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04/10/2020 Weekend Update
Re: 04/10/2020 Weekend Update
TOTAL NUMBER OF CASES, new view
You can hover over your county and see numbers:
https://covid19.topos.com/
You can hover over your county and see numbers:
https://covid19.topos.com/
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Re: 04/10/2020 Weekend Update
Saturday and Sunday too. Happy Holidays to all
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Re: 04/10/2020 Weekend Update
HYG Target + 28 %
From 81.49 to 104
+ 5.3 % Yield
JNK Target + 28 %
From 100 to 128.41
+ 5.86 % Yield
Both High Yield (High Risk) Corporate Fed Subsidies
From 81.49 to 104
+ 5.3 % Yield
JNK Target + 28 %
From 100 to 128.41
+ 5.86 % Yield
Both High Yield (High Risk) Corporate Fed Subsidies
Last edited by Heck on Sun Apr 12, 2020 9:47 am, edited 1 time in total.
Re: 04/10/2020 Weekend Update
The WH holds its daily briefings, but the real news appears to be coming out of the Governors’ briefings (both parties), state by state.
It can get a bit tedious, but the links below update each of the briefings as they stream live, one by one.
I learned today from Gov. Murphy (NJ) that a caravan of dozens of ambulances (was it 52 ambulances??) from various states, loaded with EMTs and supplies, arrived in NJ this morning to help. States helping states.
https://www.youtube.com/watch?v=w_Ma8oQLmSM
or
https://www.youtube.com/watch?v=vG7VYzERk38
There are plenty of other streams out there
This stream includes Global briefings:
https://www.youtube.com/watch?v=zkOb1AxkVso
It can get a bit tedious, but the links below update each of the briefings as they stream live, one by one.
I learned today from Gov. Murphy (NJ) that a caravan of dozens of ambulances (was it 52 ambulances??) from various states, loaded with EMTs and supplies, arrived in NJ this morning to help. States helping states.
https://www.youtube.com/watch?v=w_Ma8oQLmSM
or
https://www.youtube.com/watch?v=vG7VYzERk38
There are plenty of other streams out there
This stream includes Global briefings:
https://www.youtube.com/watch?v=zkOb1AxkVso
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
-
BullBear52x
- Posts: 29873
- Joined: Tue Feb 22, 2011 3:47 pm
Re: 04/10/2020 Weekend Update
From "It is what it is department"Marker is bullish and overbought. common wisdom are 10% selling from the peak is a correction, 20% hair cut indicated that we might be heading into a recession. on the other side of the coin, 10% rebound is a dead cat bounce, 25% or more the bull market has started. this is purely in TA point of view. Key focus 50/200 DMA magnet. as most of us know many fund managers bench mark is 50 DMA, we are well under but are heading that direction, the selling or profit taking will be strong there, we are not there yet and for a short term I see no reversal to call to atm.
Daily Trend following setup: We are entering sell the rip zone, as always, the sell signal will not trigger until the RSI is dropping below 70. selling here is only for early bird counter trend. this overbought could drag out longer until it's properly triggered.
Breadths are plenty of fresh air here.
Short term overbought outside of BB and BB is tightening, but not bearish and lots of supports below now.
the usual short term trend is up, dip will be bought. keep it simple, Peace!
Daily Trend following setup: We are entering sell the rip zone, as always, the sell signal will not trigger until the RSI is dropping below 70. selling here is only for early bird counter trend. this overbought could drag out longer until it's properly triggered.
My comments are for entertainment/educational purpose only. NOT a trade advice.
Re: 04/10/2020 Weekend Update
[quote="BullBear52x"]Marker bullish and overbought."
Some three day market turning-point weekend reflection:
SPY record - 35 % in month
Record + 28 % in fortnight
Price whipsaw into 50 % retracement
(Biggest quickest market rallies during first legs of secular bear markets, eg Thirties and Seventies ?)
$VIX Target still + 404 %
From 41.39 to 208.61
AFTER 28 % market reflex rally snapback ?
Why ?
Governments closed down our economy for 2020 Corona but not 2009 H1N1 Swine Flu Pandemic
(genotype of post-WWI Spanish Flu 1918-1920 that killed quarter of population without air travel epidemiology)
Result 20,000 Corona US deaths in 2020 vs 12,500 Swine US Deaths in 2009 under Renegade, vs 80,000 in 2018 under Mogul
(Retired Rockefeller Medical Institute epidemiologist claims quarantines extend natural four week antibody flu cycle ~ is Corona all-natural ?)
Shelter in place shutdowns create domino economic effect of disappearing cash flows, incomes, rents and revenues, increase government deficit liquidity without corporate or personal solvency ($1.6 T US student loan and $11 T US mortgage defaults rising) ?
