no.. the boyz can't move the market wherever they want... but anyway, I am quitting.. going to focus on my zen study lol...
there is no bulls or bears only pigs stocks reflect economic activity and velocity of money. both are heading for zero in a hurry. dow too has to head to zero
Why? Don't you think gold has been acting too weird lately to be reliable? It's supposed to move opposite the market, and it's practically been doing the opposite.
Walmart's range this year...52 Week Range 96.79 - 128.08 It closed on a down day at $109.58 Macy's range this year...52 Week Range 4.73 - 26.33 It closed at $5.53 J. C. Penny's range this year...52 Week Range 0.3600 - 1.5100 It closed at 38 cents. Why is Walmart priced where it is?? Yeah, stocks are tanking...But the basics will remain as they did in 1987, 2001 tech bubble, 2008-9. Radio Shack, Blockbuster, Circuit City are gone...The sky is falling!! I see UPS, Fed Ex, and Amazon driving everywhere...Yeah, I know it's because of the virus. Yet times are changing...People will adapt. I am waiting for a junior (community) college to roll out an AS degree in robotic technician. In 5 years we should see robots everywhere. We will see many people changing fields over the years. The demand for truck drivers is HUGE!! I have a BA from a university in California...For 10 years I became a unionized security guard. It wasn't for the pay!! I really would have done it for NO PAY (pre Obamacare). It was the benefits package. People will adjust and find new ways to make a living...And spend their money...