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re: How bad will the Dow tank tomorrow with no vote tonight?

Posted on 3/25/20 at 5:51 pm to
Posted by ljhog
Lake Jackson, Tx.
Member since Apr 2009
20235 posts
Posted on 3/25/20 at 5:51 pm to
1750 CST Dow futures up 155, S&P 9.75. I think the market is up tomorrow. Profit taking comes Friday.
Posted by cgrand
HAMMOND
Member since Oct 2009
46283 posts
Posted on 3/25/20 at 5:54 pm to
I hope so.
I had a good day today but I’m fricking scrambling right now to make up some ground. Last week was devastating to me

if I can get halfway back I’ll be happy to sit the rest of this out
Posted by Man4others
Member since Aug 2017
2454 posts
Posted on 3/25/20 at 5:55 pm to
It’s the same predictable bs from congress that happened during the 2008 financial crisis. Market rallies on the hope a bill passes, markets pop on agreement, markets crash on no deal news. Stock market will not do well for another month or so as all the bad economic data & bankruptcies trickles out
Posted by Big Scrub TX
Member since Dec 2013
38292 posts
Posted on 3/25/20 at 5:57 pm to
quote:

Dems are probably insider trading like crazy doing this shite. Gotta pay for their 2020 campaigns somehow.
Interesting hot take given we are well aware of high-level insider trading already from republicans.
Posted by Buckeye Jeaux
Member since May 2018
17756 posts
Posted on 3/25/20 at 8:53 pm to
quote:

Interesting hot take given we are well aware of high-level insider trading already from republicans.

And highly unlikely we;ll ever hear a word about the Dems who shorted the markets by billions (if not trillions)
Posted by Jyrdis
TD Premium Member Level III
Member since Aug 2015
13410 posts
Posted on 3/25/20 at 8:55 pm to
Theoretically the market should have priced this in. Realistically, algos and people are dumb.
Posted by ClampClampington
Nebraska
Member since Jun 2017
4031 posts
Posted on 3/25/20 at 9:00 pm to
quote:

Last week was devastating to me


The markets the past two weeks have been an absolute daily shitkicking at work. I'm slowly morphing into Joker, all I've been able to do is laugh and wait to get my face ripped off again tomorrow
Posted by coonasswhodat
Gonzales, Louisiana
Member since Dec 2013
4112 posts
Posted on 3/25/20 at 9:02 pm to
Buy on the rumor, sell on the news. We may have gotten the stimulus bump yesterday. Hard to tell with this Jeckyl/Hyde market.
Posted by jlc05
Member since Nov 2005
33374 posts
Posted on 3/25/20 at 9:05 pm to
Pelosi is holding out for same-day voter registration
Posted by Buckeye Jeaux
Member since May 2018
17756 posts
Posted on 3/25/20 at 9:10 pm to
quote:

Pelosi is holding out for same-day voter registration
Watch the market dive if she gets it.
Posted by Lsut81
Member since Jun 2005
83628 posts
Posted on 3/25/20 at 9:13 pm to
quote:

Pelosi is holding out for same-day voter registration


Let the cu nt hold out for that...

Let the dems push Trump’s hand to where he holds a national address and lays out the bullshite they are attempting to put into the bill.

I think he caved and is a bitch for allowing the 25m in for the Kennedy center, but sounds like he admits it was a negotiating tactic to get what he wants. Still bullshite.
This post was edited on 3/25/20 at 9:13 pm
Posted by Threelot
Abraham's Oasis
Member since Oct 2017
85 posts
Posted on 3/25/20 at 10:17 pm to
quote:

More likely Trump's Easter back-to-work commitment caused the Lion's Share market surge.


This is correct, or at least why I flipped long after the failure to take out 2200 SPX cleanly. Long airlines and hedged with SQQQ going into tomorrow. 0730 jobless claims could rock this market hard. 3-5m maybe?

Airlines will get bailed out, they'll hold up relative to the overall market, provided we're back to work.

Lower lows coming without question. How much spring in this dead cat's arse is the question. I'm hoping for 2700, but but not convinced based on today's price action.
Posted by LSURussian
Member since Feb 2005
133484 posts
Posted on 4/19/20 at 1:44 pm to
quote:

How much spring in this dead cat's arse is the question. I'm hoping for 2700
The S&P Index closed at 2,874.56 Friday.
Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 4/19/20 at 2:01 pm to
quote:

It seemed it went skyrocketing because of the possible vote on the bill. But it got torpedoed somehow and now are we set for just fall off the cliff type day again.



If they do they will rebound later.

Rinse repeat


ETA: I didn't even notice this was an old thread


SEE? rinse repeat

People who know what they are doing have been making boatloads of money lately.

Unfortunately I am not one of them.
This post was edited on 4/19/20 at 2:15 pm
Posted by geauxpurple
New Orleans
Member since Jul 2014
16359 posts
Posted on 4/19/20 at 2:19 pm to
A couple of days is not going to make a big difference. Besides, this was not the only factor in the recent rise of the stock market. I attribute the rise to optimism that things will be improving sooner rather than later.
Posted by bamarep
Member since Nov 2013
52347 posts
Posted on 4/19/20 at 2:25 pm to
Because instead of doing her fricking job, Nancy instead decided to spend her time scoring political points while people are losing their lives and livelihoods.
Posted by udtiger
Over your left shoulder
Member since Nov 2006
112094 posts
Posted on 4/19/20 at 2:26 pm to
quote:

It seemed it went skyrocketing because of the possible vote on the bill


No it didn't.

No one expects Pelosi to act rationally.
Posted by Squidbaggins32
Colorado
Member since Nov 2019
78 posts
Posted on 4/19/20 at 2:37 pm to
vote doesn't matter.

it's gonna keep pumping for a little while longer due to JPOW and his fed friends absolutely blowing the biggest wad ever known to the world of finance.

once the big boys lap that up and get out we're headed back down. mid-may. it's not trumps fault, and there's nothing he can do.

Posted by PUB
New Orleans
Member since Sep 2017
20628 posts
Posted on 4/19/20 at 2:45 pm to
Hope it hits triple limit down every day this entire week.
Posted by JawjaTigah
On the Bandwagon
Member since Sep 2003
22882 posts
Posted on 4/19/20 at 2:46 pm to
quote:

Pelosi is from Cali. Schumer is from NY. COVID19 is about to take over NYC. Pelosi is Schumer's boss
Pelosi is a Representative. Schumer is a Senator. She serves in the House of Reps. He serves in the Senate... two different “houses” of our legislative branch of government. She is not his boss. But they are both are partisanDemocrats. The other branches of our govt. are the Judicial (Supreme Court) and the Executive (President). More questions?
This post was edited on 4/19/20 at 2:48 pm
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