Re: Financial topics
Posted: Thu Jul 23, 2020 11:22 am
Generational theory, international history and current events
https://www.gdxforum.com/forum/
If the bear can get rolling downhill from here, I will be adding carefully, but aggressively. I have not added aggressively all the way up.Higgenbotham wrote: Thu Jul 23, 2020 9:33 am I added my 7th lot back on this morning. This is by far the toughest bear market rally I have ever seen.
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ihatecnbc2000 wrote: Wed Jul 22, 2020 4:23 pm Some strong memories I have of the end of the dotcom bubble was how the relationship between the Dow/S&P versus NASDAQ went kind of schizo, with various days having one up big with the other down and vice versa. Then you had blowout seemingly good news earnings (beating "whisper numbers") that resulted in those stocks getting sold hard. We've definitely had the schizo indices, lets see if the big tech "beats" in earnings get sold into.
Great observation! Thanks!ihatecnbc2000 wrote: Thu Jul 23, 2020 4:20 pmihatecnbc2000 wrote: Wed Jul 22, 2020 4:23 pm Some strong memories I have of the end of the dotcom bubble was how the relationship between the Dow/S&P versus NASDAQ went kind of schizo, with various days having one up big with the other down and vice versa. Then you had blowout seemingly good news earnings (beating "whisper numbers") that resulted in those stocks getting sold hard. We've definitely had the schizo indices, lets see if the big tech "beats" in earnings get sold into.
So TSLA today is a good example. Supposedly great earnings results got sold hard. Mr. Softee today as well.
https://www.marketwatch.com/story/we-wa ... 1595512747Key Words
‘We want a stable dollar,’ says U.S. Treasury Secretary Mnuchin: ‘It is the reserve currency of the world and we’re going to protect that’
First Published: July 23, 2020 at 9:59 a.m. ET
By Mark DeCambre
There are ‘clearly’ some stocks where ‘valuations are a question,’ Mnuchin also says