Dow expected to drop 1500 points on Monday

How bad do you think this gets?

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Given the last few Mondays have been bad, and we dropped 900+ on Friday... I'm thinking we're bad.

SEE JOHN WICK 4 IN THEATERS NOVEMBER 1ST

fuck judeo-capitalism and fuck boomers

the markets already are factoring in massive job losses. no one is going to be surprised by those numbers.

if not more, dow is heading for 8000 or less. We would have already been lower had it not been for the fed and the algos.

Wow what a fucking genius. Like we didnt already know a shit ton of people lost their jobs. People cant work if shits closed down. People cant spend money if shits closed down. Fucking genius

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Good.

Prices are returning to sane levels (at least for a while).

this, the markets anticpate future impacts,which is why they went down when everyone still had their jobs. Not to say that cannot still go down, but it's more likely to go down due to whatever details are released about the US stimulus bill that will be passed tomorrow (probably) than the job losses. Some algos may jump at the employment numbers, though.

Dow will reach its bottom at 13k

the aliens did it

Fuck the chinks. The market wouldn't be crashing if it wasnt for the yellow jew flu

Job numbers arent for two weeks retard. They're also already built into the market

Everything can be fixed with neetbux

I can definitely see it fall to 13-15k over the coming months.

20k is the new ceiling, for the next 5 years.

Much much worse hopefully. I have a large sum of money coming to me in a month, and if I can dump it into the market at the bottom I'll be set for life.

But if the bottom comes and goes before it comes, I'm fucked again.

16k for sure

>for the next 5 years.

You... are stupid.

It's priced in already, bears are gonna get burned if they try to make a play

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red and basepilled

You’re fucking retarded. 50% of America doesn’t have a job anymore and you expect the numbers to go up?

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Remember to invest your few spare grand so when all this blows over you can make 100k a year in dividends for the rest of your life and buy a home for $3000

it'll be below 10K before april is over. screencap this.

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I'm calling 15k

I've been saying 15k-16k but I can see this happening now.

getting rid of workers when you're already not going to be making sales = good

EPS estimates often improve in that scenario, which brings valuations up

0. Let the fucker burn.

>50% of America doesn’t have a job anymore
source?

The market is going to stagnate for the next 5 years.

Dow Jones was 11k in the year 2000. It was still 11k in the year 2006.

Even decade long stagnations are not uncommon.

80 million people are under a self isolation order. that's half the workforce.

It’s over

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I'd roll for that.

Economic brainlet here. Can someone tell me when will the housing market crash? I really want to buy a house this year.

>80 million people are under a self isolation order
source?

it will bottom when it reaches the dollar equivalent of probably 3-5oz of gold, regardless of what that price is.
>13k dow = gold $2600 - $4333
>15k dow = gold $3000 - $5000
since $2000 gold is easy to make by the end of 2020, i would wager we see gold at $2500, the dow at 12,500, for the 5x multiple. but the other scenarios are possible. it has happened before.

what do you pussies think of buying crude oil/suncor/air canada stocks?not quite yet, but when it really hits the deck

Yeah, but a fair number have make-work office jobs that they can do from home.

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If that stimulus bill doesn't get passed and everyone is still getting charged rent we should go to the houses of every landlord with weapons and evict them then put homeless white people in there rent free. Who's with me?

The world descends into darkness with near capitulation of markets and MASS unemployment, and a horrific death count, following march job numbers either Friday april 3rd or monday april 6th.

Put your money on Big Maple.

housing prices move with the broader market these days thanks to the intense securitization of fucking everything. the time is nigh. you won't have to wait long.

People on lockdown, non essential businesses closed, online shopping slowing down, etc etc is supposed to make me believe a fairy tale EPS why?

I think they will close markets at some point. It will stay closed - never to be open again.

what did you just fucking say about me? you little bitch

i can't speak to canada but for the US i have already begun averaging into delta airlines and occidental petroleum. they are the best in each of their industries.

Boomers getting corona'd plus interest rates way low is good for millennials

>expected
>futures don't open until 6ET tomorrow
>assuming markets are unaware of unemployment shooting up

stocks will be up minimum 10% monday
cap this

we are headed to 6-8k
the market is fucked
the economy is dead
great depression 2 fucked boogaloo incomming

try 11,000, floor of 10,000

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Same exact predictions from me. Guys ay work thought I was crazy when it hit 27 and I called 16k. No one is surprised now

I'm thinking this.
Fuggg, this is the FOURTH big market crash I've witnessed.
Black Monday 1987.
The 2000 tech crash.
The 2008 financial and real estate crash.
And now this.

housing prices do not move down as rates fall. when the prices crash, the rates skyrocket.

agreed. the market is done. nothing but shorts kids.

SARS: the market recovered one week after new cases peaked.

Literally every news outlet, faggot.

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this projection isn't taking into account the money printer, though.

Ok satan

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Explain to me how this isn't worse than the great depression.

Hmmm... 1 please.

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>249466447
It grows exponentially, not linearly you jackass.

2008 lows

at this moment there are still only 25,493 confirmed cases and 307 deaths.

Dow Jones

11,391 on Dec. 24th 1999

11,391 on Sep. 16th 2011


Markets don't just go up and down. They also stagnate. We are overdue a decade-long stagnation. Stay in cash.

Based

kek all muttoids will ignore this

Financial expert here. Most stock crashes throughout history usually fall around 40-60%. The Dow will bottom out at around the 12000 to 14000 range. You can start buying around there.

IT IS WORSE THAN THE GREAT DEPRESSION

YOU ARE ALL DEAD ALREADY AND DONT EVEN KNOW IT

THE SHIP HAS SANK, THE ECONOMY IS DEAD, 6-8K DOW BY APRIL

DO NOT BUT BACK IN, YOU WILL NEED YOUR MONEY FOR FOOD IN THE COMING APOCALYPSE.

A lot of those properties have mortgages, property taxes, and insurance.
Then ofc there is maintenance that has to be done to the structure.........hmmmmm, makes you think.

You're a fucking idiot

It's going to be

And it won't take long at this point, we'll just have to survive without a stockmarket.

>money for food
>after the market crashes
Better get your wheelbarrows ready.

If this happens, I will make $120,000 on put options. Feels good, man.

Won't go that low. 12000 to 14000 will be the bottom

Trump supporters are uneducated shitbags who unironically vote against their own economic interests

Economy up!

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On the contrary spic I can't wait to cash my 1,200$ check

Imagine working a mc donalds from home majority of jobs shut down are low skilled labor

I want to see everything in theaters right now and coof through the whole show.
WHY ARE WE CRASHING THE ECONOMY TO SAVE BOOMERS THAT WOULD NEVER SAVE US???

The majority of the US factories and workers are closed up, or were laid off, sent home, etc.
If you aren't making good or providing services, you aren't making any money. Any business that cannot find a way to function without adjusting to the "new norm", such as takeout only, or working from home, is going to need a big loan from the gov...or they are simply going to have to declare bankruptcy and shut their doors, forever. Many small businesses will simply shut their doors forever, if this last for more than a month. You can't expect to turn profits, when your workers and your customers are not working.

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Hey everybody, it's me. Gregory Mannerino.
youtube.com/watch?v=_QZuhVZiLwA

Sminem boi cute!

All that shit is way down, but been looking like it wants to bounce.

DOW down to 15-16.000

And to make things worse.

Interest rates are already at ATL, so there is no fuel for a market rise.