Posted by DigiNomad on 23rd of Jul 2024 at 11:31 am
I'm not exactly sure how to prep for this risk but I thought I'd
throw it out there since it's something I'm working on today - the
market traditionally closes for a day of mourning when a sitting
president dies.
I have a sneaking suspicion that this tradition will not be
followed this time around if it happens during the week. The chaos
around zero and 2 DTE options alone would be insane. Lots of money
lost all around. But still have to plan in case they bumble
their way through tradition (if he does die). If they can
delay the announcement and/or event until Friday or Saturday, that
would be better for the market.
I'm not exactly sure how
Posted by DigiNomad on 23rd of Jul 2024 at 11:31 am
I'm not exactly sure how to prep for this risk but I thought I'd throw it out there since it's something I'm working on today - the market traditionally closes for a day of mourning when a sitting president dies.
I have a sneaking suspicion that this tradition will not be followed this time around if it happens during the week. The chaos around zero and 2 DTE options alone would be insane. Lots of money lost all around. But still have to plan in case they bumble their way through tradition (if he does die). If they can delay the announcement and/or event until Friday or Saturday, that would be better for the market.
Do remember CRWD was involved
Posted by breakout on 23rd of Jul 2024 at 12:14 pm
Do remember CRWD was involved in Russia GATE and servers were in Ukraine....lights out the other day. HMMM....