Why stock markets are STRANGE... 🤔?

Amazon
a-b-c

Go to company page Amazon

a-b-c
May 11, 2020 11 Comments

20 million job loss but still stocks doing great..!!
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Welcome back to the greatest casino on God’s Green Earth, the Stock Market 😉

Why the market’s moved higher from the March meltdown, there isn’t a rhyme or a reason. It doesn’t care about pandemics, or the greatest jobs recession since the Great Depression. It doesn’t care about oil or whatever else you throw at it.

The Nasdaq 100, which is more concentrated with big cap names is up. Big cap tech are the leaders. Amazon, Facebook, Microsoft, Netflix, Google, and Apple were all up and outperformed like no big deal.

Biotech stocks were even better than Tech ripping 4% like they cured COVID 😉 Gilead, Moderna, Biogen, Amgen, Abbvie .. you get the idea.

On the downside, Energy, Financials, and small-caps are the weakest.

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  • Amazon
    AhoyOy

    Go to company page Amazon

    AhoyOy
    Value of a dollar = sum of all goods and services / number of dollars.

    What if there are less goods and services and more dollars? Value of a dollar goes down. If the value of a dollar goes down, what does that do to stock prices? They go up, because they worth relatively more of the smaller value dollar.

    If you hear that they're going to another bill where they create X trillion dollars, buy the market.
    May 11, 2020 2
  • Google
    jkLy05

    Go to company page Google

    jkLy05
    Money printing feds, buybacks, short squeezes, and retail fomo buying the dip.

    But more importantly, there's no long term impact of this on a lot of companies (like amazon), so what would prompt people to sell unless big name companies are defaulting or will be impacted long term? Maybe if we're still in lockdown during q3 while q2 numbers are coming out?
    May 11, 2020 1
    • Microsoft / Product
      looking?

      Go to company page Microsoft Product

      PRE
      Amazon
       looking?
      Yeah the real test is on the pension and 401k funds. Those are massive and for now are minimally impacted. If this keeps going and companies can’t adapt and have to axe way more people on a non-temporary basis.... then you’ll start seeing a squeeze.
      May 12, 2020
  • The big tech companies you mentioned are doing well during this times and that is what the stock market is reacting to. They make up a significant value percentage of the US stock market
    May 11, 2020 0
  • To fuck with diversification
    May 11, 2020 0
  • Amazon
    a-b-c

    Go to company page Amazon

    a-b-c
    OP
    IMO... What moves the market is FEAR and GREED.. More so in these times..!!
    May 11, 2020 0