tsptalk's Market Talk

[tsptalk]

One of the leaders is failing at the lows...

 

[SoonerCaniac]

Can we at least wait until 4pm first before paying out? I'm not giving up on the day 15 minutes into the open! :worried:

OK, I give up. :blackeye: 1965Vintage wins. :notworthy: What tomorrow's prediction? :trink26:

 

[ravensfan]

I'd bet anyone $10 that the Market is down at least 3% tomorrow.

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You called that one...

 

[James48843]

One of the leaders is failing at the lows...

I’m afraid the entire transportation sector is going to be depressed for quite some time. Airlines and Cruise Ships- both cancelling trips. Putting aircraft and shops into mothballs is next. Demand for both is way off, we just don’t see the numbers yet. Give it a couple of weeks and they won’t be able to keep the numbers quiet.

Trucking continues to be hit, shipping of goods down on slack demand. I am thinking it will be a full fledged recession before too long. We’ll just have to wait and see how it pans out.


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[slayer72]

273,000 on jobs report, not too shabby.

 

[tsptalk]

273,000 on jobs report, not too shabby.

The best jobs report that will get ignored. Rear view mirror data, but could set the tone for some buying after the weak open.

 

[James48843]

Jobs better than expected at 273,000. Yet Dow futures down 800 points, -3.4%.

Go figure.


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[1965Vintage]

Best jobs report that you could ask for. Yet the futures drop more.

For some reason, this song keeps going through my head! :laugh:

 

[jonfresno]

Best jobs report that you could ask for. Yet the futures drop more.

For some reason, this song keeps going through my head! :laugh:

Problem is I'm not feelin' fine.. :smile:

 

[quabit]

Wow Vix hit a high 46 again today and the close is still hours away. Are we at total panic yet. :684:

Also WHO mention that the virus could be spreading via cash. In this case anyone fearing that, can send me theirs and I will gladly take that problem off your hands.
https://www.yahoo.com/news/cash-could-spreading-coronavirus-warns-154003480.html

 

[tsptalk]

I've been touting the Nasdaq and HYG's ability to hold above their 200-day EMA. The Nasdaq is trying again today, but HYG is struggling, although bouncing...

 

[tsptalk]

:blink:

Highest close for the VIX, but what a reversal.

 

[bmneveu]

When a candle maker has too much wick and not enough wax:

 

[Tsunami]

:blink:

Highest close for the VIX, but what a reversal.

I'm still sulking over selling my 800 shares of TVIX for a small gain at $42....today TVIX reached $200! Sigh.

 

[k0nkuzh0n]

looks like we have hit 2 market circuit breakers at 5% and 7% before the market opened.

 

[tsptalk]

 

[bmneveu]

looks like we have hit 2 market circuit breakers at 5% and 7% before the market opened.

The 5% halt occurred yesterday and stopped all futures trading until today's open. The 7% halt occurred at 9:34, 4 minutes after we opened. Reopen after 15 minutes.

 

[tsptalk]

It's early and we could get another bout of selling, and the bears will certainly try, but right now we have another long kangaroo tail reversal as it tries to fill the morning open gap.

 

[tsptalk]

Bonds are well off their highs, and gold is now down. Very interesting action for these safety trades given the fear in the stock market.

 

[Rod]

Bonds are well off their highs, and gold is now down. Very interesting action for these safety trades given the fear in the stock market.

AGG may end up being down for the day.