ES 5. Quiet day for the time being, riding the pivot. Up nicely after hitting a low after the stock market open. The rest of the day, and the evening ... could go either way. There are always bulls wanting to buy. And then there is all the other stuff. I am holding some dividend bearing ETFs, so there is that bias. The press conference didn't send the market into a swoon. They actually showed a little bit more social distancing. I think the readiness is still inadequate for what is probably coming. Party time on Florida beaches.
Last edited by JFR on Thu Mar 19, 2020 2:45 pm, edited 2 times in total.
Charts posted are not recommendations. They are just a sharing of information.
Al_Dente wrote:Ok. That's a good idea:
Instead of no-strings-attached, taxpayer-funded bailouts for cruise ships
Have the government rent them and turn them into hospitals
Boss have a beer
Hey, we scratch your back (bailout), you scratch ours (something, anything already)
I need whiskey boss
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Al_Dente wrote:Ok. That's a good idea:
Instead of no-strings-attached, taxpayer-funded bailouts for cruise ships
Have the government rent them and turn them into hospitals
Boss have a beer
Hey, we scratch your back (bailout), you scratch ours (something, anything already)
I need whiskey boss
I'm on a roll now: reopen the restaurants, pay them to feed the medical folks
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
"Update (1423 ET): Lawmakers are pushing back against a Boeing bailout - comparing it to AIG,
which required a rescue due to its own risky decisions."
[Who knew they had balls on the Hill !!]
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.