Thread by @unseen1_unseen

"Stocks are set to add to Monday’s gains with Dow futures up more than 300 points" cnbc.com/2020/04/27/sto…

Market opens up...but then sells off some.

Dow now at +308 pts
SP500 +1.19%
Nasdaq up 0.76%

Oil took another hit down about 4% at 12.29/bl

gold and precious metals flat

10 yr treasury down a bit at 0.63%

Vix continues to fall (good)

Still in the trading range set 2wks ago

Some people still don't understand the market is forward looking.

cnbc.com/2020/04/28/hay…

Not for nothing but I learned back during Obama admin the power of the FED to hold up the market. Many on the left didn't learn this because they all thought Obama's polices were what was making the market move. It wasn't. The market gained in-spite of Obama's policies due to Fed

The power of QE and zero interest rates will all things considered prop up the market. The Fed's move over the last month is more than what they did during the great recession as far as liquidity goes. We are talking $6-7 trillion here. The money goes somewhere...

The current economy sucks due to the china virus. With the market being forward looking and the FED pumping literally Trillions into the economy and the Fed gov pumping in more trillions. The underlying economy will take off like a rocket ship because unlike Obama's failed...

...anti-capitalist policies, Trump's are pro capitalist. So if you combine trillions in QE, fiscal stimulus with pro-capitalist policies you get a unimaginable boom. Trump is saying 3rd and especially 4th qrt will see it. I'm thinking we will see it a bit sooner. July probably.

Dow selling off from opening as it tries to punch through the resistance level set a couple weeks ago.

Still up +175pts.

Not sure the market will be able to punch through yet. I'm still thinking we will have this trading range for a while yet but it's at 50/50.

I'm not a fan of today's action. After the first hour of trading the markets are off their highs.

We are trading at the resistance levels for the Dow.

Not sure if there is enough buying interest to break out of the trading range.

Dow has given back most of it's early gains now.

Dow +29pts
SP500 flat
Nasdaq down -0.7%

oil actually reversed some losses and is positive by 1%

Vix climbed.

looks like we couldn't push through the resistance level. maybe we can retest it before the day is out.

lunch time report:
markets continue to struggle.

DOW and SP500 basically flat.
Nasdaq down about 0.7%
Oil is all over the place but currently down -5%
gold is flat
10 yr Treasury hugging the 0.6% level.

the trading action today has so far not been able to breakout of range

cnbc.com/2020/04/28/cor…

Markets showing signs of life.

Dow and SP500 up about +0.5%
Nasdaq down about the same -0.4%

Basically flat with a little heartbeat with another 90 minutes or so to go. Still not a fan of today's actions but it could be worse.

30 minutes left and the markets are wobbly. We have Google earnings after the bell which should help tomorrow but right now there doesn't appear any big buying interest. It's a wait and see game I guess. Still in the trading range set a couple weeks ago.

Dow up +100pts

and another day of action packed trading draws to a close. Selling in the last 30 minutes managed to bring the Dow down into negatives -32pts basically flat.
Nasdaq took a bit more of a hit down -1.4%
SP500 -0.5%

what will tomorrow bring?

cnbc.com/2020/04/28/sta…

Alphabet shares rose 4% in extended trading on Tuesday after the company reported earnings for the first quarter,

Earnings: $9.87 per share, adjusted
Revenue: $41.16 billion
Cloud revenue: $2.78 billion
YouTube advertising revenue: $4.04B
Traffic acquisition costs: $7.45B

cnbc.com/2020/04/28/for…