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Dow soars nearly 2,000 points in post-meltdown rally
CNBC ^ | 03/13/2020 | Fred Imbert, Yun Li and Eustance Huang

Posted on 03/13/2020 1:35:12 PM PDT by Kid Shelleen

Stocks ended sharply higher after a volatile session Friday as Wall Street rebounded from the deep losses suffered in the previous session, the worst since the Black Monday market crash in 1987.

The Dow Jones Industrial Average closed up 1,985 points, or 9.3%. The S&P 500 and Nasdaq also surged 9.3%. The averages posted their biggest one-day gains since October 2008.

(Excerpt) Read more at msn.com ...


TOPICS: Breaking News; Business/Economy; News/Current Events; Politics/Elections
KEYWORDS: chinavirusus; coronavirus; covid19stockmarket; dowjones; nasdaq; stockmarket; stocks; theskyisntfalling; trump; trumpchinavirusus; trumpnatlemergency; trumppresser; trumpspeech
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1 posted on 03/13/2020 1:35:12 PM PDT by Kid Shelleen
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To: Kid Shelleen

Dow futures soared 5% Friday and triggered ‘limit up’ trading rules—here’s how that works

https://www.marketwatch.com/story/dow-futures-soared-5-friday-and-triggered-limit-up-trading-rulesheres-how-that-works-2020-03-13


2 posted on 03/13/2020 1:36:36 PM PDT by RummyChick
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To: Kid Shelleen

Good I started last week with 43K as of yesterday it was 36K.


3 posted on 03/13/2020 1:38:31 PM PDT by mware (RETIRED)
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To: Kid Shelleen

Prices were high. People sold. Now prices are lower. People are buying.


4 posted on 03/13/2020 1:40:44 PM PDT by Tax-chick (You're only one book away from a very good mood. (Washington County, UT, Library)
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To: Kid Shelleen

After the robo-traders wrecked the market, human investors have come in and found fantastic values - unless you believe the world is really ending.


5 posted on 03/13/2020 1:40:58 PM PDT by proxy_user
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To: Kid Shelleen

Dems are crying in the streets.


6 posted on 03/13/2020 1:41:15 PM PDT by Sacajaweau
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To: Kid Shelleen

The broader S&P 500 was up 9.29%, Russell 2000 up 7.77%, Nasdaq up 9.35%. Lots of money being made with this volatility.


7 posted on 03/13/2020 1:41:22 PM PDT by ConservativeInPA
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To: mware

Even though this is zero hedge....there are some interesting charts

https://www.zerohedge.com/markets/feds-massive-quarantative-easing-fails-stocks-bonds-gold-liquidity-all-crushe


8 posted on 03/13/2020 1:42:36 PM PDT by RummyChick
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To: Kid Shelleen

Toilet paper futures are up 1000 percent.


9 posted on 03/13/2020 1:42:40 PM PDT by McGruff
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To: RummyChick

btw, gold got hammered


10 posted on 03/13/2020 1:43:15 PM PDT by RummyChick
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To: Kid Shelleen

So where’s all the stories CREDITING Trump for this?

I mean when it goes down they all blame him personally for it.

Where’s the credit for him for this?

/s


11 posted on 03/13/2020 1:43:18 PM PDT by Secret Agent Man (Gone Galt; Not Averse to Going Bronson.)
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To: Kid Shelleen

It soared after Trump started speaking...


12 posted on 03/13/2020 1:43:31 PM PDT by frogjerk (We are conservatives. Not libertarians, not "fiscal conservatives", not moderates)
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To: Tax-chick

1200 of the points were after Trump declared a state of emergency.

I had some fund coming to me next week.

I liked the prices of stocks at the beginning of the day :)

The market should be taken day by day at this point in time I think.

But some stocks have really been hit.


13 posted on 03/13/2020 1:44:00 PM PDT by dp0622 (Radicals, racists Don't point fingers at me I'm a small town white boy Just tryin to make ends meet)
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To: Kid Shelleen

It’s become a Joke


14 posted on 03/13/2020 1:44:03 PM PDT by butlerweave
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To: McGruff
Toilet paper futures are up 1000 percent.

One of my boys suggested bidet futures to get ahead of that curve.

15 posted on 03/13/2020 1:44:10 PM PDT by Pearls Before Swine
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To: RummyChick

Bolsonaro tested negative for virus announced and market goes wild.


16 posted on 03/13/2020 1:45:34 PM PDT by cnsmom
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To: RummyChick
btw, gold got hammered

So did Bitcoin.

17 posted on 03/13/2020 1:47:17 PM PDT by Yo-Yo ( is the /sarc tag really necessary?)
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To: Kid Shelleen

Best market for trading EVA!
Don 2000 couple of days ago, up 2000 today.
Easy money.


18 posted on 03/13/2020 1:47:39 PM PDT by SmokingJoe
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To: cnsmom

Who announced he tested negative. Has it been anyone but his son? Has the President of Brazil done any interviews or addresses to the public?

I trust his son about has much as I trust the CDC


19 posted on 03/13/2020 1:48:03 PM PDT by RummyChick
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To: proxy_user
After the robo-traders wrecked the market, human investors have come in and found fantastic values - unless you believe the world is really ending.

Relief rally. Keep your powder dry.

20 posted on 03/13/2020 1:48:31 PM PDT by aMorePerfectUnion
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