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Honored Advisor

Dow and grains down hard overnight

Dow off over 400, beans -12 corn -6 crude down.   But lean hogs rally.  I suppose gurus will talk about "breaking through support" .   Coronavirus, no doubt.

https://www.finviz.com/futures.ashx

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4 Replies
Honored Advisor

Re: Dow and grains down hard overnight

I step out for a breath of warm air and u guys let things fall apart...

Really amazing how technology can follow one around the globe. 

I'm watching and taking notes...

The population explosion is everywhere but Russia.

 

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Honored Advisor

Re: Dow and grains down hard overnight

So you`re in the land of drinks with little umbrellas and grass skirts?  Smiley Happy   

I think the markets with this virus are like if you`re about to verbally agree to buy a house in Florida, but a cat 5 hurricane is headed there, so you figure "what`s the harm in waiting a few days?".  And that`s fine, but if the hurricane doesn`t hit, you might lose out on a bargain.

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Honored Advisor

Re: Dow and grains down hard overnight

Havent seen even one umbrella in a glass yet. Lots of fruit slices and flowers but no umbrellas...

I'll keep checking...

Got to 33.5°C yesterday, kinda needed one for the ahade.

School buses on hard surfaced roads because of snow and ice at home.

At this rate I'm not gonna come back to much?

not a lot of fun at my age fighting mother nature and down markets.

 

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Veteran Advisor

Re: My take on this virus is this....

My take on this virus is this, one infected passenger a twelve-hour flight from China is 300 inflected passengers going to a hundred new locations in the country.

  Buckle up.

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