{"id":2699,"date":"2020-09-02T21:42:17","date_gmt":"2020-09-03T01:42:17","guid":{"rendered":"https:\/\/anyakelly.com\/soj\/?p=2699"},"modified":"2020-09-02T21:42:19","modified_gmt":"2020-09-03T01:42:19","slug":"stock-market-reporting-midweek-9-2-20","status":"publish","type":"post","link":"https:\/\/anyakelly.com\/soj\/2020\/09\/02\/stock-market-reporting-midweek-9-2-20\/","title":{"rendered":"Stock Market Reporting Midweek 9\/2\/20"},"content":{"rendered":"\n<p>September 2, 2020 20:25 NYDT &#8211; The DOW JONES Industrial composite index is heading for an overnight correction in after hours trading after riding high on gains for another straight day in a row. The most prominent stock that is having a measurable effect on the DOW is Zoom Communications, Inc. (ZM). <br><\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" src=\"https:\/\/anyakelly.com\/soj\/wp-content\/uploads\/2020\/09\/B1A27AC1-7591-4906-A372-BCC8034B3B8B-1024x715.png\" alt=\"Zoom-9-2-20\" class=\"wp-image-2701\" width=\"577\" height=\"402\" srcset=\"https:\/\/anyakelly.com\/soj\/wp-content\/uploads\/2020\/09\/B1A27AC1-7591-4906-A372-BCC8034B3B8B-1024x715.png 1024w, https:\/\/anyakelly.com\/soj\/wp-content\/uploads\/2020\/09\/B1A27AC1-7591-4906-A372-BCC8034B3B8B-300x210.png 300w, https:\/\/anyakelly.com\/soj\/wp-content\/uploads\/2020\/09\/B1A27AC1-7591-4906-A372-BCC8034B3B8B-768x536.png 768w, https:\/\/anyakelly.com\/soj\/wp-content\/uploads\/2020\/09\/B1A27AC1-7591-4906-A372-BCC8034B3B8B-1536x1073.png 1536w, https:\/\/anyakelly.com\/soj\/wp-content\/uploads\/2020\/09\/B1A27AC1-7591-4906-A372-BCC8034B3B8B-2048x1431.png 2048w, https:\/\/anyakelly.com\/soj\/wp-content\/uploads\/2020\/09\/B1A27AC1-7591-4906-A372-BCC8034B3B8B-1170x817.png 1170w\" sizes=\"(max-width: 577px) 100vw, 577px\" \/><\/figure>\n\n\n\n<p>The stock price for Zoom (ZM) has soared 374% over the past year, making it hard for analysts to get an accurate reading on its true valuation. Its revenues soared to above 65% in the past month. Today in trading, the stock price was up over 35% what it was yesterday. <br><\/p>\n\n\n\n<p>Given that the aggregate P\/E ratio for the Telecom Communications industry is in the double digits, and Zoom (ZM)\u2019s P\/E ratio is 1821, it will be awhile before investors are truly comfortable investing in its stock price <a href=\"http:\/\/www.nyse.com\">@nyse<\/a>.<\/p>\n\n\n\n<p><a href=\"http:\/\/www.nytimes.com\">@nytimes<\/a><\/p>\n\n\n\n<p>#thehumanwill #waitandsee<\/p>\n","protected":false},"excerpt":{"rendered":"<p>September 2, 2020 20:25 NYDT &#8211; The DOW JONES Industrial composite index is heading for&#8230;<\/p>\n","protected":false},"author":1,"featured_media":2700,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[9],"tags":[],"jetpack_featured_media_url":"https:\/\/anyakelly.com\/soj\/wp-content\/uploads\/2020\/09\/641C09B0-1550-40C9-B3BC-3FDE0CCDBDDC.png","_links":{"self":[{"href":"https:\/\/anyakelly.com\/soj\/wp-json\/wp\/v2\/posts\/2699"}],"collection":[{"href":"https:\/\/anyakelly.com\/soj\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anyakelly.com\/soj\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anyakelly.com\/soj\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/anyakelly.com\/soj\/wp-json\/wp\/v2\/comments?post=2699"}],"version-history":[{"count":1,"href":"https:\/\/anyakelly.com\/soj\/wp-json\/wp\/v2\/posts\/2699\/revisions"}],"predecessor-version":[{"id":2702,"href":"https:\/\/anyakelly.com\/soj\/wp-json\/wp\/v2\/posts\/2699\/revisions\/2702"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anyakelly.com\/soj\/wp-json\/wp\/v2\/media\/2700"}],"wp:attachment":[{"href":"https:\/\/anyakelly.com\/soj\/wp-json\/wp\/v2\/media?parent=2699"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anyakelly.com\/soj\/wp-json\/wp\/v2\/categories?post=2699"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anyakelly.com\/soj\/wp-json\/wp\/v2\/tags?post=2699"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}