It's over. Historical bull run has come to an end.

[ElCubano]

We need to purge vomit then rinse repeat

 

[Sig]

I'll be interested to see the effect that the unemployment/jobs report on March 6th has. That is actual real data.

Again, it's basic macro that when you believe you have great uncertainty ahead, a backward looking, lagging indicator like the jobs report is of almost no value in predicting what will happen going forward. So it won't have any impact, nor should anyone with any background in this expect it to.

https://abcnews.go.com/Business/wireStory/us-stocks-open-sharply-lower-yields-drop-virus-69434363
"Even a better-than-expected report on U.S. jobs wasn't enough to pull markets from the undertow. It's usually the most anticipated piece of economic data each month, but investors looked past February's solid hiring numbers because they came from before the new coronavirus was spreading quickly across the country."

Wow, it's like I exactly predicted how the market would look at the job's report! I'd pat myself on the back but it doesn't really reflect any supernatural prediction powers on my part, just a basic grasp of on macro. Anyone would have made the same prediction....who knew the first thing about basic macro.

 

[DallasCowboysFan]

I had 50 UVXY I needed to sell.
I sold at 23.45. That is the highest it has been in a while.
I thought for sure it would hit 50+ will all the volatility lately, but it never popped that high.
I bought most of it at 12,13.

It was hovering around 10 for awhile last month.
If it drops that low, I 'll buy it again.

Currently: $43.20 up 29%

Daggone it