General Discussion

Demovictory9

(32,468 posts) Mon Mar 9, 2020, 02:33 AM Mar 2020

per premarket stock trading (overnight trading) the DOW will fall off the cliff monday morning

It may recover later in the day with profit taking but it will open down based on recent patterns). hold on to your 401Ks! (or don't look because it's depressing)

https://money.cnn.com/data/premarket/

U.S. Stock Futures
S&P -145.10 / -4.90%
Level 2,819.00
Fair Value 2,970.52
Difference -151.52
Data as of 2:02am ET
Nasdaq -409.75 / -4.82%
Level 8,093.50
Fair Value 8,528.12
Difference -434.62
Data as of 2:01am ET
Dow -1,210.00 / -4.69%
Level 24,579.00
Data as of 2:02am ET

4 replies

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per premarket stock trading (overnight trading) the DOW will fall off the cliff monday morning (Original Post) Demovictory9 Mar 2020 OP

Anything below 3% drop feels like a win these days Awsi Dooger Mar 2020 #1

I'm not gonna look at my 401k till dow is back to 28k AlexSFCA Mar 2020 #2

Yep. And in the interim your contributions will be buying on the cheap Recursion Mar 2020 #3

trading is halted when a 5% drop happens, of course doesn;t stop the decline in next day beachbumbob Mar 2020 #4

Awsi Dooger

(14,565 posts)

1. Anything below 3% drop feels like a win these days

Reply to Demovictory9 (Original post)

Mon Mar 9, 2020, 02:43 AM

Mar 2020

That's the way I've been looking at it...only down 2.81%, that's not too bad

At least I saved $2000 open toward my 2019 Roth. I have until April 15 to max out the contribution. At current trend I'll wait until the last minute