dow futures pointing to big gain tomorrow

[Demovictory9]

[TeamPooka]

1. who cares? Can't spend your wealth if you're dead.

[Loki Liesmith]

20. Who's dying?

[Laffy Kat]

2. And 45 will gloat.

[BigmanPigman]

6. Now he won't lock down the country. Shit.

That is the only way to make this end sooner and we can begin to recover, otherwise it will get 10 times worse as it goes until the Summer.

[Laura PourMeADrink]

32. Makes no sense unless they are all buying up atock

Of companies who will still make money in a coronavirus environment. Total industries will be crashing.

100% agree. Close everything now. (Yesterday)

[BigmanPigman]

33. I can realistically see him now, in his office

with his big $$$ pals figuring how to enrich themselves over this instead of focusing on building hospitals, etc. He was out golfing about two weekends ago. He was trying to get complete rights to a vaccine being produced in Germany. You KNOW he will profit off of this bigly and so will his enablers. We are in the worst possible hands right now for a medical and financial emergency.

[Demovictory9]

10. it will be a long time until he can gloat again

[Bengus81]

29. LOL...a 500 point day up would be PLENTY for that LIAR

[aeromanKC]

3. Up 2000 down 3000

does not a good portfolio make.

[Amishman]

34. this, we have been in a pattern of big drop, 50% retrace, big drop, 50% retrace

The trend is still sharply down, and will continue for a long time.

[Flaleftist]

4. And that means what to people who can't find essentials in stores or for the spread of the virus?

Or for the hospitals that are about to be pushed passed capacity and the people who will die from rationing equipment and care?


Some people will make some money or see a gain of their investments on paper. Good for them.

[Jamastiene]

8. Well, when the rest of us are dead, they can

roll in their money until they realize no one is around to do the work to feed them, take care of them, and make them the money to keep them rich. Too bad the rest of us won't be around to enjoy seeing them realize that. I'd love to see the looks on their faces.

Money is all that matters while people die. My faith in humanity goes down further every day.

[airmid]

12. I keep wondering how much collateral damage will be enough for people to realize

that money means nothing in a morally corrupt aamd dying society. This virus has really opened my eyes, once again, to the ugliness that humans can possess. My whole household is at risk and the greediness and flippant attitude just makes me sad and angry.

[Jamastiene]

22. Money changes everything.

Cyndi Lauper was right.

People are the most cold-hearted, selfish, and disgusting over money, than they are at any other time. As longer as they are making money, they don't care who is hurt.

[Frasier Balzov]

5. All you can really say is that it might open on the upside.

You can't really predict how it will close.

[Demovictory9]

9. true

[Cetacea]

7. Sad

If the economy is "strong" in November we will likely lose America.

[DarthDem]

26. I don't think so

I think most people have gotten the idea that the situation in America has gotten out of control. It shouldn't have required a pandemic to cause that realization, of course.

[Cetacea]

31. True

And I hope you are right.

[lapfog_1]

11. More Dead Cat bounce

there is nothing that is going to happen now (other than a miracle cure available to everyone for $1.50 and a single pill) that is going to help the market.

The market is pricing in a cessation of most economic activity. We haven't been here before. Last time was the Spanish Flu and what we did there was just go about our business and watch people die... or rather most of us. But we didn't stop working and buying and going out (at least not many of us did).

This time we know that stopping everything will save lives from the virus.

But we don't know how to make "stopping everything" work in a capitalist world.

[Sherman A1]

13. You are likely very right

It’s a glimmer of hope for some battered 401k’s.

[Watchfoxheadexplodes]

15. "we can thank the presidents address yesterday"

Fox business already preparing this morning

[ProfessorGAC]

21. Likely, For Sure

As I said yesterday, we're looking at a Dow doing 1.01% annualized over 3 years. The virus may(!) have caused an overcorrection. There might be an equilibrium in there somewhere.
The overall economy really didn't support the continued >12% yearly growth, so a correction was probably due.
But, the virus made this far more drastic.
Since COVID19 is still an unknown, overall economic damage may make things worse. Maybe not.
But, I do know big investors loathe uncertainty.

[Maeve]

14. Not as big as the loss Monday

Bear market means we'll likely be trending downward for several months--some days up, but trending down. Until something changes either with the virus or the oil situation. Or we get rid of the moron.

[duforsure]

16. The more trump talks , and every minute wasted not getting each person in this country a check

Will cause more downward spirals in the markets , and people will be left to suffer. trump is dragging his feet getting this and many other things done , and he caused this, and why it has spread more than it should have.

[Squinch]

19. At this point, that check isn't going to do it either. Which is not to say there should be no check

But not for everyone. I don't need it. I don't have a lot of money but my needs are met.

I'd rather more went to those that do need it.

[pampango]

17. Not any more. Now it is showing a small loss (150 points) at the opening - to go with the HUGE loss

yesterday. Looks like there won't even be a 'dead cat bounce' this morning.

[Squinch]

18. Small gain now. .85%. But anything green is an improvement.

I think if you have money in there, it will definitely bounce back, but it will take until Joe is in the white house for it to start.

[Demovictory9]

23. Yikes. I was wrong

[Wounded Bear]

24. That didn't last long...hovering around zero now...nt

[Celerity]

25. it briefly fell under 20,000

[getagrip_already]

27. back in the real world... aneomic unsettled trading - but no boom

dow at .25%, nasdaq and sp about 2%.

Yawn. Normal volatility. But looks set to fall off another cliff or it would be way up.

[Bengus81]

28. It's up 38 points at 9:35 CST....wow

[Chainfire]

30. A win-win

It must be nice to be able to speculate, with interest free money, knowing full well that if gamble correctly you make fortunes, and you lose, Uncle Sugar will be standing behind you with the printing presses and plenty of green ink. It is like your old coach told you, "We will keep running that play until we get it right."