Very interesting comment Mark. Thanks for the insight. I do have doubts about President Trump. He’s never stated that he cares about small business. He didn’t state that when he talks about jobs leaving the US, he’s really talking about decisions by greedy multi-national corporate execs and how they stick it to the government. Your admiration of the Clintons I don’t know about. They’ve all been riding the national debt gravy train at ($20 Trillion now). But really, can you just keep living off of credit cards forever? Trump’s trying to turn things around. Even if morally, he’s at the same level as Bill Clinton, we can give him a try at bringing the good jobs back. You do realize China and India are educating and churning out high tech engineers by the boatload, using your money? Are US companies basically competing with overseas companies funded with American money? That’s not FREE TRADE, that’s tax evasion and outsourcing for cheap labor. Trump’s foolish obsession with Mexico and North Korea, might be a sign his mind isn’t 100%, but without Trump, you’re back on the debt gravy train.

The new companies reduced Atari's share of the cartridge-game market from 75% in 1981 to less than 40% in 1982.[26] David Crane, one of the founders of Activision after leaving Atari, recalled that during the six months between two consecutive Consumer Electronic Shows, the number of third-party developers jumped from 3 to 30. Attempting to imitate Activision, the new companies attempted to use programmers unfamiliar with game development to produce, Crane said, "the worst games you can imagine".[27] Companies lured away each other's programmers or used reverse engineering to learn how to make games for proprietary systems. Atari even hired several programmers from Mattel's Intellivision development studio, prompting a lawsuit by Mattel against Atari that included charges of industrial espionage.

Job one in the midst of a stock market crash is to be aware of your own exposure to the market. Are you highly leveraged as a margin investor? Is your investment portfolio overly weighted with riskier growth stocks or other more-speculative stocks? Has your personal financial situation changed significantly over the course of a 24-hour market collapse?
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As the large seller's trades were executed in the futures market, buyers included high-frequency trading firms—trading firms that specialize in high-speed trading and rarely hold on to any given position for very long—and within minutes these high-frequency trading firms started trying to sell the long futures contracts they had just picked up from the mutual fund.[23] The Wall Street Journal quoted the joint report, "'HFTs [then] began to quickly buy and then resell contracts to each other—generating a 'hot-potato' volume effect as the same positions were passed rapidly back and forth.'"[23] The combined sales by the large seller and high-frequency firms quickly drove "the E-Mini price down 3% in just four minutes".[23]
There is ongoing debate among economists and historians as to what role the crash played in subsequent economic, social, and political events. The Economist argued in a 1998 article that the Depression did not start with the stock market crash,[40] nor was it clear at the time of the crash that a depression was starting. They asked, "Can a very serious Stock Exchange collapse produce a serious setback to industry when industrial production is for the most part in a healthy and balanced condition?" They argued that there must be some setback, but there was not yet sufficient evidence to prove that it would be long or would necessarily produce a general industrial depression.[41]
While there are risks for local bubbles in markets experiencing inorganic growth, like the Miami condo market for example, it’s wise for investors to focus more on their own investment strategy and less on speculation of the overall market. If able to identify and clearly understand a market and its economy, investors can find success with single-family investments.

