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(1709676)

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Green arrows

Posted by TransitChuckG on Tue Mar 24 07:58:51 2020

Stock futures are way up , today! Again , we will see what happens at the closing belll, today , 03/24/2020.

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(1709690)

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Re: Green arrows

Posted by Orange Blossom Special on Tue Mar 24 08:52:36 2020, in response to Green arrows, posted by TransitChuckG on Tue Mar 24 07:58:51 2020.

I don't remember the stock market trading on 9/12.

I don't know why we are so intent on replicating Italy. Two countries are becoming the punching bag of the world in what not to do.

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(1709693)

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Re: Green arrows

Posted by Stephen Bauman on Tue Mar 24 08:56:26 2020, in response to Re: Green arrows, posted by Orange Blossom Special on Tue Mar 24 08:52:36 2020.

I don't remember the stock market trading on 9/12.

The phone lines were knocked out. It wasn't physically possible.

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(1709698)

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Re: Green arrows

Posted by Orange Blossom Special on Tue Mar 24 09:03:27 2020, in response to Re: Green arrows, posted by Stephen Bauman on Tue Mar 24 08:56:26 2020.

I don't remember DisneyWorld being open either.

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(1709699)

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Re: Green arrows

Posted by GP38/R42 Chris on Tue Mar 24 09:09:38 2020, in response to Re: Green arrows, posted by Orange Blossom Special on Tue Mar 24 09:03:27 2020.

I think they opened the day after.

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(1709704)

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Re: Green arrows

Posted by TransitChuckG on Tue Mar 24 09:36:12 2020, in response to Re: Green arrows, posted by GP38/R42 Chris on Tue Mar 24 09:09:38 2020.

Markets are way up ,for now!!!!!!!!!DJ, 1326,NASDAQ,390 S &P, 138.

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(1709705)

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Re: Green arrows

Posted by Orange Blossom Special on Tue Mar 24 09:37:34 2020, in response to Re: Green arrows, posted by GP38/R42 Chris on Tue Mar 24 09:09:38 2020.

I was in Orlando, and I remember an eerie quiet for more than a day. I could look it up and ruin the conversation, but I want to say it was about a week.

I recall an interview with a Rev. Jackson race marcher in Penna. on 9/12 or 9/13 who screamed and claimed the airlines were flying on those days and making money. That's a claim you don't need to look up to know its the typical nonsense.

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(1709712)

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Re: Green arrows

Posted by Dave on Tue Mar 24 10:39:09 2020, in response to Re: Green arrows, posted by Stephen Bauman on Tue Mar 24 08:56:26 2020.

Yes, it was physically possible. The NYSE was knocked out but NASDAQ was still capable of running.

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(1709769)

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Re: Green arrows

Posted by TransitChuckG on Tue Mar 24 13:08:13 2020, in response to Re: Green arrows, posted by Dave on Tue Mar 24 10:39:09 2020.

As of 1 PM, today, the Stock Markets show DJ, up 1547,NASDAQ, up 418, S&P , UP 158.
People must be buying...........

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(1709786)

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Re: Green arrows

Posted by Osmosis Jones on Tue Mar 24 13:51:37 2020, in response to Green arrows, posted by TransitChuckG on Tue Mar 24 07:58:51 2020.

This might not age well but I say don’t buy the hype. This consumption-based economy is not going to recover until there is solid evidence that a vaccine is on the way and that we are past the peak of the outbreak. Few people are going to spend money on anything but the necessities until this all dies down, no one is going to start taking flights and cruises, buying iPhones and going out to eat just because Trump said go back to work.

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(1709791)

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Re: Green arrows

Posted by Train Dude on Tue Mar 24 13:57:38 2020, in response to Green arrows, posted by TransitChuckG on Tue Mar 24 07:58:51 2020.

Green is good. But just as the 29k dow was teetering because it was overpriced in December, it is well undervalued now. Hopefully we've bottomed out and once a prophylactic vaccine is available, euphoria will start the Express elevator up tothe 30th floor and above, possibly by fall.

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(1709795)

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Re: Green arrows

Posted by Olog-hai on Tue Mar 24 14:04:43 2020, in response to Green arrows, posted by TransitChuckG on Tue Mar 24 07:58:51 2020.



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(1709797)

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Re: Green arrows

Posted by Catfish 44 on Tue Mar 24 14:06:12 2020, in response to Re: Green arrows, posted by Olog-hai on Tue Mar 24 14:04:43 2020.

