Register All Albums FAQ Community Experience
Go Back   New Orleans Saints Forums - blackandgold.com > Main > Everything Else

Stock Market Today

this is a discussion within the Everything Else Community Forum; Big week for earnings, but today was unreal: Chipotle up 70 to 650, Herbalife up 25%, ISRG up 40 after the bell Apple and Microsoft were supposed to be the big announcements, but they barely moved...

Closed Thread
 
LinkBack Thread Tools Display Modes
Old 07-22-2014, 11:59 PM   #1
5000 POSTS! +
 
Join Date: Feb 2007
Location: Atlanta
Posts: 6,324
Stock Market Today

Big week for earnings, but today was unreal:
Chipotle up 70 to 650, Herbalife up 25%, ISRG up 40 after the bell
Apple and Microsoft were supposed to be the big announcements, but they barely moved
ScottF is offline  
Old 07-28-2014, 10:26 PM   #2
Moderator
 
Join Date: Sep 2007
Location: New Haven Ct
Posts: 23,985
Re: Stock Market Today

WOW!
QBREES9 is offline  
Old 07-29-2014, 09:24 AM   #3
Truth Addict
 
Join Date: Dec 2003
Location: Spanish Fort, AL (via NO and B/R)
Posts: 24,725
Re: Stock Market Today

I smell another bubble about to burst.

Its gonna crash, and this time it'll crash hard.
Danno is offline  
Old 07-29-2014, 09:59 AM   #4
1000 Posts +
 
Join Date: Jan 2012
Location: SW Ohio
Posts: 4,645
Re: Stock Market Today

Originally Posted by Danno View Post
I smell another bubble about to burst.

Its gonna crash, and this time it'll crash hard.
I recently read a report that calculated today's unemployment and inflation rates based upon criteria used in 1980, before all the statistical gerrymandering started. Both numbers are well over 10%.

So, much of the increase in value of the market over the last five years is nothing more than CPI adjustments in the price to stock. Most stocks have not increased in real value. The US dollar has decreased in value.

That said, a crash is coming....no doubt. If you can't raise the standard of living of the poor, lower the standard of living of the wealthy. Just another form of income redistribution.

So, I invest in metals. You know, lead to protect my family and home.

”It is not the strongest of the species that survives, nor the most intelligent, but the one most responsive to change.” Charles Darwin
dam1953 is offline  
Closed Thread


Posting Rules


All times are GMT -5. The time now is 03:59 AM.


Copyright 1997 - 2020 - BlackandGold.com
no new posts