CAPE is down to around 24. If an investor actually believes in value, that should be very attractive.
CAPE is down to around 24. If an investor actually believes in value, that should be very attractive.
Ok as I was typing that futures hit limit up. Symmetry achieved.
Remember these days, dgtd people.
Euro markets all well up.
Except Germany which is down over 7%?
Giles Corey wrote:
Euro markets all well up.
Except Germany which is down over 7%?
Nah germany is up 6-7% with the rest of them.
https://money.cnn.com/data/world_markets/europe/agip wrote:
Giles Corey wrote:
Euro markets all well up.
Except Germany which is down over 7%?
Nah germany is up 6-7% with the rest of them.
DAX (Germany) down 7.15%.
Nah that’s some kind of coding error.
Remember not to trust the dead cat bounce. Nothing is different from yesterday to today... Today will be a good day to cash out if for some reason you haven't already.
Expect another bloodbath Monday as death toll and cases rise over the weekend.
agip wrote:
Nah that’s some kind of coding error.
How do you know this?
BmoreRunner wrote:
Remember not to trust the dead cat bounce. Nothing is different from yesterday to today... Today will be a good day to cash out if for some reason you haven't already.
Expect another bloodbath Monday as death toll and cases rise over the weekend.
It is my guess that the sell-off will continue.
Some bounce back this morning.....but I do think the downward trend will continue for several days.
Number of new coronavirus cases in China was been going down and down for 2 weeks.
Obviously good news. But Chinese govt can do things most can't so not sure this is necessarily good news for America
Wrong as always about the virus.
Germany is down because they’ve just released logical estimates:
60-70% will get virus, of whom 20% will be hospitalized. Germany is possibly the best-prepared nation on Earth, but they have stated that the only reasonable goal is to keep all these people from getting sick at once. Which means provisionally quarantining everyone, except for vital errands.
Please, agip, wake up!
Giles Corey wrote:
Maserati wrote:
The Dow was 29,500, 2.5 years ago??
The Dow Jones is 21,200 at close 3/13.
What does 29,500 have to do with anything?
The S+P 500 is 2480...which is where it was in July of 2017. Which is more than 2.5 years ago.
Do you really need this stuff explained to you?
What does 21,200 on 3/13 have to do with the post to which I was responding?
Nothing.
Relax Giles, you are too aggressive. You seem unhinged.
Futures up, but it’s like another poster said a few pages back, one day up and two days down, effectively.
We will see. Tuesday is reversal day, might be a buying opportunity if today and Monday end up well green.
agip wrote:
Would be cool to get a 7% freeze on futures on the upside this morning. Just for symmetry’s sake.
Beside normal bargain hunting, I think the low daily death numbers are starting to reassure people.
Low deaths shouldn’t reassure people yet. We have mostly new cases. Only 31 have been closed due to recovery.
jesseriley wrote:
Wrong as always about the virus.
Germany is down because they’ve just released logical estimates:
60-70% will get virus, of whom 20% will be hospitalized. Germany is possibly the best-prepared nation on Earth, but they have stated that the only reasonable goal is to keep all these people from getting sick at once. Which means provisionally quarantining everyone, except for vital errands.
Please, agip, wake up!
this thing has been raging through europe for a month now jesse. And daily deaths are still in the single digits except for Italy, Iran, Spain. And when I spot checked last night daily death counts were FALLING in every nation but a couple. Falling in Italy too.
So I'll ask you Sally - at what point do we acknowledge the low and falling daily death count? It's a serious question and I think your angry shouting isn't getting us any closer to an answer.
Ghost of Igloi wrote:
DanM wrote:
DJIA at close 1987-10-19: 1,738.74
DJIA at close 2020-03-12: 21,200.62
More than 12 times your money in 33 years.
Sounds like a good deal to me.
How about 29,500 to 21,500 in three weeks?
Sounds like a bad deal to me.
GILES, thisnis the post to which I was responding, the “that loss” to which I referred.
Try to keep up to speed.
Maserati wrote:
Giles Corey wrote:
The Dow was 29,500, 2.5 years ago??
The Dow Jones is 21,200 at close 3/13.
What does 29,500 have to do with anything?
The S+P 500 is 2480...which is where it was in July of 2017. Which is more than 2.5 years ago.
Do you really need this stuff explained to you?
What does 21,200 on 3/13 have to do with the post to which I was responding?
Nothing.
Relax Giles, you are too aggressive. You seem unhinged.
R U really this dumb? Dow closed yesterday at 21,300. Same level it was at 2.5 years ago. You throw in a 29,500 number taken out of thin air.
Ghost of Igloi wrote:
Your more ignorant than I thought if you still believe I am your other obsession. You have to be the strangest person on LRC.
Oh, the irony!
jesseriley wrote:
Wrong as always about the virus.
Germany is down because they’ve just released logical estimates:
60-70% will get virus, of whom 20% will be hospitalized. Germany is possibly the best-prepared nation on Earth, but they have stated that the only reasonable goal is to keep all these people from getting sick at once. Which means provisionally quarantining everyone, except for vital errands.
Please, agip, wake up!
That's what I am seeing: "European markets are mixed today. The FTSE 100 is up 7.88% while the CAC 40 gains 7.77%. The DAX is off 5.95%."
Irony Mann wrote:
Ghost of Igloi wrote:
Your more ignorant than I thought if you still believe I am your other obsession. You have to be the strangest person on LRC.
Oh, the irony!
Your continued creativity and ingenuity amazes all.
How do you keep coming up with such witty new material?
Giles Corey wrote:
jesseriley wrote:
Wrong as always about the virus.
Germany is down because they’ve just released logical estimates:
60-70% will get virus, of whom 20% will be hospitalized. Germany is possibly the best-prepared nation on Earth, but they have stated that the only reasonable goal is to keep all these people from getting sick at once. Which means provisionally quarantining everyone, except for vital errands.
Please, agip, wake up!
That's what I am seeing: "European markets are mixed today. The FTSE 100 is up 7.88% while the CAC 40 gains 7.77%. The DAX is off 5.95%."
I'm seeing in multiple places Germany being up the same as other europe countries.
https://www.google.com/search?q=fdax+index&rlz=1C1CHBF_enUS820US820&oq=fdax+index&aqs=chrome..69i57j0l7.2191j1j7&sourceid=chrome&ie=UTF-8