Posted by francisq on 24th of Apr 2020 at 02:58 pm
Absolutely agree. Need to see follow through on Monday.
But the SPY has an bullish ally today (comapre to last Friday)
with VIX breaks below 38 support for the first time. And the drop
seems impulsive so far. Especially with the negative Remdesivir
news. Seems like market is willing to look past quite a bit
of bad bews.
Seems like what's going on now is more of what we've had though
the whole bull market -- nothing as good for the market as the Fed
and the Treasury adding how many trillions in liquidity? The market
seems to continue to value money printing more than everything else
combined.
Absolutely agree. Need to see
The last 4 Friday afternoons the SPX rallied - will ...
Posted by francisq on 24th of Apr 2020 at 02:58 pm
Absolutely agree. Need to see follow through on Monday.
But the SPY has an bullish ally today (comapre to last Friday) with VIX breaks below 38 support for the first time. And the drop seems impulsive so far. Especially with the negative Remdesivir news. Seems like market is willing to look past quite a bit of bad bews.
Seems like what's going on
Posted by puma on 24th of Apr 2020 at 03:10 pm
Seems like what's going on now is more of what we've had though the whole bull market -- nothing as good for the market as the Fed and the Treasury adding how many trillions in liquidity? The market seems to continue to value money printing more than everything else combined.
So much newly minted money
Posted by tgo5043 on 24th of Apr 2020 at 03:32 pm
So much newly minted money sloshing in the system . Market likes it.
yep kiss free mkts bye.
Posted by RP on 24th of Apr 2020 at 03:16 pm
yep kiss free mkts bye. goverment run now