DOW at 24,600--what the fuck is going on? | |
MissCleo
User ID: 77082640 United States 04/29/2020 02:11 PM Report Abusive Post Report Copyright Violation | Dow stopped reflecting jobs to its rise years ag Think about it. Dow and all the others markets reflect only how big businesses will / are doing With the current scam we are seeing all small / medium businesses get put out leaving nothing but big retail / food / etc If the little town has a McDonald’s and a Taco Bell competing with mom and pop restaurants what happens when the economy crashes? I know The McDonald’s and Taco Bell’s will weather the storm with the billions they have and wait out until there is nothing left of mom and pop shops. Amazon booming Walmart booming Costco booming Little stores not so much Dow is a total disconnect from reality Excellent comment!!!! The big companies reflect The System. The Mom and Pops reflect US. Our family try to support the Mom and Pops - we have NOT been going to the chains during this SCAM, but the small companies have such low margins, it may not be enough to keep them going. Yes One poster above said mom and pop businesses will comeback True But it will take many years That is if the sheeple don’t stray from corporate I don’t have much faith But it won't be mom and pop anymore. Next generation Millennials will be running the small businesses and wow are they amazing. They have new ideas and are way more efficient and practical then the old days. They know the customer base and they can change direction in an instant. The thing about the old mom and pop was that they depended on Tradition. On a certain way of life that would NEVER change. Well the world changed. The mom and pops are obsolete for all practicality. Many millennials have home businesses already, Etsy, ebay, all from basements and garages. They sell everything from wheat sprouts and fresh produce to gadgets for everyday use. Some amazing stuff. Local Delivery Service will also be booming. I'm optimistic. |
Xeven
User ID: 75948321 United States 04/29/2020 02:11 PM Report Abusive Post Report Copyright Violation | Trump is going on Bro. I reserve the right to declare my comments and posts as satire. Nothing I post should be considered or interpreted as advocacy for illegal activity. My comments are designed to inspire critical political thinking. I only mean half of what I say and only say half of what I mean. |
Xeven
User ID: 75948321 United States 04/29/2020 02:15 PM Report Abusive Post Report Copyright Violation | World cases of Covid-19 3,157.495 Quoting: Anonymous Coward 78850137 USA CASES 1,023.459 Both going up every day usa only up 12k today but times that by 3 each person infected before going on the list that is 36k times 3 you get the picture its not going go away keep family and friends safe luv u all US is actually testing. Best to get herd immunity going before there is no country to recover. I reserve the right to declare my comments and posts as satire. Nothing I post should be considered or interpreted as advocacy for illegal activity. My comments are designed to inspire critical political thinking. I only mean half of what I say and only say half of what I mean. |
Anonymous Coward User ID: 78689367 United States 04/29/2020 02:16 PM Report Abusive Post Report Copyright Violation | But but.... i Thought pappy Trump wus gonna end dat dere FED like Q massa said. Quoting: Anonymous Coward 76926771 Hurrr Durrr Cringe Trumbo is massa of the swamp people. THAT IS the sad truth that blind trumpsters fail to accept. Hound dogs are singin.. |
Anonymous Coward User ID: 77326810 United States 04/29/2020 02:16 PM Report Abusive Post Report Copyright Violation | |
Ravens 3
User ID: 72852053 United States 04/29/2020 02:18 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 78689367 United States 04/29/2020 02:18 PM Report Abusive Post Report Copyright Violation | |
Don Draper from Nantucket
User ID: 57553864 United States 04/29/2020 02:25 PM Report Abusive Post Report Copyright Violation | The stock market is a racket. They control it fully. They’re trying to suck people back into or creating false confidence in the worried folks who are invested in it then out of nowhere they’re going to liquidate it and leave the sheeple high and dry. Quoting: Anonymous Coward 78783713 The fact that it’s been going up and up despite the lockdown should make (smart) people realize it’s a game and has no basis in reality. We are all phucked. Finally somone nails it! PLATA BITCHEZZZZZZ UPGRADE UNAVAILABLE The Rolling Stones said it best... "What's confusing you is the nature of my game" |
Anonymous Coward User ID: 72638316 United States 04/29/2020 02:27 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 75993659 Canada 04/29/2020 02:29 PM Report Abusive Post Report Copyright Violation | Seasonal flu hyped up as a pandemic virus, patients with respiratory symptoms pushed to death by unrequired ventilation and administration of high dose antibiotics all in the name of economic war being played out between major world markets while attempting to gain total control over the worlds food supply. |
