that the coronavirus sell-off will be a great opportunity for long-term investors, just like in the 1987 Black Monday market crash. “Amid all the gloom, a key difference from 2008-09 is that the financial system – the lifeblood of the economy – is still relatively healthy,” says Lewis Alexander, chief U.S. economist at Nomura.
during Thursday’s market sell-off. Warren Buffett’s Berkshire Hathaway and Jack Ma’s Alibaba both lost around $40 billion in market value.“Stocks are rebounding in the U.S. and Europe after the absolute bloodbath session on Thursday,” according to Vital Knowledge founder Adam Crisafulli. “This doesn’t feel like anything more than an oversold bounce, although there were a bunch of response measures unveiled in the last 12 hours that are helping to stabilize sentiment.
skleb1234 No, no it didn't.
skleb1234 It won’t hold. Dow 20k by end of day
skleb1234 Imagine how American human beings would be doing if they had a $1.5T cash injection! Seems like no one in charge of these financial blessings gives a damn about the actual living breathing human beings.
skleb1234 How deplorable. 'If a free society cannot help the many who are poor, it cannot save the few who are rich.' John F. Kennedy!
skleb1234 Pump 1.5 trilly into me and see how I react.
skleb1234 gloomy_gus_esq tahaaaaa 😂🤡
skleb1234 A warm fuzzy
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Stocks bounce back after entering bear marketThe stock market's roller coaster week continues as investors continue to worry about the coronavirus outbreak. Go here for the latest updates on the Dow, S&P 500, companies and more. Okay will check back at close of the day. Report the news not the brand new REP. CHARLY CRIP (D) FL.- HE SAID IT WOULD BE TRUMP LIKE - TO BE LOOKIN AT THE MARKET AT THIS TIME - REALY CHAS ? If the world were coming to an end why are we still seeing advertising commercials.
Source: CNN - 🏆 4. / 95 Read more »
Stocks may be due for a near-term bounce after worst day since 1987, trader saysThe U.S. stock market appears primed for upside that could last longer than recent bounces, says Miller Tabak chief market strategist Matt Maley. TradingNation They'll be trending down for weeks more... The US is likely to have hundreds of thousands of deaths... That's not an environment in which the market will rebound meaningfully. TradingNation Dead cat bounce TradingNation BlueHorseShoe Loves Anacott Steel
Source: CNBC - 🏆 12. / 72 Read more »
European stocks bounce after ECB comment and ban on short selling of Italian and Spanish equitiesEuropean stocks were in the green on Friday, on the heels of the historic losing day, as the European Central Bank said it would support markets and several exchanges banned short selling of hard-hit Spanish and Italian equities. Reducing liquidity when needed. Genius. Every company in the US is sending workers home indefinitely. Production and revenue impact will be huge from this. We will test new market lows in the coming weeks despite any legislation. NationalEmergency DeclareIt
Source: MarketWatch - 🏆 3. / 97 Read more »
Trump Defends Travel Ban, Says Stock Market Will Bounce BackPresident Trump is defending the new restrictions on travelers from most parts of Europe — a decision that has sent stock markets reeling and been questioned by some public health experts. I’m so glad he continues to give good reasons to get rid of him in November! Your coverage of Trump is abysmal. trump knows he and his family members, House and Senate members and many others have the Best Healthcare paid on the backs of every other America. So just give him a ball to play with as the coronavirus makes everybody else sick.
Source: NPR - 🏆 96. / 63 Read more »
With stocks selling off as rapidly as 1987, some analysts wonder if they can bounce as fast tooAnalysts are comparing the stock market's swift selloff to the crash of 1987 because both markets reached bear market territory quickly. jimmy cracked corn and i don't care. They will. All the Robinhood Bros are going to save us all. Best buying opportunity since 2008
Source: CNBC - 🏆 12. / 72 Read more »