Japans market opens in 15mins. China and Hong Kong @ 9pm NY time. Seems FOX Business cannel and Bloomburg are having live coverage. Will see if the slide continues in a few minutes. commodity futures all looked red on the ticker. FOX Business has coverage at 9pm tonight Now they are saying markets in Tokyo, Korea and Australia will open in 25 mins
We know people that moved from Boston to the Catskills due to a recurring dream of waves over Boston.
DOW Futures down -121.00 Now showing all markets in the red...Futures that is. Dow opened down 121 on Friday
Did anybody hear about the multiple explosions at a US Military Base in Japan? http://www.dailymail.co.uk/news/art...explosions-heard-military-facility-Japan.html I heard about this earlier, but I haven't heard anything since. I find it a bit curious considering the explosions that have occurred in China over the last few days.
http://sputniknews.com/business/20150817/1025818543.html America is hurling all of its effort into preparing for a September “apocalypse,” as economic forecasts are becoming more and more intimidating, RT columnist Robert Bridge wrote. According to Gallup's recently released US Economic Confidence Index rating, confidence in the US economy among Americans dropped to its lowest level in July. Nothing to be surprised about, considering that each and every economy analyst deems it duty to share predictions on the country's nearest future in a campfire scary story manner. It does seem like professional economists are competing in a think-of-the-most-dreadful-metaphor contest when describing what awaits global economy. The founder of Trends Research, who predicted the "panic of 2008," believes that soon we will witness the crash of a global stock market and predicts "the economic earthquake [that] will send reverberations around the world". "There's going to be panic on the streets from Wall Street to Shanghai, to the UK down to Brazil." Celente told King World News. "You're going to see one market after another begin to collapse." Analyst Larry Edelson took the fear to the next level as he even predicted the exact day the catastrophe begins, or, as he called it, a "rollercoaster ride through hell." "On October 7, 2015, the first economic super cycle since 1929 will trigger a global financial crisis of epic proportions." He said. "It will bring Europe, Japan and the United States to their knees, sending nearly one billion human beings on a roller-coaster ride through hell for the next five years. A ride like no generation has ever seen." Most of the experts agree that all the optimistic data like record earnings on Wall Street and a surging dollar is just disguising fundamental cracks, and the collapse of historic proportions will happen within few months, starting in the US. No wonder such forecasts, and there are dozens, from professional economists leave US and the world dizzy and shivering in fear and helplessness, just what one would probably feel if the actual apocalypse was coming. "There's enough going on in September to have me incredibly curious and concerned about what's going to happen." Canadian entrepreneur and editor of The Dollar Vigilante Jeff Berwick said in an interview with Gordon T. Long. Even if the concerns prove groundless, all that prepping and stockpiling won't hurt for at this point the US economy can use all the help it can get, Bridge wrote.
Sell-off is accelerating in Asia http://www.cnbc.com/2015/08/23/asia-braces-for-selloff-on-tanking-us-markets.html
God is sending shock waves to the world to show the mighty that they do not control everything. Man will not be able to fix the problems that are coming and his house of cards is going to collapse. Fear and panic will set in when the mighty realise they are going to lose everything of material value. Perhaps, today, we are experiencing the minor shock waves that are preparing us for the big one down the line. But even the minor shock waves have people thinking and reflecting about life that man is not in charge.
Asian stocks continue to crash...Dow Futures -400 http://www.cnbc.com/2015/08/23/asia-braces-for-selloff-on-tanking-us-markets.html http://money.cnn.com/2015/08/23/investing/world-stock-markets/index.html
Faber interview on FOX business Aug 19th Faber speculated why China devalued its currency. “We don’t know exactly why China began to weaken its currency. It could be because of massive capital outflows. It could also be a warning signal to the world that if the world, notably the U.S., doesn’t treat China fairly -- and they have some reasons to believe that certainly from their perspective, that they also can embark on economic and financial warfare,” he said. With nearly $1 trillion exiting emerging markets in the past 13 months, Faber expects the U.S. to also be affected. “The bank credit analysts said there will be a bloodbath in emerging economies -- we already had one to a large extent. If you adjust the poor market performance and the currency weakness -- probably more to come -- but I don’t believe the U.S. will not be affected at all and I would look at valuations. Valuations are not exactly cheap in emerging markets but they are becoming reasonable… I think the U.S. will be the last to unfold,” he said. video with somemore to say http://www.foxbusiness.com/markets/...intcmp=ob_article_footer_text&intcmp=obinsite
Watching on TV Bloomburg ticker on bottom of screen if you have any financial TV they should be posting it....its the talk all morning so far
I tried to find an online link for you but all these ones are 10-20 minute delay unless you get a paid service for realtime.
Don't know if you saw this on CNN? NASDAQ 100 halts future trades after 5% cap was reached over selloffs...breaking 20 mins ago. Doesnt look like a good day ahead for the markets
This is a head fake. There is a ton of money that has been sitting on the sidelines. After it bottoms in this "correction" the ones on the sidelines will jump in with both feet seeing a buying opportunity, then they'll run it back up to the highs in just a month or two and then the rug gets pulled out from under the market and the real crash happens. if you're not out yet, sell into the rally over the coming weeks.