The vast majority of all the money in the stock market are controlled by the top 5% of the population. They are the ones going in panic mode, buy/sell. I sit back and keep doing what I've always done and grin knowing some of those rich folks are loosing more in one minute then I made in a life time. I will all come back for small dollar folks like me given enough time, and that's ok

Just got rich shorting oil via DRIP and WTID. Sold about 70% of it yesterday.

There is still some room for this market to drop if SP500 is to catch down to corporate EPS (correlates again at 2000ish)

Disclaimer, I’m generally bearish.

A rally following a bad week isn't unusual. Shorts have to cover, i.e. buy. Add in fed helicopter money and you get a good rally.

Canada has bigger problems then the virus. Oil is the economic engine that drives the west. The Royal Bank of Canada, CIBC, Scotiabank and Bank Of America, all big banks said today they believe Canada will be in recession this year.

Bud is a great buy at $44.00!

I'm covering my gold and silver short, as soon as the market opens. I'll wait for the futures for further comment.

The one's that are selling in a panic are those that are overextended with no reserve cash flow ....same as '08... This was not a hard nose dive so an investor only looses IF they sell.

I know 1 investor in the last crash that lost double digit Millions $ on paper but their liquid cash flow was more than sufficient to ride it out and came out on the end with ridiculous profits as he was still buying low when others were screwed - system recovers et voila!

Looks like tomorrow is going to be another down day. If the US shuts down like Europe, most likely. Things are going to get a lot worse.

The last guy that used the approach of extremely low interest and quantitative easing was severely criticized by those currently driving the bus???

How's all the buying low and short going

I decided to stay short gold and silver. So I'm happy. We are in a 1929 situation. I believe if Biden wins, we'll wipe out those that bought the dips. Many bought the dips of 1929, they got wiped out in 1933. The market didn't rebound until 1954. One of the main reasons term limits got imposed on the president.

Canada is more screwed, we bet heavily on oil. Our oil is now $9.19 per barrel. Last week our biggest banks called for a recession. This week even our government is calling for a deep recession.