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BignutzisBack 07/30/20 9:17:59 AM #1: |
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Blue_School 07/30/20 9:19:15 AM #2: |
Stock Bros what does this mean? Theres no way we really lost 32% of production and services from covid right
:O --- Can't refute the substance of the post? Ad hominem! ... Copied to Clipboard!
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Doom_Art 07/30/20 9:20:03 AM #3: |
*sharply inhales through teeth*
--- Not removing this until Mega Man 64 is released on the Wii Virtual Console. Started on: 12/1/2009 https://imgur.com/mPvcy ... Copied to Clipboard!
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Squall28 07/30/20 9:20:11 AM #4: |
It's only down 1% pre-market. Still too close to highs to be worth buying imo
--- You can't go back and change the beginning, but you can start where you are and change the ending. -Misattributed to CS Lewis ... Copied to Clipboard!
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Trumpo 07/30/20 9:20:34 AM #5: |
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SocksForWokMAX2 07/30/20 9:25:06 AM #6: |
Time to buy!
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EndOfDiscOne 07/30/20 9:33:31 AM #9: |
Good, get Trump out of office
--- I am the Cheese! I am the best character on the show! I am better than both the salami and the bologna COMBINED! ... Copied to Clipboard!
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Hexenherz 07/30/20 9:35:34 AM #10: |
Glad I didn't put money in this month yet!!
--- FFXIV: Lucius Hexenseele (Brynhildr) | RS3: UltimaSuende . 99 WC/Fish/Cook/Fletch/Div/Mining/Smithing/Thieving/Crafting/RC https://letterboxd.com/BMovieBro/ ... Copied to Clipboard!
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DarkRoast 07/30/20 9:35:53 AM #11: |
It's kind of ironic that stock jockeys are desperate to keep the market high because they fear "what Democrats will do" when Trump's idiocy wrecked the economy harder than anyone's policies ever could.
--- Well allons-y, Alonso! ... Copied to Clipboard!
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Turtlemayor333 07/30/20 9:36:11 AM #12: |
Where money
--- ... Copied to Clipboard!
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SolidShadow3 07/30/20 9:37:04 AM #13: |
So this would be a great time to start, right?
--- By Odin's beard! ... Copied to Clipboard!
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sLaCkEr408___RJ 07/30/20 9:37:52 AM #14: |
SolidShadow3 posted...
So this would be a great time to start, right?Lol ... Copied to Clipboard!
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Squall28 07/30/20 10:05:17 AM #15: |
SolidShadow3 posted...
So this would be a great time to start, right? Not really. We're doing terribly but the market is still stupid high. Today's drop is very small. --- You can't go back and change the beginning, but you can start where you are and change the ending. -Misattributed to CS Lewis ... Copied to Clipboard!
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Ps2Twilight 07/30/20 10:05:59 AM #16: |
*looks at portfolio*
Must not panic sell. --- ... Copied to Clipboard!
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AceAttorneyist 07/30/20 10:07:13 AM #17: |
sLaCkEr408___RJ posted...
Lol What's funny about that? --- (... D-Do I really inspire this sort of frothing desire from the female masses?) ... Copied to Clipboard!
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Prismsblade 07/30/20 10:17:15 AM #19: |
SolidShadow3 posted...
So this would be a great time to start, right?If you're a long term, passive investor the sooner the better. --- 3DS FC:3368-5403-9633 Name: Kaizer PSN: Blackkaizer ... Copied to Clipboard!
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ZeldaMutant 07/30/20 10:25:35 AM #20: |
You're assuming a GDP drop will lead to a corresponding stock market fall. But that isn't necessarily the case. The government can simply print more money and increase its debt in order to prop the stock markets up with stimulus payments. They've done that for the past few months of corona, which has kept the stocks high. A massive GDP drop is an obvious result from the pandemic, this is hardly breaking news for stockbrokers.
The workers will pay for it in the long term with higher taxes and reduced social spending. --- 96065 ... Copied to Clipboard!
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Squall28 07/30/20 2:53:23 PM #21: |
Now less than a percent. This market is stupid man.
--- You can't go back and change the beginning, but you can start where you are and change the ending. -Misattributed to CS Lewis ... Copied to Clipboard!
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Reiss 07/30/20 2:54:43 PM #22: |
buy at the dip!!!
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Kazi1212 07/30/20 2:55:04 PM #23: |
Infinite fed money pumping the markets, the news doesnt matter.
--- My mind is an open book, do you find it entertaining? At least be original in your responses then. "Don't call me a God, call me a Sadist" ... Copied to Clipboard!
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JuanCarlos1 07/30/20 2:55:26 PM #24: |
ZeldaMutant posted...
