Stock Market Today: May 11th - 15th, 2020

Discussion in 'Stock Market Today' started by Stockaholic, May 8, 2020.

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  1. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    End of day selloff as there was never enough steam to take out the overnight high of 2947.
    Don't be fooled by the selloff though, Tuesday has been the strongest day (so far this year). As a matter of fact, it's the only day that is positive.
     
    #21 anotherdevilsadvocate, May 11, 2020
  2. Vdubman

    Vdubman Well-Known Member

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    Its because dumb americans that are unemployed on unemployent pay are using their stimulus checks to buy phones, computers, and electronics they usually couldnt afford in the first place
     
    #22 Vdubman, May 11, 2020
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  3. Stockaholic

    Stockaholic Content Manager

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    [​IMG]
     
    #23 Stockaholic, May 12, 2020
  4. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Bulls need to hold this early low of 2920 SPX, and take out 2950.
     
    #24 anotherdevilsadvocate, May 12, 2020
  5. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    Luckin Coffee board fires chief executive and chief operating officer amid investigation into financial misconduct
     
    #25 Ken34, May 12, 2020
  6. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    Uber Proposed All-Stock Combination With GrubHub -- Sources, Sources Say

    GRUB up 25%
    Uber up 3%
     
    #26 Ken34, May 12, 2020
  7. xiaoniu8

    xiaoniu8 New Member

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    ÿes
     
    #27 xiaoniu8, May 12, 2020
  8. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    Uber Proposed All-Stock Combination With GrubHub -- Sources, Sources Say

    GRUB up 25%
    Uber up 5%
     
    #28 Ken34, May 12, 2020
  9. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    * GRUBHUB SEEKS 2.15 UBER SHARES FOR EACH GRUBHUB SHARE - WSJ, CITING SOURCES

    * UBER BOARD EXPECTED TO REVIEW LATEST GRUBHUB COUNTER PROPOSAL - WSJ, CITING SOURCES Source text : https://on.wsj.com/2y0XwN2 Further company coverage:
     
    #29 Ken34, May 12, 2020
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  10. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Was down over 20% for my GRUB position, now actually up a little but thanks to the news :p
     
    #30 stock1234, May 12, 2020
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  11. T0rm3nted

    T0rm3nted Moderator
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    I was in GRUB for awhile. Got out like a month ago maybe.
     
    #31 T0rm3nted, May 12, 2020
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  12. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    All time highs for XBI and IBB, biotech stocks have been the stars lately :eek:
     
    #32 stock1234, May 12, 2020
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  13. rg7803

    rg7803 Well-Known Member

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    Incredible. Not interily new situation w/ chinese companies but nevertheless amazing ....
     
    #33 rg7803, May 12, 2020
  14. rg7803

    rg7803 Well-Known Member

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    #34 rg7803, May 12, 2020
    Trade Tiger 88 and stock1234 like this.
  15. T-Coonazz

    T-Coonazz Member

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    Looks like the market is getting a reality check today of opening too soon and the upcoming depression that could last for years.In that case most all stocks are too high now.
     
    #35 T-Coonazz, May 12, 2020
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  16. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    #36 stock1234, May 12, 2020
  17. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    A pretty big sell off here into the close :eek:
     
    #37 stock1234, May 12, 2020
  18. Steven_Burt

    Steven_Burt 2019 Stockaholics Contest Winner

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    That is the American way! We consume our way into prosperity lol.
     
    #38 Steven_Burt, May 12, 2020
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  19. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    #39 stock1234, May 12, 2020
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  20. Vdubman

    Vdubman Well-Known Member

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    #40 Vdubman, May 12, 2020
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