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Stock Market Today: May 11th - 15th, 2020

Discussion in 'Stock Market Today' started by bigbear0083, May 8, 2020.

  1. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    End of day selloff as there was never enough steam to take out the overnight high of 2947.
    Don't be fooled by the selloff though, Tuesday has been the strongest day (so far this year). As a matter of fact, it's the only day that is positive.
     
  2. Vdubman

    Vdubman Well-Known Member

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    Its because dumb americans that are unemployed on unemployent pay are using their stimulus checks to buy phones, computers, and electronics they usually couldnt afford in the first place
     
    stock1234 likes this.
  3. bigbear0083

    bigbear0083 Content Manager
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  4. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Bulls need to hold this early low of 2920 SPX, and take out 2950.
     
  5. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    Luckin Coffee board fires chief executive and chief operating officer amid investigation into financial misconduct
     
  6. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    Uber Proposed All-Stock Combination With GrubHub -- Sources, Sources Say

    GRUB up 25%
    Uber up 3%
     
  7. xiaoniu8

    xiaoniu8 New Member

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  8. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    Uber Proposed All-Stock Combination With GrubHub -- Sources, Sources Say

    GRUB up 25%
    Uber up 5%
     
  9. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    * GRUBHUB SEEKS 2.15 UBER SHARES FOR EACH GRUBHUB SHARE - WSJ, CITING SOURCES

    * UBER BOARD EXPECTED TO REVIEW LATEST GRUBHUB COUNTER PROPOSAL - WSJ, CITING SOURCES Source text : https://on.wsj.com/2y0XwN2 Further company coverage:
     
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  10. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Was down over 20% for my GRUB position, now actually up a little but thanks to the news :p
     
    Vdubman and T0rm3nted like this.
  11. T0rm3nted

    T0rm3nted Moderator
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    I was in GRUB for awhile. Got out like a month ago maybe.
     
    stock1234 likes this.
  12. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    All time highs for XBI and IBB, biotech stocks have been the stars lately :eek:
     
    Vdubman likes this.
  13. rg7803

    rg7803 Active Member

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    Incredible. Not interily new situation w/ chinese companies but nevertheless amazing ....
     
  14. rg7803

    rg7803 Active Member

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    Trade Tiger 88 and stock1234 like this.
  15. T-Coonazz

    T-Coonazz Member

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    Looks like the market is getting a reality check today of opening too soon and the upcoming depression that could last for years.In that case most all stocks are too high now.
     
    stock1234 likes this.
  16. stock1234

    stock1234 2017 Stockaholics Contest Winner

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  17. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    A pretty big sell off here into the close :eek:
     
  18. Steven_Burt

    Steven_Burt 2019 Stockaholics Contest Winner

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    That is the American way! We consume our way into prosperity lol.
     
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  19. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    T0rm3nted likes this.
  20. Vdubman

    Vdubman Well-Known Member

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