Soros whipping up a frenzy.
Soros whipping up a frenzy.
Japan and Hong Kong markets are all of a sudden trying to comeback too. Light Crude has also turned up.
I believe that a payroll tax abeyance was signed into law and some kind of stimulus situation went on. I do not know the details. Quite remarkable today was the enormous ramp in bond prices that immediately came off. Look at a chart of TLT intraday. Almost a 10-point movement, I believe the largest in history, and it immediately came off.
Probably reflecting whatever’s going on in the Asian stock markets which were tanking pretty hard too at their open. Possibly one of their banks has setup a stimulus.
If you don’t know anything about the futures markets, why do you follow them?
Oil futures up nearly 3% (after US airstrikes in Iraq to punish Iranian proxy militias).
What’s going on?
Anyone who tells you they know is lying.
See any dead cats?
Is this known as a dead cat bounce?
It did the same yesterday after lunch all the sudden rose 1000 then about 1/2 hour later back down to 2000 again.
Maybe George Sore-Ass got Coronavirus...?
“Dow Futures went from down 5% to up 3.25% in about 15 minutes. What’s going on?”
volatility ...
It depends on whether this is the start of a bear market. If it is, then there will be periods where the market moves up, followed by the downtrend reasserting itself.
Of course this will only be obvious in hindsight.
Right now, margin accounts are being blown up and forced to sell, a process which feeds on itself and can set in motion a vicious downward spiral. Three days after a big down day you’ll see that margin selling show up.
If you’re planning to put money into stocks I’d do it piecemeal. What you think is a bargain right now can get cheaper in a hurry, taking your money down with it.
The big factors right now are the disruption caused by the Covid virus, and the oil war between Saudi Arabia and Russia.
The Covid virus should lose steam in a few months. Unless we are extremely unlucky and there is following 2nd wave. The Saudi vs Russia oil war will last as long as those two are willing to take it.
People under the age of 40 just realized that his the chance of a lifetime to get into the equities market.
Paging George Soros.
What’s going on? There’s not enough of us dying...
We’ve got to find a way, to bring some killing here today - eugenicists
The circuit breakers are made in China and the Plunge Protection Team is on vacay.