stock market crash

[ChimpMaster]

Futures on US, UK and European markets all down around 4% to 5% at the time of writing.

Oil down 22% due to russia refusing to cut production and leading to Saudi increasing production and launching price war

[AtW]

Good news - cheap petrol that CoE can tax and fewer people will notice.

Bad news - less driving opportunities due to imminent quarantines...

[GJABS]

Futures on US, UK and European markets all down around 4% to 5% at the time of writing.

Confirmed. IG Index FTSE spreadbet currently at 6094, down 367 points.

Online Trading, Spread Betting, CFDs, Share Dealing and Forex | IG UK

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[AtW]

Oil - 35

[ChimpMaster]

Major indices now slated to open -5% to -6.5%

Oil at 28% down

This will surely get very interesting as a buying opportunity this week.

[scooterscot]

Oil down now 30% according to FT:

“Global stocks and government bond yields tumbled after oil prices crashed by almost a third, as the prospect of a crude oil price war hit markets already reeling from the coronavirus outbreak.

Investors dumped equities on Monday after the price of crude fell by more than 30 per cent to four-year lows, marking oil’s biggest one-day drop since the 1991 Gulf war. The price crash ricocheted through equity and bond markets, sending the 10-year US Treasury yield down through 0.5 per cent to a record low and US stock futures sliding by as much as 5 per cent.”

[scooterscot]

I read that LSE will pull the plug out of the FTSE 100 to prevent anything greater than a 5% drop in a single day. That can’t be true?

[scooterscot]

This will surely get very interesting as a buying opportunity this week.

You’ll be catching the sharpest falling knife ever -

[ChimpMaster]

I read that LSE will pull the plug out of the FTSE 100 to prevent anything greater than a 5% drop in a single day. That can’t be true?

The US has 5% circuit breakers.

UK and EU markets all down 9%+ at this time.

Oil at 28%.

[Andy2]

You’ll be catching the sharpest falling knife ever -

buy when there is blood.....