Market Weekly: March 29 – April 4 2020

Viewing 13 posts - 16 through 28 (of 28 total)
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    [size=5][i]USA markets are holding up good in spite of some bad news
    only -800 down on DOW & stable so far in some of darkest times in USA history
    as hopefully we are near OIL & STOCK lows — Hang on sloopy … Hang on 8)[/i][/size]


    [size=5][i]Heard RAVE reviews on MAR 31 update by president & team
    Factual, sober, respectful to media, & great presentation by team
    no matter WHO or the party in POTUS position — they are top of prayer list
    and will always respect commander-in-chief … even if “forgetful Joe” becomes #46 :ohmy:

    The clips I heard were spot on & well done by #45
    Bookmarking a copy for later — as it’s no picnic for even “work from home”
    VERY THANKFUL — but it’s chaos out there :woohoo:
    and our son & daughter are working on front lines with the impatient & “virus rebels”

    I shared with our daughter — y’all need a button to wear that says “Be kind to those on front lines” 8)[/i][/size]


    [size=5][i]Learned more in this very informative & factual video :sick:
    COVID-19 is twice as contagious as flu & 10 times more lethal[/i][/size] :ohmy:


    [color=red][size=6][b]Dow 20,943.51 -973.65 -4.44%
    S&P 500 2,470.50 -114.09 -4.41%
    Nasdaq 7,360.58 -339.52 -4.41%
    GlobalDow 2,368.70 -96.77 -3.93%
    Gold 1,600.60 4.00 0.25%
    Oil 20.89 0.41 2.00%[/b][/size][/color]

    [size=5][i]Times might be bad for a month or two
    and am hopeful for containment as soon as we can
    as this is nice rendition of an awesome song vocally & instrumentall[/i][/size]y 8)


    US Treasury yields in Asia trade hitting 3 week lows ahead of two days of Yuge US job data

    10 year UST yields lowest since March 10


    US vehicle sales in March 11.37m vs. 16.83m in Feb

    Wards Auto Group data tracking motor vehicle registrations in the US
    March 11.37m expected was 12.00m after 16.83m in Feb


    [color=limegreen][size=5][b]OIL up +10% .. and certainly $20 to $22 ain’t a whole lot 😆 :whistle: :whistle: :whistle: :whistle:
    but rumors & hope that OPEC & Russia might be able to work out things … here’s hoping 🙂 [/b][/size][/color]


    [size=5]Good Thursday morning … and wish all a good & safe day …
    Stocks Futures were originally up about +400 on DOW, on possible break-thru on $20 OIL

    But 6 MILLION more added to U/E ranks takes away some of the OIL enthusiasm earlier today
    I’ve had some close encounters with deer past 2 mornings to take sunrise photos … a good sign 8)

    As I listen to a couple of bible studies each morning on radio — here some great advice for worriers out there
    Make the most out of TODAY and Avoid a total focus on “gloom & doom” & the seemingly bleak future ahead“[/size]


    [color=green][size=5][b]Dow 21,413.44 469.93 2.24%
    S&P 500 2,526.90 56.40 2.28%
    Nasdaq 7,487.31 126.73 1.72%
    GlobalDow 2,399.95 31.36 1.32%
    Gold 1,637.70 0.00 0.00%
    Oil 24.98 -0.34 -1.34%[/b][/size][/color]


    [color=red][size=6][b]Mother of all reports = MINUS 701,000 jobs lost

    [i][size=5]In Reality — MILLIONS OF JOBS lost (as these are TRAILING stats
    and state U/E offices are overwhelmed — as websites & phone banks are overloaded to max
    so badly that lots of folks can’t even file yet :ohmy:

    Futures still stable with mild losses on futures so far

    Change in non-farm payrolls, March: -701,000 vs. -100,000 expected
    Unemployment rate, March: 4.4% vs. 3.8% expected
    Average hourly earnings, year on year: 3.1% vs. +3.0% expected[/size][/i]


    [size=5][i]And wishing a good & safe Friday to all … I can’t tell which day is which being home bound these days 😆
    And some of my favorite songs linked below — to help get our minds off all the difficulties
    I love music & most all genres – esp. 1980s & even like “Disco Friday” 8)[/i][/size]


    [color=purple][size=5][i]OIL has surged significantly to fix one large issue
    Hopefully some stability at DOW 20,000 level will occur during worst times
    and may the times get BETTER once peak is over hopefully in month or so[/i][/size][/color]
    Dow 21,052.53 -360.91 -1.69%
    S&P 500 2,488.65 -38.25 -1.51%
    Nasdaq 7,373.08 -114.23 -1.53%
    GlobalDow 2,364.55 -35.40 -1.48%
    Gold 1,647.80 10.10 0.62%
    Oil 28.42 3.10 12.24%


    [size=5][i]Good SAT morning to all … time to go out & keep working on that victory garden 8)
    Markets are closed today …. as well as everything else (lol) :woohoo:
    Good to focus on positive outlook ahead with patience
    and get thru hard times the best we can 🙂

    A few favorite & beautiful songs of all time — the voice of angel from CANADA[/i][/size] 8)

Viewing 13 posts - 16 through 28 (of 28 total)
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