Its been nothing but those names holding up the markets. Amazon simply needs to be up 2-3% a day to out the nasdaq green ...just that one stock moves the entire nasdaq. With a little help from MSFT, GOOG, and AAPL. Just move those up and everything follows.
The Higher unemployment---- the higher equities rise! 26,000,000 unemployed!
- Thread starter S2007S
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Its been nothing but those names holding up the markets. Amazon simply needs to be up 2-3% a day to out the nasdaq green ...just that one stock moves the entire nasdaq. With a little help from MSFT, GOOG, and AAPL. Just move those up and everything follows.
Let that sink in, 26,000,000 without a job!!!
The markets are totally disconnected from reality!
The dow will probably be at 100,000 when unemployment is back under 4%
If it can rally on a double digit unemployment rate and is only 15% or so from historical highs then when unemployment rates drop week over week and month over month once the economy opens up again then that should be a solid 3-5% rally every week into the end of 2020
L
lovethetrade
This market is driven by an agenda and nothing else.
...it's a wealth transfer system.
...it's a wealth transfer system.
dozu's boooooooooyz
The market is running on the premise, "Fed stimulus conquers everything". That is, stimulus will hold the market up until the economy/employment recovers and "catches up". Will it? (Personally, I think that a bad bet...)
So far it’s been a great bet though lol.
Yup, so far.
Big crisis when the world concludes, "money printing is BS in the long run*, even for America". Don't know when that will be.
* Has historically happened many times in the past in other countries.... and even in the US. Recall, the "Continental"? Government greed... always behind it.
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