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S&P 500 (^GSPC)

SNP - SNP Real Time Price. Currency in USD
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4,410.13+12.19 (+0.28%)
At close: 05:04PM EST
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  • A
    Aleem
    I know it’s hard to watch this drop everyday. But remember - you only lose when you sell. If you’re an investor, just hold and be patient. This is a phase and it will rise again. Hopefully very soon.

    All market tends to overreact. Hopefully once Fed minutes are out and the out outcome isn’t as bad, it should begin climb.

    Stay strong my fellow longs :)
  • A
    A Fistful of Puts
    When you consider the margin accounts of some of the tech fanboys, they are probably up to their noses in tech and digital tokens. So we may therefore see tech and crypto go down together. Stay out or stay in value stocks, imo.
  • S
    Sergio
    Why the market change sentiment at the very last moment
  • e
    ellen
    Today’s Barron’s discussed the size of the sand box the Fed is playing in: $9 trillion balance sheet; $20 trillion GDP, and still buying $60 billion a month in Treasuries and Agencies. So, if they reduce their balance sheet by $2 Trillion, that’s 10% of GDP or the equivalent of 100 basis points added to Fed Funds Rate. Yet, still, I think they are under the impression that the 7% inflation rate is transitory? I’ve so many times here explained why inflation is rarely transitory. Top that off with a reasonable unemployment rate of 4% and the conundrum grows bigger. The call to get their act together is clarion.
  • r
    rmg
    It's astonishing how much the media and congress heap congratulations on Powell's handling of the economy during the pandemic. It's fairly obvious the Fed didn't put much thought into their policy actions as they simply chose the "easy button" to immediately drop interest rates to zero and dump trillions into the economy which in turn quickly fueled massive asset bubbles in the housing and financial markets. They overstimulated consumer demand at the same time long term supply shortages were plaguing the economy and they wonder why the result is a high rate of inflation. This is economics 101 but since Powell is a lawyer maybe he never took that class while in college. At any rate he's surrounded by a multitude of ivory tower economists who collectively should have enough common sense to foresee the end result of their excessively loose monetary policy. The Fed has long history of messing up the economy and their policies have only become worse since 2009 as they continually bail out financial institutions that should suffer the consequences of their excessive risk positions. The Fed no longer acts strictly as a central bank as it now sees itself as private sector liquidity regulator to act as Wall Street's buyer of last resort, thereby usurping the role of free markets to do their job of price discovery and efficient capital allocation.
  • S
    Sten
    Worst week in the markets since march 2020. My 6mo profits have gone "poof". Now eating into negative.. was hoping this downturn was more temporary, than it´s turning out to be.
  • l
    lied
    I don’t know what I would do without the help of (http://alert-sounds.com/). Their watchlists are so well researched and help me make the best possible picks when it comes to investing. Not only do they save me time, but their advice has shown to be tried and true!
  • E
    Elmo
    It is just pure fear on markets right now. Is that 0.25 interest hike really that bad that shocks have to loose half of its value? Also countries are removing Covid-19 restrictions and opening up. Economy will be open again and we get this? Just seems big overreaction right now.
  • M
    Mancini
    Crypto currency is the future, investing in it will be the wisest thing to do especially with the current price now
  • J
    Jim Smith
    Peloton execs got $400 million
    long term investors were left holding the bag.

    most stocks are similar. just ways for execs to get wealthy. they sell at the top before investors get the bad news.
  • K
    KEVIN
    Tell me this was NOT a set-up by large money to get their clients out? How obvious!
  • e
    ellen
    The decline in equities is painful and it’s not just in super-growth stocks. All stocks are rattled by current disadvantages. You can see why the grey haired who have been through many of these routs are typically more conservative. It’s a hard lesson, but keep your wish list close. It’s not time yet, further shoes will drop, and you may never hit right at the bottom, but you need to get ready.
  • A
    A Fistful of Puts
    Algos checking out the 200 ma,
  • S
    Sergio
    I believe we all know market is RIGGED but Fed can't let & Gov. Let all 401k drain and ppl lost TOTAL confidence on them... Specially if we're close to WAR cause those pal at the other side...

    Between corporate and gov. There's a crack where we all fit and get a way with the greenback
  • M
    MB
    The vast majority of VTSAX shares I've purchased since 2000 are still way up. Buy and hold long term. Get rich slowly.
  • T
    Tom
    Full year of gains wiped out in couple weeks.
  • L
    Lance
    And to think that the S and P is still over priced by 30%.
  • J
    JC
    Told y'all there was a big selloff coming this afternoon or tomorrow...
  • r
    rmg
    Fundamentally the markets still have a long way to go...in the downward direction.
  • K
    Kimchi
    The S&P 500 was before at target price is 4818. My prediction is it will drop down to 3,300 to 3,500. I am recommend to smart investors buy in at this price right away and you will be happy.