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Thread: Black Monday

  1. #8131
    Legend Balance's Avatar
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    https://www.odt.co.nz/news/world/eu-...-recovery-deal

    EU reaches accord to spend trillions of dollars to cushion COVID-19 adverse impact.

    The money just keep coming!

  2. #8132
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    Quote Originally Posted by Balance View Post

    EU reaches accord to spend trillions of dollars to cushion COVID-19 adverse impact.
    Yep and it will probably work, provided they get on top of covid. Some countries there are on track for elimination.
    common bonds and 2-3% inflation target will help them beat the US of A.
    Last edited by Panda-NZ-; 22-07-2020 at 07:19 PM.

  3. #8133
    ShareTrader Legend bull....'s Avatar
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    gold on a tear , mentioned months ago we would test the highs some where around 1850 - 1900 level. interesting that as gold roars and bonds are verging on a major break down to new lows , equities keep going up. Who;s right or maybe it doesnt matter anymore?


    why the nasdaq outperform


    Six tech stocks now make up half the value of the Nasdaq 100

    https://www.cnbc.com/2020/07/22/thes...00s-value.html


    also The S&P 500 gets 22% of its value from five of those companies
    Last edited by bull....; 23-07-2020 at 06:25 AM.
    one step ahead of the herd

  4. #8134
    ShareTrader Legend bull....'s Avatar
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    I was just mentioning the concentration in tech yesterday and we getting a bit of sell off today. gold pretty much hit our cycle target today at 1898 so we see what happens pretty overbrought at these levels but lets see should remain well supported and watching the bonds if we get a decisive breakdown might get some fire works in some sectors of the market.

    some good places to have money parked since march (some individual stocks have done better )

    Up from the March Lows
    Silver Miners SIL: 178%
    Brent: +174%
    Gold Miners GDX: +152%
    Silver: +96%
    Oil Stocks XLE: +67%
    Nasdaq: +64%
    Copper: +51%
    Dow Transports: +51%
    Russell 2000: +55%
    S&P 500: +49%
    Gold: +28%

    Bloomberg data.


    one step ahead of the herd

  5. #8135
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    Quote Originally Posted by bull.... View Post
    Up from the March Lows
    Silver Miners SIL: 178%
    Brent: +174%
    Gold Miners GDX: +152%
    Silver: +96%
    Oil Stocks XLE: +67%
    Nasdaq: +64%
    Copper: +51%
    Dow Transports: +51%
    Russell 2000: +55%
    S&P 500: +49%
    Gold: +28%

    Bloomberg data.


    BTC +118%
    ETH +223%

    cash is trash

  6. #8136
    ShareTrader Legend bull....'s Avatar
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    gold still going strong , blew past my 1900 level but still well overbrought so lets see
    one step ahead of the herd

  7. #8137
    ShareTrader Legend bull....'s Avatar
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    Quote Originally Posted by Entrep View Post
    BTC +118%
    ETH +223%

    cash is trash
    your right cryto's offer good returns if you get the right one , didnt mention it because a lot of posters on this site are only simple stock investors with no interest in the mega opportunities offered by the investment universe
    Last edited by bull....; 28-07-2020 at 07:32 AM.
    one step ahead of the herd

  8. #8138
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    Quote Originally Posted by bull.... View Post
    your right cryto's offer good returns if you get the right one , didnt mention it because a lot of posters on this site are only simple stock investors with no interest in the mega opportunities offered by the investment universe
    Simple stock investors who recognise mega scams like Bitcoin and leave the scams to the fools to play with.

    This is not a thread to promote scams, much as some posters here would like to think and do.

    Whatever happened with all the doom and gloom the likes of you & Entrep were posting incessantly for months anyway?
    Last edited by Balance; 28-07-2020 at 08:59 AM.

  9. #8139
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    Quote Originally Posted by bull.... View Post
    gold still going strong , blew past my 1900 level but still well overbrought so lets see
    I've been buying silver as it was drastically out of balance with Gold prices. Seen a nice jump the last few weeks

  10. #8140
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    Quote Originally Posted by Balance View Post
    Whatever happened with all the doom and gloom the likes of you & Entrep were posting incessantly for months anyway?
    Quite simple Balance, stocks kept going up. I know your head is in the sand but really!? I'm not short stocks so I'm not concerned.

    Most balanced share investors probably want to know about both sides of the debate when making their decisions. You seem to think some sort of echo chamber is preferable. Very unbalanced I have to say.

    If you think me posting BTC gains alongside some other poster referring to gold is scammy then report the post and have your buddies ban me. Otherwise keep eating that crypto salt

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