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The stock market

278,490 views·4732 replies·by movetheboat·First Post·Latest
M
MacksFREE2020#741

looks like things are only going to go up from here... cellie...

I hope your right,my retirement funds got hammered last two months,sucks...

First MateOriginal Crew641 postsSince 2019
movetheboat

[SIZE=7]IMF Says Great Lockdown Recession Likely Worst Since Depression[/SIZE]
By
[Eric Martin]('https://www.bloomberg.com/authors/AOaOh6XkAJY/eric-martin')
April 14, 2020, 8:30 AM EDT
Bloomberg - Are you a robot?

CommodoreOriginal Crew12,530 postsSince 2018
CELLFISH
CELLFISHFREE2020#743

Goldman Sachs says $$$ market has hit bottom, Cha Ching... cellie...

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... sand under my bare feet is better than subway steps with steel toe boots on... cellfish...
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CommodoreOriginal Crew18,289 postsSince 2019
movetheboat

I guarantee you Goldman SUCHS is selling into this rally

CommodoreOriginal Crew12,530 postsSince 2018
CELLFISH
CELLFISHFREE2020#745

so VOLTAR speaks, +15% more to go... cellie...

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... sand under my bare feet is better than subway steps with steel toe boots on... cellfish...
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CommodoreOriginal Crew18,289 postsSince 2019
dsedy
dsedyFREE2020#746

I guarantee you Goldman SUCHS is selling into this rally

Never trust the Giant Squid GS!

CommodoreOriginal Crew5,100 postsSince 2019
wader
waderFREE2020#747

***[SIZE=4]HOLY SHIT!!!!!!!!

[URL unfurl="true"]https://www.marketwatch.com/story/estee-lauder-borrows-full-15-billion-under-revolving-credit-facility-suspends-dividend-2020-04-15?siteid=yhoof2&yptr=yahoo[/URL][/SIZE]***

[SIZE=3]Estee Lauder Cos. [EL, -3.03%]('https://www.marketwatch.com/investing/stock/EL?mod=MW_story_quote') said Wednesday that it has taken a number of measures in light of the coronavirus pandemic, including borrowing the full $1.5 billion available under its revolving credit facility. The beauty company has also suspended its dividend, issued $700 million in 2.6% senior unsecured notes that mature in 2030 and furloughed employees. From May 1 through October 30, Executive Chairman William Lauder and Chief Executive Fabrizio Freda will have their salaries halved, the executive leadership team will cut their salaries by 30% and other members of management will cut their salaries by 10% to 20%. Leonard Lauder, chairman emeritus, and Ronald Lauder, chairman of Clinique Laboratories, LLC, will have their pay cut nearly entirely. And the board will forego compensation until November. Estee Lauder says stores across Asia are reopening though those in other parts of the world and travel retail outlets remain closed or curtailed. And Estee Lauder has taken philanthropic steps, including a donation of two million surgical masks to frontline workers. Estee Lauder stock was down 1.2% in premarket trading and down 1.3% over the past year. The S&P 500 index [SPX, -2.68%]('https://www.marketwatch.com/investing/index/SPX?mod=MW_story_quote') has slipped 2.1% over the last 12 months. [/SIZE]

"Well, it's alright.
.............even if you're old and gray."
"Well, it's alright.
............you still got something to say."
AdmiralOriginal Crew20,900 postsSince 2018
CELLFISH
CELLFISHFREE2020#748

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... sand under my bare feet is better than subway steps with steel toe boots on... cellfish...
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CommodoreOriginal Crew18,289 postsSince 2019
wader
waderFREE2020#749

***[SIZE=4]HOLY SHIT!!!!!!!!

[URL unfurl="true"]https://www.marketwatch.com/story/estee-lauder-borrows-full-15-billion-under-revolving-credit-facility-suspends-dividend-2020-04-15?siteid=yhoof2&yptr=yahoo[/URL][/SIZE]***

