What is going on today? - Megathread

Markets are commenting on both the economy, and how the current govt’s party conference is going I think.

The Tory conference is sounding like the lunatics have definitely taken over the asylum.

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just a slight correction in the markets until people accept interest rates are staying where they are and Trump will be world leader next year :innocent:

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It’s only went down cause I dropped 1k yesterday like a big playa, if I were to drop 10 bucks all stocks would of went up 30%

Its the first law of thermodynamics

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BTW where do you see all these blocks I see many people use it

https://www.tradingview.com/heatmap/
:innocent:

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Finviz website:
S&P 500 Map (finviz.com)

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Thanks bros

At this point I just want the whole thing to crash and bring on the resssession (STOP redefining it to say there isn’t one :face_with_symbols_over_mouth:). Get it over with and then we can all just go from there.

It’s this uncertainty thats causing the chaos!

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Haha yeah. Sounds like your watching too much Bloomberg like me. Recession in 2023, then 2024 now 2025, soft landing, hard landing, be heavy in tech, techs too expensive, be cash heavy, dont be cash heavy…:sleeping:

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I’m trying to wean myself off bloomberg :smile: :rofl: :joy:

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Not a bad shout. Dan Ives at wedbush is making me nervous with his Ai and tech hype. Could be a sign to take some profits off the table.

The biggest investment in my portfolio is VWRL/VWRP so I get a share of US growth, but when all is looking rubbish, nothing beats my good old FTSE dinosaurs churning out their dividends month on month :sauropod::t_rex::smile:

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Never seems to be down when I have cash to invest :rofl:

Better days ahead :slightly_smiling_face:

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We are headed for the gutter.

Temporarily of course…long game.

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Certainly a day for getting the old stock screener loaded up. I see plenty of buying opportunities.

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Surely you must be seeing some heavy losses on some of those FTSE dinosaurs? regardless of collecting a dividend

Yes, of course I am seeing losses in capital value, think my dividend income portfolio is down by over 9%.

My yield is around 6% so that buffers the loss somewhat - in my mind anyway :sweat_smile:

These are all long term holds, I’d only consider selling if something goes drastically wrong with the stock or if I was rebalancing.

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FTSE 100 doesn’t get hit nearly as hard as trendy growth stocks during a downturn. it’s still at 7467 which is less than 10% off it’s all time high

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When those growth stocks rip though :smiley:. Downturn doesnt bother me, just a great opportunity to DCA into my high conviction longterm stuff and cash in on the risky stuff and rebuy at a later date, rinse and repeat. I swing trade a lot. FTSE great for dividends no doubt about it.