Market Weekly: January 27 – February 2 2020

Viewing 15 posts - 1 through 15 (of 19 total)
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  • #22948

    [color=purple][i][b]Where have we been and where are we … Wishing all a good week ahead 8)
    The coronavirus, impeachment, Kobe Bryant + others perishing are key headlines to start week :pinch:
    And thus the virus outbreak & impact on 2nd leading economy in world has WALL STREET on edge 😳
    Bolton’s new book also alleges Ukrainian aid for corruption investigations, but may be to get revenge? :whistle:
    Sharp 1-2% sell off on the way possibly with DOW FUTURES DOWN -467 :woohoo:
    Hopefully we’ll stabilize in near future … the Chinese year of the RAT has indeed arrived :ohmy:[/b][/i][/color]

    [article]1938[/article]

    #22949
    Truman
    Participant

    [color=red][size=5][b]China confirms 2744 cases of #coronavirus, up 769 since yesterday
    China death toll rises to at least 80 from 56 from the virus[/b][/size][/color]

    Jan 17: 41
    Jan 19: 62
    Jan 20: 201
    Jan 21: 291
    Jan 22: 440
    Jan 24: 830
    Jan 25: 1,287
    Jan 26: 1,975
    Jan 27: 2,744

    Latest confirmed numbers outside of China:

    Thailand: 7
    Japan: 3
    South Korea: 3
    US: 3
    Vietnam: 2
    Singapore:4
    Malaysia:3
    Nepal:1
    France: 3
    Australia: 4

    #22950
    Truman
    Participant

    The significance of Wuhan

    So important as one of largest hubs for China high speed train network.
    Several lines meet and transfer. 4-5 hours from Guangzhou and 4-5 from Bejing

    #22954

    Hopefully this new virus will be quickly contained in days ahead
    [color=red][size=5][b]Dow 28,535.80 -453.93 -1.57%
    S&P 500 3,243.63 -51.84 -1.57%
    Nasdaq 9,139.31 -175.60 -1.89%
    Gold 1,581.80 9.90 0.63%
    Oil 52.77 -1.42 -2.62% [/b][/size][/color]

    #22957

    [color=purple][i][b]GOOD TUE MORNING to all 🙂 … Futures are up (DOWF = +60) 🙂
    and maybe WALL STREET pit traders are putting out a little sweet feed for the BULLS :whistle:
    VIX has spiked as seen in link below … a traders paradise to day trade 😆
    but long-term investors who don’t lock in have to re-earn everything again 😳
    Jim Cramer CNBC noted to not panic – but not to buy DIP yet — we all need to be “cautious” 8)[/b][/i][/color]

    Keep EYE on VIX — as virus has been a game changer & it has SPIKED :woohoo:
    http://www.cboe.com/vix/

    #22959
    TradersCom
    Keymaster

    US durable goods orders for December 2.4% v 0.4% estimate

    Prior revised to -3.1 from -2.1 previous

    ex transportation -0.1 versus 0.3% estimate.
    Prior month revised -0.4% from -0.1% previously reported

    capital goods orders non-defense ex air -0.9% versus 0.2% estimate.
    Prior +0.1% versus 0.2%

    capital goods shipments non-defense ex air -0.4% versus 0.2% estimate.
    Prior month is unrevised at -0.3%

    #22962

    [color=green][size=5][b]Dow 28,722.85 187.05 0.66%
    S&P 500 3,278.19 34.56 1.07%
    Nasdaq 9,269.68 130.37 1.43%
    Gold 1,567.90 -9.50 -0.60%
    Oil 53.59 0.45 0.85% [/b][/size][/color]

    #22963

    7.7 EARTHQUAKE (near Cuba) :woohoo:

    #22967
    Super Harley
    Participant

    [color=red][b]Senate majority leader McConnell Says GOP Doesn’t Have Votes to Block #Impeachment Witnesses in private Republican meeting via @WSJ
    [/b][/color]
    WASHINGTON—Republican leaders said they don’t currently have enough votes to block witnesses in President Trump’s Senate impeachment trial, after his legal team concluded its efforts to counter Democrats’ charges that the president abused power and obstructed Congress.

    #22979

    [color=green][size=5][b]Dow 28,734.45 11.60 0.04%
    S&P 500 3,275.40 -0.84 -0.03%
    Nasdaq 9,275.16 5.48 0.06%
    Gold 1,576.00 6.20 0.39%
    Oil 53.15 -0.33 -0.62%[/b][/size][/color]

    #22980

    [color=purple][i][b]and a good THU morning to all 8)
    DOW FUTURES swing to -230 :ohmy:

    The new virus in China has a tiny bit of good news — but also some bad developments 😳
    Good News = less deadly than SARS (mainly impacts unhealthy most severely with pre-existing problems like COPD
    Bad News = more CONTAGIOUS than SARS) & that it is much above average in symptoms :sick:
    and impeachment trials continue & highly liberal changes are coming to Virginia (as new eastern California)
    (which used to be one of most conservative states — still Bambi & I are declaring “sanctuary” & we’ll make it fine 🙂

    This next song is dedicated to today’s great witchhunt ahead :woohoo:[/b][/i][/color]

    #22981

    LET IT SNOW in SW VIRGINIA …1-2″ dusting 8) 8) 8)

    #22987

    [color=green][size=5][b]Dow 28,859.44 124.99 0.43%
    S&P 500 3,283.60 10.20 0.31%
    Nasdaq 9,298.93 23.77 0.26%
    Gold 1,575.40 5.00 0.32%
    Oil 52.82 -0.51 -0.96% [/b][/size][/color]

    #22992

    [color=purple][size=5][i]Good FRIDAY morning to all … DOW futures off about -150
    As concluding lyrics from one of greatest American bands is theme of day[/i][/size][/color]

    CAN I GET A WITNESS 😉 :woohoo: :woohoo: :woohoo: :woohoo: :woohoo: :woohoo: :woohoo:

    #22994

    -470 on Dow ….. TIMBER :woohoo: :woohoo: :woohoo: :woohoo: :woohoo:

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