Do promises to bail-out (inflate) economy actually crush it more with debt default deflation ?
(See the man called America's Greatest Economist https://en.wikipedia.org/wiki/Debt_deflation)
Are we now facing the legacy of a century of Government Great Society wars on energy, health, jobs and poverty, creeping socialism since Woodrow Wilson, Herbert Hoover, Norman Thomas, FDR, LBJ ?
https://en.wikipedia.org/wiki/Norman_Thomas
Example MAR 1,556.19 % Debt/Equity closed for business until at least June, 50,000 furloughs and renditions to CVS, with $4.5 B credit facility facing $13.9 B debt service contractual obligations with $225 M cash on hand
Example BA 11,795.20 % Debt/Equity laying off 14,000 employees and seeking $60 B taxpayer bailout, resignation of Board Director SC Guv/UN Ambassador Nikki Haley
Example Tahoe fire insurance policies cancelled after 2019 wildfires and replaced with premia five times previous
No wonder commercial paper bailed out by Fed repo's since last September 2019, well before Corona Crisis
So, market bottom line, Where is the real money/growth/recovery when government keeps business closed and delays bailout checks ?
Unless President re-opens our economy, do we face a long line of worse consequences ?
Like 1974, Wall Street Media Government owners basically wanted to change Presidents ?
Do Joe or Andy have a chance against Mogul with mail in ballots ?
Which President is more familiar with bankruptcy debt workouts ?
Is the US corporation a giant bankruptcy debt workout ?
https://www.usdebtclock.org/
Let the markets decide...
Happy Easter
Some three day market turning-point weekend reflection:
SPY record - 35 % in month
Record + 28 % in fortnight
Price whipsaw into 50 % retracement
(Biggest quickest market rallies during first legs of secular bear markets, eg Thirties and Seventies ?)
$VIX Target still + 404 %
From 41.39 to 208.61
AFTER 28 % market reflex rally snapback ?
Why ?
Governments closed down our economy for 2020 Corona but not 2009 H1N1 Swine Flu Pandemic
(genotype of post-WWI Spanish Flu 1918-1920 that killed quarter of population without air travel epidemiology)
Result 20,000 Corona US deaths in 2020 vs 12,500 Swine US Deaths in 2009 under Renegade, vs 80,000 in 2018 under Mogul
(Retired Rockefeller Medical Institute epidemiologist claims quarantines extend natural four week antibody flu cycle ~ is Corona all-natural ?)
Shelter in place shutdowns create domino economic effect of disappearing cash flows, incomes, rents and revenues, increase government deficit liquidity without corporate or personal solvency ($1.6 T US student loan and $11 T US mortgage defaults rising) ?
Do promises to bail-out (inflate) economy actually crush it more with debt default deflation ?
(See the man called America's Greatest Economist https://en.wikipedia.org/wiki/Debt_deflation)
Are we now facing the legacy of a century of Government Great Society wars on energy, health, jobs and poverty, creeping socialism since Woodrow Wilson, Herbert Hoover, Norman Thomas, FDR, LBJ ?
https://en.wikipedia.org/wiki/Norman_Thomas
Example MAR 1,556.19 % Debt/Equity closed for business until at least June, 50,000 furloughs and renditions to CVS, with $4.5 B credit facility facing $13.9 B debt service contractual obligations with $225 M cash on hand
Example BA 11,795.20 % Debt/Equity laying off 14,000 employees and seeking $60 B taxpayer bailout, resignation of Board Director SC Guv/UN Ambassador Nikki Haley
Example Tahoe fire insurance policies cancelled after 2019 wildfires and replaced with premia five times previous
No wonder commercial paper bailed out by Fed repo's since last September 2019, well before Corona Crisis
So, market bottom line, Where is the real money/growth/recovery when government keeps business closed and delays bailout checks ?
Unless President re-opens our economy, do we face a long line of worse consequences ?
Like 1974, Wall Street Media Government owners basically wanted to change Presidents ?
Do Joe or Andy have a chance against Mogul with mail in ballots ?
Which President is more familiar with bankruptcy debt workouts ?
Is the US corporation a giant bankruptcy debt workout ?
https://www.usdebtclock.org/
Let the markets decide...
Happy Easter
Last edited by Heck on Mon Apr 13, 2020 8:54 am, edited 1 time in total.
Re: 04/10/2020 Weekend Update
ES 5. Down about 40 points since Thursday.
Charts posted are not recommendations. They are just a sharing of information.
Re: 04/10/2020 Weekend Update
SP.1 Jun Fut SELLING < 2,819.50