After a hideous day like today where the dow plunged 923 points and s p plunged and the nasdaq down 3. 73 would it be liberating to dump the shot shoot match and cash in your ira and take out your 401k and sell funds to preserve some cash perfectly sensible emotion sure, thats the problem emotions whether trading or investing, you cant make decisions based on your feud you want to vanish the pain, i totally get that you are probably making a mistake. Look at the tsunami of selling that we have today i may tell you to stand there and let the wave crushes you, i am simply telling you not to panic. I know from experience and i have been doing this for 40 years and i am not a calm guy. Every time i panic, it costs me money. In four decades, i can remember one moment when panic was a strategy thats why in the fall of 2008 i made a rare sale everything call at the time it was collapsing. The incredible call to get back into the stock market. 2020 is not 2008 we got a run away pandemic and ho
Next few days i came here wasnt feeling so well i feel much better now working hard to get me all the way back i have to be back because we still have to make America Great again we dont awfully good job of that but we still have steps to go and we have to finish. Here is actually a state has decided to cut short his asia tour following the president s hospitalization my pompei will hold meetings in japan on sunday but will not go to mongolia and south korea 2 days ago when news of trumps infection became public on pay said he had no plans of canceling his trip. As a by johns 2nd largest city ganja has come under attack by armenian missiles as the conflict over the going to come back escalates and the largest city in the disputed region Stepanek Kurt is being bombarded by the as airings. Voters in kyrgyzstan are pretty new members of parliament but there are widespread allegations of parties trying to buy ballots throwing doubt just misty of the election. People on the archipelago of N
Prisoners free. Hoping to shake up the Political Landscape in batteries and unexpected candy that is vying to push out europes longest serving challenger. Moving this enflaming tension between washington and beijing a top trump official is in taiwan the highest level give us visit in 40 years. But leaders are trying to work out ways to help rebuild lebanons capital but in beirut theres a growing clamor to reshape the political system as well the information minister became the 1st Senior Member of government to resign since tuesdays port blast minal abdullah some mad says theres little hope for change 5 m. P. s have quit and there are reports that more may soon follow at least a 158 people were killed when a monium nitrate exploded. Causing billions of dollars worth of damage around 300000. 00 people homeless Video Conference events actual day as is underway with french president calling for efficient action to get aid to the lebanese people as quickly as possible well this off to a ma
Dominate bonds surging, yields making new record lows today as the tenyear fell below 0. 9 opec backed the biggers cut, dependent on russias approval is thats all to come. Joining us for the first full hour, stover any link. Interesting to me, though. Week to date, only three sectors are in the red week to date the s p is up a couple . Today was basically just within yesterdays range. It is the market finding out to whats notable, though is the cyclical areas of the market getting brutally hit so were essentially pricing in a steeper slowdown today its not really just oh, the big tech stocks that were up what do you do on a day like today . Stay calm. The day to day action is taggers. What the implication is, earnings to the conomy, we cant model out that none of that so im looking at copper, looking at the tenyear. Im going to feel better im kind of quality upping my portfolio. I bought united last week. We talked about 300 to 250, nike 104 down to 85 with a 5. 1 dividend yield. And i
Hello and welcome to our look ahead to what the the papers will be bringing us tomorrow. With us parliamentary journalist, tony grew, and the journalist and author, caroline frost. Many of tomorrows front pages are already in. Leading in the guardian, obey me on brexit, corbyn tells his dissenting shadow cabinet members, as he seeks to shift the focus onto socialjustice for the december election. In the metro, nigel farage says he wont stand to be an mp in the upcoming election, claiming hell instead focus on campaigning for the 600 Brexit Party Candidates contesting seats. In the telegraph, the man who threw away brexit. A senior conservative says nigel farage could end up ruining britains chance of leaving the eu with his Campaign Message in the upcoming election. Leading in the independent, ministers are risking migrant lives with policies pushing them into the hands of smugglers, according to mps in the Foreign Affairs select committee. In the finincial times, saudi arabia set to s