If this stuff spreads like the experts all say its going to and people are being forced to stay inside their homes or else face police intervention.... by the end of August at the latest, we will be staring down a new chapter in this country's history. And as it looks right now... its gonna play out. I hope they're wrong. I hope I'm wrong.
Leonard Cohen's best song in many ways. Don Henley did it justice too. Its a great song. Everybody knows that the dice are loaded Everybody rolls with their fingers crossed Everybody knows that the war is over Everybody knows the good guys lost Everybody knows the fight was fixed The poor stay poor, the rich get rich That's how it goes Everybody knows Everybody knows that the boat is leaking Everybody knows that the captain lied Everybody got this broken feeling Like their father or their dog just died Everybody talking to their pockets Everybody wants a box of chocolates And a long stem rose Everybody knows
Indeed. Time to get stoned, man, while the market mates with it's own asshole and implodes like a neutron star and white dwarf trying to make black-hole babies.
Whats happening to the mkt is there's no light at the end of the tunnel.Nobody can see a positive for the future right now . There's no way to quanify how all this ends .First do they ever find a vaccine? Does this spread forever ? Once you get it can you get reinfected over and over again. Will the warm weather slow or stop this? If no vaccine developed will this come back every winter ? Till the mkt can get some positive answers how can it have sustained up?
When we get to the peak, you run a DCF across all the stocks in S&P 500 based on what's right in front of you, and you'll derive a fair market value for the index. That's my guess.
Anyone know when trading will resume? I thought I saw the halt duration on CME website in the past, but now it's conspicuously absent. I presume we will open when the Euro session kicks in.