Why have Republicans stopped bragging about the stock market?
- Thread starter RoryN
- Start date
Thank you. You just pointed out the elephant in the room.
Here we have a huge population literally drop out of air travel, in-person entertainment, in-person dining, tourism, and shopping in brick & mortar stores, but the markets seem mostly oblivious to the cascading effect that this will have on employment, consumption, and social stability.
These folks apparently have no other options for their investments other than playing the stock market, so it is still running to a large degree on the huge supply of investment cash. On the demand side, yes, certain industries are well positioned to take advantage of the demand for essentials, but that only constitutes a portion of the whole picture.
Adre
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Yes, at some point earnings matter. Busybody will get excited each time he makes a few hundred dollars on a particular stock (unless he’s just making it up).
I’ll stay away from this market for quite a while.
Better to Remain Silent and Be Thought a Fool than to Speak and Remove All Doubt
https://media.makeameme.org/created/tis-better-to-5adc75.jpg
HisArpy
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tell us again about the Treasury mkt!
UPDATE PLEASE!
Doncha know, that (POINT) .655 % interest on 30 year notes is a "good return". Well, according to some anyway...
I fucking missed the dam dip yesterday morning. I coulda made a hefty chunk if I hadn't been in the shower at the time. By the time I got finished making myself all squeaky clean for the day, it was too late.
Adre
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Says the guy to whom I had to explain the Total Return Bond Fund because he thought interest was the only consideration when investing in bonds.
)Bill Gross thought otherwise and became a billionaire.) BTW Derpy, Treasuries are merely one class of bond.
RobDownSouth
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Adre
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I thought you were a "buy and hold" guy?
You day-trading now?
He’s dreaming of day trades he wishes he’d made. Then complains about the $13 capital gain he missed.
HisArpy
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I thought you were a "buy and hold" guy?
You day-trading now?
I'm a buy low, sell high kinda guy.
If that means ETF's, then that's what I'm into. If it's stocks, I'm long or short as long as it makes me MUNNAY.
I do have a bias toward the upward trending market but I'm not exclusively bullish.
HisArpy
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He’s dreaming of day trades he wishes he’d made. Then complains about the $13 capital gain he missed.
Better than sitting somewhere picking my tooth like some do...
HisArpy
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Looks like we will get an UPDATE today
Goody!
Maybe. Futures are off but gold and bond yields are down. There have been a lot of target price increases as well as changes in position recommendations and performance upgrades too. Plus, it's earnings season so...
HisArpy
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I still think the energy sector is going to move in large amounts. Not so much now that the governors have hosed everyone with the false start / partial second shutdown crap.
Oil went from <$0 bbl to ~ $40 bbl in 2 months. It'll stabilize somewhere around $50-$60 bbl I think so there's still some room for growth but the partial re-shutdowns are hurting the sector. The whackdoodle moves by governors are allowing values to slowly creep up then plunge without warning and that's scaring off smaller investors who can't afford to watch 20% of their portfolio vanish overnight. They can't afford to sit on their holdings until they rebound because the governors are all over the map with their idiot ideas on what to close and not close (Like the fact that in Ca, winerys in most places are closed except the county where Gov Newsom's winery is located) and the sector could fall to zero again. That means only the big players are investing. That concentrates wealth too much.
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I’m just here to ogle harpy’s av. 
