Stock market

[RenegadeT]

Red X for me there chief.

ya gotta click the link, from outside the work network

 

[RatLabGuy]

This is in reference to @RonS post, don't know if that was the red ex thing
Retail sales surge a record 17.7% in May, but coronavirus wounds still visible

Here's teh thing though - isn't this a % relative to prior month? If so then a 17% increase when you're way down, and coming back open is definitely a good thing but should surprise nobody

 

[jeepinmatt]

May retail sales surged 17.7%, the biggest monthly jump ever

Does that include fast food?

 

[shawn]

coming back open is definitely a good thing but should surprise nobody

It was double the estimates

 

[drkelly]

'They are just doing stupid things': Billionaire investor Leon Cooperman warns the rise of Robinhood traders will 'end in tears' | Markets Insider

 

[drkelly]

https://biztimes.com/harley-davidson-removed-from-sp-500/?amp

 

[drkelly]

Star investor: Markets may crash so badly the Fed has to start buying stocks

 

[drkelly]

‘La la land?’ The stock market is ‘insanely disconnected’ and due for a ‘reckoning,’ Warren Buffett buff warns

 

[drkelly]

‘Cooped-up’ millennial traders have sparked a new pandemic — it won’t end well, warns Princeton economist

 

[rodney eppes]

'They are just doing stupid things': Billionaire investor Leon Cooperman warns the rise of Robinhood traders will 'end in tears' | Markets Insider

Young trader dies by suicide after thinking he racked up $730K in losses on Robinhood.
https://www.cnbc.com/…/young-trader-dies-by-suicide-after-t…

 

[drkelly]

The stock market is running out of steam with reopening trades fading and economic data 'uneven'

 

[drkelly]

Young trader dies by suicide after thinking he racked up $730K in losses on Robinhood.
https://www.cnbc.com/…/young-trader-dies-by-suicide-after-t…

That was terrible.

 

[Falko]

Not being in that situation its hard to say if I could think through it logically but...

He wasn't indebted to the mob. If you accidently lose 700k when you are 20 years old and have no assets... just walk away. Sure, you'd still owe tens of thousands on the layer bills but it would be manageable.

 

[drkelly]

Market surge off low is getting tapped out, Bryn Mawr's Jeff Mills warns

 

[99JeepXJ]

I’ve got to unsubscribe to this thread. It’s like reading CNN news on Trump, always negative but continuously wrong.

 

[kaiser715]

Hey, I'm positive....I am positive the DOW is going to hit 40,000, 50,000, 60,000. Might be next year, might be 30 years, but I am in for the long haul.

 

[drkelly]

I'm just negative in the short term.

 

[kaiser715]

November is going to be the true test. I think we'll waver until then...up/down, up/down. Come November, it's either feast or famine. And you sure don't want to bail out before then....you won't get back in fast enough, and loose out on a great ride UP. If Biden wins, then just suck it up and live on a tight budget for the next couple of decades to recover.

 

[rodney eppes]

Rhino Wealth Management
24 mins ·
I’m sitting here watching the futures markets and noticed they quickly fell sharply. In an interview White House trade advisor, Peter Navarro, says China trade deal is ‘over’.

 

[rodney eppes]

And it Reverses!
Asia Pacific stocks up as Peter Navarro clarifies trade deal comment.
https://www.cnbc.com/…/asia-markets-coronavirus-wall-street…

 

[kaiser715]

Wonder what his buys/sells look like between the comment and "clarification"?

Bet lots of that goes on. Buffett could turn a billion bucks by what he says, then buy up on the downside.

Sent from my SM-G930V using Tapatalk

 

[rodney eppes]

Dow drops more than 600 points as Florida coronavirus cases jump.
https://www.cnbc.com/…/stock-market-futures-open-to-close-n…

 

[99JeepXJ]

Dow drops more than 600 points as Florida coronavirus cases jump.
https://www.cnbc.com/…/stock-market-futures-open-to-close-n…

Only if people would understand what these “spikes”. The CDC is including anyone who tested for antibodies with positive results as new cases. The lack of knowledge and use of scientific statistics if fawking mind blowing.

 

[RatLabGuy]

Only if people would understand what these “spikes”. The CDC is including anyone who tested for antibodies with positive results as new cases. The lack of knowledge and use of scientific statistics if fawking mind blowing.

Do you by chance have a source for this? I'd like to research more.

 

[99JeepXJ]

Do you by chance have a source for this? I'd like to research more.

Some of these have some time behind them and the Medium.com is kinda eh as anyone can post without fact checking. So take that one with a grain of salt. But this is after a quick google search. Fact is, a lot of scientists and statisticians have criticized how these tests are being reported since the onset of this whole thing.


Scientists Warn CDC Testing Data Could Create Misleading Picture Of Pandemic


Coronavirus Case Counts Are Meaningless*


Covid 19 — What the Data Tells Us