Don Draper from Nantucket
User ID: 57553864 United States 04/29/2020 02:30 PM Report Abusive Post Report Copyright Violation | Stocks, Dollar, & Bonds Drop After Fed Statement [link to www.zerohedge.com (secure)] PLATA BITCHEZZZZZZ UPGRADE UNAVAILABLE The Rolling Stones said it best... "What's confusing you is the nature of my game" |
Anonymous Coward User ID: 61724142 United States 04/29/2020 02:30 PM Report Abusive Post Report Copyright Violation | |
MlCHAEL
User ID: 75756457 Canada 04/29/2020 02:31 PM Report Abusive Post Report Copyright Violation | Lies are temporary in relation to Truth. The numbers and the colors are constantly changing. Those are lies which constantly change and Truth which does not is the supply of power to the demand for power by lies you believe are Truth. The selling that rammed the DOW down to the game over point was massive. The closer to game over the more power you require to reach game over. Then after all the gains in three years were wiped out. The selling pressure was at maximum potential. On March 23rd. Two months from the Wuhan lock down. Then the buying pressure at that level was enough to cause all the leveraged sellers to begin turning into leveraged buyers. The crude or simplistic description. When you short a stock. You sell more stock than you own. Like lets say you have 10,000 shares of a stock. You use that as collateral backing your loan of stock you do not own. Lets say you own 10,000 shares. I use my 10,000 shares as collateral backing my loan request. Of your shares. I Sell 20,000 shares. As the shares drop in value I earn the difference. Lets say I have 10,000 shares at 1.00 But then Sell 20,000 Short at 1.00 and they collapse down to 0.50 due to selling pressure. That is 20,000 Dollars I then cover or buy back 20,000 shares at 0.50 10,000 Dollars profit. Then buy 20,000 shares for a total of 30,000 and borrow another 30,000 for 60,000 total and sell 60,000 and the price drops to 0.24 But then buying pressure forces the price back up to 0.51 It causes the trade to have to cover and buy 60,000 there and this leads to higher prices and more short covering or more and more buying pressure. What was being imploded down to maximum potential is then forced to explode back up towards maximum potential. That is basically what has been happening since 3/23/2020 Technically selling pressure will take over from buying pressure and it will collapse back down to the last point and continue past there and then expand back up again. The path to getting back to normal where everyone basically feels back to normal is going to be far different than any of you can imagine. Wuhan was locked down 1/23 New Years ended on 2/8 The Dow peaked on 2/12 then traded sideways until 2/19 where it almost peaked again then down from there to 3/23 Then up from there to here so far. MlCHAEL |
Anonymous Coward User ID: 78689367 United States 04/29/2020 02:33 PM Report Abusive Post Report Copyright Violation | |
Fingulas
User ID: 77491745 United States 04/29/2020 02:40 PM Report Abusive Post Report Copyright Violation | Oddly enough I'm making more money that I ever have. The quarantine has had very little effect on my company. We're actually getting TONS of investment inquiries and looking to double or even triple our client base before end of year. Some segments of the economy are actually doing very well. You just don't hear about it because good news doesn't sell. Yeah, it sucks if your business requires large numbers of people to gather in a single place (Disney is TOAST). But if your business is distributed and can work in groups of 1-5, then the future is yours. Plan accordingly. Lots of stuff is going decentralized. Death to the old dinosaur (work in big buildings) model! Death to the Globalization business models where we outsourced slave labor to save a penny. Even factories, like meat processing, will down size and become more localized and less international. |
Anonymous Coward User ID: 77045318 United States 04/29/2020 02:42 PM Report Abusive Post Report Copyright Violation | We quickly learned it was wildly exaggerated, and people have been buying back in aggressively. People saying it's "funny money" have nothing in it. It's not funny to me if I cash out and retire tomorrow--it is, in fact, very real money. Pay no heed to doom prognostications or financial advice on here--that much I can say with 100% certainty. |
~Jazz~
Forum Administrator 04/29/2020 02:47 PM Report Abusive Post Report Copyright Violation | Who knew oil could drop 50%, you could close 90% of the economy, let tax revenue fall through the floor and give out free money...yet the Dow is up...we obviously don't need a functioning economy any more... maybe we could all pack in work... Quoting: Anonymous Coward 78004949 To know where your heart is, look where your mind goes when it wanders. A rock in bad hands killed Abel. A rock in good hands killed Goliath. It isn't about the rock. A true warrior fights not because he hates the one in front of him, but because he loves those behind him. INTP-A |
