CIRCUIT BREAKER IMMINENT
US TRADING FUTURES IN FREE FALL
buy mylan now while you still have a chance
futures market doesn't have a circuit breaker, fucking idiot delete your post
Yes it does DUMB CUNT
a fucking leaf
it does, it happened before black Monday of last week
haltedhaltedhalted
This is why you don't have any money
Why everything is falling, but S&P 500 rising? I'm not exactly enlightened in the ways of jewery.
Good.
It sucks to know that so much wealth I accumulated in my 401k and Roth IRA over the past 4 years has been pretty much wiped out
>trump does a presser
>stock market tanks
get this orange nigger off tv
already tripped. If Coronavirus doesn't kill us all, the looting and rioting from unemployed individuals will. Hope y'all have enough guns, ammo, and friends to ride the wave
I thought chinks were good at investing?
Checked! Enjoy the show kiddos!
>m.investing.com
So futures trading continues in the weekend??
5%
And it counts toward the following day's 20% maximum fall.
shaddap fatty
Should have sold retard there was plenty of warnings
Limit down was hit in 5 minutes of opening. If it stays limit down until open, tomorrow will likely set records down.
Keep it in, it will return to the mean in good time.
A new power is rising!!
This. It's not a circuit breaker, it's called up or down limit. Like for options it's not possible to go under or above that specific price for futures for a specific period of time ( from market opening to market closing, for futures in this case it's when the stock market indexes like DJIA open).
futuers open on sunday evening in the US
Holy shit, this is the real Great Depression. The other one will need to be renamed.
There's a 3 stage limit down during the regular trading session.The current index value prohibits it from setting a new point decline record based on this number. Jews are exceptionally crafty at protecting their money.
World Recession I and World Recession II?
Nah bro. Futures markets opened half an hour ago
hello faggot phoneposter.
It should be called the "boomer bust". Something with "boomer" in it
Holy fuck I got super-Satan quads
if they officially says this:
Fed's Bullard Warns Unemployment May Soar To 30%, GDP Crash 50% In Q2
zerohedge.com
then situation is double worst at least
is all this worth helping grandma live to 83 instead of 82?
Are stocks still trading? I thought the NYSE and other stock exchanges would be shut down?
AAAAAAAAAAAAHHHHHHHH!!!!
If we hit 14% down tomorrow, which is very possible, it would set a new record.
Isn't the record -20%?
The pits are closed. Most trading is electronic anyway.
We've been telling you to sell at least since September when the yield curve inverted. Why the fuck were you still in?
This. Fucking this. Every person under the age of 50 should fucking realize this is whats going on and its disgusting. The old are torpedoing the country to gain an extra year or two of life just like they torpedo their kids inheritance at wellness centers. Bernie is a retard but his campaign showed the problem with young voters, they never fucking show up
I'm a dumb cunt too, what does that make me?
>tfw maxed out SEP IRA on Friday
in fairness, it was to max out 2019 and get the full tax benefit and maximize my refund.
short covering
They have a limit down of 5% I believe. People can buy if they want but they can't sell until more people buy. Tomorrow the market opens and the DOW will open 934 points down or whatever the futures currently say, and you can expect trading to be halted almost immediately after opening tomorrow morning because the first circuit breaker triggers at 7% down.
Tumbling down
he fell for jew accounting trick 401ks
Why the hell, besides joos, do we even have futures trading
>is all this worth helping grandma live to 83 instead of 82?
The issue is also that younger people need hospitalization and ICU treatment too. Not so much the super young, but still a significant portion of 40-60 year olds need it. Keep in mind this is America where 60% of the population is overweight which is a very large negative if you get corona. If it was exclusively 80+, then yes Id agree with you completely that these actions simply aren't worth it the economic fallout.
>Why everything is falling, but S&P 500 rising? I'm not exactly enlightened in the ways of jewery.
are you looking at the sp500 vix index? The vix index is a volitility index, basically when markets go down, the volitility goes up.
So if the markets are crashing and you want to make some money, you buy VXX. not for the feint of heart.
So what is the future for the USD?
What’s the best strategy for those of us who have been saving large quantities of cash?
Originally for farmers to hedge.
