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Mad Poets Weekly Market Report

By: Zimbler0 in POPE 5 | Recommend this post (0)
Mon, 13 Apr 20 2:52 AM | 26 view(s)
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Msg. 58659 of 62138
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A very very nice week for those who like to see the stock
markets going up. The only things I own some of that did
not go up, were Proctor & Gamble (PG) and Campbells (CPB).

And, the bond funds also went up.

An interesting equity was EMN. (Eastman Chemical.)
It went up from $45.09 to $59.71 Up, what, 30%?
Just don't get too excited - according to my graph
EMN spent much of 2019 just under $80 a share.
Then this year the coronavirus struck and it plummeted
from somewhere around $75 a share to $40 . . .

Overall, my portfolio dropped somewhere around 20% . . .
Since its peak late last year. Now I see about half
that loss has come back.

Overreaction? Reaction to the federal coronavirus
stimulation program?

Zim.




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Mad Poet Strikes Again.


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