
Option Block 884: 1987 Redux...All Over Again
Option Block 884: 1987 Redux...All Over Again
HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP
CO-HOST: MARK SEBASTIAN, THE OPTION PIT
CO-HOST: MIKE TOSAW, ST. CHARLES WEALTH MANAGEMENT
GUEST: HENRY SCHWARTZ, TRADE ALERT
TRADING BLOCK SEGMENT
HERE WE GO AGAIN! - MARKETS HALT ON THE OPEN AND ARE DRIFTING LOWER.
THE FED PUT IS MEANINGLESS: THE MARKET IS COMPLETELY IGNORING YET ANOTHER EMERGENCY FED ACTION. FED CUTS RATES TO ZERO ON THE HEELS OF MASSIVE QUANTITATIVE EASING AND AN EARLIER EMERGENCY RATE CUT. ALL OF IT HAD LITTLE EFFECT.
WELCOME TO THE FUTURE!: WE'RE ALL LIVING IN AN ESSENTIALLY…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.