Where is the S&P 500 going if it follows the path of 1929-1930

Discussion in 'Stocks' started by Junkou, Apr 10, 2020.

  1. S2007S

    S2007S



    Never going to stop. Markets need and want the bailouts, without bailouts stocks would be worthless and the rich and wealthy make pretty much all their earnings through stocks so in comes the fed with trillions of dollars to pump up stocks. Rinse and repeat over and over and over again.
     
    #21     Apr 10, 2020
  2. schizo

    schizo

    Well, for the record, you also vehemently opposed me when I said the market would tank back in January. I'm afraid this will be strike 2 for you. :)
     
    #22     Apr 10, 2020
  3. S2007S

    S2007S

    More freeeeeeeeeee moneyyyyyyy...

    Freeeee freeee..freeeeeee trillions.


    Keep the pumping going and going and going




    The Federal Reserve announced Thursday it would take unprecedented emergency steps to pump as much as $2.3 trillion into an economy and job market that Fed Chair Jerome Powell described as deteriorating “with alarming speed.”


    https://www.yahoo.com/finance/news/fed-unleashes-another-2-3-223809140.html
     
    #23     Apr 10, 2020
  4. schizo

    schizo

    From the article:
    Powell reportedly indicated Thursday he “won’t hesitate” to move into other areas or adjust the loan programs as needed. “We are deploying these lending powers to an unprecedented extent, enabled in large part by the financial backing from Congress and the Treasury,” he said in a speech following the Fed’s announcement. “We will continue to use these powers forcefully, proactively, and aggressively until we are confident that we are solidly on the road to recovery.”

    Today, they're getting into the debt market. Tomorrow, they will be in the stock market. The next day, they will be the de facto market.
     
    #24     Apr 10, 2020
  5. Find that record please. I was short much of the way down so it doesn't matter either way.
     
    #25     Apr 10, 2020
  6. zghorner

    zghorner

    So you believe S&P has gone as high as it’s going to for at least a few decades?
     
    #26     Apr 10, 2020
  7. schizo

    schizo

    That's right.
     
    #27     Apr 10, 2020
    zghorner likes this.
  8. zghorner

    zghorner

    So you are long due to trend break or short because incoming correction or employing weird spreads and straddles that tiny brain people like me don’t do?
     
    #28     Apr 10, 2020
  9. evoequity

    evoequity

    The current situation is completely unkown for modern times. There´s no one can predict what is going to happen with economy and financial markets. This is world pandemic, and after first wave there will be for 99,9% sure a second wave. The vaccine to show results must be at least 18 months, so do the math.
     
    #29     Apr 10, 2020
  10. S2007S

    S2007S



    They will be buying stocks directly if the markets drop even a sliver below March 23rd lows. They need need need need to keep the markets up. The fed is only about the stock market and nothing else....the rich and wealthy need to stay rich and wealthy and since most of their assets are tied into equities there can't be a bear market that lasts more than a few weeks before the fed comes in to prop it up so keep in mind the fed will buy stocks directly if markets collapse again in the weeks ahead.
     
    #30     Apr 11, 2020