:The US has a ton of oil. Largest oil producer in world. Prices are up as US oil companies can now get higher prices. Exxon stock and oil stocks way up which you and me all own

Copium at its finest

[Anonymous]

Still dipping.......

…..........

............

[Anonymous]

Anonymous wrote:Still dipping.......

…..........

............

Wake me when it's 20-30% This is nothing and I have no clue where it's going neither do you.

[Anonymous]

We’re flirting with correction territory

[Anonymous]

I want bigger discounts! Waiting for a 20% correction ...

[Anonymous]

Anonymous wrote:We’re flirting with correction territory

Damn, what a meaningless comment. Even for DCUM.

[Anonymous]

Anonymous wrote:

Anonymous wrote:We’re flirting with correction territory

Damn, what a meaningless comment. Even for DCUM.

I am sorry you do not understand the meaning of "correction"

[Anonymous]

In the age of index fund investing and dollar cost averaging, is there really such a thing called "dip"?

[Anonymous]

Anonymous wrote:We’re flirting with correction territory

“Dow ends day in correction territory
And finally, the US’s Dow Jones Industrial Average has fallen into a correction as investors’ worries about the Iran war mount.

The DJIA has ended the day down 1.7%, or 792 points, at 45,167 points.

That’s more than 10% below its record high in February, of 50,512 points, putting the Dow into an official correction.”

[Anonymous]

Anonymous wrote:

Anonymous wrote:We’re flirting with correction territory

“Dow ends day in correction territory
And finally, the US’s Dow Jones Industrial Average has fallen into a correction as investors’ worries about the Iran war mount.

The DJIA has ended the day down 1.7%, or 792 points, at 45,167 points.

That’s more than 10% below its record high in February, of 50,512 points, putting the Dow into an official correction.”

[Anonymous]

Mark my words, S&P will have a 5%+ day between April 3-9.

The best to buy right now would be cruiselines and airlines. Those will rise 20-30% in the next 30 days.

I will come back to this post in 3 weeks and reply to it.

[Anonymous]

Anonymous wrote:Mark my words, S&P will have a 5%+ day between April 3-9.

The best to buy right now would be cruiselines and airlines. Those will rise 20-30% in the next 30 days.

I will come back to this post in 3 weeks and reply to it.

Probably right. Just a few months ago long before Iran, people on here were saying the market was due for a clawback. We now have it. It found the excuse. I've watched markets for years, this dip is nothing. We had a big dip last year, we had a significant market decline in '22 that no one remembers (S&P dropped 19% that year). And it's only four years ago!

Am going to take advantage of this drip to reposition some funds out of a low performing account to minimize taxes.

[Anonymous]

Yes the Houthis entering the war just screams recovery