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MichMan

(14,879 posts)

16. It has lost an average of 1000 pts a day since the tariffs were announced

Reply to onenote (Reply #10)

Sat Apr 5, 2025, 02:44 PM

Apr 5

There are 18 trading days left in the month. That alone would be another 18,000 points or more. Once it keeps plunging, even more people are going to panic and sell, so that daily rate will be accelerated quickly.

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Will the stock market stabilize Monday or will it continue to drop? [View all] kentuck Apr 5 OP

Probably will be down to 10,000 Dow by the end of the month MichMan Apr 5 #1

Probably not. onenote Apr 5 #10

It has lost an average of 1000 pts a day since the tariffs were announced MichMan Apr 5 #16

I'm not the only one MichMan Apr 6 #18

I don't see anything on the horizon to turn it around... I certainly don't hope for more dramatic losses, but... hlthe2b Apr 5 #2

Not sure about Monday, but the week will likely be down unless trump reverses a lot of his tariffs and Silent Type Apr 5 #3

Stabilize...will be up and down 400 points either way, but end about even Prairie Gates Apr 5 #4

No, and war criminal Bibi coming to WH on Monday won't help. Sneederbunk Apr 5 #5

I have a lot of confidence it will open up TheFarseer Apr 5 #6

Down Arazi Apr 5 #7

This is the current after hours trading on CNN mikelewis Apr 5 #8

Action here will wait until they see other markets. cachukis Apr 5 #9

It'll have a "dead cat bounce" and then crash more, imo. Oneironaut Apr 5 #11

Margin calls, then ↓ n/t dobleremolque Apr 5 #12

Will drop big enough well to be big but just short of the circuit breakers. William769 Apr 5 #13

Certainly not expecting an upturn any time soon... Wounded Bear Apr 5 #14

Hopefully, crash again EnergizedLib Apr 5 #15

Prophecy of conditions for a long while. Ping Tung Apr 5 #17

Administration to markets: Don't expect a rescue struggle4progress Apr 6 #19

Black Monday 2 Renew Deal Apr 6 #20

Think it will be chaotic for a bit. Xolodno Apr 6 #21