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It has been a screaming (but profitable) roller coaster ride in the markets today. Wow....
1 posted on 05/14/2020 12:52:46 PM PDT by MeneMeneTekelUpharsin
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To: MeneMeneTekelUpharsin

Yes - I put some $$$ in midday, and took a short profit before the close. What just happened ?


2 posted on 05/14/2020 12:54:34 PM PDT by 11th_VA (May you live in interesting times - Ancient Chinese Proverb)
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To: MeneMeneTekelUpharsin

Trading has been completely sideways for over a month now, running in a channel between 23,000 and 24,000 (Dow). This didn’t break that trend.


3 posted on 05/14/2020 12:57:27 PM PDT by pepsi_junkie (Often wrong, but never in doubt!)
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To: MeneMeneTekelUpharsin

It’s me.....I did it.

I resumed Amazon online ordering, after a hiatus, early this morning.


4 posted on 05/14/2020 12:57:43 PM PDT by Jane Long (Praise God, from whom ALL blessings flow.)
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To: MeneMeneTekelUpharsin

The market matches the world’s collective insanity.

I took the initial hit from February. I’ve recovered a bit, is it time to reduce exposure? I’m nearing retirement age.


6 posted on 05/14/2020 12:58:07 PM PDT by brownsfan (Behold, the power of government cheese.)
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To: MeneMeneTekelUpharsin

dead cat bounce.


8 posted on 05/14/2020 12:59:50 PM PDT by sheehan (DEPORT ALL ILLEGALS.)
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To: MeneMeneTekelUpharsin

dead cat bounce.


9 posted on 05/14/2020 12:59:50 PM PDT by sheehan (DEPORT ALL ILLEGALS.)
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To: MeneMeneTekelUpharsin

I think lots of people think that the only thing wrong is the Chicom virus, once we get through that the biggie is going to be the short term pain of economically disentangling with China, but long term the markets don’t see disaster.


12 posted on 05/14/2020 1:04:21 PM PDT by RedStateRocker (Nuke Mecca. Deport all illegals. Abolish the DEA, IRS and ATF,.)
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To: MeneMeneTekelUpharsin

Gains were being driven by an advance in American Express Co. AXP, +7.42% and UnitedHealth Group Inc. UNH, +4.47%, which were helping to lead the charge.

...

They represent the sectors that suffered while tech stocks outperformed them the past few weeks.


18 posted on 05/14/2020 1:22:38 PM PDT by Moonman62 (http://www.freerepublic.com/~moonman62/)
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To: MeneMeneTekelUpharsin

They watched Trump’s rally in Allentown today and were inspired. He will lead us out of this despite the Dems trying to crush the economy.


21 posted on 05/14/2020 1:28:30 PM PDT by 1Old Pro (#openupstateny)
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To: MeneMeneTekelUpharsin
This is the type of thing a LOT of stock traders just hate to no end. Remember that time in 2011 when the stock market in the space of a week when up and down 500 points per day (back when DJIA was at just over 10,000)? I said back then it felt like riding the big roller coasters at Cedar Point amusement park.
24 posted on 05/14/2020 1:40:10 PM PDT by RayChuang88 (FairTax: America's Economic Cure)
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