Mark this... Market will go to all time high by the end April

guru said:
It's not like the market was going down every day and only recovered yesterday.
The curve sometimes begins to flatten, other times is going up again, while more virus waves are also expected.
And even full virus defeat won't make near-bankrupt and debt-loaded companies suddenly profitable again, bring jobs, and pay people's rent. Just trying to figure out whether Fed/QE really can continue propelling markets, and how.
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I was specifically referring to Italy. This shows that it can be contained in new areas.

Btw, my temperature has gone up from 98.6 to 99.4 since 3:30pm. That's 4.5 hours. I've been getting chills and a general feeling of being sick.
I've had a lingering cough since March 9th.
 
farmerjohn1324 said:
I was specifically referring to Italy. This shows that it can be contained in new areas.

Btw, my temperature has gone up from 98.6 to 99.4 since 3:30pm. That's 4.5 hours. I've been getting chills and a general feeling of being sick.
I've had a lingering cough since March 9th.
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Where will FJ be by tomorrow? 100? Below 99?
 
JesseJamesFinn1 said:
Hopefully safe, I enjoy reading your trading adventures. Have you noticed if real estate is slipping since your in to spec-homes? A friend who owns a good size truss company had lots of orders evaporate, that's in So California.
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If so, I believe it would be temporary.
 
guru said:
Does anyone understand why or how the market is still going up at all?
Ok, Fed is buying bonds, but corp buybacks are over so who may be buying stocks, or how does the Fed QE convert to stocks going up? Or do retail traders still wield much power, etc?
And I’m pretty sure it’s not just Cramer that is confused by this:
https://www.cnbc.com/2020/04/08/cra...pper-confused-by-the-market-recent-rally.html
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This event was an externality--a black swan whose effects may not last as long as people (especially doomsayers) think. The market is always looking forward...and not just at a couple of bad quarters.

Also, if the market were easy to "understand," we'd all be billionaires.
 
JesseJamesFinn1 said:
Hopefully safe, I enjoy reading your trading adventures. Have you noticed if real estate is slipping since your in to spec-homes? A friend who owns a good size truss company had lots of orders evaporate, that's in So California.
More...

Check this out. The CLV20 is actually higher. I bought at average of 33.3. They put 34.01 because they're using an offset from a previous purchase.
 

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