News Dow bouncing around -1000

[[DHT]Osiris]

News now saying $1.5T injection planned. Since it didn't work, can the Fed just drop the whole thing now?

Nah, just keep printing money and injecting it into the markets. We'll end up with our very own Zombie Clegane.

 

[hal2kilo]

All things point to US are 1 Week behind EU, so shit might hit the fan as early as a week from now. It might not be as bad as Italy but still.

Since testing is so sparse, we have no way of knowing.

 

[hal2kilo]

Close down more than 10% -2352.

 

[K1052]

Fucking bloodbath. S&P -9.5%

 

[ivwshane]

Ouch! Down 10%!

One more day of this and I’m in!

 

[ShookKnight]

Is Trump going to scold Wall Street now?

Is he going to call Tim Street and set him straight?

 

[dank69]

Ouch! Down 10%!

One more day of this and I’m in!

There is nothing indicating that the freefall will stop until our curve flattens as Paratus mentioned. Until then, every day is going to be worse than the previous day. Revenue for every company that isn't somehow related to fighting the pandemic is going to continue to drop like a stone.

 

[K1052]

Is Trump going to scold Wall Street now?

Is he going to call Tim Street and set him straight?

Clearly he needs another roundtable with banking CEOs who tell him everything is fine and that he's doing an amazing job on the fake disease hoax.

 

[ivwshane]

There is nothing indicating that the freefall will stop until our curve flattens as Paratus mentioned. Until then, every day is going to be worse than the previous day. Revenue for every company that isn't somehow related to fighting the pandemic is going to continue to drop like a stone.

That’s true and while I could try to time it better I’m in it for the long haul so I’m ok with the potential losses/gains if I jump in sooner rather than later.

 

[hal2kilo]

There is nothing indicating that the freefall will stop until our curve flattens as Paratus mentioned. Until then, every day is going to be worse than the previous day. Revenue for every company that isn't somehow related to fighting the pandemic is going to continue to drop like a stone.

Na ah, one of the talking heads on CNBC said you'll never see numbers like this again. Love his confidence.

 

[sandorski]

Should probably just shutdown the Stock Market for 2 weeks. At this point it's just adding to the stress.

 

[thilanliyan]

Should probably just shutdown the Stock Market for 2 weeks. At this point it's just adding to the stress.

No way man I wanna buy in lower!!

 

[sandorski]

News now saying $1.5T injection planned. Since it didn't work, can the Fed just drop the whole thing now?

Notice how there's no angst over how they will pay for it?

 

[hal2kilo]

Notice how there's no angst over how they will pay for it?

Paper and ink are cheap.

 

[K1052]

Today's mood at my workplace:

 

[IronWing]

Oops, my bad. Trump already owns the top twelve and fifteen of the worst twenty.

Percentage-wise, so far he's peaked at number #11 (Monday). If this morning's drop holds for the day, he'll break the top ten five.

#4 on percentage lost

 

[UNCjigga]

Right now Las Vegas is dealing with
1) Canceled conferences
2) Canceled vacations
3) Canceled March Madness
4) All bets already placed on March Madness are off—money goes back to the bettors.

Somehow CZR, Harrahs, MGM Resorts are only off 15-20% on the day but I expect they’ll continue tanking tomorrow

 

[JSt0rm]

Right now Las Vegas is dealing with
1) Canceled conferences
2) Canceled vacations
3) Canceled March Madness
4) All bets already placed on March Madness are off—money goes back to the bettors.

Somehow CZR, Harrahs, MGM Resorts are only off 15-20% on the day but I expect they’ll continue tanking tomorrow

what if they started betting on coronavirus?

 

[hal2kilo]

Right now Las Vegas is dealing with
1) Canceled conferences
2) Canceled vacations
3) Canceled March Madness
4) All bets already placed on March Madness are off—money goes back to the bettors.

Somehow CZR, Harrahs, MGM Resorts are only off 15-20% on the day but I expect they’ll continue tanking tomorrow

No way I'm going to any of the 4 casinos within 30 miles of me. Native Americans revenge.

 

[IronWing]

No way I'm going to any of the 4 casinos within 30 miles of me. Native Americans revenge.

You win a blanket! And you win a blanket! Everyone wins a blanket!

 

[K1052]

Right now Las Vegas is dealing with
1) Canceled conferences
2) Canceled vacations
3) Canceled March Madness
4) All bets already placed on March Madness are off—money goes back to the bettors.

Somehow CZR, Harrahs, MGM Resorts are only off 15-20% on the day but I expect they’ll continue tanking tomorrow

I was in Vegas for work in the spring of 2009 and man was it creepy how empty it was. Going to be worse this time.

 

[Dulanic]

I think if Trump dies of corona, the world markets will rebound tremendously.

Doubtful, then we have pence who is supposedly leading our Coronavirus response.

 

[Bitek]

Waiting for Trump to say his national address was as perfect as his call to Ukraine.

Will be first true thing he's said, but not for the reasons he thinks.

 

[ultimatebob]

Even Bitcoin crashed in value today. Kinda makes sense... if this is the beginning of the zombie apocalypse, a currency that requires Internet access to use isn't very practical.

 

[ultimatebob]

what if they started betting on coronavirus?

I like it... we could make a celebrity coronavirus death pool