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If you have a lot of long positions for equities then I guess you can own something like SH to hedge. I would wait for the market to bounce though...
NHL suspends season due to coronavirus https://www.cnbc.com/2020/03/12/nhl-to-suspend-season-due-to-coronavirus.html MLS suspends 2020 season...
Good to hear Cy :)
Welcome to the forum :D For the stock market probably is overblown a little bit. It is no doubt a pretty big health crisis though, Italy and China...
The FED meeting is next week? Guess they don’t have a choice but to cut rates again. At this point not sure if cutting rates would be good enough...
Up a little bit over 3% now thanks to the FED :p
It would be super funny if we close flat or green :D
The FED ready to launch QE if the sell off continues lol?
Fed to pump more than $500 billion into short-term bank funding, expand types of security purchases...
Got a little bit of SPYG at $34.38, let’s see if we will get a bounce in the next few sessions :p
Could be a sign that we will see a short term bounce soon :eek:
Good for you, you have cash to use when you feel like maybe we get closer to the bottom ;)
Let’s see if we get some kind of bounce soon, it is getting pretty oversold :eek:
Well unless some kind of miracle happens, I guess today all major indexes will be in the bear market officially :p
NBA season suspended :eek: It is getting crazy
Coronavirus live updates: NCAA Tournament games will be played without fans; Warriors to play in empty arena...
The DOW officially in bear market, the SPX and the NASDAQ avoid it for now :eek:
BTW not sure if the SPX and the NASDAQ is 20% off from the ATH yet, just pretty sure the DOW is :p
I wonder if it would be the fastest bear market ever, probably would be :eek:
Still long way to go but we might see another DOW down 2K day :eek: :p For now it looks like we will close 20% from the ATH and officially...
