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Author Topic: 10 Mar 2020 Stock Market Roller Coaster Discussion Thread  (Read 1309 times)

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Offline catfish1957

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10 Mar 2020 Stock Market Roller Coaster Discussion Thread
« on: March 10, 2020, 05:25:48 am »
@12:15 a.m. CDT Stock Index Futures- 

DJIA - +668 (+2.9%)
S&P 500- +81.50 (+3.0%)
NASDAQ- +270 (+3.4%)

Nikkei in Japan- Flat
Han Seng- HK- Up 2%

Oil- Both WTI and Brent up about 7%.

Gold Down 1%
« Last Edit: March 10, 2020, 05:27:09 am by catfish1957 »
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Offline Lando Lincoln

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Re: 10 Mar 2020 Stock Market Roller Coaster Discussion Thread
« Reply #1 on: March 10, 2020, 11:31:31 am »
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Offline catfish1957

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Re: 10 Mar 2020 Stock Market Roller Coaster Discussion Thread
« Reply #2 on: March 10, 2020, 12:12:32 pm »


@ 07:10 a.m. CDT Stock Index Futures- 

DJIA - +990 (+4.2%)
S&P 500- +114.50 (+4.2%)
NASDAQ- +343 (+4.3%)

Nikkei (Japan)- Closed up <1%
Han Seng- HK- Closed up 1.4%
FTSE (England)- Up 3.6%
DAX- (Germany) Up 2.5%
CAC- (France)- Up 3.2%

Oil- Both WTI and Brent up a little over 10%.

Gold Down <1%
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Offline catfish1957

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Re: 10 Mar 2020 Stock Market Roller Coaster Discussion Thread
« Reply #3 on: March 10, 2020, 01:25:19 pm »
Big pre-market moves in the oil sector.

Most everything up 10-20%.
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Offline catfish1957

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Re: 10 Mar 2020 Stock Market Roller Coaster Discussion Thread
« Reply #4 on: March 10, 2020, 01:50:59 pm »
8:45 a.m. cdt

DJIA up 2.49% +594
S&P 500 up 2.58%
NASDAQ up 2.56%

Biggest news...

Fed Action taking hold.  Bonds roaring back.

30 Year TBond rates- Up 23%
10 Year TBond rates- Up 35%
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Offline Applewood

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Re: 10 Mar 2020 Stock Market Roller Coaster Discussion Thread
« Reply #5 on: March 10, 2020, 01:53:19 pm »
Keeping my fingers, toes and eyes crossed this will be a good day for the markets.   
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Offline andy58-in-nh

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Re: 10 Mar 2020 Stock Market Roller Coaster Discussion Thread
« Reply #6 on: March 10, 2020, 01:57:01 pm »
DOW 813.30 3.41% S&P + 95.89 3.49%
10:12am ET
« Last Edit: March 10, 2020, 02:12:48 pm by andy58-in-nh »
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Re: 10 Mar 2020 Stock Market Roller Coaster Discussion Thread
« Reply #7 on: March 10, 2020, 02:20:46 pm »
 :2popcorn:
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Offline LordHelpMe

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Re: 10 Mar 2020 Stock Market Roller Coaster Discussion Thread
« Reply #8 on: March 10, 2020, 02:44:13 pm »
"A Box of Rocks is Smarter than Joe Biden'

Are you sure? Biden has rocks in his head!
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Re: 10 Mar 2020 Stock Market Roller Coaster Discussion Thread
« Reply #9 on: March 10, 2020, 02:53:24 pm »
Welcome to TBR, @LordHelpMe!  Where did you hear about us?
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Offline catfish1957

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Re: 10 Mar 2020 Stock Market Roller Coaster Discussion Thread
« Reply #10 on: March 10, 2020, 02:58:26 pm »
at 10:00 a.m. CDT.....

Most of the gains of the day are lost.

DJIA +315pts.

« Last Edit: March 10, 2020, 03:05:16 pm by catfish1957 »
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Offline catfish1957

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Re: 10 Mar 2020 Stock Market Roller Coaster Discussion Thread
« Reply #11 on: March 10, 2020, 06:27:59 pm »
1:15 p.m CDT

DJIA +262 pts (+1.3%)
S&P 500- +37 pts (+1.3%)
NASDAQ- +110 pts. (+1.4%)

FTSE- (+.4%)
DAX -(-1.4%)
CAC- (-1.5%)

Gold- $1,653/oz. (-1.2%)

30 yr T bond- 1.03%
10 yr. T bond- 0.61%

WTI- 33.85 (+11.9%)

VIX- 52

Whiplash gyrations all day, and still more calm than yesterday.   :cool:

Hope we get some stability relatively soon, to truly sort out where we are.

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Offline Applewood

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Re: 10 Mar 2020 Stock Market Roller Coaster Discussion Thread
« Reply #12 on: March 10, 2020, 06:30:03 pm »
Quote from: catfish1957 on March 10, 2020, 06:27:59 pm
...
Hope we get some stability relatively soon, to truly sort out where we are.

No worries.  The president and congress are going to put together a "stimulus" package that will fix everything.   *****rollingeyes*****
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Online Smokin Joe

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Re: 10 Mar 2020 Stock Market Roller Coaster Discussion Thread
« Reply #13 on: March 10, 2020, 06:30:10 pm »
Well, either the hottest buying opportunity has passed, or it is a 'dead cat bounce', but I think as more is learned about COVID-19, the more the panic will lessen.
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Offline catfish1957

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Re: 10 Mar 2020 Stock Market Roller Coaster Discussion Thread
« Reply #14 on: March 10, 2020, 06:33:49 pm »
Quote from: Smokin Joe on March 10, 2020, 06:30:10 pm
Well, either the hottest buying opportunity has passed, or it is a 'dead cat bounce', but I think as more is learned about COVID-19, the more the panic will lessen.

