S&P 500 just halted trading

Samori Toure

Veteran
Supporter
Joined
Apr 23, 2015
Messages
23,986
Reputation
7,445
Daps
115,529

tenor.gif



2289oq.jpg
 

OrdaineD

Pro
Joined
Jun 1, 2015
Messages
775
Reputation
265
Daps
1,524
Stock market jumped up though. I'll wait til Monday to see what the market opens up then. And whether whether to buy it not. Gold did drop though
 

Samori Toure

Veteran
Supporter
Joined
Apr 23, 2015
Messages
23,986
Reputation
7,445
Daps
115,529
Stock market jumped up though. I'll wait til Monday to see what the market opens up then. And whether whether to buy it not. Gold did drop though

It jumped up because the USA government is pumping money into it. They are doing more damage than good right now, because the Dow Jones dropped 3,000 points the other day after the Fed cut the interest rate to almost zero. So it was the Fed that created the panic.
 

OrdaineD

Pro
Joined
Jun 1, 2015
Messages
775
Reputation
265
Daps
1,524
But the longer this global pandemic continues the stock market will drop again. Unless they get in under control asap. You think it will fall further?

It jumped up because the USA government is pumping money into it. They are doing more damage than good right now, because the Dow Jones dropped 3,000 points the other day after the Fed cut the interest rate to almost zero. So it was the Fed that created the panic.
 

Mr. McDowell

The Brotha's Got His Own Money
Joined
Nov 17, 2016
Messages
1,988
Reputation
390
Daps
6,281
Reppin
Jamaica Estates
Should I buy Tesla now, it finally went under 500
:lupe:
Recovery might be a while tho

Edit- how about Boeing, they gotta bounce back after all this

If Boeing takes a bailout, there is a possibility that your entire investment gets wiped out. For companies thinking about bailout money, the best move you can make is to wait and see.

GM took the TARP bailout and the shareholders lost everything. They then re-organized and re-IPO'd. The lay person gets robbed in these situations. Don't be one of them. Be patient.
 
Last edited:

humminbird

Veteran
Joined
Nov 18, 2016
Messages
45,035
Reputation
9,496
Daps
185,897
But the longer this global pandemic continues the stock market will drop again. Unless they get in under control asap. You think it will fall further?
Today was very odd the Dow was up higher but a lot of stocks were stagnant in their prices . I’m waiting until market open tomorrow to see but I see another drop IMO
 

Arithmetic

Veteran
Supporter
Joined
Mar 6, 2015
Messages
50,114
Reputation
14,794
Daps
265,703
It took 7 months for the DOW Jones to fall 20% in 2007-08 due to the housing crisis. It fell 12% today in 35 minutes :wow:

Triggered the circuit breaker in less than 1 minute of opening (record) :picard:

All this and we havent even seen the abysmal earnings from quarter 1 and havent even felt the effects of all the closures that have taken place.
:damn:

Lol at recession, welcome to the great depression. These are effects of unchecked white nonsense. Thank God a black president ain't around to clean this shyt up :mjlol:
It's over
full
 
Top