• Breaking News

    Monday, March 30, 2020

    Stock Market - The DOJ & FBI are investigating stock transactions of lawmaker who dumped stock prior to markets collapsing

    Stock Market - The DOJ & FBI are investigating stock transactions of lawmaker who dumped stock prior to markets collapsing


    The DOJ & FBI are investigating stock transactions of lawmaker who dumped stock prior to markets collapsing

    Posted: 30 Mar 2020 12:01 PM PDT

    https://financialnews.com/news/goverment-politics/covid-19-the-doj-fbi-are-investigating-stock-transactions-of-lawmaker-who-dumped-prior-to-the-markets-collapsing/

    The US Department of Justice and the U.S. Securities and Exchange Commission began checking stock transactions in recent weeks by members of US Congress who had access to classified information about the spread of coronavirus and the impact of the unfolding pandemic on the economy

    The Federal Bureau of Investigation (FBI), as part of the investigation, requested information about the stock sales of Senator Richard Burr who sits as Chairman of the Senate Special Intelligence Committee

    submitted by /u/MobileDon
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    Today's Pre-Market Movers & News [Monday, March 30th, 2020]

    Posted: 30 Mar 2020 05:25 AM PDT

    Good morning traders and investors of the r/StockMarket sub! Welcome to the new trading week and a fresh start! Here are your pre-market movers and news this AM-


    (CLICK HERE TO VIEW THE FULL SOURCE!)

    Today's Top Headlines for Monday, March 30th, 2020


    • U.S. stock futures were pointing to a modest decline for the Dow Jones Industrial Average at Monday's open after President Donald Trump extended national social distancing guidelines to April 30. The Dow, which closed 4% lower Friday, did soar 12.8% for the week, logging its best weekly gain since 1938 and raising questions about whether blue chips have bottomed. However, heading into Monday's session, the Dow was still nearly 27% off last month's record highs. The yield on the 10-year Treasury remained below 1% early Monday. U.S. oil prices sank below $20 per barrel, near 18-year lows hit earlier this month.

    • On Sunday, mortgage bankers warned that Federal Reserve mortgage purchases are unbalancing the home lending market. In addition to the Fed's extraordinary no limit fixed-income purchases, Wall Street analysts and economists said it would not be out of the question to see the central bank take for the first time ever a passive interest in the performance of the stock market.

    • Preparing the nation for a death toll that could exceed 100,000 from the coronavirus, Trump on Sunday walked back his previous remarks about wanting to reopen the country for business by Easter. In continuing social distancing until the end of next month, the president said, "Nothing would be worse than declaring victory before the victory has been won." Earlier on Sunday, White House health advisor Dr. Anthony Fauci said the country could see up to 200,000 deaths and millions of infections. However, he also cautioned that those numbers are based on outbreak modeling and nothing is certain.

    • The U.S., which has the most known coronavirus infections in the world, saw confirmed cases jump to over 143,000 with 2,513 deaths, according to Johns Hopkins University data. New York has about 40% of those cases and fatalities. A field hospital has been set up inside New York's Central Park to treat coronavirus patients. Abbott Laboratories, which received FDA emergency use authorization on Friday for a test that can detect coronavirus in 5 minutes, was praised by Trump. "Abbott has stated that they will begin delivering 50,000 tests each day, starting this week," he said. Abbott shares were soaring about 8% in the premarket.

    • Global coronavirus cases increased to over 730,000 with 34,685 deaths and more than 149,000 recoveries. Italy, No. 2 to the U.S. in cases with about 97,700, has the worst death toll. Italy's 10,779 fatalities are more than three times as many as China's 3,308 deaths. Rounding out the top three, Spain just surpassed China in infections, with over 85,000 cases and more than double China's death toll at 6,803. China, where the pandemic started in December, has the world's fourth most known infections, nearing 82,200 cases. Germany is No. 5 in worldwide cases at about 62,400. It has 541 deaths.

