SP500 back to $3300 by end of month

[Sprout]

Yeah, fear and hysteria is gonna be worse than the actual virus

https://twitter.com/x/status/1239014292273455107

 

[Nobert]

EVERYONE NOW THINKS THEY'RE ENTITLED TO GOVERNMENT BAILOUT.

Go figure.

Sure, that's exact reason why Warren with Charlie owns 3 largest banks.

The transferee is what is important for even transfer of skill to be true, IMO.
Take a look at the turtles, where are they (the students) now? There were initially 20 students.

Mind sharing a quick tip on what happened to the rest ?

 

[trend2009]

we will not see 3400 in next 5-10 years if you look at the bigger chart. the momentum of market going down is so strong, indicates we have high chance that market will move below 2000.

 

[volente_00]

During the 1918 flu pandemic when 50 million people died the Dow fell 30%. Thats 2376 SPX if you want to extrapolate to today’s market

 

[volente_00]

SPX will see 2870-2930


Unless bears shut it down here then we will see 3100 and 3340 this year


If we fail at 2870-2930 and then break 2350 this opens up a 1450-1500 touch

 

[Sprout]

During the 1918 flu pandemic when 50 million people died the Dow fell 30%. Thats 2376 SPX if you want to extrapolate to today’s market

The world is much more inter-connected now. Critical medical supplies used on crash carts are mostly outsourced and supplied by China.

Whole industries are gonna change. Air travel, tourism, large sporting events, might be so 20th century. Social distancing will have many unforeseeable repercussions.

This is probably the event that stimulates a Balkanization of nation states, the extreme would the collapse of nation states in that with CB monetary policy and debasement of national currencies the trust in state institutions fails.



Certainly interesting and exciting times !

 

[S2007S]

News out of Nike closing their stores and apple as well will send futures down tonight!!

 

[murray t turtle]

Most overvalued in history based on what? Valuations were very rich, but if you look at a basket of them, the market was more overvalued before the tech bubble. Here's one of the clearest examples.
https://www.multpl.com/shiller-pe

%%
DOW /PEs were @ a 5 year low IBD data]; but they tend to go lower, despite WSJ promoting ………………………………………………………………………………………………………………………………….Oil stocks seem to be still real weak. Looked like a good week to buy tech ETFs

 

[MKTrader]

During the 1918 flu pandemic when 50 million people died the Dow fell 30%. Thats 2376 SPX if you want to extrapolate to today’s market

And we need like 49,994,000 more people to die from the virus.

 

[MKTrader]

News out of Nike closing their stores and apple as well will send futures down tonight!!

Or not!!! This kind of stuff has been priced in during the last few weeks.