I don't think i have ever seen the VIX over 50 for three consecutive days.....   ever
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Offline Free Vulcan

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Re: 10 Mar 2020 Stock Market Roller Coaster Discussion Thread
« Reply #15 on: March 10, 2020, 06:57:07 pm »
One good sign - the market tried to break past last week's lows - on greater volume - and didn't get it done.

Which means they were buying underneath it, and as if right now are driving it up a bit.

Which at least points to some temporary market stability.
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Offline catfish1957

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Re: 10 Mar 2020 Stock Market Roller Coaster Discussion Thread
« Reply #16 on: March 10, 2020, 07:00:41 pm »
Quote from: Free Vulcan on March 10, 2020, 06:57:07 pm
One good sign - the market tried to break past last week's lows - on greater volume - and didn't get it done.

Which means they were buying underneath it, and as if right now are driving it up a bit.

Which at least points to some temporary market stability.

IF I had been 20 years younger, not retired, and not relying on investment fixed income, I'd went all in with all liquidity yesterday.
There were some serious bargains out there.
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Offline berdie

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Re: 10 Mar 2020 Stock Market Roller Coaster Discussion Thread
« Reply #17 on: March 10, 2020, 07:56:24 pm »
Quote from: Smokin Joe on March 10, 2020, 06:30:10 pm
Well, either the hottest buying opportunity has passed, or it is a 'dead cat bounce', but I think as more is learned about COVID-19, the more the panic will lessen.



I agree. I just hope the Russian/Saudi stand off cools off!
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Offline berdie

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Re: 10 Mar 2020 Stock Market Roller Coaster Discussion Thread
« Reply #18 on: March 10, 2020, 08:00:05 pm »
Quote from: catfish1957 on March 10, 2020, 07:00:41 pm
IF I had been 20 years younger, not retired, and not relying on investment fixed income, I'd went all in with all liquidity yesterday.
There were some serious bargains out there.



Same here. I went 90 per cent cash/bonds last year and have been kicking myself ever since. UNTIL this happened.

If I were younger, not retired...and more risk tolerant. :yowsa:
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Offline andy58-in-nh

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Re: 10 Mar 2020 Stock Market Roller Coaster Discussion Thread
« Reply #19 on: March 10, 2020, 08:03:17 pm »
Closing #'s per my Bloomberg term -

DOW 25015.91 +1164.40 ^4.88%...NASDAQ 8344.253 +393.577 ^4.95%S&P 2881.87  +135.34 ^4.93%
Nice day....

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"The most terrifying force of death, comes from the hands of Men who wanted to be left Alone. They try, so very hard, to mind their own business and provide for themselves and those they love. They resist every impulse to fight back, knowing the forced and permanent change of life that will come from it. They know, that the moment they fight back, their lives as they have lived them, are over. -Alexander Solzhenitsyn

Offline catfish1957

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Re: 10 Mar 2020 Stock Market Roller Coaster Discussion Thread
« Reply #20 on: March 10, 2020, 08:06:54 pm »
Quote from: andy58-in-nh on March 10, 2020, 08:03:17 pm
Closing #'s per my Bloomberg term -

DOW 25015.91 +1164.40 ^4.88%...NASDAQ 8344.253 +393.577 ^4.95%S&P 2881.87  +135.34 ^4.93%
Nice day....

Wife forced me off CNBC this afternoon, and turned the TV off.   9999hair out0000
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Offline Free Vulcan

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Re: 10 Mar 2020 Stock Market Roller Coaster Discussion Thread
« Reply #21 on: March 10, 2020, 08:20:27 pm »
Last third of the day looked like actual buying v. short covering or squeezing, and with good volume.
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Offline libertybele

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Re: 10 Mar 2020 Stock Market Roller Coaster Discussion Thread
« Reply #22 on: March 10, 2020, 09:55:34 pm »
Dow adds 1,167 points as Trump talks economic initiatives

...........Investors were encouraged after President Trump backed “very substantial relief” for the areas of the economy hardest hit by the new coronavirus outbreak.

He said Tuesday he had a "great meeting" with Senate Republicans, and that "there's a great feeling about doing a lot of things.

This followed his remarks on Monday.  “We are going to take care of, and have been taking care of, the American public and the American economy,” Trump said at a White House press briefing where he floated a payroll tax cut, making sure those infected by COVID-19 don’t miss a paycheck and helping embattled industries, such as airlines and cruise operators...............

https://www.foxbusiness.com/markets/us-markets-march-10-2020
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Offline Gefn

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Re: 10 Mar 2020 Stock Market Roller Coaster Discussion Thread
« Reply #23 on: March 11, 2020, 12:25:18 pm »
Ok. Let’s see what happens today. Up or down?


I want no whammies.
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Re: 10 Mar 2020 Stock Market Roller Coaster Discussion Thread
« Reply #24 on: March 11, 2020, 02:12:00 pm »
Quote from: Gefn on March 11, 2020, 12:25:18 pm
Ok. Let’s see what happens today. Up or down?


I want no whammies.

Too bad....we got a Major League whammy.   8888crybaby

I didn't like closing at the session high yesterday.
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