Posted on 04/07/2020 11:01:26 AM PDT by oh8eleven
Is the U.S. stock market building a V-shaped recovery? History suggests investors shouldn’t count on it just yet, analysts said.
Stocks were putting in an impressive rally this week, with gains tied to signs the COVID-19 pandemic may be peaking in Europe and, perhaps, in New York City, the new center of the outbreak.
While investors have little comparable experience in dealing with the effects of a deadly disease outbreak, the stock market’s moves remain in keeping with past bear market rallies, meaning a retest of the March 23 lows remains an easily imaginable possibility, analysts said.
(Excerpt) Read more at marketwatch.com ...
There is a chance that we might know on Thursday.
> a retest of the March 23 lows remains an easily imaginable possibility <
I really missed the boat here. I should have become a stock market analyst. But maybe it’s not too late: The market might go up. But then again, it could go down or possibly just move sideways.
That was actually pretty easy.
These so-called analysts never cease to amaze me. By historical definition, a Bull Market ends when the market closes down 20% from its high. By the same definition, a Bear Market ends when the market closes up 20% from its low.
At this point, we are already in a new Bull Market. The only question will be, “How long does it run?”
The only thing making this different than past comebacks from huge selloffs is the reason for the selloff to begin with which was non financial.
Once the reason for the selloff is removed the markets should comeback steadily as the Nation/World returns to work.
We shall see.
the economy hit the iceberg.....this is the part in the movie right afterwards where people are out on deck playing with the ice and snow .........
You’re as good as anyone I have seen on this.
The dow will definitely go up, but not because it’s value changed. Rather, the virus stimulus is ridiculously inflationary. The dollars will be worth so little that the dow will HAVE to go up - because the dollars are worth so little.
For those who might get back to financial market health, (paraphrasing) “If it’s not in your hands and you cannot defend it with a weapon, you don’t own it.” - Ann Barnhardt
As I type this, a 30x50 garage/shop is being built right here next to my house. The price will seem cheap in a year.
The Big Money knows this is almost over - they are laying their money down
Hmm...so the market could go down. Or it could go up. Or it could go up and down. Or down and up. I think I’m getting the hang of this.
Yes, but you didn’t give us the address for where to send our life savings so you could professionally manage them.
2.5 trillion dollars in free money, including a levered fund to buy 4 trillion in assets........
is positive for asset prices.
The analysts aren’t working for you to make profit off their predictions. Their job is to confuse regular traders for the big money to feed on small fish.
I really missed the boat here. I should have become a stock market analyst. But maybe it’s not too late: The market might go up. But then again, it could go down or possibly just move sideways.
That was actually pretty easy.
Climate change works the same way
Its just like climate scientists, if temps goes up, they predicted it, if temps go down, they predicted it. Its a win/win situation for them
“The market will likely remain vulnerable “to anything that doesn’t feed the conversation of things continually improving,”
Isn’t that always the case?
Good news on the virus front will continue. There are many seeds that have been planted that will be bearing fruit soon.
The bad news will come in the next quarterly earning reports. How quickly people are allowed to go back to work will determine how fast the market recovers.
Anybody that claims to know anything about the market’s direction is a liar. Always. Even if they are right.
I don’t see how it could go up, considering the amount of people NOT working.
I’d say some movement are very predictable. The point is to lose less on bad trades and to earn more on good trades.
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