haaaaaa market dumped when Trump started talking.... This bish talking now says Trump relaized the current testing methods were not the best and came up with a new system.....she is fucking high on cock. give the credit to the experts.... Trump should stop talking for a few weeks so I can make.money.
Yes I am about to say it... THANK YOU PRESIDENT TRUMP! Finally came out like a President and gave the market some confidence. Not on the COVID19, he still sounds like a globus monkey but on the strategic reserves and help for other economic support. BOOM!
"We have very strong emergency powers under the Stafford Act, and we are — we have it — I mean, I have it memorized, practically, as to the powers in that act. If I need to do something, I’ll do it. I have the right to do a lot of things that people don’t even know about.” And from that Jeffersonian quality statement yesterday, the great tangarine man brought today's boon.
Keep telling yourself that....oil jumped on the announcement of strategic reserve purchases. Also the fact that there will be sensible eocnomic stimulus (not dumbass payroll tax holidays) and the private sector is participating in testing centers means people finally see some action from the top. Plenty of short covering but don't forget they were chopped to shit all day and shorts covering for long bias and longs coming in at bargain prices. We will still have some more chop as CHINESE virus numbers hit 5000 but with every fucking thing closed it will blow by that number quickly and then we hit the back of the curve. I still say we are not in a better place until the FALL.