Is the stock market going to tank?

[babybear]

Technology Post-Market
TWTR +2.5% a couple of news reports out this morning that Salesforce.com and Twitter are still exploring acquisition talks. Evercore ISI also upgraded the stock to hold from sell with a $17 target. The analyst cited the fallout in share price from the stalled sales process.
CRM (3.6%)

gambling

[digitaldeath]

all those monkeys said hold the day before they crashed it with a paid hit piece


salesforce would be terrible for everyone / why they think it would help them is beyond reason/ beyond that twitter has more cash on hand than CRM has

so how does a buyout work? shitty software stock?

[digitaldeath]

b-bear doesnt have the same edge or appeal

tiny bear would be good name

micro bear too

mini bear

[babybear]

I thought I gave you buy out 101 a couple wks ago

I didn't want to be a baby bear anymore

[babybear]

cozy bear is good but people might mistake me for a commie

[digitaldeath]

I thought I gave you buy out 101 a couple wks ago

I didn't want to be a baby bear anymore

indeed, but im just musing at how pathetic saleforce is and that they cannot afford it

huh...thats fun

[babybear]

Yea salesforce seems like a weird match

[digitaldeath]

#jobtwitter seems like the very worst section of twitter one could imagine

black twitter is #1

[Cono Este]

Here we are again. Battle stations?

[Bromontana]

Been long airlines, short euro, short 20yr UST, lukewarm on energy/crude.

Debating whether to add downside hedge or get more long on this retest of 2015 breakout in the S&P

Agreed twtr is a gamble in terms of r/r being ambiguous.

[4matic]

Here we are again. Battle stations?

“Sell Rosh Hashanah, buy Yom Kippur”

[Toadman]

Uh oh.... https://finance.yahoo.com/news/hsbc-...123507005.html

Time to get out. The Elliot Wave Principal is now in effect!!! It's gotta be like those scarey clowns, right?

[El Chupacabra]

Time to get out. The Elliot Wave Principal is now in effect!!!

Is that like the Alan Parsons Project?

[Bromontana]

ES, TF, YM, NQ actually all releasing from a compression now, new trend forming in futures as we bullshit.

[Toadman]

Is that like the Alan Parsons Project?

No it's more like the projects. Those concrete monstrosities built in the late 70's, early 80's to house all those folks who couldn't/can't afford housing. Then they came up with something called sub-prime loans for people who couldn't/can't afford housing. Now they build really small sheds, and stick a kitchen and a bathroom in it, and called it a tiny house.

But back to the stock market tanking. I think we're looking at a slow and steady grind down to sub 17K by year end. I could be wrong, and the stock market goes the other way. I'm going to be like one of those high paid economist, and say there's a 50/50 chance that the market trades sideways until year end. With the added caveat, that if something catastrophic happens, then we could see some market volatility.

[digitaldeath]

No it's more like the projects. Those concrete monstrosities built in the late 70's, early 80's to house all those folks who couldn't/can't afford housing. Then they came up with something called sub-prime loans for people who couldn't/can't afford housing. Now they build really small sheds, and stick a kitchen and a bathroom in it, and called it a tiny house.

But back to the stock market tanking. I think we're looking at a slow and steady grind down to sub 17K by year end. I could be wrong, and the stock market goes the other way. I'm going to be like one of those high paid economist, and say there's a 50/50 chance that the market trades sideways until year end. With the added caveat, that if something catastrophic happens, then we could see some market volatility.

this is precise

[Cono Este]

big balls to buy this, could be what ivewaited for all yr.

[Cono Este]

Out. Twice now its worked, good volume at this level throughout the yr. but next time I will pass.

[digitaldeath]

who wants to buy TGR forum power directly ? im brokering now, for todd

[Bromontana]

Trend seems up based on behavior near lows today. Biotech was outperforming the whole time so I'm inclined to think it's a leading indicator here. Recently it's been getting hammered, so being relatively strong on a panic day suggests institutional rotation into bios.

But, what do I know?

Airlines great today as well, counter trend movement in bonds, hoping they continue to sell off as money moves into equities.

[Cono Este]

There is no trend.

[digitaldeath]

The trend at the craps table...

[4matic]

There is no trend.

Down for levered yield plays.

[4matic]

Shanghai composite looks like a break higher. Six year low in the Yuan.

[4matic]

Nikkei back over 17000. International stocks can run higher for a while.