Dow futures -245 nasdaq futures -1.5% nikkei -4.5% ASX closed down 3.4% it’s 5pm Friday in Australia.
I’m going to sleep but I don’t see how tomorrow won’t be another day pretty deep in the red. And I would be stunned if there was any good news at all over the weekend.
yeah we haven't even seen real spread yet like we've seen abroad (we probably have it, we just aren't testing at the rate the italians and south koreans are) going to wake up and we'll have dozens of cases added to the list then this is really going to get dicey
Think of it in percentages instead of points and its not so bad. What are the 10 worst weeks by percentage in history?
I work for a big 4, we have too. No travel for internal reasons, international travel for client reasons is banned subject to executive approval, domestic travel discouraged.
I imagine today is going to follow like the last few days. Open down big, come up a bit and then drop out again.
Teladoc is such a champ right now. 143.22 right now, up like 8 a shared. Originally purchased at 28.75.
My company owes me about $700 in deferred company 401k matching that gets paid today. So I got that going for me.
Theoretically let’s say a large portion of your portfolio is in cash, pretty tough to jump in now but what should someone look out for as a good entry point?
FYI - I'm no Gallant Knight but this has proven to be true. Since post date BCRH is up from ~6.75 to 6.96 despite broader market falling about 10%.
No not at all. But I've been building quite a bit of dry powder in my main checking account and realized today I have a $25k daily limit to transfer to brokerage (two different companies). So mainly just trying to get the powder ready to deploy. Thinking I will buy in Monday but will see how the weekend goes and re-assess.
Withdrew $100k yesterday and just sold all my tesla puts today I’m done. Turned $20k into $459k in a week dblplay1212
You guys know more than I do but I’d be leery as hell about jumping in Monday. If shit gets closed up we’ll have a recession along with this correction.
ok i had to jump back in with tesla spiking to 685 for no fucking reason. 100 $500 puts at an avg of $6.30 have to hold these overnight to avoid a day trade margin call it looks like. so hopefully it doesnt go to 800 today
Possibly a little now, the big drop may be done though. You may see a sell off after the big rush today for everyone not to hold stocks today. The best time to hold the inverse was earlier this week. Of course, if the virus spreads over the weekend, it will probably drop more.
There’s nothing to look for. Otherwise everyone would do it and none of us would have to work for a living. Here's a simplistic article that explains the importance of staying in the market and not trying to time it: https://www.fool.com/investing/2019/04/11/what-happens-when-you-miss-the-best-days-in-the-st.aspx