Looks like its going to be a huge night on U.S markets!

Discussion in 'Markets & Economies' started by ozcopper, Nov 9, 2020.

  1. ozcopper

    ozcopper Well-Known Member Silver Stacker

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    Futures are way up...

    U.S. Stock Futures
    [​IMG] S&P +122.50 / +3.50%
    Level 3,623.25
    Fair Value 3,503.20
    Difference 120.05
    Data as of 7:02am ET

    [​IMG] Nasdaq +178.50 / +1.48%
    Level 12,253.50
    Fair Value 12,083.39
    Difference 170.11
    Data as of 7:03am ET

    [​IMG] Dow +1,272.00 / +4.51%
    Level 29,476.00
     
  2. Oddjob

    Oddjob Well-Known Member Silver Stacker

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    Might explain why gold and silver were sold off big time.

    upload_2020-11-9_23-26-48.png
     
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  3. jultorsk

    jultorsk Well-Known Member Silver Stacker

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  4. madaw1

    madaw1 Well-Known Member

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    Watching charts closely and time to buy again before the news will changed again...
     
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  5. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    Happened at election time, how odd.
    20 years of searching for a vaccine and nothing, now all the sudden haha.
    No thanks.
     
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  6. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    You asked me 4th Nov, it's the day the pandemic is over. I guess I'm early by 5 days. Didn't know that votes take so long to count. Ours is over after 3 hours. There maybe a pullback but stocks are going all the way up.
     
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  7. Seedcoin

    Seedcoin Active Member

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    That vaccine announcement is all about money and not health. If you think injecting poisons into your blood is a good idea you have less brains than a junkie. But as a way to get rich, it’s a god send. Just ask Malcolm Turnbull. And by the way, Mal doesn’t vaccinate. Nor do any of those mega rich elitists. Even Bill Gates never vaccinated his own kids. The Royals don’t vaccinate.
     
  8. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

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    REGENERON no good now?!
     
  9. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    I averaged down on my SLV today, hopefully it pays off BIG! Woop woop!
     
  10. Silverling

    Silverling Well-Known Member Silver Stacker

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    I can't see this market rally being sustainable. The whole world is still locked up, many businesses going to the wall and even the local bars and cafes still have restrictions on them. Europe going into bigger lockdowns as might USA. I just have a feeling we are going to have a big market crash not too long away, but I could be wrong. As for gold and silver, I'm not surprised. All the people just getting out just chasing the next big thing. I would tread cautiously, buying an over inflated US share market is risky business.
     
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  11. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

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    ^^^
    Just one more rally... US stimulus.. then it's down hill from there...
     
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  12. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Depends on what stocks. Some stocks, cruise ships, cinemas, airlines, virtually zero or 5% of 2019 revenue. I mean when you can't even operate, how much lower can it go? With a potentially huge bounce back, I think there's some more to go before the actual reset.
     
    Last edited: Nov 10, 2020
  13. TreasureHunter

    TreasureHunter Well-Known Member

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  14. jultorsk

    jultorsk Well-Known Member Silver Stacker

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    The timing was off if it indeed were because of Biden. The PM drop started immediately, mid-session in London, when the vaccine news broke just before noon GMT.

    Screen Shot 2020-11-10 at 10.15.34 am.png
    Screen Shot 2020-11-10 at 10.31.09 am.png
     
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  15. TreasureHunter

    TreasureHunter Well-Known Member

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    There are countless news about vaccines appearing in multiple countries. I think we will have a 2021 full of vaccinations.

    Pfizer's vaccine is said to have a 90% success rate. I'm finding this quite low, but at least it's something.

    The side effects of the vaccine? I'm very curious.
     
  16. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

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    I had the shot.... I’m now having GOLD fever symptoms! :confused:
     
  17. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    So the vaccine has less of a chance of being successful than the virus of killing you.
    90 percent success rate for a virus with a 99.9 percent survival rate.
    Good job Phizer!
    They will probably get the Nobel peace prize now.
     
  18. Jason1

    Jason1 Well-Known Member

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    tobe fair if you look at it as,
    00.1% chance of death, then with a 90% success rate of a vaccine for that virus, makes this virus even less deadly than it already is. so if the vaccine was out at the beginning of the virus and 90% of those who have contracted the virus didnt get it because of a vaccine and the death rate stayed the same at 00.1% as your stating then the number of people who would have died would have been likely only in the triple figures in the US, (at a guess).

    But yes this virus is bullshit,
    And its enjoyable to think about and laugh at that corona virus dooms day thread we had here on the forum in January, Or the covid skeptics thread that was here in January-feb that was high jacked by the virus doomsday spreaders lol.
    The only ultra deadly pandemic we witnessed was the one where we saw millions of jobs lost around the world for a virus that did bugger all even in countries that did nothing to contain it. The restrictive policies by government fueled on by the scared masses, that was the real virus.

    the vaccine is Probs just a placebo for the scared masses any ways.
    But just incase its not a placebo
    Well Im not an antivaxer, but I wouldnt be having it on the grounds of it being a rushed vaccine, fuck that shit
     
    Last edited: Nov 10, 2020
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  19. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    Even if the vaccine is legit it will take time for more testing and then to mass produce, could be another year or longer who really knows.
    Its obvious they are using it as a political tool.
    I expected trump to do this from day one, such a sackless sally.
     
  20. alor

    alor Well-Known Member Silver Stacker

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    virus is real, the victims are more real...like closed down business
    people lost everything, ocasionally lives
    they make sure business is under closure, ie dead
    you could not possibly cure the business, the virus deadly effects
     

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