Is another stock market crash coming soon?

[Brian4Liberty]

Seems that more and more people are calling for a near-term correction. The term "mature-market" is being thrown around, by people who are usually cheerleaders for the market. This bull-run within a secular bear has just about run out of steam, and the debt crisis is just what it will take for it to be pushed over the edge.

Unfortunately, an overall market crash will take mining stocks with it. Gold and silver will also be hit, as people will need to raise cash. If someone is fully invested, is it time to take some profits so that you have cash waiting to buy back in after the crash?

One article:

Certain silver stocks appear to be poised to drop after recent gains, as they now are trading at overbought levels. It's not likely that the United States will default, and if this potential crisis is averted, a swift correction could take place in precious metals and mining stocks. Even if there is a default, the economy could go into a double dip recession and that would likely reduce industrial demand for silver, so it might make sense to take some profits now regardless of what happens.

http://seekingalpha.com/article/282...that-could-move-sharply-lower-with-no-default

 

[Seraphim]

I'd sell ETF's but hold physical.

I agree that the cyclical bull within the secular bear is running out of steam for the general stock market.

 

[cubical]

Still still at 40.50 and gold is well over 1600. The miners are being brought down with the market.

 

[DamianTV]

Probably crash on Aug 3rd after the Debt Ceiling is not raised. Of course, 3 days later, we will get an agreement where they cut the spending by the full price of a "Happy Meal" and call it good.

 

[Zippyjuan]

August 3rd could be a good day to be buying stocks if the market takes a big drop.

 

[headhawg7]

August 3rd could be a good day to be buying stocks if the market takes a big drop.

Totally agree and that's what I am set to do.

 

[cubical]

August 3rd could be a good day to be buying stocks if the market takes a big drop.

Could be. I am expecting a deal to be done and a 150 point move up, followed by a gradual sell off.

 

[headhawg7]

Could be. I am expecting a deal to be done and a 150 point move up, followed by a gradual sell off.

I am thinking at least 200 on the dow the day of or after depending on when it is struck. I think it will drop a bit this morning and depends on what happens on the hill it could drop at least 100 if not more today alone. I think the closer it comes to the "deadline" the more it will drop. It will be a push by wall street to scare the politicians into raising the debt ceiling. As soon as the deal is struck it will rocket back up before leveling off. Just my $.02

 

[outspoken]

Trying to get into the mind of how the market works in the short term is like trying to figure out what a narcissistic bipolar person with psychotic tendencies is going to do tomorrow. As long as they're medicated (the market is medicated with fiat money and central banks), their future behavior is at best somewhat predictable... but you never know when they're going to go off their meds.

 

[icon124]

I trade fulltime...futures, stocks, and options on technical basis. The SPX does look like it may be topping out up around here....leaning more towards a longer term down move....but that could easily just turn into a sideways market as well...as far as up momentum goes it looks like it is starting to dry up. We shall see.

 

[-C-]

Bulls, bears, or goats, it doesn't matter. Can't believe you guys really use that terminology in a serious manner. If commods inflate b/c of the debt fears, and its raised, obviously you will see a decline afterwards. Everyone here seems to wonder "what, when, how will this crisis come." Its already here, the derivatives bubble has been collapsing since 2007. There isn't a day that goes by that the world's net physical production per capita isn't declining. You guys bitch so hard about the fed printing money, but you never say why it is they're printing money. You had the so-called "free market" come up with extremely exotic financial instruments, and now we're sitting at 4600+ trillion of derived debt? Get real. Why do we even bitch and moan about 14 trillion we spend at home, or abroad? It is so small relative to the actual bankruptcy of the entire financial system. Even Ron Paul won't get to the real issue, he stops at "we're bankrupt" when in reality its the inter-alpha group of banks that are bankrupt, looting the central banks of all gov'ts of the world. Right right, I see, we can't blame retarded, greedy, harvard executives coming up with insane calculus, but we'll just blame the fed for bailing them out, let the free market off the hook, after they've already created a derived debt bubble systemic to the entire planet...........right......

Free Markets always can, have, and will buy your government, to legislate in their favor. Adam Smith and Hayek are jokes.

 

[Seraphim]

The shitty part about a sideways market in today's enviroment is that it is, in fact, a bear market.

Many stock indexes are flat over the last 10 years. Factor in inflation and cost of living and stocks as a market whole have lost value (Secular bear).

