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ProudMNDemocrat

(20,819 posts)
Fri Mar 6, 2026, 12:14 PM Yesterday

Dow Jones trading is showing a downward spiral amid Iran War and Oil prices.

Since closing bell yesterday at 47,954.74, the DOW is currently at 47,334.75
−619.99 (1.29%)today as of 12:15 EST.

Watch this space. Those with 401k's invested, are in for a bumpy ride.

8 replies = new reply since forum marked as read
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Dow Jones trading is showing a downward spiral amid Iran War and Oil prices. (Original Post) ProudMNDemocrat Yesterday OP
Fear will surface every Friday going in to the weekend bucolic_frolic 23 hrs ago #1
The DOW might be the only thing to save us from a forever war Johonny 23 hrs ago #2
;--{).... Goonch 23 hrs ago #3
Erratic trading taking place. Still down 1.28%. ProudMNDemocrat 23 hrs ago #4
"Buy the rumor. Sell the war." GreatGazoo 23 hrs ago #5
About time for a correction OC375 21 hrs ago #6
Greedily, this dip is good for me Johnny2X2X 21 hrs ago #7
My late husband invested wisely for these times. ProudMNDemocrat 18 hrs ago #8

bucolic_frolic

(54,812 posts)
1. Fear will surface every Friday going in to the weekend
Fri Mar 6, 2026, 12:19 PM
23 hrs ago

because anything can happen over the weekend in the war. A pattern to watch for.

ProudMNDemocrat

(20,819 posts)
4. Erratic trading taking place. Still down 1.28%.
Fri Mar 6, 2026, 01:01 PM
23 hrs ago

What is the prediction that the DOW will close even lower?

GreatGazoo

(4,549 posts)
5. "Buy the rumor. Sell the war."
Fri Mar 6, 2026, 01:08 PM
23 hrs ago

as the saying goes but that only worked for oil futures. Stocks not down nearly what they would be. Monday dip was bought instantly. QQQ (Nasdaq) was $602.10 on Monday and it is $603.60 right now, basically flat.

Oil has finally spiked but I many things can reverse that: end of Russian oil sanctions, more Venezuelan oil pumped and refined, more Canadian supply, a cease fire announcement, etc. LNG was the only surprise and that hurts UK/EU more than it does the rest of the world.

Johnny2X2X

(24,041 posts)
7. Greedily, this dip is good for me
Fri Mar 6, 2026, 02:20 PM
21 hrs ago

Got our bonus today, that means a good chunk goes in my 401K Monday, around $8K total. The more it falls, the bigger the bargain for me.

But we're looking at a serious downturn, the jobs numbers spell doom for working people. I am hedged against risk in the funds I am in, and I have 10 years to recover modest losses. Unless you're very close to retirement and way too heavy in equities right now, just be patient. Stay the course, a Democrat will come in and rescue the economy, they always do.

ProudMNDemocrat

(20,819 posts)
8. My late husband invested wisely for these times.
Fri Mar 6, 2026, 05:49 PM
18 hrs ago

I met with my financial advisor the other day and he showed me the graph that even during these times of great uncertainty, I will be just fine. My late husband looked out for me.

Others may not be so lucky. Still with closing bell, lower than yesterday.

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