This is the end. We are witnessing collapse of the global economy

Discussion in 'Economics' started by orbit23, Mar 27, 2020.

  1. %%
    The markets did uptrend well when the US gov got shut down last time.
    DAL is only down about 44% ytd, so maybe that gov loan explains the 00.40 cent upmove.??
    As far as DAL blaming the virus, thats possible, but does not explain their earlier bankruptcy,with no virus.

    Tech stocks/ETFs + LUV are doing much better.
    So maybe there is an advantage to not taking gov loans + not going bankrupt when there was no virus??
    Our conservative run state did well this year on sales tax, so I dont know what happens if the gov does not give them more money?? LOL...……………………………………………………………………………………………….
     
    #221     Oct 11, 2020
    KCalhoun likes this.
  2. KCalhoun

    KCalhoun

    I'm still waiting impatiently for a market drop. Next week's banking earnings releases will be a potential trigger.

    So many negatives re stim bill stalemate, China trade conflict, covid escalates, election, unemployment etc

    Ar least inverses are down again, looking for pivots SQQQ TZA UVXY SDOW etc, or upside in solars and cannabis next week
     
    #222     Oct 11, 2020
    murray t turtle and They like this.
  3. Overnight

    Overnight

    What to you is a market drop?

    Please define it. So September was not one? How about March of this year? Q4 2018? At what point will you be satisfied the "market has dropped"?
     
    #223     Oct 11, 2020
    formikatrading likes this.
  4. KCalhoun

    KCalhoun

    Hi, as I have posted at least 6x I am using S&P < 3000 as key support, along w VIX breakout
     
    #224     Oct 11, 2020
    vanzandt and They like this.
  5. Valid question, Overnight!

     
    #225     Oct 12, 2020
  6. %%
    TECS went up a bit, on the gap;
    but as of 9;27 CST, may not have time to trade it/ because ofscaling in orders/long tech ETFs
    A quick trader could have gotten some good change.:D:D:D:D:D
     
    #226     Oct 12, 2020
  7. piezoe

    piezoe

    one way, probably, would be for 100% of the population to consistently wear a mask and wash their hands for about 8 to 9 weeks. Then the infection rate should drop below 1 and we can almost go back to business as usual.
     
    Last edited: Oct 13, 2020
    #227     Oct 13, 2020
  8. piezoe

    piezoe

    I realize it is a little late to to be bringing this up, but of course we could have done what the other countries did that successfully beat the virus, i.e., have had a nationally coordinated effort based on Science starting last January. Oh well.
     
    #228     Oct 13, 2020
    KCalhoun likes this.
  9. NASDAQ +32.2% Vs Small cap Index -1.9%: a sign of aging bull market. (small cap index is not leading).

    [​IMG]


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    #229     Oct 13, 2020
  10. xappppp

    xappppp

    Capital is concentrated in blue chips large tech. This is a sign of risk
     
    #230     Oct 13, 2020