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Closed: Apr 9, 7:59 PM EDT · Disclaimer
After hours 15.84 +0.48 (3.13%)
We will do well when the economy opens up soon.
Saudis, Russians reach agreement in principle to cut oil production: WSJ
Published: April 9, 2020 at 11:34 a.m. ET
https://www.marketwatch.com/story/saudis-russians-reach-agreement-in-principle-to-cut-oil-production-wsj-2020-04-09
Yes that is true also!
Yes!
An expert stated on the news yesterday that 80,000 have recovered from the coronavirus already. It is funny that they don’t mention that again and again on the news!
Rstar and JB56 your view about sporting events being canceled were accurate. I still think the coronavirus severity was overblown. Some TV doctors say it is serious some say it is mild and that 80% of cases will not get sick and the ones that do will have a mild sickness. I guess that is moot now. It seems most are frightened! Which made both of your predictions right on.
ZenMan 111
Turok professional athletes are so focused they are in what they call the “zone” when competing and the games are very important competition, they don’t see the audience. There whole world is what’s happening on the court. I know from personal experience in a different competition sport.
You did Turok. I hope you are right about getting back to the $17’s this week.
Now people are buying!
My guess is they all play their games without a live audience for now. They make billions from TV coverage. Money rules! Besides more people watch the games on TV. Sports bars will do very good. The next best thing to being at a game is to watch it with your friends on 10 large screen TV’s at the sports bar sharing pitchers of beer and buckets of Buffalo Wings! Oh yea! With DraftKings mobile App!
Trump is having a meeting with the stock market officials at 3 PM today. You think they would have had it at 9AM. I guess they want the people to think about the results over night and start the market fresh tomorrow.
That’s the problem Carjockey2 just like in all of life it is impossible to have a massive operation like they have and help everyone equally. I hope you can arrange to visit your mom soon.
Everybody has or had grandparents or parents in a nursing home. And we might be there too. No disrespect but that is life. They should just focus on nursing homes and let the general population take care of themselves of coarse give medical treatment when necessary. Many experts on TV have said 80% of people infected don’t get sick or it is like a cold and goes away in a week.
Sorry for the old people, mostly in nursing homes, who are sick already, but they will probably get pneumonia and pass anyway. Nursing home residents are on a short list already. Let’s not pretend politicians!
Our generation laughed at the flu. Either you got it or you didn’t. And when you got it you would be fine in a week. I never got a flu shot and still reject one during my yearly medical. I tell my doctor no and he understands!
The never ending reporting of coronavirus is not good. If they counted the other flu viruses over the past years it would be the same. What is scary is that they might do this every year during flu season. They learned a new trick! It will change the market.
Yes but the market is killing us! LOL!
HELLO )))))))))
Global stocks and oil mount a recovery while Dow futures gain 1,000 points
By Clare Duffy and Jill Disis, CNN Business
Updated 6:56 AM ET, Tue March 10, 2020
https://www.cnn.com/2020/03/09/investing/dow-futures-coronavirus-oil/index.html
Tomorrow might follow!
“Diamond Eagle Acquisition Corp. DEAC, +1.07% and DraftKings Inc. today announced that DraftKings’ co-founder and CEO, Jason Robins, will be speaking at the Deutsche Bank Media, Internet & Telecom Conference, held at The Breakers Hotel in Palm Beach, on Tuesday, March 10, 2020, at 12:35PM ET.”
https://www.marketwatch.com/press-release/diamond-eagle-acquisition-corp-and-draftkings-announce-draftkings-ceo-jason-robins-to-speak-at-the-deutsche-bank-media-internet-telecom-conference-2020-03-05
What happened today with the DOW down over 2,000 points proves that for sure!
Yes indeed! I have 18 stocks on my watch list and DEAC is the only one green today.
What happened? It was like a miracle. It looked like the day was lost!
For those who have the fear a “Texas-based company has reportedly created a coronavirus vaccine”
https://nypost.com/2020/02/20/texas-based-company-has-reportedly-created-a-coronavirus-vaccine/
Nothing is wrong with DEAC! They are talking about sporting events without an audience. Makes sense; major events like “March Madness” and the NBA plus all professional sports make billions on TV. I don’t think those involved will give up that money. In fact this is a perfect reason to have online sports betting. The fans can watch the game at home and with their DraftKings app make the game just as exciting as attending. They are already doing that in Europe. “Audience-free events are held in Italy, Japan as virus spread”
https://www.bloomberg.com/news/articles/2020-03-06/march-madness-without-the-madness-drumbeat-grows-to-ban-fans
Yes! A way to control the people!
