So today was fun.
Tomorrow could also be odd.
Overall, Asian markets are not at volatile as they were yesterday at this time. Crypto though is still on full crazy mode, all the different flavors of crypto are down and bouncing around. Glad I dont mess with it.
Forex is bouncing around but DXY is near stable.
Thats the current low down, but I bet everything will be as different as a Kamala dance party tomorrow.

I would imagine if there is not an Iranian attack in the next few days, the market will start creeping back up.

I think the big funds will work in coordination and buy back just a little tomorrow to stabilize things and try to calm all the individual investors by running it up a couple hundred points at the open and holding it there. They’ll let it sit for a while and bait people into thinking they are buying in on the drop. They’ll buy in and bounce it up some, then the big funds will sell off again toward the end of the week. It’s how they maximize their profits on the exit.

I agree in the process. The timing is hard to figure but I agree that they will do something like that to force the Fed into the emergency rate cut corner. One mid-sized notable bank collapse would probably do it.

Blackrock could probably crash a shaky regional bank in a few key strokes.

I don’t see the emergency rate cut happening. To do that would be tantamount to the Fed and CB admitting exactly how weak the US economy really is and alternately, how they’ve artificially propped it up for previous sessions by waiting far too long to start the rate bumps back when they really might have had an effect on inflation. Not only would that spook US traders, but the rest of the world would immediately react to that and the Fed and CB cannot have that happen because they have zero, direct control and influence over those foreign exchanges/markets. They’ve got to keep it all down home. Massive worldwide sell offs across other markets are just as detrimental to the US market as it is to the rest of the world. I just don’t see how they can do it, at this point in time, just a few days out of the last Fed meeting, without spooking everyone, both domestic and foreign. It would be a HUGE gamble that I just don’t think they are willing to take, no matter how bad they want to do it to help their Democrat brethren.. They also see the writing on the wall and know it’s all already a done deal. Warren Buffet quietly exiting almost 35% of his equity positions over the past 12 months, and announcing today that he’s sitting on almost 300 billion in cold hard cash right now, should tell you that he’s been looking for a huge drop in the market and has positioned himself and Berkshire to take full advantage of the coming bargain buys.

Let me know when I need to buy…

What abolt is saying about Buffet and there are others like him is about volume. Its Walmart style stock trading. The big guys make billions on single trade margins as small as .0005% but the volume is so large, they make 5000000000 in a single trade.

You and I can buy all our moneys' worth when something hits its lowest spot, and we still wont get anywhere at the rate you would like, cause they got it set to trade within a controlled window. If Buffet or Blackrock were to do a big hit at one time, they could fracture an entire economy.

abolt has a good argument about the Fed not doing an emergency rate cut. I'm thinking the Fed will do some kind of cut on something to shut up the peanut gallery. Not a true cut, but more like a sector cut on something like a specific instrument. Maybe a specific kind of rate to troubled banks, or something folks will not get in trouble with but will sound good for the administration.

I figure we are flat for a few days and baring any wars or whatever we will head back up

I photographed a guys wedding way back in the early 2000s that made mention of these computer systems. Said he wrote code for them to trade with. I thought he was BSing until some flash crashes were blamed on the trading algorithms. Lay I’d heard of they were building these server systems as close to Wall Street as possible to get the fastest trading possible.

I think Big Companies are seeing The Real Kamala Harris. This could also be affecting the markets IMO

I would be concerned if the markets were stable. With all that's going on this is normal if that males sense.

Not stable at all and hasn't been for a while. Maybe , just maybe DJT will have a calming effect on Nov.5.

After watching video on HFT that shucks should be illegal.

After watching part of that video it is crystal clear how rigged the entire system is. The little guy is getting raw dogged at every turn.

Exactly why I quit forex

When it comes to the stock market..i have no ide whaybyall are talkin about 90% of the time..id really like to learn about it..but nibody in my family owned no stocks…they chopped cotton an dug ditches..i dig ditches…but…if you tell me its bad..im inclined to believe yall…but it aint changin the ditch none here…same old dirt an rocks🤷🏻

Depending on how Iran responds... Good chance we are seeing record highs again by early next week IMO.

The stock markets are a completely rigged.

Now it's back in the green!

Somebody gotta dump some money before it tanks