Why have Republicans stopped bragging about the stock market?
- Thread starter RoryN
- Start date
HisArpy
Loose canon extraordinair
- Joined
- Jul 30, 2016
- Posts
- 43,760
I guess that hot tip on 3M wasn't such a good deal...
BoyNextDoor
I hate liars
- Joined
- Apr 19, 2010
- Posts
- 14,158
Bingo.
schism666
cold and ugly
- Joined
- Feb 9, 2009
- Posts
- 12,552
it's not my fault that you can't keep up with the market.
BotanyBoy
Fuck Your Safe Space
- Joined
- Jun 28, 2012
- Posts
- 52,256
RobDownSouth
BoycotDivestSanctio
- Joined
- Apr 13, 2002
- Posts
- 78,398
Interesting, I found an Investor's Business Daily article from Feb 1, 2020 listing the top 5 "deals" on stocks. Disney was one of them, 5% under expected value! Whatta deal!
Except.....they didn't make their earnings whisper number *kaboom* and then they announced their Asian Disney parks would close for two weeks due to the Trumpvirus, and that'd be a material charge against short term earnings...*double kaboom* can you say 20% market capitalization drop? in 30 days? Ouch.
Except.....they didn't make their earnings whisper number *kaboom* and then they announced their Asian Disney parks would close for two weeks due to the Trumpvirus, and that'd be a material charge against short term earnings...*double kaboom* can you say 20% market capitalization drop? in 30 days? Ouch.
BotanyBoy
Fuck Your Safe Space
- Joined
- Jun 28, 2012
- Posts
- 52,256
Hmmm, I guess the investors did not buy Trump's statement that maybe a "miracle" will suddenly stop the virus.
Somebody on another thread wisely stated that the virus does not care about talking points. I guess the virus must also suffer from TDS?
Stock brokers and most analysts have very little idea about how to react to coronavirus, because nobody is certain about the degree of social disruption it will cause. We see some infection areas of the world significantly reducing public gatherings, while others are choosing commerce-as-normal over tighter control of transmission.
I think we will continue to see some radical ups and downs in the markets until the transmission rate becomes more obvious to the general population. Unlike Ebola, this virus is not a disrupter because of its extremely high mortality rate. This virus is likely to be a disrupter because of its high transmission rate and the impacts on certain vulnerable population groups.
I think we will continue to see some radical ups and downs in the markets until the transmission rate becomes more obvious to the general population. Unlike Ebola, this virus is not a disrupter because of its extremely high mortality rate. This virus is likely to be a disrupter because of its high transmission rate and the impacts on certain vulnerable population groups.
RobDownSouth
BoycotDivestSanctio
- Joined
- Apr 13, 2002
- Posts
- 78,398
Since the Trumpvirus is a virtual death sentence for geriatrics, it might be a good stock play to short Kimberly-Clark (makers of Depends).
icanhelp1
Literotica Guru
- Joined
- Mar 23, 2019
- Posts
- 20,164
Agreed!! Markets are about perceptions, markets will fluctuate on the unknown, especially if the unknown is a threat. The corona-virus fluctuations are synthetic movements and not based on concrete economic metrics or hard earnings forecast. Most analysts will tell their clients to stand pat and not play on emotions.
RobDownSouth
BoycotDivestSanctio
- Joined
- Apr 13, 2002
- Posts
- 78,398
Interesting day on the market. OPEC announced production cuts yesterday to shore up the price of crude oil. Normally, this would raise the price of oil stocks. Instead, the price of oil stocks has remained the same or even lower in some cases.
Market is down at midday on Thursday. Wednesday's small gains have evaporated. The correction continues. Hail Trump.
Market is down at midday on Thursday. Wednesday's small gains have evaporated. The correction continues. Hail Trump.
Pookie
Chop!! Chop!!
- Joined
- Aug 25, 2002
- Posts
- 58,778
Down over 950 at the moment. Could get really ugly this afternoon.
DeluxAuto
AntiSocial Extrovert
- Joined
- Dec 16, 2010
- Posts
- 21,914
RobDownSouth
BoycotDivestSanctio
- Joined
- Apr 13, 2002
- Posts
- 78,398
He's still got quite a ways to go before he catches up with AJ.
AJ, you'll recall, called TEN consecutive stock market turns, reaping insane profits each time. He'd usually tell us about them 2 or 3 weeks afterwards.
TEN straight.
It's all relative. Are you a lender trying to maximize shareholder value, or are you a consumer living paycheck to paycheck? Is your balance sheet interest rate sensitive? Are you asset or liability sensitive? Are you a manufacturer who recently expanded with leverage? Do you hold floating rate or callable assets without an offsetting interest rate swap?
Bottom line is it's not as simple as lower=good, higher=bad or vice versa. It's a tad more complicated than that.
Pookie
Chop!! Chop!!
- Joined
- Aug 25, 2002
- Posts
- 58,778
He can't keep up with the rest of the class.
juttjaw
Don't fence me in
- Joined
- Nov 1, 2011
- Posts
- 4,803
Who the fuck can?
Pookie
Chop!! Chop!!
- Joined
- Aug 25, 2002
- Posts
- 58,778
Cheer on whorebags.....for American's to lose.
Pretty sad, even for a slut-ball like you.
