Ebola in the USA: Are You Concerned?

[Wedgebuster]

Quarantine Texas, in it's entirety, permanently, Rick Perry and all.

[BDKJMU]

Meanwhile the market is freaking out:

"Stock market 'freak out': Dow dips 460 points

It's been a scary month on Wall Street, but Wednesday is the most hair-raising day yet.

The Dow plummeted as much as 460 points -- its deepest tumble in more than three years. The Nasdaq fell so far that it actually dipped into "correction" territory at one point. That's Wall Street jargon for a 10% drop from a previous high.

Stocks have bounced off their worst levels but remain deeply in the red. It got so ugly Wednesday that all of the stock market gains for 2014 have now been erased. Even the S&P 500 and the Nasdaq are close to zero or negative now.

What's driving this freak out? Investors have been spooked by gloomy economic numbers, another health worker testing positive for Ebola, plummeting energy prices and continuing concerns about Federal Reserve policies.

"We have a really toxic cocktail of negatives" that are "conspiring to put pressure on the markets," said Art Hogan, chief market strategist at Wunderlich Securities.

Fear continues to grip the stock market. This week CNNMoney's Fear & Greed Index has tumbled to zero, indicating "extreme fear," for the first time since 2011."
http://money.cnn.com/2014/10/15/investi ... ney_latest" onclick="window.open(this.href);return false;

[Bronco]

Meanwhile, Obama has cancelled campaign trip cabinet meeting to deal with escalating crisis..

President Ebola canceling a fundraising trip ...this must be serious
You'll know we're in trouble if he cancels a golf outing

[BDKJMU]

Has anyone listened to interviews with CDC Director Thomas Frieden? This guy is a clown. He almost never answers a question. He is heavily trained in media relations and does not provide an answer that is worth a ****.

How is a person that worked with an ebola patient, and on constant monitoring, allowed to take public transportation? The CDC is another flailing government program. We are all ****.

Well, when you have that azz clown putting out "Risk Of Ebola Spreading To US Is Remote" all summer long, its no wonder the public has zero confidence or trust in them..

[Skjellyfetti]

So.... the fact the Dow rebounded almost 300 points from its low means a breakthrough in the Ebolapocalypse happened around 1:30 est?

[BDKJMU]

Quarantine Texas, in it's entirety, permanently, Rick Perry and all.

No, tell President Ebola to do his f'ing job. If he had instructed a travel ban a month ago from the infected W African countries like he should have and like many were urging him to do, we would have had zero people in the US diagnosed with Ebola, as Duncan never would have been allowed to enter the US in the 1st place. Now we have 3. The CDC says its only about 150 people a day from those infected countries entering the US. Well then, issue a f'ing travel ban. So tough sh*t if 150 a day can't enter the US until the outbreak has run its course.

[BDKJMU]

So.... the fact the Dow rebounded almost 300 points from its low means a breakthrough in the Ebolapocalypse happened around 1:30 est?

Its was still down 173 pts today and 5% this week alone. After all those big gains from earlier in the year have been erased and its down 2.6% on the year..

[Skjellyfetti]

Its was still down 173 pts today and 5% this week alone. After all those big gains from earlier in the year have been erased and its down 2.6% on the year..

Because of ebola?

[BDKJMU]

Its was still down 173 pts today and 5% this week alone. After all those big gains from earlier in the year have been erased and its down 2.6% on the year..

Because of ebola?

One factor of several.

[dbackjon]

Quarantine Texas, in it's entirety, permanently, Rick Perry and all.

I will volunteer at the border, if you teach me how to handle a weapon

[dbackjon]

Why don't you tell all the AZZ-Clown GOP Senators to stop blocking the appointment of a Surgeon General...

[ASUG8]

Why don't you tell all the AZZ-Clown GOP Senators to stop blocking the appointment of a Surgeon General...

I'm surprised Obama hasn't exercised executive privilege.

[CAA Flagship]

Why don't you tell all the AZZ-Clown GOP Senators to stop blocking the appointment of a Surgeon General...

I'm surprised Obama hasn't exercised executive privilege.

He is scared because if he is wrong, he loses a time out.

[CAA Flagship]

Meanwhile the market is freaking out:

"Stock market 'freak out': Dow dips 460 points

It's been a scary month on Wall Street, but Wednesday is the most hair-raising day yet.