Its pretty obvious she's completely failed. She may as well have said she never wrote the current Brexit deal, Barnier did or Merkel did. In more enlightened times her head would be on a spike by now, down by the Thames. But what do we expect from just the latest traitor to Sovereignty on the list, that includes: Heath, Major, Brown and the rest . . We need a new broom to sweep all this rubbish away, once and for all . .
Network snapshots before (left) and during (right) the simulated flash crash. The last 400 transactions in the order-book are plotted by connecting the HFT agents who transact with each other. The node color indicates the inventory size of the HFT agent. When the market operates normally (left subplot), almost all of the HFT agents are in control of their inventory (greenish color). In crash period (right), most of the HFT agents gain large inventories (red) and the network is highly interconnected: over 85 percent of the transactions are HFT-HFT.[51]
While every care has been taken in the preparation of this article, AMP Capital Investors Limited (ABN 59 001 777 591, AFSL 232497) and AMP Capital Funds Management Limited (ABN 15 159 557 721, AFSL 426455) makes no representations or warranties as to the accuracy or completeness of any statement in it including, without limitation, any forecasts. Past performance is not a reliable indicator of future performance. This article has been prepared for the purpose of providing general information, without taking account of any particular investor’s objectives, financial situation or needs. An investor should, before making any investment decisions, consider the appropriateness of the information in this article, and seek professional advice, having regard to the investor’s objectives, financial situation and needs. This article is solely for the use of the party to whom it is provided.
At least you are realistic about a mild softening of prices in the major capitals and a long overdue rise in Brisbane,unlike the doom and gloom people interviewed on 60 Minutes recently.Fear generating predictions about price falls goes on every few years and some so-called news and current events programs are irresponsible in making these out to be accurate forecasts from experts.
It was the most devastating stock market crash in the history of the United States, when taking into consideration the full extent and duration of its after effects.[1] The crash, which followed the London Stock Exchange's crash of September, signalled the beginning of the 12-year Great Depression that affected all Western industrialized countries.[2]
What I see today as concerning has very little to do with Presidents and everything to do with global banking and Fed policy. We have put our selves in a precarious situation with QE in order to massively re-inflate stock values and home values and it has worked beautifully as we have allowed that easing to go undiminished for over 8 years since the meltdown. Now we have to see what happens as we finally attempt to reverse course.
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The cost of ownership in the most high priced markets is going up even more. Why? The limitation on the mortgage interest deduction to $750K and the limitation on the sales and property tax deduction to $10K. With the increase in interest rates, the partial non deductibility of interest and taxes, the overall cost of ownership is going up. Most people will feel the punch in their guts next year when they file the 2018 taxes. That is when most folks would realize what hit them was not a pleasant surprise!

If you doubt that, go back to the last major slump, the near 60% decline in the Standard & Poor's 500 index from early October, 2007 to early March, 2009. It's easy to see with the benefit of 20/20 hindsight that it would have been smart to get out of the market the first week of October. But that was hardly obvious in real time. In fact, after dropping by almost 20% from October to early March 2008, stocks rallied for a 12% gain into the middle of May. We know now that this was just a brief respite from what would turn out to be a gut-wrenching bear market. But for all investors knew at the time, that 12% rebound could have signaled the end of the selloff and a resumption of the market's advance.
The internal reasons included innovations with index futures and portfolio insurance. I've seen accounts that maybe roughly half the trading on that day was a small number of institutions with portfolio insurance. Big guys were dumping their stock. Also, the futures market in Chicago was even lower than the stock market, and people tried to arbitrage that. The proper strategy was to buy futures in Chicago and sell in the New York cash market. It made it hard – the portfolio insurance people were also trying to sell their stock at the same time.[14]
Whereas London was once the financial capital of western Europe, it remains to be seen if it will continue to be the financial capital of the European Union. Hence the drop in the value of the pound. Hence economic uncertainty for all companies which do business in the UK or the rest of the Continent. Will the UK fall into a recession? How will that affect global demand?
6750 ft up on top of a mountain lends some perspective that’s for sure, The quiet is great for the sole. We still have to work during the week. On the weekends we work for ourselves, gathering firewood learning how to grow food etc. Freedom at least for me is eliminating the need for outside inputs. We have just enough solar power to be comfortable running our house. Woodstove for heat, well for our water. Growing some vegetables for food. Every year is easier than the year before.
Indeed, Tesla’s performance has all the makings of a stock market crash chart to reflect the irrational exuberance of 2018. Investors have pushed Tesla’s stock market valuation to such a degree that it has infected the healthiest hedge fund. It’s a one-stock Black Monday warning! Note the Tesla stock market chart. It’s moving on hope and expectations alone; every time the quarter results are released, the stock tends to drop.
Admittedly, getting to the right mix can be tricky. The percentage of stocks you're perfectly comfortable with when the market is going gangbusters may leave you frightened and anxious when stock prices plummet. One way to arrive at a portfolio mix that jibes with your risk tolerance and financial needs is to go to a tool like Vanguard's risk tolerance-asset allocation questionnaire. The tool suggests a percentage of stocks and bonds that should make sense for you. It will also show you how various mixes of stocks and bonds have fared over the long term and in up and down markets.
Nintendo reserved a large part of NES game revenue for itself by limiting most third-party publishers to only five games per year on its systems (some companies tried to get around this by creating additional company labels like Konami's Ultra Games label); Nintendo would ultimately drop this rule by 1993 with the release of the Super Nintendo Entertainment System.[50] It also required all cartridges to be manufactured by Nintendo, and to be paid for in full before they were manufactured. Cartridges could not be returned to Nintendo, so publishers assumed all the financial risk of selling all units ordered. As a result, some publishers lost more money due to distress sales of remaining inventory at the end of the NES era than they ever earned in profits from sales of the games.

