Black Monday

[Valuegrowth]

I wouldn't consider Friday a tanking apart from the techs, the vix implies a move of over 1% a day at the moment so Fridays action was a normal day in my opinion for most stocks

Yes I agree with you. Except for some tech stocks there were some support for other stocks. Some utilities (mainly telecommunications) and some consumer staples (mainly food related stocks) were big winners on Friday not only in the USA but also in small markets. They have more legs. Some of the winners in the USA on Friday were Tyson Foods (TSN) and PT Telekomunikasi Indonesia Tbk (TLK).

[bull....]

reading some posts here about the coming collapse of the global economy some of you might want to read this

http://www.newshub.co.nz/business/re...#axzz3zV80Xwy4

after reading that I wonder where you will store your money now? is cash really king lol

[Valuegrowth]

It is a very intersecting article. Cash will be king provided we park them at the correct places. Those who make use of cash wisely will make it king. Risk management comes into my mind. I can remember those who deposited their money in some financial institutions through out the world in the past. Even cash is not safe during period of economic crisis. Do not follow cash is king theory in this financial system. Keeping 100% cash is very risky.

There were so many predictions on collapse of globally economy in the past as well. Collapse of global economy means collapse of financial system as well. Money (cash) will become worthless. After commodity, we can expect some sort of collapse in overvalued property market .We can see collapse of some over valued currencies as well. These are not abnormal. .

On the other hand undervalued assets including undervalued stocks will have demand. Rather than collapsing global economy we may see readjustment of over valued assets. These types of thing will rebalance different types of markets. So we can see sustainable development. If we don’t see those readjustments then we might see another bubble.

Year of 2016 is another great opportunity for value investors.

This is my view. Don’t take it as an investment advice.

[Beagle]

http://www.cnbc.com/2016/02/05/citi-...th-spiral.html Not sure I concur with Citi's prognosis but an interesting clip and perspective nonetheless.

[Valuegrowth]

Yes. It is also very interesting one. We have to wait and see until end of this year to find out some results.


http://www.bloomberg.com/news/videos...-u-s-equities-


Is Now an Opportune Moment for Non-U.S. Equities


http://www.bloomberg.com/news/articl...s-moody-s-says


Oil, Gas Loans Not Likely to Choke Big U.S. Banks, Moody's Says


http://www.cnbc.com/2016/02/05/is-no...ean-banks.html


Is now the right time to buy European banks?


http://itsourfuture.org.nz/top-ten-predictions-2016/


Top Ten Predictions 2016

[NZSilver]

dow down a casual 400 points....

[skid]

I wouldn't consider Friday a tanking apart from the techs, the vix implies a move of over 1% a day at the moment so Fridays action was a normal day in my opinion for most stocks

Combine that with Monday and its starting to look a bit bleaker (mind you the Dow has a habit of diving and recovering right on the home stretch)

[skid]

Yes. It is also very interesting one. We have to wait and see until end of this year to find out some results.


http://www.bloomberg.com/news/videos...-u-s-equities-


Is Now an Opportune Moment for Non-U.S. Equities


http://www.bloomberg.com/news/articl...s-moody-s-says


Oil, Gas Loans Not Likely to Choke Big U.S. Banks, Moody's Says


http://www.cnbc.com/2016/02/05/is-no...ean-banks.html


Is now the right time to buy European banks?


http://itsourfuture.org.nz/top-ten-predictions-2016/


Top Ten Predictions 2016

Duechbank down 30% this year so Europeon banks a worry(Its always hard to interpret a bargain from a nightmare)--US banks are better(thank goodness) they have already had their bailouts

[bull....]

Combine that with Monday and its starting to look a bit bleaker

only if you own financials , technology , materials , energy although energy is performing today , financial are really sick

utilities , telecoms , gold or gold stocks all continue to perform

[bull....]

if the s&p holds above 1846 - 47 on close maybe hope?