Author Topic: Stocks  (Read 376173 times)

Offline EliJelly

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Re: Stocks
« Reply #4125 on: April 03, 2020, 12:17:14 PM »
Stimulus talk gains being wiped out today.

Offline Zevwolf

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Re: Stocks
« Reply #4126 on: April 03, 2020, 12:55:31 PM »
Stimulus talk gains being wiped out today.
The Dow is still up more than 2500 points from the low.

Offline EliJelly

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Re: Stocks
« Reply #4127 on: April 03, 2020, 01:00:31 PM »
The Dow is still up more than 2500 points from the low.
Correct, I'm stuck at the travel related stocks, which were massively impacted from the stimulus package last week, and flushed everything down by now.

Offline Lurker

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Re: Stocks
« Reply #4128 on: April 06, 2020, 06:47:57 PM »
I'm confused. The explanation being given for the market rising now is that the confirmed cases and deaths have gone down in certain hotspots, so it's a sign they've got everything under control and we can be optimistic again. First of all, how are the money people coming to that conclusion when the medical and government are saying the worst is yet to come? Second, is there a point where the optimistic fantasies stop? If/when they do, is the crash caused by the subsequent panic mitigated by this recent optimism, or does it cause a greater overreaction?
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Offline EliJelly

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Re: Stocks
« Reply #4129 on: April 06, 2020, 07:05:35 PM »
Was due to talks of reaching the peak.

Offline yos9694

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Re: Stocks
« Reply #4130 on: April 07, 2020, 10:06:18 AM »
I'm confused. The explanation being given for the market rising now is that the confirmed cases and deaths have gone down in certain hotspots, so it's a sign they've got everything under control and we can be optimistic again. First of all, how are the money people coming to that conclusion when the medical and government are saying the worst is yet to come? Second, is there a point where the optimistic fantasies stop? If/when they do, is the crash caused by the subsequent panic mitigated by this recent optimism, or does it cause a greater overreaction?

"The worst" can mean different things. In the market though, the worst usually means when there is the most uncertainty. At this point many people think that the uncertainty is going down and the rest of the pandemic is more predictable. It will end, and things will go back to normal. In other places that it will pop up, it takes about a month to peak and then subside. Especially with NYC now putting this behind them, market optimism is back again (tbh, if Kansas had been the epicenter instead of NYC you can be sure the crash would have been much less dramatic).

That doesn't mean that the worst is over in terms of people getting the virus.

Offline cgr

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Re: Stocks
« Reply #4131 on: April 07, 2020, 02:39:35 PM »
"The worst" can mean different things. In the market though, the worst usually means when there is the most uncertainty. At this point many people think that the uncertainty is going down and the rest of the pandemic is more predictable. It will end, and things will go back to normal. In other places that it will pop up, it takes about a month to peak and then subside. Especially with NYC now putting this behind them, market optimism is back again (tbh, if Kansas had been the epicenter instead of NYC you can be sure the crash would have been much less dramatic).

That doesn't mean that the worst is over in terms of people getting the virus.

https://www.marketwatch.com/story/investors-should-prepare-for-a-coronavirus-induced-vicious-spiral-more-than-twice-as-bad-as-the-financial-crisis-says-jp-morgan-2020-04-06

I'm with this guy... been saying it since the market started rising. Glad to see someone with more stature agrees.

Offline CountValentine

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Re: Stocks
« Reply #4132 on: April 07, 2020, 04:54:41 PM »
I'm with this guy... been saying it since the market started rising. Glad to see someone with more stature agrees.
There are many out there that believe we have not seen the worse.
You're so far up Trump's a** you can see Giuliani's feet.  HT Baruch

Offline Zevwolf

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Re: Stocks
« Reply #4133 on: April 13, 2020, 12:44:02 PM »
There are many out there that believe we have not seen the worse.
Do you still believe the worse is still to come?

Offline CountValentine

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Re: Stocks
« Reply #4134 on: April 13, 2020, 01:16:14 PM »
Do you still believe the worse is still to come?
Yes. The question is will we fall into a depression?
You're so far up Trump's a** you can see Giuliani's feet.  HT Baruch

Offline Zevwolf

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Re: Stocks
« Reply #4135 on: April 13, 2020, 01:21:41 PM »
Yes. The question is will we fall into a depression?
What is the definition of a depression?
And why do you think that it will get worse if we reached the peak?

Offline AsherO

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Re: Stocks
« Reply #4136 on: April 13, 2020, 01:28:36 PM »
What is the definition of a depression?
And why do you think that it will get worse if we reached the peak?

1. Peak doesn’t mean it will drop off quickly, it can level and stay level for a while
2. Peak in current areas doesn’t mean national peak for places who’s spread hasn’t peaked yet.
3. Peak doesn’t mean no rebound, like what’s been reported in East Asia (ignore China, they’re liars anyway) in mid-late March
4. Peak infection/spread says nothing if it’s a result of economic shutdown that cannot yet be lifted without risking another (higher?) peak.
5. Long term effects on the economy, employment numbers, etc. are still TBD. Those will be affected for sure in the medium-term, the question is to what extent. Doomsayers are saying the government’s 2.2 trillion CARES Act/stimulus was too little, too late, not tricking down efficiently, and not going to make much of a difference.
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Offline CountValentine

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Re: Stocks
« Reply #4137 on: April 13, 2020, 01:30:12 PM »
What is the definition of a depression?
A long and severe recession.
And why do you think that it will get worse if we reached the peak?
IMHO things like unemployment and bankruptcies will take some time to rebound.
Sure hope I am wrong.
You're so far up Trump's a** you can see Giuliani's feet.  HT Baruch

Offline EliJelly

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Re: Stocks
« Reply #4138 on: April 13, 2020, 03:05:03 PM »
Can someone explain me why Amazon and Walmart are at a record high? During this crisis?? I understand they make good business these days by selling essentials, but how much more are they losing by not selling non essentials? When people are staying home people spend less on other things, couple that with a tanking economy when people have less money to spend. When is their quarter numbers being released?

Offline Joel2

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Re: Stocks
« Reply #4139 on: April 13, 2020, 03:07:03 PM »
Can someone explain me why Amazon and Walmart are at a record high? During this crisis?? I understand they make good business these days by selling essentials, but how much more are they losing by not selling non essentials? When people are staying home people spend less on other things, couple that with a tanking economy when people have less money to spend. When is their quarter numbers being released?
More people are buying from online retailers Amazon being the largest.