'We Are More Than Due For Some Turbulence': Experts React To Stock Market's Worst Day In Months

Benzinga2021-07-20

The SPDR S&P 500 ETF Trust bounced off its early Monday lows but still closed down 1.4%, while the Dow Jones Industrial Average dropped 725 points for its worst day of 2021. The primary catalyst ...

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精彩评论

AlvinYap
2021-07-20
AlvinYap
MEME stock surge again! GME
- AlvinYap:
  GME’s timE
Lkl8
2021-07-20
Lkl8
Good read
- JFK:
  Done
BlueDragon
2021-07-20
BlueDragon
Like and comment. Thank you.
- 雨天不撑伞:
  Ok
mizseah
2021-07-20
mizseah
Good news . Like and comment please
- JamesPang:
  please like and comment back
Alkid
2021-07-20
Alkid
Volatility till end of year I guess
- WBT13:
  😂
Waiyanno
2021-07-20
Waiyanno
Ok
- yamtaro:
  .

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At the same time, oil prices dropped after OPEC and its global allies agreed to start phasing out production cuts starting in August. The new plan calls for 5.8 million barrels per day of oil production to return completely by September 2022.\nCramer’s Take:CNBC's Jim Cramer said COVID-19 numbers and oil prices are a devastating one-two punch for stock prices.\n“Market liked covid down and oil up..not getting what it wants,”Cramer tweeted.\nHowever, Cramer urged long-term investors to look beyond the recent spike in COVID cases.\n“I just think that where we are there’s just so much fear in the market, and I just think that the asymptomatic [COVID] is not as dangerous, the deaths are not going up that much. So I’m not buying that this is the end of the bull market,”Cramer said.\nKeeping Perspective:Ryan Detrick, Chief Market Strategist for LPL Financial, said investors should remember to keep the market sell-off in perspective.\n“Fears over peak economic data and a resurgence in COVID cases has the market on edge today. Of course, don't forget that the S&P 500 hasn't had a 5% correction since October, so you could say we are more than due for some turbulence,” Detrick said.\nPeter Essele, Head of Investment Management for Commonwealth Financial Network, said the decline in 10-year U.S. Treasury yields to near their lowest levels of the year on Monday was indicative of the market’s collective flight to safety.\n“Fear of stagflation will be a major concern for investors if a resurgence in COVID infections causes economies to slow while consumer prices continue an upward trajectory. The strong performance of inflation-linked bonds as of late may be an indication that those fears are setting in, with the bus already having left the station,” Essele said.\nBenzinga’s Take:It certainly feels scary when the market drops 1.4% in a single day. But the current COVID-19 vaccines have been shown to be extremely effective against all variants of the virus, and theWorld Health Organizationhas said most vaccinated people who test positive for the delta strain of COVID are asymptomatic.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":171539056,"gmtCreate":1626749392675,"gmtModify":1633771397751,"author":{"id":"3555253426407603","authorId":"3555253426407603","name":"AlvinYap","avatar":"https://static.tigerbbs.com/43d89d7d18e929786946c697347f3a01","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3555253426407603","idStr":"3555253426407603"},"htmlText":"MEME stock surge again! GME","listText":"MEME stock surge again! GME","text":"MEME stock surge again! GME","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/171539056","repostId":1128021964,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5268696,"gmtCreate":1626749407025,"gmtModify":1635225591846,"authorId":3555253426407603,"author":{"id":3555253426407603,"idStr":"3555253426407603","authorId":3555253426407603,"name":"AlvinYap","avatar":"https://static.tigerbbs.com/43d89d7d18e929786946c697347f3a01","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":171539056,"type":1,"supId":0,"prevId":0,"content":"GME’s timE","text":"GME’s timE","html":"GME’s timE"}],"langContent":"EN"},{"id":171276619,"gmtCreate":1626748333531,"gmtModify":1633771417401,"author":{"id":"3579588834516990","authorId":"3579588834516990","name":"Lkl8","avatar":"https://static.tigerbbs.com/12361a2024c0ae8c8d97fd2339a79201","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3579588834516990","idStr":"3579588834516990"},"htmlText":"Good read","listText":"Good read","text":"Good