STOCK MARKET WATCH - Friday, 20 March 2020

[Tansy_Gold]

STOCK MARKET WATCH, Friday, 20 March 2020

Previous SMW:
SMW for 19 March 2020




AT THE CLOSING BELL ON: 19 March 2020


Dow Jones 20,087.19 +188.27 (0.95%)
S&P 500 2,409.39 +11.29 (0.47%)
Nasdaq 7,150.58 +160.73 (2.30%)

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Market Conditions During Trading Hours:

Google Finance
MarketWatch
Bloomberg
Stocktwits
Yahoo International
CNN Money Premarket

(click on links for latest updates)

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Currencies:







Gold & Silver:



Petroleum:

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DU Economics Group Contributor Megathreads:

Progree's Economic Statistics (with links!)
mahatmakanejeeves' Rail Safety Megathread

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This thread contains opinions and observations. Individuals may post their experiences, inferences and opinions on this thread. However, it should not be construed as advice. It is unethical (and probably illegal) for financial recommendations to be given here.

[BigmanPigman]

1. Looks like Silver is the only place to see increases.

[Hugin]

2. I don't think the Markets are going to take too kindly to these revelations of insider trading...

But, we'll see.

Normally, they don't like cheaters.

[Tansy_Gold]

3. Things were lookin' fairly good there for a while

Now it's down 900+???

WTF happened?

[Maeve]

4. Friday the 13th came a week late?

WashPost says this:

The craziness ran right up to Friday’s closing bell, as the Standard & Poor’s 500 index and Dow Jones industrial average plunged more than 3 percent minutes after the World Health Organization warned that world health systems were “collapsing” under the coronavirus

https://www.washingtonpost.com/business/2020/03/20/stocks-markets-today-coronavirus/

But for the most part, it's anyone's guess

[Hugin]

5. There was a huge spike in volume as Tangerine Idi Amin was speaking.

I have a theory on this... But, I will keep it to myself.

[Aquaria]

6. My guess?

Petroleum crude was doing well this morning after Tangerine Tweetler ran his mouth about butting into the Saudi-Russian price war, and that gave the desperate a straw to grasp onto for the market.

Then traders realized...

"Wait a minute. If that idiot gets involved with that other shit show, he'll fuck it up like he does everything else."

Crude prices started reversing, and the market started declining.

And then came that shit storm of a press conference.

And off we were to another big drop.