DOW 1M coming soon
Yep, so the higher unemployment goes, the more bullish this is for the market because apparently everyone makes more on unemployment. By that logic, if we lay the other 130 million workers off, the Dow should hit 1 million.
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DOW 1M coming soon
Yep, so the higher unemployment goes, the more bullish this is for the market because apparently everyone makes more on unemployment. By that logic, if we lay the other 130 million workers off, the Dow should hit 1 million.
I've heard it all. Michael Novogratz on CNBC just said disposable income is higher this year than last year because people are making more on unemployment than they did working.
We get tier 2 unemployment.What happens in a few months when everyone's unemployment expires ?
https://www.zerohedge.com/markets/r...-hosts-seeking-immediate-liquidity-properties
il give them gamestop pricing for their property.
I said it before people are making way more. Their saving habits sadly won't change, with/after a pandemic, so the vast majority will still spend.
Honestly curious in the percent difference between those who actually lost a job v. those furloughed.
Zerohedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zerowww.zerohedge.com
It’ll be the freshest apocalypse of all time,,,What happens in a few months when everyone's unemployment expires ?
LOGI killed earnings and maintained guidance. Highest annual revenue in their history.LOGI is obviously going to kill it with their earnings report. So I should wait to buy in, because they're going to get killed by the market, right? Start with small position and then make big position decision after earnings? Its priced in with the stock at 52 week highs, right?
Honestly the market is probably overvalued and all that good stuff but it’s not ludicrous to think we’re trending in the right direction. Market is forward thinking and right now it’s pricing in the recovery and return to normal. There are still some great growth stocks posting monster revenues and the old market leaders are crushing it as always. So reality is we’re going to keep going up. Why fight it? Be defensive and protect your portfolio but trying to be bearish when the market is disagreeing with you is a waste of time and money.
I took off half of my position in DDOG and a piece in WORK so I can start a position in LVGO yesterday. **** I need to buy back that DDOG. Monster in progress.