Stock Market Today: March 9th - 13th, 2020

Discussion in 'Stock Market Today' started by Stockaholic, Mar 6, 2020.

  1. OldFart

    OldFart Well-Known Member

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  2. Stockaholic

    Stockaholic Content Manager

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    hah wasn't aware of this 'till now but this could be our first green friday in the past 7 weeks :p

    saw this chart on STA that shows the historical performance of the market since 1950 before and after a 7 or more down friday losing streak. when the streak has ended the market had been higher the next 30-60 days historically speaking.

    [​IMG]
     
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  3. OldFart

    OldFart Well-Known Member

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    3:23....Trump must not set his watch for daylight savings?...lol
     
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  4. Vdubman

    Vdubman Well-Known Member

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    Literally smashing keyboard right now on this last 20min rally.
     
  5. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    Suckers rally... cases going to explode this weekend. NY already increased 30% just today
     
  6. Vdubman

    Vdubman Well-Known Member

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    I had some buys in about 20% off the lows today and shit, totally blew threw those in 5 min. Talk about insta red. Got the buy notification and logged in to see insta 15% down I was like wtf.
     
  7. Vdubman

    Vdubman Well-Known Member

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    Looks like the up breaker tripped at the bell again lol
     
  8. StockJock-e

    StockJock-e Brew Master
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    Or maybe short covering ahead of the weekend.

    Number of COVID-19 cases are going to double in most major cities by Monday.
     
  9. Vdubman

    Vdubman Well-Known Member

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    I think by the end of next week we may have a better idea of the scope now that testing kits are available in most major areas of population.
     
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  10. Syynik

    Syynik Well-Known Member

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    How are you, OldFart? Been missing you!:p
     
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  11. OldFart

    OldFart Well-Known Member

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    Busy with work.
    How are you doing? You need to stop by here more often....bull or bear market....lol
     
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  12. Syynik

    Syynik Well-Known Member

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    Same here--I'm back to PT unfortunately (injured last year, was out several months) but now I have a bit of time to do more research!
     
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  13. Syynik

    Syynik Well-Known Member

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    I was just discussing this with a work friend! We're both getting slammed in our 401ks like everyone else, he told me he stopped his contribution "until it starts to rally!"

    I told him to add more here if he can. We agreed to disagree.
     
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