Easy to say when futures are up 3% as you were writing this post .... Shorts aren't toast. Calm down. The way this market flip flops anything is possible. The only reason why stocks are up is because covid19 cases are dropping around the world.. the more the cases drop the higher the markets move up, however if of course they lift the quarantine, which is probably going to happen in early to mid may, and people start practicing less social distancing, if this virus pops up again and everyone goes back to quarantine, another collapse in equities. Is coming..... Ifff they extend the quarantine another month or two, say june or july the markets will once again collapse ..so even though markets are happy for 2 or 3 days keep in mind there is a very long road ahead.
CV underreporting, it'll get much worse We'll see at least 1-2 red days this week, unemployment #s and cv headlines will flip mkt red soon... Will add small size SDOW SQQQ SOXS etc at current levels, bought TQQQ yesterday as long hedge in case market continues up Earnings release numbers will be terrible when they come out, which will tank the market Best wishes to both bulls and bears
greenday, the rockin prognosticatin crystal balled trade mavin, what point are you measuring from, or what target are you calling for? Thx
there is speculation that earnings have been downgraded so low as to artificially make the stocks clear the bar.
That's exactly what is happening. Analysts are going to knock down results so so so so lowwww that any microscopic beat will look like they cleared a mountain.....this will give juice to the markets throughout the end if the year. Earnings for this quarter wont he impacted since then down turn just started to occur however in each earnings results you will see one company after the next guide down do to the pandemic which will totally ignored since it's a fact earnings for the entire year are pretty much non existent.