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Message
re: Futures hit limit down in less than 10 minutes
Posted on 3/22/20 at 7:34 pm to HailHailtoMichigan!
Posted on 3/22/20 at 7:34 pm to HailHailtoMichigan!
Always the Dems fault per TD. It couldn't be because there were some ridiculous stipulations that both idiotic sides of the aisle are trying to slip through. Naw
1
Posted on 3/22/20 at 7:45 pm to Louie T
Yeah.. the Republicans are fricking up right now.
Posted on 3/22/20 at 8:45 pm to Upperdecker
Pettiness.
Posted on 3/22/20 at 8:57 pm to Huge Richard
quote:
eard on the radio that the stock market is the transfer of wealth from the uneducated to the educated lol.
This is not strictly true. It is from the impatient to the patient. But, close.
quote:
Basically do the opposite of what everyone else is doing.
This is the Warren Buffet thing (frankly, I think my first quote is Buffet, too) - When everyone else is bold, be fearful. When everyone else is fearful, be bold.
Posted on 3/22/20 at 10:09 pm to Huge Richard
quote:
Sure you have lol
People have in fact been printing money off of it. Hoping to join them in doing so.
Posted on 3/22/20 at 10:13 pm to Ace Midnight
quote:
When everyone else is bold, be fearful. When everyone else is fearful, be bold.
Yea I'm not in any way calling this the bottom, or that we're near the bottom, but holy shite the saying about be fearful when others are greedy and greedy when others are fearful might be in full effect right now.
People are scared shitless. They may be right but there are people claiming we're going to lose roughly 25% THIS WEEK. THAT IS FEARFUL. Those with cash ready to go on the sidelines will alter the course of their lives due to this event.
Posted on 3/22/20 at 11:01 pm to LSURussian
quote:What was the vote count on that?
The vote for cloture failed
Posted on 3/22/20 at 11:20 pm to JohnnyKilroy
quote:Its kinda killing me that this event is happening early in my career with less disposable income. I’m still throwing a high % of paychecks into the market but I wish I could do more.
Those with cash ready to go on the sidelines will alter the course of their lives due to this event.
Posted on 3/22/20 at 11:22 pm to HailHailtoMichigan!
quote:100%.
It is ENTIRELY due to the economic relief bill possibly failing due to pelosi antics
She'd rather see the US in Depression than risk giving Trump a win.
At this stage, Pelosi couldn't care less about America, its citizens, our economy, or our future. Her sole care is her personal hatred of Trump, and her ability to act upon it.
I don't know that we've seen an individual at this level putting personal interests ahead of the country since Burr tried to wrest the Presidency from Jefferson.
She just yanked the bottom out of the markets.
Posted on 3/22/20 at 11:22 pm to jimbeam
I've got a solid chunk of change that was meant for a reno that logistically had to be completed "now" or we don't want to do it. So now that it looks like we could be months away from a possible start date, that cash has opened up for us. Might be a sign lol
Posted on 3/22/20 at 11:26 pm to Jake88
47-47
Several senators are quarantined.
Several senators are quarantined.
Posted on 3/22/20 at 11:27 pm to NC_Tigah
quote:
Asian markets and Dow futures drop as US Congress fails to move forward on coronavirus bill
By Laura He and Clare Duffy, CNN Business
11:31 PM ET, Sun March 22, 2020
New York (CNN Business) Asian markets and US stock futures fell on Monday as a massive stimulus package to help Americans handle the coronavirus pandemic hit a major stumbling block.
Dow (INDU) futures fell more than 900 points, hitting a 5% decline that triggered a maximum allowable limit, or "limit down." That halted futures from falling further.
S&P 500 (SPX) and Nasdaq (COMP) futures also fell around 5%, and were last down 4.8% and 4.4%, respectively.
Senate Democrats blocked movement on an economic stimulus package, citing 'serious issues' with the bill. That injected fresh uncertainty over whether and when lawmakers will reach a bipartisan deal to deliver relief amid the pandemic.
In Asia Pacific, Australia's S&P/ASX 200 plunged more than 7% Monday while South Korea's Kospi (KOSPI) dropped 5%. Hong Kong's Hang Seng Index (HSI) fell 4% while China's Shanghai Composite (SHCOMP) lost more than 2%.
LINK
Posted on 3/22/20 at 11:30 pm to LSURussian
quote:Inexcusable!
47-47
This should be a 92-2 precept.
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