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McInnis 03
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@permabear_uk: With the $SPX -110 > -25, it appears the mainstream cheerleaders are starting to behave as if Corona was just cured.
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Seriously though... bounce.. fail... bounce.... fail..... bounce...


I feel the same way about this tweet
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McInnis 03
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Bears back from lunch
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***

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Brewmaster
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boyz05 said:

gougler08 said:

Hammers looking to form everywhere, should bode well for a short term bounce back at least
Seems like everything is fragile, even short term. My worries at any moment is news from the EU on shutting anything down etc.
exactly, I think we have a ways to go to before we're out of the woods. Tomorrow could be ugly.
FriscoKid
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double bottom at ~303.68... going to get tested again.
McInnis 03
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What's the best stock bang for buck on hand sanitizer
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***

B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
ProgN
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That's one way to stop the spread.
McInnis 03
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Kim jong not playing
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***

B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
UpstateAg
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Prognightmare said:





As one does...
ProgN
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This killed the rally
McInnis 03
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It's here. We will survive. The market will need some remdesivir though
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***

B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
McInnis 03
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I just got in a plane. I'd suggest investing in Clorox and purel, it's getting plowed thru here
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***

B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
Aggie_2463
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PFE - Pfizer INC that makes Purell

$34.77
oldarmy1
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Prognightmare said:



This killed the rally
Effectively. At least I got a couple of covered calls on but goodness the churning.
oldarmy1
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That 2948 gap looms large now.
AgShaun00
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oldarmy1 said:

That 2948 gap looms large now.
buying more SPY Puts?
ProgN
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This was a political stunt to sell off the market
oldarmy1
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AgShaun00 said:

oldarmy1 said:

That 2948 gap looms large now.
buying more SPY Puts?
I moved out to a $295 $310 spread on SPY to March 2nd.

One thing you can always count on is big directional moves one way or the other. I bought the Puts first and then buying the calls.
FHUAggie
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Prognightmare said:

This was a political stunt to sell off the market


I could be way off here-I'll never be on y'all's level of market and global connectivity understanding-but this is seeming more and more likely the root of a lot of the panic:

Intentional fear mongering.
La Bamba
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Yesterday it was 84 people in a county in New York. Now it's the Ken Doll governor of California. It could be that it's just cause there's a lot of international travel to those two states... or it could be that they're both liberal POS states trying to make Trump look bad.
IrishTxAggie
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FHUAggie said:

Prognightmare said:

This was a political stunt to sell off the market


I could be way off here-I'll never be on y'all's level of market and global connectivity understanding-but this is seeming more and more likely the root of a lot of the panic:

Intentional fear mongering.
Trump has touted the market improvement his entire presidency. What better way for the media and anti-Trumpers to take him down and attack him than to kill the market by instilling panic amongst the populous.
IrishTxAggie
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La Bamba said:

Yesterday it was 84 people in a county in New York. Now it's the Ken Doll governor of California. It could be that it's just cause there's a lot of international travel to those two states... or it could be that they're both liberal POS states trying to make Trump look bad.
Seattle and Chicago see a crap ton of Asia travelers too
FrioAg 00
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Unfortunately for them this gift came too early. If they make the mistake of "Trump ruining the economy" as their central message, that blows up on them around summer time

OverSeas AG
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Every knee shall bow and every tongue shall confess
I am not friends with school shooters.
FriscoKid
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OverSeas AG said:

Right now a lot of people are showing themselves to be fools.

There is little that can be done about this. Yes companies and commerce will be impacted. Yes it could have a huge impact on people, but maybe not... so with all this unknown, people decide to cause real damage by selling high and freaking out. In the end it will only hurt themselves financial. very stupid indeed.
OverSeas AG
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Every knee shall bow and every tongue shall confess
I am not friends with school shooters.
leoj
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I think part of the reason people are freaking out is we can barely test for it and someone can have the virus for two weeks before showing symptoms. Makes it pretty hard to deal with, even if it isn't as deadly as a SARS or normal flu.
Ag13
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IrishTxAggie said:

FHUAggie said:

Prognightmare said:

This was a political stunt to sell off the market


I could be way off here-I'll never be on y'all's level of market and global connectivity understanding-but this is seeming more and more likely the root of a lot of the panic:

Intentional fear mongering.
Trump has touted the market improvement his entire presidency. What better way for the media and anti-Trumpers to take him down and attack him than to kill the market by instilling panic amongst the populous.
Market down, Trump bad! Just wait until Bernie gets elected!
OverSeas AG
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Every knee shall bow and every tongue shall confess
I am not friends with school shooters.
McInnis 03
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Russia failed, impeachment failed, virus.....tbd
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***

B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
claym711
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Leaving the bunker unlocked. +3% bounce failed and gave it all back? Weekly at -9.5%

My look ahead stats say tomorrow more likely down than up as well but lots of time until open.

The market is behaving as if this is the catalyst for a real recession.
khaos288
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McInnis 03 said:

Russia failed, impeachment failed, virus.....tbd


Removal from office failed. Technically impeached.
FrioAg 00
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leoj
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They're coming for new lows before the close. Who wants to be holding anything long over this weekend...
IrishTxAggie
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leoj said:

They're coming for new lows before the close. Who wants to be holding anything long over this weekend...
Only holding BYND calls for earnings in 20 mins.
Pignorant
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I maybe an idiot, but this seems like an great opportunity to setup long term buys.
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