Black Thursday? Dow futures plummet/**Update: Dow down nearly 1700 points in afternoon trading**

[NewsCenter28]

Last edited Thu Jun 11, 2020, 03:10 PM - Edit history (1)

Stock futures fell in early morning trading on Thursday as investors evaluate the pace of economic recovery and the coronavirus developments.
Futures on the Dow Jones Industrial Average fell 578 points, implying a Thursday opening drop of around 592 points. S&P 500 and the Nasdaq 100 futures also pointed to sizable losses at the Thursday open for the two indexes.

https://www.cnbc.com/2020/06/10/stock-market-futures-open-to-close-news.html

Take note of another article that noted there was panic selling yesterday, indicating what we are perhaps in for today.

Here it is:

https://www.marketwatch.com/story/signs-of-panic-like-selling-emerge-in-the-stock-market-wednesday-morning-even-as-tech-shares-surge-2020-06-10

However, a measure of the market was showing signs of panic-like selling behavior, even as a rally in the technology-related sector was helping propel tech-pegged indexes to new records. The Arms Index, a volume weighted breadth measure that tracks the ratio of advancing stock to declining stocks over the ratio of advancing volume over declining volume, was showing a reading of 2.318 for the New York Stock Exchange-listed shares. Many technicians say a rise to at least 2.000 suggests panic-like selling behavior

One of the things that the Dow feared the most was a 2nd wave and with that perhaps becoming evident, we are, perhaps, seeing a crash. If this is a 2nd wave, this may be the start of re-testing the March 23, 2020 bottom. Stay tuned.

[captain queeg]

1. Maybe they are starting to realize the prez if barking mad insane

[PoindexterOglethorpe]

2. Meanwhile, a lot of companies are continuing to make money.

[jimfields33]

5. Let's hope. The unemployment is bad enough

[Awsi Dooger]

3. Seems like it has risen too much

I have several mutual funds and ETFs that are well above where they were when the decline began.

I don't think we'll come close to testing the bottom again. I bought quite a bit in early April once the rebound seemed legitimate. I can look at the lows from late March and wish I had pounced at that point but logically it wouldn't have made much sense. I think it was April 8 I jumped back in.

[sinkingfeeling]

4. Where's MF45's tweets about this?

[Maeve]

6. DOW futures are down 885.00

https://money.cnn.com/data/afterhours/
U.S. Stock Futures
S&P -84.25 / -2.64%
Level 3,101.75
Fair Value 3,188.56
Difference -86.81
Data as of 8:49am ET
Nasdaq -181.25 / -1.80%
Level 9,906.00
Fair Value 10,093.17
Difference -187.17
Data as of 8:49am ET
Dow -885.00 / -3.28%
Level 26,076.00

[scipan]

7. Dow plunges 1,500 points as U.S. coronavirus cases rise, amid Fed's grim economic outlook

https://www.google.com/amp/s/www.marketwatch.com/amp/story/guid/24A5C128-AB87-11EA-A293-B6191294A097

[NewsCenter28]

8. Nearly

Nearly 1700 points down now. Worst drop since April 1.