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Tuesday, August 11, 2020

A Late Day Drop in US Stock Markets Today (8/11/20)

       Even though Russia had approved this vaccine that their scientist had been working on and was tested with 76 people.     Still this vaccine doesn't have nothing created from the Coronavirus, but will have to see if it can protect people for 2 years from getting the virus.      That news was encouraging before the US stock markets had opened, with nearly every overseas market moving into the upside.   

      What triggered the fast falling drop on the US stock markets, that came from Thomas Barkin, the chief from one of the 12 regional branches of the central bank.       Had sounded a warning in a digital town hall, about holding on Tuesday (8/11/20) for the Center for Regional Economic Competitiveness.

      With him mentioning how a recession could cause a historic proportions from stalemated Congress fails to provide more financial aid to beleaguered workers and businesses.       Another part of the drop was caused by another tech selloff before the US stock markets closed.        Even with this sudden drop happening, my three investments had a dip on two of them.     The third one pushed itself into the profit side and examined how the MACDs were doing on those three stocks.     Two of the stocks were still having more momentum driving them up, the third one had showed a tiny drop on the blue line from off the MACDs.       But the red line had moved upped from the stock dropping by .20 cents and on 7/24/20 the stock CohBar Incorporated on that day was down.      The blue line had fallen slightly with the red line still gaining, the next day the blue once again was showing momentum.      Now the after hours on this stock was rebounding and all three of the US stock markets are up in the stock futures.

      The S & P 500 is nearing an all time high and read earlier this morning after waking up that we could be heading into a major bull run.        Other signs are showing that too from the report that I had posted a few days ago that the US markets could be seeing major climbs beginning August 14, 2020.

      Now the MACDs on the stocks that I had purchased is indicating around August 18, 2020 for this major stock market climb.       The investments had a tumble of a little over $76 dollars, the experimentation dropped down by a little over two thousand.       Except that it gained over $3 thousand the day before, now back to information on the stock futures.       The S & P 500 is up right now by .12 percent, the NASDAQ is up by .40 percent and the DOW is up by .24 percent at 4:48 PST.

       So the experimentation could end up going past $100 thousand before Friday (8/14/20) or see a surge on Friday (8/14/20).     

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