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The Dividend Cafe

Daily Covid and Markets Podcast - Thursday June 25

The Dividend Cafe

The Dividend Cafe - The Bahnsen Group

Estate Planning, Dividend Growth Investing, Monetary Policy, Business, Wealth Management, Macro Economics, Retirement Planning, Investing

4.9572 Ratings

🗓️ 25 June 2020

⏱️ 21 minutes

🧾️ Download transcript

Summary

Futures last night really hugged around the flat line non-stop from 3pm pacific until 9pm or so when I stopped checking.  At 3am this morning they were still flat, and throughout the morning going into the market open they moved a tad lower.  The Dow got down as much as 200 points, gyrated around most of the day up and down, and then rallied the final hour of trading to close up 300 points.

Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to the Dividing Cafe weekly market commentary focused on dividends in your portfolio

0:06.6

and dividends in your understanding of economic life.

0:12.4

Hello and welcome to today's COVID and Markets podcast.

0:16.2

Brought to you by Dividing Cafe of the Bonson Group is David Bonson and market is closed now on Thursday, June 25th,

0:23.6

and I am going to give you the whole rundown today more than any addition to COVID of

0:28.9

markets I have done since this whole pandemic began and we began this daily offering.

0:36.1

I will advise those who listen to the podcast to please check out

0:40.5

thecovertomarkets.com as I'm pretty sure it's a record set today for the most charts.

0:46.7

And since the charts are not available in the podcast, I think you'll get more out of it

0:50.2

to see it in the written form and daily commentary at covenomarkets.com.

0:56.9

Now with that said, let me jump into it and give you kind of the rundown of the day.

1:02.4

It's been a pretty exciting day.

1:03.9

Futures last night, remember the market was down about 700 points yesterday.

1:08.0

We're inundated right now for reports of, you know, ongoing

1:11.8

case of growth in, particularly in a few states. And so a lot of health questions and then

1:20.7

some various factors bleeding into the markets. Last night, futures were pretty flat from about 3 p.m. when the futures

1:31.6

opened Pacific time till 9 p.m. or so when I quit looking. At 3 a.m. this morning, they were

1:39.2

still flat, but then throughout the morning going into the market open they moved a tad lower and didn't crash

1:46.3

or anything but just were kind of giving up ground going negative after the market open the

1:51.7

Dow got down as much as 200 points and then it really gyrated around most of the day up and down

1:58.1

up and down it was pretty you know just kind of intraday volatile,

2:01.8

up 50, down 70, things like that. And then all of a sudden the final hour of trading, it went up

...

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