solarbliss
User ID: 76560363 United States 04/29/2020 02:50 PM Report Abusive Post Report Copyright Violation | Trump won't lose but if they go to paper ballots and the 17 MILLION that have gone missing accidentally show up for biden, expect the dow to go to 3K and our country to start hailing chairman xi. Expect the country to burn. We know what's going on. There are so many of us waiting in the wings as Independent still defending the US and Trump. We won't back down to you few Communist pigs and no Biden will be President. Liberalism is so far past being a serious mental illness it's not even funny. You people still going after our President are demons. Everyone can see this. You are mentally I'll and the whole world isn't listening to you anymore |
Anonymous Coward User ID: 78045837 United States 04/29/2020 02:50 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 78857369 United States 04/29/2020 02:52 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 75583697 United States 04/29/2020 02:52 PM Report Abusive Post Report Copyright Violation | The market price is what the market will be in X months. So the market fell at the start of the pandemic looking a few months ahead and a slowing of the world economy. Today, a few months later, looking a few months ahead, it sees growth and prices reflect that. If tomorrow some new developments indicate negtative effects, then the market will drop. You dont need Rod Serling. The less people know the more they are confused, be more informed. Take a class, read a few books. |
Anonymous Coward User ID: 77743360 Sweden 04/29/2020 02:53 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 78303839 United States 04/29/2020 02:53 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77847424 Canada 04/29/2020 02:55 PM Report Abusive Post Report Copyright Violation | The stock market is a racket. They control it fully. They’re trying to suck people back into or creating false confidence in the worried folks who are invested in it then out of nowhere they’re going to liquidate it and leave the sheeple high and dry. Quoting: Anonymous Coward 78783713 The fact that it’s been going up and up despite the lockdown should make (smart) people realize it’s a game and has no basis in reality. We are all phucked. Finally somone nails it! Exactly, it's probably going to go back down like an elevator. |
Anonymous Coward User ID: 78857369 United States 04/29/2020 02:56 PM Report Abusive Post Report Copyright Violation | Oddly enough I'm making more money that I ever have. The quarantine has had very little effect on my company. We're actually getting TONS of investment inquiries and looking to double or even triple our client base before end of year. Quoting: Fingulas Some segments of the economy are actually doing very well. You just don't hear about it because good news doesn't sell. Yeah, it sucks if your business requires large numbers of people to gather in a single place (Disney is TOAST). But if your business is distributed and can work in groups of 1-5, then the future is yours. Plan accordingly. Lots of stuff is going decentralized. Death to the old dinosaur (work in big buildings) model! Death to the Globalization business models where we outsourced slave labor to save a penny. Even factories, like meat processing, will down size and become more localized and less international. Lol decentralization on a central banking monetary system sure thing pal |
Anonymous Coward User ID: 62916506 United States 04/29/2020 02:56 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 78856664 Chile 04/29/2020 02:57 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 76944367 United States 04/29/2020 02:57 PM Report Abusive Post Report Copyright Violation | The market price is what the market will be in X months. So the market fell at the start of the pandemic looking a few months ahead and a slowing of the world economy. Today, a few months later, looking a few months ahead, it sees growth and prices reflect that. If tomorrow some new developments indicate negtative effects, then the market will drop. You dont need Rod Serling. The less people know the more they are confused, be more informed. Take a class, read a few books. The first sane person. Good job. The DOW is available to anyone. Instead of cheering up and downs, how about taking a ride? Money can be made up and down. The main asset you need isn’t cash. It’s time. |
Anonymous Coward User ID: 75079885 United States 04/29/2020 02:58 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 78136078 United States 04/29/2020 03:09 PM Report Abusive Post Report Copyright Violation | The Fed is buying all the stock. And there are not too many places to stash money since commodities are dropping and we have 0% interest rates. So its going to the market. Quoting: Anonymous Coward 78004548 The fed is NOT buying up the stock. Maybe you had a memory relapse, that’s Obama’s game! stack raving weirdo |