Boiler Room: The Official Stock Market Discussion

[Saysumthinfunnymike]

that dude on CNBC was pretty accurate. He said 10% pull back and then recovery. Market got back down from 24.5k to around 22.5k. I thought we'd see 21.5K but since then the dow has gained 4.6k

Dow has now risen since the March lows.. 18.5K to 27.1K. Damn near a full recovery. The high was just under 30k.

NASDAQ has made a complete recovery and set new highs.

If there is another crash it ain't gonna be in relation to the March lows. Q2 is probably very much priced in. RTX provided full guidance the other day and while the stock dropped a few percent it went straight back and then some a few days later.

 

[Saysumthinfunnymike]

Only thing I see stopping this train is an issue relating to covid where shyt gotta lock back down. There will probably be some pullbacks, consolidation etc. but that's normal

 

[Saysumthinfunnymike]

I'm guessing it keeps creeping up into Q2 earnings, we see a slight dip in some cases at that point and then it continues on into Election season. That is provided everyone gets back to work and there aren't shutdowns.

 

[Womb Raider]

Subbed

 

[Domingo Halliburton]

brzu , a long term option call , sp 125 how u guys looking at that ? @ill @Domingo Halliburton

brzu has to get to at least 500 minimum

Is this a brazil etf? I have no idea. shyt, im too worried about america. Last i heard brazil was dependent on energy, so where do you think those prices will go? There's your answer.

I said this in here a few times. Ive been putting more into CCL

 

[mannyrs13]

Fidelity be weird as hell with this rollover IRA. Whole day I thought I was down 400, I look again earlier tonight and that shyt says plus 847. I'll take it. Less than 2% but give me that consistently and I'll be straight in the next 20 years. Plus most of my funds pay out dividends. I saw one bout to pay me a little bit soon. The rest looks like I missed it in April so some might have to wait until January. I see my GNUS trade for 8900 with a settlement date of 06/08/20 which is Monday. Hopefully it clears by then cuz I do my stock trading mostly on my Roth so I can hop on whatever hot stock you guys recommend. And maybe use these GNUS profits on another major stock since with this account I have like 9k compared to like 1900 in my Roth so more money to play with. Just gotta get thru Sunday and be ready for next week.

 

[winb83]

The job numbers were a lie. They counted almost 5 million people who had been laid off as still employed.

 

[Rickdogg44]

The job numbers were a lie. They counted almost 5 million people who had been laid off as still employed.

 

[winb83]

https://www.google.com/amp/s/www.washingtonpost.com/business/2020/06/05/may-2020-jobs-report-misclassification-error/?outputType=amp

When the U.S. government’s official jobs report for May came out on Friday, it included a note at the bottom saying there had been a major “error” indicating that the unemployment rate likely should be higher than the [URL='https://www.washingtonpost.com/business/2020/06/05/may-2020-jobs-report/?tid=pm_business_pop&itid=lk_inline_manual_2']widely reported 13.3 percent rate

.

The special note said that if this “misclassification error” had not occurred, the “overall unemployment rate would have been about 3 percentage points higher than reported,” meaning the unemployment rate would be about 16.3 percent for May.

[/URL]
https://www.google.com/amp/s/www.wa...eport-misclassification-error/?outputType=amp

 

[Rickdogg44]

https://www.google.com/amp/s/www.wa...eport-misclassification-error/?outputType=amp
https://www.google.com/amp/s/www.wa...eport-misclassification-error/?outputType=amp

I believed you. I saw something pop up on my feed saying this also . math is hard

 

[mr. smoke weed]

I know and I believe in it, its just i got it at 36.86. I can definitely see it dipping under that next week. Im doing so well in my other stocks that I'm feeling I can put this 8k to better use somewhere else and if it hits a nice price, then go in again

I mean if you already made something, sell half and if it dips re invest? Make sure you pick it back up before July 4th

 

[mr. smoke weed]

The job numbers were a lie. They counted almost 5 million people who had been laid off as still employed.

I knew there weren't 5.7 mil jobs in a month

 

[Rickdogg44]

I was on AMRN train for a while...

 

[Saysumthinfunnymike]

I don't think the error will matter too much to the overall market. It was still an 'improvement' and furthermore, people didn't care too much about the numbers to begin with.

 

[Serious]

I don't think the error will matter too much to the overall market. It was still an 'improvement' and furthermore, people didn't care too much about the numbers to begin with.

I'm curious what Friday number were like, but I know a lot of people ready to fly again.

TSA checkpoint travel numbers for 2020 and 2019 | Transportation Security Administration

Should be at half a million soon.