Yep I was wrong but its okay...after an almost 11 year bull market stocks should only go up...I'm sure by next week this 1900 point dow loss will only be about an 879 dow loss...so a good 1000 point recovery is certainly possible :) and I hope it happens so I can reload up on all my short etfs...
See what happens when markets aren't trading like a regular markets. 10 years of straight gains and unlimited historical highs leads to days like today.
Dont worry as I said...fed will drop rates to 1% once the markets are down over 10$
Disagree. Makes zero difference if a commission is paid or not.
Commissioners are not hundreds or thousands of dollars like they once were. We have had low commission trades now for 20 years. Now free. Makes no difference on the cost of a trade whether or not it would lead to a sharper selloff.
If the markets sell off another 5% the fed will.come and save them. Works every time. Expect rate cut to 1% and trillions of dollars worth of stimulus. China will also spend trillions to keep their economy propped up. This should give a V shaped recovery to the markets by spring.
Hey they are bright green considering the drop we had today, if anything a drop of this magnitude and you think a continued sell off into Tuesday but nope. Unless markets open up strong and turnover by midday which is another possibility. Would be interesting to see the s$p break 3000!!! Just...
They are. Watch them blossom to the upside tomorrow. Just be patient....how many countless times have we seen the markets sell off only to make new highs. Yep 10 straight years going on 11!!!!!
The fed will be soon to help....they always help when markets are down because we cant have a...
See no such thing as a bear market according to mr. Byron wien.
Keep buying. Zero risk all reward. Tomorrow markets should rallly 1.5%-2%
https://www.cnbc.com/2020/02/24/blackstones-byron-wien-says-sell-off-is-not-start-of-a-bear-market.html
No worries
Kleintop compiled research recently on how long stocks felt the pain of endemics and pandemics. Not too long, it turns out.
https://www.cnbc.com/2020/02/24/past-disease-outbreaks-show-investors-shoud-ignore-the-noise-of-coronavirus.html
Its the same thing. Markets open down huge and bounce...they look a tad weaker the last 20 mins but I'm sure buying will come in. How can anyone resist a 3% huge buying opportunity
Dow futures already 100 off their lows...
By the close of today the markets will only be down about 1%-1.5%. Maybe even go green at one point during the day
Again this would feel like a normal day for most if the markets weren't in an ongoing upward trajectory for the last decade, a day like today is like hell for most because they havent witnessed any type of selling of this magnitude for years. But if there were such thing as free markets and a...
Did you just start putting money into the market last week???
There is nothing to worry about here....this drop means absolutely nothing in a market that's up hundreds and hundreds of percent....another day or two of selling and the fed will save the market. That's how this market works...China...
Fed will save the markets today or trump will tweet some kind of market moving positive statement.
This is computer algorithms selling. It will be all green soon...
80% coronavirus..haaaa
Again as I must repeat, wallstreet doesnt care about the Coronavirus, it's just an excuse to use. Once the coronavirus is gone the dow will catapult to 30,000. Stop worrying about this coronavirus
I think the markets need at least a 10% drop in order for him to blame the fed again...and once he does and the markets sell off more, he will tweet again and the the fed will come to the rescue, they will bow down to wallstreet, cut rates to 1% and issue trillions upon trillions in...