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Rebound! 4/6/20

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A massive rebound is under way in the futures. The crisis is ended. Praise the load. 

Dicsucs.

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My wife's sister is an ER doctor in LA County. They spoke Friday. She and her staff are dangerously low on masks. Armstrong and his citizen-jerkoffs can get in line behind the Fox cult-of-persona

Verb tense.  Whenever they say, on the brink, on the verge, or about to, it means that it has already happened, and it's too late. 

credit boom

8 minutes ago, DrStool said:

A massive rebound is under way in the futures. The crisis is ended. Praise the load. 

Dicsucs.

Dissucs. 😉😅

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Think like a criminal:

Let's assume the whole Corona thing will not be as bad as it was thought. So some of that stimulus and other measures will not be needed. But they will stay in the system, cause FED and other CB's will not withdraw amounts quick enough. So the whole system would be AWASH in liquidity. We gonna make then a new all time high by October and Trump gets reelected.

Sounds like a plan? That was/is the plan! That's why Goldman said GDP will go down by 20% or whatnot,  that's why regional FED headfarts said that there could be 50 million jobless. They wanted to created TOTAL PANIC so that congress is under huge pressure and signs EVERYTHING!

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Keep in mind that traders are just beginning to get to their screens on the East Coast and they're not even awake yet in Cal. I think we'll see the gains in the fucutures cut in half by the open. 

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Futures in the pre-market signal an end to the crash. Here’s what’s needed to maintain that and a few trade suggestions to take advantage.

Technical Trader subscribers, click here to download the report.

Not a subscriber? Try Lee Adler’s Technical Trader risk free for 90 days!  

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DAX just went above 10k again.

DAX has triple res around 10050 in hourly chart, if that is broken on a daily closing basis, DAX is gonna bomb hundreds of points higher.

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An OCEAN of liquidity and in a few weeks no demand anymore for it in the real economy cause Corona isn't as bad as thought after all and businesses took the chance and got rid of folks they wanted to sack since years... my ass... this is the exact recipe for an absolute TERROR move to new all time highs.

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The REIT's are acting like main street will open up in 3-4 weeks flush with cash.......

or that all of the debt is covered by the FED rain or shine......

>: 2600 or bust (QE shields UP)

>:: 1000 points of Light does not mean $hit anymore.....

 

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This is just rangebound slot racing in a totally illiquid market. They'll be selling like crazy this afternoon. 

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