will the stockmarket CRASH monday? futures look UGLY

Discussion in 'Economics & Trade' started by trucker, Jun 26, 2016.

  1. trucker

    trucker Well-Known Member Past Donor

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    http://money.cnn.com/data/premarket/
    yikes well maybe this britxt will bring on the the last straw that broke the us debt bubbles back and the wave will spread globally will have to check out the asia markets sunday night to get a early clue
     
  2. doombug

    doombug Well-Known Member

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    Thanks obama.
     
  3. trucker

    trucker Well-Known Member Past Donor

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  4. waltky

    waltky Well-Known Member

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    Likely the markets will use Brexit as a cover...

    ... for a somewhat needed correction.
     
  5. trucker

    trucker Well-Known Member Past Donor

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    yeah everyone thought it would be in sept or oct as it usually drops but noone expected it to tank this early in the summer heres all the futures globally currently for monday
    S&P 500 2,037.30 -76.02 -3.60%
    SmallCap 2000 1,125.13 -47.93 -4.09%
    DAX 9,557.16 -699.87 -6.82%
    FTSE 100 6,138.69 -199.41 -3.15%
    CAC 40 4,106.73 -359.17 -8.04% france
    Euro Stoxx 50 2,779.67 -258.19 -8.50%
    AEX 424.20 -25.66 -5.70%
    IBEX 35 7,787.70 -1097.60 -12.35% spain
    FTSE MIB 15,723.81 -2242.36 -12.48% Italy
    SMI 7,747.18 -275.87 -3.44%
    Nikkei 225 14,952.02 -1286.33 -7.92%
    Hang Seng 20,259.13 -609.21 -2.92%
    S&P/ASX 200 5,113.20 -167.48 -3.17%
    notice chinas hang Seng isnt to bad at -2.92%
     
  6. SailAway

    SailAway New Member

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    Friday... stock markets.... UK lost 3.1%...USA 3.6%...France 6.2%... Germany 6.4% and ireland 9 %

    who won and who lost HERE? ?looks like the ones supporting the euro... now ireland will have to secede to save from going bankrupt
     
  7. SailAway

    SailAway New Member

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    why did UK stock market drop just 3.15% above and dax germany stock market fell 6.82% and france 6.2 and ireland nearly 9%... who is the winner here?? looks like the one that exits the euro union and the losers are the ones that stays...
     
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  8. TheLibertarian

    TheLibertarian New Member

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    No circuit breakers tripped yet.
     
  9. SailAway

    SailAway New Member

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    IF that 7.78% drop is forecast for monday to go along with the friday drop of 6.82%.. compare that to UK losing 3.15% friday and it may look like GERMANY is the one that has made a big BLUNDER??
     
  10. trucker

    trucker Well-Known Member Past Donor

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    ok now lets look at friday
    now lets say it drops 4% a day add that for 5 days straight for a week say that total is that 20% + 3.4% for last friday, 23.4% lost total new stock market total will be 13,920 points this coming friday maybe and it still wont trip the breakers so the breakers are usless in smaller crashes
     
  11. TheLibertarian

    TheLibertarian New Member

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    There will be bargains. There will be a bounce. Banks continue to get hit. gold has halted as far as hedging it seems. We will see what the vix does. Im guessing over 28 to open. Vix futures are 25.75. If vix shoots rockets, then bad stuff abound.
     
  12. Steve N

    Steve N Well-Known Member Past Donor

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    The last time this happened Trump made a fortune buying under valued stocks. Everyone, this is your chance.
     
  13. JakeJ

    JakeJ Well-Known Member Past Donor

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  14. trucker

    trucker Well-Known Member Past Donor

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    the real reason [video=youtube;1aJ12lJg470]https://www.youtube.com/watch?v=1aJ12lJg470[/video] is debt video time 2:25 the banks should of taken a big hit in 2008
     
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  15. trucker

    trucker Well-Known Member Past Donor

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    but trying to catch grabbing a fast! falling Sharpe knife can really hurt you know..:eekeyes:
     
  16. trucker

    trucker Well-Known Member Past Donor

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    is that a dead cat bounce?
    they thought there was bargains in 1929 crash and the bankers went all in, and bought up the stocks and got there A*S handed to them:eekeyes:

    http://www.history.com/topics/1929-stock-market-crash
     
  17. TheLibertarian

    TheLibertarian New Member

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    Yup, it will be a dcb for sure.
     
  18. Deckel

    Deckel Well-Known Member Past Donor

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    The first circuit breaker is trading stops if the market falls to 7% below the previous day's close. That means it would have to drop to below 16,200 on monday (so we would need a Monday 1,220 drop) to close the Dow. It won't happen
     
  19. JakeJ

    JakeJ Well-Known Member Past Donor

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    Maybe they should bring in Hillary Clinton and recite a Bloomberg "poll" while she rings the opening bell AGAIN.
     
  20. truth and justice

    truth and justice Well-Known Member

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    I thought it might take a little longer than one post to blame Obama for the majority of the UK voters voting the same way that Trump advocated.
     
  21. TomFitz

    TomFitz Well-Known Member

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    You all seem to be celebrating the potential for economic collapse.

    Which is fitting, since all of you cheered loudly for the event that set it off.

    Being proved wrong about your predictions is a cause for celebration in flat earth world.

    It really is disgusting to watch such blatant ignorance.
     
  22. bclark

    bclark Well-Known Member

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    Well, if he can control ocean levels...
     
  23. Ctrl

    Ctrl Well-Known Member Past Donor

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    Your reading comprehension could use some work.

    Part of the shakey reaction is due to all of the doom and gloom forcasting as to what would happen if they sailed into uncharted territory. part of it is the weak recovery we have had. There will be a lot of flux over the coming weeks and months, it is to be expected as the EU crumbles. Smart money will invest in index funds.
     
  24. TomFitz

    TomFitz Well-Known Member

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    There is nothing wrong with my reading comprehension.

    The flat earth types have been openly cheering for division, chaos and disunity.

    The EU is not going to crumble, even of some of the Eastern European states do leave. I suspect the luddites in the American far rigth wing may be disappointed in the outcome of that, since EU membership has significantly raised the standard of living of all of these countries.

    I realize that basing your entire world view on fear of immigration, stunts your understanding of global affairs, but the behavior and the abject stupidity of the Trump sheep on this issue is disgusting.
     
  25. Independent Thinker

    Independent Thinker Active Member

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    There was an 8% correction over this. How much of a company's value can actually depend on whether or not the UK remains in the EU or there exists an EU at all? I personally hope it crashes over 40%. I would absolutely love to get that kind of value.
     

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