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Tansy_Gold

(17,817 posts)
Mon May 4, 2020, 08:56 PM May 2020

STOCK MARKET WATCH - Tuesday, 5 May 2020

STOCK MARKET WATCH, Tuesday, 5 May 2020



Previous SMW:
SMW for 4 May 2020





AT THE CLOSING BELL ON: 4 May 2020


Dow Jones 23,749.76 +26.07 (0.11%)
S&P 500 2,842.74 +12.03 (0.42%)
Nasdaq 8,710.72 +105.77 (1.23%)

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Market Conditions During Trading Hours:

Google Finance
MarketWatch
Bloomberg
Stocktwits
Yahoo International
CNN Money Premarket

(click on links for latest updates)


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Currencies:







Gold & Silver:



Petroleum:



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This thread contains opinions and observations. Individuals may post their experiences, inferences and opinions on this thread. However, it should not be construed as advice. It is unethical (and probably illegal) for financial recommendations to be given here.

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STOCK MARKET WATCH - Tuesday, 5 May 2020 (Original Post) Tansy_Gold May 2020 OP
P/E ratio is now higher than it was at it's Feb. 19 all time high progree May 2020 #1
What did they think would happen? Tansy_Gold May 2020 #2

progree

(10,864 posts)
1. P/E ratio is now higher than it was at it's Feb. 19 all time high
Tue May 5, 2020, 02:58 AM
May 2020

Carson Block Says Stocks Will Sink, Valuations Make No Sense, Bloomberg, 5/4/20
https://finance.yahoo.com/news/carson-block-sees-plunge-stocks-100000799.html

After crashing into a bear market at its fastest pace on record, the S&P 500 Index has advanced about 27% from its March low. The U.S. equity gauge trades at about 20 times estimated earnings, more expensive than when the measure hit an all-time high in February.

Tansy_Gold

(17,817 posts)
2. What did they think would happen?
Wed May 6, 2020, 12:08 AM
May 2020

They threw all that free fed money out to the corporations. A trillion or two dollars can boost the price of those stock buy-backs handsomely. No?

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