Dow?
- Thread starter irvinehomeowner
- Start date
NEW -> Contingent Buyer Assistance Program
RMB doesn't work on regular currency philosophies/guidelines...it only dropped in value because the CCP was trying to jump start the Chinese stock market and maintain the Chinese edge in labor costs. The Chinese are not that accommodating to American interests, especially when its economy in not so good shape. The cracks are a lot wider than people see.
Fed is not going to do another QE5 although the latest employment numbers may delay the hike in interest rates.
Since you don't calculate available cash the way they did, the article means nothing. They took cash minus potential taxes and all liabilities (for one, potential taxes are double counted since they are already included in the liabilities). They didn't add in any assets other than cash (such as inventory, accounts receivable, etc.)
Basically click bait with useless info.
There have been a lot of new market policies that have been implemented since that time. It would be more difficult (but not impossible) to replicate a one day 20% drop with the new circuit breaker program. They would probably halt all market trading for a time.
Yes, I have been watching this from your last post about the spike to coincide with payday and 401K deposit. The question I have is if 401 K is deducted every two weeks which most major corporation do, those funds are then purchase immediately correct?
401K funds are generally funded differently than payroll. For a Friday payday, payroll is generally submitted to ADP/Paychex, etc on on Tuesday by 5:30pm and then a wire is sent to ADP on wednesday to fund payroll. the 401K wire to the 401K administrator (fidelity, etc) is usually sent out on payday or monday of the following week. So at best, a purchase by the 401K administator probably happens on monday and most likely on tuesday.
zubs
Well-known member
The RMB has already depreciated to 6.4 per 1 usd (from 6.2). Will a rate hike by the FED depreciate it more? Isn't a rate hike the opposite of printing money? Interest rates go up, liquidity get puts back in the banks.
A conspiracy theory I read on zerohedge said that the FED asked China to depreciate their RMBs so that the FED could have an easier time with congress & the American people to print more money (QE5) and delay a rate hike.
A conspiracy theory I read on zerohedge said that the FED asked China to depreciate their RMBs so that the FED could have an easier time with congress & the American people to print more money (QE5) and delay a rate hike.
Irvinecommuter
New member
zubs said:
RMB doesn't work on regular currency philosophies/guidelines...it only dropped in value because the CCP was trying to jump start the Chinese stock market and maintain the Chinese edge in labor costs. The Chinese are not that accommodating to American interests, especially when its economy in not so good shape. The cracks are a lot wider than people see.
Fed is not going to do another QE5 although the latest employment numbers may delay the hike in interest rates.
Irvinecommuter
New member
This is an interesting take on Apple's cash reserves. I wonder how many other company's cash reserve numbers are similarly limited.
http://www.marketwatch.com/story/ap...ler-than-you-think-2015-10-07?dist=beforebell
http://www.marketwatch.com/story/ap...ler-than-you-think-2015-10-07?dist=beforebell
paperboyNC
New member
Irvinecommuter said:
Since you don't calculate available cash the way they did, the article means nothing. They took cash minus potential taxes and all liabilities (for one, potential taxes are double counted since they are already included in the liabilities). They didn't add in any assets other than cash (such as inventory, accounts receivable, etc.)
Basically click bait with useless info.
morekaos
Well-known member
I don?t know if its resilience, or psychological defense mechanisms or if is really true, that time heals all wounds but It never ceases to amaze me how short our memories are as a species. On this date 28 years ago the world was ending, right now. Armageddon had arrived and we were all doomed!!!! In case you don? t remember the relevance of todays date let me show you what has hung on my office wall for 28 years since that day?
?that is a copy of my paper the morning of October 20th 1987. To put that into perspective of today?s market, the Dow Jones would have to fall 3891 points from where it is (17221) IN ONE DAY!!!! I Know this might seem irrelevant to some of you but I assure you that in today?s media driven environment a fall of almost 4000 points in one day would shake the world to its core. I point this out as this event is now mentioned as a foot note In the morning news. Yes, we all survived this and thrived but wait till it happens again, The media makes 1000 point flash crashes sound like the end of the world but you should view them with a little perspective next time you yearn to punch the panic button. It is NEVER ?unprecedented? and In the end perhaps time does heal all wounds. Today?s lesson from my nostalgia.
?that is a copy of my paper the morning of October 20th 1987. To put that into perspective of today?s market, the Dow Jones would have to fall 3891 points from where it is (17221) IN ONE DAY!!!! I Know this might seem irrelevant to some of you but I assure you that in today?s media driven environment a fall of almost 4000 points in one day would shake the world to its core. I point this out as this event is now mentioned as a foot note In the morning news. Yes, we all survived this and thrived but wait till it happens again, The media makes 1000 point flash crashes sound like the end of the world but you should view them with a little perspective next time you yearn to punch the panic button. It is NEVER ?unprecedented? and In the end perhaps time does heal all wounds. Today?s lesson from my nostalgia.
Attachments
iacrenter
Well-known member
morekaos said:
There have been a lot of new market policies that have been implemented since that time. It would be more difficult (but not impossible) to replicate a one day 20% drop with the new circuit breaker program. They would probably halt all market trading for a time.
nosuchreality
Well-known member
Yea. I wonder if those changes will make it worse. That crash was over before most could do anything. Imagine that crash getting half done and everything getting put on hold until tomorrow. Then a repeat. Then instead of people licking their wounds many thinking get out and buy in lower. Or what about investor psychology if it rolls into a third day?
irvinebullhousing
Well-known member
aquabliss said:It's payday and 401k deposit day today. Should have known. The conspiracy is still alive!
Yes, I have been watching this from your last post about the spike to coincide with payday and 401K deposit. The question I have is if 401 K is deducted every two weeks which most major corporation do, those funds are then purchase immediately correct?
qwerty
Well-known member
Compressed-Village said:aquabliss said:It's payday and 401k deposit day today. Should have known. The conspiracy is still alive!
Yes, I have been watching this from your last post about the spike to coincide with payday and 401K deposit. The question I have is if 401 K is deducted every two weeks which most major corporation do, those funds are then purchase immediately correct?
401K funds are generally funded differently than payroll. For a Friday payday, payroll is generally submitted to ADP/Paychex, etc on on Tuesday by 5:30pm and then a wire is sent to ADP on wednesday to fund payroll. the 401K wire to the 401K administrator (fidelity, etc) is usually sent out on payday or monday of the following week. So at best, a purchase by the 401K administator probably happens on monday and most likely on tuesday.