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Will the markets be back in the green on Monday?
Posted on 3/1/20 at 1:29 pm
Posted on 3/1/20 at 1:29 pm
Haven't seen anything major in the news about the virus since Friday except that one death in Washington state. Can we take that to mean normal proceedings will resume on Monday and the markets go back up and to the right?
16
Posted on 3/1/20 at 1:30 pm to rickgrimes
How would any of us know?
Posted on 3/1/20 at 1:34 pm to rickgrimes
I think tomorrow will be a holding pattern. Maybe marginally up at the end of the day.
Lots of earnings reports the next two weeks. I think there will be a slow climb this week and next if earnings look good and if there's no big new fear-mongering coronavirus story. If earnings aren't impressive I think prices will find a new bottom by the end of next week.
Lots of earnings reports the next two weeks. I think there will be a slow climb this week and next if earnings look good and if there's no big new fear-mongering coronavirus story. If earnings aren't impressive I think prices will find a new bottom by the end of next week.
Posted on 3/1/20 at 2:06 pm to rickgrimes
No, we have more losses to come. Too much momentum downward and the opportunity to make Trump’s approval numbers tank is too much to resist. The press and the Dems will be pushing a recession now.
Posted on 3/1/20 at 2:07 pm to FlyingTiger1955
Flat to slightly higher on the open. Cautiously moving up during the day. A Bernie win in South Carolina would have hurt.
Posted on 3/1/20 at 2:35 pm to natsoundup
Guessing we are down at the start due to weekend case increases. I could see us getting to flat though or slightly green but think we close around .5-1% down.
Think this week we’re going to see a lot of conversation from governments, central banks, and business leaders to reassure people the economic impact can be managed and kept to under a year.
At some point the day to day case numbers are going to become numbed to folks which will help too, as long as a major figure (like the Pope who apparently has a cold) does not get it.
Think this week we’re going to see a lot of conversation from governments, central banks, and business leaders to reassure people the economic impact can be managed and kept to under a year.
At some point the day to day case numbers are going to become numbed to folks which will help too, as long as a major figure (like the Pope who apparently has a cold) does not get it.
Posted on 3/1/20 at 2:41 pm to TigerinOkieHell
I don’t care either way. I just want little volatility and some stability for a little while.
Posted on 3/1/20 at 3:17 pm to rickgrimes
(no message)
This post was edited on 3/25/20 at 4:39 am
Posted on 3/1/20 at 3:17 pm to rickgrimes
quote:
markets go back up and to the right?
Despite all red last week, we haven't even seen market capitulation yet.
Posted on 3/1/20 at 3:31 pm to rickgrimes
make not assumptions, but i wouldnt considering buying in too heavily until we hear from the fed.
Posted on 3/1/20 at 3:42 pm to Squidbaggins32
Definitely not buying yet.
Posted on 3/1/20 at 3:56 pm to rickgrimes
There may be a little pump at the beginning of the week, but I wouldn’t count on the news from US tests to be all that great once those numbers start coming out later.
Posted on 3/1/20 at 4:44 pm to rickgrimes
Hell no, major events being cancelled all over the globe
Posted on 3/1/20 at 4:53 pm to rickgrimes
Weekend Dow down 2% today so yeah this shite is gone get smashed down tomorrow morning more than likely.
Posted on 3/1/20 at 5:03 pm to CheEngineer
Wouldn’t be surprised if we turned green by end of day tomorrow. It’s just way overdone already.
Though I wouldn’t be surprised if market continued to be irrational too.
Though I wouldn’t be surprised if market continued to be irrational too.
Posted on 3/1/20 at 5:24 pm to TigerDeBaiter
Futures down big again.
Posted on 3/1/20 at 6:01 pm to rickgrimes
A few friends told me that Costco sold out of TP, water, rice, and other essentials this weekend. That doesn't sound very promising to me. I fear that people are nearing hysteria in the next few weeks.
Posted on 3/1/20 at 6:10 pm to Bamajedi
I hit up Costco today to stock up on essentials just in case. Regardless of how deadly the virus is, supply chains WILL be interrupted for a time.
As far as the OPs question, green in regards to what? Market is still up something like 30% since the President took office, down from 60 something %. So, most people are still up from what they had 3 years ago.
As far as the OPs question, green in regards to what? Market is still up something like 30% since the President took office, down from 60 something %. So, most people are still up from what they had 3 years ago.
Posted on 3/1/20 at 6:30 pm to rickgrimes
Anyone buying SQQQ tomorrow?
Posted on 3/1/20 at 6:38 pm to Janky
quote:god fricking damn it.
Futures down big again.
somebody explain to me why community spread/outbreak on US soil wasn't something the market expected??
Scientists have been telling us for 14+ days that it will come here.
the frick is wrong.
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