These risky stocks got a Fed lifeline and could be due for a 'big bounce,' Jefferies says

Federal Reserve Chairman Jerome Powell speaks to reporters after the Federal Reserve cut interest rates in an emergency move designed to shield the world's largest economy from the impact of the coronavirus, during a news conference in Washington, March 3, 2020.

Pro Still waiting for $1200

Pro A bounce is a bubble...not earnings or growth.

Pro I don't believe it at all! This old man is bad!

Pro Invest in companies with crappy balance sheets and greedy stupid executives! Just make sure they've levered their debt enough to create a liquidity crisis, or else the Fed won't buy their assets. What a joke.

Pro And, btw, giving a picture of Fed Chair Powell after the market has bounced over 20% does not give me warm and fuzzy feelings.

Pro Don’t tweet from CNBC if we can’t read it. Just post the damn article or just tweet from cnbcpro.

Pro Lifeline for how long? Seen this back in 2000 and 2008. I will wait for lower prices thank you very much.

Pro Can we also get some lifeline ? Or is it just for multi billionaire hedge fund managers and big corp ?

Pro Fed lifeline is a nice way of saying taxpayer funded corporate welfare.

Pro To late

Pro

Pro Despite all the elevated fear and bearishness, the number of new 52-week lows on the NYSE is down to nearly zero new lows. Peak was March 12th with 1357 new lows. Today no mucho.

Pro Boycott Chinese government n Chinese people

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Wall Street analyst who called the 2018 rout says ‘don’t fight the Fed’ and ‘buy the dips’ is back on in this coronavirus-stricken stock marketMorgan Stanley’s chief U.S. equity strategist in a Monday research note, along with a team of strategist, including Adam Virgadamo, Andrew Pauker and Michelle Weaver, double down and even up their enthusiasm for equities in the aftermath of the pandemic that has rocked global markets and economies. When someone goes public saying 'don't fight the FED' you can tell how the markets are manipulated.
Source: MarketWatch - 🏆 3. / 97 Read more »