Wall street going down at opening.

[BHarwana]

https://twitter.com/x/status/1049294649221894144

 

[Hamartia Antidote]

Closed up!

OUCH!!!!! Shanghai is hopeless..

 

[KAL-EL]

The dollar is collapsing !!!

 

[gambit]

Why the hell does the daily stock market cycling worthy of discussion?

 

[BHarwana]

Wall street again opens lower taking a hit.
Once the bosses of wall street said crypto is a bubble now the situation seems reverse and karma at play wall street is becoming a bubble and ready to burst. Where as crypto is becoming stable and preparing for a Bull run.

https://twitter.com/x/status/1050051542240382976

When your market opens every day low means bears are sharing their claws so get ready the ride is over and moon is here now it is time to back to earth. End of vacations.

 

[maximuswarrior]

When you start a war that you cannot win, you better be prepared for the carnage ahead.

 

[BHarwana]

@ARMalik I hope you took the advise and ditch the tech stocks.

https://twitter.com/x/status/1050114339728953344

 

[ARMalik]

@ARMalik I hope you took the advise and ditch the tech stocks.

https://twitter.com/x/status/1050114339728953344

Yep, didn't even touch them.

I am more worried about the PSX taking a battering. What do you think?

 

[BHarwana]

Yep, didn't even touch them.

I am more worried about the PSX taking a battering. What do you think?

PSX lost 1200 points but has gained 600 back in 2 days. Will recover back every thing by Monday.

 

[ARMalik]

PSX lost 1200 points but has gained 600 back in 2 days. Will recover back every thing by Monday.

The US stocks, are we in for a downturn or this is only a minor adjustment? Also, looks like Italy is having a banking crisis which may spill over to others.

 

[TaiShang]

Update: After the ugliest day in years, things got uglier after-hours...

Dow futures are now down 1000 points...

And Nasdaq futures down 5%!!

This is the worst day for Nasdaq Futures since 2011...

China was "stable" overnight (but won't be when it opens tonight)...

In Italy, Ferrari and Pirelli plunged and were halted Limit-down... with China cracking down on luxury goods and broader auto fears...

EU and US Autos have plunged...

With Ford trading with an $8 handle at its lowest since Nov 2009

S&P longest losing streak since Nov 2016... Nasdaq down 4% worst day since Brexit...

Today is the fifth straight day of losses in the S&P 500. That's the longest streak of declines since President Trump was elected. Even the correction in the February and the retest in March didn't go in a straight line like this.

Dow drops over 800 points at its lows and appears to confirm the double top...

Tech stocks took in on the chin...

FANG was proper f++ked...

Equity market breadth is a disaster...

Homebuilders...

Autos...

And the real economics PhD - Dr. Lumber...

And finally, Credit markets are starting to get monkey-hammered...

Finally, we note that the Fear-and-Greed index has swung from the latter to the former in near record time...

https://www.zerohedge.com/news/2018...sparks-longest-sp-500-losing-streak-trump-era

 

[Hamartia Antidote]

That almost beat Shanghai's 3.72% drop from Monday. But Shanghai is down so much a huge drop like that didn't even make the World News.

 

[BHarwana]

The US stocks, are we in for a downturn or this is only a minor adjustment? Also, looks like Italy is having a banking crisis which may spill over to others.

It is going to go down more.

 

[BHarwana]

Japan went down the drain.

https://twitter.com/x/status/1050180964125675520

Lol.
This is a bad crash.

 

[Yaseen1]

trade war will be disaster for u.s in long run