I trade fulltime...futures, stocks, and options on technical basis. The SPX does look like it may be topping out up around here....leaning more towards a longer term down move....but that could easily just turn into a sideways market as well...as far as up momentum goes it looks like it is starting to dry up. We shall see.

 

[Seraphim]

Are you serious? You think it's the commercial alpha banks that are looting the central banks???

The central banks ARE the commercial banks. The central bank is the cartels unified printing press consolidated by law. The central banks are the functional aspect that has enabled the fascism and psychopaths to take over.

Bulls, bears, or goats, it doesn't matter. Can't believe you guys really use that terminology in a serious manner. If commods inflate b/c of the debt fears, and its raised, obviously you will see a decline afterwards. Everyone here seems to wonder "what, when, how will this crisis come." Its already here, the derivatives bubble has been collapsing since 2007. There isn't a day that goes by that the world's net physical production per capita isn't declining. You guys bitch so hard about the fed printing money, but you never say why it is they're printing money. You had the so-called "free market" come up with extremely exotic financial instruments, and now we're sitting at 4600+ trillion of derived debt? Get real. Why do we even bitch and moan about 14 trillion we spend at home, or abroad? It is so small relative to the actual bankruptcy of the entire financial system. Even Ron Paul won't get to the real issue, he stops at "we're bankrupt" when in reality its the inter-alpha group of banks that are bankrupt, looting the central banks of all gov'ts of the world. Right right, I see, we can't blame retarded, greedy, harvard executives coming up with insane calculus, but we'll just blame the fed for bailing them out, let the free market off the hook, after they've already created a derived debt bubble systemic to the entire planet...........right......

Free Markets always can, have, and will buy your government, to legislate in their favor. Adam Smith and Hayek are jokes.

 

[-C-]

Are you serious? You think it's the commercial alpha banks that are looting the central banks???

The central banks ARE the commercial banks. The central bank is the cartels unified printing press consolidated by law. The central banks are the functional aspect that has enabled the fascism and psychopaths to take over.

Hey we floated our currency like rejects, the inter-alpha group of banks formed, and they've been hard at it ever since. I don't like quasi-private central banks anymore than the next guy, but I'm only being honest when I say the 14-16 trillion dollar debt ceiling is laughable in the face of all the dollar denominated debt planet-wide. Do you not agree that the market has lost its mind? Seems to me that Wallstreet and London are running the government, not the other way around, not even close.

Oh, and pretty sure it was the private financiers of london and wallstreet that bankrolled fascism in germany and italy, which central bank gave them money again?

 

[Seraphim]

I just want them seperated. NEITHER should be running the other. I'm not a fan of fascism or communism.


Seperation of money and State is going to be the next big leap in social enlightement, no different then the seperation of church and state.

Hey we floated our currency like rejects, the inter-alpha group of banks formed, and they've been hard at it ever since. I don't like quasi-private central banks anymore than the next guy, but I'm only being honest when I say the 14-16 trillion dollar debt ceiling is laughable in the face of all the dollar denominated debt planet-wide. Do you not agree that the market has lost its mind? Seems to me that Wallstreet and London are running the government, not the other way around, not even close.

 

[-C-]

Glass-Steagall.

H.R. 1489

 

[swissaustrian]

Man, is anybody watching the swiss franc (CHF)?
Soon i´ll be able to buy a skyscraper in NY

 

[HOLLYWOOD]

Man, is anybody watching the swiss franc (CHF)?
Soon i´ll be able to buy a skyscraper in NY

I was in Australian when the AUD it was worth 56 cents and the Kiwi buck was worth like 45 cents... NOW AUS $1.09 & NZD 0.88

 

[swissaustrian]

I was in Australian when the AUD it was worth 56 cents and the Kiwi buck was worth like 45 cents... NOW AUS $1.09 & NZD 0.88

Compare these gains to the dxy.
Everybody in the financial msm is looking at the dxy and saying that the $ is a sound currency with low inflation (cpi). The problem is that the dxy compares trash (usd) to garbage (mainly eur).

 

[Jeez]

The shitty part about a sideways market in today's enviroment is that it is, in fact, a bear market.

Many stock indexes are flat over the last 10 years. Factor in inflation and cost of living and stocks as a market whole have lost value (Secular bear).

They don't factor in dividends, most dividend funds are avg 6%/yr over a decade....