    • Amazon warehouse workers in Staten Island, one of the five boroughs of New York City, plan to strike on Monday to call attention to what they claim is the lack of protections for employees. Chris Smalls, a management assistant and a lead organizer of the strike, told CNBC that workers at the fulfillment center known as JFK8, have grown increasingly concerned about coming into work after an employee tested positive for the coronavirus there last week. Amazon told CNBC that the company was supporting the individual in quarantine and asked anyone who was in contact with the worker to stay home with pay for two weeks. JFK8 remains open.

    STOCK FUTURES CURRENTLY:

    (CLICK HERE FOR STOCK FUTURES CHARTS!)

    LAST WEEK'S MARKET MAP:

    (CLICK HERE FOR LAST WEEK'S MARKET MAP!)

    TODAY'S MARKET MAP:

    (CLICK HERE FOR TODAY'S MARKET MAP!)

    LAST WEEK'S S&P SECTORS:

    (CLICK HERE FOR LAST WEEK'S S&P SECTORS CHART!)

    TODAY'S S&P SECTORS:

    (CLICK HERE FOR TODAY'S S&P SECTORS CHART!)

    TODAY'S ECONOMIC CALENDAR:

    (CLICK HERE FOR TODAY'S ECONOMIC CALENDAR!)

    THIS WEEK'S ECONOMIC CALENDAR:

    (CLICK HERE FOR THIS WEEK'S ECONOMIC CALENDAR!)

    THIS WEEK'S UPCOMING IPO'S:

    (CLICK HERE FOR THIS WEEK'S UPCOMING IPO'S!)

    THIS WEEK'S EARNINGS CALENDAR:

    ($RH $BB $VFF $CHWY $KMX $WBA $PAYS $TTNP $STZ $CALM $GNLN $CSU $CAG $MKC $RMBL $GPL $HEXO $PVH $DARE $CTEK $CYD $NVCN $LW $AYI $ICLK $ALPN $APOG $UNF $EAST $SMTS $CSSE $SCHN $LNDC $NG $RECN $EDAP $APTX $ASND $VRNT $MOTS $VERO)

    (CLICK HERE FOR THIS WEEK'S EARNINGS CALENDAR!)

    THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:

    ($GRWG $GNLN $RMBL $CALM $CTEK $CYD)

    (CLICK HERE FOR THIS MORNING'S EARNINGS CALENDAR!)

    EARNINGS RELEASES BEFORE THE OPEN TODAY:

    (CLICK HERE FOR THIS MORNING'S EARNINGS RELEASES!)

    EARNINGS RELEASES AFTER THE CLOSE TODAY:

    (CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES!)

    FRIDAY'S ANALYST UPGRADES/DOWNGRADES:

    (CLICK HERE FOR FRIDAY'S UPGRADES/DOWNGRADES LINK #1!)
    (CLICK HERE FOR FRIDAY'S UPGRADES/DOWNGRADES LINK #2!)
    (CLICK HERE FOR FRIDAY'S UPGRADES/DOWNGRADES LINK #3!)
    (CLICK HERE FOR FRIDAY'S UPGRADES/DOWNGRADES LINK #4!)

    FRIDAY'S INSIDER TRADING FILINGS:

    (CLICK HERE FOR FRIDAY'S INSIDER TRADING FILINGS!)

    TODAY'S DIVIDEND CALENDAR:

    (CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #1!)
    (CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #2!)
    (CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #3!)
    (CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #4!)
    (CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #5!)
    (CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #6!)
    (CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #7!)

    THIS MORNING'S MOST ACTIVE TRENDING TICKERS:

    • ABT
    • AXSM
    • JNJ
    • NVDA
    • CALM
    • BK
    • CAKE
    • CVNA
    • APD
    • UBS

    THIS MORNING'S STOCK NEWS MOVERS:

    (source: cnbc.com)

    Johnson & Johnson (JNJ) – The company announced it has identified a lead COVID-19 vaccine candidate, and plans to begin phase 1 clinical trials by September at the latest. Its intention is to have the first batches of vaccine available for emergency use by January.

