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Irvin Mermelstein

Joined: 23/03/20


Comments by Irvin Mermelstein
Dow Ends Above Session Lows as Traders Buy Dip in Tech; Stimulus Hopes Fades Oct 14, 2020 4:57PM ET
Nothing holding this market up now but hope, prayers and greed.
Trump's court pick Barrett calls presidential self-pardon an 'open question' Oct 14, 2020 1:09PM ET
She'll be confirmed. Then, soon enough, she'll be in the minority on the Court. Doesn't know much about the law.
Trump resumes campaign with Florida rally 10 days after COVID-19 disclosure Oct 12, 2020 6:31AM ET
If Trump loses MI, WI and PA, which looks highly likely, FL won't save him. Every state is a battleground state if you are a Republican this year. Trump might not break 100 EC votes. Probably as big a defeat as Hoover in 1932.
Trump’s Bid to Spark Stimulus Talks Fails to Break Stalemate Oct 12, 2020 6:20AM ET
Don't think so. This is "No Sale" until the election is done.
Trump’s Bid to Spark Stimulus Talks Fails to Break Stalemate Oct 12, 2020 6:18AM ET
What a circus 🎪. Does Larry Kudlow have an economics degree? Is he off the coke or is he drinking again? Mark Meadows, another great negotiator, is the first WH Chief of Staff in my lifetime without a Bachelor's Degree, in something. Nancy Pelosi for the TKO in the last round.
European Stocks Edge Higher; M&A Deals, Upgrades Help Oct 12, 2020 4:45AM ET
What am I hearing about positions in RH accounts being liquidated without orders by account holders?
Trump says he is recovered from COVID-19, prepares for return to campaign trail Oct 11, 2020 6:04PM ET
Vote, vote, vote. The Republicans have nothing but talk, insults, fraud, lying, voter suppression, racism, homophobia, xenophobia and more lying. Trump down 14 in PA. We are taking the trash out in MI! Trumpers, you are LOSERS!
Trump says he is recovered from COVID-19, prepares for return to campaign trail Oct 11, 2020 5:58PM ET
This whole thing was a hoax. I am so looking forward to Election night, when this piece of garbage gets taken out!
Federal judge blocks Texas order limiting ballot drop-off sites to 1 per county Oct 10, 2020 12:46AM ET
That was an outrage. Government actions need to have a legitimate purpose and advance that purpose. All Abbott a was doing was trying to prevent a Democratic hurricane in Harris and Dallas Counties. Goodbye John Cornyn!
Chart Of The Day: Will Regeneron Receive A Boost From Trump's 'Miracle Cure?' Oct 08, 2020 1:37PM ET
Pinchas, what a shame that you buy into the Trump nonsense.
European Markets Seen Mixed; New U.S. Relief Package Just Delayed? Oct 07, 2020 3:35AM ET
This is Donald Trump's stock market, which means it's garbage. Market for MAGA heads, not investors. Will we ever get our country back?
European Markets Seen Mixed; New U.S. Relief Package Just Delayed? Oct 07, 2020 2:44AM ET
Pelosi is walking away. She said tonight she will do a stimulus bill in the lame duck. She said to "forget about" Trump.
Mnuchin, Powell say some $380 billion in unused aid could help U.S. economy Sep 24, 2020 4:28PM ET
Powell is an insufferable jerk.
White House says Trump will accept results of November election Sep 24, 2020 4:25PM ET
I don't remember that. Are you sure you aren't just making it up?
White House says Trump will accept results of November election Sep 24, 2020 4:24PM ET
Massive early voting already underway. Has Trump forgotten that it's news organizations who call states for one candidate or the other. 28 states start counting absentee ballots long before Election Day, and will report those results on November 3. On Election Night, Trump will be toast. His entire plan to fix the election for himself makes as much sense as his other ideas-- none!
Trump hedges on transferring power, says election will end up at Supreme Court Sep 23, 2020 10:51PM ET
This is strictly talk. Only eight states don't start counting absentee ballots until the polls close. By November 3, most of the country will have voted against Trump already. There will be no uncertainty on Election Night. Humiliating defeat awaits.
Global shares slide, dollar up as hopes of economic recovery fade Sep 23, 2020 10:45PM ET
A lot of velocity since mid-September. Most of the damage in March was fine in 11 days. People forget about those nights we went limit down.
Gold Plunges Again, Taking Silver With It, As Dollar Blazes Sep 23, 2020 7:03PM ET
This is a corrupt market, no doubt. The country went ever deeper into debt to keep BA and other zombies afloat. In the long run, you can't gaslight the market.
COVID-19 vaccine verdicts loom as next big market risk Sep 22, 2020 3:41AM ET
The market priced in a vaccine in late 2020. They listened to Trump. Without a vaccine, the idea of a robust recovery of some kind has no future. Earnings matter.
GE plans to stop making coal-fired power plants Sep 21, 2020 6:16PM ET
Excellent news
S&P, Nasdaq in Third Weekly Loss as Tech Bulls Bail Sep 18, 2020 8:01PM ET
Today's tech investors forget that when tech stocks fall, they fall a A LOT. Amazon is a great stock, but it will look better under $2000. Tesla was at $374 on March 3, pre-split. Why is it worth four times that today?
Dow Rallies on Positive Vaccine News; Tech Jumps Sep 14, 2020 4:58PM ET
The move upward today is just not enough for bulls to break the downtrend since the recent top. That top did not breach the February top, so you have a clear downtrend since then. Like 1929, there was a six month rally from the first leg down to the top before the huge crash, which continued for three years, until July 1932.
Chart Of The Day: NASDAQ Bulls Still In Control, At Least For The Short-Term Sep 11, 2020 1:52PM ET
This is the denial stage of grief.
We're Seeing A Correction In Ongoing Bull Market Sep 11, 2020 2:54AM ET
Wait until the market gets some real unemployment numbers, not what comes from Trump's Labor Department.
Dow Jones Sep 10, 2020 3:00PM ET
Hope springs eternal. You folks make money for bears.