Usually, HFT programs and computer trading works without a hitch. But once in a while problems do crop up. Back on Aug. 24, 2015, the United States’ three major stock indexes plunged on the open, but would recover much of their losses by midday. Among the reasons blamed for the dip were market makers and HFT traders. With so many stocks within the S&P 500 failing to open on time, and a number of exchange-traded funds under trading halts, HFTs and other high-speed traders shut down their systems, removing much-needed liquidity from the marketplace and exacerbating the early-day decline.
The absurd result of valuable stocks being executed for a penny likely was attributable to the use of a practice called "stub quoting." When a market order is submitted for a stock, if available liquidity has already been taken out, the market order will seek the next available liquidity, regardless of price. When a market maker’s liquidity has been exhausted, or if it is unwilling to provide liquidity, it may at that time submit what is called a stub quote—for example, an offer to buy a given stock at a penny. A stub quote is essentially a place holder quote because that quote would never—it is thought—be reached. When a market order is seeking liquidity and the only liquidity available is a penny-priced stub quote, the market order, by its terms, will execute against the stub quote. In this respect, automated trading systems will follow their coded logic regardless of outcome, while human involvement likely would have prevented these orders from executing at absurd prices. As noted below, we are reviewing the practice of displaying stub quotes that are never intended to be executed.

The Toronto situation is similar to Vancouver’s housing market where prices have really plummeted (43%). With the resolution of trade with the US, it appears no Toronto housing crash is imminent, and prices will return to their upward climb.  Inevitably, high interest rates and Canada’s lack of competitiveness will create a new crisis. New listings will likely drop as homeowners feel more comfortable with their employment outlook, and enjoy the housing price rise.
Statistically, September is the worst month of the year for stocks, and while the S&P 500 is up about 8.5 percent so far this year, strategists say what's ahead this fall could challenge those gains, including the U.S. midterm elections. August is often wobbly too, but this year's 3 percent S&P gain was the best performance for the month in four years.
It look really bad in 2012 and I took everything and pushed it conservative. Bad timing. I wasn’t thinking and I wasn’t looking at the charts. I am now and I know exactly what to do. I retire in just about 15 years. By then, if we don’t have a full on collapse, I expect to be STINKING RICH. Everyone could be. All you have to do is look at the charts. The right ones of course. I’ve been sworn to secrecy and that is all the clue I will give, but, suffice it to say that there is a pattern that even a monkey could see if he looked.

