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  • Florida COVID-19 cases rise 7.8% vs. previous 7-day avg. 4.1%

Added at 10:37am

How is it a high impact news? Is it related to economy?
Duhhhh ofcourse. Related...

Duhhhhhh ofcourse up

Don't wanna wear maaaaask....

But maaa FREEDOM. No mask!!!!!!!

Ohhh people die???? Why
But usd strong
Usd why up?
  • Post #4
  • Quote
  • Edited at 11:09am Jun 26, 2020 10:55am | Edited at 11:09am
SCAREMONGERING!!! The Stock Index cycles warned of this downdraft/correction many months and years ago. Cycles turn back up the 1st or 2nd week of July........GREAT BUY signal soon!
Quoting ashimkhan
But usd strong Usd why up?
This is a market things don't go straight down/up in a straight shot. We have pauses, corrections, and retraces. The USD can be going up for a # of reasons unbeknownst to us. It doesn't matter why it's going up/down as long as we ride the elevator and get profits at the same time.
Quoting Momofrmnyc
{quote} This is a market things don't go straight down/up in a straight shot. We have pauses, corrections, and retraces. The USD can be going up for a # of reasons unbeknownst to us. It doesn't matter why it's going up/down as long as we ride the elevator and get profits at the same time.
And the uncertainty that bearish news is counteracted by bullish action by the Fed
Without considering the number of daily tests, these numbers are pretty much meaningless.
Quoting Maxthetrader
SCAREMONGERING!!! The Stock Index cycles warned of this downdraft/correction many months and years ago. Cycles turn back up the 1st or 2nd week of July........GREAT BUY signal soon!
Am inclined to agree with you. This is nothing like the unknowns involved with first shock. Mass Hysteria driven by Hysterical Press attempting to scare the beejeebez out of people.
But identifying peak hysteria and fading it, is difficult.

By me, Auto repair, construction companies, big box retail, no one is able to keep up with customer demand.
Inventory backlogs are certain at supply houses.
No employees available either other then those who need training first.

It will take much more then Bar closures to stop the consumer.
BREAKING NEWS from the Chinese communist party propaganda room
  • Post #10
  • Quote
  • Edited at 5:04pm Jun 26, 2020 3:15pm | Edited at 5:04pm
Without a doubt there's a political and financial angle to fit the narrative .

Let's not forget it's end of the 2nd quarter so book squaring/profit taking is common/likely after such an outstanding rebound in the context of a " one off " lockdown

The market is pricing in risk for the forthcoming election but also it's giving itself leeway to clear out bulls/bears alike .Expect some wild swings to the upside and downside . We're entering no mans land imo
Quoting Vancarbon
Without a doubt there's a political and financial angle to fit the narrative . Let's not forget it's end of the 2nd quarter so book squaring/profit taking is common/likely after such a outstanding rebound in the context of a " one off " lockdown The market is pricing in risk for the forthcoming election but also it's giving itself leeway to clear out bulls/bears alike .Expect some wild swings to the upside and downside . We're entering no mans land imo
I expect it to continue the trend downwards especially as we close out the month like you alluded to I think this initial move is more profit taking for the 2nd quarter. Now we are definitely encroaching no mans land soon and I'm expecting volatility to hit the markets pretty strong in the next few months.
The 3rd world countries unable to stop the virus.
There are probably more....
Attached Image (click to enlarge)
Click to Enlarge Name: Rising countries.jpg Size: 198 KB
That's harsh to classify Mexico as a third world country ;-)
China has brought the epidemic under control. At the same time, the US has completely lost control of it.
What control???

But maaaaaa freeeeedam

Naaa maaaaask for maaaaaa freeeeedaaaam
Quoting Steamroller
That's harsh to classify Mexico as a third world country ;-)
Considering that Texas etc is over 55% Hispanic or Mexican whatever
I'd say that average down the Murica to second world
Once the boomer generation is gone and dollar hedgemony is lost that will be their classification
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  • Posted: Jun 26, 2020 10:34am
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     Newsstand
    Category: High Impact Breaking News
    Comments: 17  /  Views: 9,394