Comments on: Closing Market Wrap 4-3-20 https://rightsideofthechart.com/closing-market-wrap-4-3-20/ Stock Trading, Investing & Market Analysis Mon, 04 Oct 2021 19:14:45 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: stockninja https://rightsideofthechart.com/closing-market-wrap-4-3-20/#comment-15207 Sat, 04 Apr 2020 23:36:06 +0000 https://rightsideofthechart.com/?p=199202#comment-15207 In reply to bransth.

For what its worth, I personally think it was a last ditch effort by The Donald knowing full well that his friends over in Russia and Saudi Arabia are not playing nice this weekend and that crude may once again crater on Monday, which may send the stock market back down. I think if we had a cure China, Italy, and other countries would have already reported it. Hydroxychloroquine has been around since 1955, I’m sure we would have heard of positive results from other countries weeks ago.

Anyway, trade safe everyone as I am one that will lean towards Randy’s analysis and predict that things will go lower. I’m sick to my stomach to know that (as Randy mentioned as well) companies will be exposed and start to blow up. Sick because its always the hard working middle class that gets hurt by the greed of some institutional leaders.

https://www.cnbc.com/2020/04/04/oil-set-to-crater-monday-as-opec-meeting-delayed-tensions-flare-between-saudi-arabia-and-russia.html

]]> By: blueheel https://rightsideofthechart.com/closing-market-wrap-4-3-20/#comment-15206 Sat, 04 Apr 2020 23:06:47 +0000 https://rightsideofthechart.com/?p=199202#comment-15206 In reply to morris.

Just finished my first week and this has been a lifesaver.

]]> By: blueheel https://rightsideofthechart.com/closing-market-wrap-4-3-20/#comment-15205 Sat, 04 Apr 2020 23:03:33 +0000 https://rightsideofthechart.com/?p=199202#comment-15205 In reply to bransth.

I pray that you are right, but the media listens to Fauci on this. When he says we have a cure, then we are good.

]]> By: dboucher https://rightsideofthechart.com/closing-market-wrap-4-3-20/#comment-15203 Sat, 04 Apr 2020 21:39:18 +0000 https://rightsideofthechart.com/?p=199202#comment-15203 Randy
I just read an article where Bank of america says the lows for stock prices and corporate bonds are in
Sounds to me little they are whistling past the grave yard, hoping others will join in

]]> By: albroadviewhts https://rightsideofthechart.com/closing-market-wrap-4-3-20/#comment-15202 Sat, 04 Apr 2020 20:15:08 +0000 https://rightsideofthechart.com/?p=199202#comment-15202 How about gold minors? It usually tracks the price of gold. GDXJ usually follows the price of gold and is down 45% from its high. If you track the price of gold and GDXJ they usually track. It looks under priced on the fundemantal side. GDXJ came down with the sell off and I believe might still be down from the coronavirus having shut down some mines. That said, in 2009 gold minors fell with the index funds, then started back up when gold started to go back up, and then exploded higher before the S&P hit bottom. That said, the market has a lot more to drop.

]]> By: bransth https://rightsideofthechart.com/closing-market-wrap-4-3-20/#comment-15200 Sat, 04 Apr 2020 18:40:22 +0000 https://rightsideofthechart.com/?p=199202#comment-15200 In reply to Bear trap Dan.

Maybe Good Friday. Trump’s been teasing it for weeks now. He just retweeted this hydroxychloroquine story showing that it’s the preferred corona treatment by doctors worldwide. Amazing that the media has been burying this story. It’s like they prefer corona madness to a cure.
https://justthenews.com/politics-policy/health/hydroxychloroquine-rated-top-drug-doctors-front-line-covid-19-who-also-fear

]]> By: Bear trap Dan https://rightsideofthechart.com/closing-market-wrap-4-3-20/#comment-15199 Sat, 04 Apr 2020 18:28:32 +0000 https://rightsideofthechart.com/?p=199202#comment-15199 In reply to bransth.

Cure next week?

]]> By: kylehusky https://rightsideofthechart.com/closing-market-wrap-4-3-20/#comment-15196 Sat, 04 Apr 2020 07:44:07 +0000 https://rightsideofthechart.com/?p=199202#comment-15196 Wall St Journal:
U.S. shale driller Whiting Petroleum Corp. filed for bankruptcy protection on Wednesday.

]]> By: morris https://rightsideofthechart.com/closing-market-wrap-4-3-20/#comment-15194 Sat, 04 Apr 2020 04:24:16 +0000 https://rightsideofthechart.com/?p=199202#comment-15194 In reply to DarcShadoww.

I’m also new and i can fully agree…. Great Job Randy.

]]> By: nostaticatall https://rightsideofthechart.com/closing-market-wrap-4-3-20/#comment-15193 Sat, 04 Apr 2020 02:20:53 +0000 https://rightsideofthechart.com/?p=199202#comment-15193 In reply to DarcShadoww.

Yes, thanks for all the hard work. i have been a subscriber for a while now and have not seen @rsotc this confident. No maybe yes, maybe no. Randy’s calls have been scary accurate. So far, I have done well digging myself out of a hole hopefully soon I’ll be in the green and from then on will practice ruthless stop loss.

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