I am one of the victims of this mess. Bought new home Jan. 2006. By 2010 my Mortgage was sold and re-sold 4 times without anyone telling me or asking me for my permission. Just got a notice that my monthly auto payment was denied. Checking with the bank there was a new Financial Facility owning my home and wanting that payment. Also, from the first bank with the Mortgage, to the 4th Bank with the Mortgage, each of them, (1 was Natl. City Bank) also sold and went under moving my Accounts with my Money each time. Again without my approval or knowledge. I am now 66 trying to get a Harp Loan with lower interest rate while on Social Security and I’m told I can’t because my loan shows it is only 5 years old and it is really 10 years old. I’m screwed and will have to sell now at this time of life because I was a pawn on the board of this crappy game they all played and have to pay the price. NOT FAIR AT ALL!!!
Still lacking sufficient demand from fundamental buyers or cross-market arbitrageurs, HFTs began to quickly buy and then resell contracts to each other—generating a “hot-potato” volume effect as the same positions were rapidly passed back and forth. Between 2:45:13 and 2:45:27, HFTs traded over 27,000 contracts, which accounted for about 49 percent of the total trading volume, while buying only about 200 additional contracts net.
Forthcoming state elections are being pitched as Modi’s acid test before the parliamentary elections scheduled for May. As the Opposition seeks to cobble together a coalition against the Modi-led BJP and raise fresh controversies to corner his administration, analysts and political observers are losing their earlier confidence about Modi’s chances of winning a second term. An adverse election result may bring in temporary uncertainty over policy continuity and make investors nervous.
Eh... Who cares?! I'll pay... a 49 + 1/4 bid for 50,000 Procter, if I were at my hedge fund. I mean, this is ridi... this is a good opportunity. When I walked down here it was at 61—when I walked down here it was at 61, I'm not that interested in it. It's at 47, well that's a different security entirely, so what you have to do, though, you have to use limit orders, because Procter just jumped seven points because I said I liked it at 49.

But a substantial minority of us have shares. According to a study by the ASX, 31 per cent of Aussies owned shares in 2017. That’s millions of people who watch Alan Kohler do the Finance news each night with a knot in their stomach. Are they a bit more tight-fisted if the finance news is bad? Some will be, especially if they are close to retirement.
According to estimates from JPMorgan Chase in June 2017, just 10% of all stock-trading volume is the result of investors picking stocks to buy and sell. The remainder of trading volume primarily derives from quantitative-based computer trading. Essentially, we’re talking about computer programs that aim to secure small profits via high-frequency trading (HFT) hundreds or thousands of times a day.
It is not just the uber rish who lose the most. It is the middle class workers. Those of us who have worked hard and survied years of down sizing in larger corporations who will lose a great deal…along with all those who also benifit from our generosity over the years. All the school supply drives, blood drives, holliday food drives to name a few. We try to contribute the amount to our 401’s to earn the companies matching benifits. We are pentalized for taking out our money until we reach the age of 59. Those of us who are to close to retiring don’t have the opportunity to recoup our money. So we will be faced with working to a much older age then we planned. So in reality…while we may be middle income…we don’t have the ability to just put out our money. If we lose a great portion of our 401’s and there is another housing market crash they have managed to chip away yet another chuck of middle imcome households. Sooner or later it will only be the very poor and the very rich! We need a solution to bring back the middle income and a solution for more and more folks to have the opportunity to move beyond lower income! We have done our best to prepare for what life might throw at us short term and long time, but I do believe it is going to be a bummpy ride, so buckle up my prepper friends.
