Fed, Trump, David Portnoy. FOMO, Gambling, Party like it's 1999.

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Jul 13, 2020
11:49:11am

grosven All-American

Fed, Trump, David Portnoy. FOMO, Gambling, Party like it's 1999.

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grosven

Bio page: grosven
Joined: Aug 13, 2009
Last login: Apr 25, 2024
Total posts: 13,265 (41 FO)

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Messages

Author

Time

Why in the world is the stock market almost fully rebounded? We still have

Ycrazy

7/13/20 11:34am

you see what interest rates are?

BlueFrog

7/13/20 11:36am

It's based off the expectation that we are going to bounce back and get a vaccine in place.

RdF3

7/13/20 11:36am

Or at least no future shutdowns like we had before. The market seems fully

Coach's Dad

7/13/20 11:45am

Borrowing and Fed actions.

7/13/20 11:36am

I wondered if it being propped up by Fed dollars.

Ycrazy

7/13/20 11:37am

Macroeconomics is black magic.

SandYFan

7/13/20 11:42am

I think it was overvalued before Covid

spinner

7/13/20 11:44am

Well, earnings calls from Q2 haven't come in yet. I hope you weren't buying in

7/13/20 11:44am

I have been. I've been buying in non-stop for the last 20 years. This thread is great evidence of

Clark Addison

7/13/20 11:57am

Fed, Trump, David Portnoy. FOMO, Gambling, Party like it's 1999.

grosven

7/13/20 11:49am

yeah it's nonsensical.

Mayor of Cougartown

7/13/20 11:49am

It’s a reflection of 6 months from now. Just like it tanked before any actual

RugbyCoug

7/13/20 11:49am

Profitable bussiness before COVID likely to be profitable after COVID

ABCoug

7/13/20 11:50am

Hertz shareholders would like a word.

chrisrenrut

7/13/20 11:52am

Nope. It was struggling before all this. Too many competitors in car rentals.

Coach's Dad

7/13/20 11:55am

Thanks... will add unprofitable bussiness will be crushed by COVID

ABCoug

7/13/20 2:06pm

Stock prices are not reflective of what values are currently, but what they are

Little Mac

7/13/20 11:54am

Daytraders from what I read and speculators

byukarl

7/13/20 11:55am

3 Trillion dollars of liquidity has been pumped in by the Fed. This is an asset

SnickSnack

7/13/20 12:11pm

Seems like a giant house of cards again - not too unlike real estate matching up

crack

7/13/20 12:13pm

My cloud stocks are dropping like a rock today.

roseyscenario

7/13/20 12:35pm

my stocks are all down, energy sector mostly

7/13/20 12:38pm

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