Market correction now?

Google
fradde

Go to company page Google

fradde
Jul 25, 2018 40 Comments

Housing has been slow in the last two months. Now with not-so-good Netflix earning last week, ok Google and terrible Facebook earnings this week, will the correction happen soon? If yes how far is the housing price correction lagging behind bad earnings?

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TOP 40 Comments
  • Netflix
    Gghhjjkk

    Go to company page Netflix

    Gghhjjkk
    Sell everything. Panic.
    Jul 25, 2018 1
  • Since when Facebook and Netflix became recession indicator?
    Jul 25, 2018 4
    • Google
      fradde

      Go to company page Google

      fradde
      OP
      1. So does housing, and they are correlated. Only the question is how far it is behind.
      2. Irrelevant to the question
      3. Stock price is the CURRENT market valuation, only if you know non-public information
      4. Again, question is about housing. Housing skyrockets at thr pace of stock, not with GDP.
      Jul 25, 2018
    • Stock market valuation is done against country’s GDP. Currently US gdp is ~20 trillion. If you sum up market cap of all companies listed in the exchange it comes to about ~29 trillion.
      I don’t have any non-public info but facts.
      Jul 25, 2018
  • Tesla
    LEETCODER

    Go to company page Tesla

    LEETCODER
    You guys need to chill. At tesla we see a dip of 20% every other week thanks to Elon's tweet. A small dip doesn't mean anything.
    Jul 25, 2018 3
  • New / Mktg
    Mojoman

    New Mktg

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    Mojoman
    The housing market always seems to lag the stock market. If you look at the stock market low last time around, it was March 2009, but for housing it was sometime in early 2011. Of course, no two recessions are the same, so I would think that once stocks go down, and revenues go down, and people start getting laid off, add another year for the house in correction to start and maybe six months from there to bottom out. So I would say all in all, one year for the housing market to bottom out from when the stock market bottoms out.
    Jul 25, 2018 0
  • Oracle
    fkthekinh

    Go to company page Oracle

    fkthekinh
    Dude, you are relating what to what man! Amazon’s earnings is tomorrow. If they report awesome earnings, then what, does it mean the house market will surge again? Your post sounds more like wishful thinking for me.. Save up your money and wait. That’s all we can do.
    Jul 25, 2018 1