The Dow Just Keeps Going Up And Up

Discussion in 'Investment Charts' started by Chartman, Dec 28, 2019.

  1. longtermbull

    longtermbull Administrator Staff Member

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    The impact on the US population will be catastrophic and a lot of this is down to the way DT totally ignored the problem in the early days. Is it simply a case of too little too late as the US looks set to register Covid-19 numbers greater than that of China!
     
  2. Chartman

    Chartman Senior Investor

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    If DT had acted quicker on Covid-19 I think the markets would have been a little less volatile but this virus has the potential to over run US hospitals and take out a LOT of people. Did this just lose DT the next presidential election?
     
  3. Buyonthedips

    Buyonthedips Senior Investor

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    It does look as though a little more confidence is leaking back into the market but this looks very fragile a moment. We need to start seeing US figures plateau and then fall because the constant turmoil of New York has scared a lot of people.
     
  4. gowiththeflow

    gowiththeflow Senior Investor

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    It looks as though a degree of confidence is returning to the market but I am not convinced. It would just take a set of shocking death figures for reality to hit home again. Suckers rally?
     
  5. longtermbull

    longtermbull Administrator Staff Member

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    Fools and their money are easily parted - looks to me like the "clever" investors are yet again discounting the short, medium and long term financial hit as a consequence of Covid-19. Too soon, too soon!
     
  6. Buyonthedips

    Buyonthedips Senior Investor

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    Thank god we have a couple of trading days off for Easter - what will we come back to on Tuesday? Hopes or a recovery of will hopes be dashed yet again?
     
  7. longtermbull

    longtermbull Administrator Staff Member

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    Many of use traders will be glad of the break although in the back of our minds we will be thinking - what will we return to on Tuesday. Things can move so quickly with this pandemic.
     
  8. Chartman

    Chartman Senior Investor

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    Is it fair to say we have seen the worst of the recent market falls? A lot will depend if we have a second wave of Covid-19 in the winter time when the temperature is more accommodating for the virus. You would hope (pray to god) that we are more prepared the next time anything like this emerges.
     
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