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Markets up! DOW up 1500 SPY up almost 4% on COVID Vaccine News
Posted on 11/9/20 at 6:25 am
Posted on 11/9/20 at 6:25 am
Chevron and Exxon up 6%-7%
CNBC
CNBC
quote:
Stocks received a further boost during late morning trading in Europe, as U.S pharmaceutical giant Pfizer and German biotech firm BioNTech said their coronavirus vaccine was more than 90% effective in preventing Covid-19 among those without evidence of prior infection
Posted on 11/9/20 at 6:28 am to CajunTiger92
I thought my Robinhood account was glitching when I first woke up it was up so much. 

This post was edited on 11/9/20 at 6:29 am
Posted on 11/9/20 at 6:36 am to Bawcephus
Same here. Because QQQ isn't up as much, thought something was wrong with the SPY premarket price. 

Posted on 11/9/20 at 6:41 am to CajunTiger92
Did tech take a giant shite in the last 30 minutes due to the vaccine news?
Posted on 11/9/20 at 6:46 am to Drew Orleans
Vaccine doesn’t help tech, helps everything else.
Tech thrived during pandemic.
Tech thrived during pandemic.
Posted on 11/9/20 at 6:47 am to 632627
45 minutes ago I was going to make about 15k today. Now I'll be taking a bath. 

Posted on 11/9/20 at 6:58 am to Drew Orleans
quote:
Did tech take a giant shite in the last 30 minutes due to the vaccine news?
Sector rotation out of COVID winners into the COVID losers. oil and gas and banks are up big, tech down. JPM is up 8%.
Posted on 11/9/20 at 7:00 am to CajunTiger92
Travel/hospitality up huge
Posted on 11/9/20 at 7:01 am to CajunTiger92
Interested to see where the NASDAQ ends up today. It should end down as vaccine should lead to return to work and return to in person services/entertainment = less tech intervention.
Posted on 11/9/20 at 7:06 am to gatorsimz
this is good for the overall market and also, good for investors heavy in tech. Very healthy and should help smooth out some of the wild swings
a rising tide lifts all boats
a rising tide lifts all boats
Posted on 11/9/20 at 7:20 am to cgrand
Market will be fine is Senate is help by repubs. Do Nothings years!
Posted on 11/9/20 at 7:21 am to cgrand
Yeah, it’s a bloodbath for me today so far.
Posted on 11/9/20 at 7:30 am to cgrand
I hope you're right. SHOP's nosedive hurt me deep.
Posted on 11/9/20 at 7:51 am to CajunTiger92
My Bud and DIS stock looking good! thats about it 

This post was edited on 11/9/20 at 7:52 am
Posted on 11/9/20 at 7:53 am to CajunTiger92
Disney going to the moon baws 

Posted on 11/9/20 at 8:03 am to tigersfan1989
guess we find out who is diversified in portfolios today
im about 60/40 tech.

Posted on 11/9/20 at 3:42 pm to gatorsimz
NASDAQ closes down 1.53%. I imagine we'll see the Tech sell off continue tomorrow.
Posted on 11/9/20 at 3:47 pm to FLObserver
quote:
guess we find out who is diversified in portfolios today im about 60/40 tech.
about half my portfolio is in total market funds (solid day) about 40% is in big tech and growth funds (hammered today)
But I have a shitload of VLO which mooned over 31% so I have no complaints
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