Author Topic: Dow?  (Read 420223 times)

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Offline Compressed-Village

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Re: Dow?
« Reply #1440 on: May 28, 2020, 08:55:47 AM »
The last cold war bankrupted one of the combatants.  The next one might as well.  I hope we pick our battles carefully and never forget that we are playing with gasoline near a camp fire.

The U.S. and China have been in a currency war since 2010 and a trade war since 2018. Then came the Wuhan virus pandemic. Now, U.S.-China relations are getting worse not just in the economic sphere, but also in the geopolitical sphere. The story’s rather complicated.

Venezuela is desperate to generate oil revenue. Iran has the technology to help Venezuela, but it wants payment in gold because the U.S. has shut Iran out of the global payments system. Iran also wants weapons technology from China. Meanwhile, China wants all the gold it can get. So a three-party deal was worked out whereby all parties get what they want.

This is just one more point of escalation of tensions between the U.S. and China. It also means it’s easier to stumble into a shooting war.

https://m.washingtontimes.com/news/2020/may/19/us-accuses-china-helping-iran-move-weapons-smuggle/





Offline momopi

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Re: Dow?
« Reply #1441 on: May 29, 2020, 04:59:53 PM »

That was...  quite a whiplash from Dow today.


Offline Compressed-Village

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Re: Dow?
« Reply #1442 on: May 29, 2020, 07:59:08 PM »
Why don’t we all just stop paying our taxes all together.

The FED will come in to the rescue too.

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Offline OCLuvr

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Re: Dow?
« Reply #1443 on: June 01, 2020, 04:54:40 PM »
What is everyone predicting—Dow would be end of July?

Offline Compressed-Village

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Re: Dow?
« Reply #1444 on: June 01, 2020, 07:19:16 PM »
As long as the FED continue to pledge donating cash away and the bots traders will respond with upward bound, there is no limit and no constraints. We don’t rely on human anymore for stocks purchases. It is being done by AI.

Offline OCLuvr

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Re: Dow?
« Reply #1445 on: June 01, 2020, 09:30:23 PM »
If AI is the real deal, why did we go down?

Offline momopi

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Re: Dow?
« Reply #1446 on: June 02, 2020, 07:03:44 AM »
I'm betting on one more dip this month with downward ladder limit orders.

Update:  setup ladder limit orders on FENY
« Last Edit: June 03, 2020, 05:24:14 PM by momopi »

Offline Compressed-Village

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Re: Dow?
« Reply #1447 on: June 02, 2020, 10:46:43 PM »
If AI is the real deal, why did we go down?

Global Call for the dollars to meet obligation to cover debts. When you have global forced sales and the need to have liquidity to sell at whatever the price, the downward sell was quick and deep.

Offline aquabliss

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Re: Dow?
« Reply #1448 on: June 05, 2020, 08:09:48 AM »
Traders dream...investors nightmare.  21% on BA in 48 hours...I’ll take that thank you...moving on.

Shoulda held on MK, over $200 now.  Hindsight always 20/20. 

Offline morekaos

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Re: Dow?
« Reply #1449 on: June 05, 2020, 08:18:48 AM »
lots of volatility these next few weeks.  time to make some money  >:D

Still about 85% cash in brokerage but getting gun shy now as the overreaction is considerably worse than I thought. I’m just assuming our 401ks are going to lose 50%.

I still think the comeback will be swift in the second half of the year if things resume back to normal in 2-3 weeks. I need to remind myself that things will get better over the longer term but getting a little bit harder every day.

Although the psychological impact of this may be longer lasting than I first anticipated so that bounce may not be as swift after all. Who knows.

Morekaos seems to have nerves of steel so maybe I’ll give him my money and let him manage it. 


Dow was 20188, Like taking candy from a baby?  You know the OTC market is now flat for the year?

You must always think different...


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Offline morekaos

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Re: Dow?
« Reply #1450 on: June 05, 2020, 08:21:48 AM »
Traders dream...investors nightmare.  21% on BA in 48 hours...I’ll take that thank you...moving on.

Shoulda held on MK, over $200 now.  Hindsight always 20/20. 

My traders moved on, they have dated many since and scored well...some investors did keep it..they also scored...#winning

Offline morekaos

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Re: Dow?
« Reply #1451 on: June 05, 2020, 08:30:44 AM »
I always say...people underestimate America....we are Americans...with a capital “A”!!!

Blowout jobs report justifies stock surge, bond market sell off
Stocks surged and bonds sold off after the surprise record gain of 2.5 million jobs in May, a sharp contrast to the loss of 8.3 million jobs expected by Wall Street economists.
Industrials, financials and real estate led Friday’s rally, all sectors that benefit most from an economic rebound.
Bonds have joined the reopening trade for the first time, selling off significantly this week, as data has improved.

https://www.cnbc.com/2020/06/05/blowout-jobs-report-justifies-stock-surge-bond-market-sell-off.html?



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Offline Compressed-Village

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Re: Dow?
« Reply #1452 on: June 05, 2020, 09:32:34 AM »
MILK SHAKE THEORY.

Offline morekaos

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Re: Dow?
« Reply #1453 on: June 05, 2020, 09:34:16 AM »
...or now for the sheeple...FOMO

Offline Compressed-Village

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Re: Dow?
« Reply #1454 on: June 05, 2020, 10:22:13 AM »
The FED is trying to fill all that holes. The rally is a a result of over promised. It’s like the ship is taking on waters and more holes are being bore than the plugs is available. So the water is slowing down, none the less it still taking on water. At some points the plugs all use up and more and more water filling in. Then the only other way is to abandon ship and build a new one.

 

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