Investing (aka GameStonk and other gambling events)

https://twitter.com/benedictevans/status/1311332088541519874

Which makes this seem all the crazier to me. I know they’re different mediums. But still - it’s about what kids spend their time on. Maybe the two coexist nicely?

Anyone know any junior high or high school kids - are they still using Snapchat? All my cousins and nieces/nephews are too young or too old.

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Market now gonna use “coronavirus talks going well” to pump. Preview of the next month:

“TRUMP ASYMPTOMATIC, RETURNING TO WORK”

SPY +3%

“TRUMP HOSPITALIZED WITH COVID SYMPTOMS”

SPY -.2%

“TRUMP SAYS HE’S FEELING FINE, OUT OF HOSPITAL SOON”

SPY +3.2%

“TRUMP DIES OF CORONAVIRUS”

SPY -.4%

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STONKS

Trump is getting out of the hospital and back in charge? DOW 50K BITCHEEEEESSSSSS!!!

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https://www.thestreet.com/markets/stock-market-dow-jones-industrial-average-trump-federal-reserve-100620

“Too little support would lead to a weak recovery, creating unnecessary hardship for households and businesses,” Powell said in a virtual speech hosted by the National Association for Business Economics. “By contrast, the risks of overdoing it seem, for now, to be smaller. Even if policy actions ultimately prove to be greater than needed, they will not go to waste.”

Oh what, you thought Trump was pumping the market? Nahhh. STONKS only go up. BRRRRRRRRRRRRR

https://finance.yahoo.com/news/clear-cut-biden-win-emerging-124818901.html

S&P just went from up 0.5% to down almost 1% in a matter of seconds or minutes. Anyone know what happened?

https://twitter.com/realDonaldTrump/status/1313551794623127552
https://twitter.com/realDonaldTrump/status/1313551795646541824

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Diseased Donnie Dumb Dumb said no relief bill until after he wins the election… which probably means not until January after he loses… which may also mean never if Ds don’t also take the Senate…

Lol. This guy…

Futures drilling hard AH.

Well duh. If markets have recently gone up then investor, consumer and corporate management confidence is high so future gains are inevitable. If markets have recently gone down then current prices are attractive and thus great buying opportunity means future gains are inevitable.

S&P -2.5% and counting since the tweet.

Isn’t it more like 3.75 percent?

I’m basing it off the VOO which is my favorite S&P ETF that trades after hours. It went from $314.30 to currently $306.44, so it’s down 2.5% from the peak today.

Hmmm. I think S&P dropped 1.4% today after being up 0.5% until dumb dumb opened his mouth, and now is showing down an additional 1.75% after hours.

This could spike the blue wave in the senate even further. Maybe make that Kentucky race more interesting