It's a downward spiral cycle a

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Tall Guy
2022-05-07

It's a downward spiral cycle and herd mentality at play. People just dumped their stocks to cut losses when they saw other people were exiting. This caused more panic and fear.

US STOCKS-Wall Street Ends Down on Fears Inflation Will Force Tougher Fed Tightening

Wall Street's main indexes extended losses on Friday as investors worried that the Federal Reserve w

US STOCKS-Wall Street Ends Down on Fears Inflation Will Force Tougher Fed Tightening

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HTChin
·2022-05-07
It's the day traders selling, most of the genius investors don't panic selling and holding on or in fact accumulating because they see long term gains.
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- Tall Guy:
  totally agree!
  2022-05-07
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- HTChinReplying toTall Guy:
  Warren Buffet likes panic sell by others as this give him opportunity to buy his desired shares at lower price, he admitted this during recent annual shareholders meeting.
  2022-05-07
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Harry S
·2022-05-07
[Strong]
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YLS0721
·2022-05-07
H
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This caused more panic and fear.</p></body></html>","text":"It's a downward spiral cycle and herd mentality at play. People just dumped their stocks to cut losses when they saw other people were exiting. This caused more panic and fear.","highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9066141561","repostId":2233939112,"repostType":4,"repost":{"id":"2233939112","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1651879296,"share":"https://www.laohu8.com/m/news/2233939112?lang=&edition=full","pubTime":"2022-05-07 07:21","market":"us","language":"en","title":"US STOCKS-Wall Street Ends Down on Fears Inflation Will Force Tougher Fed Tightening","url":"https://stock-news.laohu8.com/highlight/detail?id=2233939112","media":"Reuters","summary":"Wall Street's main indexes extended losses on Friday as investors worried that the Federal Reserve w","content":"<html><head></head><body><p>Wall Street&#39;s main indexes extended losses on Friday as investors worried that the Federal Reserve will need to be more aggressive than expected in raising interest rates to combat inflation.</p><p>The tech-heavy Nasdaq registered its lowest close since 2020, notching a fifth straight weekly loss, its longest losing streak since the fourth quarter of 2012. The S&amp;P 500 also posted its fifth straight weekly loss, its longest string of weekly losses since the second quarter of 2011.</p><p>&#34;Ninety-five percent of the driver of the market right now is long-term interest rates,&#34; said Jay Hatfield, founder and chief executive of Infrastructure Capital Management in New York.</p><p>The Labor Department presented stronger-than-expected jobs data with nonfarm payrolls increasing by 428,000 jobs in April, versus expectations of 391,000 job additions, underscoring the economy&#39;s strong fundamentals despite a contraction in gross domestic product in the first quarter.</p><p>The unemployment rate remained unchanged at 3.6% in the month, while average hourly earnings increased 0.3% against a forecast of a 0.4% rise.</p><p>Nine of the 11 major S&amp;P sectors declined. 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Wells Fargo &amp; Co declined 0.5% to lead losses among big banks.</p><p>The Dow Jones Industrial Average    fell 98.6 points, or 0.3%, to 32,899.37, the S&amp;P 500    lost 23.53 points, or 0.57%, to 4,123.34 and the Nasdaq Composite    dropped 173.03 points, or 1.4%, to 12,144.66.</p><p>Most traders are expecting a 75 basis-point hike at the U.S. central bank&#39;s June meeting, despite Fed chief Jerome Powell&#39;s ruling that out.</p><p>All eyes are on the monthly consumer price index inflation report on Wednesday, as investors seek clues to whether the economy is nearing a peak in inflation.</p><p>Under Armour Inc slumped 23.8% after the sportswear maker forecast downbeat fiscal 2023 profit. 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The S&amp;P 500 also posted its fifth straight weekly loss, its longest string of weekly losses since the second quarter of 2011.</p><p>&#34;Ninety-five percent of the driver of the market right now is long-term interest rates,&#34; said Jay Hatfield, founder and chief executive of Infrastructure Capital Management in New York.