Trading the stockmarket (NO Referrals)

[Minusorange]

Top 5 biggest one day rises, 4 of them occurred right before the crash in 2008, the other happening in the middle of a pandemic, just sayin...

 

[Journey]

Top 5 biggest one day rises, 4 of them occurred right before the crash in 2008, the other happening in the middle of a pandemic, just sayin...

I can't see the markets keeping any of the gains from today, as you point out this is the calm (wrong word I know), before the storm.

 

[Minusorange]

I can't see the markets keeping any of the gains from today, as you point out this is the calm (wrong word I know), before the storm.

I have no idea what will happen, this is unprecedented but with the amount of unemployment predicted, the amount of money being thrown in the markets I just don't see how it is sustainable, Donald thinks everything will be fine in weeks, most scientists saying this will last until next year, probably going to take months at the minimum, they can't keep building national debt for that amount of time while everybody is sat at home doing nothing, you can do it in wartime because everybody is still part of the workforce be it manufacturing or being soldiers, not so much when literally half the workforce is essentially put on pause

 

[Skeptic]

Of course it won’t keep today’s gains in the short term; but what if this is a sign of slowly inching up? But globally diversified portfolio would probably minimise some of this volatility anyway...

 

[Richdog]

I would like to see one final bottom before they start to go up in a more reliable fashion...

 

[mid_gen]

The big boys are going to eat up the retail investors that piled in today... Probably another equally steep reversal to come shortly.

 

[Skeptic]

Futures flat.

 

[413x]

It's pretty much gambling at this point

 

[spookywillow]

Trump right now

 

[Fusion]

"The Senate and White House have reached a deal on a $2 trillion stimulus package for the US economy"- further rises today?

 

[StriderX]

It's fine.

 

[mid_gen]

Trump's putting his re-election campaign over the lives of US citizens is putting the country on a course to the worst possible outcome. When the bodies start piling up in New York we'll head towards the real bottom.

 

[bjorkiii]

You would think signing this fiscal package completely cures covid 19 ? What a bizzarre world we're living in.

 

[Simon]

Don’t understand why it’s still going up. Ftse up 3% already today

 

[mid_gen]

Don’t understand why it’s still going up. Ftse up 3% already today

People scared of missing the bottom are about to get burned, imo.

 

[200sols]

Don’t understand why it’s still going up. Ftse up 3% already today

Because a load of free money is coming their way. Economy is still in the bin.

 

[Simon]

Even IAG went up with the market yesterday which doesn't make sense, unless there was a huge over sell? (For a company with no business)

 

[Russinating]

Could end of tax year have anything to do with it? People filling their ISA allowances or directors offloading cash into pensions and instead of holding as cash and analysing the market in a normal year, just investing straight away as prices already lower. Or would even those cumulative figures not be enough to move the market?

 

[Skeptic]

FTSE up 5% now. Could have had 15% over the last two days - drops coming, for sure, but if ever proof was needed that you can’t predict market moves...

 

[BennyC]

FTSE up 5% now. Could have had 15% over the last two days - drops coming, for sure, but if ever proof was needed that you can’t predict market moves...

Crazy, sat here with wide eyes but expecting this to slide back...