Your incessant harassing posts are like a turd on a shoe. A smelly nuisance with wasteful substance.
Your incessant harassing posts are like a turd on a shoe. A smelly nuisance with wasteful substance.
Futures roll over. The more policy makers do, the more the market loses confidence. There may be reflex rallies, but face it, buy on the dip is dead. You lose, trapped in your trades. Just not fun anymore.
My wife calls it “acid reflux rallies.”
S and P Futures currently down to 2290. What will be the bottom? When? Given the dramatically fast pace to all this and the fact it's based on a virus that is modeled to not be much of a problem 6 weeks from now, I have to think this will be a fairly short-lived disaster/opportunity. We very well could be hitting record highs again a year from now.
Futures limit down. What a disaster. IMO, big tech was complicit in this by not allowing sharing of the real situation. By labeling it misinformation and to say get your info from sources that claimed at the time it was not a big deal. This seems like a big deal now.
Might have to read his book wrote:
S and P Futures currently down to 2290. What will be the bottom? When? Given the dramatically fast pace to all this and the fact it's based on a virus that is modeled to not be much of a problem 6 weeks from now, I have to think this will be a fairly short-lived disaster/opportunity. We very well could be hitting record highs again a year from now.
Where's that model? My non-scientific belief is it'll slow down soon with warmer weather. A hunch based on Singapore holding it off.
I think market bounces back. I have no idea where the bottom is. I'm buying the falling knifes.
The problem now is there's an 18 month story out there driving this down further. From the UK? If really 18 months, why is Boston postponed only and not cancelled.
futures no longer pinned. coming back up.
Hey, would you guys be worried about having cash in the Federated PRIME CASH OBLIGATIONS FUND at this time? I've been using a daily sweep into it for a couple of my brokerage accounts for about a year now, and it pulls down maybe about 2% in interest a year. I know we talked about it before, but i'd be lying if i said these last couple of weeks haven't made me just a wee bit nervous. Thanks for your thoughts on this. Wondering if this isn't the wrong time to be in something like that.
nsadaq futures just ticked...... positve!
up goes the dow wrote:Futures limit down.
Where are you seeing that? CNBC website is currently showing futures slightly in the green.
ECB announces trillion-dollar relief package, stock markets up slightly.
Bear in mind these are socialistic measures in countries that already embrace a vast safety net. Guess what’s coming to USA? Actually already here; two “relief” bills passed, #3 on the way.
jesseriley wrote:
ECB announces trillion-dollar relief package, stock markets up slightly.
Bear in mind these are socialistic measures in countries that already embrace a vast safety net. Guess what’s coming to USA? Actually already here; two “relief” bills passed, #3 on the way.
still too slow
Australia to seal borders Friday. Expected to last for six months.
Futures back deep in the red... Glad my buy orders didn't go through yesterday.
seattle prattle wrote:
Hey, would you guys be worried about having cash in the Federated PRIME CASH OBLIGATIONS FUND at this time? I've been using a daily sweep into it for a couple of my brokerage accounts for about a year now, and it pulls down maybe about 2% in interest a year. I know we talked about it before, but i'd be lying if i said these last couple of weeks haven't made me just a wee bit nervous. Thanks for your thoughts on this. Wondering if this isn't the wrong time to be in something like that.
Seattle,
Personally, I make sure all my clients, and include myself, are in only FDIC Insured bank deposit money markets. Fed is intervening to back stop commercial paper used in money market operations in order to try to prevent them from “breaking the buck.” During the Financial Crisis Lehman Brothers paper trading at zero value caused several money markets fall below $1.00 Net Asset Value (NAV).
Igy
Wuhan reports no new virus cases, offering hope to the world.
AOL headlines today.
Getting ready for the bounce-back?
Giles Corey wrote:
Wuhan reports no new virus cases, offering hope to the world.
AOL headlines today.
Getting ready for the bounce-back?
No.
Dow futures cruising along around 275 down, more or less meaningless.
This is where I watch the dow futures: