stock market was up today...

#9,701
#9,701
Ernest T. Vol said:
Back to back market gains for the first time since February despite Bernie trying to piss on the fire.
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That's pretty clearly just an excuse for some profit-taking - the S&P was up an incredible 17% from Monday's low to today's high. I mean, the bill is clearly going to eventually be passed.

Now that the Fed has blown their wad and Congress has blown it's wad, the question becomes what's the catalyst for a continued bounce? Seems like it'd have to be good news on the virus front itself (continued decline of new cases in Italy and other hot spots). Personally, I think we are going to get another shot to buy the lows again at some point.
 
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#9,702
#9,702
05_never_again said:
That's pretty clearly just an excuse for some profit-taking - the S&P was up an incredible 17% from Monday's low to today's high. I mean, the bill is clearly going to eventually be passed.

Now that the Fed has blown their wad and Congress has blown it's wad, the question becomes what's the catalyst for a continued bounce? Seems like it'd have to be good news on the virus front itself (continued decline of new cases in Italy and other hot spots). Personally, I think we are going to get another shot to buy the lows again at some point.
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Maybe not all the way back down but could be close to a W pattern or double bottom at least.
 
#9,705
#9,705
Watch out on REITS.
ET_63VgXgAIIRPO
 
#9,708
#9,708
Another leg up today...so far. Just sold one bet for a really nice short term win. I'd call it a double with a flirtation of trying to take 3rd, but coach told me to stay put. I need another good day or two that allows me to unload a couple of things to get ready for another big leg or two down. Who's looking at what today and what are you anticipating?
 
#9,709
#9,709
Vol737 said:
Another leg up today...so far. Just sold one bet for a really nice short term win. I'd call it a double with a flirtation of trying to take 3rd, but coach told me to stay put. I need another good day or two that allows me to unload a couple of things to get ready for another big leg or two down. Who's looking at what today and what are you anticipating?
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Semis are looking good
 
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#9,717
#9,717
VolStrom said:
None of them deserve "bailout money" which I interpret as handouts. Loans that have to be paid back, okay.
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So many of these companies that have their hands out were buying stocks back. F em', it's disgusting to see these handouts when America is so damn broke.
 
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#9,718
#9,718
Purple Tiger said:
Cut to black!
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Yeah. Confusing ending. Intentionally I suppose. Half the internet says he's dead, half not. Naturally, the showrunner sheds no light.

Also, saw that James Gandolfini died at age 53 a couple years back. Sad. Awesome actor.

Need some comedy at this juncture. Diving into Schitt's Creek series.
 
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#9,719
#9,719
Do you consider the $25M "bailout" that was handed to the Kennedy Center a loan or a freebie? Politicians are just dishonest lying bastards and anything that is in this bill is most likely a payoff to a political "supporter"
 
#9,720
#9,720
05_never_again said:
I don't interpret "bailout" to necessarily mean "handout." They are still being loaned money that the taxpayer is ultimately on the hook for.
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The American taxpayer should never be on the hook for potential losses by a private company.
 
#9,721
#9,721
VolStrom said:
Do you consider the $25M "bailout" that was handed to the Kennedy Center a loan or a freebie? Politicians are just dishonest lying bastards and anything that is in this bill is most likely a payoff to a political "supporter"
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Zero chance that the Kennedy Center dough makes it into the bill if it wasn't in D.C., people's retirements are being gutted and $100m for 'arts' is snuck into the bill to shore up crony support.
 
#9,724
#9,724
MontyPython said:
Yeah. Confusing ending. Intentionally I suppose. Half the internet says he's dead, half not. Naturally, the showrunner sheds no light.

Also, saw that James Gandolfini died at age 53 a couple years back. Sad. Awesome actor.

Need some comedy at this juncture. Diving into Schitt's Creek series.
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David Chase said in an interview a few years back that Tony was shot dead. We saw about half of the last scene through his eyes. He looked up when the door opened but was cut down - hence the black. For years, I thought (hoped) Tony survived, but it was clear he would probably go to prison had he lived.

If you have Amazon, watch Fleabag. It is hilarious.
 
#9,725
#9,725
85SugarVol said:
People came to their senses.

Realized Boeing at $95 was absolutely insane, started buying it back up.
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I hope you bought it up. As a former shareholder that sold after more than doubling my money on it, they make me sick with how the company is being run today. They have no more ethics, no more morals, just a calculated risk to the bottom line of how much profit they can squeeze out of the company.
 
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