CORONA Market Bloodbath: Middle East Stocks Crater; Kuwait Halted; Aramco Below IPO; Dow Indicated Down 500

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CTFIREBATTCHIEF

CTFIREBATTCHIEF

Veteran Member
close to the circuit breaker levels that will shut the market down..and it just stopped due to the circuit breaker. 15 minute pause
 
Gercarson

Gercarson

Veteran Member
Everyone knew and knows - the ONLY way to crush President Trump is economically. The NWO globalist elites control the entire world's monetary systems.
This "virus" is a two-fold contrived method of control (look at the quarantines) and to make President Trump's economy crash and bring the U.S.A. back under the control of the world bank.
Yes - as a conspiracy theorist I DID tell you this was coming - elections are soon and this will get worse.
 
T

TorahTips

Membership Revoked
Gercarson said:
Everyone knew and knows - the ONLY way to crush President Trump is economically. The NWO globalist elites control the entire world's monetary systems.
This "virus" is a two-fold contrived method of control (look at the quarantines) and to make President Trump's economy crash and bring the U.S.A. back under the control of the world bank.
Yes - as a conspiracy theorist I DID tell you this was coming - elections are soon and this will get worse.
Click to expand...

Next breaker is at 13%.
 
Hfcomms

Hfcomms

EN66iq
Gercarson said:
Everyone knew and knows - the ONLY way to crush President Trump is economically. The NWO globalist elites control the entire world's monetary systems.
This "virus" is a two-fold contrived method of control (look at the quarantines) and to make President Trump's economy crash and bring the U.S.A. back under the control of the world bank.
Yes - as a conspiracy theorist I DID tell you this was coming - elections are soon and this will get worse.
Click to expand...

The cause is something for the historians to argue about. We have to endure and live through it hopefully.
 
CaryC

CaryC

Has No Life - Lives on TB
For those of us you don't know much about the market, the next market trigger limit halt to trading is at -13%. Which would be around roughly -500 in the S&P its at -208 now @ 7%.

Dow at this halt is -1884

In other markets:

oil is 32
gold is 1686 and bouncing around
10 yr treasuries 34

German 10 year treasuries are at -1%.

Mohamed el-Erian (who ever that is, is saying don't buy the dip, the FED will put tremendous amounts of liquidity). Actually it was announced overnight that is exactly what the FED said.
 
Hfcomms

Hfcomms

EN66iq
CNBC interviewing the head of the NYSE and she said a big reason for the circuit breaker is for investors to seek liquidity. Can you say margin calls?
 
CaryC

CaryC

Has No Life - Lives on TB
In other market news: Saw a report where a shale oil company (don't remember the name) is shutting down rigs.

Europe is -7% near -8% across the board, so IMHO this whole thing isn't directed at Trump.

Asia is -5-6% across the board except Australia -7%.
 
David Nettleton

David Nettleton

Veteran Member
Gercarson said:
Everyone knew and knows - the ONLY way to crush President Trump is economically. The NWO globalist elites control the entire world's monetary systems.
This "virus" is a two-fold contrived method of control (look at the quarantines) and to make President Trump's economy crash and bring the U.S.A. back under the control of the world bank.
Yes - as a conspiracy theorist I DID tell you this was coming - elections are soon and this will get worse.
Click to expand...
Won't change one base vote. What rational person with 2+ brain cells could fault Trump with covid-19 and the worldwide spread, or that Sa/OPEC is glutting the oil market? Oh, and the communists can handle the monetary crisis better? Probably by confiscating your 401k and giving it to the Free Shit Army.
 
colonel holman

colonel holman

Veteran Member
Market crisis to day is over SA dropping prices to force Russia to cooperate with production cuts that seek to raise prices. A classic price war among the big boys. Airlines should benefit greatly from lower fuel prices, but will not because of much lower ticket sales over virus fears. This is 2/3 overseas oil market and 1/3 virus. I am real tempted to buy
 
CaryC

CaryC

Has No Life - Lives on TB
My understanding is the limit trigger is bases on the S&P.

The first trigger came in at -7% now since it's re-opened its hovering between -7.21 and -6.60%
 
Hfcomms

Hfcomms

EN66iq
Halliburton down 30% today along with the rest of the energy sector. Rumsfeld’s stock holdings took a hit. Couldn’t happen to a nicer guy.
 
NoMoreLibs

NoMoreLibs

Kill Commie's, Every Single One Of Them!
0_SWNS_KILLER_BURGER_008.jpg
1583762718198.jpeg
 
Samuel Adams

Samuel Adams

Has No Life - Lives on TB
My only contention with your post is, if elections are held in America, this fall, the “corona” will truly have been proven a hoax.

To hear the groupthink, herein, the world is about to implode, absolutely, even geologically.

If that doesn’t happen, many, many heads will implode.

Hard to see an upside, either way.
 
Fenwick Babbitt

Fenwick Babbitt

Veteran Member
David Nettleton said:
Won't change one base vote. What rational person with 2+ brain cells could fault Trump with covid-19 and the worldwide spread, or that Sa/OPEC is glutting the oil market? Oh, and the communists can handle the monetary crisis better? Probably by confiscating your 401k and giving it to the Free Shit Army.
Click to expand...

Sadly, actually very sadly there are tons of morons in this country with less than 2 brain cells just look at the Bernie bots
 
NoMoreLibs

NoMoreLibs

Kill Commie's, Every Single One Of Them!
Well, went to look at my 6 shares of stock and the site is unreachable. That means no trades....nice. Can't make it, can't sell it, of course - they'll let me lose it. Glad the value is about the cost of a really nice lunch.
 
Millwright

Millwright

Knuckle Dragger
_______________
NoMoreLibs said:
Well, went to look at my 6 shares of stock and the site is unreachable. That means no trades....nice. Can't make it, can't sell it, of course - they'll let me lose it. Glad the value is about the cost of a really nice lunch.
Click to expand...

Is it shares in the company that makes the CV test kits?
 
CaryC

CaryC

Has No Life - Lives on TB
A couple of tib bits of news.

Rumor according to Maria in a talk with McCarthy is the WH is having an emergency meeting to direct funds to companies that have been hard hit with all this.

Also Maria is saying this is a ploy (driving down oil prices) by Russia (not cutting back on oil production making SA mad etc.) to drive the shale oil producers in the US out of business. To stay in business, oil needs to stay above 45.00. And oil is making a comeback from the lows of 29.00 overnight to 34.00 now.
 
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