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Stock Market Under Trump
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(03-29-2020, 10:14 PM)Senor Fantastico Wrote: Futures down. Strap in. Interestingly the market opened to the upside today and is maintaining a "modest" swing to the upside. I put "modest" in quotes because on a normal trading day a ~2% gain is usually a pretty good day. It's a far cry from the volatility and wild swings that we have been seeing over the last couple of weeks. One slight mistake that I made was jumping on a buy in Boeing at $162 on a down day after it had surpassed my "wanted" buy price of $150 on the way up. Right now it's sitting at $148. I'm not too concerned since I didn't take a big position and over time it's going to reward me. I am still being cautious about getting back in too heavily right now. Q1 and Q2 numbers are not going to be pretty. The question is how much of that will be priced in to the market. We shall see. I want to see how this week goes. There are 10 kinds of people in this world. Those who understand binary and those who don't. |
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