« previous next »
Pages: [1] 2   Go Down

Author Topic: 10 Mar 2020 Stock Market Roller Coaster Discussion Thread  (Read 1515 times)

0 Members and 1 Guest are viewing this topic.

Offline catfish1957

  • The Conservative Carp Rapscallion of Brieferville
  • Moderator
  • *****
  • Posts: 34,167
  • Gender: Male
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 »
Logged
I display the Confederate Battle Flag in honor of my great great great grandfathers who spilled blood at Wilson's Creek and Shiloh.  5 others served in the WBTS with honor too.

Online Lando Lincoln

  • Hero Member
  • *****
  • Posts: 15,992
  • Gender: Male
Re: 10 Mar 2020 Stock Market Roller Coaster Discussion Thread
« Reply #1 on: March 10, 2020, 11:31:31 am »
Logged
There are some among us who live in rooms of experience we can never enter.
John Steinbeck

Offline catfish1957

  • The Conservative Carp Rapscallion of Brieferville
  • Moderator
  • *****
  • Posts: 34,167
  • Gender: Male
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%
Logged
I display the Confederate Battle Flag in honor of my great great great grandfathers who spilled blood at Wilson's Creek and Shiloh.  5 others served in the WBTS with honor too.

Offline catfish1957

  • The Conservative Carp Rapscallion of Brieferville
  • Moderator
  • *****
  • Posts: 34,167
  • Gender: Male
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%.
Logged
I display the Confederate Battle Flag in honor of my great great great grandfathers who spilled blood at Wilson's Creek and Shiloh.  5 others served in the WBTS with honor too.

Offline catfish1957

  • The Conservative Carp Rapscallion of Brieferville
  • Moderator
  • *****
  • Posts: 34,167
  • Gender: Male
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%
Logged
I display the Confederate Battle Flag in honor of my great great great grandfathers who spilled blood at Wilson's Creek and Shiloh.  5 others served in the WBTS with honor too.

Offline Applewood

  • Hero Member
  • *****
  • Posts: 10,361
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.   
Logged

Offline andy58-in-nh

  • Hero Member
  • *****
  • Posts: 9,912
  • Gender: Male
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 »
Logged
"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

Online Cyber Liberty

  • Coffee! Donuts! Kittens!
  • Administrator
  • ******
  • Posts: 81,920
  • Gender: Male
  • 🌵🌵🌵
Re: 10 Mar 2020 Stock Market Roller Coaster Discussion Thread
« Reply #7 on: March 10, 2020, 02:20:46 pm »
 :2popcorn:
Logged
For unvaccinated, we are looking at a winter of severe illness and death — if you’re unvaccinated — for themselves, their families, and the hospitals they’ll soon overwhelm. Sloe Joe Biteme 12/16
I will NOT comply.
 
Castillo del Cyber Autonomous Zone ~~~~~>                          :dontfeed:

Offline LordHelpMe

  • Member
  • ***
  • Posts: 3
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!
Logged

Online Cyber Liberty

  • Coffee! Donuts! Kittens!
  • Administrator
  • ******
  • Posts: 81,920
  • Gender: Male
  • 🌵🌵🌵
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?
Logged
For unvaccinated, we are looking at a winter of severe illness and death — if you’re unvaccinated — for themselves, their families, and the hospitals they’ll soon overwhelm. Sloe Joe Biteme 12/16
I will NOT comply.
 
Castillo del Cyber Autonomous Zone ~~~~~>                          :dontfeed:

Offline catfish1957

  • The Conservative Carp Rapscallion of Brieferville
  • Moderator
  • *****
  • Posts: 34,167
  • Gender: Male
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 »
Logged
I display the Confederate Battle Flag in honor of my great great great grandfathers who spilled blood at Wilson's Creek and Shiloh.  5 others served in the WBTS with honor too.

