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8. Keep in mind it's still well off all time highs

Fri Apr 17, 2020, 12:54 PM

Apr 2020

Daily movement only is an indicator that the market thinks the future profit outlook today is slightly better than the future profit outlook yesterday.

So, relative to yesterday, Boeing is resuming production with social distancing. That alone accounts for about 100 points on the dow.

Plus there's a bit of optimism about effective treatment on the horizon and generally, businesses figuring out ways to resume a portion of normal functionality, allowing for social distancing.

But again, the market is still well below its peak, so it's certainly pricing in that things are not yet normal.

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How can the DOW be up 400 right now? [View all] gab13by13 Apr 2020 OP

Pump and dump from Gilead about Rememdivin (sp), they did this before with Ebola. Also Boeing uponit7771 Apr 2020 #1

"Dow up 400 on Coronavirus Treatment Hope": CNBC brooklynite Apr 2020 #2

They got all hyped over a rumor about a drug that helps COVID-19. SoonerPride Apr 2020 #3

Gilead Sciences is reporting positive results with their Mike 03 Apr 2020 #4

Three card Monte sarcasmo Apr 2020 #5

This message was self-deleted by its author elocs Apr 2020 #6

The market goes up ooky Apr 2020 #7

Keep in mind it's still well off all time highs unblock Apr 2020 #8

They're manipulating it duforsure Apr 2020 #9

It took the market a year to fully bottom out from the start of the 2008 financial crisis Yavin4 Apr 2020 #10

unexplainable like bluestarone Apr 2020 #11

Odd seeing oil companies with huge gains today, in light of oil being so dang low Roland99 Apr 2020 #12

Because it's being manipulated. Hugin Apr 2020 #13

I think some are using their check to buy bargains jimfields33 Apr 2020 #14

The stock market is currently Miguelito Loveless Apr 2020 #15