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Tue Sep 22, 2020, 12:25 AM

Overnight Dow Futures Are Crashing

Presently projected to open Down 600 points.

16 replies, 1779 views

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Arrow 16 replies Author Time Post
Reply Overnight Dow Futures Are Crashing (Original post)
sfstaxprep Sep 22 OP
Disaffected Sep 22 #1
marybourg Sep 22 #2
PoindexterOglethorpe Sep 22 #3
roamer65 Sep 22 #4
Tony_FLADEM Sep 22 #6
roamer65 Sep 22 #7
unblock Sep 22 #5
torius Sep 22 #8
sfstaxprep Sep 22 #9
Frasier Balzov Sep 22 #10
Awsi Dooger Sep 22 #11
Mike 03 Sep 22 #12
PoindexterOglethorpe Sep 22 #13
LanternWaste Sep 22 #14
PoindexterOglethorpe Sep 22 #16
GusFring Sep 22 #15

Response to sfstaxprep (Original post)

Tue Sep 22, 2020, 12:32 AM

1. Wrong.

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Response to sfstaxprep (Original post)

Tue Sep 22, 2020, 12:34 AM

2. I'm seeing down 36.

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Response to sfstaxprep (Original post)

Tue Sep 22, 2020, 12:42 AM

3. Source?

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Response to roamer65 (Reply #4)

Tue Sep 22, 2020, 12:50 AM

6. That's what happened yesterday in the stock market

Not the futures.

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Response to Tony_FLADEM (Reply #6)

Tue Sep 22, 2020, 01:00 AM

7. It has futures at the top of the column.

Very misleading and poor design.

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Response to sfstaxprep (Original post)

Tue Sep 22, 2020, 12:44 AM

5. Refresh your browser ;)

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Response to sfstaxprep (Original post)

Tue Sep 22, 2020, 01:29 AM

8. 600 is around 2% of the Dow

Not good, but not a big crash.

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Response to sfstaxprep (Original post)

Tue Sep 22, 2020, 01:38 AM

9. Here Is Where I'm Seeing This

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Response to sfstaxprep (Reply #9)

Tue Sep 22, 2020, 03:59 AM

10. Use the CME website for U.S. equity futures.

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Response to sfstaxprep (Reply #9)

Tue Sep 22, 2020, 04:25 AM

11. The Dow number is frozen on that CNN link, for some reason

I normally use that link also. But tonight the S&P and Nasdaq numbers are shifting around normally while the Dow number is stuck at -572. That is causing the confusion.

There would never be that great of a disparity...S&P projected .15% lower and Dow 2.07% lower. Those two indexes run more or less parallel.

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Response to sfstaxprep (Original post)

Tue Sep 22, 2020, 05:32 AM

12. Here is a link to Bloomberg's Market Futures

https://www.bloomberg.com/markets/stocks/futures

Shows -42

It's easy to get confused checking these Futures charts because prior to futures markets opening they reflect the previous day's activity.

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Response to sfstaxprep (Original post)

Tue Sep 22, 2020, 07:46 PM

13. And the Dow closed up 140 points today.

So much for the futures crashing.

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Response to PoindexterOglethorpe (Reply #13)

Tue Sep 22, 2020, 07:59 PM

14. Yeah.... kinda like

Yeah.... kinda like "am I the only one who thinks everyone's over-reacting to Covid 19? It's just a bad flu and no one seems to be getting it around here!"

It's fun to pretend, but science and economics always will out.

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Response to LanternWaste (Reply #14)

Tue Sep 22, 2020, 08:40 PM

16. For reasons I've never understood,

people here love to cheer whenever there's even a small drop in the Dow, and constantly predict a total and utter collapse of the market.

Even that dramatic sell off last March didn't last very long.

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Response to sfstaxprep (Original post)

Tue Sep 22, 2020, 08:24 PM

15. It really does no good checking the dow like some of you do. It's not

 


Tanking anytime soon

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