Stock Market Today: October 5th - 9th, 2020

Discussion in 'Stock Market Today' started by Stockaholic, Oct 2, 2020.

  1. T0rm3nted

    T0rm3nted Moderator
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  2. A55

    A55 Well-Known Member

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    Screenshot_2020-10-08-08-37-35_kindlephoto-256161840.png Screenshot_2020-10-03-21-38-24.png
     
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  3. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Was still sleeping when the market pulled back on the news :p The market probably is betting on a stimulus deal will be reached eventually but I still doubt anything will happen before the election
     
  4. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Was trying to see why the DOW is underperforming then I found AMGN down over 6% :eek: Almost couldn’t remember AMGN is now a DOW component :p
     
  5. stock1234

    stock1234 2017 Stockaholics Contest Winner

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  6. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    It sounds like it's going to squeeze shorts, they got some kind of agreement with Microsoft to sell stuff in store and online.

    The market has made an up move this week, looking for that to continue. Might have more October surprises though, but it seems this market doesn't want to go down in any sustained move.
     
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  7. T0rm3nted

    T0rm3nted Moderator
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  8. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    DKNG having a rough start to the month.
    Anyone thinking the NFL won't make it to the Super Bowl this year? Slowly, new teams are reporting covid infections.

    On the other hand, Cowboys and Jets fans: don't give up hope yet! If your teams can stay virus-free, you might still make the playoffs.
     
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  9. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Yeah the NFL will need to be a little bit lucky to finish the season. The number of cases will spike again in the Fall. I hope they will finish the season but who knows.
     
  10. stock1234

    stock1234 2017 Stockaholics Contest Winner

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  11. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    PLTR - Peter Thiel sold all 23M shares on Sep 30, the day of Palantir's IPO. Looking at the insiders selling millions of shares, it's amazing this stock could even have a green day right now.

    Insider Trading Relationship Date Transaction Cost #Shares Value ($) #Shares Total SEC Form 4
    THIEL PETER Director Oct 02 Sale 9.14 908 8,299 24 Oct 05 06:03 AM
    Taylor Ryan D. See Remarks Oct 02 Sale 9.16 33,177 303,991 1,898,164 Oct 05 08:17 PM
    Moore Alexander D. Director Oct 02 Sale 9.15 88,000 805,306 2,341,249 Oct 05 08:16 PM
    Glazer David A. CFO and Treasurer Oct 02 Sale 9.16 186,000 1,703,797 3,754,152 Oct 05 08:14 PM
    Karp Alexander C. Chief Executive Officer Oct 02 Sale 9.10 2,600,000 23,659,220 6,426,496 Oct 05 08:15 PM
    Cohen Stephen Andrew President and Secretary Oct 02 Sale 9.09 2,000,000 18,172,200 2,402,647 Oct 05 08:12 PM
    Taylor Ryan D. See Remarks Oct 01 Sale 9.92 73,588 729,640 1,898,164 Oct 02 09:49 PM
    Long Matthew A. General Counsel Oct 01 Sale 9.90 140,000 1,386,000 874,006 Oct 02 09:47 PM
    Glazer David A. CFO and Treasurer Oct 01 Sale 9.58 253,700 2,429,913 3,940,152 Oct 02 09:46 PM
    Cohen Stephen Andrew President and Secretary Oct 01 Sale 9.42 1,000,000 9,422,100 2,402,647 Oct 02 09:46 PM
    THIEL PETER Director Oct 01 Sale 9.75 2,386,104 23,275,335 53,487 Oct 05 06:05 AM
    THIEL PETER Director Oct 01 Sale 9.75 1,983,906 19,352,408 2,088,743 Oct 05 06:05 AM
    Karp Alexander C. Chief Executive Officer Oct 01 Sale 9.43 7,900,000 74,514,380 9,026,496 Oct 02 09:45 PM
    Moore Alexander D. Director Oct 01 Sale 9.39 235,000 2,205,640 2,429,249 Oct 02 09:40 PM
    THIEL PETER Director Sep 30 Sale 10.25 23,013,764 235,831,745 0 Oct 05 06:03 AM
    Moore Alexander D. Director Sep 30 Sale 10.27 50,000 513,675 2,664,249 Oct 02 09:40 PM
    Karp Alexander C. Chief Executive Officer Sep 30 Sale 10.30 3,600,000 37,091,840 16,926,496 Oct 02 09:45 PM
    Cohen Stephen Andrew President and Secretary Sep 30 Sale 10.00 1,000,000 10,000,000 2,402,647 Oct 02 09:46 PM
    Glazer David A. CFO and Treasurer Sep 30 Sale 10.12 1,361,921 13,776,103 4,193,852 Oct 02 09:46 PM
    Long Matthew A. General Counsel Sep 30 Sale 10.12 439,404 4,444,660 874,006 Oct 02 09:47 PM
    Sankar Shyam Chief Operating Officer & EVP Sep 30 Sale 10.12 1,405,715 14,219,087 4,260,952 Oct 02 09:48 PM
    Taylor Ryan D. See Remarks Sep 30 Sale 10.11 698,000 7,057,892 1,928,164 Oct 02 09:49 PM

    Stephen Cohen is President AND Secretary? As if one position for that dirty rat wasn't too much.
     
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  12. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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  13. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Overall still a pretty lackluster performance, it was hyped before going public :eek:
     
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  14. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    RH a little weak lately, hasn’t joined the rally along with the overall market :eek:
     
  15. A55

    A55 Well-Known Member

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    The IPO was their chance to cash out. Pump up the company, IPO,. unload on the suckers.
    Screenshot_20201002-000104.png
     

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