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Stock Market Under Trump
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(04-06-2020, 04:42 AM)Senor Fantastico Wrote: Futures up nearly 800 points and VIX flirting with going under 40. Futures this morning did look good and the VIX also looked really good. The rally today was a welcome sight, but the sharp up turn doesn't give me much confidence (yet). I still would like to see some more stability (moves around 100-200 points on the DOW in a day). A 1000 point plus move to me while welcome is not a comforting sign. I still feel confident that we won't test the lows and perhaps we will stay out of "bear market" territory (DOW around 21855). A gradual move up would be nice to see this week. There are 10 kinds of people in this world. Those who understand binary and those who don't. |
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