i cannot believe the premarket, it is green in spite that the US corona numbers are 2x the ones from china. i heard in the news that is because end of the month rebalancing that big funds do every end of month. But maybe I’m having hard time to admit that market is ignoring the virus again?
Why are you posting this in “Investment and Money”? If you’re buying puts you’re not an investor.
Actually you are wrong , I’m not buying, just watching and trying to understand this shit
Futile activity
Don’t argue with market.😂
Pre market? Now? You mean futures?
U bought puts?
The 100k deaths and millions of cases and unemployment numbers are all baked into the stimulus package. Plus Trump has said it can go from 2T to 6T as needed. Markets like this. But what do I know. They could be red tomorrow.
OP, we've dropped and dropped. It's understood now that, we will go into a recession, coronavirus is now with us to stay, it's got a KDR rate consistent with a bad flu (oh here we go again with the flu comparisons), and governments/orgs are genuinely taking the threat seriously. The impact of the virus will continue to grow, but that's the point: unless something else wild happens - the market knows what to expect now.
The worst expectations for the virus were priced in at the start with the 30% drop. Now people are realizing it's not going to be the end of the US. So, it's natural that it'll bounce back a bit. Even if there's still bad news coming in, it wasn't as bad as it could have been looking forwards from 3 weeks ago
Looking what is happening in NY, it looks pretty bad to me. It will be even worse if we see same in other areas. So far we have 2x the cases of China in just 1 week
So?
Guess one cannot bet against fed with infinite money. Stock value isn’t going up, value of $ going down.
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it's just the market makers draining everyone's bank accounts that BoUgHt ThE DiP
I think you’re confused