Imperator Manicula, stimulos redde!
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Stock futures have gone from up over a percent to red in the last hour. Unemployment and GDP numbers drop at 830 edt. It always makes me wonder when we see big moves like that on no news if those things leak to some people ahead of time. Especially in the Trump era.
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I have been skeptical of the economic info that comes out of this admistration. I realize that lots of people are involved in putting the reports together but low and mid level government employees mostly want to keep there jobs so they just do what they are told.
Former Justice Scalia’s son is the head of the labor department.
Both jobs and GDP are slight beats. So there goes my theory. We could be in for an interesting market day.
Oil crash 2.0 seems to be starting. Prices back down to May levels now.
Lol this article. It’s almost criminal.
" There could be a sizeable upside to Carnival (NYSE: CCL) post the Covid-19 pandemic if the company navigates its current challenges and sees demand pick up by 2021."
Could, if, and. There is absolutely zero substance here.
I also COULD learn to fly IF scientists release a flying machine before 2021 AND I have the money to afford one.
Such ridiculous fucking bollocks. As if the pandemic is going to fucking end prior to 2021. We are gonna be seeing mass problems in the next 30-60 days, but sure it will all be over by 2021. Jlawyeahokthumbsup.gif
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Public Sector Pension Plan: I have $400 million I’d like to invest in you flying machine please, I need 12% annual returns to stay solvent.
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Just make sure you box the money up really well and ship it to me via fedex. I’m sure nothing bad could happen to those very important bills if you do so
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There’s no way I trust the GDP numbers from this administration this close to an election. Remember when there were “mistakes” in the data in the summer and every time they made it look better? He said at a rally a few weeks ago that the GDP numbers were going to be good right before the election.
Nope, not buying it.
Even with (supposedly) good GDP numbers, the market doesn’t seem to be reacting.
Apple, Amazon, Facebook, and Google all report earnings today after the market closes.
That’s about 6 trillion in market cap
The QQQ is up 2%. With Apple and Google leading the way both up over 4% at the time of this post.
What’s up with the STONKING today?
Stonks go up. Stonks go down. Can’t explain that.
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SPY just pumped $3 in the last 20 minutes or so, lol
APPL and FB now up over 5%
Oh and TUP up another 13%, now up a casual 50% in the last 2 days
Well the market is going red tomorrow
No chance, I have puts
So AMZN beat it’s earnings estimates and it’s way down after hours? (-1.75% or so)
Can anyone explain? I’ve been out all day running errands, haven’t seen much news.
QQQ -1% after hours. All the tech reports meh?