    STOCK SYMBOL: JNJ

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Cal-Maine Foods (CALM) – The nation's largest egg producer reported quarterly earnings of 28 cents per share, 10 cents a share above estimates, Revenue also beat forecasts and Cal-Maine said it is not seeing any supply chain disruptions as a result of the coronavirus outbreak.

    STOCK SYMBOL: CALM

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Sanofi (SNY), Regeneron Pharmaceuticals (REGN) – The drugmakers expanded a clinical trial of their rheumatoid arthritis drug Kevzara as a coronavirus treatment. The trial now includes patients outside the U.S., after beginning in America last week.

    STOCK SYMBOL: SNY

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    STOCK SYMBOL: CALM

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    United Technologies (UTX), Raytheon (RTN) – The defense contractors have received all regulatory approvals for their all-stock merger, and expect to close the deal prior to the open on Friday. United Technologies will be renamed Raytheon Technologies and trade under the ticker "RTX." The Carrier and Otis businesses of United Technologies will become separate publicly traded companies, trading under ticker symbols "CARR" and "OTIS," respectively.

    STOCK SYMBOL: UTX

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    STOCK SYMBOL: RTN

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    La-Z-Boy (LZB) – La-Z-Boy furloughed 6,800 workers, cut the pay of senior management by 50%, and of salaried workers by 25%. The furniture maker also eliminated its June dividend and stopped its share repurchase program indefinitely.

    STOCK SYMBOL: LZB

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Tegna (TGNA) – Tegna said it has held talks with two of four interested parties about their takeover proposals for the regional TV station operator. Those talks have stopped, however, due to the disruption caused by the coronavirus outbreak.

    STOCK SYMBOL: TGNA

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Jefferies (JEF) – Jefferies said its Chief Financial Officer Peg Broadbent has died from the coronavirus. The investment bank named Teri Gendron, the CFO of the company's financial services arm, as Broadbent's successor.

    STOCK SYMBOL: JEF

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Gilead Sciences (GILD) – Gilead said it would stop taking individual emergency requests for its experimental coronavirus drug due to overwhelming demand.

    STOCK SYMBOL: GILD

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Eldorado Resorts (ERI) – Eldorado's deal to buy rival casino operator Caesars Entertainment (CZR) could be in danger, according to the New York Post. The paper said regulators have delayed their review of the $17.3 billion deal due to the virus outbreak, while the casino industry takes a hard hit from ongoing closures.

    STOCK SYMBOL: ERI

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Novartis (NVS) – Novartis CEO Vas Narasimhan told a Swiss newspaper that its malaria drug hydroxychloroquine is the drugmaker's biggest hope against COVID-19.

    STOCK SYMBOL: NVS

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Apple (AAPL) – Apple could see an 18% year-over-year drop in iPhone orders during the current quarter, according to a Reuters report.

    STOCK SYMBOL: AAPL

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Papa John's (PZZA) – Investor advisory firm ISS said retired basketball superstar Shaquille O'Neal should not be re-elected to the board of the pizza chain, according to a Bloomberg report. ISS said O'Neal skipped too many board meetings and that shareholders should vote against his re-election at the April 23 annual meeting.

    STOCK SYMBOL: PZZA

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Procter & Gamble (PG), Kimberly-Clark (KMB) – Jefferies upgraded both consumer products makers to "buy" from "hold," noting that both are benefiting from the "pantry-loading" taking place due to the coronavirus outbreak.

    STOCK SYMBOL: PG

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    STOCK SYMBOL: KMB

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    FULL DISCLOSURE:

    /u/bigbear0083 has no positions in any stocks mentioned. Reddit, moderators, and the author do not advise making investment decisions based on discussion in these posts. Analysis is not subject to validation and users take action at their own risk. /u/bigbear0083 is an admin at the financial forums Stockaholics.net where this content was originally posted.


