Massacre on Wall Street going by the futures right now.
 

S&P Futures
2,399.00
-87.25(-3.51%)

Dow Futures
22,252.00
-745.00(-3.24%)

Nasdaq Futures
6,037.50
-287.75(-4.55%)

Russell 2000
1,292.09
-33.91(-2.56%)

Crude Oil
44.84
-1.04(-2.27%)

Gold
1,265.70
-2.20(-0.17%)

Silver
14.75
-0.12(-0.80%)

EUR/USD
1.1409
+0.0034(+0.2966%)

I’m asking because I don’t know. Aren’t those numbers still higher then when trump took office? I know oil is

Not sure but they might not be. This is a friggin disaster unless you're a busted out horseplayer paying retail takeout like me.:lol:

Stock up on lentils and pasta. A half an onion and a little garlic and olive oil and you can eat cheap for months.

Question. Isn't this good news for those who are buying? :confused:

For those who bought long or sold short would not this be a windfall rather than a massacre?

If you believe it's close to the bottom.

But, being successful in the market is knowing when to sell. Everyone is a genius on the way up.

What's missing from your data is the date of the contract. January gold at $1000 is not the same as July gold at $1000.

I'm not a data guy and there are much smarter people than myself on this board.

I have extremely limited exposure to this disaster and am glad for it.

The russell is down below when Trump took office.


Allan

Hold on to your britches. Opens in 8 minutes.

DJIA Opens down over 100. Hopefully it will recover of the losses during the short trading day.


Allan

The only stock I have exposure to is WDFC and it kind of holds it's form when things get bad. But this bad? Everyone is gonna take a hit.

Mnuchin opened mouth and inserted foot on that liquidity gaffe...

Oops.

Best way to avoid bank runs is not talk about bank runs... ;)

Are you questioning a Stable Genius hire? Stable Genius only hires the BEST.

In all seriousness, who is fired next - Mnuchin (empty suit - I don't care about his "storied" Wall St career) or Powell? Probably the former, as the rules on firing a Fed chair aren't black and white.

To be fair, the S&P 500 is up roughly 17% (including dividends) since the Stable Genius was elected (he should be given credit from election day forward, imo, as the market started anticipating the corporate tax cut right away). That's a little over 8%/yr. Hmm, very ordinary, especially for Donald J Trump.

Personally, I never understood why Trump thought it was a good idea* to place so much emphasis on the stock market, but we must follow his directions. Now he's weighed down by the market.

*besides his narcissism...yeah, he really cares about middle America.