Today's trading on the ASX

[wayneL]

when they come, the sharp and swift short covering rallies make it hard to nail.

Indeed and impossible to pick whether a bear market rally or the actual bottom.... Unless lucky.

 

[Sean K]

US futures down about 4% so we might have a couple of bloody days. I was going to start adding some small chunks this am, but maybe not.

 

[qldfrog]

When 60% cash and nearly 20% pm, adding a few cheaper entries will not hurt too much, i will have a back to 2 y ago entry, and that does not take 10% inflation or so into account...not too bad, that does not mean i am all in at all

 

[DannyB0000]

So it seems that a number of big players have already been burnt "buying into the dips"

Hedge funds who play the stock market casino game are flashing amber. I wonder who will be on the other side of the sell calls ? And will there be enough to prevent a disorderly market ?

I don't believe it is feasible for Super funds to make big exit calls. Last year when big players exited from FMG for example the price dropped precipitously. And that was in an overall reasonably good market situation. Today and tomorrow ?

I wonder if Warren Buffet is still on the sidelines waiting to pick up the pieces ?

He will probably wait until the market capitulates before putting his $325 billion dollars to good use, still to early to deploy it.

 

[eskys]

Real time futures for tonight:

US 30​		36,988.50	37,566.50	36,515.00	-1,326.40	-3.46%	19:50:16
	US 500​		4,883.80	4,966.20	4,802.70	-190.30	-3.75%	19:50:15
	US Tech 100​		16,595.80	16,950.40	16,332.50	-801.90	-4.61%	19:50:16
	Small Cap 2000​		1,742.70	1,747.60	1,700.10	-84.30	-4.62%	19:50:13
	S&P 500 VIX​	Apr 25	36.83	40.05	36.20	+8.31	+29.14%

 

[Garpal Gumnut]

We won't really know until tonight.

gg

 

[Garpal Gumnut]

BHP is gone.

gg

 

[TimeISmoney]

Here comes the blood bath.

 

[Garpal Gumnut]

I might go down to the Strand and have an ice cream and watch the pretty girls walk by.

gg

 

[Dona Ferentes]

I might go down to the Strand and have an ice cream and watch the pretty girls walk by.

gg

what flavour?

 

[TimeISmoney]

So many people are trying to dump the broker servers are jammed.

 

[Sean K]

The VIX is going mad. Not as mad as Covid, yet.

 

[Dona Ferentes]

So many people are trying to dump the broker servers are jammed.

2pm
"Hello, your LVR has been breached. Please put $xxxxxx in the linked account by 2:30pm"
"Haven't got the money"
"Your holdings will be sold at market until necessary. Have a nice day".

so, I'd wait b4 buying.

 

[eskys]

We won't really know until tonight.

gg

We won't but costs nothing to exercise some caution. Could be better or worse tonight, no one knows. The premarket doesn't give me much confidence, but each to their own

 

[bigdog]

10:30 Unable to Sign in to Westpac Share Trading today

10:45 Now signed in
-- Your request cannot be processed
Your portfolio summary is currently unavailable

​

 

[Knobby22]

Unable to Sign in to Westpac Share Trading today

​

Time to join Belldirect.

 

[eskys]

Unable to Sign in to Westpac Share Trading today

​

Was ok before trading started. Have been dropping off once or twice, back now

 

[The Triangle]

All 3 trading accounts are very slow to respond. Mobile versions are all faster.

Poor moms and dads trying to sell. I just want to see the red!

 

[bigdog]

Link To check with 20 minute delay

Top 50 by Market Cap

View ASX Top 50 by market capitalisation

www.asx.com.au

At about 10:30

 

[basilio]

Looking at a few shares and there are FA buyers and still very big sellers.

If people are trying to sell at market or brokers covering short positions there may not be sufficient buyers for a looooong way down.