The trade war comes home to roost.
Kevin Madden
@KevinMaddenDC
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2m
Market circuit breakers triggered. Stock trading halted.
And for the ridiculous crowd last night that told me there would be no massive margin calls...you are going to see what margin calls look like
Cheap gas!
Don’t sell your stocks, though. You’ll get ripped off.
I think it’s safe to say the froth is out of the market.
“as an oil price war between Saudi Arabia and Russia sent crude prices crashing.”
Can they both lose?
L
Ef Putin. He tried to destroy our shale oil industry.
Wouldn’t it be great if gasoline companies put out gas without alcohol during this free-fall of prices?
Can someone summarize the “oil price war” story?
What’s missing from the DOW and other indexes, as reported in the news, is the number of dollars that changed hands or didn’t. The total volume of money that is involved. That would be a meaningful number.
The number they give us now is the weighted average of the price of specific stocks at the close or opening of business. That doesn’t tell us if 1 share was bought/sold or 1 million.
Always remember, you only lose when you sell.
Oh well, looks like I’m going to have to tune up. my self attitude about going into work on time for another couple of years. ;-)
Oil is down 20%. Yikes
https://www.bloomberg.com/energy
“TURN THOSE MACHINES BACK ON!”
Why would anyone SELL at this point???
Real economic activity is high all around us.
I went on a shopping spree this morning... terrific companies at a 10% discount!
Wow, is this going to sink the oil sands?