[SIZE=3]Estee Lauder Cos. [EL, -3.03%]('https://www.marketwatch.com/investing/stock/EL?mod=MW_story_quote') said Wednesday that it has taken a number of measures in light of the coronavirus pandemic, including borrowing the full $1.5 billion available under its revolving credit facility. The beauty company has also suspended its dividend, issued $700 million in 2.6% senior unsecured notes that mature in 2030 and furloughed employees. From May 1 through October 30, Executive Chairman William Lauder and Chief Executive Fabrizio Freda will have their salaries halved, the executive leadership team will cut their salaries by 30% and other members of management will cut their salaries by 10% to 20%. Leonard Lauder, chairman emeritus, and Ronald Lauder, chairman of Clinique Laboratories, LLC, will have their pay cut nearly entirely. And the board will forego compensation until November. Estee Lauder says stores across Asia are reopening though those in other parts of the world and travel retail outlets remain closed or curtailed. And Estee Lauder has taken philanthropic steps, including a donation of two million surgical masks to frontline workers. Estee Lauder stock was down 1.2% in premarket trading and down 1.3% over the past year. The S&P 500 index [SPX, -2.68%]('https://www.marketwatch.com/investing/index/SPX?mod=MW_story_quote') has slipped 2.1% over the last 12 months. [/SIZE]

in 2008 EL just froze wages for a year - no layoffs or furloughs - this is seriously hurting them to do this

"Well, it's alright.
.............even if you're old and gray."
"Well, it's alright.
............you still got something to say."
AdmiralOriginal Crew20,900 postsSince 2018
D

I'm thinking that when this is over the market is going over 30K real quickly. I'm hoping national pride will accelerate things like improving infrastructure strengthening our economy as a whole and basically kicking ass and taking numbers.

It is just rough right now for those recently retired or real close. I think others will be just fine.

"The deer hunter habitually watches the next bend; the duck hunter watches the skyline; the bird hunter watches the dog; and the non-hunter does not watch." Aldo Leopold
"Many men go fishing all their lives without knowing it is not the fish they are after." Henry David Thoreau
First MateOriginal Crew693 postsSince 2019
Capt13
Capt13FREE2020#751

There is nothing like a good crisis to make money in the stock market ........

8-)

“The greatest things ever done on earth have been done little by little"
CaptainOriginal Crew2,530 postsSince 2018
movetheboat

cha-ching!!!! Happy days are here again!!!!!

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CommodoreOriginal Crew12,530 postsSince 2018
movetheboat

It is just rough right now for those recently retired or real close. I think others will be just fine.

they should have already have made their money and have at most 25% exposure to stocks. My retirement acct at the worst was still UP 3% for the year. We had a good fire sale...but the sale is over and the market is overvalued again.....I'm off today and will be unwinding my recent positions and sit back and watch.

CommodoreOriginal Crew12,530 postsSince 2018
movetheboat

Oil today is not verifying this return to normal...WTI is down another 7% to 18.31 a barrel (WOW)

They have no where left to store it and are still pumping

CommodoreOriginal Crew12,530 postsSince 2018
Roccus7
Roccus7MODnoreaster.com2020#755

Oil today is not verifying this return to normal...WTI is down another 7% to 18.31 a barrel (WOW)

They have no where left to store it and are still pumping

Holy Crap!! When's the last time we've seen less than $20 per barrel oil?

Shall I go to heaven or a-fishing? - H. D. Thoreau
Veni. Vidi. Cepi. - with apologies to Gaius Julius Caesar
AdmiralOriginal Crew21,717 postsSince 2018
CELLFISH
CELLFISHFREE2020#756

Bloomberg news Guest, the lows will be tested again... cellie...

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... sand under my bare feet is better than subway steps with steel toe boots on... cellfish...
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CommodoreOriginal Crew18,289 postsSince 2019
JoeBfishing

Imma buying up pork bellies... for when then open up breakfast joints again .39 per pound!!! BACON!!!

CommodoreOriginal Crew5,902 postsSince 2018
cany
canyCOMMUNITYnoreaster.com2020#758

Imma buying up pork bellies... for when then open up breakfast joints again .39 per pound!!! BACON!!!

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General cany, Watching always Watching
CornField
AdmiralOriginal Crew41,107 postsSince 2018
movetheboat

Oil total collapse!! spot market MAY 12.45 BARREL.....1999 PRICES

CommodoreOriginal Crew12,530 postsSince 2018
movetheboat

DOW futures down over 400 points

CommodoreOriginal Crew12,530 postsSince 2018

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