</p><p>The Labor Department presented stronger-than-expected jobs data with nonfarm payrolls increasing by 428,000 jobs in April, versus expectations of 391,000 job additions, underscoring the economy&#39;s strong fundamentals despite a contraction in gross domestic product in the first quarter.</p><p>The unemployment rate remained unchanged at 3.6% in the month, while average hourly earnings increased 0.3% against a forecast of a 0.4% rise.</p><p>Nine of the 11 major S&amp;P sectors declined. Energy had a 2.9% gain as oil prices climbed on supply concerns.</p><p>&#34;Oil is up again, continuing the inflationary worries that we are seeing and energy is bucking the trend of a very weak market. But the higher natural gas and crude oil prices have been tailwinds for the energy sector this year,&#34; said Ryan Detrick, chief market strategist for LPL Financial.</p><p>Megacap growth stocks slipped, with a few exceptions including Apple Inc, which rose 0.5%. Wells Fargo &amp; Co declined 0.5% to lead losses among big banks.</p><p>The Dow Jones Industrial Average    fell 98.6 points, or 0.3%, to 32,899.37, the S&amp;P 500    lost 23.53 points, or 0.57%, to 4,123.34 and the Nasdaq Composite    dropped 173.03 points, or 1.4%, to 12,144.66.</p><p>Most traders are expecting a 75 basis-point hike at the U.S. central bank&#39;s June meeting, despite Fed chief Jerome Powell&#39;s ruling that out.</p><p>All eyes are on the monthly consumer price index inflation report on Wednesday, as investors seek clues to whether the economy is nearing a peak in inflation.</p><p>Under Armour Inc slumped 23.8% after the sportswear maker forecast downbeat fiscal 2023 profit. Shares of rival Nike Inc also slipped.</p><p>Coinbase Global Inc dropped 9% on Friday to the lowest level since the cryptocurrency exchange&#39;s 2021 stock market debut.</p><p>Volume on U.S. exchanges was 13.49 billion shares, compared with the 12.10 billion average for the full session over the last 20 trading days.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 2.49-to-1 ratio; on Nasdaq, a 3.04-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted <a href=\"https://laohu8.com/S/AONE.U\">one</a> new 52-week high and 63 new lows; the Nasdaq Composite recorded 15 new highs and 799 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","QID":"纳指两倍做空ETF","APR":"Apria, Inc.","BK4504":"桥水持仓","SPY":"标普500ETF","UDOW":"道指三倍做多ETF-ProShares","UPRO":"三倍做多标普500ETF","OEF":"标普100指数ETF-iShares","SANA":"Sana Biotechnology, Inc.",".DJI":"道琼斯","IVV":"标普500指数ETF",".IXIC":"NASDAQ Composite","CGEM":"Cullinan Therapeutics","QLD":"纳指两倍做多ETF","PSQ":"纳指反向ETF",".SPX":"S&P 500 Index","QQQ":"纳指100ETF","OEX":"标普100","BK4534":"瑞士信贷持仓","BK4139":"生物科技","TQQQ":"纳指三倍做多ETF","DXD":"道指两倍做空ETF","BK4007":"制药","LABP":"Landos Biopharma, Inc.","BK4196":"保健护理服务","BK4082":"医疗保健设备","SSO":"两倍做多标普500ETF","DJX":"1/100道琼斯","SDOW":"道指三倍做空ETF-ProShares","BK4559":"巴菲特持仓","LHDX":"Lucira Health, Inc.","BK4550":"红杉资本持仓","SQQQ":"纳指三倍做空ETF","DDM":"道指两倍做多ETF","SDS":"两倍做空标普500ETF","SH":"标普500反向ETF","DOG":"道指反向ETF","SPXU":"三倍做空标普500ETF","BK4581":"高盛持仓"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2233939112","content_text":"Wall Street's main indexes extended losses on Friday as investors worried that the Federal Reserve will need to be more aggressive than expected in raising interest rates to combat inflation.The tech-heavy Nasdaq registered its lowest close since 2020, notching a fifth straight weekly loss, its longest losing streak since the fourth quarter of 2012. The S&P 500 also posted its fifth straight weekly loss, its longest string of weekly losses since the second quarter of 2011.\"Ninety-five percent of the driver of the market right now is long-term interest rates,\" said Jay Hatfield, founder and chief executive of Infrastructure Capital Management in New York.The Labor Department presented stronger-than-expected jobs data with nonfarm payrolls increasing by 428,000 jobs in April, versus expectations of 391,000 job additions, underscoring the economy's strong fundamentals despite a contraction in gross domestic product in the first quarter.The unemployment rate remained unchanged at 3.6% in the month, while average hourly earnings increased 0.3% against a forecast of a 0.4% rise.Nine of the 11 major S&P sectors declined. Energy had a 2.9% gain as oil prices climbed on supply concerns.