Posted on 03/24/2020 6:14:01 PM PDT by mdittmar
U.S. stocks soared Tuesday, with the Dow Jones Industrial Average notching its biggest one-day point gain ever and its best percentage gain since 1933, a day after plumbing the lowest levels since 2016, amid growing optimism that Congress will come to an agreement on a fiscal stimulus package aimed at combatting the economic impact of the coronavirus epidemic.
How did benchmarks perform?
The Dow US:DJIA rose 2,112.98 points, or 11.37%, to close at 20,704.91, the S&P 500 index US:SPX advanced 209.93 points, 9.38%, to close at 2,447.33, and the Nasdaq Composite index US:COMP gained 557.18 points, or 8.12%, ending trading at 7,417.86.
(Excerpt) Read more at marketwatch.com ...
Good news...that’s a nice change.
NOT IF THE DEMONRATS CAN HELP IT.
Futures markets show that it might give back $150 or so
tomorrow at the start.
Hope that improves as the night goes by.
A pitched battle between Good and Evil being waged in the US stock market.
Unemployment report comes out Thursday...gonna be ugly.
The stock market is a woman. That’s all any investor needs to know.
Good news. Have family still in. It’ll be a while before we get back to 29. Hoping for 24 by Easter.
LOL!
Is the senate returning this evening?
It's my belief that if people REALLY was to work there IS work. Maybe it's not in their field, but it's food on the table.
Unemployment checks don't last forever. And you only get what you've put in to it.
“best percentage gain since 1933”
Dunno if I would use that. What went on after 1933? Like gold confiscation?
The stock market is not going to hold up. This is a sucker play to pull more money into the market to take it from people. The Democrats with their scare-mongering have damaged the economy so severely, there’s not going to be a quick recovery. Idiots.
Expecting test of 15,000 the week of April 6th...
After that, “to the moon Alice!!”
Yep, big day tomorrow. Need to have a string of a few days where it doesn’t completely crater again. Even a couple of days of no wild swings either way would be helpful.
Are you shorting the market?
Me thinks the scam is up,suckers are out,buyers coming back in.
Who takes the money when people lose in the “M”?
Agreed. IMO, use these rallies to buy long-term out-of-the-money puts on the Dow and cash them in on the downdrafts.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.