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I guess the number was better than expected?Seems as if jobless claims "ramp-up" was baked in.
I wish I understood this kind of thing better. Where does this money come from?. Is it borrowed? Does it have to be paid back? 6 trillion is such a huge number. Many of us in Canada are freaking because we are running up a 100 billion dollar deficit to try and remedy this. 6 trillion? Wow. Big number. I know. 10 times as many people as well. Still. We are not American citizens but we live there part of the year, own property, pay taxes, contribute and volunteer in our community. Two completely different societies, but we enjoy both. Should be interesting how it affects those of us in our situation.
I wish I understood this kind of thing better. Where does this money come from?. Is it borrowed? Does it have to be paid back? 6 trillion is such a huge number. Many of us in Canada are freaking because we are running up a 100 billion dollar deficit to try and remedy this. 6 trillion? Wow. Big number. I know. 10 times as many people as well. Still. We are not American citizens but we live there part of the year, own property, pay taxes, contribute and volunteer in our community. Two completely different societies, but we enjoy both. Should be interesting how it affects those of us in our situation.
I am wrestling with the idea that today's SP will look like a genius move in less than 2 years ... was hoping for a drop to $350 have limit order there but not sure we will see it again ever ... what to do ?The market is acting like all bad news is known and that it gets better from here. Obviously this is what it wants to believe. Coupled with zero interest rates and stimulus bill the bull argument is the sky is the limit.
I don’t see how it is possible for all bad news to be known and factored in at this point. OTOH, I have been consistently wrong the past two months and a terrific contrarian indicator.
Hard to imagine the bear is dead from here but see above.
I am very grateful for all my long term buys which I have only added to the past few weeks. I confess I thought I would get better opportunities.
I like that idea actually. Better than buying at $900 and selling at $350 and buying at $550New position at $445, thinking if it rise another 30% I'm gonna sale when it hits $600s and buy more shares when it heads south $300s
I'm in all cash and looking dumb right now, but I still believe the overall market will take another leg down before this is all over. I think Tesla will as well, but not as convinced of that as I am of the overall market.
Good luck to you I suppose.New position at $445, thinking if it rise another 30% I'm gonna sale when it hits $600s and buy more shares when it heads south $300s
Note: Markets are above TSLA right now, which is usually TSLA beating the market. Thoughts? Macros>TSLA