Looks like ETF stop orders at 31,800, from previous open. Many traders on

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reconhokie

vacation this week. Market blew through 31,800 level which possibly triggered automated orders in a volatile market set when assistants are sitting at the desks. News today: NFL players targeted in more crimes Another Ukr counteroffensive, another Russian shelling of the Z Nuke plant FBI Bias (surprise) More players leaving for LIV NSW training death - Not too much news out of the ordinary in a volatile market. Unless there’s some new news out this afternoon (which is unlikely, bc if admin is going to do something, they’ll wait until Thursday or Friday). Read the market- goes down through 31,800. Stops trigger purchases. Duck bobs back up above 31,800. Traders and retail brokers see some minor rebound and decide relief and some sell out then and some buy more. Duck bobs up and down for a while. In general, we’re at or below trading volume, so it’s nothing new in the market. Just the general feeling is more down than up. Again, surprise.

Posted: 08/30/2022 at 01:32 PM ET

(In response to this post by Vienna_Hokie)

Thread Replies (37)

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here we go again........ -- Vienna_Hokie Aug 30, 2022 at 10:41 AM ET

Vienna_Hokie • 08/30/22 10:41 AM ET

Looks like ETF stop orders at 31,800, from previous open. Many traders on ◄ -- reconhokie Aug 30, 2022 at 01:32 PM ET

reconhokie • 08/30/22 01:32 PM ET

Mix of reasons for market moves- Couldn’t EDIT above- -- reconhokie Aug 30, 2022 at 01:44 PM ET

reconhokie • 08/30/22 01:44 PM ET

...good news is when? not until 1Q '23? As I'ma kinda wondering... -- bourbonstreet Aug 30, 2022 at 10:00 PM ET

bourbonstreet • 08/30/22 10:00 PM ET

What is this thing "savings" you guys speak of? I get my money from the gov -- soldcokesatLane Aug 30, 2022 at 01:28 PM ET

soldcokesatLane • 08/30/22 01:28 PM ET

I feel better now that I know I’m paying you $600 here, $10,000 there ** -- reconhokie Aug 30, 2022 at 01:34 PM ET

reconhokie • 08/30/22 01:34 PM ET

^^Deshaun Watson^^ TIC** -- MP4VT2004 Aug 30, 2022 at 07:41 PM ET

MP4VT2004 • 08/30/22 07:41 PM ET

Not a today problem. Expecting major financial issues extending across -- reconhokie Aug 30, 2022 at 01:03 PM ET

reconhokie • 08/30/22 01:03 PM ET

Going to be quite the show!** -- ColoVT82 Aug 30, 2022 at 03:30 PM ET

ColoVT82 • 08/30/22 03:30 PM ET

Would say hopefully Sweden is hit especially hard driving Swedish -- reconhokie Aug 30, 2022 at 06:00 PM ET

reconhokie • 08/30/22 06:00 PM ET

Yep lots of issues. None of them good** -- fordham Aug 30, 2022 at 02:01 PM ET

fordham • 08/30/22 02:01 PM ET

At 6:30 AM it was projected to open +240. Something changed. ** -- Hoakie82 Aug 30, 2022 at 12:31 PM ET

Hoakie82 • 08/30/22 12:31 PM ET

Yea. We may dip below 30k by Friday!** -- fordham Aug 30, 2022 at 11:46 AM ET

fordham • 08/30/22 11:46 AM ET

…Mortimer, your brother is not well** -- chumley Aug 30, 2022 at 12:30 PM ET

chumley • 08/30/22 12:30 PM ET

We just need to print our way out of it...I have faith! -- Hokiehouse7 Aug 30, 2022 at 11:38 AM ET

Hokiehouse7 • 08/30/22 11:38 AM ET

LOL!** -- EDGEMAN Aug 30, 2022 at 11:58 AM ET

EDGEMAN • 08/30/22 11:58 AM ET

300? really? Hard to belive...just one question though... -- JoesterVT Aug 30, 2022 at 10:59 AM ET

JoesterVT • 08/30/22 10:59 AM ET

The dow** -- fordham Aug 30, 2022 at 11:47 AM ET

fordham • 08/30/22 11:47 AM ET

if you don't know, you must not be impacted** -- Vienna_Hokie Aug 30, 2022 at 11:01 AM ET

Vienna_Hokie • 08/30/22 11:01 AM ET

Everyone is impacted even if they don't know it .... -- vt90 Aug 30, 2022 at 11:33 AM ET

vt90 • 08/30/22 11:33 AM ET

Took my savings out of my brokers hands a few months ago. Should have taken -- AZHokie59 Aug 30, 2022 at 12:50 PM ET

AZHokie59 • 08/30/22 12:50 PM ET

agreed, glad I took $ out when I did** -- HortHokie Aug 30, 2022 at 11:36 AM ET

HortHokie • 08/30/22 11:36 AM ET

Not impacted, responsibly saved and adjusted knowing this was coming** -- darnellm Aug 30, 2022 at 11:18 AM ET

darnellm • 08/30/22 11:18 AM ET

That map where your mason jars are buried might come in handy!** -- vthhhi Aug 30, 2022 at 12:29 PM ET

vthhhi • 08/30/22 12:29 PM ET

Stuck under..... -- 2hhoop3 Aug 30, 2022 at 01:11 PM ET

2hhoop3 • 08/30/22 01:11 PM ET

Real Estate** -- darnellm Aug 30, 2022 at 01:09 PM ET

darnellm • 08/30/22 01:09 PM ET

You are brave. With the cranking of interest rates housing is slowing -- fordham Aug 30, 2022 at 02:05 PM ET

fordham • 08/30/22 02:05 PM ET

Of course that 1% you get is not quite keeping up with inflation ** -- fordham Aug 30, 2022 at 11:48 AM ET

fordham • 08/30/22 11:48 AM ET

So you were impacted since you can't get a decent return on your $.** -- Hokiehouse7 Aug 30, 2022 at 11:39 AM ET

Hokiehouse7 • 08/30/22 11:39 AM ET

Or he doesn't obsess minute by minute the rise & fall of markets.** -- Stork Aug 30, 2022 at 11:03 AM ET

Stork • 08/30/22 11:03 AM ET

Take credit. ** -- reconhokie Aug 30, 2022 at 12:55 PM ET

reconhokie • 08/30/22 12:55 PM ET

It eases the pain of checking once every couple of months!** -- Hokiehouse7 Aug 30, 2022 at 12:17 PM ET

Hokiehouse7 • 08/30/22 12:17 PM ET

LOL.** -- vt90 Aug 30, 2022 at 12:55 PM ET

vt90 • 08/30/22 12:55 PM ET

I don’t obsess about it but being 56 and knowing I will need some money to -- fordham Aug 30, 2022 at 11:51 AM ET

fordham • 08/30/22 11:51 AM ET

nor do I...just happened to see it fall -- Vienna_Hokie Aug 30, 2022 at 11:06 AM ET

Vienna_Hokie • 08/30/22 11:06 AM ET

this is the correct answer** -- JoesterVT Aug 30, 2022 at 11:05 AM ET

JoesterVT • 08/30/22 11:05 AM ET

Guessing the DJIA** -- MP4VT2004 Aug 30, 2022 at 11:00 AM ET

MP4VT2004 • 08/30/22 11:00 AM ET

now -400** -- Vienna_Hokie Aug 30, 2022 at 10:51 AM ET

Vienna_Hokie • 08/30/22 10:51 AM ET