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Old 08-28-2020, 5:55pm   #1
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Default Dow Jones Closes At 28,653.87

The Dow Jones has erased all of its losses for 2020. We are at present back in positive territory and the outlook for the rest of the year also looks positive.



https://www.cnbc.com/2020/08/27/stoc...lose-news.html
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Old 08-28-2020, 6:09pm   #2
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My bank stocks are still down some.
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Old 08-28-2020, 6:14pm   #3
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We looked at our investments and they are up.
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Old 08-28-2020, 6:22pm   #4
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high for the year here.
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Old 08-28-2020, 6:42pm   #5
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The economy is in the toilet, 20 million people are out of work, and yet the stock market reaches a new high?
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Old 08-28-2020, 6:45pm   #6
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Must be time for another Lamborghini.
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Old 08-28-2020, 7:00pm   #7
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Oh wow! Ours is back to pre pandemic. What should we do? Leave it alone? Move it?
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Old 08-28-2020, 7:07pm   #8
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Warren Buffett says the end is nigh...
Personally I cannot understand why the markets are so giddy, but I didn't even stay at a Holiday Inn Express last night.
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Old 08-28-2020, 7:09pm   #9
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Quote:
Originally Posted by markids77 View Post
Warren Buffett says the end is nigh...
Personally I cannot understand why the markets are so giddy, but I didn't even stay at a Holiday Inn Express last night.
I agree. The markets are exaggerated. The layoffs that are now coming from major corporations are going to be huge. There will be a day of reckoning for the stock market euphoria.
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Old 08-28-2020, 7:12pm   #10
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Quote:
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Must be time for another Lamborghini.
Oh no no no...don't want to upset the balance of nature. And really, isn't one Lamborghini enough?

I'll just stick with my Suzuki Swift.
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Old 08-28-2020, 7:38pm   #11
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Quote:
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Oh no no no...don't want to upset the balance of nature. And really, isn't one Lamborghini enough?

I'll just stick with my Suzuki Swift.
So you're just going to "roll over and play dead"?
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Old 08-28-2020, 8:33pm   #12
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My fidelity account has now bounced back to better than it was pre COVID


Thank you Trump and Ivanka.
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Old 08-28-2020, 9:11pm   #13
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I read an article where the guys says several reasons for the run up in spite of what is going on .... one is wall street thinks companies were forced to shed costs leading to lowered expenses - and when they come out of the covid thingy with top line growth .....add to that there is no where for investors to put cash .... I still see another big correction coming though.
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Old 08-28-2020, 9:41pm   #14
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Quote:
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My fidelity account has now bounced back to better than it was pre COVID
Cash it out now before the market tanks again.
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Old 08-28-2020, 9:46pm   #15
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It will just come back
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Old 08-28-2020, 10:10pm   #16
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Quote:
Originally Posted by The_Dude View Post
My bank stocks are still down some.





Nice HiJack Stocksheim.
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Old 08-28-2020, 11:19pm   #17
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Quote:
Originally Posted by datawiz View Post
So you're just going to "roll over and play dead"?
Roll over in my silk sheets maybe.

And anyway...come on dude...you can lower a Swift and put some big tires on it and roll it around some cones just fine, right?
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Old 08-29-2020, 4:01am   #18
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I am guessing gold is no longer a good investment at this time after Buffet jumped to it. Anyone know?
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Old 08-29-2020, 6:59am   #19
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For the most part in spite of all the dirty tricks played by the DEMOCRAT mayors and governors with their executive orders bullshit the economy is doing all right. No doubt in my mind that the. mayors, governors and the big name democrat politicians are using this in a attempt to take the white house and push their progressive/liberal/idiot goals.

Speaking for me, my investments are almost back to before Covid19 status.
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Old 08-29-2020, 8:24am   #20
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Quote:
Originally Posted by 6spdC6 View Post
For the most part in spite of all the dirty tricks played by the DEMOCRAT mayors and governors with their executive orders bullshit the economy is doing all right. No doubt in my mind that the. mayors, governors and the big name democrat politicians are using this in a attempt to take the white house and push their progressive/liberal/idiot goals.

Speaking for me, my investments are almost back to before Covid19 status.


Believe it or not, I'm up 6.8% over pre covid-19.
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