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When will market be back to 29,000?

Posted on 4/6/20 at 7:39 pm
Posted by Little Trump
Florida
Member since Nov 2017
5817 posts
Posted on 4/6/20 at 7:39 pm
I say 2-3 months maybe sooner

Futures up again on more positive COVID numbers from Trump today

We get this behind us and crazy money floods back in I say

What do y’all think?
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
71787 posts
Posted on 4/6/20 at 7:43 pm to
Shouldn't have been that high in the first place.

Back to 25k would be good.
Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 4/6/20 at 7:43 pm to
I don't know, depends on what everybody does coming out of the shutdown. There is going to be a backlog of work for a lot of people so it'll be busy.

would be nice to fix the oil spat too
Posted by LSUBanker
Gonzales, La
Member since Sep 2003
2555 posts
Posted on 4/6/20 at 7:44 pm to
At least 36 months and depends on the sector. Corp earnings will dictate. Some will take years to recover. Tech sector will recover sooner.
Posted by Powerman
Member since Jan 2004
162295 posts
Posted on 4/6/20 at 7:45 pm to
quote:

I say 2-3 months maybe sooner
Posted by Dale51
Member since Oct 2016
32378 posts
Posted on 4/6/20 at 7:46 pm to
quote:

When will market be back to 29,000?



Couple weeks.
Posted by FlexDawg
Member since Jan 2018
12844 posts
Posted on 4/6/20 at 7:49 pm to
Quicker than most think. The market tanking is all artificial. We shut down our economy intentionally.
Posted by Boatshoes
Member since Dec 2017
6775 posts
Posted on 4/6/20 at 7:52 pm to
quote:

I say 2-3 months maybe sooner

Futures up again on more positive COVID numbers from Trump today

We get this behind us and crazy money floods back in I say

What do y’all think?


I'm thinking that may be a little on the optimistic side. If we can retest the lows and climb to 24,000 and defend that level I'll be very happy.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80856 posts
Posted on 4/6/20 at 7:53 pm to
January 2021
Posted by TopJimmy
Heart of Dixie
Member since Nov 2011
1354 posts
Posted on 4/6/20 at 7:54 pm to
It's coming in like a tidal wave. If you can buy at less than half average, you might want to give it a shot.
If you have never played the market, don't get in now.
Posted by Yak
DuPage County
Member since May 2014
4672 posts
Posted on 4/6/20 at 8:00 pm to
I got in around mid March, it's been a wild ride
Posted by TimeOutdoors
AK
Member since Sep 2014
12129 posts
Posted on 4/6/20 at 8:04 pm to
The day after the election.
Posted by timdonaghyswhistle
Member since Jul 2018
16421 posts
Posted on 4/6/20 at 8:05 pm to
If Trump wins re-election, November. If he loses, your guess is as good as mine.
Posted by dantes69
Boise, Id.
Member since Aug 2011
2022 posts
Posted on 4/6/20 at 8:39 pm to
August 17, 2020
Posted by ConservativeBamaFan
Tuscaloosa Alabama
Member since Nov 2013
1248 posts
Posted on 4/6/20 at 9:10 pm to
A lot of it will depend on Nov Election. If Trump is elected this time next year.
Posted by Hamma1122
Member since Sep 2016
19922 posts
Posted on 4/6/20 at 9:13 pm to
It’ll be a while
Posted by buckeye_vol
Member since Jul 2014
35252 posts
Posted on 4/6/20 at 9:15 pm to
quote:

I say 2-3 months maybe sooner
A 27% increase in 2 months right during the middle of the first earnings season since the lockdowns?

27% increase by the end of 2021 would me a nice gain and a well above average annualized growth of 15.1%.
Posted by AUFANATL
Member since Dec 2007
3988 posts
Posted on 4/6/20 at 9:16 pm to

I'm far from an expert here, but it seems to me the market was artificially inflated by corporations funneling huge amounts of profit into stock buy-backs. And now the stimulus package prevents them from doing this (assuming they would even have the cash flow).

Posted by Asharad
Tiamat
Member since Dec 2010
5736 posts
Posted on 4/6/20 at 9:20 pm to
The only industry in my town (paper mill) is laying off everyone until August. The economy will get worse before it gets better.
Posted by Tiger on the Rag
Cattle Gap Egypt
Member since Jan 2018
6868 posts
Posted on 4/6/20 at 9:22 pm to
I would say 2 to 3 months if not too many small businesses out of business. My guest is by december
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