Dow Futures way down all of a sudden

CNN Money ^ | 3 March 2014 | Some buy in the back office

[MeneMeneTekelUpharsin]

Dow futures down -127 at this time.

[jocon307]

“Panic time is when the people elect the person they elected President of the United states the SECOND TIME. We’ll see later why that was a reason for panic.”

So totally agree.

[southernnorthcarolina]

These days, a 120-point move is nothing traumatic, especially after a weekend. Resetting to adjust to new situations which came up after the close Friday. And yes, it’s mostly about Ukraine.

Crude oil is up almost $2 (or 2%); gold is up 16 (1.1%).

Tokyo stocks off 2%; other Asian/Aussie stocks off 0.5 to 1.5%.

“Risk off” seems the order of the day, but no panic at this point.

[RedMDer]

Woo Hoo!

Less than $2.7k to go!!
GIT-R-DONE!

Make Today, Day 61 the day!

[berdie]

“Panic time is when people elect ...the SECOND TIME.”

That is a truth that I don’t know we can fight.

[RS_Rider]

“Panic time is when the people elect the person they elected President of the United states the SECOND TIME.”

What do you call it when they elect him for a THIRD time?
I think it’s going to be the imposter round III or his Chewbacca because the hildabeast is not electable material at this point in her disgusting existence.

[jsanders2001]

http://www.youtube.com/watch?v=EIo6jo04cJ8

Of many....

[SevenofNine]

I hate to say it I think you are so right

[Secret Agent Man]

ukraine, iran, etc.

[bmwcyle]

Wars and rumors of war.

[wiggen]

right now its tense but not a fire zone. Any bullets start flying and add a zero after the 127.

[Broker]

Where will capital fly off to?

[SAJ]

One other thing, seven. Brent should gain on WTI all this week unless there is some sort of 'miracle' calming down in Ukraina.

And keep an eye on Brazilian weather. 181 cities in Brazil are already rationing water, in some cases as little as 12 litres a day per household (!). Should the drought persist for another (say) month, both coffee and sugar prices will go absolutely mad. Traders should at least have a look at bullish vertical call spreads in both mkts, with sugar having the lower risk by far, but coffee at least holding out the possibility of spectacular gains (>1000% on capital) should the rains stay away.

Best to you,

[RipSawyer]

“...it can not survive a population which would re-elect him.”
//////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////

They didn’t.

[MeneMeneTekelUpharsin]

Nothing which should affect the markets these days actually affects the markets. Only those things which can superficially be blamed for affecting the markets affect the markets so key players can make a profit matter. Someone behind the scenes can push the right buttons to drive prices in the direction they wish for them to go when a superficial headline is available.

Dow futures down -138 at this posting.

[expat_panama]

"central bank week" plus the ridiculous non-farm payroll burlesque comedy."

Whatever it is it's now worse & getting worser.  Trying to decide if I want to just go back to bed or hide under it.

[DoodleDawg]

Down 125 points is a fraction of one percent. The Russian markets are of 10 percent already. Who's sweating Putin's actions more? Link

[MeneMeneTekelUpharsin]

Down 125 points is a fraction of one percent. True. Dow futures down -155 now.

[Wyatt's Torch]

LOL. Yeah... down 151 now but it’s 0.93% so I’m not quite ready to jump out of my window... :-)

[SW6906]

Is it because of the Oscars? Because Jennifer Lawrence tripped for the SECOND year in a row?!!?

Do I really need a sarc tag?

[Wyatt's Torch]

eMini chart courtesy of FactSet: