Dow falls 100 points after Trump's Twitter meltdown; Facebook slides over 7.1 Percent

Discussion in 'Politics, Religion, Social Issues' started by ericgtr12, Mar 19, 2018.

  1. ericgtr12 macrumors 65816

    ericgtr12

    Joined:
    Mar 19, 2015
    #1
    From CNBC

    • Facebook was the worst-performing stock in the S&P 500, sliding 7.1 percent.
    • Shares of the social media giant fell after reports said political analytics firm Cambridge Analytica was able to collect data on 50 million people's profiles without their consent.
    • Investors also cast a wary eye at Washington following a Twitter tirade from Trump over the weekend.
     
  2. TheHateMachine macrumors 6502a

    TheHateMachine

    Joined:
    Sep 18, 2012
    Location:
    Santa Fe, TX
    #2
    Good buying opportunity> I recently closed out my position after getting 100 shares at $65. I was considering buying back in with a sufficient pullback but there are so many options in today's market drop.
     
  3. VulchR macrumors 68020

    VulchR

    Joined:
    Jun 8, 2009
    Location:
    Scotland
    #3
    Seems like it's getting a little worse. According to the BBC right now there are no 'winners'. Never seen that.

    In any case, Trump tweeted and this followed, but we really can't tell for sure why the market goes up or down. Let's just hope this is not something major and structural, like unsustainable wealth inequality. *cough*
     
  4. PracticalMac macrumors 68030

    PracticalMac

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    Location:
    Houston, TX
  5. BoxerGT2.5 macrumors 68000

    BoxerGT2.5

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    Jun 4, 2008
  6. BeeGood macrumors 68000

    BeeGood

    Joined:
    Sep 15, 2013
    Location:
    Lot 23E. Somewhere in Georgia.
    #6
    It’s just increased volatility. Don’t let it spook you.*

    *I am not a professional investment adviser. My opinions are my own and do not represent the opinions of MR and PRSI.
     
  7. stylinexpat macrumors 65816

    stylinexpat

    Joined:
    Mar 6, 2009
    #7
  8. PracticalMac macrumors 68030

    PracticalMac

    Joined:
    Jan 22, 2009
    Location:
    Houston, TX
    #8
    Yeah,
    Holding on hat and saddle tight.
     
  9. PracticalMac, Apr 4, 2018
    Last edited: Apr 4, 2018

    PracticalMac macrumors 68030

    PracticalMac

    Joined:
    Jan 22, 2009
    Location:
    Houston, TX
    #9
    Getting pretty black-and-blue over stocks.

    Nothing serious or to loose sleep over, but one could feel better in a row boat during a hurricane.
     
  10. duffman9000 macrumors 68000

    duffman9000

    Joined:
    Sep 7, 2003
    Location:
    Deep in the Depths of CA
    #10
    Tell me about it. If I were evil I would have bet against America and for the Chinese tariffs.
     
  11. Huntn macrumors P6

    Huntn

    Joined:
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    Location:
    The Misty Mountains
    #11
    The man is a big mouthed menace that we elected. :oops:
     
  12. duffman9000 macrumors 68000

    duffman9000

    Joined:
    Sep 7, 2003
    Location:
    Deep in the Depths of CA
    #12
    Don't group you and I with "them" lol. Some people wanted a used car salesman that moonlights as a game show host. There you go.
     
  13. Huntn macrumors P6

    Huntn

    Joined:
    May 5, 2008
    Location:
    The Misty Mountains
    #13
    Collectively we, said frequently to make a point. :p
     
  14. duffman9000 macrumors 68000

    duffman9000

    Joined:
    Sep 7, 2003
    Location:
    Deep in the Depths of CA
    #14
    I understand now. "We" have an insane person at the helm lol. "We" are screwed lol.
     

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