Market Weekly: March 21 – 20 2026

Viewing 15 posts - 16 through 30 (of 37 total)
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  • #23283

    Clem shared — “Indian PM Modi has announced a total lockdown of India for 21 days to stop the virus. Though much of this has already occurred demand wise it is another hit to global demand … Means 17.5% of the world’s population., 1.3 billion people in lockdown … India is also responsible for 5% of global oil demand, 4% for metals and 4-5% of global GDP. Oil demand in 2019 was 4.7 million barrels per day.”

    [color=purple][size=5][i]^^^^^ +1s to Clem — INDIA is at top of prayer list — as I actually work in IT for one of top firms there
    and prayers extend to my brothers & sisters across the waters … well educated, kind, gentle, spiritual & great people 8)[/i][/size][/color]

    #23285

    DOW +1776 – Congress becomes patriotic rather than partisan 😆

    #23287

    Virus (1980 film) — 1980 Japanese post-apocalyptic science fiction film directed by Kinji Fukasaku.[3][4] Based on Sakyo Komatsu’s novel. the film stars an international ensemble cast featuring Masao Kusakari, Sonny Chiba, George Kennedy, Robert Vaughn, Chuck Connors, Olivia Hussey, Edward James Olmos, Glenn Ford, and Henry Silva.

    https://en.wikipedia.org/wiki/Virus_(1980_film)

    #23288

    [color=purple][size=5]#45 — “I’d like to re-open by EASTER

    And had same thought a few days ago myself
    at least for very small groups is least affected areas
    as timing could not be better as Easter/Spring represent “new birth” 8)

    But only in “fly-over” country where safe as a start — Not NYC or Seattle :sick:
    maybe with youngest folks allowed to go back 1st (20-40)
    and with social distancing, super-hygiene & active testing?

    And while I even agree with some critique — that it might be “too soon”
    it’s good to express goals & hope for better future ahead

    and also USA will MASS PRODUCE cheap testing HOME DIY kit for all
    That was South Korea’s great solution 8)[/size][/color] 🙂

    Virus is very dangerous still in USA — as our free ability to travel spreads virus more than blocking ports
    https://www.arcgis.com/apps/opsdashboard/index.html#/bda7594740fd40299423467b48e9ecf6

    #23290

    [size=6][color=limegreen][b]Dow 20,704.91 2,112.98 11.37%
    S&P 500 2,447.33 209.93 9.38%
    Nasdaq 7,417.86 557.18 8.12%
    GlobalDow 2,327.42 188.45 8.81%
    Gold 1,669.00 101.40 6.47%
    Oil 24.33 0.97 4.15%[/b][/color][/size]

    Some PHD material for any interested …. 1st of many college lectures 8)

    #23291

    [color=purple][size=5][i]Good WED morning to all … and appears around midnight a done-deal on $2T relief package
    Still like earlier in week — it aint over til it’s over – lol

    Huge U/E package (4 months worth for layoff victims), Airlines help, etc.
    Futures were up close to +400 and now down some — as more bad news comes in around world
    Today may be a “sell on news” day
    I believe there are FAR MORE infected folks than showing up in “official counts” & USA is spiking hard
    but with lower death counts on statistical basis[/i][/size][/color]

    [size=5][b]EARLY SUMMARY of what is in $2T relief package
    https://finance.yahoo.com/news/coronavirus-2-trillion-stimulus-deal-for-businesses-080739448.html%5B/b%5D%5B/size%5D

    #23293

    DOW +580 – Senate should pass bill in afternoon & send to House of Rep. for their approval

    #23299
    #23300
    Super Harley
    Participant

    First time for a long time two massive up days back to back

    #23301
    Helmholtz Watson
    Participant

    Focus on Record Initial jobless claims Tomorrow

    After Canada announced almost 1 million jobless claims yesterday all the chatter hs been how big America’s will be. Estimates balance out at 1,5 million and 4 million at Citigroup.

    Mass layoffs are coming from the mandated shutdown and are going to be huge.

    Ohio reported daily claims from Sunday-Thurs of 140K claims compared to 5K in the same period a week earlier.

    California governor Newsome said 1 million people in the state have filed for unemployment claims this month.

    #23302

    [color=limegreen][size=6][b]Dow 21,200.55 495.64 2.39%
    S&P 500 2,475.56 28.23 1.15%
    Nasdaq 7,384.30 -33.56 -0.45%
    GlobalDow 2,409.21 270.24 12.63%
    Gold 1,641.10 -19.70 -1.19%
    Oil 24.34 0.33 1.37%[/b][/size][/color]

    #23303

    [color=red][size=5][b]Good THURSDAY morning to ALL … wishing all a good & SAFE day 🙂
    Senate passed $2T bill & will be sent to HOUSE for voice vote – and maybe a voice in wilderness will be heard :woohoo:
    if anyone “objects” in partial attendance at House – the a full roll call & everyone has to fly
    May even occur to work in more PORK & special interest items & even way for insiders to manipulate markets :whistle:

    Still DOW futures down on “sell on news” type day — but improved some after U/E results came in

    3.2 MILLION added to U/E but we are all locked into isolation in homes — so ECON stats will be off the charts
    USA will soon be #1 in world in TOTAL# — but fewer lethal cases on a statistical basis … there are MILLIONS worldwide likely infected but untested — as we now live like in SCI-Fi movie :ohmy:

    P.S. The hound & I watched last night — wow, highly educational & works in COVID-19 attributes constantly 8)
    [/b][/size][/color]

    #23304

    [size=5][i]ROFL – QUOTE OF DAY from caller on “right-wing” talk show
    (Mike Gallaghar in background while working) :lol:[/i][/size]

    WE ARE LIVING “THE NEW GREEN DEAL” NOW 👿

    [b][color=teal][size=5]– WAGES for even those NOT working – lol
    — No toilet paper, towels, hand sanitizer to be found
    — Fewer plastic straws & bags blowing in the wind
    — No beef, chicken, or meat in stores (for the vegans out there)
    — No travel in our gas-guzzlin’ cars — as we’re all locked down
    — No planes in the sky
    — Far less OIL being burned
    — we finally got #45 and company under control now [/size][/color][/b]

    #23307

    DOW +1040 for $2T “green new deal” 😆

    #23312
    MoneyNeverSleeps
    Participant

    [size=5][b]US stock futures explode into close after Powell speech …
    short covering hitting stops ES_F SPX DJIA
    Third up day in a row[/b][/size]

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