Posted on 03/09/2020 11:41:24 AM PDT by Enlightened1
Stocks cratered Monday as investors grappled with the sinking price of oil and the spread of the coronavirus.
The Dow Jones Industrial Average tanked 2,043 points, or 7.9%, on pace for its worst day since December 2008. The S&P 500 plunged 7.5%. The massive sell-off triggered a key market circuit breaker minutes after the opening bell. Trading was halted for 15 minutes until reopening at 9:49 a.m. ET.
The sharp declines followed a roller-coaster week that saw the S&P 500 swing up or down more than 2.5% for four days straight. While Monday’s drop was significant, it still didn’t crack the 20 worst days for the S&P 500.
(Excerpt) Read more at cnbc.com ...
Currently down 2,088 (-8.07)
There is going to be one Hell of an upswing later in the year.
The only possible way to defeat POTUS in November is to tank the economy. Some powers that be, are working hard to do just that.
Time to consider suspending trading?
Polticalwire.com is naming the Wuhan virus as Biden’s running mate, they are gleeful.
Would you be so kind as to private message me the day before the upswing begins?
I’m honestly glad the market is down. I’ve been worried it has been going up too fast and a huge bubble would burst ala tech bubble and housing bubble.
I look at this as a check and the market gets back to reasonable growth rate, not a boom rate.
Upswing will begin when warm weather arrives and virus starts dying away.
I don’t care if the economy falls to the seventh circle of h!ll, I still will not vote for Biden.
I will still proudly vote for President Trump.
He is the ONLY person who would be able to bring us out of it.
Wow, that place is looney toons.
Two things will happen starting by late June or sooner.
The CV will fade out as does every other flu-like virus as the wx gets warmer, and the stock market will shoot back up like a rocket.
Lets see what happens with job creation
That, and unemployment are the most important things.
The mediaVOMITS pukes are so giddy!! American lives are being so effected not just the people they despise but there own liberal evil creeps!! This hurts ALL AMERICANS..they don’t see it now but their manufactured panic is gonna bite them in the ass too!!! They too have family members that will pay the price and get kicked in the walnuts too!! Laugh all you want mediapukes you’ll get yours too!! Bank on it!!
Expect a +300-500 point 'dead cat bounce' tomorrow.
You have been warned.
I can assure all of you folks in America land...if DJT is not re-elected.....America will return to the dying state Obama put it in.....no jobs, no opportunities, no equality, no growing economy, no hope, no future...just elite ego driven, rule and unrestrained or unrestricted corruption will abound...unchecked!!! LMAO....that American citizens can be that dumb!!!
Oil plunges 24% for worst day since 1991, hits multi-year low after OPEC deal failure sparks price war.
Oil prices impacted by Mean/Stupid Trump’s failure to kill the killer Corona Virus and save mankind. /S
Vote for Biden and save the world financially and virus wise. /S
Companies like Microsoft and Google will benefit with their web conferencing software. In fact, both may offer a huge sale in the next months for corporate-level licensing with very cheap license fees per user.
This is very important, both tactically and strategically. It involves defeating the politics of blame & envy, with a conservative appreciation of the traditional value of the congenial community.
Am I right or wrong?
Also consider:
Have you bought any bargains in the past week or so?
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