dow 24000

[IVE GOTTA PACKAGE 4U]

Some of the companies that I have traded recently have backed up the truck and filling the cargo area with cheap loans. There is ton of borrowing going on. Everyone received a low interest credit card and it's Christmas.

Lots of stock but backs

 

[MrFedEx]

So Powell announces a rate cut and QE and the markets go limit down, who's driving this move?

Donald J. Trump.

 

[BrownArmy]

Social distancing..... ever seen the market floor?

My impression was that the market floor is just a prop for the media at this point...

It’s not like the old days, where people on the floor were screaming BUY BUY SELL SELL.

Things are largely automated now, is anyone actually on the floor?

Legit question, IDK

 

[IVE GOTTA PACKAGE 4U]

My impression was that the market floor is just a prop for the media at this point...

It’s not like the old days, where people on the floor were screaming BUY BUY SELL SELL.

Things are largely automated now, is anyone actually on the floor?

Legit question, IDK

You are correct. It's mostly done by computers

 

[MrFedEx]

Democrats.
Ttku.

Right. Who has been the BIGGEST proponent of cutting rates for the past 3 years, and openly mocking and criticizing Powell for not doing so?

 

[DriveInDriveOut]

You are correct. It's mostly done by computers

Lots of people still.

 

[IVE GOTTA PACKAGE 4U]

Lots of people still.

It's not like the old days. You old Bastard

 

[DriveInDriveOut]

Right. Who has been the BIGGEST proponent of cutting rates for the past 3 years, and openly mocking and criticizing Powell for not doing so?

The man who owns your rotten brain.

Who has been fear mongering for weeks trying to scare people for political points?
Democrats.

 

[DriveInDriveOut]

It's not like the old days. You old Bastard

Just saying, still tons of people.

JP Morgan ordered hundreds of employees to different offices away from the market.

 

[IVE GOTTA PACKAGE 4U]

Just saying, still tons of people.

JP Morgan ordered hundreds of employees to different offices away from the market.

Can't wait to see what our company doesn't do

 

[DriveInDriveOut]

Can't wait to see what our company doesn't do

We hired a crap ton of people in the past year.

Curious to see how this plays out for us.

 

[Up In Smoke]

Your logic is defective.
My statement and your reply are disconnected.

$8.6 Trillion - The amount of assets managed by public and private-sector pension plans in the U.S. at the end of 2018, according to the Investment Company Institute.

That means that a 30% investment in quality high yield stocks (typical of a pension fund) is still 2.5 Trillion.
Maybe not half but still considerable.

Market is worth approximately 30 trillion dollars so 2.5 trillion equals about 8% of the market.

 

[Old Man Jingles]

Market is worth approximately 30 trillion dollars so 2.5 trillion equals about 8% of the market.

Market was ... LOL

 

[Up In Smoke]

Market was ... LOL

Hard to hit a moving target.

 

[El Correcto]

I’m watching contagion right now. If you’re in the stock market GET OUT NOW!
Panic buy ammunition and beer, it’s about to hit the fan I tells ya.

 

[El Correcto]

They have replaced the president with a body double, he is currently in the secret bunker under Mt. Rushmore.

 

[Jones]

Fed just slashed the interest rate to zero, might get a nice bounce on Monday if the corona virus news isn't too terrible. Either way, I might finally pull the trigger on a refi.

Ima go ahead and retract that prediction...

 

[DriveInDriveOut]

Ima go ahead and retract that prediction...

FFS bro, this is current events...
What kind of amateur admits when they're wrong? Double down!

 

[bacha29]

Ima go ahead and retract that prediction...

Probably saw the same thing I did a short time age. Dow futures went "limit bottom" not long after trading began.

 

[Re-Raise]

I moved about 70 percent of my reserves into the market this morning . thrilled to see that market move this afternoon.
i dont know if the market has bottomed out for sure but I think the bad news has possibly bottomed out.
Trump has now called this about everything he can call it with the national state of emergency.
In the process it sounds like he will release another 50 billion dollars of spending.
about everything that can be shut down now has been shut down
Trump hinted that some travel restrictions are being reviewed for release and some to be removed.
Fed meets next week and drops the interest rate next week.
the strong economy we have plus the extra jet fuel should really help .

Brilliant!