We're still up 1.5% and who knows what kind of rip we'll get today
But who knows, maybe somebody realizes that 10% of workers losing their jobs in 3 weeks spells doom for any recovery no matter how much money you pump.
Or we go to 2860.
The Feds are buying crude oil...
https://www.washingtonpost.com/business/2020/03/19/mnuchin-backs-big-oil-purchases-prop-up-companies-fill-strategic-reserve/
LOL
Everyone, keep an eye on oil...
Rumour is they're going to cut 20 mill (further congrats to B1 on his long from 20, sometimes it's better to be lucky than to be good :p ;) )
Edit: meanwhile NQ flat for the day
Expected: 5M
Reported: 6 M
Actual: probably higher because unemployment offices are overwhelmed and cannot process all requests...
Conclusion: we go UP!!!
:D
Edit: https://www.nasdaq.com/articles/are-we-seeing-a-fomo-rally-2020-04-06