The Dow plummeted as much as 460 points -- its deepest tumble in more than three years. The Nasdaq fell so far that it actually dipped into "correction" territory at one point. That's Wall Street jargon for a 10% drop from a previous high.

Stocks have bounced off their worst levels but remain deeply in the red. It got so ugly Wednesday that all of the stock market gains for 2014 have now been erased. Even the S&P 500 and the Nasdaq are close to zero or negative now.

What's driving this freak out? Investors have been spooked by gloomy economic numbers, another health worker testing positive for Ebola, plummeting energy prices and continuing concerns about Federal Reserve policies.

"We have a really toxic cocktail of negatives" that are "conspiring to put pressure on the markets," said Art Hogan, chief market strategist at Wunderlich Securities.

Fear continues to grip the stock market. This week CNNMoney's Fear & Greed Index has tumbled to zero, indicating "extreme fear," for the first time since 2011."
http://money.cnn.com/2014/10/15/investi ... ney_latest" onclick="window.open(this.href);return false;

I'm currently in an all cash position right now and waiting for a bottom.
The futures right now indicate another selloff tomorrow. Netflix is down over 100 points (25%) in after hours trading after their earnings report beat the estimate but new subscribers fell short.

[kalm]

Because of ebola?

One factor of several.

Are lower energy prices a good thing or a bad thing for America?

[CAA Flagship]

One factor of several.

Are lower energy prices a good thing or a bad thing for America?

Good short term. Bad long term for world economy.

[kalm]

Are lower energy prices a good thing or a bad thing for America?

Good short term. Bad long term for world economy.

So cheap energy is a bad thing?

[CAA Flagship]

And it is also bad for the people that would rather own a big vehicle, but bought is small one because of better gas mileage.

[CAA Flagship]

Good short term. Bad long term for world economy.

So cheap energy is a bad thing?

Not a bad thing, but the global economy will take a while to absorb it if it stays cheap. The cost of extraction and production does not change. That industry can absorb a brief period of low oil prices but if it is extended, a domino effect will take place.

[89Hen]

So cheap energy is a bad thing?

Not a bad thing, but the global economy will take a while to absorb it if it stays cheap. The cost of extraction and production does not change. That industry can absorb a brief period of low oil prices but if it is extended, a domino effect will take place.

Cheaper pizza?

[dbackjon]

So cheap energy is a bad thing?

Not a bad thing, but the global economy will take a while to absorb it if it stays cheap. The cost of extraction and production does not change. That industry can absorb a brief period of low oil prices but if it is extended, a domino effect will take place.

You mean supply and demand?

[Skjellyfetti]

I'm currently in an all cash position right now and waiting for a bottom.
The futures right now indicate another selloff tomorrow. Netflix is down over 100 points (25%) in after hours trading after their earnings report beat the estimate but new subscribers fell short.

When did you sell off and how much capitol gains tax did you pay?

[CAA Flagship]

Not a bad thing, but the global economy will take a while to absorb it if it stays cheap. The cost of extraction and production does not change. That industry can absorb a brief period of low oil prices but if it is extended, a domino effect will take place.

You mean supply and demand?

Not really. It plays a part though.
Think of the debt load that companies have taken on to extract and produce oil. That debt is based on certain oil prices. If oil is too low, too long, there will be massive shut downs and the next thing you know, supply will drop far below demand. Prices will then "artificially" rise and remain so until there is stability and a return to expansion. But there will be a lot of pain until then.

For you green guys, the higher the oil prices are (or cost to extract and produce), the better the ROI is for alternative energy projects.

[CAA Flagship]

I'm currently in an all cash position right now and waiting for a bottom.
The futures right now indicate another selloff tomorrow. Netflix is down over 100 points (25%) in after hours trading after their earnings report beat the estimate but new subscribers fell short.

When did you sell off and how much capitol gains tax did you pay?

Sold "long term" investments at end of August (they are technically short term since this is money from the sale of my house in May). Made several short term trades since then. Sold last holding (Seagate) the other day at $53.67 (that one was a loss). I hope to get Seagate back at just under $50. They report at the end of October and I think things will settle down in the overall market by then and should be back to around $60 by the end of November.

I'm carrying over losses from the mid-late 2000's so my gains will be tax free. The other investments are in my IRA so capital gains does not come into play.

[LeadBolt]

Oil prices between $80-90 are perfect long term for the economy, imo. High enough to sustain drilling, low enough not to soak up too much discretionary income by keeping gas prices under $3.00/gal., except in high tax states.