>being this wrong and also this smug
I cant help to notice you said "originally " what changed
I know this is bait but I will never pass up a justified opportunity to shit onna stupid fucking leaf
Fuck you
How the fuck does it make any sense to keep the exchanges open when they're shutting down the entire damned economy of every first world nation?
Buying opportunity of the century before the start it all up again I guess.
The little sadness
Jews took over fiance
Senate isn't passing Trump bucks bill. Failed to get 60 votes.
GREAT DEPRESSION INBOUND!!!!!
>What’s the best strategy for those of us who have been saving large quantities of cash?
don't worry about that. the world has incredible productive capacity, and oil prices are very low, they might even go negative, because of the glut. A lot of production is automated as well, which keeps inflation at bay for basic necessities.
My best advice is to wait for the virus stuff to end, and then buy VOO or a comparable index fund, if you want to invest. You do not need to get the bottom. do not speculate on individual stocks. an index fund will have lots of winners in it and those winners will get larger and larger and losers will go bankrupt and new companies will be added and so you can basically hold it forever and not worry about losing it all. Look What has happened to boeing, for example.
I knew it.
algos run the show
Are you kidding? It's great -- let the fucking bubble pop and get all of its air out. Rip that bandaid off.
The stock market was insanely over-valued due to buybacks and baseless speculation. Correction is painful but utterly necessary. Buying opportunities will abound in the wreckage.
why are assets even moving 4% in a day, let alone 40% in a month, it's absolutely absurd
assets should be moving like 0.1% on a crazy day since that would be like 22% a year
This is it.
CAN WE HAVE AT LEAST AIR WARNING SIRENS PLAYING!!!
UUUUUUUUUUUUU
UUUUUUUUUUUUUUUUEEEEEEE
UUUUUUUU
UUUUUUUUUUEEEEEEE
Everything is too damn silent!!!
is this some clever way to lose money twice? not for jewazrds of course.
Who are you buying them from? Who buys them out when you want to sell?
so people can gamble on stawks without actually owning them
How long until people wake up to this?
I can't wait to watch Maria tomorrow morning
6000 years ago........
Yes. From the 1980s stock market crash, before the invention of circuit breakers. It's impossible for that drop to happen today on the NYSE, and in theory it won't ever be topped.
A dumb leaf. So, a leaf.
what did we learn today, wagie scum?
I bet the bleeding will stop when the dow is down 70%. TSX will probably be around the same.
>is this some clever way to lose money twice? not for jewazrds of course.
>Who are you buying them from? Who buys them out when you want to sell?
It's an exchange traded note; an ETN. I don't know exactly how they work. You can also buy a leverage vix etn, TVIX. the chart for that is crazy. It is for trading, not buy and hold.
>This. Fucking this. Every person under the age of 50 should fucking realize this is whats going on and its disgusting. The old are torpedoing the country to gain an extra year or two of life just like they torpedo their kids inheritance at wellness centers. Bernie is a retard but his campaign showed the problem with young voters, they never fucking show up
The vast majority of normies were easily influenced into shutting everything down. They won't realize the shear magnitude of what's happening, the absolute fragility of the system until it's too late and everything is falling apart. I was already expecting a financial crisis, I just didn't anticipate the virus being the event that would initiate the collapse. I expected a slow unraveling of the economy, but it looks like The Powers That Be are just pulling the plug.
I'm convinced that this was meant to happen, that the elites know what they're doing and have an understanding of mass psychology. If the economy entirely collapses and everything falls apart then expect a collapse of our civilization because there was nothing uniting Americans other than our economy.
"People"
>why are assets even moving 4% in a day, let alone 40% in a month, it's absolutely absurd
because the government has put the economy on lockdown. This is not a normal situation.
This is doomsday, economically speaking.
I wonder what the aftermath of all this will be, an whole new world i guess!
IT HAS ONLY JUST BEGUN!!!!
It was a happening two weeks ago. Now the Monday plunge is business as usual.
a few hundred people over influenza dying is not doomsday, even worst case scenario the stock market should move down maybe 10% over the course of 12 months, whatever I'm getting tons of shares
Tons of massively leveraged speculation in bullshit markets on steroids. Aka...da j00z
A lot of the problems that led to 2008 were just papered over--literally. There's a lot of bubble to pop this time.
Fucking 2020 man
I stayed in cash waiting for this moment, still got another year or so to wait unfortunately