Could the New York Stock Exchange Be SHUT DOWN?

Published on September 14, 2023

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Could the NYSE in Wall Street be closed to prevent the spread of the “virus”? Just a few short minutes of me recording this video, the World Health Organization deemed the virus a pandemic. I live in NYC and it is the most densely populated city in the United States with over 8 million people. There are all these people from all over the world coming here. Businesses are ordering employers to work from home, schools are closing, etc.. Is it only a matter of time?

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The CV is rattling the global economy. And the stock market’s became so volatile, that the NYSE halted trading for 15 minutes after a 7% plunge in the S&P 500 triggered a “circuit breaker.” See, after the stock market crash on Black Monday in 1987 if the S&P 500 drops to the threshold levels of 7%, 13%, or 20% of the closing price of the previous day in a single day, the stock exchange suspends trading activity temporarily. This hasn’t happened since 1997.

And this was put in place to reduce market volatility and massive panic sell-offs, giving traders time to rethink their transactions because here’s the deal: we are emotional beings. Sometimes, our emotions take over our logical reasoning in the heat of the moment. I’ll give you an example: You get into an argument with a friend and you become so furious that you just blurt out the first thing that comes to mind. This crossed the line. Uncalled for. You cool off a few minutes later and you reflect on what you just said and you’re like, “Why did I say that?”

Well, it’s the same with those casual traders and investors when they see their positions down 10% in a day. Their fear of losing is telling them to cut their losses and sell, sell, sell. They end up buying high and selling low.

Back to the topic at hand, let’s put some things into perspective by looking at five national events that have caused the NYSE to suspend trading during market hours for days, weeks, or even months.

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These Financial Times Are Perfect To Start Letting Your Money Make You Money

Even older and larger companies lose in this gamble as well. You ought to know that such things take place with stocks that cost so little to purchase. One main thing is that they are inexpensive and cheap.

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