Would trade futures, but dont have it setup and would only trade mini futures....have looked into it but havent found it easy to find a broker or platform.
Oh short term trading as well but now since I have a sizable retirement account I hedge against that with my trading account. Was up about 3% before the collapse, then this weekend almost down 9%. Today up 3%. Once I rally back up to where I was prior to the collapse I'm going to switch it to bonds and wait it out for the next big drop.
He gets credit for one day of gains? Will I get credit when I say the s$p is going to drop below 2800
Current death rate for 70+ folks is 15% If it settles just to 5% and virus stays which looks like is going to happen it will entirely change many industries - cruises will shrink dramatically airline will be affected Boeing might not even recover if air travel will decline. and it will most live conferences will become teleconferences whole service economy might go bust retirees will need to find a new way to entertain themselves For now it has a chance to be the worst crisis of this century 10% off from bubble levels it's definitely not panic given circumstances let's wait for the next earning season and instead promised 10% earning growth and see outright losses then buyback likely will stop and then we see how many printing can support stock market I say 2000 on S&P is not unrealistic within a year without insane money printing I would think it would be at 2009 levels
*chokes* Dear lord. You don't see this world through the lens of futures? No wonder you are blinded by the dark. As for a broker and/or platform for trading futures, they are all around you, like mitichlorians. Just use The Force™
The virus spent a few weeks infecting an average of 3000 people per day in it's epicenter. The total in Italy is about 2000. There is nothing to suggest that any other part of the world will get as bad as the original epicenter, which has already massively slowed down. Worst crisis of the century? Worse than WW2? Lol. Or you mean worst stock market crash? Well stocks were overvalued anyway and stocks don't measure the economy.