Posted on 03/24/2020 1:46:24 PM PDT by Red Badger
That’s too bad.....we have done over 80 and it’s the BEST way to travel Especially if you come down with something since there’s dr.s and nurses on board! Plus, they treat you like royalty.
Advances in technology will fuel the market by increasing productivity of the workforce. It effects most sectors. I think.
maybe get a dead cat bounce right now, then back to declines?
>>>Wonder if it’s mainly due to stimulus hopes or the fact that Trump is strongly signaling that he wants to see lockdown mode ended sooner rather than later
“Norwegian Cruise Line saw the largest jump, gaining 42%. Royal Caribbean and Carnival Corporation rose 22% and 14%, respectively. When it comes to the airlines American was the outperformer, rising 35.8%. United Airlines gained 25%, while Delta Air Lines jumped 21%.”
That would seem to indicate a the jump was a result of stimulus/bailout expectations rather than a return to normalcy.
I had a teacher named Linda Tripp. I was her nemesis. 8>)
The phenomenon is called “squeezing the shorts”
Up, up and away!
we might even have a temporary rally, but I expect that the market will head back down when the true damage to the economy comes in. We had a huge asset bubble that just got popped, and it’s going to be tough to reinflate it.
both
Well, you call them bottom feeders, but they do clean up the shit. They buy and sell in an environment of risk that will make your hair curl, but they provide an essential function
to the mnarket
It cant possibly be the bottom. there are 2 months of horrible numbers coming, and the rest of the world is way worse off than us. it not like we cured the virus or anything yet.
It’s just liquidity to allow the market to crash instead of freeze. We can come back from a crash a lot easier than a freeze.
I think its early for the bottom, too. As you say, there’s plenty of bad data to be complied and published. OTOH, the market looks ahead, they say.
They do look ahead and it looks like crap for the next few months.
+10% is just recovering -6% of the drop.
dDay by Day daily #s are kr@p.
Might keep us out of an actual depressions - so it really is a big deal....wipe the drool from your chin, son.
Last time I did that I got slapped.....................
True, every ecosystem has to have its scavengers...............
Dow’s up 480 so far today...
Probably won’t be that easy but we ARE up 480 so far today...
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