Member Info for volcano

HEALTH AND SCIENCE
Amid testing concerns, US officials unveil new coronavirus test kits and streamline commercial development
PUBLISHED FRI, FEB 28 20202:46 PM ESTUPDATED FRI, FEB 28 20204:32 PM EST
William Feuer
@WILLFOIA

I still think this a healthy stock market correction,you cannot have bull market for ever.

In London, the FTSE 100 index has dropped by another 4.3%, or by 290 points.

it puts the blue-chip index on track for its lowest close since July 2016.

So what happens next?

Connor Campbell, financial analyst at Spreadex, said: "The weekend may provide time for heads to cool, and allow investors to assess whether or not they want to re-enter the market at these new lows – after all, from a certain perspective the market is now far more approachable than when it was racing to all-time highs just last week.

"Of course, that is only if the next few days aren’t filled with round after round of alarming headlines. From a market perspective, an explosion of cases in the US would likely be the most catastrophic turn the illness could take. Though that’s not to downplay the impact of the steadily increasing number of nations around the world now seeing their first cases of the coronavirus, each new country pushing us closer to a pandemic."

i think you can blame Brexit there ,lol

Gold
1,584.00
-58.50-3.56%

Share price more than halved lest than a year ,it would be bargain again, but when?

This is IC view for EMG ,i dont take notice of them anyway.

In a ‘normal’ week for markets, you’d probably expect to see shares in Man Group (EMG) surging this morning, as the listed hedge fund posted a jump in performance fees to $345m for 2019, well above market forecasts. That helped to boost revenues by 22 per cent, though a rise in compensation, finance costs and other operating expenses trimmed the increase in statutory pre-tax profit to just 10 per cent. However, the asset-weighted performance of the group’s various strategies under-performed peers by 1.1 per cent. Sell.

I am holding cash at the moment i do rather buy on the way up than on the way down. looking for bargains.

Dow 30 24,862.02 -904.62 -3.51%
1 29
S&P 500 2,884.21 -94.55 -3.17%
11 488
Nasdaq 100 8,230.23 -206.44 -2.45%
2 101
Nasdaq 8,349.35 -217.13 -2.53%
333 1837
NYSE Composite 12,089.59 -457.66 -3.65%
136 1663

At least 33 Turkish soldiers have died in a Syrian government attack in opposition-held north-western Syria, in a major escalation of the conflict.

Turkey, which backs the opposition, says it hit 200 government targets in response, "neutralising" 309 soldiers.

Russia, Syria's key military ally, says Turkish troops were attacked in Idlib province by Syrian forces while operating alongside jihadist fighters.

The EU has warned the crisis could descend into a serious conflict.
This is very worrying .

Dow 30 25,090.14 -676.50 -2.63%
S&P 500 2,902.71 -76.05 -2.55%
Nasdaq 100 8,234.17 -202.50 -2.40%
Nasdaq 8,352.81 -213.67 -2.49%
NYSE Composite 12,547.25 -499.37 -3.83%
not that bad i remember DOW 30 at eight thousand

yes but more volatility there is more trading and that is better for PLUS

TOKYO, Feb 28 (Reuters) - A man who had been a passenger on
the Diamond Princess cruise ship has died, the first British
national to die from the coronavirus.

we all knew that, people in the money always make money ,they cause the market to rise and they cause market to fall,
there is nothing new there . in the mean time if we can make thousands they can have they millions. what can you do?
going forward look into companies with assets ,products and money in the bank they will come back strong.
this is nothing i have seen worst markets before and this was expected ten to eleven years of bull market , US markets more than trebled and some of the FTSE 100 companies gone up twenty times . i say keep trading .

lol i bet he is not invested in AFC

Feb 28 (Reuters) - London's stock markets tanked on Friday,
with both benchmark indexes firmly entering correction
territory, as the coronavirus outbreak threatened to turn into a
pandemic and spark a global recession.

Anybody TW. was 2p around 08-10 and look at it now ,is not a Armageddon yet and don't panic Mr. Maneuvering lol.

Stock Markets have seeing worst thing than a corona-virus , i don't think we will be bankrupt yet .

you are not far off the truth mate , could happen , markets are in selling mood.
Feb 28 (Reuters) - London's stock markets tanked on Friday,
with both benchmark indexes firmly entering correction
territory, as the coronavirus outbreak threatened to turn into a
pandemic and spark a global recession.

Make sure is industrial size , seventy billion shares out there, lol.
Wales has confirmed its first case of coronavirus, bringing the total number of cases in the UK to 17.

The patient had travelled back from northern Italy, where they had contracted the virus.

Feb 28 (Reuters) - London's stock markets tanked on Friday,
with both benchmark indexes firmly entering correction
territory, as the coronavirus outbreak threatened to turn into a
pandemic and spark a global recession.