Godlike Productions - Discussion Forum
Users Online Now: 2,150 (Who's On?)Visitors Today: 1,584,404
Pageviews Today: 2,307,974Threads Today: 621Posts Today: 12,891
06:47 PM


Rate this Thread

Absolute BS Crap Reasonable Nice Amazing
 

Dow Futures Down Yet Again

 
Bud Fox
Offer Upgrade

User ID: 78701607
United States
03/29/2020 06:13 PM

Report Abusive Post
Report Copyright Violation
Dow Futures Down Yet Again
Just another night in the new normal

Dow

21,051.5 -464.0 -2.16%

[link to www.investing.com (secure)]

Oil not doing much better

20.33 -1.51 -6.91%
[link to www.investing.com (secure)]

Last Edited by Bud Fox on 03/29/2020 07:08 PM
Blue Horseshoe loves GLP
Anonymous Coward
User ID: 78445773
Sweden
03/29/2020 06:14 PM
Report Abusive Post
Report Copyright Violation
Re: Dow Futures Down Yet Again
Tomorrow will finish in green +1300 or something like that
Anonymous Coward
User ID: 77028427
United States
03/29/2020 06:16 PM
Report Abusive Post
Report Copyright Violation
Re: Dow Futures Down Yet Again
Tomorrow will finish in green +1300 or something like that
 Quoting: Anonymous Coward 78445773


Yes. Trump says the market looks good. buy the dip? forget that unlimited liquidity couldn't even push it into green on Friday.
Anonymous Coward
User ID: 55796558
United States
03/29/2020 06:17 PM
Report Abusive Post
Report Copyright Violation
Re: Dow Futures Down Yet Again
Tomorrow will finish in green +1300 or something like that
 Quoting: Anonymous Coward 78445773


Yes. Trump says the market looks good. buy the dip? forget that unlimited liquidity couldn't even push it into green on Friday.
 Quoting: Anonymous Coward 77028427

He keeps trying.
Bud Fox  (OP)

User ID: 78701607
United States
03/29/2020 06:18 PM

Report Abusive Post
Report Copyright Violation
Re: Dow Futures Down Yet Again
Tomorrow will finish in green +1300 or something like that
 Quoting: Anonymous Coward 78445773


The way the market is now, it might finish either 1300 up or down, and possibly have touched both points during the trading day. Who knows.
Blue Horseshoe loves GLP
Anonymous Coward
User ID: 77950187
United States
03/29/2020 06:18 PM
Report Abusive Post
Report Copyright Violation
Re: Dow Futures Down Yet Again
Dow 6000
Bud Fox  (OP)

User ID: 78701607
United States
03/29/2020 06:19 PM

Report Abusive Post
Report Copyright Violation
Re: Dow Futures Down Yet Again
Dow 6000
 Quoting: Anonymous Coward 77950187


Or we hyper-inflate and Dow 100,000. I have no idea at this point
Blue Horseshoe loves GLP
Anonymous Coward
User ID: 77950187
United States
03/29/2020 06:21 PM
Report Abusive Post
Report Copyright Violation
Re: Dow Futures Down Yet Again
Profits move the Dow....zero income for at least another 60 days
Bud Fox  (OP)

User ID: 78701607
United States
03/29/2020 06:23 PM

Report Abusive Post
Report Copyright Violation
Re: Dow Futures Down Yet Again
Almost forgot, 10 year yields are dropping again too.

0.676 -0.068 -9.11%
[link to www.investing.com (secure)]

No way stocks stabilize until oil and bonds do the same.
Blue Horseshoe loves GLP
Anonymous Coward
User ID: 77098490
United States
03/29/2020 06:23 PM
Report Abusive Post
Report Copyright Violation
Re: Dow Futures Down Yet Again
dropping "hard"??

Shit +/- 5-10% is the new normal. 2-3% is nothing.
Bud Fox  (OP)

User ID: 78701607
United States
03/29/2020 06:25 PM

Report Abusive Post
Report Copyright Violation
Re: Dow Futures Down Yet Again
Profits move the Dow....zero income for at least another 60 days
 Quoting: Anonymous Coward 77950187


Drastically reduced sales, massive losses, supply chain issues. Even with unlimited Fed money it will be dicey for a while I fear.
Blue Horseshoe loves GLP
Anonymous Coward
User ID: 77028427
United States
03/29/2020 06:26 PM
Report Abusive Post
Report Copyright Violation
Re: Dow Futures Down Yet Again
Profits move the Dow....zero income for at least another 60 days
 Quoting: Anonymous Coward 77950187


Drastically reduced sales, massive losses, supply chain issues. Even with unlimited Fed money it will be dicey for a while I fear.
 Quoting: Bud Fox


the bottom of this market is a blackhole.
Shiva ascendant

User ID: 78135946
United States
03/29/2020 06:28 PM
Report Abusive Post
Report Copyright Violation
Re: Dow Futures Down Yet Again
Tomorrow will finish in green +1300 or something like that
 Quoting: Anonymous Coward 78445773


The way the market is now, it might finish either 1300 up or down, and possibly have touched both points during the trading day. Who knows.
 Quoting: Bud Fox


Pretty much, too wild for me to play right now.
This is the way the world ends.
This is the way the world ends.
This is the way the world ends.
Not with a bang but with a whimper.
Bud Fox  (OP)

User ID: 78701607
United States
03/29/2020 06:30 PM

Report Abusive Post
Report Copyright Violation
Re: Dow Futures Down Yet Again
dropping "hard"??

