No bueno.

We will know what happens tomorrow when tomorrow comes.

Usually, the market quickly recovers in overnight after hours trading if its going to be a good Tuesday after one of these sharp plunges. For the futures to be so weak is a bad sign for tomorrow, at least at the OPEN. I could see a 1,000 drop at the open to end the day up by 1,000, but thats not healthy.

There are often sell-offs on Fridays, which get turned around early in the ensuing week to stabilize or even turn back up.

This last weekend that didn't happen. Monday was worse than Friday. If it continues many more days, it could get serious real fast.

That was a Friday as well but bounced back very quickly with even a good Monday, I believe, which, like you said, was not the case here.

I just realized that I’m rooting for my own portfolio to get slaughtered here but I’d gladly sacrifice a few thousand if it wakes the Deplorables up to who Trump really is plus I’m 2-1/2 decades away from retirement anyways...

I don't. I'm "the greater good" kind of guy, but I'll be 66 in August, and I don't really have decades for a portfolio to recover. Plus, it's already under $400K, so there isn't really much room for depreciation.

The good news, if there is such a thing in times like these, is that "my" portfolio managers managed to reach break-even in late 2009 after what was a pretty sharp downturn, to say the least. That's a comfort, if nothing else. They are pros, obviously.

I just hope I don't need their legerdemain again. Or you, for that matter.

Cheers.

There sure is no one in this WH to calm investor's fears; hell this WH is the damn fear.

All of the Federal Reserve QE money has created a very large bubble. That bubble may be popping.

hehe

Or Hillary !

And that will really help trading, I'm sure. So much margin debt out there.

Another 13% drop to halt trading for the day is totally conceivable.

https://www.nseindia.com/products/content/equities/equities/circuit_breakers.htm

Will be interesting to see what happens and whether this becomes a long over due correction or a turn to a bear market.

Will the direction continue?

I suspect we will be seeing a joint statement from the ECB/Fed with perhaps some monetary easing measures in the morning to halt what is now looking more and more like a market calamity.

Perhaps a 0.25 to 0.50 emergency global interest rate cut, coordinated, again like in 2008.

I would avoid making any rash decisions at this time and wait patiently until things calm down.

Especially the XIV, which is, if I understand correctly, a way to bet on low volatility. It looks like the whole damned thing is going to be wiped out. Someone, who thought they had a clever trading strategy, is about to get majorly crushed. I just hope there won't be too much collateral damage.

If people were levered up to buy that crap, they'll have to puke up everything else they own just to cover their debt.

Tomorrow could be interesting.

NOTHING ELSE CAN SAVE US!!!!!

Financial Regulations cut to the bone!!1!i!

Oh, yeah and more tax cuts!!!(one)!1!!

Do you want to start a countdown clock until we hear that or should I?

We cannot let them keep getting away with it!

This is frightening.

Global markets have lost confidence in the US. He proved himself as an idiot in Davos. This is the Putin/ Twitler payback.

of FEAR... I lost retirement money in 2002 and 2008...so perhaps many like me..who waited too long to get out then...don't want to lose it all again now.

... bonds are giving less returns than stocks.

I think its a 'correction' but when it will end is the key here, don't think its a structural crash like it was in 87 (which wasn't really structural just cash moving to bonds) 01 and 08

I'm writing a strongly worded letter to my broker, Dewey, Cheatem & Howe!

But that ain't chump change.

The NASDAQ and S&P are doing much better, not in green territory, but close.