Black Monday

[blackcap]

https://www.westpac.com.au/content/d...rSentiment.pdf

released today

Interesting isn't it. Economies and markets are often on divergent paths.

[Peitro]

Interesting isn't it. Economies and markets are often on divergent paths.

usually the correlation isn't -1!

[ynot]

Oil & Quantas down, also market sentiment turning south. Interesting if they repeat again tomorrow.

Might be our market is due for a dose of reality also instead of blindly following the US .

Westpac report makes sober reading.

[Joshuatree]

No endgame: Silicon Valley facing a bigger crisis than dotcom crash or the GFC

[see weed]

This is one he.l of a dead cat bounce.

[Joshuatree]

Glass nearly empty gloomy monday!

'Great Lockdown' to rival Great Depression with 3% hit to global economy, says IMF

[Balance]

You have to ask one question: “Do you feel lucky?”

https://www.livewiremarkets.com/wire...y-harry-moment

You want to bet against the Federal Reserve with it’s unlimited monetary arsenal?

Like the bear hedge funds who are licking their wounds after last week record rise on the US market?

Excerpt : The Fed is now arguably the biggest asset manager in the world (with over US$6 trillion in AUM) with one ace up its sleeve: it has never-ending capital through its unlimited ability to print money and can never, therefore, really lose.

If the market wants to try and bet against the Fed, the Fed will simply buy it--and I mean all of it.

Hence the aphorism, "Don't fight the Fed!"

[Balance]

Hence the aphorism, "Don't fight the Fed!"

By the time that the Fed is finished (which is never), your money in the bank will be worthless - that's the long and short of it.

[Baa_Baa]

There’s a few exhaustion doji (indecision/reversal) on the charts today. Haven’t had a chance to do a thorough look yet. Check your own favourite shares for a candle with a long tail above or an indecision doji, a simple cross. Early days but DOW futures down a bit at the moment. Current V shaped recovery looks like madness and confounding many here on numerous threads, madness down, madness up. Looking for the little clues. Market is manic, when it looks too good to be true, it is too good to be true. If this reverses to new lows it will be the biggest bear trap of all time and have scammed so many opportunists out of their money.

GLA

[Valuegrowth]

The coronavirus stock market rally was making progress. What sell-off! Jeff Bezos gets $6.4 Billion Richer.
Few stocks are hitting all time high. Amazon is the first major company to rebound from the coronavirus market selloff. One thing is sure. Market may have volatility but there will be individual winning stocks throughout the world.