Stocks are set to jump, with Dow futures pointing to a more than 800 point gain

The bullish sentiment was driven by a number of things:

New York State reported 594 new coronavirus deaths on Sunday, fewer than 630 on Saturday, marking the first daily decline in coronavirus-related deaths, according to Governor Andrew Cuomo. . U.S. crude was still off by 4%, but off its biggest losses of overnight trading, easing concerns the oil market would further destabilize the global economy.

Last week, the major averages posted their third weekly decline in four. The Dow slid 2.7% while the S&P 500 lost 2.1%. The Nasdaq Composite closed last week down 1.7%. Stocks are also deep in bear-market territory as concerns over the coronavirus outbreak have virtually shut down the global economy and have dampened sentiment around corporate profits.

JustinZayat elerianm Panie Prezydencie, Panie Premierze Zjednoczonych Emiratów Arabskich, podobno: 98% wizjonerów ze wschodu należy do międzynarodowej grupy przestępczej, która niszczy Świat! To są kanibalee, psychopacii i terroryści! Zabiją ludzi na odległość, niszczą cały Świat! Trzeba ich zabićć!!

elerianm Joe, I am the CFO of a 200 employee firm in Jackson, MS... we worked the PPP Applicatiin process starting Mar-23 and had no problems with getting our app in

elerianm Kiernan and Cramer always pom pom Trump. Besides lives lost Trump’s failure to act on COVID-19 will significantly delay economic recovery

elerianm Not enough death ?

elerianm Downward Trend. Follow me on Twitter richardqkang

elerianm So slimy how, at the beginning of a pandemic, CNBC is now doing their cheerleading by suggesting: 'We knew [last week] was gonna be the worst week ever.' Just gross, these people. TrumpVirus Resist

elerianm JoeSquawk is such an insufferable Trumper, god forbid an honest assessment that implies all is not well and to use caution. I appreciate your sacrifice, elerianm

elerianm Joe block me for some reason years ago but I agree with him that we need to be more optimistic.

elerianm Does JoeSquawk want to work for Fox instead?

elerianm You're too negative Mohammed. You're underestimating the US all hands on deck effort and the resources brought to bear on this challenge.

elerianm It’s nice you ‘feel better’ after a +3% gain. Maybe, the indicator is when your feeling sick? CornavirusOutbreak

elerianm Would like to see elerianm pooch roaming around in the background. Would help start the day with a smile.

elerianm JoeSquawk didn’t take his meds today. What are you doing here Joe? Buy or Sell since it’s so simple? Let’s put you in record and we can come back in 6 months. I’m sure you’re not man enough to respond .....

elerianm Bounce? Such BS. Switch off the machines until they have “pandemic” coded into their vocabulary.

elerianm But it’s only minimally good news of a slow in Spain, Italy and NYC.... says nothing about the rest of the USA which will get worse before better?

elerianm Trump fool's gold. Only a fool would buy into this market. We rally on less deaths? How sad & pathetic the crooks on Wall St are. The economy is closed and its nothing like we have ever seen. Another chance to sell Trump is a Conman

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Stocks are set to jump at Monday's open, Dow futures rise more than 200 pointsU.S. stock futures rose on Sunday night as Wall Street tried to recover from another decline last week. US futures up in early Sunday evening trade. Dow futures +297 points. Wow 200 points ! 🙄 CNBC. WOW!! Sincerely
Source: CNBC - 🏆 12. / 72 Read more »

The Bottom Isn’t Here Yet for Stocks. A Look at the Last 800 Years of Economic Data Shows Why.Since World War II, the average bear-market reversal has been 71%; the median, 54%. That would put the S&P 500 at 1455 or 1798, versus over 2500 Thursday. Pssst: this was not a collapse based on the fundamentals... but you knew that already. _MichaelWhitton What for the President to get even more stupid...don’t think it can happen realDonaldTrump
Source: MarketWatch - 🏆 3. / 97 Read more »

Asia Pacific stocks edge higher; oil prices drop as OPEC and its allies delay meetingStocks in Asia Pacific edged higher on Monday morning as a scheduled meeting between the Organization of the Petroleum Exporting Countries and its allies, initially set to take place later today, was delayed. Oh , I thought Trump fixed the disagreement between SA & RU . MakeChinaPay xijinpingheadonaplatter
Source: CNBC - 🏆 12. / 72 Read more »

Stocks, Futures Rise, in Positive Sign for U.S. MarketsGlobal markets rose on Monday, with several stock indexes in the Asia-Pacific region adding more than 2% and S&P 500 futures rising, suggesting U.S. markets could also gain ground later in the day. Now JP Morgan sounding more bullish, on slowing US cases. Don't hold your breath.. 🤔 Yes. Thank you again for pointing out that a decline in human deaths can boost profits. Maybe a tad of empathy? Just a tad It is loss of life after all. Just a suggestion.
Source: WSJ - 🏆 98. / 63 Read more »

UBS says stick to these strong-balance-sheet stocks that can withstand shocks'Balance sheet strength is critical right now as companies may suffer significant revenue disruption ahead,' UBS analyst Paul Winter said in a note to clients. Pro SaveThePeople_NotWallStreet Pro Duh Pro How many are there?
Source: CNBC - 🏆 12. / 72 Read more »