read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/171276619","repostId":1128021964,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5268628,"gmtCreate":1626749074593,"gmtModify":1635225598372,"authorId":3567221235003553,"author":{"id":3567221235003553,"idStr":"3567221235003553","authorId":3567221235003553,"name":"JFK","avatar":"https://static.tigerbbs.com/d8cdaf8b81ae245f2f2ea5ff303a6722","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":171276619,"type":1,"supId":0,"prevId":0,"content":"<u>Done</u>","text":"<u>Done</u>","html":"<u>Done</u>"}],"langContent":"EN"},{"id":171255310,"gmtCreate":1626747458430,"gmtModify":1633771429974,"author":{"id":"4087932884013320","authorId":"4087932884013320","name":"BlueDragon","avatar":"https://static.tigerbbs.com/431c326e19a16844e147d10866565f27","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"4087932884013320","idStr":"4087932884013320"},"htmlText":"Like and comment. Thank you.&nbsp;","listText":"Like and comment. Thank you.&nbsp;","text":"Like and comment. Thank you.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/171255310","repostId":1128021964,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5268528,"gmtCreate":1626748495939,"gmtModify":1635225607975,"authorId":3581720011615234,"author":{"id":3581720011615234,"idStr":"3581720011615234","authorId":3581720011615234,"name":"雨天不撑伞","avatar":"https://static.tigerbbs.com/8722060ea3af0a91b655bd116ce76ae5","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":171255310,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":171222190,"gmtCreate":1626747014610,"gmtModify":1633771436784,"author":{"id":"3573873419404517","authorId":"3573873419404517","name":"mizseah","avatar":"https://static.tigerbbs.com/ac4cc904a19ed963f6dceca76fd16300","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3573873419404517","idStr":"3573873419404517"},"htmlText":"Good news . Like and comment please","listText":"Good news . Like and comment please","text":"Good news . Like and comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/171222190","repostId":1128021964,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5268245,"gmtCreate":1626747050239,"gmtModify":1635225632145,"authorId":3571697757751706,"author":{"id":3571697757751706,"idStr":"3571697757751706","authorId":3571697757751706,"name":"JamesPang","avatar":"https://static.tigerbbs.com/7be8c64b1475bb8d5afdfd812323bd46","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":171222190,"type":1,"supId":0,"prevId":0,"content":"please like and comment back","text":"please like and comment back","html":"please like and comment back"}],"langContent":"EN"},{"id":171221894,"gmtCreate":1626746939418,"gmtModify":1633771438514,"author":{"id":"3574044380631135","authorId":"3574044380631135","name":"Alkid","avatar":"https://static.tigerbbs.com/d584ca72b32575d58fab92034b2973bc","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3574044380631135","idStr":"3574044380631135"},"htmlText":"Volatility till end of year I guess&nbsp;","listText":"Volatility till end of year I guess&nbsp;","text":"Volatility till end of year I guess","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/171221894","repostId":1128021964,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5268546,"gmtCreate":1626748551281,"gmtModify":1635225606250,"authorId":3573351657200487,"author":{"id":3573351657200487,"idStr":"3573351657200487","authorId":3573351657200487,"name":"WBT13","avatar":"https://static.tigerbbs.com/c32eff74d0ce173f7e10df861c0ee416","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":171221894,"type":1,"supId":0,"prevId":0,"content":"😂","text":"😂","html":"😂"}],"langContent":"EN"},{"id":171220626,"gmtCreate":1626746827065,"gmtModify":1633771441203,"author":{"id":"3586416322315154","authorId":"3586416322315154","name":"Waiyanno","avatar":"https://static.tigerbbs.com/d94e88cfc13d3e583872213190b39f22","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3586416322315154","idStr":"3586416322315154"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/171220626","repostId":1128021964,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5268205,"gmtCreate":1626746889284,"gmtModify":1635225635938,"authorId":3580514611379822,"author":{"id":3580514611379822,"idStr":"3580514611379822","authorId":3580514611379822,"name":"yamtaro","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":171220626,"type":1,"supId":0,"prevId":0,"content":".","text":".","html":"."}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":232,"commentSize":22,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1128021964"}