I find myself wondering if the next time the elitists try to pull some stock market crap, if we should mass buy stocks in twitter or something. Would it work?
Only if you can buy more than they can. But, conservatives investing in these leftist companies on a mass scale would eventually work if we hang on to the stock long enough to get leverage and vote in conservative board members.
If this rise holds up at the market open, it looks like the major indexes will establish a rising channel of higher highs and higher lows, which looks good in the near term.
And if we make it through to opening up the country again without any nasty surprises, this rising channel will serve as the right-side of a v-shaped recovery.
New York Reports First Decline in Daily Coronavirus Deaths. New York State reported 594 new coronavirus deaths on Sunday, fewer than the 630 it reported on Saturday, Governor Andrew Cuomo said at his daily news briefing. The state has had 4,159 fatalities so far. “You could argue that you are seeing a plateauing,” he told reporters in Albany. “Next week they will tell you whether we are on a plateau or is it just a blip,” he said, referring to statisticians.
New hospitalizations dropped to 574 on Sunday from 1,095, Cuomo said. He said 74% of those hospitalized have been discharged.
Crude is currently climbing back from yesterday's losses. Should be interesting to see what happens on Thursday, could be a really big pop for oil prices or a really steep decline depending on how the meeting on production cuts goes. The meeting of Russia and OPEC+ now includes the US. Not sure what they'll want from the US since cuts come naturally in the US oil market and Trump doesn't have much control over it. Anyways, I expect a slow price run up to Thursday's meeting from now to then, unless there's some indications or leaks that the meeting will go sour.
Does seem like the bottom on equities could be in. Dow, Nasdaq, & S&P looking good right now. I guess people think we're hitting peak virus and see the light at the end of the tunnel.
I think if the Thursday oil meeting goes well and there's an announcement of significant cuts in production you'll get a big pop on price off the announcement up until US markets close that day, and then from there you'll probably see a correctional pullback.
Further out, there's probably no fixing the oversupply issue if people don't get back to traveling and I just have a feeling this virus and fear of the virus will linger and keep demand side really weak for next 2 or 3 months which will most likely max out reserves and storage. Analysts predict oversupply even with the projected cuts. I think I'll be short oil after Thursday or during Thursday if the meeting falls apart.
I just wonder if Trump really will come in with tariffs on foreign oil to bolster US oil, not sure how that would play politically for him, but I do think keeping our oil industry alive and well is definitely in the best interests of the US citizens. I'll have to try to buy into that if I think he'll actually do it.
I find myself wondering if the next time the elitists try to pull some stock market crap, if we should mass buy stocks in twitter or something. Would it work?
Hmmmm...
Only if you can buy more than they can. But, conservatives investing in these leftist companies on a mass scale would eventually work if we hang on to the stock long enough to get leverage and vote in conservative board members.
hopefully it translates to gainz tomorrow. we dont need more massive 3000 pts selloffs.
If this rise holds up at the market open, it looks like the major indexes will establish a rising channel of higher highs and higher lows, which looks good in the near term.
And if we make it through to opening up the country again without any nasty surprises, this rising channel will serve as the right-side of a v-shaped recovery.
There will still be cases after the economy is opened up, but likely few and we now have treatments that work. There are people over 100 surviving.
I triple leveraged bull on Friday. I’m hoping a 1000pt pop
Not leveraged but all in spy calls and such April 17th through May 1st
New York Reports First Decline in Daily Coronavirus Deaths. New York State reported 594 new coronavirus deaths on Sunday, fewer than the 630 it reported on Saturday, Governor Andrew Cuomo said at his daily news briefing. The state has had 4,159 fatalities so far. “You could argue that you are seeing a plateauing,” he told reporters in Albany. “Next week they will tell you whether we are on a plateau or is it just a blip,” he said, referring to statisticians.
New hospitalizations dropped to 574 on Sunday from 1,095, Cuomo said. He said 74% of those hospitalized have been discharged.
But, but, muy models had the hospitals overflowing and people dying in the streets by now.
They are using hydroxycloraquine (sp?) and Z-packs pretty heavily in NYC now. Lockdown is also cutting new cases.
I learned from the news an hour ago that you should fear rallies.
Crude is down. Russia and OPEC postponed their meeting on oil cuts to Thursday.
Crude is currently climbing back from yesterday's losses. Should be interesting to see what happens on Thursday, could be a really big pop for oil prices or a really steep decline depending on how the meeting on production cuts goes. The meeting of Russia and OPEC+ now includes the US. Not sure what they'll want from the US since cuts come naturally in the US oil market and Trump doesn't have much control over it. Anyways, I expect a slow price run up to Thursday's meeting from now to then, unless there's some indications or leaks that the meeting will go sour.
Does seem like the bottom on equities could be in. Dow, Nasdaq, & S&P looking good right now. I guess people think we're hitting peak virus and see the light at the end of the tunnel.
I think if the Thursday oil meeting goes well and there's an announcement of significant cuts in production you'll get a big pop on price off the announcement up until US markets close that day, and then from there you'll probably see a correctional pullback.
Further out, there's probably no fixing the oversupply issue if people don't get back to traveling and I just have a feeling this virus and fear of the virus will linger and keep demand side really weak for next 2 or 3 months which will most likely max out reserves and storage. Analysts predict oversupply even with the projected cuts. I think I'll be short oil after Thursday or during Thursday if the meeting falls apart.
I just wonder if Trump really will come in with tariffs on foreign oil to bolster US oil, not sure how that would play politically for him, but I do think keeping our oil industry alive and well is definitely in the best interests of the US citizens. I'll have to try to buy into that if I think he'll actually do it.
Where are you seeing the Crude Futures?
Just as long as the oil prices stay around $30 and gas prices around $1.50.
However, here in NY they have yet to drop below $2.
I saw 1.97 on LI