The failure set off a worldwide run on US gold deposits (i.e. the dollar), and forced the Federal Reserve to raise interest rates into the slump. Some 4,000 banks and other lenders ultimately failed. Also, the uptick rule,[37] which allowed short selling only when the last tick in a stock's price was positive, was implemented after the 1929 market crash to prevent short sellers from driving the price of a stock down in a bear raid.[38]
Since traditional statistical methods are perhaps less appropriate for extreme markets, other paths of examination may be more fruitful. For example the Santa Fe Institute is examining links between different disciplines. Potentially a market crash may have more in common with a growing pile of sand, than how the same market performs outside of a crash environment. When a grain of sand is added to an existing pile so the pile grows ever higher. Most of the time, one more grain will cause the pile to grow in height by a just fraction. However, at other times the addition of a single grain will lead to a collapse and in turn that collapse may be small, large or potentially even massive. Some researchers believe that better understanding these sorts of events hold the key for a better understanding of extreme market events, because today many traditional models simply fail to hold up.
The S&P BSE Sensex surged 368 points on Friday, the recovery after 970-point fall in this week earlier, to a day's high of 37,489.24 tracking the strongness in Indian rupee value against US dollar, lower crude oil prices, government's directive to oil marketers to book future prices of crude oil and positive Asian cues. Shares of ICICI Bank, Reliance Industries, HDFC Bank, ITC, Axis Bank, HDFC and SBI were the biggest positive point contributors to the benchmark index, as these stocks collectively added about 350 points. 
Bush came into office just as the terrorists mounted their attack. Clinton was the President previously. I think Bush was stunned at the attack just as he was sitting down in the Oval Office. Are you suggesting they attacked because of what they thought Bush might do in future? Half of the debt came with Obama so why is he innocent of all this? Why couldn’t the trillions dished out be tracked? Wouldn’t it have been better spent on badly needed infrastructure spending? Joe, I’m not sure you have a good argument here, but thanks for contributing.
Officials announced that new trading curbs, also known as circuit breakers, would be tested during a six-month trial period ending on December 10, 2010. These circuit breakers would halt trading for five minutes on any S&P 500 stock that rises or falls more than 10 percent in a five-minute period.[76][77] The circuit breakers would only be installed to the 404 New York Stock Exchange listed S&P 500 stocks. The first circuit breakers were installed to only 5 of the S&P 500 companies on Friday, June 11, to experiment with the circuit breakers. The five stocks were EOG Resources, Genuine Parts, Harley Davidson, Ryder System and Zimmer Holdings. By Monday, June 14, 44 had them. By Tuesday, June 15, the number had grown to 223, and by Wednesday, June 16, all 404 companies had circuit breakers installed.[78] On June 16, 2010, trading in the Washington Post Company's shares were halted for five minutes after it became the first stock to trigger the new circuit breakers. Three erroneous NYSE Arca trades were said to have been the cause of the share price jump.[79]

