Any idea's why the market keeps climbing

Jun 2, 2020
9:15:02pm

BYU71 Truly Addicted User

Some technicians claim it is overbought. The riots can't be good for business.

I don't buy that the crap going on enhances Trump's chance of winning.

I know it is guessing, but I would like to hear some guesses

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BYU71

Bio page: BYU71
Joined: Apr 23, 2001
Last login: Apr 25, 2024
Total posts: 67,382 (1,340 FO)

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Messages

Author

Time

Any idea's why the market keeps climbing

BYU71

6/2/20 9:15pm

Millions of people have part of their paycheck auto deposited every two weeks.

dYrtbYkerYder

6/2/20 9:16pm

Because it proves COVID-19 is over and states are now all reopened?

CougarTailDevourer

6/2/20 9:19pm

Irrational exuberance

TheLoanArranger

6/2/20 9:19pm

Theory based in some fact:

macdizzle

6/2/20 9:19pm

People used their stimulus money to invest

the_byu_flash

6/2/20 9:23pm

Temples and missionary work still needed

OU Cougar

6/2/20 9:25pm

Sell in May and go away

Croweater

6/2/20 9:26pm

Just look at the fed balance sheet.

rad dawg

6/2/20 9:34pm

I should add to this that dropping the rate to zero has also impacted it.

rad dawg

6/2/20 9:41pm

The thought I hear some say I would rather earn nothing than lose.

BYU71

6/2/20 9:54pm

Individuals do react that way.

rad dawg

6/2/20 10:03pm

This is it.

coucou

6/2/20 9:45pm

RE: Any idea's why the market keeps climbing

CougTimesTwo

6/2/20 9:50pm

$3 trillion of liquidity injects + $3 trillion in stimulus + more waves to come

Tare

6/2/20 9:50pm

It's all about interest rates. When gov't is willing to bail out businesses

Lance71

6/2/20 9:51pm

My guess, the Fed is buying ETF's and S&P 500 futures contracts. No way

Chazz Reinhold

6/2/20 10:42pm

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