Stock Market Today: May 4th - 8th, 2020

Discussion in 'Stock Market Today' started by Stockaholic, May 1, 2020.

  1. Stockaholic

    Stockaholic Content Manager

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  2. T0rm3nted

    T0rm3nted Moderator
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    It could have gone the other way as well. I wouldn't be too results-oriented. You could have woke up and seen $3 as well.
     
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  3. jeremybsand

    jeremybsand New Member

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    $BYND up over 20% today after yesterday's earnings report. Any anticipation on this will continue to play out?
     
  4. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    It's been strong today, running after the gap up.
     
  5. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Was down 6% for my MELI position yesterday, seems like I am up pretty nicely now after earnings :D
     
  6. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    This market remains resilient despite lousy economic data. Hard to be that bearish when central banks keep pumping liquidity into the market :p
     
  7. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    A little bit of selling into the close :eek:
     
  8. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Wow what a day for some solar stocks like SEDG and ENPH :eek:
     
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  9. OneBlueSummer

    OneBlueSummer New Member

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    Im just learning about TVIX Im thinking of putting in a buy at 300$ and a sell at 650$ Any thoughts on this?
     
  10. Max384

    Max384 New Member

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    Rough day and 2 weeks for me. Can't stop sinking like the Titanic ‍♂️.. Can't wait till this closure is behind us and get back into the green-

    Talking about solar, at least Sunnova had been consistent
     
  11. Max384

    Max384 New Member

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    Very true, but at the rate I'm sinking that might be the case very soon..
     
  12. Vdubman

    Vdubman Well-Known Member

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    The new word is Quantafinitive Easing :)
     
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  13. Stockaholic

    Stockaholic Content Manager

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  14. Vdubman

    Vdubman Well-Known Member

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    3.2mil new jobless claims. Dow up 1.2%
     
  15. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Getting rejected right near the 5/5 high.
     
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  16. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    i have no idea how SQ can be up almost 8% right now after that earnings report, and we all know next report will be worse....i mean, i still own the stock, so i shouldnt complain...but this market is really irrational right now lol
     
  17. dethfire

    dethfire New Member

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    We gonna come back to reality, or is this gonna keep stable into recovery?
     
  18. T-Coonazz

    T-Coonazz Member

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    I`m not sure what the night shift is gunna do with the futures but it look like we`re having trouble breaking resistance here. I made me a lil pop this morning on the gap up so I`m back to cash again just waitin.
     
  19. Vdubman

    Vdubman Well-Known Member

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    It’s not possible with 20-30% of the workforce unemployed that the economy can be what it was in December. The market it running 100% on fumes and Quantafinitive Easing right now. Oh and short squeezes
     
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  20. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Market has been strong from the overnight. Bears just not standing any ground, can't keep it under 2800 SPX.
    QQQ nearing a gap. Higher on 3 straight days, 3 straight dojis. Guess there's only indecision in the day time.
    [​IMG]
     
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