Musclecar prices and the possible recession

[the427king]

Sell your cars, buy oil futures. Then sell the oil in a few months ,double your money, and go buy your car back.

[Lee Stewart]

Originally Posted by the427king

Sell your cars, buy oil futures. Then sell the oil in a few months ,double your money, and go buy your car back.

Nah . . . sell cruise line and airline companies short. You won't have to wait a few months to make a killing. Maybe 3 or 4 days . . . if it's not already too late to do so.

The U.S. State Department is warning Americans against traveling on cruise ships due to concerns over coronavirus. In a tweet, the State Department said: “U.S. citizens, especially with underlying conditions, should not travel by cruise ship.

[SBR]

Originally Posted by the427king

Sell your cars, buy oil futures. Then sell the oil in a few months ,double your money, and go buy your car back.

Agree, I will back up the truck on crude if it hits 25 per barrel.

[EZ Nova]

Posted on another site:

First 2 Coronavirus deaths recorded in Germany

WHO's Dr. Tedros says threat of pandemic has become "very real"

Confirmed cases near or pass 1,000 in France, Germany and Spain
US deaths hit 22

Canada reports first death in British Columbia

Germany state of Brandenburg has between 4k and 5k in home quarantine

Trump to meet with Wall Street CEOs Wednesday

South Korea imposes travel advisory, confirms another 96 cases; 3 new deaths (total: 54)

Hungary stops flights to and from Northern Italy

PM Johnsons says UK won't close parliament

Trump to hold WH meeting on fiscal stimulus

Italian PM promises "massive shock therapy" to save economy from coronavirus

Amazon asks employees in NY, NJ to work from home

Deutsche Bank cancels 150-year-anniversary celebrations

Dozens of flights leave northern Italy despite quarantine, even as airlines cancel routes

Moody's says US economy headed for recession

Cuomo confirms 142 new cases in New York State, bringing total confirmed in NYC to 19
NY has started making its own sanitizer

Columbia University cancels classes, Princeton moves lectures online
78 new public health labs open across US Monday

Spain PM says he will have 'emergency plan' to tackle outbreak

UK confirms another 45 cases

VP Pence will hold press conference at 5:30ET Monday

Amtrak shutters 'Acela Corridor'

Korean construction worker contracted by US military tests positive

Total number of cases jumps above 9,000 while deaths hit 463

'Grand Princess' docks in Oakland

Another cruise ship disaster might be shaping up in Fla.

Trump congratulates VP Pence via tweet

New cases in South Korea drop as Philippines case total doubles

EUCO President says conference call will be held to coordinate EU response

Germany and France finmins hold talks to discuss crisis

Missouri declares first "presumptive" positive Sunday night; father of patient breaks quarantine

Dutch infections climb to 321

And if you want some interesting reading, TRY THIS, says Corona Virus created in a lab in University of North Carolina in 2015 with a joint venture between China and USA with a Chinese DR. from Wuhan Province??

https://capitalisteric.wordpress.com...s-blunt-truth/

[Billohio]

I have been dabbling in an oil fund called USO. It's an ETP, exchange traded product. It was down 25% yesterday to lowest it's been in several years. I think it closed in the 6.50 range yesterday. It's a way you can follow the market without having to pay what barrels of oil cost.
For the last couple weeks it has been down more than the stock market and really took it on the chin yesterday. When I first got in to it, the price was in the 10 to 11 range. Seems to have days it moves quite a bit

[Crush]

Market will make a nice come back today, be ready!