    DISCUSS!

    What is on everyone's radar for today's trading day ahead here at r/StockMarket?


    I hope you all have an excellent trading day ahead today on this Monday, March 30th, 2020! :)

    submitted by /u/bigbear0083
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    I just don’t get this market.

    Posted: 30 Mar 2020 07:16 PM PDT

    I have only seen a small bit of good news about the market/economy. Every article I read says we might lose 20-30% of small business, unemployment is through the roof, we extended lockdowns for another 15 days, infected numbers and death forecasted to go through the roof, other countries are about to close borders to us, etc.

    But yet, the market just keeps going up. I don't get it. We could say it's "priced in" but there is way too much unknown here and, frankly, things have gotten worse since the 18000 mark that the DOW reversed at.

    Maybe it is that the market truly isn't the indicator of a failing economy? Maybe people really believe this will not be as bad as they are saying? Maybe it's fear of missing out?

    I can't explain it at all...can anyone help me out?

    submitted by /u/sab340
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    Stock Watch List March 30, 2020

    Posted: 30 Mar 2020 05:54 AM PDT

    Good Morning, here's my watch list.

    Gap Ups: ABT (50 and 200 DMA over head), APT, BLPH, BNTX, CALM, CHWY, INO, OMI, ZM

    Gap Downs: AXSM (200 DMA at 47.27), CCL,

    It looks as if virus stocks are trying to move again. Many stocks were gapping down but it looks as if they are being supported pre market so I didn't add them to my list. This week it is possible we will get some clues as to what happens next. Will the market continue lower and base/form a "w" pattern or will it continue higher. This is a different scenario based on the biggest stimulus package in history and news of the virus. We will have to wait and see.Either way, SPY under multiple resistance levels. I'll be trading price action in these gappers, see if we can catch a trend if the market holds up. If you are new to trading, position size with pre planned risk/reward in mind. Have an entry, stop and target before entering trades. Good luck

    submitted by /u/Kant_sleep13
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    SPY Predictions for the Week

    Posted: 30 Mar 2020 06:51 PM PDT

    This is my short term (1-2 week prediction)

    Spy will test resistance tomorrow at around $262.82. If it bust thru I will look for it to test $270 resistance.

    If it cannot break thru the 262.82 resistance it will drop and test the MA(50) $257.05. If support cannot be found it will drop and test $245.33 MA(200) support level.

    If that doesn't hold up.....brace yourself for a retest of the lows.

    SPY APR 19 240 PUT

    TL;DR- Next week or two key resistance levels to be tested. If they hold up we will see retest of lows. If not.....Who the hell knows?!

    submitted by /u/Ivo_Brook
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    OK, SERIOUS??

    Posted: 30 Mar 2020 03:13 AM PDT

    I get last week but certain things I didn't get last week. With the world economy basically going down in a ball of fire with no vaccine or even tests to see who is effected, based on hundreds of thousands of people to die in the next 6 months, 3.3 applied for unemployment last week, will be more this week, numbers come out this week, and the dow is down 25 pts and the s and p is up??? The market has offically gone to the fed looney where nothing makes sense

    submitted by /u/hookedcook
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    What happens to stocks when the government takes partial ownership?

    Posted: 30 Mar 2020 05:42 PM PDT

    Hello! I have some stocks in Virgin Airlines Australia - about $5000 so not too much and will be okay.
    Today they stopped trading after asking for a bailout from the Australian government and there's talk that they may take partial ownership of Virgin. Would anyone know what happens to stocks in cases such as these? https://www.dailymail.co.uk/news/article-8169917/Virgin-Australia-goes-trading-halt.html

    submitted by /u/yb0t
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    Best Resources for learning and knowledge on Stocks

    Posted: 30 Mar 2020 09:55 AM PDT

    Hey subr,

    I've been doing some low key stock trading for the past couple weeks and a while ago before that with not much money...

