DOW gains 1,000 in last 30 minutes

whoa, hold on boys!!! up almost 2 grand today.

Originally Posted by kid0917

whoa, hold on boys!!! up almost 2 grand today.

Thank Trump.

yes, happened while he was on the air, didn't it....

Chalk up another fail for the Trump Derangement Syndrome syndicate! Winning!
Jerry

Which just further points up the whole ridiculous business that is the stock market.

Not so ridiculous to those who know what they are doing.

This wasnt a wall street crash ,,,It was a harvest by the big boys,, nothing more

They are starting to show they will do what it takes to minimize the damage.

Lots of shorts gonna do well!!

Wait! I thought this was the end...........

Market has not found the bottom. This was a dead cat bounce, with volatility indexes still through the roof. It cracks me up when, followed by s 2,000 point drop, the very next day, a 1,900 point gain has people saying, "See??"

They are both bad. They are both volatile. And the market has not yet found it's bottom.

I'd rather see a 100 pt gain for 10 days. The stock market is nothing but a shell game or Ponzi scheme at best.

Originally Posted by duck911

Market has not found the bottom. This was a dead cat bounce, with volatility indexes still through the roof. It cracks me up when, followed by s 2,000 point drop, the very next day, a 1,900 point gain has people saying, "See??"

They are both bad. They are both volatile. And the market has not yet found it's bottom.

What is your data to back up your assumption?

Originally Posted by duck911

Market has not found the bottom. This was a dead cat bounce, with volatility indexes still through the roof. It cracks me up when, followed by s 2,000 point drop, the very next day, a 1,900 point gain has people saying, "See??"

They are both bad. They are both volatile. And the market has not yet found it's bottom.

Waiting to see if the "uneducated ignorant people", calling me ignorant on here, have the balls to come pile on you for stating the same facts I have.

[tapping fingers on desk and counting down....In...3...2...1...]

Anyone who knows their stuff and thinks the stock market has any relation to reality is not getting rich off it. It is all perception.

Unfortunately, I'm with perception like I am with wits. Had one of each once, and they were both wrong.

lol, I am only half-wrong

but ALL the time

Originally Posted by WTM45

Originally Posted by duck911

Market has not found the bottom. This was a dead cat bounce, with volatility indexes still through the roof. It cracks me up when, followed by s 2,000 point drop, the very next day, a 1,900 point gain has people saying, "See??"

They are both bad. They are both volatile. And the market has not yet found it's bottom.

What is your data to back up your assumption?

Common sense, and technical data such as the VIX and VVIX.

Do you think the companies on the exchange are 20% less profitable than they were 2 weeks ago? Do you think they lost 10% of their business yesterday, and gained back 9% today?

Of course not. Double-digit swings like we have seen the last 2 weeks have never happened in modern history. It is UNPRECEDENTED. And violent.

To think this was a happy bounce off the bottom and the start of the big climb to 30,000, is actually pretty laughable.

I'm not a doomsayer. I think the market bottom will be much higher (maybe 18,000) than many on here, because fundamentals are sound and this is NOT a financial crisis. This is a CONFIDENCE crisis driven by the virus. And I am dollar cost averaging cash I have on the sidelines into the market, but not until next week at the earliest.

It’s a crazy ride, I think Dumbocrats and their right arm are hyping this up. They hope to derail Trump.

Originally Posted by duck911

I'm not a doomsayer. I think the market bottom will be much higher (maybe 18,000) than many on here, because fundamentals are sound and this is NOT a financial crisis. This is a CONFIDENCE crisis driven by the virus. And I am dollar cost averaging cash I have on the sidelines into the market, but not until next week at the earliest.

If fundamentals were sound, there would've been NO need for the government to throw $4.5 Trillion into the system, over the period of a whole month.

That cold hard fact is non-refutable hard evidence to prove it is in fact a financial crisis.

Originally Posted by hanco

It’s a crazy ride, I think Dumbocrats and their right arm are hyping this up. They hope to derail Trump.

I think it is the market reacting to possibility of stagnant or negative GDP growth, the realization that there might be delayed or reduced revenues and earnings reports in the future for publicly traded companies, exacerbated by the virus hype. I really believe this is a confidence crisis, not a left-wing conspiracy or financial crisis.

The crazy, batchit crazy left wing socialist mass media isn't helping, but they can't help that, bless their little hearts. At least some of us here see them for who they are.

Originally Posted by ElkSlayer91

Originally Posted by duck911

I'm not a doomsayer. I think the market bottom will be much higher (maybe 18,000) than many on here, because fundamentals are sound and this is NOT a financial crisis. This is a CONFIDENCE crisis driven by the virus. And I am dollar cost averaging cash I have on the sidelines into the market, but not until next week at the earliest.

If fundamentals were sound, there would've been NO need for the government to throw $4.5 Trillion into the system, over the period of a whole month.

That cold hard fact is non-refutable hard evidence to prove it is in fact a financial crisis.

No, the confidence crisis (see above) and resulting market volatility (see above) are causing a disproportionate amount of investors to flock to cash/bonds, which is causing a temporary liquidity issue. It's not some underlying ticking time-bomb. It is a point in time in history where hospital ER's, COVID test kits, and the bond markets are being tested to their limits.

The fact that the bond markets are falling WITH the equity markets illustrate the uniqueness of the situation.

Crap! I had some chores to do and was going to get to the bank PM, cash some bonds, and pick up some stock. Story of my life, always a day late. Maybe if the virus takes off, I'll get a second chance.

Fingers crossed,

Yep - the Bear market is officially over after one uptick day. Nothing to worry about now.

I hear the airlines will be looking for a bailout soon - I wonder who's going to fund that?

Bernie can handle it, No Problem
lol

Originally Posted by kid0917

yes, happened while he was on the air, didn't it....

Yep

Originally Posted by tedthorn

Originally Posted by kid0917

yes, happened while he was on the air, didn't it....

Yep

just big players, getting bigger, I think
I am still clucking like a chicken

Originally Posted by duck911

Originally Posted by ElkSlayer91

Originally Posted by duck911

I'm not a doomsayer. I think the market bottom will be much higher (maybe 18,000) than many on here, because fundamentals are sound and this is NOT a financial crisis. This is a CONFIDENCE crisis driven by the virus. And I am dollar cost averaging cash I have on the sidelines into the market, but not until next week at the earliest.

If fundamentals were sound, there would've been NO need for the government to throw $4.5 Trillion into the system, over the period of a whole month.

That cold hard fact is non-refutable hard evidence to prove it is in fact a financial crisis.

No, the confidence crisis (see above) and resulting market volatility (see above) are causing a disproportionate amount of investors to flock to cash/bonds, which is causing a temporary liquidity issue. It's not some underlying ticking time-bomb. It is a point in time in history where hospital ER's, COVID test kits, and the bond markets are being tested to their limits.

The fact that the bond markets are falling WITH the equity markets illustrate the uniqueness of the situation.

So it’s “only” the bond market that needs $4,500,000,000,000.00 (4.5 Trillion), to keep it afloat, gotcha.

/sarcasm

Originally Posted by WTM45

Not so ridiculous to those who know what they are doing.

It is a way to make money for those that know and understand how to game it, but the hows and whys behind its movements are ridiculous.

Trump studied last night:

See what happens when McConnell leaves the swamp?