Nasdaq futures signaling biggest point drop in nasdaq history!!

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

  1. tony.m

    tony.m

    I tired few times to buy Nekkei 225 at 30330 but IB would not accept the order.
     
    #11     Aug 5, 2024
  2. S2007S

    S2007S

    Premarket bid and asks are way too wide.


    Looking to short TECS and NVDD

    These are only swing trades since I have a feeling the nasdaq will go green mid day
     
    #12     Aug 5, 2024
  3. S2007S

    S2007S


    It's across all platforms. This should NOT be happening in 2024.
     
    #13     Aug 5, 2024
  4. S2007S

    S2007S

    Nasdaq futures 600 points off lows. Too bad this wasn't during normal market hrs. Nope. That was the volatility we needed to trade, it's all getting absorbed in the pre market all while stocks come off lows that no one could possibly trade.
     
    #14     Aug 5, 2024
  5. ZBZB

    ZBZB

    Speculation that long tech stock positions were financed by the yen carry trade and that is unwinding.
     
    #15     Aug 5, 2024
    mervyn and semperfrosty like this.
  6. redman

    redman

    Dats Right!!!!!!!
     
    #16     Aug 5, 2024
  7. TrAndy2022

    TrAndy2022

    We could see a 5% drop in SP500 markets today easily. It also could be a really Bloody Monday. Now I am expecting a bear market with some 25% drop accumulated in the coming weeks, I also sold my long investments above 5400 SP500 level on last week on Thursday. Thus being flat as a pan cake now.
    Fed cuts results SP500 drop_2024-8-4_7-6-30.png
     
    #17     Aug 5, 2024
    semperfrosty likes this.
  8. tony.m

    tony.m

    ES down 9%
    You will start getting buyers at 10% down
     
    #18     Aug 5, 2024
    TrAndy2022 likes this.
  9. Arnie

    Arnie

    I'd worry if this sell off doesn't get bought this week.
     
    #19     Aug 5, 2024
  10. /NKD?
     
    #20     Aug 5, 2024