Month: March 2020

Is this a dead-cat bounce or the bottom investors have been waiting for? Dow Jones up to 20% in the last 20 days yet economic uncertainty are doubled prior peak

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by Davidkingq123 Global stocks are edging lower, and oil prices have plunged to 17-year lows at the start of another week set to be dominated by the coronavirus pandemic. But U.S. stocks rallied on Monday. The investor optimism came despite President Trump extending the U.S. lockdown to April 30 and public health officials warning that … Read more

Nothing has really changed. Market lost upside momentum on the back test so just waiting on it to roll over for the move into the X region.

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https://twitter.com/PuffDragon11/status/1244690676177985538 And again.. like last Friday.. the market is floating without volumes pic.twitter.com/msqMpgdhTO — Alessio (@AlessioTMAD) March 30, 2020 Look at the trade volume for today. It hasn’t been this low in a minute. I would not count the gains for today quite yet because a big downward shift or sell off could make the … Read more

The US government has absorbed the Federal Reserve. The Fed independence debate is MOOT.

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This is actually the biggest scandal and betrayal of the public trust since the founding of the republic. An anti-democratic institution set up to control our currency (and economy) that could only be justified through independence. End the charade and bring it under Treasury. — Douglas Verity (@verity_douglas) March 30, 2020 Should market conditions deteriorate, … Read more

TEXAS IS F*CKED

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TEXAS IS FUCKED https://t.co/CiyoDduNKz — The Long View (@HayekAndKeynes) March 30, 2020 If you are not familiar with the situation concerning Canadian crude oil the price below may come as quite a shock…. https://t.co/I5oayidp2f — Shaun Richards (@notayesmansecon) March 30, 2020  

Department of Labor sources telling me we could be looking at 50-70 million unemployed Americans by end of April. Rent strike idea gaining steam…

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Fed seems to suggest this too https://t.co/ggpXug3UKv — Jordan Schachtel (@JordanSchachtel) March 30, 2020 FED: Third of Americans will be unemployed… KEY POINTS The coronavirus economic freeze could cost 47 million jobs and send the unemployment rate past 32%, according to St. Louis Fed projections. There are nearly 67 million Americans working in jobs that … Read more

A SERIOUS warning about this crisis

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by hjkoivu I’m gonna be honest here. Every bull out there should be nervous in this blind optimism. First of all the VIX is still very elevated. Second, we’ve been receiving nothing but bad news and stocks are still going up. Third, It looks like we might have another housing crisis on our hands and no … Read more

I’m a Loan Officer for one of the larger retail lenders. Here’s an overview of how the Fed gone and f*cked over mortgage lenders.

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by HowGreatAreYourDanes Credit for the content below should go to Barry Habib of MBS Highway. THE CORONAVIRUS MELTDOWN The current coronavirus crisis is having a critical impact on the mortgage industry, which could potentially make the 2008 financial crisis pale in comparison. The pressing issue centers around capital that’s required by Mortgage Lenders to be … Read more

This is a fascinating story that’s likely to fuel market volatility and screw up valuations for a while.

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This is a fascinating story that’s likely to fuel market volatility and screw up valuations for a while.@YahooFinance Morning Brief has explored this in recent weeks: https://t.co/PxQHCJuMaJhttps://t.co/V2hKQldqMuhttps://t.co/X6V2ongXn8 https://t.co/lcGT1M8yWT — Sam Ro 📈 (@SamRo) March 30, 2020 The best #recession indicator did it again… https://t.co/I0sxCwlbbc pic.twitter.com/VxfiKyYf3v — jeroen blokland (@jsblokland) March 30, 2020 The 2020 $SPY … Read more

Prediction: when the coronavirus lockdowns end, people are going to realize that we’re in a depression & their jobs/businesses aren’t coming back

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Prediction: when the coronavirus lockdowns end, people are going to realize that we're in a depression & their jobs/businesses aren't coming back (b/c The Everything Bubble has burst). We're going to have mass protests & riots that will put Occupy Wall Street in 2011 to shame. — Jesse Colombo (@TheBubbleBubble) March 29, 2020 Over the … Read more