Market Weekly: March 14 – 20 2020

Viewing 13 posts - 16 through 28 (of 28 total)
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  • #23243

    [b][i]Good WED morning to all …. Stock FUTURES locked LIMIT DOWN & giving back yesterday’s gains
    1,000 point days are new paradigm for DOW replacing those 100 point swings we used to see
    DOW -1,000 & Senate announcement of House bill passage &1st stimulus payouts in process:ohmy:

    but THERE IS NO WHERE TO GO – lol :whistle:

    As some good news, China is no longer getting huge influx of cases — so it may be more of short term burst :sick:
    Sunlight KILLS & dries up virus in 10 minutes 8)
    Outdoors is safest place you can be — I’m definitely getting that to plant some in garden this week

    Hopefully in 4-8 weeks some of worst restrictions are being lifted
    Bambi & herd must not gather in groups greater than 10 — so that might be good for gardens[/i][/b]

    #23244

    The real news is scarier than these free u-tube movies :woohoo:

    https://www.youtube.com/watch?v=xUORmisJs_I

    https://www.youtube.com/watch?v=oH7mXt0o1ks

    #23245

    ohhhh the humanity – 7% circuit breaker just kicked in :sick:
    [size=5][color=red][b]Dow 19,576.75 -1,660.63 -7.82%
    S&P 500 2,351.90 -177.29 -7.01%
    Nasdaq 6,872.41 -462.37 -6.30%
    GlobalDow 2,201.05 -142.41 -6.08%
    Gold 1,485.80 -40.00 -2.62%
    Oil 22.42 -4.53 -16.81% [/b][/color][/size]

    #23246

    OIL@$20 .. and we’ve already reached 18,900 level on DOW :woohoo:

    #23248

    [size=5][i]Actually below is a BETTER day than just a few hours ago
    as DOW roared back from the abyss … We’ll take it …
    May God bless & heal nation & world in days ahead 8)[/i][/size]
    [color=red][size=5][b]Dow 19,898.92 -1,338.46 -6.30%
    S&P 500 2,398.10 -131.09 -5.18%
    Nasdaq 6,989.84 -344.94 -4.70%
    GlobalDow 2,225.72 -117.74 -5.02%
    Gold 1,489.20 -36.60 -2.40%
    Oil 22.41 -4.54 -16.85% [/b][/size][/color]

    #23255
    TradersCom
    Keymaster

    US Senate Republicans weigh maximum aid payment of $1200
    via CNBC’s Jim Cramer.
    US Senate Republican economic stimulus plan likely to rely just on loans, not grants to airline industry
    Republicans way $1200 direct payments individuals
    Weigh maximum payment of $1200 to individuals with adjusted gross incomes of $75,000 a year

    #23256

    [size=5][i]We are going thru challenging times to stamp this out
    and in following daily STATs — warmer temps & sunlight are our “friend” in future 8)

    P.S. may be “out of office” some in planting garden next 2 days … our peach orchard is in bloom and believe USA & world will land shiny side up[/i][/size]

    #23258

    [color=limegreen][size=5][b]Dow 20,087.19 188.27 0.95%
    S&P 500 2,409.39 11.29 0.47%
    Nasdaq 7,150.58 160.73 2.30%
    Gold 1,475.00 -2.90 -0.20%
    Oil 25.40 5.03 24.69%[/b][/size][/color]

    #23259

    #23260
    TradersCom
    Keymaster

    Here’s a link (its free) shared by EWI for our member and friends.
    Important to note there is much precedent to the markets so you can have a plan moving forward (maybe not the virus/reaction) check it out https://www.elliottwave.com/Webinars/What-Every-Investor-Needs-to-Know-Right-Now-200319?acn=19tcc&rcn=sma

    #23261

    [color=purple][b][i]#45 and company are doing excellent job in one of toughest things our nation has ever went thru
    Very stern leadership — maybe too stern in Patton-like manner – lol (esp. firing back at some in media)
    Still he has great team — and hopefully warmer temps & 15-day step + best practices will abate “invisible enemy”
    we are on mandatory work from home .. I thank God our family & the herd will be spared possibly from worst 🙂

    I believe around 18,000 may be bottom
    and hopefully we’ll rocket up from there
    and as moved completely to money markets year-end 2019 — I’m ready to pounce on greatest buying opp in a while
    JULY 2020 = replaces 04/15/2020 IRS filing date

    And prayers of safety to all — as our son works at hospital with 1st COVID-19 in SW VA … so those on front-lines are at top of prayer list …. and maybe we can even get lucky that drug of 40 safe years of use — for malaria be a helpful future resource to hel[/i][/b][/color]p

    #23263

    [size=5][color=red][b]Dow 19,173.98 -913.21 -4.55%
    S&P 500 2,304.87 -104.52 -4.34%
    Nasdaq 6,879.52 -271.06 -3.79%
    Gold 1,493.30 14.00 0.95%
    Oil 19.84 -5.38 -21.33% [/b][/color][/size]

    [size=5][color=green][i][b]Still good people of USA can do MAGIC
    even if there isn’t a cure for Summertime FLU[/b][/i][/color][/size] :sick: :sick: :sick:

    #23264

    [size=5][i]RIP to a legend –who just passed away at age 81
    and my better half & me loved the RESTAURANT 🙂
    1st SONG has greatest assembly of STARS I’ve ever seen 😆
    Kenny was AWESOME & now singing in the heavenly choir [/i][/size] 8)

    https://www.youtube.com/watch?v=M9BNoNFKCBI

    https://www.youtube.com/watch?v=O3Ao-6_gE98

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