Stock market opens up 1,100

[Demovictory9]

[dem4decades]

1. Oh shit, Trump will open the country up for business tomorrow.

[PatSeg]

2. And now Trump will take credit for it

and continue to do and say the same stupid crap. If it goes down, however, it is always someone else's fault.

[NCDem47]

4. The uptick is due to stimulus bill

Which he'll hog all the spotlight for, even though he did not lift his own fingers on.

Amazing how when the market goes down, nary a word from that gas bag. But when on the way up, boy, sure loves to chime in then!

All so expected. Don't know why I let it bother me.

[PatSeg]

6. Exactly

He is so predictable. If its good, then HE did it! If its bad, blame Obama or China or Hillary or the Dems. While members of congress have been working long hours trying to put together a stimulus bill, Trump was watching TV and tweeting bullshit.

I think it is okay to let it bother you. It should bother all of us that our president is a lazy, lying fraud who is putting many lives at risk.

[GusBob]

3. Leeches

So glad I dont invest with those bloodsuckers

[JHB]

5. After being down how far?

It'll turn on a dime if they get the jitters again.

And if this encourages him to "get things moving again" only for that to result in a new spike in infections, watch it fall.

Whooptie-do for how it acts in the first 15 minutes of the day.

[Hugin]

7. It'll soon be absorbed by traders attempting to sell at a lesser loss.

This routine by the Trump Traitors is classic pump-n-dump.

They're desperate to cut their losses and they don't care who it hurts as long as they get out with a few extra pennies.

It's going to take a heck of a lot more than they've even been talking about with this so called stimulus to move the needle on a 35% loss of Trillions of Dollars.

[uponit7771]

9. +1, I'm thinking bottom is 15 - 16

[Hugin]

12. Sounds reasonable.

Given current events.

My thinking is the level we are seeing now (around 18 - 19k) is a support level based on the real market value + around a believable 4 - 4.5% gain from three years ago. If the COVID-19 mitigation by the State and Local actions is successful in leveling the curve on infections, it could very well stay at around this level. But, if it gets much worse (as it likely will with Trumpaloopa's Traveling Shit Show) then we may see a decline to the levels you're talking about or even lower. However, it will be at the expense of core market valuation and that's very difficult to get back and slow.

Due to the market manipulation I've been seeing over the past 3 years resulting in the Trump Bubble, I've given up on trying to figure it out. There's no forecasting manipulated markets. What they've been doing is criminal and I doubt any of them will ever see a day in court over it because of regulatory capture and disaster capitalism. We're starting to get into fundamentals now and forecasting is easier.

[Bengus81]

8. Maybe Wall St. figured out that the BEST plan is money in peoples hands

and the more the better for the economy. As opposed to the same BS with these Corporate stock buy backs,layoffs five minutes after the check is deposited and FAT raises,stock options and bonuses for the asshats at the top.

[customerserviceguy]

13. All Wall Street is good at

is figuring how to shaft the little people, who it has suckered into the casino.

Take advantage of this sucker rally, or wait until the Dow goes below 10K.

[kentuck]

10. Funny what the prospect of a trillion dollars will do.

Big $$$ signs in their eyes.

[Amishman]

11. we get unemployment numbers released end of next week

even if we start seeing light at the end of the tunnel, those figures will start exposing just how much damage has been done

[Amishman]

14. up 1400 now

fools rally