DrStool Posted March 30, 2020 Author Report Share Posted March 30, 2020 DTL 2580 ES Link to comment Share on other sites More sharing options...
DrStool Posted March 30, 2020 Author Report Share Posted March 30, 2020 Lookout for failed breakout. Link to comment Share on other sites More sharing options...
DrStool Posted March 30, 2020 Author Report Share Posted March 30, 2020 Everybody has lost interest again. I suppose that's bearish in this market. Link to comment Share on other sites More sharing options...
Jorma Posted March 30, 2020 Report Share Posted March 30, 2020 What's the scorecard on Fed buying today? Link to comment Share on other sites More sharing options...
MisFit Kid Posted March 30, 2020 Report Share Posted March 30, 2020 Did the Fed Buy Time, or Buy Catastrophe? 3/30/20 YES and today is bought at all cost......EOQ 2600 or Bust >: "This Is Not The Time To Worry About Moral Hazard", as said by a Criminal Cartel Member/Heavy Link to comment Share on other sites More sharing options...
fxfox Posted March 30, 2020 Report Share Posted March 30, 2020 If they fail to make at least a retest of last weeks high today or tomorrow that would be ultra bearish. Maybe they hold some powder dry to be able to keep the market from totally crashing when NFP are released on friday. Link to comment Share on other sites More sharing options...
DrStool Posted March 30, 2020 Author Report Share Posted March 30, 2020 4 year cycle low. Dicsucs. Link to comment Share on other sites More sharing options...
MisFit Kid Posted March 30, 2020 Report Share Posted March 30, 2020 2600 saved again easy as 3.14 Link to comment Share on other sites More sharing options...
DrStool Posted March 30, 2020 Author Report Share Posted March 30, 2020 Very bullish. Link to comment Share on other sites More sharing options...
Jimi Posted March 30, 2020 Report Share Posted March 30, 2020 13 minutes ago, DrStool said: 4 year cycle low. Dicsucs. JFC. Let's entertain it. We head up on a nominal basis. It is purchased with credit invented from thin air by the Fed. Heady inflation is let loose, it infects everything, eventually stagflation returns, along with rollerskates & short-shorts. It's incredible to think that the USG is going to go $2 trillion casually into further debt, on top of the largest peacetime deficits, at a time when it has postponed taxes due, the economy is frozen, there is no petrodollars available for recycling, and no China, Inc. dollars for recycle. We just gonna monetize prosperity. Link to comment Share on other sites More sharing options...
sandy beach Posted March 30, 2020 Report Share Posted March 30, 2020 This is a very helpful link - you can view all of US but the top drop down let's you look at numbers for your own state for bed, ICU and ventilator shortages. This is from WU and based on their model I would say this will start of noisy (wrong) but as time goes on will get more and more accurate. So you can get a pretty good idea if you should stay in your state if you are at risk. California is in good shape in terms of ICU/Beds but we need more than a thousand ventilators. New York needs to massively expand. http://covid19.healthdata.org/projections Link to comment Share on other sites More sharing options...
MisFit Kid Posted March 30, 2020 Report Share Posted March 30, 2020 "We just gonna monetize prosperity. " a monetized Gilded Age? Link to comment Share on other sites More sharing options...
fxfox Posted March 30, 2020 Report Share Posted March 30, 2020 29 minutes ago, DrStool said: 4 year cycle low. Dicsucs. What? You mean the 4 year cycle low is in? 😳 Link to comment Share on other sites More sharing options...
sandy beach Posted March 30, 2020 Report Share Posted March 30, 2020 This market is way more optimistic than I am. I just don't get it. Maybe it's just like Jimi says above - inflation adjusted nominal move. But I see consumer credit, the oil industry, mortgages, small businesses all just getting destroyed over the next few months. I've been busy reading about the disease so much I really need to catch up on my reading on the economy so I can understand this move. One note though - I'm not big on investing in companies that are running drug trials and vaccines in a pandemic. They will make some money but it won't be a huge payday most likely. They will have some one off revenue and they will likely need to deep discount prices because this is a national emergency. Link to comment Share on other sites More sharing options...
Jorma Posted March 30, 2020 Report Share Posted March 30, 2020 Don't confuse the economy with the market averages. Especially at this point when virtually none of the new money, probably approaching a trillion bucks, has trickled out of the financial system. Link to comment Share on other sites More sharing options...
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