How about green apples?

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(1709799)

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Re: Green arrows

Posted by Olog-hai on Tue Mar 24 14:17:41 2020, in response to Re: Green arrows, posted by Catfish 44 on Tue Mar 24 14:06:12 2020.

We'll have to ask William Tell.

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(1709801)

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Re: Green arrows

Posted by Charles G on Tue Mar 24 14:21:04 2020, in response to Re: Green arrows, posted by TransitChuckG on Tue Mar 24 13:08:13 2020.

People must be buying...........

People are always buying.

Even on the worst days in the market, people are buying. Every single trade has one buyer and one seller. It is the price at which people are willing to buy and sell that matters.

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(1709806)

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Re: Green arrows

Posted by AlM on Tue Mar 24 14:22:53 2020, in response to Re: Green arrows, posted by Charles G on Tue Mar 24 14:21:04 2020.

Yes, I am buying automatically with every pay check I receive.




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(1709816)

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Re: Green arrows

Posted by Spider-Pig on Tue Mar 24 14:55:09 2020, in response to Re: Green arrows, posted by Train Dude on Tue Mar 24 13:57:38 2020.

It’ll recover, but it might take years to recover the peak. This shutdown has destroyed a lot of economic value.

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(1709825)

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Re: Green arrows

Posted by Olog-hai on Tue Mar 24 15:21:42 2020, in response to Re: Green arrows, posted by Charles G on Tue Mar 24 14:21:04 2020.

Exactly. Nothing is sold to a gaping void.

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(1709826)

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Re: Green arrows

Posted by TransitChuckG on Tue Mar 24 15:21:50 2020, in response to Re: Green arrows, posted by AlM on Tue Mar 24 14:22:53 2020.

Dow up 1,777.

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(1709829)

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Re: Green arrows

Posted by Train Dude on Tue Mar 24 15:25:38 2020, in response to Green arrows, posted by TransitChuckG on Tue Mar 24 07:58:51 2020.

Dow up 9.7%
S&P up 8.1%
NASDAQ up 7.6%

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(1709834)

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Re: Green arrows

Posted by TransitChuckG on Tue Mar 24 15:32:52 2020, in response to Re: Green arrows, posted by Train Dude on Tue Mar 24 15:25:38 2020.

Thank you!

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(1709853)

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Re: Green arrows

Posted by Charles G on Tue Mar 24 16:07:37 2020, in response to Re: Green arrows, posted by TransitChuckG on Tue Mar 24 15:21:50 2020.

It finished the day up 2000 points, over 11%.

All of which is essentially meaningless. The economic value of all of the publicly owned companies did not go up 11% in the last 24 hours. Nor did it go down by a similar large percentage on one of the recent down days.

Watching the daily changes in the market is pointless for most people during most times -- and entirely useless for most people now, unless you are thinking about making a significant move in or out of the market. And if you are one of those people contemplating a significant move I really really hope you aren't basing your decision in any significant way based on what you find on OTChat!

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(1709858)

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Re: Green arrows

Posted by Train Dude on Tue Mar 24 16:21:51 2020, in response to Re: Green arrows, posted by Charles G on Tue Mar 24 16:07:37 2020.

Too soon to be banging pots together but it's nice to see green for a change.

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(1709888)

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Re: Green arrows

Posted by TransitChuckG on Tue Mar 24 17:13:17 2020, in response to Re: Green arrows, posted by Charles G on Tue Mar 24 16:07:37 2020.

Watching the daily changes in the market is pointless for most people during most times -- and entirely useless for most people now, unless you are thinking about making a significant move in or out of the market.

Thank you, Charles G. I'm not doing anything!

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(1709893)

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Re: Green arrows

Posted by Dave on Tue Mar 24 17:27:20 2020, in response to Re: Green arrows, posted by Spider-Pig on Tue Mar 24 14:55:09 2020.

I read today that the market losses in the U.S. approached $10 trillion

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(1709894)

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Re: Green arrows

Posted by TransitChuckG on Tue Mar 24 17:30:51 2020, in response to Re: Green arrows, posted by Dave on Tue Mar 24 17:27:20 2020.

Green is good. But just as the 29k dow was teetering because it was overpriced in December, it is well undervalued now. Hopefully we've bottomed out and once a prophylactic vaccine is available, euphoria will start the Express elevator up to the 30th floor and above, possibly by fall.