Shit +/- 5-10% is the new normal. 2-3% is nothing.
 Quoting: Anonymous Coward 77098490


Dropped hard at the open but has leveled off - see the chart.

And no, in futures 5%-10% is not normal when 5% triggers circuit breakers (which we have hit like 6 times this month). In normal trading, though, you are absolutely right. 5%-10% swing and ridiculous volatility are the norm.

Last Edited by Bud Fox on 03/29/2020 06:30 PM
Blue Horseshoe loves GLP
Anonymous Coward
User ID: 77950187
United States
03/29/2020 06:35 PM
Report Abusive Post
Report Copyright Violation
Re: Dow Futures Down Yet Again
Down 450
Anonymous Coward
User ID: 77950187
United States
03/29/2020 06:44 PM
Report Abusive Post
Report Copyright Violation
Re: Dow Futures Down Yet Again
Half trillion of value gone in 45 minutes
Anonymous Coward
User ID: 76620163
United States
03/29/2020 06:47 PM
Report Abusive Post
Report Copyright Violation
Re: Dow Futures Down Yet Again
Tomorrow will finish in green +1300 or something like that
 Quoting: Anonymous Coward 78445773


Yes. Trump says the market looks good. buy the dip? forget that unlimited liquidity couldn't even push it into green on Friday.
 Quoting: Anonymous Coward 77028427


pffft-spitsmoke
Anonymous Coward
User ID: 77950187
United States
03/29/2020 06:49 PM
Report Abusive Post
Report Copyright Violation
Re: Dow Futures Down Yet Again
Unlimited liquidity...down the toilet
Anonymous Coward
User ID: 77203973
United States
03/29/2020 06:51 PM
Report Abusive Post
Report Copyright Violation
Re: Dow Futures Down Yet Again
Quick, call the Fed. We need more trillions
Bud Fox  (OP)

User ID: 78701607
United States
03/29/2020 06:58 PM

Report Abusive Post
Report Copyright Violation
Re: Dow Futures Down Yet Again
Quick, call the Fed. We need more trillions
 Quoting: Anonymous Coward 77203973


Yeah, I'm not sure even that will work right now. We are definitely in charted waters here. 911 and 2008 don't really compare.
Blue Horseshoe loves GLP
Bud Fox  (OP)

User ID: 78701607
United States
03/29/2020 07:00 PM

Report Abusive Post
Report Copyright Violation
Re: Dow Futures Down Yet Again
Tomorrow will finish in green +1300 or something like that
 Quoting: Anonymous Coward 78445773


The way the market is now, it might finish either 1300 up or down, and possibly have touched both points during the trading day. Who knows.
 Quoting: Bud Fox


Pretty much, too wild for me to play right now.
 Quoting: Shiva ascendant


Yeah, if there was some hope on the horizon on the shut-down front, and oil/bonds were stable, I might be tempted. But about the only thing feel comfortable investing in now is more ammunition.
Blue Horseshoe loves GLP
Bud Fox  (OP)

User ID: 78701607
United States
03/29/2020 07:03 PM

Report Abusive Post
Report Copyright Violation
Re: Dow Futures Down Yet Again
Coronavirus slowdown starts to rival Fed's doomsday bank stress test scenario

[link to www.investing.com (secure)]
Blue Horseshoe loves GLP
Bud Fox  (OP)

User ID: 78701607
United States
03/29/2020 07:11 PM

Report Abusive Post
Report Copyright Violation
Re: Dow Futures Down Yet Again
Seems content to float between -1.5 to -3 % for now. Guess we'll have to see later if it goes limit down yet again.
Blue Horseshoe loves GLP
Anonymous Coward
User ID: 77342749
Austria
03/29/2020 07:20 PM
Report Abusive Post
Report Copyright Violation
Re: Dow Futures Down Yet Again
This week will make last look like a cakewalk. The liquidity hose isn't working. Faith has been lost. The fed will have to buy literally everything in short order. Unfortunately for them, it isn't that easy.

Get ready to eat your cake.
Anonymous Coward
User ID: 74827630
United States
03/29/2020 07:22 PM
Report Abusive Post
Report Copyright Violation
Re: Dow Futures Down Yet Again
Should have been zero bailouts for anyone. The bailout is not saving the market or jobs.





GLP