Dow Rallies To 3-Month Highs Despite Civil Unrest; Zoom Soars After Hours

Investor's Business Daily via Yahoo Business ^ | 06/03/2020 | NANCY GONDO ,Investor's Business Daily

[Texas resident]

The election is 5 months away. It seems that the markets are expecting that Trump will be re elected and more regulations will be rolled back or eliminated.

Vegas is betting on Trump also.

[ModelBreaker]

Modelbreaker did.

[mikey_hates_everything]

Inflation is bad if you live off of cash in the bank or under your mattress. Rioters and looters are bad if you live off of cash under your mattress or from your store. I am a multi-millionaire thanks partly to Obama’s QE and am looking forward to a piece of the stimulus money being printed now when it shows up in the stock and real estate markets. If your tangible asset and stock gains beat the inflation of non-tangible assets and consumables that you buy, you win.

[SamAdams76]

I never got out in the first place.

[reed13k]

Ye indeed.

I margined the hell out of my account and put in a bunch of savings starting 1st of march through April. I was puckered up tight with a few margin calls for about 2 weeks, but this week has been a huge breakout for my.

I’m holding some September SPY call options that I’ve doubled my money on and now I’m expecting that I’ll likely cash out in July/early August when we get back to where the markets were in Feb.

Outside of that I put it all in high dividend (Dow, Exxon, Ford (that ones still disappointing price wise + they cut their dividend); REITs, and oil. The dividends have been more than paying for my margin expense so far.

Going to be a very nice fall :)

[roadcat]

DJIA up 40% since bottoming out on March 23. That’s only NINE weeks ago.

I'm smiling. Checked my stocks, and they have recovered and surpassed the losses from a few months ago. Plus I bought others lately and have nice gains.

[roadcat]

If your tangible asset and stock gains beat the inflation of non-tangible assets and consumables that you buy, you win.

Congrats to you for your smart investments and thinking. One reason I invest is because of the fear of inflation; at least the investments keep pace with inflation while cash does not. But I'm also diversified just in case. It makes me sad that my cash and metals aren't earning profits, and actually lose against inflation. Better to have something than nothing?