Stock Market Today: July 27th - 31st, 2020

Discussion in 'Stock Market Today' started by Stockaholic, Jul 24, 2020.

  1. Vdubman

    Vdubman Well-Known Member

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    BTC taking off as well today weeeeee
     
  2. Steven_Burt

    Steven_Burt 2019 Stockaholics Contest Winner

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    Forgive the rant, but is it too much to expect accurate Covid data from the richest country in the world?? I watch CNBC and "all data points to we have crested and past the worst of it in the southern states" flip over to MSNBC and see "with numbers spiking according to all metrics..." I go to CDC AZ and see that the state of AZ has -1 new death today when we were in the hundreds per day just two days ago. Forget that we just resurrected a soul today in AZ for a moment. Is it too hard to give the American people the facts??

    Sorr bout' the rant ... carry on. :p
     
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  3. Vdubman

    Vdubman Well-Known Member

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    Propaganda 101
     
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  4. Steven_Burt

    Steven_Burt 2019 Stockaholics Contest Winner

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    That’s the take? We are truly screwed.
     
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  5. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Year-to-date

    GLD +26.7%
    SLV +37.4%

    TLT +23.6% (bonds)
    HYG - 3.7% (junk bonds)

    QQQ +21.3%
    SPY 0% flat
    DIA -7.2%
    IWM -11.5% (small caps)

    VIX +83%

    So if you look at relative performance it is understandable why it has been hard to be bullish on stocks this year. Looks like SLV might be +60% in a year, imagine if the Dow Jones did that. As much as people love tech stocks (QQQ), even lowly bonds have outperformed them.
     
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  6. OldFart

    OldFart Well-Known Member

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    I'm so over this BS about wuhanfluhan.
    The death rate has been lowered to almost zero ( 47 out of 100,000 people ), but they still act like it's the end of the world.
     
  7. OldFart

    OldFart Well-Known Member

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    Sorry to hear that. I hope things get better for you soon!
     
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  8. Stockaholic

    Stockaholic Content Manager

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  9. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Peek below ES 3215 and a reversal.
     
  10. Vdubman

    Vdubman Well-Known Member

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    It’s totally dependent on area though. Some places have quite a bit higher death rates (up to 11%) while others are lower. Numbers can only be compared on a area level not nationwide level unless you want the numbers to look good, like trump does.
     
  11. Stockaholic

    Stockaholic Content Manager

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    where's that guy from the slap chop commercial? i'm almost itching to add that in as an emoji in this forum lmao.

    gawd, so much chop in this market if you're solely looking at the indices... got another month of the summer doldrums. pfft.

    i know i've said this a countless amount of times in the past, but i'd be hella shocked if this market continues to remain complacent/range bound, you name it, as we head into the fall. should be some really nice moves in both directions in the coming months ahead, or so i hope. just my worthless 2c there.
     
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  12. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Kodak up 217% today currently, as they received a $765 million federal loan to produce drugs eg hydroxychloroquine.
    In May the company had switched to making hand sanitizer and face masks.
    Was it a couple years ago they were building a blockchain?

    This is the corporate version of the meth head who cleans your window at a red light.
     
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  13. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Thanks, power was back on last night, guess they said they needed 48 to 96 hours to restore power just to be safe, it took them about 24 hours ;)
     
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  14. Stockaholic

    Stockaholic Content Manager

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    Yeeeees! This news honestly just made my day. Very happy to hear it @stock1234. :cool:
     
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  15. Stockaholic

    Stockaholic Content Manager

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    OT!

    But, could I ask a quick favor from you guys and chime into this post here:
    https://www.stockaholics.net/thread...e-to-get-a-thumbs-up-emoji.10448/#post-129801

    and let me know what you think about bringing in some of the former emojis from the old HSM board. just want to see how everyone would feel about that.

    i'm not planning to replace any of the current Xenforo default one's that we've had here forever...these would just be an addition to those too. thanks!
     
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  16. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Thanks Cy :)
     
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  17. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Stockaholic likes this.
  18. T0rm3nted

    T0rm3nted Moderator
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    It was pretty effed up. Like 17 players. They "voted as a team" to play the game Sunday night even after knowing they had positive tests. I wonder if the Phillies knew about it or had a say in that.

    Yankees series got cancelled last night preventively because the Phillies were going to be playing them (and Phillies played against covid-positive marlins the day before).
     
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  19. stock1234

    stock1234 2017 Stockaholics Contest Winner

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  20. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    ATH for gold again, not too far away from $2K too :hmm: Quick work for you btw Cy, so many emojis to use now :booyah:
     
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