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DrStool

Muhammad Ali Financial Crisis 3/19/20

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If 2008 was the Great Financial Crisis, today's crisis can say, "I am the Greatest!"

 

 

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Treasury coupons trading like bellies. I suppose in the worst case sides of bacon might be worth more too.

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I don't watch it, but hear that they just trotted out a bear on Crapvision.  If so, I'm guessing that we're nearing face-ripping rally time.

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US jobless claims jumped by 70,000 last week (the week ending Saturday, March 14). Last week: 281,000 Prior week: 211,000

 

This doesn't even include the numbers from Monday on when things really ramped up. 

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Still don't like what Bitcoin is doin. Smells fishy, but not in favour for the bears...

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If they clear 2400, yes. 

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1 minute ago, DrStool said:

If they clear 2400, yes. 

Seems so - some "cloud" stocks are going green - BOX, DBX, DOCU... they are junk stocks but they tend to catch the bid early in a turn around. 

Also big banks starting to turn up. 

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DAX monthly

log chart with lin fibos

around 8000 there is monster support. Very tough nut to crack. Maybe got to built up steam first due to an upmove before it is has power to crack 8k

 

20200319DAXmonthly.png

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SIP - this one is a good find! I had missed it. Thanks for posting all those links! 

Monoclonal antibodies against SARS-CoV-2 could be a life saver for anyone with a severe case. I hope they get these into production soon:

https://www.biorxiv.org/content/10.1101/2020.03.11.987958v1

 

Full PDF:

https://www.biorxiv.org/content/10.1101/2020.03.11.987958v1.full.pdf

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