It seems that selling fear is very lucrative. If they said that it is no worse than the flu we get every year they would have to change the topic of the news. It seems the topic of Joe Biden and Bernie Sanders will not get as much attention as “the virus is spreading”. When fear subsides the media just announces the growing numbers of known cases to get everyone watching again. It is a sad reality that people gravitate to disasters. The media has learned a trick, every year there is a flu season that can be counted, tracked and reported. They will use it until the interest wears out. Hopefully the Market sees it for what it is and ignores the scam. Money talks and the market now has good buys! Including DEAC!
PS: It seems there are other forces at work also. We will probably never know; only guesses! But the most important piece of information was stated by Dr. Michael Biden a board-certified forensic pathologist on TV last night is that 80% to 90% of reported cases will not get sick. I hope it is not long before the masses absorb this.
They are reporting how many cases test positive for coronavirus but not that 80% of them will not get sick and that 10% will have a fever that will go away in 2 days. Emergency; I don’t think so!
Thanks Turok I am already loaded up @12.05 and have a nice cushion. I do believe you and think if it wasn’t for the flu scare we would be @ $20. They are talking about the flu like it is the black plague. Even though many are saying it really is mild and of all the cases 80% get no symptoms 10% need attention and the fatalities are almost always very old people who have other ailments. The media is on a mission!
Turok your predictions have been right on. I am hoping to hear you predict an up day early next week. Good luck to all of us!
PS: The SP did go up .12 in after hours yesterday.
300 confirmed US coronavirus cases.
331 million people do not have coronavirus!
Yes “what goes around comes around”!
Thanks friend. I agree totally. It is good to hear it from you as I recognize and trust your expertize! Whoever is responsible is hurting many people. Everyone’s 401 K has gotten hammered. A friend of mine said he lost over $100,000 last week. Geraldo Rivera stated on Fox News that he lost a fortune last week. Let’s hope they get their money back!
Thanks it looks interesting. I will watch it. Now I am just hoping the market calms down some with my DEAC. All this concern about a flu is scaring the hell out of people. Hard to believe the market is controlled by the counting and reporting everyone who gets sick. The flu happens every year and they always counted for the records but this year they are reporting every case on every news station making it seem to be more severe. They never shut things down because it was flu season before. At least they are telling the truth now that this flu has weak symptoms that mostly go away on its own. Work in America will not be disrupted. Do you think things will get back to normal soon? And how is DEAC doing at this stage? Thank You!
Here is the transcript of DraftKings CEO Jason Robins speech at Morgan Stanley March 3rd.
https://www.sec.gov/Archives/edgar/data/1772757/000110465920029746/tm2011748d1_425.htm
“NCAA Tournament Officials Are Monitoring Coronavirus, But March Madness Is Set To Go On As Planned”
https://www.forbes.com/sites/adamzagoria/2020/03/04/ncaa-tournament-officials-are-monitoring-coronavirus-but-march-madness-will-go-on-as-planned/#50cbc8081200
“New coronavirus infections may drop to zero by end-March in Wuhan: Chinese government expert”
ReutersMarch 5, 2020, 9:16 AM EST
https://www.yahoo.com/news/china-coronavirus-infections-spike-central-004135685.html
“Diamond Eagle Acquisition Corp. DEAC, -4.01% and DraftKings Inc. today announced that DraftKings' co-founder and CEO, Jason Robins, will be speaking at the Deutsche Bank Media, Internet & Telecom Conference, held at The Breakers Hotel in Palm Beach, on Tuesday, March 10, 2020, at 12:35PM ET”.33 mins ago
https://www.google.com/search?ei=xXBhXsWDF4yl_QaA8ZGAAQ&q=on+the.+march+draftkings+ceo+will+speak+at+deutsche+bank&oq=On+Tue.+March+DraftKings+CEO+will+speak+at+Dueach+bank&gs_l=psy-ab.1.0.33i10i299l2.699476.699476..703037...0.2..0.189.189.0j1......0....2j1..gws-wiz.......0i71.FAZETGTGZSw
Yes I don’t get it too; Wednesday the Dow goes up to +1,100 with no coronavirus fear but on Thursday if falls to -959 because of coronavirus fear. Yes the media is controlling the stock market!