Free Republic 2nd Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $15,391
19%  
Woo hoo!! And we're now over 19%!! Thank you all very much!! God bless.

Keyword: covid19stockmarket

Brevity: Headers | « Text »
  • Dow Rises More Than 500 Points, Nasdaq Nears Record High.....

    06/04/2020 7:50:16 AM PDT · by caww · 44 replies
    breitbart ^ | 6/3/2020 | JOHN CARNEY
    The Dow Jones Industrial Average rose 527 points, or 2.05 percent. The S&P 500 moved up 1.36 percent, its fourth day of gains. The tech-heavy Nasdaq Composite gained 0.78 percent, climbing within two percent of the all-time high hit in February. All 11 sectors of the S&P were up. Industrials and financials were the best performing sector, rising by 3.91 percent and 3.83 percent respectively.
  • Dow futures rise 180 points as optimism grows over the reopening of the economy

    06/03/2020 4:52:44 AM PDT · by John W · 17 replies
    CNBC.com ^ | June 3, 2020 | Fred Imbert & Maggie Fitzgerald
    U.S. stock futures rose in early trading on Wednesday as markets continued to rally on optimism over economies emerging from coronavirus-led shutdowns. The S&P 500 is up 1% so far in June, bringing its gain from its pandemic low in March to more than 40%. 
  • Here We Go: Stock Market Selloff Starts Tomorrow?

    A couple of major signals suggest market selloff soon. As of past couple of days, T-Bond Futures are not correlating with the current rise in the stock market; this has historically meant a selloff eminent. Second, volume analysis suggests the very upper limit of this rally is when the S&P hits 3069 for this week. So, the selloff could come today (5/28/2020) if S&P hits 3069.
  • Largest Short Interest Positions on 5/15/2020

    05/26/2020 8:31:14 AM PDT · by MeneMeneTekelUpharsin · 41 replies
    Market Beat ^ | 15 May 2020
    Largest short positions recorded for NYSE and NASDAQ. Other stories report the short positions (Large institutions having positions that profit when the market goes down) are VERY large.
  • S&P 500 Looks Healthier Than It Is, Surges Past 3,000. How To Diagnose It.

    05/26/2020 8:21:03 AM PDT · by SeekAndFind · 19 replies
    Forbes ^ | 05/26/2020 | Rob Isbitts
    Once again, a few stocks lead the many. This is a time for pre-retirees to understand what that means. This is probably a good time to remind you that I am neither a bull nor a bear. I am a realist. So, while some professional investors manage money with an emphasis on “where’s the market going,” I favor a different approach. I cut the market into many smaller pieces, and make decisions based on more of a “weight of the evidence” approach. That is, I don’t stop my market analysis after checking out the S&P 500, Dow and Nasdaq NDAQ....
  • EXCLUSIVE: Five Reasons Why Optimism for a US Recovery is Record-Breaking – Economic Recovery Will Shatter Records!

    05/12/2020 6:07:05 AM PDT · by SeekAndFind · 40 replies
    Gateway Pundit ^ | 05/12/2020 | Joe Hoft
    Initial indicators show that Americans are very optimistic for an economic rebound in the short term. There are some good reasons for this optimism. Here are four reasons why Americans are ready for an economic rebound never seen before in world history:1. US optimism for an economic recovery is at an all-time high for most sectors. People are ready to begin making money again like never before: More & more sectors are showing record-breaking short term optimism.We previously noted this in tech, healthcare, small caps.Now, short term optimism for sectors like energy, retail, homebuilders, & materials are reaching *HISTORIC* and...
  • Longtime bull Jeremy Siegel: March coronavirus swoon in stocks ‘definitely going to be the low’

    05/10/2020 8:56:11 AM PDT · by fluorescence · 21 replies
    CNBC ^ | Fri, May 8 2020 | Kevin Stankiewicz
    The stock market’s coronavirus-driven bottom in late March is “definitely going to be the low” during the crisis, Wharton School professor Jeremy Siegel told CNBC on Friday. In fact, Siegel said the massive monetary policy response from the Federal Reserve, along with additional progress on treatments and possible vaccines for Covid-19, could really boost stocks next year. “I think 2021 could be a boom year. With the liquidity that the Fed is adding, unprecedented. It could be a really good year,” Siegel said on “Squawk Box.” The S&P 500 touched its most recent bottom of 2,191 on March 23, but...
  • If the market is so good, why is Berkshire Hathaway trading down -3500 at low for day?

    05/19/2020 12:57:12 PM PDT · by MeneMeneTekelUpharsin · 56 replies
    Financial News | 19 May 2020
    Berkshire Hathaway trading at low of the day after market was up over 900 points yesterday. Wonder what the big boys know that we don't know?
  • DOW futures down -305 at this time

    05/03/2020 3:40:10 PM PDT · by MeneMeneTekelUpharsin · 74 replies
    CNN Business ^ | 3 May 2020
    DOW futures down -305 at the time this was posted.
  • DOW futures up 318 points this morning

    04/29/2020 5:52:57 AM PDT · by MeneMeneTekelUpharsin · 33 replies
    CNN ^ | 29 April 2020
    DOW futures up 318 points as of this writing. Points to a good day in the market.
  • The Fed Is Killing the Two Main Functions of Wall Street: Price Discovery and Prudent Capital Allocation

    04/12/2020 6:21:12 PM PDT · by NRx · 12 replies
    Wall Street on Parade ^ | 04-11-2020 | Pam Martens and Russ Martens
    On Thursday, knowing that a three-day Easter weekend was coming and the attention of the public would be elsewhere, the Federal Reserve announced that it would allow two of its emergency lending programs to begin buying junk bonds. Those are bonds with less than an investment-grade credit rating, meaning they have a greater likelihood of defaulting. The Fed is not simply accepting junk bonds as collateral for loans, it will actually be buying junk bonds — potentially hundreds of billions of dollars of them. Two of the popular junk bond ETFs, iShares iBoxx High Yield Corporate Bond ETF (symbol HYG)...
  • If Things Are So Bad Why Did The Stock Market Just Have Its Best Week in 46 Years?

