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Started By
Message
Futures up 300+, DOW will hit 28k today
Posted on 8/11/20 at 7:47 am
Posted on 8/11/20 at 7:47 am
Sky screamers unite.
13
Posted on 8/11/20 at 7:48 am to anc
They will scream very loudly today considering futures are up due to news out of Russia.
Posted on 8/11/20 at 8:48 am to anc
MELT MOB
[ASSEMBLE] - DISPERSE
[ASSEMBLE] - DISPERSE
Posted on 8/11/20 at 8:55 am to anc
Holy hell, my stock is at the highest it's ever been in history - in the middle of a damn pandemic. I have to 
just a little.
just a little.
Posted on 8/11/20 at 9:12 am to Homesick Tiger
I’m still down about 200K. You have a better portfolio. But I am retired.
Posted on 8/11/20 at 9:14 am to anc
quote:
DOW will hit 28k today
Dow is racist.
Posted on 8/11/20 at 9:15 am to anc
Murder hornets on the way!!!!
Posted on 8/11/20 at 9:39 am to anc
28,125 at 9:40 CST :thumbsup:
Posted on 8/11/20 at 9:42 am to anc
CNBC is panicked this morning.
It’s a full blown Biden dick sucking.
It’s a full blown Biden dick sucking.
Posted on 8/11/20 at 9:47 am to Homesick Tiger
My portfolio is mostly indexed and running on nothing. Up 4 or 5% in 2 weeks.
Posted on 8/11/20 at 9:54 am to Homesick Tiger
If this pandemic is not waning though by mid Sept.move to cash . While I like the returns now, I would not trust them long term. The market is somewhat decoupled from the economy right now and the futures market is searching for any good news but if Fall hits with no major movement politically and societally on Covid, you should be prepared for an "adjustment". September is always problematic. It's the end of Q3 and an election year. Harvests start end of August and last week of September is when the accounting really starts to take shape.
Big busts in the market historically take place in September. 1929....1987...
2008. Big wars in the last century tend to also get rolling in late summer early Fall.
Big busts in the market historically take place in September. 1929....1987...
2008. Big wars in the last century tend to also get rolling in late summer early Fall.
Posted on 8/11/20 at 9:55 am to anc
Dow is rapidly approaching it’s all time high point. 
This post was edited on 8/11/20 at 9:56 am
Posted on 8/11/20 at 9:58 am to anc
When Democrats stop advocating the active destruction of our economy the full might and power of the US economy will be unleashed.
Donald John Trump will have TWICE built the most robust economy in human history.
Not once, but TWICE.
Donald John Trump will have TWICE built the most robust economy in human history.
Not once, but TWICE.
Posted on 8/11/20 at 10:06 am to bamarep
Poor Chuck and Nancy. Market is turning its back on their master plan.
Posted on 8/11/20 at 10:07 am to anc
Im not sure what is driving this from a fundamentals view. We are still not through COVID yet.
Posted on 8/11/20 at 10:19 am to TrueTiger
quote:
Im not sure what is driving this from a fundamentals view. We are still not through COVID yet.
There's no where else to put money right now. Loan demand for new business and expansion is down. Fed has the interest rate on the floor. If you want a return on your money the market is basically the only choice. This is the same reason the market would dip as the Fed was raising rates last year, as the rate goes up other investments become more attractive and money flows out of the market.
Posted on 8/11/20 at 10:23 am to anc
This is really good for investments and 401k... but to be honest, real life is not emulating Wall Street. My work which is building construction within the energy sector is dead as a door nail.
Posted on 8/11/20 at 10:25 am to TrueTiger
quote:
We are still not through COVID yet.
Meh. We're mostly through. Expect steep declines in cases, positivity and mortality through the rest of August.
Posted on 8/11/20 at 11:09 am to back9Tiger
When you have the Fed essentially buying up most of the debt and pushing what amounts to zero interest rates. You are getting a lot of institutional trading fluffing up the markets. There really is no economic expansion going and regular people are not buying. Investment guys locally are twiddling their thumbs right now. I'm a perma bear after 2008. When money markets break the buck it changes your perspective.
Posted on 8/11/20 at 11:11 am to KiwiHead
I'm old enough to remember all of the news stories about how "all the gains in the stock market have been wiped out under Trump"
Good times.
Good times.
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