r/stocks • u/Chrissylumpy21 • 2d ago

Crystal Ball Post Is Black Monday Incoming?

So much fear in the markets and this time really feels different. All the Mag7 stocks are so hit by the tariffs our iPhones will probably cost $5,000 soon and as the world slows, people will use Amazon less, advertise less on FB/IG. No one is buying Tesla anymore. Who needs anymore AI chips, yet AI is decreasing Google searches.

I fear the world is realizing it all this weekend. Or is it just me that sky appears to be falling?

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u/kopeezie 2d ago

Agreed.  

1) Need either capitulation to set in.   2) reason for positive earnings outlook.  3) reversal.  

I see two more episodes, given the previous week and end of feb one, before a true bottom.  

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u/CaptanTypoe 2d ago

Hard to call a bottom when we have no idea what is coming next. Very different bottom scenarios if Trump caves this weekend vs. keeps this in place for 2yrs.

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u/mpoozd 2d ago

He threatened Iran too, B2 boomers already deployed near Indian ocean god knows what's the next crazy shit.

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u/Comfortable-Pause279 2d ago

These last four months have been exhausting. It's startling he can pack so much psychotic bullshit into it.

It didn't used to be this way: in the summer of 2001 we had the "Summer of the Shark" because US media didn't have enough stories to cover.

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u/SonataMinacciosa 1d ago

And then 9/11.

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u/WinterDice 2d ago

Yup. He has to have the next distraction lined up.

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u/XmasNavidad 1d ago

Nothing like a little (big) war in the Middle East as a distraction from the other chaos…

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u/OrneryZombie1983 1d ago

No meaningful elections this year so Trump won't care about the markets until 2026. He's the kind of guy that would crash the Dow to 20k and then campaign during the midterms bragging about a recent pop to 30k.

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u/Joeyfingis 2d ago

Trump is the kind of moron who doesn't know how to cave. Plus he answers to Putin and this is all great for Russia.

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u/Testynut 1d ago

Lol ok

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u/Dr-McLuvin 2d ago

How likely do you think he can wait this out though? I feel like Congress would act first.

I think this might be close to a bottom. I can’t see sentiment getting any lower before people say enough is enough.