The DOW and NASDAQ are almost back before the pandemic

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jltrent

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A few months ago I did not think it would rebound that fast. A lot of positives going into the last part of 2020 looks like.


https://www.msn.com/en-us/money/markets/dow-climbs-over-320-points-nasdaq-hits-intraday-record-as-u-s-stocks-bolstered-by-surge-in-chinese-equities-and-upbeat-ism-data/ar-BB16nOJP?li=BBnbfcN
 
jltrent said:
A few months ago I did not think it would rebound that fast. A lot of positives going into the last part of 2020 looks like.


https://www.msn.com/en-us/money/markets/dow-climbs-over-320-points-nasdaq-hits-intraday-record-as-u-s-stocks-bolstered-by-surge-in-chinese-equities-and-upbeat-ism-data/ar-BB16nOJP?li=BBnbfcN

I am actually surprised as well my portfolio is better now than before all this mess started.
 
Wow, Tesla is only trading at 235 times earnings! What a bargain!
 
TennesseeTuxedo said:

Nah, gotta be the Pelosi Push. Only the hard work of our great Congress could get us thru a pandemic and all this rioting on the right track. Oh wait they haven't been working, well that explains it!! :lol:
 
SmokinM said:
TennesseeTuxedo said:

Nah, gotta be the Pelosi Push. Only the hard work of our great Congress could get us thru a pandemic and all this rioting on the right track. Oh wait they haven't been working, well that explains it!! :lol:

IMO we're better off with divided government fighting each other and not screwing us over as much.
 
Caustic Burno said:
jltrent said:
A few months ago I did not think it would rebound that fast. A lot of positives going into the last part of 2020 looks like.


https://www.msn.com/en-us/money/markets/dow-climbs-over-320-points-nasdaq-hits-intraday-record-as-u-s-stocks-bolstered-by-surge-in-chinese-equities-and-upbeat-ism-data/ar-BB16nOJP?li=BBnbfcN

I am actually surprised as well my portfolio is better now than before all this mess started.

To be looking at your portfolio during these times of suffering....you greedy greedy man... ;-)
 
a couple of months ago i bought some banking stocks, now up 34% on my money. I don't know where this will all end but at least i know i can lose 34% and still be ok. I think the massive price drop was panic selling, then there was a lot of money in bank accounts and those same people are now re investing driving the market up. If they find a cure the market will soar before correcting. Knowing when to sell would be the key.
 

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