Link
Posted on 04/11/2020 1:49:03 PM PDT by ransomnote
Stock pundits have been calling the current market situation a “bear market”, because it fits the technical definition: 20% decline after a run-up. Given this classification, they say that what must happen is a double bottom. Though the numbers may go up, as they did last week, they must go down again — according to the pundits. Most suggest stocks need to “test” the previous lows, which would mean a decline of 12.7% or more.
The Dow Jones Industrial Average tried today to have a decline, starting with the futures last night and continuing through the day. The best (or worst) the bears could manage, however, was a 2.5% decline (at 11:10 am), and the DJIA ended the day just 1.4% down. This is partly because energy stocks were strong (after Trump arranged an agreement between Russia and Saudi Arabia — no mean feat), but it was mainly because not enough people wanted to sell.
In aftermarket trading the DJIA has edged up 0.6%, cutting the extended day’s losses to 0.8%. I think the market has fully digested both coronavirus and the needed correction after the first Trump bull market. In my opinion, it’s all up from here. The market thinks that coronavirus is much worse than it really is. Once they discover their error, the market will jump. Companies have had a once-in-a-decade excuse to unload sub-standard employees, so they will be running much more efficiently once operations start up again. People and companies are itching to get back to work and Trump — through tax cuts and major infrastructure spending — is going to make it very easy for them.
Of course, YMMV.
Mark
Prayers... Won't it be great when we get universal health care here?! So many peasants eliminated (Bring out your dead)... AND Pope Francipants is pushing for universal basic income - universal slavery prohibiting any more new millionaires (even multi-hundred thousandaires) forever.
Brave New World (for the global elites.) {Oh, sure. I want Bill Gates new vaccine(s). Color me Soylent Green.}
CSPAN has been carrying the updates daily all the way through, and they say at the end, that you can watch it on-line.
NEW Q POST
APRIL 13, 2020
START AT #1040
Good you’er finally out of the cooler. Not everyone can do the time.
Hannity wearing Q punisher pin!
Pain is coming!!!
nite
NEW Q!
3953
Apr 13, 2020 10:54:35 PM EDT
Q !!Hs1Jq13jV6 ID: e204cd No. 8785100
[Punisher Skull picture]
D4_NNuzX4AAJjxS.jpg
https://twitter.com/M_RevereUSA/status/1249892660795650054
Q
I just clicked in in the middle of the interview, but from what little I’ve heard so far, Austin sounds like a nervous, scared adolescent, not the cocky know it all that he was pre-arrest. I hope Matt Couch isn’t falling for his scam.
Ask him/her why most of the world's billionaires - George S0r0s, Bill Gates, the owners of the big media companies, Wall Street, Tom Steyer - contribute heavily to the Dem Party. The Koch Brothers are about the only ones contributing to the Repubs and they are under vicious attack by the media owners... Ask them to explain that.
You might also mention that it was Prez Andrew Jackson that started the idea that the Dem Party was the party of the little guy - about 200 years ago! (He was for the rich and helped them by trying to eliminate Native Americans and take their lands and resources.) Does your boss really think today's Dem Party is the party of Jackson? Does your boss understand that the first Republican president was Abraham Lincoln who set out to free the slaves - none of whom were millionaires!
Q has been posting throughout the interview. A listener just asked him if he’s aware that Q just posted. His answer was that he doesn’t control the posting. Q+ does. When is this idiot gonna stop digging and just come clean?
“Mnuchin The Magnificent”!
Re: Hillsdale - thanks!
Asking about the arrest now.
Easier on the eyes html code is
<img src="https://qalerts.app/media/1875d90a0bb87ac354a218c8b6bb31bb30dd22515350f89d52775e26185ede55.jpg", width="500">
Jigger with width="" to get the size you want, don't worry about height, aspect ratio will be preserved.
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