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Why is the DOW up 500 points?

Posted on 4/2/20 at 9:38 am
Posted by PEPE
Member since Jun 2018
8198 posts
Posted on 4/2/20 at 9:38 am
At this point I'm convinced the entire stock market is nothing but coordinated insider trading and manipulation.

Posted by fjlee90
Baton Rouge
Member since Nov 2016
7829 posts
Posted on 4/2/20 at 9:39 am to
Oil is up 9%
Posted by catfish 62
Atlanta
Member since Mar 2010
4906 posts
Posted on 4/2/20 at 9:39 am to
bc joe biden touches himself at night
Posted by Lakeboy7
New Orleans
Member since Jul 2011
23965 posts
Posted on 4/2/20 at 9:39 am to
(no message)
This post was edited on 2/2/21 at 11:54 am
Posted by geauxtigers87
Louisiana
Member since Mar 2011
25178 posts
Posted on 4/2/20 at 9:39 am to
the whole thing is a charade
Posted by Covingtontiger77
Member since Dec 2015
10145 posts
Posted on 4/2/20 at 9:39 am to
AGREE


IT’s a Ponzi scheme.

Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
72912 posts
Posted on 4/2/20 at 9:39 am to
Because they know this is all mierda and we gonna be up and raging in 30days

Posted by blueboy
Member since Apr 2006
56189 posts
Posted on 4/2/20 at 9:40 am to
And front running, i.e. using the media to cause movement in specific stocks.

Not nothing but, but it's close.
Posted by The Boat
Member since Oct 2008
163989 posts
Posted on 4/2/20 at 9:40 am to
Because it went down a lot yesterday and the panic is already baked in with the crash to 18,000. There's not much more bad news that can rock the market besides a nationwide quarantine until July 1 or something.
Posted by teke184
Zachary, LA
Member since Jan 2007
94645 posts
Posted on 4/2/20 at 9:40 am to
Now I have the thought of Joe Biden doing karaoke to I Touch Myself in my head.

I’m sharing this thought as revenge.
Posted by RidiculousHype
St. George, LA
Member since Sep 2007
10178 posts
Posted on 4/2/20 at 9:40 am to
We had 6.6m new jobless claims. The smartest of the smartest were expecting 8m+.

Either that, or 6.6m was so high that Wall St knows another big stimulus is coming
Posted by Chad504boy
4 posts
Member since Feb 2005
166028 posts
Posted on 4/2/20 at 9:40 am to
Posted by udtiger
Over your left shoulder
Member since Nov 2006
98282 posts
Posted on 4/2/20 at 9:40 am to
B/C Russia and Saudi appear to be about to cut production significantly.
Posted by EarlyCuyler3
Appalachia
Member since Nov 2017
27290 posts
Posted on 4/2/20 at 9:41 am to
Because Donald bailed them out.
Posted by OleVaught14
Member since Jun 2019
6861 posts
Posted on 4/2/20 at 9:41 am to
Because everyone knew the jobless numbers would be bad and sold yesterday. Typically the market already has bad news priced in before the bad news actually hits
Posted by Homesick Tiger
Greenbrier, AR
Member since Nov 2006
54201 posts
Posted on 4/2/20 at 9:41 am to
quote:

Oil is up 9%



What caused it to go up?
Posted by Lakeboy7
New Orleans
Member since Jul 2011
23965 posts
Posted on 4/2/20 at 9:43 am to
(no message)
This post was edited on 2/2/21 at 11:53 am
Posted by Cajunese
Louisiana
Member since Jun 2005
6958 posts
Posted on 4/2/20 at 9:43 am to
The Russians and Saudis agreed to cut oil production.

This is good news!
Posted by loogaroo
Welsh
Member since Dec 2005
30189 posts
Posted on 4/2/20 at 9:43 am to
quote:

B/C Russia and Saudi appear to be about to cut production significantly.


Really? I hope so!
Posted by JakeRStephenes
Member since Feb 2012
2572 posts
Posted on 4/2/20 at 9:44 am to
DJT spoke to MBS, who said he will cut oil production by 10 MMBOPED.
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