Thread: Why is Everything Down Today?? $$

Wish I saw this coming! I would have jump in with both feet today. I was waiting until atleast tomorrow.

Originally Posted by tsptalk

Why is everything down today - particularly oil, gold, silver, and commodity related stocks?

The Dollar is flying...

This is what I found Tom,

http://www.marketwatch.com/story/dol...eet-2011-05-05

Thanks! It was more of a rhetorical question since I was expecting this bounce in the dollar.

Thursday's Commentary

What I don't understand is, why is "I" taking a bath too?

Originally Posted by Silverbird

What I don't understand is, why is "I" taking a bath too?

Because the Dollar is Up Big Today.

http://www.marketwatch.com/investing/index/DXY

Ah, it won't be that bad - they owe some fair valuation.

Why is C down so much? I thought it was less volatile than S or I?

Relationships change, like I said in my thread today, when my dad starts buying silver, the trade is over...

Oh and the dollar is apporaching it's 3-year low, some of us are expecting a bounce

Originally Posted by jpcavin

Why is C down so much? I thought it was less volatile than S or I?

Commodity stocks are getting hit the most with the dollar rallying, so tech and small caps have been less affected (or is it effected?) The Dow and S&P are most impacted.

Sometimes I think I'll never understand all this unless I get a degree in Finance. It seems much easier to follow the leaders on the tracker.

The C fund was down the least in the last three days so it was due - my wife will get lower prices with her defined contribution payout and pick up more shares. The same applies toward TSP - get more shares that's the silver linning of lower prices.