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03-11-2020, 09:41 PM
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#1516
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Registered User
Join Date: Apr 2014
Posts: 1,755
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Now 78 and 740 down
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03-11-2020, 09:41 PM
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#1517
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,766
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Quote:
Originally Posted by ReplayRandall
U.S. Stock Futures
S&P
-56.00 / -2.04%
Level
2,684.25
Fair Value
2,739.79
Difference
-55.54
Data as of 9:20pm ET
Nasdaq
-164.75 / -2.06%
Level
7,838.75
Fair Value
8,004.60
Difference
-165.85
Data as of 9:20pm ET
Dow
-507.00 / -2.15%
Level
23,068.00
Data as of 9:20pm ET
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one thing for sure, the markets are no where close to being done to the downside. i suspect there will be days that good news come out and the markets go up., then come crashing down.
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03-11-2020, 10:03 PM
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#1518
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Buckle Up
Join Date: Apr 2014
Posts: 10,614
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Quote:
Originally Posted by ReplayRandall
Content of Trump's speech must already be leaking out....Might be a runaway train..
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Futures Market summary
Watch for yourself- Live
https://www.investing.com/indices/indices-futures/
Last edited by ReplayRandall; 03-11-2020 at 10:15 PM.
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03-11-2020, 10:04 PM
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#1519
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Veteran
Join Date: Sep 2003
Location: NEW YORK CITY
Posts: 3,670
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NBA just suspended the season....
I'm sure other sports will follow...
This is going to get real ugly.....
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03-11-2020, 10:41 PM
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#1520
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Registered User
Join Date: May 2010
Posts: 5,005
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Aha. Now down more than 1k and circuit breaker has stopped trading. But I’m sure Trump thinks his address was perfect. - Paul Krugman tweet.
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03-11-2020, 10:45 PM
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#1521
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,646
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Looks like I didn't call the bottom after all, eh Alton the Gone?
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03-11-2020, 10:48 PM
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#1522
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Buckle Up
Join Date: Apr 2014
Posts: 10,614
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Quote:
Originally Posted by Ocala Mike
Aha. Now down more than 1k and circuit breaker has stopped trading. But I’m sure Trump thinks his address was perfect. - Paul Krugman tweet.
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It's trading again....See link at post #1518 for live action.
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03-12-2020, 12:38 AM
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#1523
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Registered User
Join Date: Jan 2006
Posts: 28,569
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Is anyone long the market going into tomorrow?
__________________
"Theory is knowledge that doesn't work. Practice is when everything works and you don't know why."
-- Hermann Hesse
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03-12-2020, 05:51 AM
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#1524
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Registered User
Join Date: May 2010
Posts: 5,005
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I'm long only the one stock, NVAX, and I don't need day trader Alton the Gone's help to know when to get out. Riding it to the moon or else crash landing. Already got my initial investment out.
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03-12-2020, 12:17 PM
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#1525
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Registered User
Join Date: Mar 2015
Location: Diez meses en Port St. Lucie, FL; two months in the Dominican Republic
Posts: 4,355
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S & P's only had three one day corrections in history:Black Tuesday in 1987 and the back-to- back days in October 1929 that kicked off the Depression.
Looks like it's heading that way again today.A bad ,fast start and a slow grind since then.
__________________
"But don't ask me what I think of you, I might not give the answer that you want me to. "
Fleetwood Mac, Oh Well, Part 1 (1969)
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03-12-2020, 12:37 PM
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#1526
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,646
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Quote:
Originally Posted by AltonKelsey
Posted for posterity
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This aged well.
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03-12-2020, 01:04 PM
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#1527
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Registered User
Join Date: Jan 2006
Posts: 28,569
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There is blood in the streets! Should a contrarian like me start buying? Where is Alton the "stock market wizard" now when I need him?
__________________
"Theory is knowledge that doesn't work. Practice is when everything works and you don't know why."
-- Hermann Hesse
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03-12-2020, 01:07 PM
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#1528
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Registered User
Join Date: Jan 2006
Posts: 28,569
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The Dow rallied 1300 points in mere MINUTES! And they call HORSE-BETTING a "gamble"?
__________________
"Theory is knowledge that doesn't work. Practice is when everything works and you don't know why."
-- Hermann Hesse
Last edited by thaskalos; 03-12-2020 at 01:09 PM.
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03-12-2020, 01:10 PM
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#1529
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Veteran
Join Date: Mar 2009
Posts: 9,893
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Quote:
Originally Posted by thaskalos
There is blood in the streets! Should a contrarian like me start buying? Where is Alton the "stock market wizard" now when I need him?
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Fed announced a huge new repo program.
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03-12-2020, 01:11 PM
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#1530
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,646
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Like I just wrote...the blowback against this insanity will be coming soon.
The reason the market jumped is because the Fed announced "new dramatic funding actions" whatever that means.
So the shorts started covering their asses...what else is new.
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