The Infamous Stock Market Flash Crash | CNBC
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- Опубликовано: 22 авг 2024
- The Dow Jones Industrial Average slumped nearly 1,000 points in a matter of minutes in the flash crash of 2010, sending traders into a panic and inciting scrutiny of the U.S. equities markets.
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The Infamous Stock Market Flash Crash | CNBC
I am holding a cash position right now, of about 300k. I know a dip is supposed to be the buying opportunity, so whats the best stocks to dive into, in this crash?
Chose quality stocks and follow them up. If you're not one for such complexities, hire a wealth manager to grow your money.
Acquiring prospective assets with proper mkt direction will provide more returns than doing it all by yourself. Thankfully, I can attest to the success of this approach aided by professional guidance seeing my portfolio of $1.3m grow by 25% this year alone... maybe you should do the same.
Agreed, having a professional can be smart move sometimes. I remember amid covid-19 crash, I really was having investing nightmare prior touching base with an advisor and as of today, I've accrued nearly $1m from a shaky $400k portfolio. No gimmicks!
That's incredible. Could you recommend who you work with? I really could use some help at this moment
Sure, *Victoria Louisa Saylor* is the licensed advisor I use. Just search the name. You’ll find necessary details to work with to set up an appointment.
Somebody on their TD Ameritrade account just placed a market order instead of limit. No big deal really.
looks like you were wrong 😢
Crash fatigue is showing with most people. Most are so tired of hearing about the worse even though its true. We are being boiled slowly in the pot! I want to diversify my $80k portfolio.
I completely agree. It's not just about the dividends or profits, Diversifying a portfolio can be a smart move and i always advise one gets a professional to help out.
The issue is most people have the “I want to do it myself mentality” but not equipped for a crash that comes afterwards. Ideally, advisors are perfect reps for investing jobs and at first-hand experience, my portfolio has yielded over 300%, summing up nearly $1m, since covid outbreak to date
That's impressive! I could really use the expertise of this advisors because my portfolio has been down bad. Who is the person guiding you please?
‘’Aileen Gertrude Tippy’’ is the licensed advisor I use. Just search the name. You’d find her webpage and necessary details to work with to set up an appointment.
Thank you for the recommendation. I'll send her an email, and I hope I'm able to reach her.
The wealth wasn't wiped out, it was transferred to the top.
Doug Life you clearly don’t know how markets work
you sir are wrong
@@michaelferencak8750 you’re wrong wtf
@@yugiohpokemon5285 lol your wrong 🤣
The humans beat the robots that day and what they did was declare the trades invalid and gave the money back to the robots owners!
Buy the dip
Nope, buy da puts!
One of us.
@@jminkvihubyb ya at 10x premium lmao
a little too late for that innit
the problem is knowing where the dip is
IDK why, but the panic makes me happy.
I do enjoy when the elite lose their unfairly earned market money.
@@sinvest4178 beauty, isn't it?
@@sinvest4178 elite never loses dude hhaha they cause the drop to let retail hold the bag
Same I will be happy when we fire our nukes
It is exciting. But then the understanding of consequences and regret come after initial excitement wanishes
This was the best day to buy stocks ever since, a great example of when the algos can be beaten by real intelligencem
What is intelligencem bro? Do u mean real intelligence?
Four years ago today, the stock market experienced hell.
Unless you happened to buy at just the right moment.
Sell sell sell buy and sell sell again
Opportunity
2020 says hi
2022....have your dry powder ready
2008 crash, Lehman Bros and Morgan Stanley were sued buy investors. Judge ruled, "You cannot sue the richest 0.01%, 'Non-Judicial Review' " was the verdict! So yes, the richest people have the power to make laws that protect them from justice!
Praying for this to happen this year
ha
Housing markets are certainly driving the paranoia
this isn't a get rich quick scheme....
What followed over the coming 12 months was unemployment went from 4% to 10% and housing, particularly in Florida dropped 60%, but closer to 45% nationally in value while millions upon million of families lost everything they owned because there were no jobs and no way to pay bills because 78% of Americans live paycheck to paycheck without more than a couple thousand dollars in the bank. Same thing's about to happen later in 2024 and throughout 2025-2027.
Whoever brought the dip made a good chunk of change that day.
Sincerely, I'm not sure if investing at this time is a good option. Pay attention to how often things fall apart. Despite reading charts and predictions from renowned investors from the past and present, I'm still seeking for a better way to invest my money because I still have some time before retiring. I want to create a strong and trustworthy portfolio in order to produce passive income.
This is the problem! People who have little to no stock market knowledge frequently try to acquire on their own. I had the idea before acting responsibly and contacting financial advisor. "Ruth Loralann Brennan, in the US, but now everything is different. I started getting amazing returns on my investment.
@@Janette512 Sure , I don't know if I am permitted to drop this here, but do run a check on Ruth’s, she was in the news a lot in 2020. She’s my coach and handles my portfolio also
@@James-35 I was curious so I checked up ruth’s profile online; I saw her website; her credentials speak highly of her; and she comes across as being very tight. I initially believed that this was hyped nonsense.
