The VIX Fear Factor is at almost 80 blowing through the Financial Crisis high of 60.
CNBC is going to run out of champagne.
Going to drop more. The gov’t is not telling us something about this virus.
Well, I was going to retire......
Indeed the fast traders are at a loss of what to do the smart ones are parking stock and some are buying it’s a great time for huge profits down the road.
This is like being in one of those 1950’s end of the world movies. Except in this one the world commits suicide.
I bought this 32 acres in rural KY and moved here from Seattle partly as a SHTF bugout place. But I didn’t really think I would ever honestly need it for that. I may have been overly optimistic.
I feel like I’m in a swarm of lemmings headed for the cliff and I can’t get out of it.
There was some renegade trader who put it all on the line going short when the market was around 28k and he was lauded as a start when the market kept falling.
I think at around 25k he said now it was time to buy.
He was wrong.
I have a few bucks to invest but i have no idea where any of this is going. Not a large amount.
And I don’t want it to be less after a week
Relax and be patient. When the virus tames down and the MSM quits scaring the he** out of everyone business will be ready to explode.
I am amazed that people are still trading stocks when there’s literally no way of understanding what they are currently worth. I guess some people are on margin.
what do we do....I’m not an expert....I expected Fidelity to put me in a good position...mostly conservative since I’m 66 and it was doing great and now I’ve lost a small fortune....
Today they all said tenants are out of work and almost certain to default. Two owners said they won't pay the mortgages next month, and hope the banks won't penalize them. Courts nationwide have also suspended eviction cases and likely won't start up again for months. It's a complete disaster in every sector you look.
This thing is moving along of its own inertia now. There really is nothing any sane person can do to stop it. It’ll run out of steam and die eventually and then we can start trying to dig our way out.
The economy will elect the next president.
"Margin call, gentlemen..."
Move all manufacturing back to the U.S.A. Eff China.
I have 20% stocks 20% bonds (Fidelity/Vanguard) and 60% cash. I can wait it out.
No it’s not crazy. It’s purposeful and on purpose. Stop the short selling all together. Institute the uptick rule. I wish I knew why President Trump is not doing this. We will be down to 10,000 in short order unless something is done. If anyone thinks that this is not being done on purpose buy those billionaires around the world who want President Trump out then they are absolutely blind.
The Democrats, the DC Establishment along with China wants to punish us for voting for President Trump.
Keep in mind the Soros Operatives in the media that are saying this is the end of the world also want to keep the Southern border wide open.