Stock market chatter

[disneysteve]

One thing that could spook the market is if some high profile person or people come down with COVID-19. We know Trump has potentially been exposed. Several other government officials have been as well. Or maybe a celebrity or two.

[disneysteve]

One thing that could spook the market is if some high profile person or people come down with COVID-19. We know Trump has potentially been exposed. Several other government officials have been as well. Or maybe a celebrity or two.

Okay, that was a little creepy.

No sooner did I post this than we're reading the news and find out that Tom Hanks and Rita Wilson have both been diagnosed with CV19. Then the news broke that the NBA was suspending the season after a player on the Utah Jazz tested positive.

Between that stuff and Trump speaking tonight, the market should be in a free fall tomorrow.

[kork13]

Okay, that was a little creepy.

No sooner did I post this than we're reading the news and find out that Tom Hanks and Rita Wilson have both been diagnosed with CV19. Then the news broke that the NBA was suspending the season after a player on the Utah Jazz tested positive.

Ok there, Nostradamus... No more speculations out of you! Lol

[disneysteve]

Ok there, Nostradamus... No more speculations out of you! Lol

Perhaps I missed my calling. Time to put on my turban and robe and start doing readings.

[TexasHusker]

Now tell us what the markets are going to do tomorrow!!??

[disneysteve]

Now tell us what the markets are going to do tomorrow!!??

Dow futures are down 965 so I don’t think you need a seer to know what’s going to happen tomorrow.

[TexasHusker]

Dow futures are down 965 so I don’t think you need a seer to know what’s going to happen tomorrow.

Maybe that kitty will bounce somewhere in there.

[disneysteve]

Maybe that kitty will bounce somewhere in there.

Don’t bet on it.

Futures were flat. Then Trump opened his mouth. Then futures dropped 1,000 points.

Fire up those brokerage accounts and get your cash ready. As they say, the time to buy is when there is blood in the streets.

[Singuy]

Wow NCL is at 15 bucks. The amount value of all their ships now surpassed the 3 billion dollar evaluation assigned to the company by a factor of 2x..lol.

[bjl584]

There are going to be a lot of screaming deals out there if you have the patience to wait for things to turn around.

I see a fair amount of pent up demand once this settles down.
Consumers are going to have cabin fever and have some extra cash to to spend.

[disneysteve]

OMG. Trump's comments really crashed the market.

The cruise lines are getting destroyed. Royal Caribbean is down almost $11 today alone. Last month, they were at $117. Now they are at $33. Carnival is down from $44 to $18. American Air is down from $30 to $14.

There will be fortunes made this week.

[cypher1]

OMG. Royal Caribbean is down almost $11 today alone. Last month, they were at $117. Now they are at $33. There will be fortunes made this week.

Watching that. Tempted to grab some, even though I said I wouldn't buy more stocks.

[TexasHusker]

OMG. Trump's comments really crashed the market. No surprise there.

The cruise lines are getting destroyed. Royal Caribbean is down almost $11 today alone. Last month, they were at $117. Now they are at $33. Carnival is down from $44 to $18. American Air is down from $30 to $14.

There will be fortunes made this week.

Hey I thought we weren’t going political here?

[disneysteve]

A list of performance by sector is showing Energy/Minerals at the bottom down 40%. So I took at look at Vanguard's offerings. VDE, their energy ETF, is off over 50% YTD. Is anybody thinking about investing in that area?

[disneysteve]

Hey I thought we weren’t going political here?

I removed my editorial comment.

Otherwise, it's really a statement of fact. The futures started plummeting while he was still talking.

Also, the European Central Bank said they would ramp up bond buying and do some sort of relief for lenders but no interest rate cuts, which is what investors were hoping for, so those markets are declining too.