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Stock Market

Rain Cold

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Going to be a wild week. Futures limit down, crude near $31, gold near $1700, and the 10 yr yield is at 0.5%! How long until the Fed steps in? Tomorrow or Tuesday is my guess. I bet some big funds and some companies are going to blow up soon. Would hate to be holding junky debt right now.
 

Downeastnc

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I don’t believe that number is correct. That sounds like the S&P value at 8pm that’s about 5%
Yeah maybe it was S&P not Dow.....so the real question is this the beginning of a long term down correction and if so how much...10%, 20%?
 

DustinWx

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I’ve sold most heavy stock funds. My bond funds are doing well. Will buy back in later
 

Rain Cold

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Yeah maybe it was S&P not Dow.....so the real question is this the beginning of a long term down correction and if so how much...10%, 20%?
Already close to 20%. Limit down is 5% in the futures market. Won't trade below until the cash open. We'll see if the big guns come out and stick save before the open. If not, it will be a bloodbath.
 

Windergawx

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Either fed steps in early am or this thing hits breakers, virus and oil this is market doom. I pulled all money out weeks ago play smart let this blow over
 

Snowfan

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So when was the last time that the stock futures stopped because they reached the limit?
 

cyclogent

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Well, at these prices, domestic oil production is toast. That side of the bond market is fubar.
 
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