now SQ halted.....wtf is going on lol. either way, TSLA up 15%, tempted to take my profits and run, but i did by it for long term, so even if it goes back down ill hold.
thanks for the info. thats a nice up move for suspending the divy. i expect many more companies to do the same to start saving cash.
yep you were correct. def was one of the lagest week over week increases we have seen on record. it was the largest jump since the aftermath of Superstorm Sandy back in 2012.
i forgot to make mention of this yesterday, but that drawdown we've seen in the small cap index off the ATH actually happens to be the 3rd largest on record
^ this 100% agreed however, that isn't to say that we can't see epic bear market rallies (*cough* sucker's rally *cough*) saw that a lot back during the GFC correction. the rallies were ferocious, but ultimately didn't change the overall trend from down. btw, while i'm at here, @T0rm3nted and others, would be cool to get some votes/input on this poll i had setup from the other day. What do you think will be the max. drawdown for this bear market? <-- click there! curious to hear the overall market sentiment from the stockaholics community here, and where everyone thinks things will ultimately find a true bottom when all is said and done on this bear market.
Bought some UWT premarket this am $.235. slowly trying to claw my way back up. Sold at $.28 playing with fire
People are promoting food stocks because they are ann delivery. It’s like people honestly believe these companies won’t be anal raped on earnings when 100% of their sales need to come from take out or “free” delivery because closures
today's range in the indices thus far seems strangely familiar those daily quad digit moves were becoming customary
Still some pretty wild intraday swing for the market, but for the closing prices looks like we are heading to the smallest daily changes for awhile
while we didn't get the full 100% retracement back from yesterday's selloff, still turns out that this was the largest one-day +% move up in history. which of course was on the heels of yesterday's 3rd worst -% decline ever in history (with the 2nd worst being just last monday! lol). needless to say it's been a pretty wild ride for the crude this month
hah, i nearly forgot to make mention of this in here, that today marks the 1-month anniv. of the SPX printing its ATH. i just stumbled across this chart in my afternoon reads and just thought it was worth a quick share in here. here is a look at the current correction vs. all the other major selloffs since 1928. i know i've mentioned this about an umpteenth amount of times on here, but it's interesting how this current bear market/correction/selloff beats all the others in terms of its speed. literally only took 20 trading days which imo is pretty flipping insane. i was just discussing this with my old man earlier this morning, how wouldn't it be just as crazy if we saw a "slingshot" move in the opposite direction as i believe @Venom08 had mentioned in a post earlier this week. actually would not surprise me in the least given just how insane this move has been. i know, i know, i'm probably being way too optimistic about that given the current global situation and here at home. i guess good for interesting discussions at the family dinner tables though
btw, i just realized that we've been alternating up and down in the SPX for the past 6 trading days...i wonder what the all time record streak is for that one. or at least when the last time we had that many days. ed: whoops, looks like i don't need to look too far out...we did a 6 in a row alternating back at the end of january/beginning of february let's see if we can make it to 7 in row tomorrow, which would need a red day...friday's have been notorious for being down over the past couple of months, last week not withstanding.
