Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Roland99

Roland99's Journal
Roland99's Journal
April 1, 2020

DJIA and S&P500 have WORST start to a quarter....Ever.

Dow and S&P 500 at risk of worst start to a quarter in history as investors brace for ‘very, very painful’ weeks of coronavirus
Published: April 1, 2020 at 3:40 p.m. ET
By Mark DeCambre
The Dow needs to exceed a decline of 4.32% and the S&P 500 requires a loss great than 3.69% to register is worst start to a quarter ever
https://www.marketwatch.com/story/dow-and-sp-500-at-risk-of-worst-start-to-a-quarter-in-history-as-investors-brace-for-very-very-painful-weeks-of-coronavirus-2020-04-01


At the close:

Dow 20,943.37 -973.79 -4.44%
S&P 500 2,470.72 -113.87 -4.41%

Nasdaq 7,360.58 -339.52 -4.41%

April 1, 2020

Traffic at Walmart, Costco and Target falls for the first time in weeks

Traffic at Walmart, Costco and Target falls for the first time in weeks as coronavirus stockpiling behavior shifts
https://www.marketwatch.com/story/traffic-at-walmart-costco-and-target-falls-for-the-first-time-in-weeks-as-coronavirus-stockpiling-behavior-shifts-2020-03-31

Traffic at Walmart Inc., Costco Wholesale Corp. and Target Corp. dropped for the first time in the weeks since the coronavirus pandemic ramped up in the U.S., according to Placer.ai.

Walmart WMT, 0.545% traffic was down 6.7% year-over-year for the third week of March. The previous week, traffic was up 18.4%.

At Costco COST, 0.137% , traffic fell 8.7% year-over-year for the third week of March. The second week of March, traffic jumped 34.7%.

And at Target TGT, 2.323% , traffic slumped 20.5% in the third week of March after climbing 19.2% year-over-year the previous week.


I was at Target recently, about noon, parking lot looked like it looks like on a usual day...at opening. Not noon. Got some fruit and left.
April 1, 2020

Fl Gov moRon DeSantis FINALLY issues statewide, 30-day #StayAtHome order

https://twitter.com/AmandaDukesWESH/status/1245401742528872450
@AmandaDukesWESH
BREAKING: @GovRonDeSantis says he's issuing a statewide stay at home order to help prevent the spread of the #coronavirus. Says he decided on it after President Trump extended the federal stay at home order for 30 days.


Many counties have already been but hopefully this keeps people home even more even in those counties.


EDIT: FULL EXECUTIVE ORDER

https://www.flgov.com/wp-content/uploads/orders/2020/EO_20-91.pdf

April 1, 2020

Stock Markets ain't happy. And 10yr Treasury yield touching all-time lows

Dow 21,329.93 -587.23 -2.68%
S&P 500 2,508.58 -76.01 -2.94%
Nasdaq 7,526.63 -173.47 -2.25%
GlobalDow 2,393.25 -72.22 -2.93%
Gold 1,599.30 2.70 0.17%
Oil 20.24 -0.24 -1.17%


U.S. 10 Year Treasury Note
Last Updated: Apr 1, 2020 at 10:41 a.m. EDT
0.588% -0.089



EDIT: NOON Update

Dow 21,144.56 -772.60 -3.53%
S&P 500 2,487.35 -97.24 -3.76%
Nasdaq 7,456.46 -243.64 -3.16%
GlobalDow 2,376.28 -89.19 -3.62%
Gold 1,604.20 7.60 0.48%
Oil 20.34 -0.14 -0.68%

U.S. 10yr 0.590 -0.0879

April 1, 2020

Protectanurse- cool tool posted by Maddow Blog

https://twitter.com/MaddowBlog/status/1245143371590635520
Here's a cool tool to share around.

If you rep a hospital, put your facility on the map and list what you need.

If you have medical equipment that you can provide, click on a hospital to see if they need what you make.

Share: https://protectanurse.com
March 31, 2020

Dow is on track for its worst quarterly performance since 1987 -- here's how the stock market tends t

The S&P 500 hasn’t been down in these three successive months since 2008

https://www.marketwatch.com/story/the-dow-is-on-track-for-its-worst-quarterly-performance-since-the-1987heres-how-the-stock-market-tends-to-perform-afterward-2020-03-31?mod=home-page

In a word, historic, but returns are almost certain to improve over the longer term despite the current pain, if history is any guide.

