Welcome, Guest
Username: Password: Remember me
Discussions on developments, which can move the market in certain directions
  • Page:
  • 1

TOPIC: Limit down

Limit down 09 Mar 2020 05:59 #13541

  • myownhedgefund
  • myownhedgefund's Avatar Topic Author
  • Offline
  • Platinum Boarder
  • Platinum Boarder
  • Posts: 2959
  • Thank you received: 207
US stock futures hit limit down -5% and then back off slightly to -4.8% + for all major indicies
A reminder of the US market circuit breakers
-7% a 15 minute halt unless 3:25pm or later which then closes the market for the Day
-13% same as above
-20% at any time during the day if it hits this level trading will stop for the day

The real threat imho is closing below the range I have mentioned for some time now. DOW closing below 24K brings in the next downward target of the Dec. 2018 lows. Expecting a wild day as Covid 19 news and another big pusher this morning the Saudi oil price war.

Please Log in or Create an account to join the conversation.

Limit down 09 Mar 2020 08:45 #13542

  • myownhedgefund
  • myownhedgefund's Avatar Topic Author
  • Offline
  • Platinum Boarder
  • Platinum Boarder
  • Posts: 2959
  • Thank you received: 207
First circuit breaker hit.
Surprise from limited reaction in Vix and Gold
US 10 yr 0.444

Please Log in or Create an account to join the conversation.

Limit down 09 Mar 2020 08:48 #13543

  • rodney.strongg
  • rodney.strongg's Avatar
  • Offline
  • Platinum Boarder
  • Platinum Boarder
  • Posts: 1415
  • Thank you received: 19

myownhedgefund wrote: US stock futures hit limit down -5% and then back off slightly to -4.8% + for all major indicies
A reminder of the US market circuit breakers
-7% a 15 minute halt unless 3:25pm or later which then closes the market for the Day
-13% same as above
-20% at any time during the day if it hits this level trading will stop for the day

The real threat imho is closing below the range I have mentioned for some time now. DOW closing below 24K brings in the next downward target of the Dec. 2018 lows. Expecting a wild day as Covid 19 news and another big pusher this morning the Saudi oil price war.

/

Appears to be a 15 minute delay currently in effect - we continue to witness one of the greatest over-reactions of all time - anything below 22,000 on the Dow will be like stealing imo!

Please Log in or Create an account to join the conversation.

Limit down 09 Mar 2020 09:08 #13544

  • myownhedgefund
  • myownhedgefund's Avatar Topic Author
  • Offline
  • Platinum Boarder
  • Platinum Boarder
  • Posts: 2959
  • Thank you received: 207
Oil at $27 a over reaction now $32 and change but the markets also pricing interruption of economic activity and liquidity concerns.

Please Log in or Create an account to join the conversation.

Limit down 09 Mar 2020 09:29 #13545

  • rodney.strongg
  • rodney.strongg's Avatar
  • Offline
  • Platinum Boarder
  • Platinum Boarder
  • Posts: 1415
  • Thank you received: 19

myownhedgefund wrote: Oil at $27 a over reaction now $32 and change but the markets also pricing interruption of economic activity and liquidity concerns.

/

It's all BS that will be quite obvious before too long.

Please Log in or Create an account to join the conversation.

  • Page:
  • 1
Time to create page: 0.110 seconds

Copyright Information

Copyright Fas Kuiters © 2019-2020 raccoon-lodge.com. All Rights Reserved.
This page is made with Joomla CMS and its various templates designed by Fas Kuiters with the excellent Themler tool.