No dead cats tomorrow

[Roland99]

Futures

DJIA F -2.24%
S&P F -2.23%
NASDAQ F -1.56%

[SunSeeker]

1. We'll be in full depression territory soon.

[Blue_true]

8. I doubt it, too soon.

You could be right in the end, but we have a ways to go. If Trump's incompetent handling of the virus crisis continues for a couple more months, then yes, who knows where the bottom will be.

[SunSeeker]

9. Trump's incompetence will continue for a couple more months, and to 1/2021.

So I see no light at the end of this tunnel until Spring 2021, and that's assuming Biden gets elected.

[Blue_true]

10. Good points. Trump only had the market and the remains of President Obama's economic mastery

going for him. If he lose those, he is screwed electorally. He will try buying voters like he bought farmers, but I don't think that will work, once he is trying to buy people in cities, surburbs and exburbs, those people are also thinking about longterm consequences of staying with Trump, unlike farmers and now fishermen, crabbers, lobster harvesters.

[SunSeeker]

11. The reason we need those checks is he botched the Covid-19 response.

Instead of using WHO test which were available back on January 11, he wasted 2 months lying that Covid-19 was under control at only 14 cases and would magically disappear by April. He insisted on developing our own tests, as if we had all the time in the world. He lied that anyone who wanted a test could get a test. Now Covid-19 is in all 50 states and we still don't have tests, so we have to assume everyone has Covid-19 and shut down the whole country. And our doctors and nurses don't even have proper personal protective equipment. Who will care for us when they get sick?
So we're in full panic mode, shutting down businesses and schools. That's why we need checks. We've lost our jobs! He should have instituted aggressive testing at the beginning, like everyone was begging him to do, to pinpoint where the outbreaks were and quarantining just those infected individuals instead of ignoring it and now being forced to quarantine the whole country.

Same thing with the farmers. The reason they needed those checks is because of his disastrously botched trade war -- that China won.

[Baclava]

2. Will Trump resign when it crashes through 10000 on the way to the bottom?

[Roland99]

3. That would be next week at this pace!

[intrepidity]

4. Well, *then* we'd get a healthy rebound

I'm convinced the market would rally like crazy if he resigned.

[Baclava]

5. Wait till i cash my checks! Ok then go, lol

[Hugin]

6. The futures had been slightly up earlier...

From what I understand, in the background there are some very disturbing fundamentals coming out this week.

Well, what do you expect when a wanna-be dick-tater who's had at least six bankruptcies (some of them casinos) that we know of is installed as POTUS.

Things are going to go to crap.

Boy, he sure p0wned them libtards! HAW! HAW! HAW!

[Blue_true]

7. You never know.

Trump may announce that him and Pence are resigning at 8:45am and Speaker Pelosi has agreed to be President until the election. Even if he is lying, if he doesn't say anything else, the market will soar.