Major financial meltdown?

[Stacktastic]

I know this has been an ongoing tinder box for many years, but: 

Is anyone else sensing the start of a major SHTF moment on the immediate horizon??  
I have been watching the markets for a few years daily & I swear I can sense the hedge fund fingers hovering over the sell buttons. 😛 

Thought this would be a good thread for if or when it goes down as a place to find and mop up bargain stocks. 

[CowPat]

Yeah I can see the same thing. The DJI and the NDQ are both at the top of their Fibonacci extensions or have exceeded them. The DJI has now risen just over 500%, which is the same percentage increase as the roaring 20s that let to the Great Depression crash. About time for a reversal soon I'd think. Great buying opportunities coming up!    

[HonestMoneyGoldSilver]

@katyc was talking about NYCB on Wednesday. Monstrous crash followed by a sharp rip higher than before the crash

Jerome Powell on commercial real estate: 'there will be bank failures' | Fortune

Powell warns commercial real estate woes will lead to bank failures: ‘This is a problem that we’ll be working on for years’

NYCB shares rebound after bank announces $1 billion capital raise (cnbc.com)

A taste of what's to come?

[katyc]

1 hour ago, Stacktastic said:

I know this has been an ongoing tinder box for many years, but: 

Is anyone else sensing the start of a major SHTF moment on the immediate horizon??  
I have been watching the markets for a few years daily & I swear I can sense the hedge fund fingers hovering over the sell buttons. 😛 

Thought this would be a good thread for if or when it goes down as a place to find and mop up bargain stocks. 

Great post @Stacktastic I'll be sure to post any doom and gloom news/videos as and when I come across it! 

[katyc]

 

Edited March 11 by katyc