Only have to see the huge swings for RCL and CCL to know the amateurs are out in full force and big players are riding their naive optimism, waiting for a moment to sell (these sell offs will start the beginning of the second drop when true bottoms are established). Only way it changes is if the miracle vaccine comes about in the next 2 months, instead of the next 18.
Man that's a nice entry on 79, and that's a good value trade as long as it goes back down (which it is right now). you just move on to the next trade or re-enter, haha it's a lot better move you made than what I did today... so just keep making profit where you can.
Went short SPY with SH. Think we have a little more downside. I do like this chart of upcoming potential good and bad news.
I bought it around $100 years ago, rode it up to $400+, dropped it a few days ago around $200. When it was in the $90's I thought about buying back, but bought more BAC instead and left the rest in cash. lol. Stupid thing went up just because they said the 737 Max may go back into production in May, which was already known. They just keep pushing the date back every few months anyway. Crazy.
LOL. Looks like this thing went up from $2 to $20 in about a month or two, except ... it's the wrong stock. Tells you about some of the people buying stocks. Don't confuse ZM with ZOOM : Zoom Technologies Trading Suspended After Ticker Confusion https://finance.yahoo.com/news/zoom-technologies-trading-suspended-ticker-150501270.html
Logically I can't see us having hit a bottom already, but a part of me keeps thinking unlimited QE could be the golden bullet that kills all bear runs.
SOB.. haha, I mean you'll go broke not knowing tickers but this is hilarious. Hopefully some one profited (and not someone playing this like a pump on purpose), and they then took their earning (well winnings since they might as well been playing roulette) and learn how important it is to make sure you're putting your money in correctly.
It's a nice chart, but the second category - US cases peaks - seems to be the biggest guess out there. I mean absolutely we are now social distancing to an extent, but we absolutely didn't start consumer panic or social distancing in February... so not sure why we'd be so relative close to peak (as in already in the potential peak window).... it's not like we're doing China-esque or even Italy-esque quarantine measures everywhere.
if it's 6 more trillion, maybe then I think the market is waiting on Corona to end by summer start , May's earnings will effect the market outlook long term impact
Bought LULU thinking it would make a run like NIKE after the earnings report. Well earning reports beat estimates but they didn't provide any guidance for the next report....soooooo now I am a little bit in after hours. Fingers crossed it bounces back up tomm so I can get out.
I bought abunch of Tencent at $47, some Disney at $88, and some Boeing at $100 (wish I bought more). I plan on unloading around half tmrw as long as the market doesn't crash beforehand. My gut tells me we're still due for at least one more dip as more cities start getting overwhelmed by patients. California has 57K pending tests so you know people are going to freak out when the number of positive cases spike from those results.
