Member Info for Darth.Trader

C-19 2nd wave is starting from a much higher base, back in March USA had only 5k cases...the numbers rising now in key states in the US are ridiculous and from a higher base......

..everything is down, DOW, NASDAQ, US500, UKX.L...etc, i'm thinking it will continue down.

..to continue..?

The Fed's unprecedented relief measures could form the greatest financial bubble in history, Ed Yardeni says

https://markets.businessinsider.com/news/stocks/fed-bond-stimulus-risks-historic-stock-market-bubble-yardeni-outlook-2020-6-1029334701?utm_campaign=browser_notification&utm_source=desktop

falklandinvestor...is it this Friday the SP will be 40pennies.??

...

Hi Pig,

yes, sometime yet...opening up retail outlets has done nothing to add confidence.....

"“A gift!” I’ve been sat around more than usual lately and these provide good abdominal exercise, Keep them coming."

Lol,

2nd Wave before winter then we'll get confident about our resolve just as the winter sets in and the 3rd wave hits hard.....
C-19 is here for a while yet and we are only just seeing the impact...

Hi Triflepig,
i have been getting a lot of confusing signals on my system, so i did some house keeping so to speak and had clear out.
The FED would do well to stand down for a month and let learn to walk again at some point "the patient", ( one of Trumps lines) need to learn all over again, Although as i have stated before this not a "patient" its Dr Trumpenstiens monster....

..I would expect the decline to increase next week, it had breached certain support levels on the chart this had taken a few attempts but resistance gave way. No support until 24600, area, going by today's performance i would not rely on 25k area for support and i don't expect 24600 hold..

i did state the swings will get wild......

..and there are calls for a cut to help the recovery; however a 1% cut would mean the Gov takes a hit of 7Bn and already has a deficit of £298Bn...

Young trader dies by suicide after thinking he racked up big losses on Robinhood

https://www.cnbc.com/2020/06/18/young-trader-dies-by-suicide-after-thinking-he-racked-up-big-losses-on-robinhood.html

, but bank-held loans are faring worse....

https://www.cnbc.com/2020/06/19/coronavirus-mortgage-bailout-shrinks-further-but-bank-held-loans-are-faring-worse.html?__source=twitter%7Cmain

, public debt passes 100% of GDP.

UK retail sales jumped 12% after 18% fall in April.
Sales volumes still 13% down on year as most shops closed.
Public borrowing rises to record £55.2 billion pounds.
Shrinking economy pushes debt-to-GDP ratio above 100%.

https://www.cnbc.com/2020/06/19/uk-retail-sales-rebound-in-may-public-debt-passes-100percent-of-gdp.html

: Explaining the market rally in Wall Street's terms

https://www.reuters.com/article/us-health-coronavirus-jargon-idUSKBN23Q1NC?taid=5eec9bb72939cf00014a69fb&utm_campaign=trueAnthem:+Trending+Content&utm_medium=trueAnthem&utm_source=twitter

market could be on the verge of a 'lost decade...
https://markets.businessinsider.com/news/stocks/stock-market-verge-lost-decade-dalio-bridgewater-warns-outlook-globalization-2020-6-1029323589?utm_campaign=browser_notification&utm_source=desktop

says deeper-than-expected contraction in U.S. economy likely in second quarter,

https://www.reuters.com/article/us-imf-economy-idUSKBN23P2KN?taid=5eebc5022939cf00014a66ea&utm_campaign=trueAnthem:+Trending+Content&utm_medium=trueAnthem&utm_source=twitter

"Crown"....probably the "Duchy",

the Royal family will have there own cryptocurrency soon...