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[RogerD]

Looks like a series of 1,2,s in the market....which points to a acceleration down. Wouldn't be surprised to see a waterfall soon...next 3 days.

 

[andromedaaudio]

For me a bottom in stocks would be when the markets will set the interest rates again .
First the fed has to capitulate , meaning all the moneythrowing is over .
But that will be a real shocker because its inflated so much .
Probably around spx 600-1000 for a bottom
Some say gold will eventually be as much worth as the dow when the dust is settled from this debt bubble.
1 ounce of gold equals the dow

 

[RogerD]

All said and done the President needs to do what President Jackson did and throw the Fed out...dissolve it. After the debt liquidation then we can start fresh....tough times till 2022.

 

[andromedaaudio]

I dont want to get into politics here .
But usually he who promises the most free stuff gets the votes .
The fed is to eager to play that game lol

 

[NorthStar]

As of now the Dow is up ...
• https://www.forbes.com/sites/sergei...ails-coronavirus-stimulus-plans/#1729ec9655de

Stimulus number's big ... $850 billion.
Coronavirus number's climbing higher ...

What's to stimulate, the brain?

 

[RogerD]

Hey Fed.....no string left....watch the hole,it's very deep tomorrow.

 

[NorthStar]

Hey Fed.....no string left....watch the hole, it's very deep tomorrow.

 

[RogerD]

Deep doo doo !

 

[NorthStar]

And that's a conservative figure in my opinion. I'd say 33%

 

[Barry]

Who knows if the next market move is a dead cat bounce. I'll do the same thing now I did in 2008 - nothing.

 

[NorthStar]

The oil is not having a picnic ...

The S&P had three 9% swings; first time since 1929 ...

No bet: Short selling is banned in some European countries ...

$850 billion ... $1 trillion stimulus; to stimulate what, Corona?

Tomorrow? I might revisit Gone With The Wind ...

 

[andromedaaudio]

Roger did you notice the enourmous uptick in the 10 year bond yield ?

 

[NorthStar]

Movie theaters business / Domestic North America ... for yesterday ...


? I am amazed to see some movie theaters still open for business.
They should be all closed, without exception. They will, and they'll stay closed for weeks, months ...

 

[djsina2]

Deep doo doo ! View attachment 62851

You're not telling the full story. He said it could reach 20% IF the fed does nothing to help out financially.

 

[NorthStar]

Check the Rude Oil today ...
? https://www.marketwatch.com/investing/future/crude oil - electronic?mod=home-page

The Dow Jones (circuit breakers) closed below 20,000 ...
???? https://www.marketwatch.com/investing/index/djia



I can see oil hitting $10, and DJIA hitting 15,000
The S&P 500, below 2,000

Those guesses are from uncharted territories, for specification sake.

 

[NorthStar]

Asian Markets...
• https://money.cnn.com/data/world_markets/asia/

Dow Futures ...
• https://www.cnn.com/business/markets/premarkets

Overall Outlook ...
• https://www.investors.com/market-tr...la-fremont-open-watch-apple-microsoft-amazon/

Wall Street Billionaire ...
• https://www.marketwatch.com/story/guid/61cadbe8-6919-11ea-afe6-3b7f98d26610?siteid=

 

[Tango]

? I am amazed to see some movie theaters still open for business.
They should be all closed, without exception. They will, and they'll stay closed for weeks, months ...

Movie theatre stock is worst hit here. If you still see theaters remain open now, it is the sign that this shit situation will last longer there.

 

[NorthStar]

Movie theatre stock is worst hit here. If you still see theaters remain open now, it is the sign that this shit situation will last longer there.

Exactly Tang; the virus will spread larger. People are real slow to react intelligently here in North America ... even today. It doesn't help the movie studios coffins, but people's coffins, like people inside the coffins. Its not good for Hollywood's economic business, it's good for killing more people.

 

[RogerD]

You're not telling the full story. He said it could reach 20% IF the fed does nothing to help out financially.

Got news for him and anybody else....nothing will help. Where I live they have instituted a 30 day lock down. I had a appointment today to have my vehicle detailed....Sorry for the inconvenience but we are closed till April 17th ! Will the average Joe pay his bills?

 

[NorthStar]

I think this guy is taking too much credit ... for tanking the stock market ...
• https://www.forbes.com/sites/antoin...naire-interview-that-tanked-the-stock-market/