Indeed, it has been punishing for investors, as the market went into a coronavirus-sparked free fall that so far has the 124-year-old Dow Jones Industrial Average on pace to register its worst quarterly loss since the fourth quarter of 1987. The three-month skid also would represent the steepest first-quarter drop, from January through the end of March, in the index’s history, according to Dow Jones Market Data.

The dizzying equity meltdown has amounted to a more than 21% quarterly skid thus far for the Dow industrials DJIA, -1.412%, while the S&P 500 SPX, -1.382% has declined more than 18% over the quarter, which would mark the broad-market index’s sharpest such decline since the 2008 financial crisis.

Check out the table below, as of late morning on Tuesday:

INDEX QUARTERLY % CHANGE BEST/WORST SINCE
Dow -21.5% Q4 1987
S&P 500 -18.4% Q4 2008
Nasdaq Composite Index -12.6% Q4 2018
Source: Dow Jones Market Data


Closes near sessions lows to round out the month of March

Dow 21,914.37 -413.11 -1.85%
S&P 500 2,584.47 -42.18 -1.61%
Nasdaq 7,700.10 -74.05 -0.95%
GlobalDow 2,469.47 -3.75 -0.15%
Gold 1,597.90 -45.30 -2.76%
Oil 20.37 0.28 1.39%
March 31, 2020

"Then they wrote it all down as the progress of man"

AUSTIN CITY LIMITS
S44 E4402: John Prine
0:54:11 | Expires: 5/17/2020 | Episode
Savor an hour-long set with songwriting legend John Prine. The veteran musician performs songs from his critically acclaimed recent album The Tree of Forgiveness, as well as gems from his catalogue.

https://www.pbssocal.org/programs/austin-city-limits/john-prine-8tbu28/

(last song of the set)

When I was a child my family would travel
Down to Western Kentucky where my parents were born
And there's a backwards old town that's often remembered
So many times that my memories are worn

And daddy won't you take me back to Muhlenberg County
Down by the Green River where Paradise lay
Well, I'm sorry my son, but you're too late in asking
Mister Peabody's coal train has hauled it away

Well, sometimes we'd travel right down the Green River
To the abandoned old prison down by Airdrie Hill
Where the air smelled like snakes and we'd shoot with our pistols
But empty pop bottles was all we would kill

And daddy won't you take me back to Muhlenberg County
Down by the Green River where Paradise lay
Well, I'm sorry my son, but you're too late in asking
Mister Peabody's coal train has hauled it away

Then the coal company came with the world's largest shovel
And they tortured the timber and stripped all the land
Well, they dug for their coal till the land was forsaken
Then they wrote it all down as the progress of man

And daddy won't you take me back to Muhlenberg County
Down by the Green River where Paradise lay
Well, I'm sorry my son, but you're too late in asking
Mister Peabody's coal train has hauled it away

When I die let my ashes float down the Green River
Let my soul roll on up to the Rochester dam
I'll be halfway to Heaven with Paradise waitin'
Just five miles away from wherever I am

And daddy won't you take me back to Muhlenberg County
Down by the Green River where Paradise lay
Well, I'm sorry my son, but you're too late in asking
Mister Peabody's coal train has hauled it away

Songwriters: John Prine
© Warner Chappell Music, Inc.
For non-commercial use only.



Just finished watching this in honor of his recovering from Covid-19

March 31, 2020

Ha! Twitler's new 2020 slogan....

https://twitter.com/OhNoSheTwitnt/status/1244982721627160580
The GOP’s official 2020 slogan is “It’s EconoME, Not Us.”


Ain't that the damn truth!!
March 31, 2020

Audio of Governors' call showing Out-of-Touch Twitler re: testing

https://twitter.com/CBSNews/status/1244761657114591234
CBS News obtained audio of a call Monday between Pres. Trump and rural state governors about coronavirus. After Montana Gov. Steve Bullock discusses difficulty getting testing equipment, Trump says, "I haven't heard anything about testing being a problem" https://cbsn.ws/2wGVqRQ


Brags about great tests and that he’s heard nothing about problems with tests.

This was today

The call was today.
March 30, 2020

Death rate comparison- H1N1 vs Covid-19

https://twitter.com/burgwx/status/1244432375825797122

If anyone's still wondering why we weren't this concerned with the H1N1 pandemic, here's a comparison of confirmed (laboratory tested & presumed positive) deaths in the US between the H1N1 pandemic & COVID-19:


Pretty stark as to now important physical distancing and testing really is

Profile Information

Gender: Male
Hometown: Louisville, KY
Current location: Central FL
Member since: Thu Sep 16, 2004, 02:03 PM
Number of posts: 53,342
Latest Discussions»Roland99's Journal