You're assuming a GDP drop will lead to a corresponding stock market fall. But that isn't necessarily the case. The government can simply print more money and increase its debt in order to prop the stock markets up with stimulus payments. They've done that for the past few months of corona, which has kept the stocks high. A massive GDP drop is an obvious result from the pandemic, this is hardly breaking news for stockbrokers. Wasnt that about to end, though? --- Mas dicen, que en las dimensiones de nuestro ser... hay muchos detalles por conocer... ... Copied to Clipboard!
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Questionmarktarius 07/30/20 2:56:21 PM #25: |
ZeldaMutant posted...
The workers will pay for it in the long term with higher taxes and reduced social spending.Austerity is inevitable, always. ... Copied to Clipboard!
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FrankGoreHOF 07/30/20 2:56:22 PM #26: |
Nasdaq in the green means I'm in the green bby
--- #FrankGoreHOF ... Copied to Clipboard!
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3PiesAndAFork 07/30/20 2:56:51 PM #27: |
You all have to remember the stock market isn't based on what companies are actually worth. It's based on what investors think they're worth. Which is why you have a company like Hertz still hanging on.
--- "I could care less" means you care right now. The proper phrase is "I couldn't care less." ... Copied to Clipboard!
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Tyranthraxus 07/30/20 3:01:40 PM #28: |
The GDP drop is coming from the 20 million lost jobs. The businesses fired those people in order to remain profitable for investors. Short answer is don't panic sell anything.
--- It says right here in Matthew 16:4 "Jesus doth not need a giant Mecha." https://imgur.com/dQgC4kv ... Copied to Clipboard!
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fohstick 07/30/20 3:03:03 PM #29: |
sony always wins baby
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Tyranthraxus 07/30/20 3:04:46 PM #30: |
3PiesAndAFork posted...
You all have to remember the stock market isn't based on what companies are actually worth. It's based on what investors think they're worth. Which is why you have a company like Hertz still hanging on. There's more to it than just "what I think they're worth" companies that make more money pay higher dividends. The more dividends I can get from a stock the more the stock is worth. Now on the surface it sounds like you're paying $150 to make $1 but you're doing that and also selling it for $200 later. It's essentially free money for investing in a profitable company. The drawback is you don't have access to that money until you sell your investments. --- It says right here in Matthew 16:4 "Jesus doth not need a giant Mecha." https://imgur.com/dQgC4kv ... Copied to Clipboard!
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EndOfDiscOne 07/30/20 3:10:34 PM #31: |
Tyranthraxus posted...
There's more to it than just "what I think they're worth" companies that make more money pay higher dividends. The more dividends I can get from a stock the more the stock is worth.Amazon has never paid dividends yet theyre the most valuable company. IIRC Microsoft didnt for a long time either. Investors are okay with that because they think the company will produce a better return on that money than they would otherwise get. --- I am the Cheese! I am the best character on the show! I am better than both the salami and the bologna COMBINED! ... Copied to Clipboard!
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John_Galt 07/30/20 3:12:54 PM #32: |
ZeldaMutant posted...
reduced social spending.Oh no thats just terrible --- Who is John Galt? ... Copied to Clipboard!
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SocksForWokMAX2 07/30/20 3:46:51 PM #33: |
Well Im around $25 up on my RobinHood accnt, not a crash today
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Squall28 07/30/20 5:58:31 PM #34: |
It's up even more than it lost in premarket.
--- You can't go back and change the beginning, but you can start where you are and change the ending. -Misattributed to CS Lewis ... Copied to Clipboard!
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AngelsNAirwav3s 07/30/20 6:02:16 PM #35: |
Everyone already knew the GDP was going to get crushed in Q2 AKA April/May/June, so this news didn't have any effect on the market when it is almost August.
Apple and Amazon just totally demolished earnings, market is going to be up big tomorrow. --- Hello world! ... Copied to Clipboard!
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UnholyMudcrab 07/30/20 6:26:51 PM #36: |
Of course it won't. The stock market is completely divorced from economic reality
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Prismsblade 07/30/20 6:29:41 PM #37: |
The stock market is carried by just a handful of company's, so long as their busineses remain well for the most part so to will the stock market.
--- 3DS FC:3368-5403-9633 Name: Kaizer PSN: Blackkaizer ... Copied to Clipboard!
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John_Galt 07/30/20 6:46:41 PM #38: |
Lol at doomsayers
even boring deodorant companies like PG are knocking it out of the park --- Who is John Galt? ... Copied to Clipboard!
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I Like Toast 07/30/20 7:13:45 PM #39: |
Where did tc go??? --- If you do things right, people won't be sure you've done anything at all https://mikelikesthis.net the blog no one asked for is back ... Copied to Clipboard!
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