Futures looking bleak other than oil. See y’all in the morning. We got 8” snow here on Easter Sunday. Going to keep the fam home tomorrow and rest up. Maybe all the snow killed the rona that everyone’s been tracking around
GRUB been having some crazy swings lately. Been observing it closely for a few weeks now. Might be getting back into another swing trade in it soon.
*puts bull suit on* so this seemed pretty crazy to say just a few short weeks ago, but with the market recovering about halfback of the entire bear move from ATH to the dead low as of last thursday's close, could the spx close green in 2020? the spx had been down just over -30% at the march 23rd low, so should this reversal actually "hold" by year's end and have the spx closing up for the year, that would in fact be the largest ytd drop ever in history whilst also ending the year in the green. the current largest reversal for the spx was in 2009. if you guys recall the spx was down -25.1% at the lows that year, but closed the year green. not saying this happens this year, but just simply pointing it out lol. would be a helluva turnaround. and maybe not too surprising as @stock1234 and others have noted the massive money printing by the fed this year
Record levels of short selling in china and over $1tril margin to buy stocks. Ready for a total market collapse in china? https://www.investing.com/news/stock-market-news/chinas-stocks-shortselling-at-a-record-high-2139411
So the only thing I can think of for the market rallying is that the feds keep pumping cash into the stock market. Pretty much everything outside that is still negative news unless I’m totally blind
