I like green on horizon,
Highs of the day.
Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
Dow jumps 300 points as states begin discussing reopening economy
PUBLISHED SUN, APR 26 20206:01 PM EDTUPDATED 19 MIN AGO
https://www.cnbc.com/2020/04/26/stock-market-futures-open-to-close-news.html
Wow so all the news has to be is that the economy is going to open up and we can add 1-2% per day. .the next thing after the economy opens up it will be about the weekly unemployment numbers coming back down. If the market was able to literally rally every single time the economy lost more millions of jobs, when the next report shows that 897,000 or 1.7 million came back to work, forget it. Stocks will gain an easy 3-5% a week!!! Should be back at new historical highs by mid May, late May the absolute latest. The markets could easily be up 25-40% this year once the economy is back up and running and the fed is printing day in and day out.
PUBLISHED SUN, APR 26 20206:01 PM EDTUPDATED 19 MIN AGO
https://www.cnbc.com/2020/04/26/stock-market-futures-open-to-close-news.html
Wow so all the news has to be is that the economy is going to open up and we can add 1-2% per day. .the next thing after the economy opens up it will be about the weekly unemployment numbers coming back down. If the market was able to literally rally every single time the economy lost more millions of jobs, when the next report shows that 897,000 or 1.7 million came back to work, forget it. Stocks will gain an easy 3-5% a week!!! Should be back at new historical highs by mid May, late May the absolute latest. The markets could easily be up 25-40% this year once the economy is back up and running and the fed is printing day in and day out.
Jeffrey Gundlach is shorting the market, says a retest of the low ‘very plausible’
PUBLISHED MON, APR 27 202012:49 PM EDTUPDATED MOMENTS AGO
https://www.cnbc.com/2020/04/27/jef...ble-market-underestimating-social-unease.html
PUBLISHED MON, APR 27 202012:49 PM EDTUPDATED MOMENTS AGO
https://www.cnbc.com/2020/04/27/jef...ble-market-underestimating-social-unease.html
It is too optimistic point of view. Today markets up because we are trying to avoid the worse.
25% unemployment and Depression. So good news is we may not have very bad news.
Next, big techs will report this week. Depends of that we may have green or doesn’t.
P.s. If DOW holds 24k for this week will be good signal.
Yep, yep and what guidelines they will provide especially.
Buying retailers, cruises, bitten 80%.
Markets still in "musical chairs" mode, just like it is the majority of the time. Remember last week you commented on how weak the Russell was. A day later, it's the leading index. Then on another day it will be weakest, while tech is strongest. Seen this pattern too many times.