Posted on 03/09/2020 5:53:24 PM PDT by willk
Stock prices briefly dropped during premarket trading Monday evening. The after-hours dip followed a massive sell-off Monday prompted by coronavirus fears and an oil price war, which raised questions about whether a recession could be imminent.
However, stock prices began to recover and entered positive territory after President Donald Trump discussed some possible recovery mechanisms at a White House briefing Monday evening.
(Excerpt) Read more at cnn.com ...
Stock shorters on here are going to be really pissed
The cornyvirus isn’t as bad as they all were hoping
Shorts are going to get burned!
Time to buy
Lame Stream Media has a sad...
Who knows what is going to happen with the markets tomorrow or the next day. But I certainly appreciate the effort to post good news. It’s a refreshing change.
Tucker doing his best to override Presidents Trumps best efforts, imo
Tucker continues to raise panic levels
Good!! I think the market freaked out about Saudi Arabia and Russia fighting over oil..they chose the weekend to go into their lil fight fest..coronavirus might have had a small part in it but I think the overall freefall was about the oil
Within a couple of months we’ll see what a real recovery looks like. Not a fake one like the 0bamabots say happened during 0bola’s reign.
I like Tucker but Good God what the heck was that nonsense he was spewing. My Mom was watching that(She is 70) she came into my room after watching that and said “We are all gonna die” so thanks Tucker thanks for nothing
President Trump hit the right notes. The Government will be there to help the American workers if they get affected by the Virus outbreaks.
Payroll tax cut
Protect hourly wage earners who may have to miss work
Help for Small Business
Prince MBS hasn’t completed his little Royal Family Feud Coup yet. When it’s done, prices will settle back up.
Over all the lower oil prices ought to be good news. Not for the big overpriced oil companies but who cares about them?
People will have a little extra cash to spend now.
Well, she does have a point. It seems pretty inevitable to me and I've accepted it.
Dow futures up 575 pts., S&P up 65. A good start.
Unexpected.. /s
Crude Oil up 5.5%
And I left the room telling my husband I was not going to listen to Tucker undermine our President!
I dont blame your Mom.......Tucker was yelling FIRE!
It was down somewhat at the open. When I looked it was about down 17 points.
Next time I looked.
It was up about 35.
Pretty sure it was after this former GS hedge fund guys post. Not saying it went up because of that post.
I am saying..he has ears to the ground...and he called this big drop. I went flat on everything ..partly because of this guy but other reasons as well. Glad I did it. STILL FLAT for those idiots who keep claiming I am short.
“Today was the biggest daily stock market drop since 12/1/2008 where S&P dropped 8.9% during 2008 great recession. What happened next 1 day later S&P popped 4% and 1 week later S&P was up a whopping 11.5% and that was in a lot worse economy than today.
A big pop could be coming”
See, He is on it. Going to put some much needed liquidity in the market via various mechanisms. Hopefully, we’ll get a bump, but probably not a good idea to expect it to last. No being a gloomer as I think the overall economy is fine... here. China though, is a big big problem and we have a lot of exposure there. Ripple effects will take some time to sort out.
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