Post by
Inglewood on Jul 18, 2024 11:56am
Why did the US banks just turn red?
Seems like a big swing down out of no where? What is the catalyst?
Comment by
Splitfunding on Jul 18, 2024 11:58am
Profit taking, after the recent run up tomato's it's understandable. Also it's not just the banks look at the entire market, everything down today.
Comment by
Splitfunding on Jul 18, 2024 12:00pm
Not sure how tomato's got in there, ignore that lol. In any case FFN is still holding up strong.
Comment by
NoShoesNoShirt on Jul 18, 2024 1:16pm
Why is the market rumpled up? Donald Trump said he wants a lower US dollar. Technology stocks crashed because he said he wouldn't protect Taiwan. He constantly makes statements that are off the top of his head, never consults advisers. Here's 4 more years of knee-jerk reactions and seat of the pants trial and error policy. And he sure doesn't care for Canada.
Comment by
Inglewood on Jul 18, 2024 12:48pm
uh-oh, look out below... FFN down 3% today;
Comment by
kurtwalter on Jul 18, 2024 1:22pm
FFN can be quite volatile - usually starts mornings on a negative note, recovers later. NAV of my mock portfolio is only down 1.4%, so FFN down 3% earlier in the day is an overreaction. Now down 1.79% at 1:22 pm