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[color=blue][i][b]Where have we been and where we are ….Wishing all a great week ahead 🙂
US T-BILLs are at all time LOW yields (danger sign) :Equities soar like it’s 1929 :woohoo:
And good ECON & EARNING reports — plus low inflation & dovish FED are helping sustain 😆
Spring time is on way to SW VIRGINIA & can’t wait to plant spring crops
Saw a fascinating bird fight between a HAWK & group of crows (or maybe that was “D” debate) 😉 :woohoo:
The herd is active & on the prowl — and like them we all should be cautious for developments ahead [/b][/i][/color][article]1965[/article]
[size=5][i][b]Ohhhhh the humanity FEEL THE BERN :woohoo: The BERN wins NEVADA prominently & now clear leader in delegates Still, I think it’s more his own party than the Ruskies trying to “interfere in 2020 elections” … Also he is like #45 as one can see keeping their promises, (like #45 has attempted) but I hope & pray our great nation does not give up on capitalism & founding principles.
A lot of youth like “anti-establishment” & even greater social programs
as he is “cool” in that genre[/b][/i][/size][img size=500 ]https://www.baltimoresun.com/resizer/BAE80J7lBLat4RP9AG-e7PwMevc=/800×450/top/arc-anglerfish-arc2-prod-tronc.s3.amazonaws.com/public/VIEW6ADINFBMDG2JWQKYMO4P6Q.jpg
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love your work as always TC and CI – great comics – yes not sure how a 78 year old millionaire socialists gets the hearts and minds of youth different when I was at university that’s for sure a socialist was a socialist damn it lol
[size=5][b]PPPPPPLLLLUUUNNNGGGGEEEE –
DOW FUTURES DOWN -750 & falling
This could be a rare 1,000 point down day
Also sharp sell off overseas as COVID-19 spreads outside China :woohoo:[color=red][size=5][b]So far 1,003 point sharp sell off on DOW … stocks are down around 3% broadly
and T-BILLs also plunge as 30YR hits record low YIELD … ITALY hit hard also due to COVID-19 outbreaks (-6%)US 3-MO U.S. 3 Month Treasury 1.548 -0.011 0.00
US 1-YR U.S. 1 Year Treasury 1.357 -0.083 0.00
US 2-YR U.S. 2 Year Treasury 1.248 -0.102 0.00
US 5-YR U.S. 5 Year Treasury 1.20 -0.116 0.00
US 10-YR U.S. 10 Year Treasury 1.359 -0.111 0.00
US 30-YR U.S. 30 Year Treasury 1.817 -0.10 0.00[/b][/size][/color]The Dow traded 1,003 points lower, or 3.4%. The S&P 500 slid 3.3% while the Nasdaq Composite traded 3.8% lower. The 30-stock Dow is also negative for 2020.
[color=red][size=6][b]Dow 27,961.08 -1,031.33 -3.56%
S&P 500 3,231.40 -106.35 -3.19%
Nasdaq 9,221.28 -355.31 -3.71%
Gold 1,661.40 12.60 0.76%
Oil 51.34 -2.04 -3.82% [/b][/size][/color]
[color=purple][size=4][i][b]Good TUESDAY morning to all … Stock futures are holding with DOW +100 points on open 🙂
Some of photos are scarier on Drudge’s site than I’ve seen in SCI-FI movies :ohmy:
hope + prayers that COVID-19 can be successfully quarantined :sick:
Hopefully a good rebound for stocks & t-bills today — after a major sell off yesterday —
Still lots of concern as airlines, cruise, travel, & some world-wide sectors are now shutdown :woohoo: [/b][/i][/size][/color]
[color=purple][i][b]HAPPY FAT TUESDAY & MARTI GRAS to all 8)
Last day to indulge before 40 days of lent for those of catholic faith 8)[/b][/i][/color]
https://www.mardigrasneworleans.com/when-is-mardi-gras/
[color=purple][b][size=5][i]Ohhhhhh how BAMBI & me love the 1st link below as it opens
with excellent NEW ORLEANS style version of WHEN SAINTS GO MARCHING IN — WOW[/i][/size] 8)[/b][/color][color=purple][i][b]Ohhhh the humanity on this FAT TUESDAY,
and maybe folks need to get “liquored up” a little if they plan to watch TV tonight – lol 😉 :woohoo:
to watch the “D” DEBATES held in South Carolina tonight (CBS – 8pm EST) 😳
