stock market was up today...

[85SugarVol]

Ask yourself this: What caused these stocks to skyrocket since the beginning of the year?

They largely went up because people:

(1) Shopped from home; and
(2) Had more free time on their hands.

When CV19 goes down, they go down. AMZN and NFLX will lead the way.

AMZN was breaking YOY records prior to Covid. Their business model is the best thing going right now.

You think people are just dying to get back into Wal-Mart & Target? You think people are going to stop shopping Amazon when Covid breaks?

AWS is booming. That’s not stopping.
They’re in the grocery business. Not stopping.
They’re in the freight business soon too.

I already said Netflix would take a hit.

 

[lawgator1]

Fed balance sheet has grown more in this cycle than QE1, 2, and 3 under Bush/Obama, combined.

But interestingly there are some who are worse off.

 

[Velo Vol]

What does that have have to do with my post about specific industries?

Not necessarily directed at your post, but rather the whole discussion of the recovery.

 

[Velo Vol]

 

[marcusluvsvols]

Fed balance sheet has grown more in this cycle than QE1, 2, and 3 under Bush/Obama, combined.

But interestingly there are some who are worse off.

Thanks China. You degenerate wild animal eating mongrels. How to wreck the world's economy in 1 easy step....

 

[utvolpj]

up until recently a hysa would give at least 1.5-2%. There are so many other vehicles to use now though than just parking it in a bank. We only keep our emergency fund there and the rest is safely invested

 

[85SugarVol]

up until recently a hysa would give at least 1.5-2%. There are so many other vehicles to use now though than just parking it in a bank. We only keep our emergency fund there and the rest is safely invested

Exactly what we do.

How many months expenses do you keep in your emergency fund? We target 6 months, but even that seems heavy to me sometimes.

 

[VolnJC]

Sell Hughes and Viasat and any rural DSL carriers immediately
https://www.cnbc.com/2020/08/10/spacex-starlink-satellte-production-now-120-per-month.html

 

[utvolpj]

Exactly what we do.

How many months expenses do you keep in your emergency fund? We target 6 months, but even that seems heavy to me sometimes.

We're at about 4mos. Don't do 6mos because we could absolutely cut things immediately that would extend our reserves (dining out, lawn service, pool guy, etc). It does feel like a chunk sitting out there being useless but our advisor said to keep it.

 

[85SugarVol]

We're at about 4mos. Don't do 6mos because we could absolutely cut things immediately that would extend our reserves (dining out, lawn service, pool guy, etc). It does feel like a chunk sitting out there being useless but our advisor said to keep it.

Yea, it just pains to watch it sit there not working. But it serves a purpose.

 

[Ernest T. Vol]

We are up 53% since this wet dream of eliminating the Trump gains. You libs need to get something else cooking fast. The market is back to the Feb highs and there is profit taking in tech. The value stocks are catching up in a small rotation or balancing. We are looking at a classic cup and saucer chart pattern with more upside or a double top and the end of the 11 year bull market. Place your bets...place your bets.

 

[Velo Vol]

 

[85SugarVol]

We are up 53% since this wet dream of eliminating the Trump gains. You libs need to get something else cooking fast. The market is back to the Feb highs and there is profit taking in tech. The value stocks are catching up in a small rotation or balancing. We are looking at a classic cup and saucer chart pattern with more upside or a double top and the end of the 11 year bull market. Place your bets...place your bets.

In the DOW Transports now too...

 

[Rasputin_Vol]

It’s all back by next summer. America will be cruisin’ again.

"Financially Devastated" - 83% Of NYC Restaurants Unable To Pay July Rent

That is a hit on restaurants and commercial real estate...

 

[85SugarVol]

"Financially Devastated" - 83% Of NYC Restaurants Unable To Pay July Rent

That is a hit on restaurants and commercial real estate...

83% of NYC restaurants are probably small business, the “mom & pop” types. Already conceded that many of those might not return.

 

[Velo Vol]

 

[Vol737]

Looks like we’re all gonna have to jump on the Putin bandwagon. The biotech juggernaut that is Russia has a Covid vaccine! Who’s up first?

Futures Jump On Coronavirus Vaccine News

 

[Velo Vol]

Nasdaq hasn't had three straight down days since May

 

[Velo Vol]

Silver is just exploding

View attachment 297953

Was:

 

[85SugarVol]

Was:

Yea - precipitous drop

 

[Velo Vol]

Question for anyone who uses them: what's your strategy for stop-loss orders?

 

[Thunder Good-Oil]

Question for anyone who uses them: what's your strategy for stop-loss orders?

You should ask that in the All Things Stocks thread in The Pub. That thread is more trader and stock picking oriented while this one in Politics is more economics related.

 

[85SugarVol]

Apple closing in on a $2T market cap...

$2 TRILLION

 

[MontyPython]

 

[Septic]

AMZN was breaking YOY records prior to Covid. Their business model is the best thing going right now.

You think people are just dying to get back into Wal-Mart & Target? You think people are going to stop shopping Amazon when Covid breaks?

AWS is booming. That’s not stopping.
They’re in the grocery business. Not stopping.
They’re in the freight business soon too.

I already said Netflix would take a hit.

People have been sitting in their rented homes having tax payer dollars shoveled into their accounts while ducking the landlord and his request for rent. They will discover soon that the landlord will not accept used PS4 Call of Duty disks and other assorted AMZN crap for back rent.

I can't wait for this shoe to drop.