Skip to comments.Stock futures down -513 so far this morning
Posted on 04/15/2020 5:40:16 AM PDT by MeneMeneTekelUpharsin
Dow futures down over 500 this morning. Lots of pre-market trades dumping stocks.
I wonder why. The massive spike in reported COVID-19 deaths yesterday?
Time to buy cheap.
Nope, not yet. It has a long ways to go. The financial stab to the economy has been done (Democrats and the media). It will take a while to stop the bleeding.
When we start opening up, the economy is probably going to rebound either much faster, or much slower, than people think. Or not.
Wish I knew which!
That pretty much covers it. One of those. LOL
Enjoy the ride because what else ya gonna do?
Causes: hedge fund mgrs; Soros; rumors of quarterly earnings dropping at banks, others, and general fear.
You are wasting your talent here. Wall Street is missing a great analyst:)
Big companies with good balance sheets are your friend. Utilities, insurance companies, some of the bigger banks - they’ll be around when others are gone.
Who said you can’t get a haircut now-a-days?
Yesterday's spike cause a few pundits to remark "We are now officially out of the Bear Market."
Yeah, right, I thought.
You can thank Bolshevik Bill and Il dumbo of N.Y.!
Market now contemplating the state of the real economy? Instead of Federal Reserve pumping?
Only peoppe making money in this economy are alcohol sellers, drug dealers, and porn/whore services.
Nearly 17-million unemployed in 3 weeks. Millions more in the next 3 weeks Id bet. People with no jobs dont buy anything. Companies sell fewer products, need fewer products from suppliers. Suppliers cut back, layoff more people. Close. People with no jobs dont/cant pay their bills. Businesses that dont get paid cant pay their bills, loans, rent. Banks fail. Governments will print incredible amounts of money. Which will become worthless. This is the onset of a depression.
The DEATHS were old and just “added” to the COVID Total.
Apparently, if someone gets hit by a truck at 60MPH and is suspected to have COVID it is listed as COD.
Market still trying to find a bottom
The Liquidity Trap is a “Bad News” state to be in
The only Long Term answer is devaluation of all worth
Prepare for a bumpy ride
They found some bodies tied to cement blocks off a pier on the East River. Damn you Wuhan Virus!
Yeah, kinda figured that was coming. :(
Time to buy cheap was three weeks ago before the Dow regained over 5000 points. Im sure Soros and his ilk are making billions.
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