House Democrats prepare new $2.4 trillion stimulus plan with unemployment aid, direct payments https://www.cnbc.com/2020/09/24/coronavirus-stimulus-democrats-prepare-new-relief-bill.html Probably still too high of a price tag for the Senate to agree to
The stimulus may help prop up the market but the probability of the huge tax the Democrats would put on Wall Street is weighing heavy. If Biden is a complete flop with the debates and Trumps polls rise significantly I think we could see a big time rally.
Hmmm. My theory sees a potential problem for the bullish thesis in near future. I might have to exit tomorrow, as long as I am at break even or better. The deeper collapse may happen or not, in the immediate future, but things are "problematic" at this point. I think playing it safe might be the safer bet.
Nice day for the market so far, but still it looks like we will finish with another weekly loss. Still not overly bullish unless we get some significant progress for fiscal stimulus in the Congress
wow! now there's a name that goes a waaaaay back from the hsm days! correct me if i'm wrong here, but pretty sure you were one of the guys here who called market bottom back in march of '09, on the actual day the spx bottomed out at that infamous 666. i remember it was you some other guy, and jaz i think. remember him? think he went by the handle mmmJaz if my memory serves me correct. wow, the memories i tell ya! great to see you popping in here though! missed ya 'round here.
well, it has certainly be another roller coaster week in the market yet again this week haha. can only assume this will continue until we are past election day. should be some great trading opps in the weeks ahead! trying to follow the action best i can with the very limited time i have on here and in genreal. hope you all had a great trade week this week! have a great weekend ahead everyone! and will catch you all same bat time, same bat channel monday morning! hard to be believe we will start Q4 next week! holy shit. this year is just rocking past us!
Yeah I think there was another guy named bigbull or something similar called the bottom. Great calls by those guys. I was new to the market back then
