Futures getting killed despite full point Rate Cut

[SunTrader]

Didn't they hear that Chumpie said "investors should be very thrilled".

Very, very.

 

[LanceJ]

If the first stop is 7%,
Dow -900 from 22848 is less than 4%
Isn't 7% down, -1600, 21248?

 

[JamesJ]

If the first stop is 7%,
Dow -900 from 22848 is less than 4%
Isn't 7% down, -1600, 21248?

5% in premarket https://www.cmegroup.com/trading/price-limits.html#equityIndex

 

[Overnight]

If the first stop is 7%,
Dow -900 from 22848 is less than 4%
Isn't 7% down, -1600, 21248?

You'll see that tomorrow morning. The bad China data will help propel us to the third SP limit down in a calendar week.

 

[chasinfla]

Do you have a link to VIX and Aussie futs?

 

[Amahrix]

 

[chasinfla]

objective or no, one usually follows the other.

 

[niceneasy]

I like that Powell says they will remain patient to raise rates and not introduce negative rates like they are in control. I think this is early innings they are going to keep juicing this thing every week...

 

[hhiusa]

... or because of the rate cut.

exactly.

 

[SunTrader]

I like that Powell says they will remain patient to raise rates and not introduce negative rates like they are in control. I think this is early innings they are going to keep juicing this thing every week...

Ummm they lowered to zero. What comes after zero .... on the way down?