This thread is more about a phone app breaking than anything else. As for your question, it would probably be down more without the cut. Still to many people panicking over the virus.
The economy isnt bad yet and the fed shouldn't have cut today. They should have made other accommodation besides cutting so early. This scares the market to death. The thinking is what do they know that we dont to cut 50pts so early. Absolutley the wrong call in my opinion.
This is crazy ironic, but I literally just applied for a robinhood account like five minutes ago and just now saw this.
Anything I should know? The app service is currently down?
The app service was down for the past 2 days, which happened to be a very volatile couple of days for the market.
If someone is just a regular long term stock investor maybe this didn’t matter much to them, but a lot of people who day trade or deal in options got screwed when they couldn’t sell their positions.
Everything seems to be working for me now. Dont know if my emails helped or not lol. I didnt know it was down until I saw threads here. I just check once a week and have had no problems before.
Financial illiterate here... If this cut is good why is the market down almost 400?
This thread is more about a phone app breaking than anything else. As for your question, it would probably be down more without the cut. Still to many people panicking over the virus.
So why such a recovery yesterday and such a drop today?
People are fickle is my only answer. Sorry its not a great answer. Others smarter might have a better reason.
Its a good enough answer for me, thanks
Because the fear is that things are either already worse or going to get worse than expected, otherwise the Fed wouldn’t have cut unexpectedly.
But also, let’s wait and see how the market closes. After the huge rise yesterday this 400 point fall might be normal.
Thank you sir
The economy isnt bad yet and the fed shouldn't have cut today. They should have made other accommodation besides cutting so early. This scares the market to death. The thinking is what do they know that we dont to cut 50pts so early. Absolutley the wrong call in my opinion.
Schwab
Schwab would be my recommendation.
I am going to try M1 finance. I have an etrade account but still want to try others. I also sent 2 emails to robinhood to see of they respond.
This is crazy ironic, but I literally just applied for a robinhood account like five minutes ago and just now saw this. Anything I should know? The app service is currently down?
The app service was down for the past 2 days, which happened to be a very volatile couple of days for the market.
If someone is just a regular long term stock investor maybe this didn’t matter much to them, but a lot of people who day trade or deal in options got screwed when they couldn’t sell their positions.
Everything seems to be working for me now. Dont know if my emails helped or not lol. I didnt know it was down until I saw threads here. I just check once a week and have had no problems before.