Negative gamma is an anagram of quagmire*
*(It isnât, but should be).
Negative gamma is an anagram of quagmire*
*(It isnât, but should be).
Deja vu.
7 minutes to the start of trading in the US.
Around 6:42 a.m. ET, futures on the Dow Jones Industrial Average indicated a more than 1,000-point loss at Wednesdayâs open. S&P 500 and Nasdaq-100 futures were also down. Futures contracts for the indices were in âlimit downâ territory, a situation where trading is halted after futures have hit a 5% loss and can go no lower. The S&P 500 gained 6% on Tuesday.
Bloomberg News says the US-Canada border is being closed for non-essential stuff.
Not far off nowâŠ
My holiday to Egypt for early April got cancelled by TUI already yesterday. Couple that with two week self isolating with four little kids at home and cabin fever is real.
While this is massively devastating for portfolio and pension, having holidays to Portugal and France cancelled could mean more money floating around for when this all comes to end. Of course only if being cooped up for several months with only 1 desk to work from hasnât resulted in losing 50% of everything through divorce!
Interesting, what was the podcast?
Itâll take a bit of time to feed into property prices as thereâll need to be confirmed transaction data. I think if this gets confirmed itâll feed more fear, prices will drop further and a lot of sellers will delist unless they really need to sell.
Boeing under $100. Yes please. Duopoly on planes with airbus and big in defence which is likely to have big spend as the economic effects of covid spill into social unrest in some areas of world. People still going to fly in the long run. Also government will never allow a strategic company like Boeing to fail
I agree a company like Boeing wouldnât be allowed to fail, Iâve been wrong on this before in thinking carillion wouldnât be allowed to fail. Is there a chance with Boeing that the operations of the company continue but equity holders suffer or are wiped out in a restructuring or some other event?
They are releasing 3 more podcasts over the coming weeks dealing specifically with the Coronavirus, the Economy and where they see the market in the next 6 to 12 months. Definitely the best property podcast I listen to, very insightful and easy to understand
A lot of US stocks seems cheap but the pound is not very strong against the dollar so will counteract some of this too
And John Thomas is correct for the 100th time in a row. He warned you two days ago the Dow is about to drop significantly again.
Good news though, insider ceoâs are buying and thatâs a good sign.
Iâm getting word that once the schools are closed, martial law will be imposed. Anyone hearing the same?
Seriously what is the agenda we are not privy to? Iâm in no doubt there is a very real virus, but either something has got out that wasnât meant to, or there is a bigger play going on here by the elites (tin foil hat well and truly on)
Scotland and Wales are closing schools - BBC
BREAKING NEWS: EUROVISION IS CANCELLED.
nasdaq suspended too
Deja vu
The S&P 500 fell 7% around 1 p.m. ET, triggering a marketwide âcircuit breakerâ trading halt while the Nasdaq Composite slid 6.3%. The Dow Jones Industrial Average dropped 1,660 points, or more than 7%. The circuit breaker halts trading across the U.S. exchanges for 15 minutes and is meant to ensure orderly market behavior. Wednesday market the fourth time in a week that a circuit breaker was triggered.
A well written balanced read. Thanks