Nasdaq futures signaling biggest point drop in nasdaq history!!

Discussion in 'Trading' started by S2007S, Aug 5, 2024.

  1. S2007S

    S2007S

    No one saw this coming in an election year, just a few weeks ago firms were ramping up year end targets and touting the best tech rally in history and that nothing could stop this rally. And here we are headed for the biggest point decline in history of the nasdaq!!


    This is one for the records. If futures hold from now until open it will be the biggest nasdaq point drop in history!!!


    Last biggest point decline for the nasdaq was:

    March 16, 2020 when the nasdaq fell 970 points to 6904,
     
    Jaydom and maxinger like this.
  2. maxinger

    maxinger

    upload_2024-8-5_15-33-59.png

    OK. you didn't use the words 'worst day'.
    worst day - it is meant for members from eliteinvestor.com

    When is NQ going to go down from 7 characters to 6 characters (ie < 10000.00)?
    I missed those days when there were fewer characters.
    Old people wouldn't be able to see multiple characters well.
     
    TrailerParkTed likes this.
  3. Nikkei's dive of 12% was its worst since Black Monday in 1987
     
  4. S2007S

    S2007S

  5. S2007S

    S2007S


    6 characters...ummm probably 2026 but you will see 5 characters again.
    It will happen. Just be patient.
    That will mark the next bottom of the bear market and the next buying opportunity..
     
  6. maxinger

    maxinger


    The exchange can easily reduce 7 digits to 5 by simply making the tick size coarser.

    Over the years, the tick size get smaller and smaller (probably because of HFT).
    Now it is so small it can't be seen unless you use a scanning electron microscope.
     
    S2007S likes this.
  7. S2007S

    S2007S

    In 2024 they still can't fix the computers that control the swings in volatility on wallstreet. Hundreds of billions spent on tech and ai but in 2024 still can't get it straight when it comes to heavy volatility..


    Nasdaq futures were down nearly 1000 now down around 650.

    I absolutely think nasdaq could go bright green today.....
     
  8. S2007S

    S2007S

    Trying to huy pre market but all systems are fu*ked....


    Can't get it right....trying to buy some semi etfs and qqqu.

    Pathetic.
     
  9. tony.m

    tony.m

    May open flat after all.
     
  10. S2007S

    S2007S


    It will and most likely surge 2.2%.

    These days will fool you big time.
     
    #10     Aug 5, 2024