later in the quarter as the COVID-19 pandemic improves. "I like some stocks here now, and I like some stocks later, but I sure don't like most of the market," Cramer said.The Dow fell further to be about 900 points negative for the day, trading around the 21,000 level. The S&P 500 fell 4.25% and the Nasdaq dropped 3.8%. New York Gov.
Analysts have warned that falling oil prices will lead to a wave of consolidation or bankruptcies in the U.S. energy sector, and the Street got its first taste of what could be to come when U.S. shale producer Whiting Petroleum filed for bankruptcy on Wednesday. "The oil patch is falling apart ... This is the other bomb that's dropping," CNBC's Jim Cramer"I think they're the first of many," he said in reference to Whiting's bankruptcy filing.
Wake up fella, there are NO market pros, otherwise they would have seen this coming and liquidated their holdings. These so-called pros are like addicts to the bullshit they spew from their pie-holes. Just shut up already.
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Stock market live Monday: Dow rises nearly 700, J&J vaccine hope, oil 18-year low“We are going to have bankruptcies, and bankruptcies unfortunately destroy the capital structure completely,” Allianz’s Mohamed El-Erian said this morning. “It is a very selective game right now, rather than calling the all clear and going in for indices.” Joe should probably consider a shirt neck size a little bigger. He looks like a tick about to pop. elerianm thank you for your information. Stay safe👍🏻 Cross your fingers that the corporate bailouts and small business loans have enough juice to June stevenmnuchin1
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