    Portfolio just currently sitting around 3k and have been doing my own research for choices, but I wanted to come here and get some ideas on what you guys have used and helped you learn more on stocks, Technical analysis etc..

    Thanks!

    submitted by /u/BongsndThongs
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    Why the s+p500 restisance level is at $269

    Posted: 30 Mar 2020 01:12 PM PDT

    The main thing about drawing resistance lines is that they happen relatively quick. We are in a unique time in stock market history, no doubt. With that being said bear markets are quick and when figuring out future resistance lines you need to look at what happened this month and where it made a resistance at 269. I believe the market will not go above this if it gets close. It will crash again into a bear.

    submitted by /u/KingOGjuice
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    What are some of the best long term dividend stock/ETF deals out there right now? Dividend yields 5%+

    Posted: 30 Mar 2020 12:29 PM PDT

    I'm mainly looking for stocks and ETFs that have gone down significantly in recent weeks having a high chance for success in the long term. I'm mainly just trying to find opportunity and if you dont have anything productive then I'd prefer you not to comment instead of leaving an unnecessary comment. Not interested in cruise lines or oil stocks or travel stocks, those are already on my radar! Mainly looking for companies that most may not even know about but have big opportunity for dividends, thanks

    submitted by /u/abcde123edcba
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    What is Wall Street Thinking??

    Posted: 30 Mar 2020 04:55 PM PDT

    We have been receiving nothing but terrible news, skyrocketing Coronavirus infections and deaths, all time low crude oil prices, looming recession, and a FED projected unemployment rate of 32%! Yet despite all of this the Dow and other market tracking indexes have been posting increases for just over a week. Is this a false trend or is this increase a sign of things to come and a return to a bull market? Please give me some guidance!

    submitted by /u/qhubbard
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    EUR/USD

    Posted: 30 Mar 2020 04:14 PM PDT

    Currently Eyeing E/U on 1hr TF for long opportunity. TL 3rd touch, Fibo Pullback, CL break, Stochastic RSI crossed for longs and bull engulf candle close through both 21 & 8 day SMMA. Im Watching price action in the 1.10450 area with TP 1 being at 1.1200. </= 3% risk. Sitting on my hands currently.

    submitted by /u/SikmaFX
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    TIP FOR GETTING A BETTER PRICE ON OPTION TRADES

    Posted: 30 Mar 2020 02:56 PM PDT

    I'm on TD Ameritrade so I don't know how this may work with other brokers but it's working well on there.

    Traders know you buy the ask and sell the bid, but lately I've been paying the bid price, or very close to that, when buying.

    On TD, after clicking on the call or put you want to buy, you move the slider close to the bid and close the lock. The lock guarantees you'll either get your price or not get filled. You cannot get filled at another price, which typically will be higher if you enter a trade with your limit order unlocked.

    I'm getting filled most times, sometimes after a few seconds, but I get that discounted price.

    I'm sure other brokers have something similar. Try it and save some money on your next trade.

    Remember, you'd rather have a sister in a ho house then a brother working at an online broker.

    submitted by /u/NewstradrX
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    TSLA and LYFT shorts

    Posted: 30 Mar 2020 02:36 AM PDT

    Hope everyones having a good start to the week!

    I have a short position on TSLA and LYFT right now, but everything seems to be moving more of less sideways for the start of the week.

    I was expecting a dramatic drop to the week with everything going on.

    wanted to know peoples thoughts, worth holding the short positions or should I just close out now.

    Think we've all learnt that the market is just going to do the opposite of the news anyways at the point

    submitted by /u/lightbulb10023
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    How in the hell is the market not fucked?

    Posted: 30 Mar 2020 02:10 PM PDT

    I have no investments or anything in the markets. I come from the virus boards.

