SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (111848)4/3/2020 2:01:44 PM
From: flashforward2009  Read Replies (2) | Respond to of 116758
 
If I got this correct, it appears government is out to buy everything, even discussing buying junk corporate bonds. It appears the FED may end up owning a sizable portion of the markets. There is no way to pay for this massive repetitive trillions of dollar multiples of stimulus's. Flat crazy imo and destined for MAGA failure. There is a strong possibility that the virus will circulate around the globe according to weather, then reappear here again in the fall. And the big one, no vaccine predicted until first or second quarter 2021.



To: Real Man who wrote (111848)4/3/2020 2:04:04 PM
From: Rarebird  Read Replies (1) | Respond to of 116758
 
There is always manipulation. But that didn't stop SPX from falling over 34% in 4 weeks.

SPX may or may not get to 1800. There is a lot of complacency out there in regard to the Bull resuming or beginning anew once the pandemic is over. That is the consensus view and reflected in the relatively strong AAII bullish numbers.
From a traditional perspective, 1800 SPX is not cheap. At best, it represents fair to still slightly overvalued. I only mention this because that is a very important feature to you, which you have constantly talked about over the years. If it is a secular bear, the market will go to undervalued, quite substantially.
Market is consolidating here and digesting its losses. It is clearly a bearish consolidation. Lots of whipsaw, but bias is clearly to the downside.

It may not be that simple in terms of what most think. There is a wealth effect to take into account.

Oh, I will be covering my HDGE and DWSH positions by the close. Short selling is not easy in this environment with big bid/ask spreads and it is tough to get shares to short in regard to some issues. Let others do the dirty work; HDGE and DWSH will get more preferential treatment than I will.



To: Real Man who wrote (111848)4/3/2020 7:58:30 PM
From: Rarebird  Read Replies (1) | Respond to of 116758
 
Nevada is under a stay at home order except for essential services. Well jogging, riding one's bicycle, skateboarding, playing football and tennis are considered essential services for many to maintain their health and sanity. Parks are literally jammed in Clarke County, at least the ones I frequent.

Oh, I took my dog to a groomer today to get bathed and have her nails trimmed. That is an essential service. Now if I can find a barber to get my hair cut. Or, even find a dry cleaner so I can get my blue jeans cleaned, I'd be all set.