Coronavirus Stock Market buy off.

[Ricboff]

with the breadth and size of this move it strongly suggests continuation. Broke the top of the box, IN ONE DAY, LOL!! Lots of buy stop orders were triggered just past said top , hell some got 20 pts on the spy in 1 minute , the last 15 minutes was awesome. Ideally, for tomorrow /coming days not to come down more than 1/2 the length of the ES candle print today, but i'd say a pullback as far as $2565ish is still okay.
The VIX (inversely related to the SPY) didnt get hammered , and its approaching a support level ,actually had a small green candle-- eyebrow raising. .......may get some more good news on Thursday with OPEC, give it some more gas.........

on linear regression channels going back 1 yr bonds and equites r now getting back into the 2-standard deviation channel. They were in outlier territory, things remain very abnormal, .....quite frankly we dont know when people get back to work and the markets are suggesting earlier than later from today's action perhaps. They maybe in for a surprise


my 2 cents.....

 

[Ricboff]

apprently OPEC will agree to cut prodcution at the Thursday meeting as long as the US cuts as well


popcorn-eatinggif

 

[TheFalls]

check these dudes out...there are some ballers in there. it's a pretty funny thread...thousands of views and the OP just does his own thing and gets dunked on in the process but never responds and keeps doing his own thing...

https://www.elitetrader.com/et/threads/es-journal-2019-2020.328086/page-1874#post-5062223

 

[RidgewoodRob]

market goin up crazy this week

 

[PatsFan1283]

Ya, face rip

That can happen when you have a gov't that will preserve equities in the short-term over pretty much anything else.

 

[snoop]

The Fed is on the mission of bailing out everyone. $6T lending facility is HUGE. Unlike the housing crash, there is not much of political resistance this time. Fed $ is going to cure COVID-19.

 

[PatsFan1283]

How long can you expand the balance sheet by 600B a week? Eventually gonna have to be some taper there.

 

[Mobdeeper7239]

True or not Trump has stock in Hydroxychloroquine?

 

[Mobdeeper7239]

https://www.thedailybeast.com/trump...l-interest-in-hydroxychloroquine-manufacturer


The businessman strikes again. Lmfao. Classic

 

[TheFalls]

True or not Trump has stock in Hydroxychloroquine?

how can you be in every single thread I open? please stay out of the adult pool here...

 

[Mobdeeper7239]

how can you be in every single thread I open? please stay out of the adult pool here...

One of the realest you’ve ever seen on this planet. That’s why.


He’s got stake in a lot of businesses. But point being he shouldn’t be pushing anything. He’s not a doctor. It’s a bad look.

 

[Mobdeeper7239]

The largest shareholder in Sanofi donates to the Republican Party. Trump is scratching his back. Not just his own personal accounts but connections to people.

 

[Meano]

One of the realest you’ve ever seen on this planet. That’s why.


He’s got stake in a lot of businesses. But point being he shouldn’t be pushing anything. He’s not a doctor. It’s a bad look.

Youre really that full of yourself? Grow up you chump, why come in here and say something that has absolutely nothing to do with the current topic being discussed in the thread?

 

[Mobdeeper7239]

Youre really that full of yourself? Grow up you chump, why come in here and say something that has absolutely nothing to do with the current topic being discussed in the thread?

Stock investment thread? And I’m talking about Trumps stocks and his connection to the drug. Sounds like the right thread to me. There are so many threads on this shit. I’m not Enflameo and dipshitzit or mr bet it all. Enflameo has over 30 coronavirus created threads. Maybe you like that.... I don’t

 

[Ricboff]

'top end $263ish . A break above this? could easily run $275-280. '

hit $275 today, gap up and getting stretched from the 8 ema, red flag

VIX

6 month daily

8 ema

with that candle presenting on another big green day?......obviosuly people are hedging this crazy run


the day is young...................a break of today's high on the ES and 2789 is 'gettable'

 

[Meano]

Stock investment thread? And I’m talking about Trumps stocks and his connection to the drug. Sounds like the right thread to me. There are so many threads on this shit. I’m not Enflameo and dipshitzit or mr bet it all. Enflameo has over 30 coronavirus related threads. Maybe you like that.... I don’t

Yes stock investment thread. Your statement parallels the idea that the president has had ulterior motives through the course of this event. It doesn't address anything that has been discussed so far in this thread. And you know thats exactly what youre trying to portray.

 

[Mobdeeper7239]

Yes stock investment thread. Your statement parallels the idea that the president has had ulterior motives through the course of this event. It doesn't address anything that has been discussed so far in this thread. And you know thats exactly what youre trying to portray.

So you would suggest I create a whole new topic on trumps affiliation with why he’s pushing this drug? I’d personally rather not. Couple comments over the forum is enough for me. I don’t need to make a new thread every time like Enflameo

 

[Meano]

So you would suggest I create a whole new topic on trumps affiliation with why he’s pushing this drug? I’d personally rather not. Couple comments over the forum is enough for me. I don’t need to make a new thread every time like Enflameo

You mention it in every thread. And then go on rants about how awesome and smart you are. Gets old, and makes threads a mess. Case and point this one. These guys dont wanna read thru your bullshit

 

[Mobdeeper7239]

You mention it in every thread. And then go on rants about how awesome and smart you are. Gets old, and makes threads a mess. Case and point this one. These guys dont wanna read thru your bullshit

Why the fuck do you think I am doing that? Take a look around. We have klan members here who legit thought this virus was only about getting trump out of office. Think about that for a second..... honestly after that I do not give a flying fuck who dislikes reading thru “my bullshit”

maybe you should wise up

 

[snoop]

How long can you expand the balance sheet by 600B a week? Eventually gonna have to be some taper there.

Or they can write off some of the Fed holding starting with student loan. Even conservative would agree the current student loan debt load is unsustainable. It's a nightmare for the class of 2020. Even when some of them could find a job, they likely start with a min wage of $15/hr.

The coronavirus has changed consumers behavior fundamentally, anyone is hoping for a quick turnaround could be in for a disappointment.

10+ % UE rate is a new normal for the next 3-4 yrs.