Misc Stock Market

[Nerman]

This is going to have a really hard time staying green today. Which means we may see those resistance levels break down.

Morgan Stanley, Goldman Sachs Declare Global Recession Underway

(Bloomberg) -- Goldman Sachs Group Inc. and Morgan Stanley economists joined the rush on Wall Street to declare the coronavirus has triggered a global recession, with the debate now focusing on how deep it will be and long it will last.A day after President Donald Trump conceded the U.S. slump alone

finance.yahoo.com

I'm taking another small short position here.

 

[Snowflowxxl]

Back in the red

 

[VegasEagle]

Probably need to hault shorting

 

[Nerman]

Probably need to hault shorting

I think you are right.

 

[Webberweather53]

Ouch down over 200 points.

 

[Nerman]

Boeing is at 110. Unreal. I said I was going to start buying at 150 but still can't pull the trigger.

 

[KyloG]

I am not a FoxNews guy so don't read into that but it's coming....

 

[Nerman]

Boeing is at 110. Unreal. I said I was going to start buying at 150 but still can't pull the trigger.

103 now. Down 20%. Just killing the DOW.

 

[Webberweather53]

103 now. Down 20%. Just killing the DOW.

Even if certain company stocks become dirt cheap, you may be taking a serious gamble if said company(ies) go belly-up/bankrupt

 

[Nerman]

Even if certain company stocks become dirt cheap, you may be taking a serious gamble if said company(ies) go belly-up/bankrupt

Yeah, and they definitely already had their problems before this mess

 

[Deleted member 527]

I am not a FoxNews guy so don't read into that but it's coming....

And where is the money coming from? This is just the beginning of it. Casinos have come forward asking now. Auto dealers next.

 

[Nerman]

Markets keep bouncing off resistance levels. Reminds me an old school WWF wrestling match. Every time you think the champ is down he battles back off the mat.

 

[Myfrotho704_]

Dow Jones Up 752 (3.7%)

 

[Jimmy Hypocracy]

Dow Jones Up 752 (3.7%)

Yeah. That trump presser went well. Lots of money is about to be made available

 

[Myfrotho704_]

Yeah. That trump presser went well. Lots of money is about to be made available

Yeah, don’t often look at this type of stuff (I need to) but it’s definitely rising quick now after the bad day yesterday

 

[DopplerWx]

stimulus of $1k check to every american within 2 weeks, good lord. talk about the fed bringing out the big guns. wonder if the senate will pass it? andrew yang doesn't look so crazy now.

 

[Jimmy Hypocracy]

I need advice. It’s obvious that the airline industry is going to make it out alive because that is something that gets talked about at very presidential presser. What do you guys think about Spirit Airlines (SAVE)? Seems like a good investment to me

 

[KyloG]

And where is the money coming from? This is just the beginning of it. Casinos have come forward asking now. Auto dealers next.

“We” will have to pay the piper eventually.

 

[tramadoc]

Even if certain company stocks become dirt cheap, you may be taking a serious gamble if said company(ies) go belly-up/bankrupt

Hey Eric, I sent you a DM if you want to take a look at it. Thanks bud.

 

[tramadoc]

You knew it was going to happen. As a former DHS employee, I’d like to put a foot in this guys ass.