Found a very interesting pattern 🙂t.co/3kmcQJl5Hj
— Hoz (@Hoz94s) May 8, 2020
Markets go down when everyone is expecting them to go up. Today annihilated the bears imo. Market was pinned higher pre market and didn’t flinch at 20 million unemployed and -30% gdp forecasts from New York and Atlanta fed all the while citadel eviscerated volatility.
— hks55 (@hks55) May 8, 2020
Will the 33-day, 34% decline in stocks mark shortest bear market in history despite “what’s likely to be deepest recession in at least 8 decades, when >1/3 S&P 500 companies have withdrawn financial guidance and buybacks & dividends shrinking by billions”? t.co/KnotvOo54M
— Danielle DiMartino Booth (@DiMartinoBooth) May 8, 2020
Markets have never been so obviously disconnected from fundamentals in History.
— Paranoid Bull (@paranoidbull) May 8, 2020
🧨 ECRI Bounce phase: Undergound pic.twitter.com/W8O2no5Tn2
— Antonio Pérez Algás (@apanalis) May 8, 2020
Cases continued their slight drift downward, but it's important to remember that outside NY-NJ-CT, cases are *not* falling. pic.twitter.com/LB17L585rx
— The COVID Tracking Project (@COVID19Tracking) May 8, 2020