Dow now up 500+pts. Pretty strong bounce back so far. I guess we will wait and see how it closes. Just an FYI the climate change nuts have knocked down oil companies to the point their dividend yields are crazy. Occidental has about a 9.5% yield, Exxon a 6.7%
If you think oil is going to go away in the next 30 years I guess these won't be a good buy. If you think it isn't well you be the judge.
Dow now up 750pts. Still 4 hours to go but so far so good.
Dow still up about 730pts. SP500 up 2.25% and NASDAQ up 2.13%. so far a strong bounce. The next hour and half should be interesting.
Dow up 850pt going into the close. Volume is good. Been a crazy day so who knows how it will end.
Cool over +1000 now. Last couple minutes
Nice movement. I'm not so much concerned with the total move(Dow +1100 now) just the fact that we now have some cushion off the lows. There will be some selling sooner or later but at least now we have at a short term bottom with support. A possible trading range for now🤕
OMG +1250pts. That's amazing.
Biggest one day gain since 2009