We can hope for that, by this fall. Thanks, guys.

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(1709899)

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Re: Green arrows

Posted by Olog-hai on Tue Mar 24 17:34:45 2020, in response to Re: Green arrows, posted by Dave on Tue Mar 24 17:27:20 2020.

Are we going to see a CPUSA membership card with your name on it soon?

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(1709920)

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Re: Green arrows

Posted by Train Dude on Tue Mar 24 18:10:51 2020, in response to Re: Green arrows, posted by Dave on Tue Mar 24 17:27:20 2020.

I agree that it'll take time for the market to come back. I doubt that it'll take years but I also don't believe that itll' come roaring back as the President says. Lots of gunshot money taken out of equities will not find it's way back, so soon. Hopefully, most of us who are retired are not yet relying on our 401k,403B or 457 monies.

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(1709948)

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Re: Green arrows

Posted by Jeff Rosen on Tue Mar 24 19:22:20 2020, in response to Re: Green arrows, posted by Catfish 44 on Tue Mar 24 14:06:12 2020.

Or O.C. Smith

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(1710044)

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Re: Green arrows

Posted by TransitChuckG on Wed Mar 25 08:11:30 2020, in response to Green arrows, posted by TransitChuckG on Tue Mar 24 07:58:51 2020.

03-25-2020, Futures up on latest deal!

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(1710045)

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Re: Green arrows

Posted by TransitChuckG on Wed Mar 25 08:13:29 2020, in response to Re: Green arrows, posted by TransitChuckG on Wed Mar 25 08:11:30 2020.

Correction, futures down.

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(1710090)

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Re: Green arrows

Posted by Train Dude on Wed Mar 25 10:49:56 2020, in response to Re: Green arrows, posted by TransitChuckG on Wed Mar 25 08:13:29 2020.

Its early but dow is up 1.5%.

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(1710093)

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Re: Green arrows

Posted by Spider-Pig on Wed Mar 25 10:57:27 2020, in response to Re: Green arrows, posted by Train Dude on Wed Mar 25 10:49:56 2020.

S&P (the useful index) up 0.52%.

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(1710098)

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Re: Green arrows

Posted by Orange Blossom Special on Wed Mar 25 11:02:12 2020, in response to Green arrows, posted by TransitChuckG on Tue Mar 24 07:58:51 2020.

Where's cassandrazbmt at? They missed the largest gain since 1933 yesterday.

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(1710193)

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Re: Green arrows

Posted by TransitChuckG on Wed Mar 25 15:30:09 2020, in response to Re: Green arrows, posted by Spider-Pig on Wed Mar 25 10:57:27 2020.

S&P (the useful index) up 4.23%. 27 minutes before the closing bell.

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(1710385)

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Re: Green arrows

Posted by TransitChuckG on Thu Mar 26 10:29:53 2020, in response to Re: Green arrows, posted by TransitChuckG on Wed Mar 25 15:30:09 2020.

03/26/2020. DJ, NASDAQ, S&P all up 4%.

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(1714736)

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Re: Green arrows

Posted by Olog-hai on Tue Apr 7 12:17:19 2020, in response to Green arrows, posted by TransitChuckG on Tue Mar 24 07:58:51 2020.

Zooming up again today.

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(1714820)

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Re: Green arrows

Posted by TransitChuckG on Tue Apr 7 15:36:06 2020, in response to Re: Green arrows, posted by Olog-hai on Tue Apr 7 12:17:19 2020.

No zoom at this point , DJ only up 100.

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(1714825)

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Re: Green arrows

Posted by TransitChuckG on Tue Apr 7 15:45:24 2020, in response to Re: Green arrows, posted by TransitChuckG on Tue Apr 7 15:36:06 2020.

Up 287, with 13 minutes to go!

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(1714827)

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Re: Green arrows

Posted by Elkeeper on Tue Apr 7 15:58:12 2020, in response to Re: Green arrows, posted by TransitChuckG on Tue Apr 7 15:45:24 2020.

Now is the time to buy utility stocks, like I did. You will never see ConEd in the low $70's again. PEG, too!

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(1714829)

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Re: Green arrows

Posted by TransitChuckG on Tue Apr 7 16:04:35 2020, in response to Re: Green arrows, posted by Elkeeper on Tue Apr 7 15:58:12 2020.

DJ finished in the Red ,down, 27 points.

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