    This whole system is rigged to shit. Too big to fail I guess. Just brrrrrrrrr and fix the problem with forced inflation. Anyone who thinks this pandemic is even close to over is retarded. we're not even done with the first of multiple waves. There are no great options right now. It's either let people die from the virus or let people die from going broke. Or a mix of both. Not saying you shouldn't invest cuz I'm sure you can make some crazy short term gains through all this. But ya, these trends are purely anti-reality. When will the fucking markets tank like they should?

    submitted by /u/Bigchimah
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    FED tools to mitigate damage

    Posted: 30 Mar 2020 05:13 AM PDT

    FED question we keep asking ourselves is how much the fed can do in order to mitigate the coronavirus, in this case a recession and most likely a depression.

    INTEREST RATES interest rates are built to stimulate the growth of the economy. unfortunately we couldn't see the extent of the fed cut as it was at 2/.5% and now reaching 0/.25%. https://www.investopedia.com/articles/economics/08/interest-rate-affecting-consumers.asp

    BONDS buying treasury securities and mortgage-backed securities. bed currently has $4.6Trill in assets from buying these since 2008. which has the ability to reduce long term interest rates and lowers mortgage rates(MR are currently down ~-1%. https://www.barrons.com/articles/why-the-federal-reserve-is-buying-bond-etfs-51585353014

    LENDER OF LAST RESORT makes more money available to financial system to make sure the it can operate smoothly. so FED can lend cash which financial institutions can use them only for short term movements. https://en.m.wikipedia.org/wiki/Lender_of_last_resort

    DISCOUNT LANDING FED is able to directly lending money to commercial banks. CBs normally lend from each other. the FED rate however is high and has been on a steep rise since 2016 from 1% to a high of 3%. FED stepped in and lowered rate to .25%. which makes it offers CBs better or at market level rates compared to if they borrowed from each other. https://www.federalreserve.gov/regreform/discount-window.htm

    PAPER FUNDING FED can lend cash directly to businesses. short term(day to day activities, payroll etc.) https://www.federalreserve.gov/regreform/reform-cpff.htm

    SWAP LINES FED lends money to the rest of the world. dollar is a currency that holds a lot of weight. make more dollars available at almost lower interest rates. https://www.bloomberg.com/news/articles/2020-03-19/fed-starts-dollar-swap-lines-with-nine-additional-central-banks

    TL;DR: understanding of what the FED can do. format was based on the video attached below(if you don't want to read). For those who want a clearer definition of each heading i attached links to what they mean or how they affect the market. https://youtu.be/BBkSEXU-Dnw

    submitted by /u/Hkoti
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    Q1 ends Tuesday....thoughts or opinions?

    Posted: 30 Mar 2020 01:48 AM PDT

    When companies report huge losses from the virus and with unemployment going to an all time high y'all think everyone is just gonna sell? Markets gonna crash due to this? What do y'all think?

    submitted by /u/DiligentCheek
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    Why a Spike in the Price of Gold Futures Matters for People Buying Toilet Paper Nebraska | Josh Crumb

    Posted: 30 Mar 2020 01:19 PM PDT

    Listen to the full episode

    Demetri Kofinas speaks with Josh Crumb, founder & CEO of Abaxx Technologies, which is launching a new commodity futures exchange in Singapore over the next year. Josh was formerly a macro economist and commodity strategist at Goldman Sachs, where he was the head of metals strategy. He is also a co-founder of gold bullion dealer Goldmoney, and Jewelry company Mene.

    In their conversation, Josh and Demetri discuss a curious case of backwardation on the COMEX, which is the futures and options market for trading metals in New York. The price of gold in near-dated futures expiring at the end of March spiked by almost 10% to $70 an ounce above the price of obtaining physical gold in London. Only on a handful of occasions since 2000 have gold prices risen more in a single week, including immediately after Lehman Brothers filed for bankruptcy in September 2008.

