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/YouDrink 2d ago edited 2d ago

I'm not confident on what Monday will do.

Shits real bad, but the markets pretty oversold from the last two days and about to try at SPX 5000. It could bomb down for a Black Monday, or could dead cat bounce against that support, that I don't think it's guaranteed it'll be deep red. 

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u/Lost-Cabinet4843 2d ago

I reckon that it will rally on Monday. And I also reckon only a fool would buy into it. And people who buy into it will say that I am a fool for not buying.

Bottoms form like bathtubs. Then they go up then retest resistance before whipping back up again. I am unconcerned about trying to time a bottom which nobody can do. nor do I think this is a bottom.

But you are right, I believe we will have a rally. It's time to milk retail investors totally dry. Institutions are very good at it.

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u/kelsos666 2d ago

Monday will be green, I'm pretty sure. The next large leg down will be immediately after the counter reaction from the EU (tariffs for US digital services are being discussed). But the EU isn't a dictatorship with one mighty leader, and must bring all member states under one roof. Every European knows that this can take a very long time.

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u/Lost-Cabinet4843 1d ago

Im pretty sure it is too, it's just milking the rest of retail out of whatever dry powder they have left.

Anyone who is getting talked into stocks in this market read my words: Do not buy anything above the 200mda under any single circumstance, and even if it does do so with extreme caution. Theres a ways to go up there and as Ive read from multiple fund managers they are all selling into strength.

Sector specific things like bonds etc are not what I am referring to.

Do not think that this fundamental change in world policy will end at all well. Keep your cash, keep your wealth and deploy when it truly bottoms. That wont be for a while so this is a great time to get a hobby.

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u/drjd2020 2d ago

Why do you think they "oversold?" Based on what?

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u/PreventativeCareImp 2d ago

How his fart smelled

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u/Lost-Cabinet4843 2d ago

Techniicals. It is oversold.

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u/ChaseballBat 2d ago

P/E of S&P500 Current Value: 25.677 (as of April 3, 2025)

10-year Median: 15.9

Historical Range: The S&P 500 P/E ratio has reached a record high of 131.391 and a record low of 5.31, with a typical range of 20.82 to 28.78.

https://www.macrotrends.net/2577/sp-500-pe-ratio-price-to-earnings-chart

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u/Analyst-man 2d ago

How did you get 10 year median of 15.9 and then the link you posted completely contradicts that LMAOOOO

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u/ChaseballBat 2d ago

IDK man I just copied the info. Too tired to care. But the sentiment is still there.

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u/Analyst-man 2d ago

How did you copy the info when 1. Macro trends isn’t a vetted site and 2. It’s not even on the link you shared lmao. I suggest you get a Bloomberg terminal or subscribe to Koyfin or some other at home site. Much more accurate

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u/ChaseballBat 2d ago

I copied it from the search result

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u/Analyst-man 2d ago

So you just trust whatever your search result tells you? Lmao. Well then, give me 2 min and I’ll get you a search result that says you should give me all your money. Jesus what a post hahaha

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u/ChaseballBat 2d ago

Bruh I'm stoned I don't give a shit lol.

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u/[deleted] 2d ago

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u/midas22 2d ago

It's time for a bounce to wipe out the shorts. It'll drop again on Tuesday.