I knew this was gonna be a bot comment thread 😂
@@daymoncleveland0622read it from a mile away…
March 2020 said "1000 point drop? That's cute". LOL
Are we going to get Deja Vu with this?
Shame that it didn't continue.
今週の月曜日、日経平均は1日で12.4%下落しブラックマンデーに次ぐ下落率を記録しました。
しかし翌日10.23%上昇しました。
マーケットのクラッシュはいつの時代も起こるものだと改めて思い知らされた。
This crap is going to happen again and it's going to be triple the amount of damage. It's only a matter of time. I have my puts ready to enter
Be carful with puts, every time it looks like things are going to collapse, "they" end up rigging the market in the other direction. Throw down puts when the collapse is in the early stages but prepare for hardcore rigging and manipulation along with probably more printing of money to prop things up another few years until we're faced with kicking the can further down the road.....again.
I hope you're already in! I was waiting for this to happen for a long time!
@@sskhussaini Hope both of you heeded my advice about the market rebounding, 'cause it did.
@@muziklvr7776 just sitting out at the moment lol.
Nahhh I don´t think it will happen again in the way it happened back in 2010. They improved their systems significantly after this happened
I remember this live, I was at Merrill Lynch and my buddy Jason P. was like “woah….what just happened??…”
History is repeating itself soon after these rent price keep going up
CEO of Lehman Brothers, Richard Fuld took a huge blame in 2008. He left LB and got a job with Matrix Advisors in March 2009(!!). By July 2015, Matrix Advisors, led by Fuld, had grown to about two dozen employees. By 2016, Matrix Private Capital LLC had $100 million in assets under management from 18 families. Every average person got f*cked over, and forgot all about Richard Fuld. He's still a millionaire and always has been. Jokes on us.
To be honest...100 million isn't a lot of assets under management. RIAs make about 1% of aum each year. How can they afford 2 dozen employees off a million a year in revenue?
us options traders know that rally or crash, we’re making $$$ either way hahaha
Biggest lesson i learnt in 2023 in the stock market is that nobody knows what is going to happen next, so practice some humility and low a strategy with a long term edge.
Nobody knows anything; You need to create your own process, manage risk, and stick to the plan, through thick or thin, While also continuously learning from mistakes and improving.
Uncertainty... it took me 5 years to stop trying to predict what bout to happen in market based on charts studying, cause you never know. not having a mentor cost me 5 years of pain I learn to go we’re the market is wanting to go and keep it simple with discipline.
Could you kindly elaborate on the advisor's background and qualifications?
NICOLE ANASTASIA PLUMLEE is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
2023 again. Buy buy buy
Where did that trillion dollars go? It just vanished into thin air? Just act like nothing ever happened?
Went to insider traders and the ultra rich who got wind of it before things momentarily crashed.
It was never there. Its all paper wealth until someone tries to sell out.
it was the short sellers hacking the system
Everytime i see news anchor and wall Street crying and shouting it makes me happy
Millions of people lost their jobs and houses, but high ranking officials in wall street earned billions for shorting.
average day owning tesla stock
Exactly the reason there won't be a market crash ever, people just know to buy the dip and there is enough money in circulation out there to make a come back,
You don’t a thing about the stock market.
maybe an accidental flash crash like this, but that's NOT how it works for a regular crash. Most money around the world is NOT liquid.
Depending how you calculate it, non liquid ""money"" could add up to anywhere around $1200 trillion. Whereas actual cash could be $90-120 trillion.
I shouldn't need to spell it out for you, but basically the markets affect most of that first number. wealthy people and companies can easily lose more money than they have. It would not be pretty, and throughout history it never has.
So can someone explain what happened?
R P idk if u ever figured out what happened but go watch the movie The Big Short incredible movie about this situation
@@TheDarkSide73914 The Big Short is about the 2008 financial crisis, not the 2010 flash crash
It's a flash crash made by great retail trader using algo trading and use of simple maths and confused the other traders in Just in 6mins and trader made huge money
And after court make to him akused
@@TheDarkSide73914 U are totally confused mate the Big Short is about the Sup prime Mortgage crises that cause a world wide recession in 2008. This video is about the flash crash in may 2010 well after the financial crises took place and well into the bull run the market experienced after the crises
It so happened that one fine day a guy named Mr. Navinder Singh Sarao was trading like a usual day, when his mom calls him for lunch. Before leaving he just cancels all his pending orders and the rest is the same reason you are asking this question.
oh no, it only went don 3 percent lol
I have buy orders set
What the heck-
Beauty at best 📉📉📉🤑
Nav
The robots lost to humans that day but they declared the trades invalid and gave the money back! We trade fear and greed all trades should have stood! Casino never loses!
Explain
20萬億
The clock is ticking and a crash of unimaginable magnitude will occur and we will not recover from it unlike 29
Every time the market dives, I end up richer. Wonder why?