The Swamp

eyes north

Sure there is panic so what do you do first? It's deleveraging aka unwinding carry first, then sell risk aka stocks then try and find a safe harbor aka long term treasuries. Is this not the sequence of events thus far? The kicker is there is no safe harbor currency/asset presently so that makes swings wilder.

just saw your chart. - could go down big today

the lack of leadership is really bad. you see smaller countries acting faster

this will not stop with rate cuts. BOE didn't even give us a rally. this will go down with rates cuts

you need fiscal and stimulus for companies going belly up right now

Sell Again 1335-1339, 1350 Stop All

closed this on on BE
was on profit but missed it. ...

1H closing here would mean buy. proably just range until ECB is doing something

also futures close to panic mode ...

first candle of 20 handles on Futures ES - sold in seconds

kept adding here any rally on lower TF

we will see expect rate cuts and measures all over world unscheduled. this is do or die !

you know sh*t it about to hit the fan when officials are talking bad things about economy
you know it's .terrible


UK FINANCE MINISTER SUNAK SAYS THIS WILL HAVE A SIGNIFICANT, TEMPORARY EFFECT ON UK ECONOMY || SAYS FOR A PERIOD IT WILL BE TOUGH



oh i forgot - it's temporary

expect unconventional measures. i would be very careful going long usd.

Buy 1343-1344, Maybe Bullish

Dow set to plummet more than 900 points as Wall Street braces for another wild day

Long EU 1.337 target open

adding a little bit more to 1.132

increasing the testing capacity in USA. for later this week going to 20.000 tests a day

U.S. NATIONAL SECURITY ADVISER O'BRIEN SAYS CHINA DID NOT HANDLE CORONAVIRUS RIGHT, DOCTORS INVOLVED WERE SILENCED OR PUT IN ISOLATION SO WORD COULD NOT GET OUT, CHINESE RESPONSE PROBABLY COST THE WORLD TWO MONTHS

yeah. Bury the dead w/o a test. The stimulus package of cutting parole tax is a joke, when many will lose their job.

Than we got bulls in a daze not anticipating the drop in employment affecting equity profits. A reset will happen one way or the other. People without a job buy less discretionary crap. People on food stamps buy less iphones and BMW. This cut in travel could last for several years even at the best recovery. Europe as a whole will suffer the 10% gdp in tourism dollars. From there everything is connected from banks to home prices. Every industry will suffer. The U.S. is in the same boat, but with one ace in the hole. The U.S. imports more than it produces, proven in the trade deficits. A shitty recover in the U.S., is still better than the exporters, to the U.S., will have.

If you want to own stocks, the usual chorox, campbells soup, and 3m is ok. Latter anticipate the stocks, "people will try to keep what they have stocks". Home improvement or car parts etc, type stocks.

This virus can mutate again, and get a second wind. It's already changed a few times.

I dont think its so far fetched people will change the spending habits. I'm the son of the "Great Depression Generation". This drop is the second since 2008. If much of the paper gains are erased. This newer generation may be weaned off equities. Everyone is still talking like, this is just a bad week. It may be a new bear market for years. All prices may be re-set.