- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- 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
re: DOW charging towards +2000 +10% like a racehorse to the bell. DOW finishes +2113 11.37%
Posted on 3/24/20 at 2:48 pm to Carnold1987
Posted on 3/24/20 at 2:48 pm to Carnold1987
quote:Again? The dead cat already bounced.
Unfortunately, I agree. This is textbook dead cat bounce.
Not saying it won't go back down tomorrow, but this may finally be the time it begins to stabilize and inch back up.
3
Posted on 3/24/20 at 2:50 pm to CGSC Lobotomy
Nah. This has nothing to do with the virus, the stimulus, or the jobs report.
Monday morning, the federal reserve essentially said "enough, the market will not be allowed to fall below these levels."
You realize that the power of the central bank over this market is complete. If they want to reprice the Dow to 40,000 in six months, they could easily do that.
Monday morning, the federal reserve essentially said "enough, the market will not be allowed to fall below these levels."
You realize that the power of the central bank over this market is complete. If they want to reprice the Dow to 40,000 in six months, they could easily do that.
This post was edited on 3/24/20 at 2:51 pm
Posted on 3/24/20 at 2:53 pm to TigerAxeOK
I truly hope you are right.
However, given the current conditions we have been experiencing, how can one assume the market has stabilized based on no concrete evidence? We can’t keep seeing these type of swings. JMHO
However, given the current conditions we have been experiencing, how can one assume the market has stabilized based on no concrete evidence? We can’t keep seeing these type of swings. JMHO
Posted on 3/24/20 at 3:01 pm to Carnold1987
Up 2113 11.37%
Largest point gain ever and 5th largest percentage gain ever.
Largest percentage gain since 1933.
Largest point gain ever and 5th largest percentage gain ever.
Largest percentage gain since 1933.
This post was edited on 3/24/20 at 3:05 pm
Posted on 3/24/20 at 3:04 pm to The Boat
Stock markets are soaring..
Just wait until earnings season. It will be a blood bath and no amount of stimulus will repair the underlying structural problems which make up global debt problem.
Name one person in history who paid off their debts, while their revenues fell, while they were going deeper into debt.
Just wait until earnings season. It will be a blood bath and no amount of stimulus will repair the underlying structural problems which make up global debt problem.
Name one person in history who paid off their debts, while their revenues fell, while they were going deeper into debt.
Posted on 3/24/20 at 3:05 pm to The Boat
Trump train!
Posted on 3/24/20 at 3:06 pm to Carnold1987
quote:
This is textbook dead cat bounce.
End of the month also calls for the pension funds to be reallocated so that will give it a nice bump
Posted on 3/24/20 at 3:09 pm to The Boat
Largest % gain since 1933. 2nd largest in history.
Posted on 3/24/20 at 3:11 pm to musick
quote:
Friday is primed for an all time drop, first pay period with millions not getting a pay check and no stimulus in sight
You may be right, but I'd suspect many of those weren't in the market to begin with.
Posted on 3/24/20 at 3:13 pm to The Boat
Hate to post a link from politico
At this point it doesn’t matter if it is an all time daily gain or loss. The fluctuations in the market today are in line with Cryptocurrency.
At this point it doesn’t matter if it is an all time daily gain or loss. The fluctuations in the market today are in line with Cryptocurrency.
Posted on 3/24/20 at 3:14 pm to The Boat
“Experts” kept saying the floor was around 18000
Posted on 3/24/20 at 3:15 pm to TigerAxeOK
quote:
Again? The dead cat already bounced. Not saying it won't go back down tomorrow, but this may finally be the time it begins to stabilize and inch back up.
I called the dead bounce 2 weeks and knew it wouldn't hold up. This snap back is different b/c of the fiscal stimulus measures. Be prepared to see some very ugly jobless claims and unemployment numbers in a next few months and the market basically shrug it off and continue higher.
Posted on 3/24/20 at 3:20 pm to Cosmo
quote:
“Experts” kept saying the floor was around 18000
Hope you have an extra "0" on that number, but if they are referencing the DJIA then they're not experts. The experts used SP500. The bear case scenario Ive read is 1800 and base case is 2000-2200 with 2020 year end at 2750. That all can change b/c most companies have deleted their forward EPS guidance.
Posted on 3/24/20 at 3:21 pm to The Boat
quote:
Up 2113 11.37%
Largest point gain ever and 5th largest percentage gain ever.
Largest percentage gain since 1933.
Yep...honestly, it's just taking back 2 weeks of fears that drove it down. Very very rich cash holders just went back in time and put the money in the market at 2010 prices....knowing thatbit will rocket under trump an this reelection. He has the majic sauce to get it to 30k+, and time is all he needs.
Posted on 3/24/20 at 3:22 pm to pwejr88
quote:
End of the month also calls for the pension funds to be reallocated so that will give it a nice bump
You and I must have been on the same market call.
Posted on 3/24/20 at 3:22 pm to NC_Tigah
He's gonna spike the football, isn't he?
Posted on 3/24/20 at 3:23 pm to The Boat
I legit fist bumped my TV like i was rooting on a football game.
i'm way to into this
i'm way to into this
This post was edited on 3/24/20 at 3:24 pm
Posted on 3/24/20 at 3:28 pm to Perfect Circle
quote:
Just wait until earnings season. It will be a blood bath and no amount of stimulus will repair the underlying structural problems which make up global debt problem.
Wouldn't you think SP500 down 35% might have already be pricing that in at the moment?
When the market bottomed in March 2009 only half the banks had failed and unemployment was terrible. . Hundreds of bank failures followed for 2+ years and the equity market shot higher during that time.
Posted on 3/24/20 at 3:34 pm to JuiceTerry
quote:
He's gonna spike the football, isn't he?
I love the fact this pisses you off.
Posted on 3/24/20 at 3:36 pm to EZE Tiger Fan
You thought it was great last time
Page 2 of 3
Popular
Back to top
Follow TigerDroppings for LSU Football News