    Josh Crumb explains what really happened in the early hours of March 24, how disruptions to global supply chains caused by COVID-19 factor in, and why it matters to you.

    submitted by /u/cpclos
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    George Selgin Discusses Government-Mandated Shutdown: Monetary & Fiscal Policy in Crisis

    Posted: 30 Mar 2020 01:00 PM PDT

    Listen to full episode

    Demetri Kofinas speaks with George Selgin, director of the Center for Monetary and Financial Alternatives at the Cato Institute about the recently announced monetary and fiscal policy measures being undertaken to stem the economic fallout from COVID-19 and the government mandated shutdown of the American economy. This is a deep-dive into the specifics of the Federal Reserve and US government's policies, including the mechanics of the monetary and fiscal stimulus.

    We are living in unprecedented times. The closest analogy to what we are experiencing is the mobilization undertaken to fight World War II with one crucial difference: this is a radical demobilization of the American economy. To fight the virus, Americans are being asked to stay in their homes and move about as little as possible. In order to survive a prolonged period of commercial inactivity governments have moved swiftly to pass monetary and fiscal stimulus measures that are themselves as unprecedented as the current lock-down of the global economy. How far will these measures go and what will Western countries like the United States look like on the other side of this crisis? Answering this question may prove more important than any other we have posed before on this program, and we try to answer it today.

    submitted by /u/cpclos
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    EUR/USD

    Posted: 30 Mar 2020 04:13 PM PDT

    Currently Eyeing E/U on 1hr TF for long opportunity. TL 3rd touch, Fibo Pullback, CL break, Stochastic RSI crossed for longs and bull engulf candle close through both 21 & 8 day SMMA. Im Watching price action in the 1.10450 area with TP 1 being at 1.1200. </= 3% risk. Sitting on my hands currently.

    submitted by /u/SikmaFX
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    Where To Park Your Ass(ets) With Negative Interest Rates

    Posted: 30 Mar 2020 10:56 AM PDT

    Question: hypothetically, if we face a situation involving negative interest rates, where the hell do you put your money?

    AFAIK your choices include:

    1. (paper) Cash (is king)
    2. foreign risk assets
    3. domestic risk assets (stocks, equity ETFs)

    You wouldn't want to put money into savings, checkings, money markets, or bonds because you'd draw a negative return.

    Am I missing something?

    submitted by /u/Reeeetail_Investor
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    Beginner: Dumb DCA question, but I gotta ask.

    Posted: 30 Mar 2020 10:09 AM PDT

    Thank you in advance! Not native, but I hope it still makes sense.

    I want to start a DCA scheme for the next 7-9 months. But my broker doesn't allow me to invest/chose a specific amount - only the numbers of stocks I want to purchase.

    So if I want to invest $500 ever months into Microsoft, I will never be able to hit $500 exactly as the rates of course changes.

    Or am I missing something? Should I just buy the exact same numbers of stocks instead, since I cannot choose to invest exactly $500?

    submitted by /u/Prince_Gaming
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    What is ProShares Ultra Bloomberg Crude Oil?

    Posted: 30 Mar 2020 09:41 AM PDT

    I was interested in purchasing a stock that tracks oil prices, and came across "ProShares Ultra Bloomberg Crude Oil (UCO)".. Is it a stock that will disappear soon? Or it can go up after the pandemic?

    submitted by /u/twentyfourismax
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    I want to buy in but can't

    Posted: 30 Mar 2020 08:53 AM PDT

    If you saw my last post, long story short, got 90 k, have an etf picked and stocks, mostly long term but some short term after a year or when ever things go up. So after all this shit the dow is up 430 as of now????? Its fucking stupid that in this time the economy goes up, I'm not buying it but maybe I should, holding out, I'll go back in around 20 but how is the market going up in a worldwide disaster? And I know the market was planed, but everything is shut down???

    submitted by /u/hookedcook
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