The big banks expect interest rates to continue to rise to between 2.25 per cent and 2.75 per cent by the end of 2019. And that will keep turning the screws on Canadians’ budgets, with more money going toward mortgage and other debt payments and less left as disposable income. Climbing rates will also continue to raise the bar for wannabe homeowners who to pass the federal mortgage stress test in order to qualify for a new mortgage.

The trouble began a week ago in the West, where in the early evening a single grain of sand fell on a portion of our pile that was already very steep. This triggered a small avalanche, as a few grains toppled downhill toward the East. Unfortunately, the pile hasn’t been managed properly in the West, and these few grains entered into another region of the pile that was also already steep. Soon more grains toppled and throughout the night the avalanche grew in size; by the next morning, it was well out of control. In retrospect, there is nothing surprising. One fateful grain falling a week ago led to a chain of events that swept catastrophe across the pile and into our own backyard here in the East. Had the Western authorities been more responsible, they could have removed some sand from the initial spot, and then none of this would have happened. It is a tragedy that we can only hope will never be repeated."

Surging oil prices: Oil has been rallying as worries about Iran sanctions, which kick in on November 4, threaten global supply. International crude oil benchmark Brent yesterday hit a four-year high of $86.74 a barrel. Given that India is the world's third largest oil consumer, and heavily dependent on imports to boot, this is the biggest threat to the domestic economy.
Of course they are, that is why there are so many EU 27 trolls on here especially German ones like H/BLUFF and PIETER, WTO is OUR ACE CARD if ONLY MAY had played it properly, thankfully the EU will have to listen as that card WILL come into play automatically now, as BRINO will be REJECTED, and no deal WTO is by default, as legislated and now set in UK law, time to get her out, and a BREXITEER in, and threaten the EU properly with it, OUR WAY ON OUR TERMS OR WE DESTROY YOU.
They are missing one imprtant thing in their analysis. This time around one can not look a historical data and charts. Market have never before been rigged like they are today. Frequency trading , shorts , naked shorts, fututres(in case of commodities it means unlimited supply of virtual goods) ETFs, etc. Never in historyhedge funds have been so sophisticated in rigging markets so none of the technical data or any fundamentals play a role over here. It's what riggers want to do ..........
Futures and options markets are hedging and risk transfer markets. The report references a series of bona fide hedging transactions, totaling 75,000 contracts, entered into by an institutional asset manager to hedge a portion of the risk in its $75 billion investment portfolio in response to global economic events and the fundamentally deteriorating market conditions that day. The 75,000 contracts represented 1.3% of the total E-Mini S&P 500 volume of 5.7 million contracts on May 6 and less than 9% of the volume during the time period in which the orders were executed. The prevailing market sentiment was evident well before these orders were placed, and the orders, as well as the manner in which they were entered, were both legitimate and consistent with market practices. These hedging orders were entered in relatively small quantities and in a manner designed to dynamically adapt to market liquidity by participating in a target percentage of 9% of the volume executed in the market. As a result of the significant volumes traded in the market, the hedge was completed in approximately twenty minutes, with more than half of the participant's volume executed as the market rallied—not as the market declined. Additionally, the aggregate size of this participant's orders was not known to other market participants.
Market crashes present great shopping opportunities for those who are ready for them. Consulting your trusty watch list, you'll be reminded of all the stocks you're interested in buying, and you can see how far they've fallen, too. You're likely to run across some other stocks to consider, also, when reading, watching, or listening to financial media.
Meanwhile, research and follow the companies on your list and get to know them well. Develop a strong understanding of just how they make their money, what their sustainable competitive advantages are, what their competition looks like, what their growth potential looks like, and how financially strong they are, such as in terms of cash and debt. When the market crashes, you'll be familiar with a bunch of companies and will have a sense of which are most compelling, growing most briskly and priced attractively. Monitoring your list regularly can help you notice when a company of interest, but not the overall market, falls in price significantly, presenting a possibly great buying opportunity.
Secondly, he says, higher interest rates raise borrowing costs for consumers and companies, so auto loans and mortgages become more expensive and companies have a harder time tapping the debt market. "Clearly, higher rates are not good for housing or auto sales," says Ed Yardeni, chief investment strategist at Yardeni Research. And if sales of these big-ticket items slow, so does the broader economy.
Together, the 1929 stock market crash and the Great Depression formed the largest financial crisis of the 20th century.[30] The panic of October 1929 has come to serve as a symbol of the economic contraction that gripped the world during the next decade.[31] The falls in share prices on October 24 and 29, 1929 were practically instantaneous in all financial markets, except Japan.[32]
Admittedly, getting to the right mix can be tricky. The percentage of stocks you're perfectly comfortable with when the market is going gangbusters may leave you frightened and anxious when stock prices plummet. One way to arrive at a portfolio mix that jibes with your risk tolerance and financial needs is to go to a tool like Vanguard's risk tolerance-asset allocation questionnaire. The tool suggests a percentage of stocks and bonds that should make sense for you. It will also show you how various mixes of stocks and bonds have fared over the long term and in up and down markets.
For example, the United States has a set of thresholds in place to guard against crashes. If the Dow Jones Industrial Average (DJIA) falls 2,400 points (threshold 2) before 1:00 p.m., the market will be frozen for an hour. If it falls below 3,600 points (threshold 3), the market closes for the day. Other countries have similar measures in place. The problem with this method today is that if one stock exchange closes, shares can often still be bought or sold in other exchanges, which can cause the preventative measures to backfire.
Indian stock markets witnessed a steep and sudden sell-off in the afternoon deals on Friday. Rajat Sharma of Sana Securities told FE Online that stock markets are "extremely overvalued" and Sensex can fall even 2,000 points from here while NSE Nifty can correct by about 1,000 points. "Nothing has changed fundamentally, I mean we have the same macro-economic situation, etc, but when a sell-off happens, nobody can predict, Rajat Sharma said further. 

Preparation is key. The best time to react to any potential market crash is before it occurs. Not after. Reacting in the moment can lead to expensive and costly mistakes. For example, if you saw that socks were on sale, you'd be more interested in buying socks. However, when it comes to stocks, people take a different view. When stocks are on sale, as can occur in a market crash, then often investors' instincts are to run away. Thinking about your strategy ahead of time and writing it down, just in a couple of paragraphs, can be key. Then if the markets do crash, make sure to look at that document before you act.