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STOCK MKT UP ~1600 PTS #6832399
04/06/20 03:57 PM
04/06/20 03:57 PM
Joined: Jan 2013
Posts: 3,112
7mtns of CENTRAL PA
GROUSEWIT Offline OP
trapper
GROUSEWIT  Offline OP
trapper

Joined: Jan 2013
Posts: 3,112
7mtns of CENTRAL PA
Must b some good news today??

Last edited by GROUSEWIT; 04/06/20 04:01 PM.

NRALIFER,PRPA LIFER,HUNTER,FURTAKER
Re: STOCK MKT UP ~1600 PTS [Re: GROUSEWIT] #6832426
04/06/20 04:37 PM
04/06/20 04:37 PM
Joined: Jan 2012
Posts: 328
Northern mn
A
Andy27 Offline
trapper
Andy27  Offline
trapper
A

Joined: Jan 2012
Posts: 328
Northern mn
Good to hear.

Re: STOCK MKT UP ~1600 PTS [Re: GROUSEWIT] #6832428
04/06/20 04:39 PM
04/06/20 04:39 PM
Joined: Dec 2006
Posts: 21,716
Sandhills Nebraska
G
Gary Benson Offline
trapper
Gary Benson  Offline
trapper
G

Joined: Dec 2006
Posts: 21,716
Sandhills Nebraska
Either the Fed dumped more $$$ in or the big boys found out something we haven't heard yet.


Life ain't supposed to be easy.
Re: STOCK MKT UP ~1600 PTS [Re: GROUSEWIT] #6832431
04/06/20 04:41 PM
04/06/20 04:41 PM
Joined: May 2009
Posts: 15,687
Champaign County, Ohio.
K
KeithC Offline
trapper
KeithC  Offline
trapper
K

Joined: May 2009
Posts: 15,687
Champaign County, Ohio.
I wonder if it's because it looks like Ivermectin and the malarial drug may be very effective treatments for Covid-19?

Keith

Re: STOCK MKT UP ~1600 PTS [Re: GROUSEWIT] #6832448
04/06/20 05:09 PM
04/06/20 05:09 PM
Joined: May 2010
Posts: 28,978
potter co. p.a.
P
pcr2 Offline
"Twerker"
pcr2  Offline
"Twerker"
P

Joined: May 2010
Posts: 28,978
potter co. p.a.
just the rich getting richer at the expense of the tax payer.









Re: STOCK MKT UP ~1600 PTS [Re: GROUSEWIT] #6832465
04/06/20 05:25 PM
04/06/20 05:25 PM
Joined: May 2009
Posts: 15,687
Champaign County, Ohio.
K
KeithC Offline
trapper
KeithC  Offline
trapper
K

Joined: May 2009
Posts: 15,687
Champaign County, Ohio.
Originally Posted by pcr2
just the rich getting richer at the expense of the tax payer.


Poor people don't even pay a single penny in Federal income tax in the US. 44% of adults in the US pay no Federal income tax. The rich and moderately rich shoulder the whole Federal tax burden for the whole country.

Keith

Re: STOCK MKT UP ~1600 PTS [Re: GROUSEWIT] #6832467
04/06/20 05:27 PM
04/06/20 05:27 PM
Joined: Mar 2010
Posts: 3,041
wyoming southeast
D
danvee Offline
trapper
danvee  Offline
trapper
D

Joined: Mar 2010
Posts: 3,041
wyoming southeast
Isolation and separation is starting to work but a temporary bounce in my opinion earnings are going down the tube agricultural prices are down worst yet to come.

Re: STOCK MKT UP ~1600 PTS [Re: GROUSEWIT] #6832472
04/06/20 05:30 PM
04/06/20 05:30 PM
Joined: Dec 2006
Posts: 7,181
Three Lakes,WI 72
C
corky Offline
trapper
corky  Offline
trapper
C

Joined: Dec 2006
Posts: 7,181
Three Lakes,WI 72
Could be that we are seeing some better news on the virus both with slowing the spread and possible ways to treat it. Many think the Market bottom has been reached and they don't want to miss out on a once in a decade buying opportunity. If it sustains there will be a lot of short covering.

Re: STOCK MKT UP ~1600 PTS [Re: GROUSEWIT] #6832479
04/06/20 05:44 PM
04/06/20 05:44 PM
Joined: Oct 2008
Posts: 538
s.e. mn
T
timbremn Offline
trapper
timbremn  Offline
trapper
T

Joined: Oct 2008
Posts: 538
s.e. mn
Retracement rally..not unexpected.

Re: STOCK MKT UP ~1600 PTS [Re: timbremn] #6833446
04/07/20 02:09 PM
04/07/20 02:09 PM
Joined: Dec 2006
Posts: 11,365
East-Central Wisconsin
B
bblwi Offline
trapper
bblwi  Offline
trapper
B

Joined: Dec 2006
Posts: 11,365
East-Central Wisconsin
Going up about 2% again today. As an investor that is a good thing for me. What it does say also is there is a huge disconnect between the stock market and the general workings of the economy at the ground level. We will soon hit 15 million plus out of work and our markets rise? Not unlike 2006-09 when the major corporations created huge cash reserves in the trillions. Now they can wait for the 500 billion to be distributed by the US treasury department. Not a bad deal really. The can create leverage in the market and receive cash as well.

