- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
So what happened there in the last 30 minutes of the market?
Posted on 3/27/20 at 3:27 pm
Posted on 3/27/20 at 3:27 pm
Is it investors just giving up after a crazy week of downs and ups and saying let's come back on Monday and see where we are?
This post was edited on 3/27/20 at 3:39 pm
10
Posted on 3/27/20 at 3:34 pm to rickgrimes
The extreme oversold conditions have been worked out with the rally this week. The big Fed QE announcement has already been made and the Stimulus Bill has now been passed.
The easy money has been made. The risk is to the downside again. Smart not to hold over the weekend, if you are a trader.
The easy money has been made. The risk is to the downside again. Smart not to hold over the weekend, if you are a trader.
This post was edited on 3/27/20 at 3:35 pm
Posted on 3/27/20 at 3:35 pm to rickgrimes
Dow posted best weekly gain since 1938
S&P 500 best weekly gain since 2019
S&P 500 best weekly gain since 2019
Posted on 3/27/20 at 3:36 pm to rickgrimes
Profit taking before a weekend of probably really bad news
Posted on 3/27/20 at 3:36 pm to rickgrimes
quote:
So what happened there in the last 30 minutes of the market?
Friday, to much uncertainty over the weekend.
Posted on 3/27/20 at 3:39 pm to rickgrimes
Gamma hedging? Who knows. I do know that J Powell just said they couldn't go brrrrrrrrr over $60B in bond buying past April 1st. That's hilarious. The Fed is going to be the only buyer of Treasuries and MBS. The Treasury and the Fed are essentially merging right now in real time 
Posted on 3/27/20 at 3:39 pm to UltimaParadox
quote:
Profit taking before a weekend of probably really bad news
ding ding ding, no active traders want positions in this market over the weekend
Posted on 3/27/20 at 3:46 pm to rickgrimes
The run is over. Sit back and enjoy the downturn for about 3 to 4 months and then it’ll start climbing.
Posted on 3/27/20 at 3:49 pm to WPBTiger
quote:
Friday, to much uncertainty over the weekend.
This in part.
Even though there's been some up days throughout, the past few Mondays have been bloodbaths.
Posted on 3/27/20 at 3:58 pm to rickgrimes
Hedge funds getting out while they’re up
Posted on 3/27/20 at 3:59 pm to UltimaParadox
quote:
Profit taking before a weekend of probably really bad news
I’m a newb and don’t get this. The market shrugged off 4x the record jobless claims, but is spooked at the possibility of bad news over the weekend in the face of the stimulus being signed? What could possibly come out over the weekend?
Seemed like we were becoming jaded to bad news and starving for good news, which we just got.
This shite’s confusing.
Edit: and the futures are down 900+ points...
This post was edited on 3/27/20 at 4:04 pm
Posted on 3/27/20 at 4:06 pm to barry
quote:
ding ding ding, no active traders want positions in this market over the weekend
Rode the sugar high of QE up, but, man, if you look at energy consumption as any kind of indicator - woof! I can't see the bull case.
Posted on 3/27/20 at 4:08 pm to rickgrimes
Machines. Same as the 500 uptick earlier this week in the last thirty minutes.
This post was edited on 3/27/20 at 4:16 pm
Posted on 3/27/20 at 4:09 pm to olgoi khorkhoi
quote:
Edit: and the futures are down 900+ points...
No they arent.
Posted on 3/27/20 at 4:12 pm to olgoi khorkhoi
quote:
The market shrugged off 4x the record jobless claims, but is spooked at the possibility of bad news over the weekend in the face of the stimulus being signed? What could possibly come out over the weekend?
Market can stay irrational longer than most can stay solvent. We had 3.2 million jobless claims and the market went up. Today we have great numbers on PC, income and spending, Bank of Canada cut 50 basis points, which ordinarily would have sent the market way up, and the market was down. Most indicated during the week it was an unsupported bounce, which is proving true so far. Not a surprising move down and not a lot of news that will push it up next week according to most. Next three weeks could be great or difficult. We will see what happens with the virus and will start seeing if people will spend their government money or save it. Until then I think most are expecting a lot of days like today.
This post was edited on 3/27/20 at 4:18 pm
Posted on 3/27/20 at 4:21 pm to olgoi khorkhoi
quote:
What could possibly come out over the weekend?
You know that little virus that's been going around? The one that hasn't slowed down yet? Those number will continue to climb over the weekend unfortunately.
Posted on 3/27/20 at 4:29 pm to rickgrimes
At times the market is incredibly simple, at times it's completely unable to understand.
Right now, i think it's the former. With the continued growth we will see a significant rise in case load and deaths over this weekend. We had a great few days there mid week pretending this is all going away and we are headed back to work on Easter. Which is fine if that's what we want to do, people also tried to forget about the pain we are in for though if that is the route we take.
Reality is going to come back hard and fast that we have a significant issue on our hands and the market will be headed back down.
Right now, i think it's the former. With the continued growth we will see a significant rise in case load and deaths over this weekend. We had a great few days there mid week pretending this is all going away and we are headed back to work on Easter. Which is fine if that's what we want to do, people also tried to forget about the pain we are in for though if that is the route we take.
Reality is going to come back hard and fast that we have a significant issue on our hands and the market will be headed back down.
Posted on 3/27/20 at 4:34 pm to Mizzoufan26
So what you're saying is dallastiger might be able to get back into boeing around a 100? Hope he can climb out of that bottle for it!
Posted on 3/27/20 at 4:36 pm to Mizzoufan26
"The run is over. Sit back and enjoy the downturn for about 3 to 4 months and then it’ll start climbing."
this!!!! and so it begins......working our way toward capitulation.
this!!!! and so it begins......working our way toward capitulation.
Posted on 3/27/20 at 4:43 pm to Pendulum
quote:
No they arent.
You’re right. I have something in ticker of my CNBC app called “Dow Jones Futures” that shows -930 after hours, but that is apparently something else. Thanks for the heads up.
Page 1 of 2
Back to top
Follow TigerDroppings for LSU Football News