hopefully VP Joe, will know what state he is in 😉 … and things won’t get too vicious :whistle:[/b][/i][/color]
https://www.cbsnews.com/news/democratic-debate-south-carolina-tonight-time-channel-stream-online-cbsn/
[color=red][i][b]PPPPLLLLUUUNNNGGGEEEEEE as Europe & USA markets fail to HOLD
DOW off about 300 points, and 10YR yield on T-BILLs went to new record low
unfortunately the GREAT CORRECTION continues as travel & even some trade sectors are now shutdown
and hopefully COVID-19 will be successfully contained in days ahead[/b][/i][/color][color=red][b]US 3-MO U.S. 3 Month Treasury 1.536 -0.005 0.00
US 1-YR U.S. 1 Year Treasury 1.339 -0.026 0.00
US 2-YR U.S. 2 Year Treasury 1.198 -0.068 0.00
US 5-YR U.S. 5 Year Treasury 1.151 -0.067 0.00
US 10-YR U.S. 10 Year Treasury 1.325 -0.052 0.00
US 30-YR U.S. 30 Year Treasury 1.80 -0.036 0.00[/b][/color][size=5]WALL ST correction continues & hope for containment
even with 2% fatality rate — this brand of virus is DEFCON 4 is it will hit weak hard
so hope it can be contained — as it is creating fear in market place :ohmy:
back in my youth – I thought song below was “AINT NO CURE FOR SUMMERTIME FLU :sick: ”
due to static AM RADIO signals (lol) & in 2020 is that ever prophetic :woohoo: [/b][/i][/color][/size][color=red][size=5][b]Dow 27,081.36 -879.44 -3.15%
S&P 500 3,130.31 -95.58 -2.96%
Nasdaq 8,965.61 -255.67 -2.77%
Gold 1,631.40 -45.20 -2.70%
Oil 49.78 -1.65 -3.21% [/b][/size][/color]Another Wild Night ….
S&P 500 futures pretty much flat on the day now BUT
We are seeing a potential turnaround in the market after another extension of the risk rout earlier? Or will there be more selling later in the day once Wall Street steps in?
After sharp moves in the market, there is always the scope for a pullback. So perhaps this is it, but perhaps we could see a deeper pullback as well later in the session.
Any major fears of the virus hitting the US (now the key focus in the outbreak) are the focus
[b]
Global Times’ editor, Hu Xijin, has already begun to put a spin to that story here:[/b]“I think now the US is the country with potential large uncertainties. Many doubt that the US has only 57 cases of coronavirus. It can’t be ruled out there is problem with the diagnosis. COVID-19 is probably the biggest variable to the US economy and US presidential election.”
Coronavirus headlines continue to evolve more rapidly, expect that to weigh on risk and any pullback will likely be short-lived with fear and hysteria still riding high now
Oil continues to keep losses under $50 now.
[quote=”ThePitBoss” post=12930]Another Wild Night ….
S&P 500 futures pretty much flat on the day now BUT
We are seeing a potential turnaround in the market after another extension of the risk rout earlier? Or will there be more selling later in the day once Wall Street steps in?
After sharp moves in the market, there is always the scope for a pullback. So perhaps this is it, but perhaps we could see a deeper pullback as well later in the session.
Any major fears of the virus hitting the US (now the key focus in the outbreak) are the focus
[b]
Global Times’ editor, Hu Xijin, has already begun to put a spin to that story here:[/b]“I think now the US is the country with potential large uncertainties. Many doubt that the US has only 57 cases of coronavirus. It can’t be ruled out there is problem with the diagnosis. COVID-19 is probably the biggest variable to the US economy and US presidential election.”
Coronavirus headlines continue to evolve more rapidly, expect that to weigh on risk and any pullback will likely be short-lived with fear and hysteria still riding high now
Oil continues to keep losses under $50 now.[/quote]
The ignorance is amazing – so lets blame America now
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