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I wonder how stocks can continue to rise

Posted on: June 3, 2020 at 14:23:57 CT

Da_Haze KC

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6736

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11.15 yrs

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M.O.B. Votes:

While unemployment is skyrocketing and there is civil unrest in all 50 states, at the same time that countries around the world are still in lockdown or just coming out of lockdown.

Just saying.

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MESSAGE THREAD

My stonks continue to rally - Ragnar Danneskjold MU

- 6/3 14:07:37

Nation won't have much an economy w/out cities - raskolnikov MU - 6/3 16:17:06

RE: Nation won't have much an economy w/out cities - MOCO SON MU - 6/3 16:20:33

You are Gottamned right they are - a GREAT THING - raskolnikov MU - 6/3 17:00:23

I wonder how stocks can continue to rise - Da_Haze KC - 6/3 14:23:57

RE: I wonder how stocks can continue to rise - ashtray UF - 6/3 14:49:10

There isn't civil unrest in all 50 states - Ragnar Danneskjold MU

- 6/3 14:42:48

Because small businesses have been looted and crapped on - TigerFan92 MU - 6/3 14:41:25

The market is looking forward - mizzouSECedes STL - 6/3 14:25:31

lol (nm) - ashtray UF - 6/3 14:49:44

If you say so. I doubt it but sure... I'll take you at your - Da_Haze KC - 6/3 14:27:41

Of. Ourse you would. That said I have a different take - tman MU - 6/3 14:31:09

those are good factors as well - meatiger MU - 6/3 14:38:23

no, we haven't hit the bottom - ashtray UF - 6/3 14:50:45

Do you think we fully return to the March lows? - meatiger MU - 6/3 14:54:30

most companies pulled guidance - ashtray UF - 6/3 14:55:26

Earnings haven't bothered anyone - mizzouSECedes STL - 6/3 14:58:00

But the big companies - meatiger MU - 6/3 14:57:41

Select companies are taking it in. Broad sectors - tman MU - 6/3 14:58:48

and that's where we'll find the real bargains - ashtray UF - 6/3 15:09:01

I took the ride to the bottom - meatiger MU - 6/3 15:13:58

I'm hoping NVDA takes a dump - ashtray UF - 6/3 15:17:17

agreed(nm) - meatiger MU - 6/3 15:05:29

Almost all energy companies have cut capital spending - mizzouSECedes STL - 6/3 14:59:45

interest rates are near zero - Ferg STL - 6/3 14:25:15

So we are being propped up by funny money - Da_Haze KC - 6/3 14:25:58

Businesses are far from returning to normal - meatiger MU - 6/3 14:14:28

For some businesses, yes. We haven't skipped - Ferg STL - 6/3 14:20:22

And that pain will trickle down - meatiger MU - 6/3 14:35:55

Rioters made sure of that (nm) - mizzouSECedes STL - 6/3 14:15:48

Amazing the market doesn't seem to care about the lawless - 4TigersinMichigan MU - 6/3 14:12:52

Yeah, I'm only down 3.5% since the high - BigDave MU - 6/3 14:12:03

after today, about the same. (nm) - TigerFan92 MU - 6/3 14:47:23

The only ones that lose are the panic sellers - Ferg STL - 6/3 14:17:58

Let them be in the market - mizzouSECedes STL - 6/3 14:19:07

I've been through this multiple times - Ferg STL - 6/3 14:23:53

Yup, those folks will always be in the poor house - mizzouSECedes STL - 6/3 14:13:30