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Old 06-04-2020, 03:54 AM
 
7,453 posts, read 4,686,150 times
Reputation: 5536

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Foreign countries are also starting to re-open businesses which further lifts US market.

 
Old 06-04-2020, 05:39 AM
 
591 posts, read 252,624 times
Reputation: 365
Onward to 30K, and beyond!
 
Old 06-04-2020, 02:50 PM
 
Location: Pennsylvania
31,340 posts, read 14,265,634 times
Reputation: 27863
The next 10 days are gong to tell the story, up to the next big thing - the election.
If there are no major outbreaks of Covid 19 after all of these riots - the shutdowns are over for all intensive purposes, and it's full speed ahead to re-opening the economy. Therefore the market should keep moving up.
 
Old 06-04-2020, 02:59 PM
 
7,453 posts, read 4,686,150 times
Reputation: 5536
Quote:
Originally Posted by BeerGeek40 View Post
The next 10 days are gong to tell the story, up to the next big thing - the election.
If there are no major outbreaks of Covid 19 after all of these riots - the shutdowns are over for all intensive purposes, and it's full speed ahead to re-opening the economy. Therefore the market should keep moving up.
That's really intense!
 
Old 06-04-2020, 04:36 PM
JRR
 
Location: Middle Tennessee
8,166 posts, read 5,662,692 times
Reputation: 15703
Quote:
Originally Posted by BeerGeek40 View Post
The next 10 days are gong to tell the story, up to the next big thing - the election.
If there are no major outbreaks of Covid 19 after all of these riots - the shutdowns are over for all intensive purposes, and it's full speed ahead to re-opening the economy. Therefore the market should keep moving up.
I'm looking more at seeing what happens by the end of June. There were over 21 thousand new cases today and another thousand deaths. And with people doing things like jamming into the casinos as they reopen, I'm not sure we are out of the woods with this thing any time soon. No magic switch to flip to make everything back to normal. I'm not a full blown pessimist; just trying to keep it real.
 
Old 06-04-2020, 05:21 PM
 
232 posts, read 180,449 times
Reputation: 333
Quote:
Originally Posted by JRR View Post
I'm looking more at seeing what happens by the end of June. There were over 21 thousand new cases today and another thousand deaths. And with people doing things like jamming into the casinos as they reopen, I'm not sure we are out of the woods with this thing any time soon. No magic switch to flip to make everything back to normal. I'm not a full blown pessimist; just trying to keep it real.
I think people are at the point of not caring about number of cases or deaths anymore. Life goes on.
 
Old 06-04-2020, 07:15 PM
 
591 posts, read 252,624 times
Reputation: 365
Quote:
Originally Posted by JRR View Post
I'm looking more at seeing what happens by the end of June. There were over 21 thousand new cases today and another thousand deaths. And with people doing things like jamming into the casinos as they reopen, I'm not sure we are out of the woods with this thing any time soon. No magic switch to flip to make everything back to normal. I'm not a full blown pessimist; just trying to keep it real.
You are going to miss the big run up if you wait that long.
 
Old 06-04-2020, 07:41 PM
 
Location: Capital Region, NY
2,480 posts, read 1,551,658 times
Reputation: 3565
I’m looking for recommendations to move from a target fund to ultra-conservative. I’d like to stay with Vanguard, possibly treasury funds/money markets. I would be holding them in 403bs and Roths. Keeping it simple is better. Other than the treasury funds I am looking hard at Wellesley, but I think I’d like to go even more conservative. Any thoughts? Thanks in advance!
 
Old 06-04-2020, 07:56 PM
 
Location: Durham NC
5,153 posts, read 3,762,104 times
Reputation: 3694
Quote:
Originally Posted by JRR View Post
I'm looking more at seeing what happens by the end of June. There were over 21 thousand new cases today and another thousand deaths. And with people doing things like jamming into the casinos as they reopen, I'm not sure we are out of the woods with this thing any time soon. No magic switch to flip to make everything back to normal. I'm not a full blown pessimist; just trying to keep it real.

Wanna make money in the market don't watch the news. It means nothing. I mean you have been watching this the past two months plus right?
 
Old 06-04-2020, 08:44 PM
 
Location: Dude...., I'm right here
1,782 posts, read 1,554,265 times
Reputation: 2017
Debt has been renamed liquidity


Quote:
Originally Posted by heart84 View Post
More liquidity on the way from the Fed:

https://www.reuters.com/article/us-u...-idUSKBN23A2UJ
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