\"Oil is up again, continuing the inflationary worries that we are seeing and energy is bucking the trend of a very weak market. But the higher natural gas and crude oil prices have been tailwinds for the energy sector this year,\" said Ryan Detrick, chief market strategist for LPL Financial.Megacap growth stocks slipped, with a few exceptions including Apple Inc, which rose 0.5%. Wells Fargo & Co declined 0.5% to lead losses among big banks.The Dow Jones Industrial Average    fell 98.6 points, or 0.3%, to 32,899.37, the S&P 500    lost 23.53 points, or 0.57%, to 4,123.34 and the Nasdaq Composite    dropped 173.03 points, or 1.4%, to 12,144.66.Most traders are expecting a 75 basis-point hike at the U.S. central bank's June meeting, despite Fed chief Jerome Powell's ruling that out.All eyes are on the monthly consumer price index inflation report on Wednesday, as investors seek clues to whether the economy is nearing a peak in inflation.Under Armour Inc slumped 23.8% after the sportswear maker forecast downbeat fiscal 2023 profit. Shares of rival Nike Inc also slipped.Coinbase Global Inc dropped 9% on Friday to the lowest level since the cryptocurrency exchange's 2021 stock market debut.Volume on U.S. exchanges was 13.49 billion shares, compared with the 12.10 billion average for the full session over the last 20 trading days.Declining issues outnumbered advancing ones on the NYSE by a 2.49-to-1 ratio; on Nasdaq, a 3.04-to-1 ratio favored decliners.The S&P 500 posted one new 52-week high and 63 new lows; the Nasdaq Composite recorded 15 new highs and 799 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":199,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":146,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":101637308,"gmtCreate":1651882099623,"gmtModify":1663248697555,"authorId":3558572212270238,"author":{"id":3558572212270238,"authorId":3558572212270238,"name":"HTChin","avatar":"https://static.tigerbbs.com/18b5addeebc1b55d0e0aa45772b119a3","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9066141561,"type":1,"supId":0,"prevId":0,"content":"It's the day traders selling, most of the genius investors don't panic selling and holding on or in fact accumulating because they see long term gains.","text":"It's the day traders selling, most of the genius investors don't panic selling and holding on or in fact accumulating because they see long term gains.","html":"It's the day traders selling, most of the genius investors don't panic selling and holding on or in fact accumulating because they see long term gains.","likeSize":0,"commentSize":2,"subComments":[{"id":101637351,"gmtCreate":1651882201734,"gmtModify":1663248696735,"authorId":4092376851552610,"author":{"id":4092376851552610,"authorId":4092376851552610,"name":"Tall Guy","avatar":"https://community-static.tradeup.com/news/5e11acf97134ffdcfb93cea9aabffca0","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9066141561,"type":1,"supId":101637308,"prevId":0,"content":"totally agree!","text":"totally agree!","html":"totally agree!"},{"id":101637565,"gmtCreate":1651882622854,"gmtModify":1663248696148,"authorId":3558572212270238,"author":{"id":3558572212270238,"authorId":3558572212270238,"name":"HTChin","avatar":"https://static.tigerbbs.com/18b5addeebc1b55d0e0aa45772b119a3","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":4092376851552610,"repliedAuthor":{"id":4092376851552610,"authorId":4092376851552610,"name":"Tall Guy","avatar":"https://community-static.tradeup.com/news/5e11acf97134ffdcfb93cea9aabffca0","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"objectId":9066141561,"type":1,"supId":101637308,"prevId":101637351,"content":"Warren Buffet likes panic sell by others as this give him opportunity to buy his desired shares at lower price, he admitted this during recent annual shareholders meeting.","text":"Warren Buffet likes panic sell by others as this give him opportunity to buy his desired shares at lower price, he admitted this during recent annual shareholders meeting.","html":"Warren Buffet likes panic sell by others as this give him opportunity to buy his desired shares at lower price, he admitted this during recent annual shareholders meeting."}],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":101637116,"gmtCreate":1651881558354,"gmtModify":1663248696325,"authorId":4101691105425760,"author":{"id":4101691105425760,"authorId":4101691105425760,"name":"Harry S","avatar":"https://static.tigerbbs.com/30f2206e539f2175ef68264baf0a18f7","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9066141561,"type":1,"supId":0,"prevId":0,"content":"[Strong]","text":"[Strong]","html":"[Strong]","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":101637329,"gmtCreate":1651882165635,"gmtModify":1663248695657,"authorId":3582699042080732,"author":{"id":3582699042080732,"authorId":3582699042080732,"name":"YLS0721","avatar":"https://static.tigerbbs.com/ea717998fe45361ae3db780c78398b5a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9066141561,"type":1,"supId":0,"prevId":0,"content":"H","text":"H","html":"H","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"hasMoreComment":true,"orderType":2}