Bryce

Re: STOCK MKT UP ~1600 PTS [Re: bblwi] #6833448
04/07/20 02:16 PM
04/07/20 02:16 PM
Joined: Apr 2008
Posts: 3,177
Albany, NY
B
bobsheedy Offline
trapper
bobsheedy  Offline
trapper
B

Joined: Apr 2008
Posts: 3,177
Albany, NY
Originally Posted by bblwi
What it does say also is there is a HUGE disconnect between the stock market and the general workings of the economy at the ground level. We will soon hit 15 million plus out of work and our markets rise? Bryce


2X Completely disconnected.

Re: STOCK MKT UP ~1600 PTS [Re: GROUSEWIT] #6833453
04/07/20 02:21 PM
04/07/20 02:21 PM
Joined: Dec 2006
Posts: 7,181
Three Lakes,WI 72
C
corky Offline
trapper
corky  Offline
trapper
C

Joined: Dec 2006
Posts: 7,181
Three Lakes,WI 72
The Market is always a leading indicator. It is showing confidence in the future. I hope it is justified.

Re: STOCK MKT UP ~1600 PTS [Re: corky] #6833484
04/07/20 03:05 PM
04/07/20 03:05 PM
Joined: Mar 2007
Posts: 35,176
McGrath, AK
W
white17 Offline

"General (Mr.Sunshine) Washington"
white17  Offline

"General (Mr.Sunshine) Washington"
W

Joined: Mar 2007
Posts: 35,176
McGrath, AK
Originally Posted by corky
The Market is always a leading indicator. It is showing confidence in the future. I hope it is justified.



I don't see how it can be justified. Once the earnings for the current quarter come in I think we may see another leg back down. There's no way earnings can be "good" with the economy at nearly full stop....IMO


Mean As Nails
Re: STOCK MKT UP ~1600 PTS [Re: GROUSEWIT] #6833535
04/07/20 04:04 PM
04/07/20 04:04 PM
Joined: Aug 2018
Posts: 218
South Dakota
M
M.S. Pickins Offline
trapper
M.S. Pickins  Offline
trapper
M

Joined: Aug 2018
Posts: 218
South Dakota
The markets are completely superficial and manipulated by the big corporations. The pandemic was great opportunity for them to cash out of our record high market, now they are buying back at the bottom. Naturally people will start buying in hoping that the market will be back up by next fall and the companies got you by the balls again. The big dogs know what the market will do two weeks in advance while us peons are at their mercy.

Re: STOCK MKT UP ~1600 PTS [Re: GROUSEWIT] #6833537
04/07/20 04:06 PM
04/07/20 04:06 PM
Joined: Mar 2007
Posts: 35,176
McGrath, AK
W
white17 Offline

"General (Mr.Sunshine) Washington"
white17  Offline

"General (Mr.Sunshine) Washington"
W

Joined: Mar 2007
Posts: 35,176
McGrath, AK
Riiiiiiiiiiiiiiight !


Mean As Nails
Re: STOCK MKT UP ~1600 PTS [Re: white17] #6833544
04/07/20 04:17 PM
04/07/20 04:17 PM
Joined: Sep 2011
Posts: 2,593
sometimes PA sometimes ME
E
ebsurveyor Offline
trapper
ebsurveyor  Offline
trapper
E

Joined: Sep 2011
Posts: 2,593
sometimes PA sometimes ME
Originally Posted by white17
Riiiiiiiiiiiiiiight !



Yep, I bought to early today.

Re: STOCK MKT UP ~1600 PTS [Re: GROUSEWIT] #6833548
04/07/20 04:22 PM
04/07/20 04:22 PM
Joined: Mar 2019
Posts: 1,497
Southern NJ
maintenanceguy Offline
trapper
maintenanceguy  Offline
trapper

Joined: Mar 2019
Posts: 1,497
Southern NJ
The markets are unpredictable in the short term. Over a 5, 10, or 20 year period, they are stable. I bought some stocks with some play money when things dropped a month ago but most of my money is staying in index and blue chip funds. I'll ride the highs and lows and double my money every 7 or 8 years.


-Ryan
Re: STOCK MKT UP ~1600 PTS [Re: GROUSEWIT] #6833602
04/07/20 05:41 PM
04/07/20 05:41 PM
Joined: May 2012
Posts: 5,898
michigan,USA
S
seniortrap Offline
trapper
seniortrap  Offline
trapper
S

Joined: May 2012
Posts: 5,898
michigan,USA
More Liberals controlling peoples money and their retirements.


Vietnam--1967 46th. Const./Combat Engineers

"Chaotic action is preferable to orderly inaction."
"After the first shot, all plans go out the window!"
Re: STOCK MKT UP ~1600 PTS [Re: GROUSEWIT] #6833637
04/07/20 06:44 PM
04/07/20 06:44 PM
Joined: May 2016
Posts: 3,530
Southern Illinois
F
Foxpaw Offline
trapper
Foxpaw  Offline
trapper
F

Joined: May 2016
Posts: 3,530
Southern Illinois
Well I am not the news kinda guy, but I heard 200 police officers got over it and went back to work. There will be lots of others in all types of jobs getting well and going back to work, including Drs and nurses. Good news !

Re: STOCK MKT UP ~1600 PTS [Re: GROUSEWIT] #6833684
04/07/20 07:55 PM
04/07/20 07:55 PM
Joined: Mar 2010
Posts: 2,960
South Dakota
H
Hydropillar Offline
trapper
Hydropillar  Offline
trapper
H

Joined: Mar 2010
Posts: 2,960
South Dakota
i bought 40 oz silver eagles


The only place you find free cheese is in a mousetrap !
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