Offline catfish1957

  • The Conservative Carp Rapscallion of Brieferville
  • Moderator
  • *****
  • Posts: 34,167
  • Gender: Male
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.

Logged
I display the Confederate Battle Flag in honor of my great great great grandfathers who spilled blood at Wilson's Creek and Shiloh.  5 others served in the WBTS with honor too.

Offline Applewood

  • Hero Member
  • *****
  • Posts: 10,361
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*****
Logged

Offline Smokin Joe

  • Hero Member
  • *****
  • Posts: 60,555
  • I was a "conspiracy theorist". Now I'm just right.
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.
Logged
How God must weep at humans' folly! Stand fast! God knows what he is doing!
Seventeen Techniques for Truth Suppression

Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience.

C S Lewis

Offline catfish1957

  • The Conservative Carp Rapscallion of Brieferville
  • Moderator
  • *****
  • Posts: 34,167
  • Gender: Male
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
Logged
I display the Confederate Battle Flag in honor of my great great great grandfathers who spilled blood at Wilson's Creek and Shiloh.  5 others served in the WBTS with honor too.

Offline Free Vulcan

  • Technical
  • *****
  • Posts: 24,639
  • Gender: Male
  • Ah, the air is so much fresher here...
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.
Logged
The Republic is lost.

Offline catfish1957

  • The Conservative Carp Rapscallion of Brieferville
  • Moderator
  • *****
  • Posts: 34,167
  • Gender: Male
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.
Logged
I display the Confederate Battle Flag in honor of my great great great grandfathers who spilled blood at Wilson's Creek and Shiloh.  5 others served in the WBTS with honor too.

Online berdie

  • Hero Member
  • *****
  • Posts: 6,910
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!
Logged

Online berdie

  • Hero Member
  • *****
  • Posts: 6,910
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:
Logged

Offline andy58-in-nh

  • Hero Member
  • *****
  • Posts: 9,912
  • Gender: Male
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....

Logged
"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

  • The Conservative Carp Rapscallion of Brieferville
  • Moderator
  • *****
  • Posts: 34,167
  • Gender: Male
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
Logged
I display the Confederate Battle Flag in honor of my great great great grandfathers who spilled blood at Wilson's Creek and Shiloh.  5 others served in the WBTS with honor too.

Offline Free Vulcan

  • Technical
  • *****
  • Posts: 24,639
  • Gender: Male
  • Ah, the air is so much fresher here...
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.
Logged
The Republic is lost.

Online libertybele

  • Cat Mod
  • *****
  • Posts: 61,517
  • Gender: Female
  • WE are NOT ok!
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
Logged
I Believe in the United States of America as a Government of the people, by the people, for the people; whose just powers are derived from the consent of the governed; a democracy in a republic; a sovereign nation of many sovereign states; a perfect union one and inseparable; established upon those principles of freedom, equality, justice and humanity for which American patriots sacrificed their lives and fortunes.  I therefore believe it is my duty to my country to love it; to support its Constitution; to obey its laws to respect its flag; and to defend it against all enemies.

Offline Gefn

  • "And though she be but little she is fierce"-Shakespeare
  • Cat Mod
  • *****
  • Posts: 19,053
  • Gender: Female
  • Quos Deus Vult Perdere Prius Dementat
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.
Logged
G-d bless America. G-d bless us all                                 

Adopt a puppy or kitty from your local shelter
Or an older dog or cat. They're true love❤️

Online Cyber Liberty

  • Coffee! Donuts! Kittens!
  • Administrator
  • ******
  • Posts: 81,920
  • Gender: Male
  • 🌵🌵🌵
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.
Logged
For unvaccinated, we are looking at a winter of severe illness and death — if you’re unvaccinated — for themselves, their families, and the hospitals they’ll soon overwhelm. Sloe Joe Biteme 12/16
I will NOT comply.
 
Castillo del Cyber Autonomous Zone ~~~~~>                          :dontfeed:
Pages: [1] 2   Go Up
« previous next »