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Top News In Service Stocks Today - Breaking & Trending Today
Did we get hammered today . Because investors are finally starting to realize that the coronavirus is a very Destructive Force for economies. Dow plunges 228 points s p plummeted. Nasdaq, 1. 79 . As profit takers came out in forces, especially in big tech, recognizing the chinese economys going to go maybe offline. And going offline cant be good news for the United States the 30year treasury, well, it fell to record lows. That worries me. Yes, thats got to be a dangerous signal and not just a windfall for home buyers, right . All the action seems to el us the bad news out of china is finally translating into bad news almost a total delayed reaction. Should have been a week ago. Because our economy remains deeply intertwined with theirs so many of our companies rely on chinese suppliers for everything from trim, like in clothing, to buttons, essential medications, components ....
We are down across the board these would be losses for the week that will end four weeks of gain weve seen up to this point. Does this count as the first week of 2020, even though it is only two days . We could look at the fiveday thing and if it is up, we could say that is the first week this is up as we see crude oil prices jumping we see that wti is up 4. 1 the gain to 63. 72 a barrel ice brent up by 4. 3 Natural Gas Prices up. Crude is the real focus as tensions are on the rise in the middle east. The market is up 30 from last year that is a place for people to look this year as for gains. We are moving crude from 60. We are not moving from 62 but based on the tensions rising you think about the heighten tensions and what this will mean for the potential repercussions in the middle east the idea of additional strikes of any ships going through the straits of hormuz, people will be watching that closely theyve been blessing ....
About what everybody else is worrying about the flipside of this is also true there is no point in getting excited about something that everybody else is eagerly anticipating why . Because when the vast majority of investors agree that somethings going to happen, that thing tends to already be priced into the stock market while the real economy moves at its own sedate pace you have to build out goods to transport them to retail outlets and wait for the customer to come along and buy them the stock market has no such limitations. Stocks dont quite travel at the speed of light well, how about the speed of thought . They come pretty close the moment of preponderance of hedge fund and Mutual Fund Managers decide that the economy is slowing or speeding up or flat lining, stocks start trading like thats the case instantaneously. It usually takes some time to build that kind of consensus which is why you rarely see these most happe ....
About. Serve eagerly anticipating why . When the vast majority of investors agree something is going to happen that, is priced into the stock market. The real economy moves at its own pace, you got to broer money to build out equipment and use that equipment to manufacture goods and wait for the cost to buy them the stock market has no such limitations. Stocks dont travel the speed of light. Well, how about the speed of thought . They come close. So they decide the economy is slowing or speeding up or flat lining stocks start trading like thats the case. Instantaneously. Usually takes some time to build that consensus which is why you rarely see the moves happening all at once. But once the big institutional Portfolio Managers are on the same page about something, you can be confident that its baked into the averages. I say that week. It will happen that week economists take an ivory you to area proech to the discipline. They ....