Today wasn’t the worst sell off day in the stock market like it was for Europe. We fell 10% today, Europe fell 11%. The only other drops that were worse occurred during the Great Depression in 1929, 1931, & the 1987 Black Monday collapse. The Black Monday collapse is the worst drop in history and caused a 22% drop which was only 508 points of the Dow Jones! Today the market fell 2350 points but it only accounted for 9.99% of the Dow Jones! Take it in perspective, the larger they are the harder the fall! But percentage wise we were only behind 5 other historic drops in the market! I stated earlier this week, let’s look and see what monetary and fiscal policies are employed to combat the current economic conditions being brought about by the #DamnCoronaVirus and #OilCrisis with Saudi Arabia and Russia. A no payroll tax, sick leave policy and the Federal Reserve injecting $500 billion in to the market to keep bonds from not being bought looks good, but we still got a long way to go! Expect a dead cat bounce to occur in the market tomorrow but don’t get too caught up in a short lived rally! Protect yourselves a d your portfolios people! #DayTrader #PutOptions #OPEC 🤑 https://www.instagram.com/p/B9pZDc4HptHz6Fb7eaItkB1kJ4NmgydjnfL_w00/?igshid=2ysk9pj12jje