I posted this another day. Treat it as one of those pointless predictions:
2316 (December 2018 low) is definitely in the card. But the ULTIMATE LOW in my most humble opinion is the 2008 top at 1580. I mean that's where the past 11 years of bull run started. So it makes sense to circle back to...
White House expresses support for making immediate cash payments to Americans as part of coronavirus stimulus package
https://www.washingtonpost.com/us-policy/2020/03/17/trump-coronavirus-stimulus-package/
By "globex close", you mean by the open tomorrow? I doubt it. But quite doable by the EOD tomorrow. But the real crux is whether we can continue to rip higher. My feeling is we will chop around.
2316 (December 2018 low) is definitely in the card. But the ULTIMATE LOW in my most humble opinion is the 2008 top at 1580. I mean that's where the past 11 years of bull run started. So it makes sense to circle back to the origin. o_O
US futures trade nearly 24/7 from Sunday night to Friday close. These days, volatility is through the roof even during AH. There's no need to trade foreign markets.
Suppose the death toll rises exponentially over the next 6 months to like millions of people. Would you not feel more secure having known 6 months ago about the outbreak? We hardly know anything about this virus, let alone what will happen in 6 months (and we have no vaccine). It's definitely...
The problem isn't so much with the quarantine, but with the unidentified Corona incubators who will unknowingly spread the virus to the masses. Hence, the need for a shutdown.
Many states in the US started mandatory shutdown today. All restaurants, pubs, and public establishments will be closed for like weeks. As they say, when Americans cough, the world catches a cold (no pun intended).