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/biz/ - Business & Finance


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17128172 No.17128172 [Reply] [Original]

Why are stocks still pumping with the coronavirus breakout?

>> No.17128196

because in reality no one cares. Its all forgotten in 3-4 months.

>> No.17128197

why are stocks still pumping without an increase in revenues
why are stocks still pumping after an inverse yield curve
why are stocks still pumping ...

you get an idea, watch the big short

>> No.17128233

smart money will ride the pump and then promptly exit before people catch on to it not being stonks going up, it's fear of holding fiat currency (hyperinflatiom) due to QE (printing money)

>> No.17128260

the chinese stock market is a fucking zombie, the chinese communist party has effectively banned it from falling. meanwhile the real chinese econoomy (industry and exports) is in ruins. virtually every western economy relies heavily on chinese production

>> No.17128567

>>17128172
Retail traders thought corona virus will cause a crash and went short, the quick squeeze up was to be expected. RSI and MACD are showing a bearish divergence on daily, I think more likely is another downside break very soon.

>> No.17129105

Because the general public is at least a month behind on these things

>> No.17129451
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17129451

>>17128172

>fixed income returning 2%
>china market collapsing
>europe suffering a slow death
>real estate is already pumped to the limit
>normies know crypto has no future

US stocks are by far the best out of a host of shit options

>> No.17129512

Its a seasonal flu that kills more chinks than normal who cares.

>> No.17129532

>>17129451
europe being choked by germancucks

>> No.17129552

>>17129532
germany was forced into the euro by france. they then just used it to max. their gains to the disadvantage of all others.

>> No.17129554

>>17128233
>1.9%
>hyperinflation

>> No.17129945

>>17128172
Because the virus is harmless