My gut feel is mkt up tomorrow but later will run my trading abacus to confirm, 1:30am where I am so in bed.
My gut feeling is that the market is closed tomorrow!!! So no need to run your trading abacus... Just keep in mind that the bull market is a decade old...people are expecting too much more after the longest bull run in history!!
What a day!!! Bet bulls are glad the markets are closed tomorrow, can hopefully regain a 1/4 of the losses from today's plunge come Thursday.... Like I mentioned buy the 1000+ point dips and sell the rallies...s&p 3000 is just hearsay!!
Whewwwwww Don't be in awe when these faang stocks drop another third in value or more, after many, many, many, years of gains a down year or two should be acceptable The FAANG stocks shed $140 billion in Tuesday's market rout The tech-heavy Nasdaq Composite index fell nearly 4 percent. The losses extend pain periods for Apple and Facebook. Amazon and Netflix are each up more than 40 percent year-to-date and getting caught in the rout. Sara Salinas | @saracsalinas Published 2 Hours Ago
Wow....can never be for any other reason but algorithms going a bit haywire...I guess they are the reason for the 300% bull market rally over the last decade as well.... This sell-off was caused by a computer-driven 'footrace,' Jim Cramer says CNBC's Jim Cramer blames trading algorithms for the stock market's nosedive on Tuesday. Algorithms programmed to sell securities on the same triggers were behind the massive decline, he says. The "Mad Money" host uses a football analogy to explain how the programs work. https://www.cnbc.com/2018/12/04/cramer-this-sell-off-was-caused-by-a-computer-driven-footrace.html
Futures looking very bleak atm including gold and oil, my call on SP500 for Thursday is down initially then a recovery, that according to my vision which is just in front of my pointy rodent nose. The SS Titanic which is the market had a near scrape with an iceberg, some of my rodent comrades jumped ship, other rodents are hanging on by their teeth. Anyway shortly it will be full steam ahead again until the next iceberg looms out of the fog. Will we slow down? Be damned! What we are not are pussies.