General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsDOW FUTURES down 570 points
DOW FUTURES down 570 points, not sure how low it can go.
captain queeg
(10,096 posts)alittlelark
(18,888 posts)leftieNanner
(15,062 posts)All of Donnie's Dow gains gone POOF!
gibraltar72
(7,498 posts)Aaron Pereira
(383 posts)Time to start buying again.
uponit7771
(90,302 posts)lastlib
(23,155 posts)...unless you're into short-selling.
Analysts are seeing earnings depressed for at least the next two quarters; no earnings growth, no price appreciation. It's hard to see a bottom to this market before July. Hold on to your money until then.
uponit7771
(90,302 posts)Indykatie
(3,695 posts)I don't think we'll hear Trump bragging about his financial prowess and management of the markets any time soon.
Awsi Dooger
(14,565 posts)Probably a nibble from value seekers after a 10% decline in one day.
Normally that would be sound strategy. But I don't think normal thinking applies when we're on the verge of virus/death numbers soaring. Many market analysts are still in denial in that regard. They keep referring to the December 2018 low and other traditional indicators.
herding cats
(19,558 posts)This isn't over, and pretending like it is daily doesn't help anyone.
It's going to swing more before it settles. Which means ups and downs.
Awsi Dooger
(14,565 posts)I'd be surprised it any type of rally held. Normally during a downtrending market there is late sell off toward the close on Fridays. Anyone who has inclination to sell wants to get it over with in case there's some type of further negative news over the weekend.