Home › Forums › Financial Markets/Economics › Shiller PE Ratio above 30 › spdrun wrote:Whoopssss!
[quote=spdrun]Whoopssss! Looks like our tariffs on Chinese goods are staying till at least November…
https://www.marketwatch.com/story/dow-loses-perch-at-29000-stocks-turn-negative-as-report-says-china-tariffs-will-remain-until-after-2020-election-2020-01-14
Dow +11, Nasdaq -24.[/quote]
It’s like AMD short sellers that were cheering when they saw AMD go from 32 to 28 before getting creamed going to 49. But hey, without shorts buying to cover at a loss, there wouldn’t be buyers for those selling at a profit. Ha!