    04/11/2020 6:19:44 AM PDT · by SeekAndFind · 72 replies
    PJ Media ^ | 04/11/2020 | Rick Moran
    A few weeks ago, there was blood on the floor of the New York Stock Exchange. Stocks lost $10 trillion in value and earnings are expected to be in the toilet. So why did stocks add $3 trillion in value just this week? Why a booming stock market in the midst of cratering economy? Investors can't explain it. Bloomberg: Does it make any sense? To skeptical Wall Street veterans, the answer is obvious: no. While stimulus is flowing and the curve may be flattening, investors are bidding up stocks at a time unemployment may already be 15%, with economists forecasting...
  • Bets Against the Stock Market Rise to Highest Level in Years

    04/20/2020 10:05:03 AM PDT · by MeneMeneTekelUpharsin · 20 replies
    The Wall Street Journal ^ | 19 April 2020 | Karen Langley
    Short sellers have revived their wagers against the stock market in recent weeks, taking their most aggressive positions in years. Bets against the SPDR S&P 500 Trust, the biggest exchange-traded fund tracking the broad index, rose to $68.1 billion last week, the highest level in data going back to January 2016, according to financial analytics company S3 Partners. That was up from $41.7 billion at the beginning of 2020 and $41.2 billion a year ago.
  • The next 45 days are the ‘most critical period in U.S. financial history,’ says stock expert (trunc)

    04/19/2020 5:15:17 PM PDT · by MeneMeneTekelUpharsin · 30 replies
    Market Watch ^ | 19 April 2020 | Mark DeCambre
    After recovering a chunk of the losses racked up during the worst of the coronavirus-induced selloff last month, the stock market finds itself at a crucial inflection point, writes Alan B Lancz. “The next 45 days may just become the most critical period in U.S. financial history,” he wrote in a newsletter published Wednesday. “While on average we may face a bear market every 10 years, this one is like no other,” he said. The contrarian money manager, who is a disciple of famed investor Sir John Templeton, said that the timing and execution of the reawakening of the U.S....
  • Dow futures rip 700 points higher amid report Gilead drug showing effectiveness treating coronavirus

    04/16/2020 3:24:19 PM PDT · by Red in Blue PA · 103 replies
    U.S. stock futures surged on Thursday night after a report said a Gilead Sciences drug was showing effectiveness in treating the coronavirus. The move pointed to a jump for the stock market on Friday. Dow Jones Industrial Average futures were up 700 points, or about 3%. S&P 500 futures gained 2.8% while Nasdaq 100 futures were up by 1.8%. Gilead shares jumped by 14% in after-hours trading after STAT news reported that a Chicago hospital treating coronavirus patients with Remdesivir in a trial were recovering rapidly from severe symptoms. The publication cited a video it obtained where the trial results...
  • Coronavirus economic threat -- A mortgage industry calamity is looming

    04/15/2020 7:14:25 AM PDT · by littleharbour · 35 replies
    Fox Business ^ | April 15, 2020 | FoxBusiness
    Under the CARES Act, Congress has invited millions of Americans to stop paying their mortgages. The impact of this massive unfunded mandate is that the U.S. financial system is headed for a potential default when the cash flow expected from millions of Americans does not arrive.
  • US Retail Sales Plunge by Record 8.7% Amid Virus Shutdown

    04/15/2020 7:51:37 AM PDT · by Bruiser 10 · 14 replies
    Newsmax Finance ^ | 15 April 20
    U.S. retail sales suffered a record drop in March as mandatory business closures to control the spread of the novel coronavirus outbreak depressed demand for a range of goods, setting up consumer spending for its worst decline in decades. The report from the Commerce Department on Wednesday came as millions of Americans have been thrown out of work, and strengthened economists' conviction that the economy is in deep recession. States and local governments have issued "stay-at-home" or "shelter-in-place" orders affecting more than 90% of Americans to curb the spread of COVID-19, the respiratory illness caused by the virus, and abruptly...
  • Stock futures down -513 so far this morning

    04/15/2020 5:40:16 AM PDT · by MeneMeneTekelUpharsin · 77 replies
    Investing.com ^ | 15 April 2020
    Dow futures down over 500 this morning. Lots of pre-market trades dumping stocks.
  • Dow jumps 558+ points, Nasdaq exits bear market as coronavirus concerns ease

    04/14/2020 1:15:12 PM PDT · by Conserv · 20 replies
    U.S. equity markets rallied Tuesday as concerns over the coronavirus ease and early-stage plans of re-opening some pockets of the economy take shape. DOW JONES AVERAGES 23949.76 +558.99 +2.39% S&P 500 2847.34 +85.71 +3.10% NASDAQ COMPOSITE INDEX 8515.915505 +323.49 +3.95% The Nasdaq surged nearly 4 percent stretching its winning streak to four days, the longest since February.
  • Stocks surge as big banks kick off earnings season

    04/14/2020 10:43:20 AM PDT · by knighthawk · 22 replies
    Fox Business ^ | April 14 2020 | Jonathan Garber
    U.S. equity markets rallied Tuesday as some of the country’s biggest banks kicked off earnings season. The Dow Jones Industrial Average gained 596 points, or 2.6 percent, while the S&P 500 rose 2.5 percent. The Nasdaq Composite surged 2.9 percent, on track to leave its bear market and stretch its winning streak to four days, the longest since February. The index must close higher by at least 40.38 points to officially exit.