Article

2020-04-06 Economy

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Posted by Fred 2020-04-06 00:00|| || Front Page|| [11136 views ] Top

#1 = a Buy signal. Maximum panic, total capitulation.

Posted by Lex 2020-04-06 00:14|| 2020-04-06 00:14|| Front Page Top

#2 I would offer that the Street's confusion stems from not knowing what direction the post-virus US-China trade situation may take. The sword of Damocles should be hanging over the heads of our box stores.

I suspect all sins will be forgiven once the crisis has ended, but with the Orange Man no one can be certain.

Posted by Besoeker 2020-04-06 02:16|| 2020-04-06 02:16|| Front Page Top

#3 I'd suggest they never know nada - they're like tribal shamans: dancing in masks and calling on spirits, and getting away with it because there is nothing to compare them with.

Posted by g(r)omgoru 2020-04-06 02:29|| 2020-04-06 02:29|| Front Page Top

#4 Stock markets go up for expectations of
Wealth creation
Rent-Seeking
Inflation

Posted by Bright Pebbles 2020-04-06 03:39|| 2020-04-06 03:39|| Front Page Top

#5 "Wall Street did what it does best this week , it panicked."

Louis Rukeyser

Posted by AlanC 2020-04-06 07:57|| 2020-04-06 07:57|| Front Page Top

#6 If everybody knew, the information would be worthless...

Posted by M. Murcek 2020-04-06 10:47|| 2020-04-06 10:47|| Front Page Top

#7 @#5 - LOL - I miss L.R!

Posted by Anomalous Sources 2020-04-06 10:49|| 2020-04-06 10:49|| Front Page Top

#8 I suspect a number of cool heads are gobbling things up for the day when things return to normal a few will join the super wealthy.

Posted by rjschwarz 2020-04-06 12:08|| 2020-04-06 12:08|| Front Page Top

#9 Rukeyser’s show was always buy some, sell some. Never totally wrong, never totally right. The subscription fees just keep rolling in.

Posted by KBK 2020-04-06 13:16|| 2020-04-06 13:16|| Front Page Top

#10 No Rukeyser here.

Predict that the market will bottom out within next few weeks and recover rapidly.

The real economy will take longer but confidence will return and OrangeMan will be re-elected.

And yes, I've (already started to) put my $$ where my mouth is. Risk on.

Posted by Lex 2020-04-06 18:11|| 2020-04-06 18:11|| Front Page Top

#11 Dow up 1600+ today

Posted by Frank G 2020-04-06 18:24|| 2020-04-06 18:24|| Front Page Top

#12 It will bounce up and down in the next few weeks but Trump and various governors will start to relax the lockdown sooner than expected and the voices of confidence will become louder. Smart money's being deployed now.

Posted by Lex 2020-04-06 18:44|| 2020-04-06 18:44|| Front Page Top

#13 I've let my 401K ride...

Posted by Frank G 2020-04-06 19:53|| 2020-04-06 19:53|| Front Page Top

#14 Don't sell. Lock & load.

Posted by Lex 2020-04-06 22:44|| 2020-04-06 22:44|| Front Page Top

22:57 Clem
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21:34 Frank G
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21:06 Old Patriot
21:00 crazyhorse
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20:56 Seeking Cure For Ignorance
20:54 Old Patriot
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20:41 KBK
20:41 Old Patriot
20:41 Thaith Elmeresing6163
20:24 3dc
20:18 bbrewer126
20:11 Dr. Wheat Faartz007
20:11 Woodrow
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