Good news:
+ Payroll tax cut from Trump
+ People started to calm down
+ Buy signal
Bad news:
+ Won't see the bottom of selling market, until COV-19 case numbers grow slower or stop growing, and Oil war becomes less intense.
+ Since most of people will stay home => less travel, movie, disneyland...
Long term trend: descending
Short term stock: have a boost (temporary)
Buying trend will come back (but for how long?)
Trade:
OXY (+14%) -aggressive , CVX (+6%, more conservative), Walmart or Costco (boost from panic shopping).
TVIX: meme
+ Payroll tax cut from Trump
+ People started to calm down
+ Buy signal
Bad news:
+ Won't see the bottom of selling market, until COV-19 case numbers grow slower or stop growing, and Oil war becomes less intense.
+ Since most of people will stay home => less travel, movie, disneyland...
Long term trend: descending
Short term stock: have a boost (temporary)
Buying trend will come back (but for how long?)
Trade:
OXY (+14%) -aggressive , CVX (+6%, more conservative), Walmart or Costco (boost from panic shopping).
TVIX: meme
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.