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/biz/ - Business & Finance

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18081453 No.18081453 [Reply] [Original]

So...no more market dumps? Is it finally over?

>> No.18081574

yup. DOW 3000, BTC 40k, LINK $100 here we come.

>> No.18081601

>>18081453
Unemployment numbers out @ 8:30AM tomorrow.

>> No.18082369

I'm still a bit uneasy. I'm pretty sure the whole thing will dump again in the next day or two, certainly by the end of the week. Maybe I'll short now.

>> No.18082396

>>18082369
show short

>> No.18082426
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18082426

>>18081601
this

>> No.18082431

>>18081453
Yes, it was a nothingburger like 87

>> No.18082469

>>18081601
Where will they be released?

>> No.18082671

>>18081453
Not over. The mudfight over the relief legislation is continuing, and the unemployment numbers come out tomorrow. Expect a big leg down tomorrow, eating away the gains from the last two days.
I don't expect to see the bottom if and until Trump ends the national emergency in two weeks, like he's threatening.
The HUGE SCARY dumps are probably over. Business is starting to plan for the next couple of months, deciding if they need to lay people off or apply for bailout loans. The market will bounce more through that. Then we'll see 12-14 months on a slow recovery, like most recessions. 2020 is basically a write off, in terms of any solid growth, right now all we can hope for is an orderly retrace back to close to where we started. I'm not holding my breath for getting more than 50% of the way anytime soon, but that's better than going down further.
Then, when Trump is elected again, we'll see solid green shoots everywhere. The Dems will fight this every step of the way, until the elections, so don't discount that, either. Oil needs to recover too, and that's not resolved yet, but Nigeria just threw a huge monkey wrench into OPECs plans by underpricing them, which they've done before, and ended price wars, because they literally cannot survive underpricing Nigeria.
So...bunker mode financially for a while - I've scratched out any major purchases this year. This will be a SLOW recovery. If you expect this to turn around as fast as it hit, you're naive and in for a lot of disappointment.

>> No.18082742

>>18082671
Sø you don’t think the actual price includes this information?

>> No.18082844

>>18082742
No, I don't. Not yet.

>> No.18082893

>>18081453
wait for unemployment numbers next quarter and then the inevitable real estate crash from so many businesses not able to make rent, flooding the market with open lots for retail and businesses.

>> No.18084875

>>18081453

>Swift
Chainlink won some competition 3 years ago, literally not a single news since -> PROVEN FAKE
>Google
1 blog post 10 months ago, never used on mainnet, nothing else since -> PROVEN FAKE
>Oracle
10 months ago, gravelcoin, fernando demoted -> PROVEN FAKE
>E&Y
recent news, will be proven fake soon
>Microsoft
recent news, will be proven fake soon