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I suppose this is why you don't see a greater reaction. I mean that, and the fact stocks ran up into it. Obviously some folks were smarter than I. Hopefully this means a smaller hole to dig us out of. But funny how we've shifted folks from unemployment to 'temporary' stimulus. I suppose we shouldn't bet against the government spending money in an election year but funny how good things are, yet we need more stimulus.
This is where I'm the most confused. Why isn't a second wave coming? Are we magically going to wish it away? Is our behavior that much smarter (it isn't) than it was 6 months ago? Are we more prepared (maybe a little, but nothing drastic)?
On the huge up days, my performance lags a little, on the down days I'm always ahead. When the market just drifts higher, I'm about inline with market performance. It's my comfort zone, I'll miss out on some, but I'm perfectly hedged and very comfortable.
There has been some thinking that the virus is mutating to a weaker, less deadly version. The Spanish Flu, although it did have a second wave, is thought to have faded away in much the same way in 1919.
Yes, but there's no saying this will behave the same way. There is reason for optimism, even if there should still be concerns.
How exactly is that political?
Oh come on man. They are having a discussion about the virus relative to the stock market. Their conversation was not politically based at all. You're smart enough to realize that the virus is absolutely a relevant facet in regards to what could happen to the markets.
I refuse to watch this guy, he's the worst.
The coronavirus is still driving this market. I know a lot in here like to play in bankrupt penny stocks but you want to know what would crush this rally? A 2nd wave in two weeks from the protests. So quite frankly, I appreciate the discussion, especially from folks who have clearly done more research on coronavirus than I have.
The market should absolutely be insanely higher post- covid if our economy even shows decent signs of life. The amount of money that was printed and injected into the economy basically guarantees that. The dollar will be worth less than it was before covid--so if that doesn't happen---that would be very problematic.
I am a couple minutes in, and he's already said Dr. P's paper is published and referred to Dr. P as our scientist. smh
There isn't going to be a real 2nd wave in 2 weeks, that much I can say with a fairly high amount of certainty. If it comes, it will be in the fall, so a good chance the good times will roll until August, when participants will probably take a more cautious tone.
This sounds like the kind of show that will finally lend credibility. Now he just needs to line up some appearances on StockXPLODE! and we're set.
The science will win; it just may take more time with NP at the helm.
I truly don't get it! I mean, he has to be a smart guy to have gotten where he has... How does he not understand this isn't good publicity? All he needs is the whacky inflatable arm guy behind him at this point.
My honest feelings are this stock would be in $4-$5 range without all of these dumb interviews with Wall Street Super Stocks and Penny Stock Billionaire.
Good points although the one I most often think about is the forward looking time value of the market. The thing that I see people get wrong a lot, including in this thread, is that time portion. Stocks are generally valued as future cash flows. So although the present state of those cash flows comprises a portion of the stock value, maybe even the largest portion, the future matters as well, especially for long investors.
I agree, but my fear is this guy isn't capable of running a $10 plus billion dollar company.
Why is there not a CNBC show called "Stonks Go Up!" Can we get that together? Or at least a SNL skit?
That's what matters.
I get your concerns and feelings here.
That seems like, really specific.
Excellent.
Great, now I'm looking up things like "the worlds most beautiful face according to science"
