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There is still not enough questions being asked about why the stock market is booming (Original Post) GusFring Aug 2020 OP
The Fed? stillcool Aug 2020 #1
Some are worrying about possible inflation if the Fed eases up. dhol82 Aug 2020 #3
Well, it just tanked close to 400 points at the close. dhol82 Aug 2020 #2
The Fed has pumped 12 TRILLION into the market SoonerPride Aug 2020 #4
Hey! The virus is over, the economy is booming and Trump is on a path to reelection Chainfire Aug 2020 #5
I have lost some money Jspur Aug 2020 #6
There is a lot of money out there Trump gave to doc03 Aug 2020 #7
I'm not complaining. Xolodno Aug 2020 #8

Chainfire

(17,536 posts)
5. Hey! The virus is over, the economy is booming and Trump is on a path to reelection
Tue Aug 11, 2020, 04:29 PM
Aug 2020

What could be better for the market? ......):

Gambling is fun when it is done with Opm. (other people's money) If things get too bad, Uncle Sugar will step back in save your butt. No risks.

Jspur

(578 posts)
6. I have lost some money
Tue Aug 11, 2020, 04:35 PM
Aug 2020

with stock options recently. It looks like it's starting to cool off now. For the last several months I could just throw money randomly at tech giants like Apple,Netflix,NVDA and make crazy money. The fake bull run seems about to end soon.

Xolodno

(6,390 posts)
8. I'm not complaining.
Tue Aug 11, 2020, 05:11 PM
Aug 2020

I'm up 35%....bought stocks in....

wait for it...

wait for it...

wait for it...

Cruise Lines, Casino's, Theme Parks and a Strip Club.

Everything an adviser would tell you to not buy and if you had...sell.

But to your question. Have you seen the Bond Market recently? Low interest rates = low return. Of course, corporations, municipalities love it, cheap loans.

Can't buy currencies, the dollar is dropping like a bad habit, the time to purchase that was before the virus hit.

Commodities? Putin is laughing at you if you invest in oil. And the dumb shit in the office, started trade wars with countries who buy our other commodities.

Gold? LOL! Yeah right. You buy that when times are good and sit on it for the next crash.

So that leaves stocks....and given the dumb ass gave them tax breaks...which they used for stock buy backs, there are a lot of companies who are sitting on valuable assets. Nor are they leveraged much with cheap interest rates.

Why did I buy Cruise Lines? They own fucking floating cities. Which are very valuable. And their biggest operating costs are labor and fuel....and they aren't using either.

Theme Parks? They own the real estate and in some cases like Disney and Sea World, have very valuable IP's and diverse portfolios. And again, labor and energy are their major costs...of which they aren't using.

And this is where it gets dark....

Casino's....no one is going to stop going to them. The retired are super bored and will hit them in mass once things get close to normal. And then there are the less fortunate....people gambling with their unemployment, small check, etc. in the hope they get more.

The Strip Club....once they open, a lot of unemployed will flock to them. And since they are considered independent contractors, most of those places require them to pay the facility. Not ideal, but it is reality.

When it comes to the Stock Market, I've learned to leave my morals and misgivings at the door. Because, guess what? If you have a 401k, Pension, Mutual Fund shares, etc. You probably already do own something in them. I'm there to hit my sell target and walk away with a little extra.

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