adamantium bro, none of that brittle diamond shit
Is a "V" shape recovery a pipe dream post COVID?
- Thread starter Cuddles
- Start date
i plan on holding my puts which means if you want to make money then you should do the opposite of me, sell your puts and buy calls tomorrow.
i'm long overnight.....futures not going my way though
seems like futures havnt been the best predictor at all the past few weeks often trading opposite to what we see in equities the next morning. I honestly dont know but this just really seems like a bull trap to me. How could we have hit bottom when things are getting worse not better?
2400 is bottom of 2018 when market expected that recession might happen
with what is happening now 40% off from 2400 wouldn't be overshoot
although anything is possible with crazy money printing but with buybacks toxic and no earnings and half of stock market goes to zombie status it's gonna be difficult to sustain current levels
add here P/E compression if inflation happens and maybe 1000 S&P is generous
Longing overnight is not a bad play...IF THE SENATE CAN PASS THE DAMNED BILL AND TRUMP SIGNS IT. Man, those fools on the Hill need an enema. People are dying!
Consensus among the ones I trust here is that it's a dead cat bounce/bull trap that's good for 2 maybe 3 days. This 6 trillion package throws a wrench in things though. As far as I know it's all bullshit until Congress approves, and they're struggling w/the first 1.5 trillion. I honestly don't know how much of the promised money can be authorized by Mnuchin or Powell.
I've seen futures gap opposite of the close in the premarket more often than not the last few days
I'm holding for the bailout vote to dump (though may hold onto AMZN, WMT, and maybe DAL)....though dunno if there's any more upside to wait until Donnie signs it....I'm thinking no.
....stop your apocalyptic "forecasts"....you sound like a preacher!
Coronavirus: Wuhan lockdown to end in two weeks as China gets people back to work
- Outbreak’s initial epicentre set to lift draconian restrictions in force for over two months
- Hubei province to ease traffic controls on Wednesday for those with QR code showing they are healthy
....stop your apocalyptic "forecasts"....you sound like a preacher!
Coronavirus: Wuhan lockdown to end in two weeks as China gets people back to work
https://www.scmp.com/news/china/soc...lockdown-end-two-weeks-china-gets-people-back
- Outbreak’s initial epicentre set to lift draconian restrictions in force for over two months
- Hubei province to ease traffic controls on Wednesday for those with QR code showing they are healthy
What's your point? Flattening the curve has been covered extensively. We're at least 2 wks out from peaking in the States.