stock market crash

[Andy2]

FTSE 100 down 1% since opening


Come on tea leafs!

for the last 35 days FTSE is at the same level i.e. sideway , 6200
Market is waiting for some big news to go either up or down

[BlueSharp]

for the last 35 days FTSE is at the same level i.e. sideway , 6200
Market is waiting for some big news to go either up or down

Very little upside news and COVID is now rampant in the 2nd and 3rd world all we need is rumour it has mutated again and the vaccine is less effective...

[jamesbrown]

Very little upside news and COVID is now rampant in the 2nd and 3rd world all we need is rumour it has mutated again and the vaccine is less effective...

As long as there’s a reasonable prospect of a vaccine, the markets won’t be going down much. When talks on the EU recovery fund finally succeed today or tomorrow, there will probably be another small leg up. Intraday movements of 1% are nothing in the current climate and scootie’s flagging one just reveals him to be a clueless cretin.

[Whorty]

FTSE 100 down 1% since opening

Come on tea leafs!

Centrica down 1.55% since opening

FTSE only down 0.3% now

[Old Greg]

As long as there’s a reasonable prospect of a vaccine, the markets won’t be going down much. When talks on the EU recovery fund finally succeed today or tomorrow, there will probably be another small leg up. Intraday movements of 1% are nothing in the current climate and scootie’s flagging one just reveals him to be a clueless cretin.

It's not much of a revelation.

[AtW]

Very little upside news and COVID is now rampant in the 2nd and 3rd world all we need is rumour it has mutated again and the vaccine is less effective...

All it takes is one successful Russian hack and a few small alteration on trials data to be leaked on ZH - short market before that and tens of billions can be made

[scooterscot]

Centrica down 1.55% since opening

Or... Centrica up 20% since taking a position!!

[scooterscot]

Everyone is so focused on the pandemic.... lovely.

More important to the economy than the outcome of the virus:

1) Record number of unemployed workers in the US.

2) 28-30 million citizens in the US will no longer receive rental assistance in 10-days time opening the way for landlords to carry out evictions before they themselves go bankrupt.

3) Hong Kong sanctions - the UK response is at best limp and at worst last week's pizza now half eaten by the cat. Now the US is firmly written off HK as an independent. HSBC collapse in the post.

[northernladuk]

Or... Centrica up 20% since taking a position!!

Bearing in mind the growth in nearly all stocks from the initial dip I'd say 20% is pretty crap TBH. And bearing it's been pretty difficult to make less than 20% it's hardly a flag to be waving.

[Whorty]

Or... Centrica up 20% since taking a position!!

Ooh, FTSE up 20% since I took my position. (well, I have funds across multiple markets but my 6 figures have gone up 20%)

So, what you're saying is, a major stock on the FTSE is tracking the overall market (and vice-versa). You've bet on this single stock doubling in value, and yet at the same time betting that the market that this single stock has an influence on will drop like a brick.

Do you see where your logic is flawed? The chances of Centrica going up 100% whilst at the same time the FTSE dropping through the floor are low to zero purely because Centrica is part of the FTSE.

You need more graphs