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Economy

Hugin

(33,111 posts)

5. What leaves me curious, progree.

Reply to progree (Reply #4)

Thu Sep 3, 2020, 03:04 PM

Sep 2020

Is if you look at the gainers during one of these events.

Right now it's Carnival Cruise Lines (CCL) @ 17.64 +5.57% 1,956,494.

Definitely, not a COVID hard stock.

Why is it so far up on today of all days?

It's been like this since March. A big fall, money dumped into an unlikely bin. Sometimes it's the cruise lines, others it's the airlines, or oil service companies.

Do you have any insights? Is it because of a potential vaccine? I find that hard to believe.

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STOCK MARKET WATCH - Thursday, 3 September 2020 [View all] Tansy_Gold Sep 2020 OP

Well, it looks like the RNC convention is over and the big boys are 'profit taking' today. Hugin Sep 2020 #1

I suspect they'll figure a way to keep it going through Nov. 3. /nt progree Sep 2020 #2

Maybe. Hugin Sep 2020 #3

U made me look. Dow down 792 (-2.72%), S&P 500 down 124 (-3.46%) (down 1007 pts in Dow equivalent progree Sep 2020 #4

What leaves me curious, progree. Hugin Sep 2020 #5

I have no idea. But saw an interesting article yesterday progree Sep 2020 #6