Covid-Omicron kills the world markets. Oil down 13% !

[JSOP]

I'm making more shorting futures market than buying the dip.

So it's you!!! It's you that's killing the market!!!

 

[Bugsy]

So it's you!!! It's you that's killing the market!!!

Well I was long until it reversed out of Nowhere and took me for a ride as I waited for the pullback that never returned was actually a reversal. I thought the s&p would hold at 4550 but it crashed another 50 points. Still think it could go another 100 - 250 points before stopping, but who knows.

 

[Overnight]

Well I was long until it reversed out of Nowhere...

It wasn't a reversal out of nowhere, it was Fauci spreading news around 1PM that algos panicked on because they do not think, they just react.

Algos gone wild. Seriously, how many people sold stocks out of their portfolios today BECAUSE of the Omicron case detected in the US?

 

[Bugsy]

It wasn't a reversal out of nowhere, it was Fauci spreading news around 1PM that algos panicked on because they do not think, they just react.

Algos gone wild. Seriously, how many people sold stocks out of their portfolios today BECAUSE of the Omicron case detected in the US?

Panic is their purpose. Panic creates fear. Fear gives them control to enact bs laws. 9/11 Patriot Act. Coronavirus lockdowns and everything theyve done during them.

 

[KCalhoun]

I've been trading short crude with SCO

 

[JSOP]

It wasn't a reversal out of nowhere, it was Fauci spreading news around 1PM that algos panicked on because they do not think, they just react.

Algos gone wild. Seriously, how many people sold stocks out of their portfolios today BECAUSE of the Omicron case detected in the US?

You mean the press conference that he gave at 3:00 PM EST today? What did he say? He didn't say anything new, keep getting vaccinated, getting booster shot, getting the children vaccinated, keep wearing masks and social distancing etc. What set off the panic? And the panic really started at 3:00 PM EST. The market was still holding although slowly descending into the abyss but it was at 3:00 PM that's when the market started to go crazy.

 

[Overnight]

You mean the press conference that he gave at 3:00 PM EST today? What did he say? He didn't say anything new, keep getting vaccinated, getting booster shot, getting the children vaccinated, keep wearing masks and social distancing etc. What set off the panic? And the panic really started at 3:00 PM EST. The market was still holding although slowly descending into the abyss but it was at 3:00 PM that's when the market started to go crazy.

It was just before 1PM EST, on CNN, and CNBC, and prolly Bloomberg and the BBC too. I was watching it. As for what set-off the panic, re-read my post.

 

[murray t turtle]

Well I bought the dip today like many suggested. Let's see how it goes. Powell is testifying this Wednesday so hopefully what I bought was really the dip. We are not going to know the vaccine effectiveness which is the real market mover that everybody is holding their breath for until 2 weeks later so during the interim, the market is going to be just trading on jittery noise unless some REALLY unexpected news comes out. So far all we know is that the omicron variant causes very mild symptoms according to the South African doctors that first discovered this variant.

%%
Exactly;
that tends to go well in an up trending bullmarket. I like the US central bank moves much more than the chicom central bank moves.
I like to get paid weekly more or less also; i cut a loss on earlier on SPLV, because i knew if it did not move up well\loss maybe small\it was.
Strange year/SSO tends to do better than QLD this year, usually QLD excels.....................
NOT a prediction+ not insured by any federal agency.,

 

[Jungletrader]

Preliminary Findings on this new strain shows no deaths as per my writing this so I'm assuming from Monday Markets will steadily recover