It's the beginning of the health conscious market. Fake "healthy" food that imitates unhealthily food. Huge upside if no health concerns on mass scale. Next up... tofu that tastes, feels, and smells like cookies and brownies!
Well if you are a long term buy and hold kind of person there looks like some opportunities out there. Boeing @ $285 is interesting because Max 737 approval should be within 3 months. UNH @ $250 looks nice because even with a Sanders presidency no way Medicare for all passes through Congress. Probably still not the time to go all in. But maybe scale back in slowly.
There’s no way I would buy right now. I’d wait about two more weeks. This obviously will get to some degree worse before it gets better.
This is market correction at it's most obvious. A moment of clarity for a market that has been drunk for a year.
I am waiting to see if it drops a little bit more. I bought MSFT at 135 last year and it peaked at 187? but it's taking a beating now. Going to have to weather it out. I am prepping some cash to go in on AAPL and maybe BOEING.
Added a bit of ADBE. Trying to be disciplined, tempting to buy more, but macro is too hard to predict.
things haven't been going too well this weekend, so we'll see. i'm mainly using it to hedge my S&P funds, i'm not that crazy
Any of y’all in on these pharma’s working on a vaccine? I’ve got a couple thousand on TNXP and shorted IBIO last week for some house money. CODX has a nice run last week for quick profits..
Right, I could see it go either way, but with product delays I'm still thinking there will be a few dips. I definitely think hedging is a good strategy. I think this time stocks are going to be hit more than normal due to the global impact on the economy, at least that is my guess since concerns/cases on Corona haven't peaked yet.
Yeah, I've been thinking about this, not only for vax but also medical supplies seeing shortages/high demands. I've been thinking during this those will see higher returns, assuming that they have product. Man if you got in on CODX and out for a quick return, that was a nice catch! I was mainly focused on avoiding/limiting losses last week, when I probably should have been thinking about medical stuff sooner. Like I had feeling this was going to hit, especially with how reliant companies are for China (buying/making/shipping). Of course some people downplayed it, but I mean it was pretty clear... That this was different.
