Jump to content



Photo

Escalating US-China Tensions Increases the Chance of Retesting of the March Lows


  • Please log in to reply
23 replies to this topic

#1 redfoliage2

redfoliage2

    Member

  • Traders-Talk User
  • 13,272 posts

Posted 21 May 2020 - 01:44 PM

https://www.ft.com/c...79-2702bdc413a2


Edited by redfoliage2, 21 May 2020 - 01:45 PM.


#2 pdx5

pdx5

    Member

  • Traders-Talk User
  • 7,164 posts

Posted 21 May 2020 - 01:58 PM

Good! That would help me get out of 30% cash burning whole in my pocket.

But I  won't hold my breath because I doubt China trade scares investors as much as covid-19.

For one thing, investors are old people, and they can die from covid-19.

China trade? Meh!! I would be surprised if SP500 drops below 2650.


"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#3 slupert

slupert

    Member

  • Traders-Talk User
  • 1,414 posts

Posted 21 May 2020 - 05:16 PM

Good! That would help me get out of 30% cash burning whole in my pocket.

But I  won't hold my breath because I doubt China trade scares investors as much as covid-19.

For one thing, investors are old people, and they can die from covid-19.

China trade? Meh!! I would be surprised if SP500 drops below 2650.

That Government money won't last forever,



#4 Dex

Dex

    Member

  • Traders-Talk User
  • 2,387 posts

Posted 21 May 2020 - 06:45 PM

 

https://www.ft.com/c...79-2702bdc413a2

 

I don't see much about tension.

 

Futures up now

 

Most financial writers don't know anything.  They just pick a story that matches the market action.


Edited by Dex, 21 May 2020 - 06:46 PM.

"The secret of life is honesty and fair dealing. If you can fake that, you've got it made. "
17_16


#5 gismeu

gismeu

    Member

  • Traders-Talk User
  • 768 posts

Posted 21 May 2020 - 08:51 PM

[quote
Most financial writers don't know anything.  They just pick a story that matches the market action.[/quote]

ROFLMAO - you’re so right!!!

gis
If you can't buy Happiness, STEAL IT!

#6 pdx5

pdx5

    Member

  • Traders-Talk User
  • 7,164 posts

Posted 21 May 2020 - 10:23 PM

 

Most financial writers don't know anything.  They just pick a story that matches the market action.

 

 

I think we all have known that for a long time. It is impossible to predict combined behavior of 100 million people who buy and sell stocks.  Which is why I read financial articles for entertainment only. 


Edited by pdx5, 21 May 2020 - 10:25 PM.

"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#7 redfoliage2

redfoliage2

    Member

  • Traders-Talk User
  • 13,272 posts

Posted 22 May 2020 - 08:47 AM

https://www.reuters....r-idUSKBN22Y1F8



#8 CLK

CLK

    Member

  • Traders-Talk User
  • 10,417 posts

Posted 22 May 2020 - 09:27 PM

They either need to open wide open at once or start sending out more stimulus checks, give the Dems most of what they want or this president is going to get fired in Nov. This has been almost 3 months and only one measly check sent out.


Edited by CLK, 22 May 2020 - 09:28 PM.


#9 pdx5

pdx5

    Member

  • Traders-Talk User
  • 7,164 posts

Posted 22 May 2020 - 10:08 PM

They either need to open wide open at once or start sending out more stimulus checks, give the Dems most of what they want or this president is going to get fired in Nov. This has been almost 3 months and only one measly check sent out.

ALL UNemployed people are receiving ADDITIONAL $600/week!


"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#10 CLK

CLK

    Member

  • Traders-Talk User
  • 10,417 posts

Posted 22 May 2020 - 10:10 PM

 

They either need to open wide open at once or start sending out more stimulus checks, give the Dems most of what they want or this president is going to get fired in Nov. This has been almost 3 months and only one measly check sent out.

ALL UNemployed people are receiving ADDITIONAL $600/week!

 

What, from unemployment insurance? Some can't even get the sites to work, much less get money.

 

https://www.cnbc.com...lief-money.html


Edited by CLK, 22 May 2020 - 10:18 PM.