Well, unless you can understand the gibberish (to me) that T0M is posting in this thread, that shit is waaaaaay above my head
Godspeed, T0M!
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Stock Market Watch |OT| I've stocked up on market watches, what now?
- Thread starter Mr.Awesome
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Godspeed, T0M!
I agree that it won't take decades, but there will be a huge economic fallout for months or even years.
I don't think the 750bn € package is supposed to target stock market?
well we dont know what the actual economic damage is. the markets are predicting pandemonium right now. the service industry will take a huge hit. lots of restaurants, musicians, event planners etc. will got bankrupt. travel industry probably as well.
But they will find jobs and restart. some may not but I hope most do
Yah, it's permanent lost income for them, but I know plenty of people that will be sooooo anxious to go to a concert again, go eat, travel, etc. It'll likely surge.
Take a break, man. I did it on political threads a while back and it's been great.
the people that truly live chrck to check will be hurting for awhile even if a job comes but I hope not.
When a company's stock value hits $0, does that effectively put them out of business? If so, how? It's not like assets and other properties suddenly disappear.
If we lose any big companies from this disaster my vote is Boeing. Bailing them out would be a disgrace IMO.
Normally I'd love to buy such a stock so cheap, but I'm honestly not sure IF / how long it will take Boeing to recover from the Max scandal and the COVID-19 situation.
The pride and joy of US aviation technology is going to get a bailout and all the government support money can buy.
I'm just curious about when the best time to buy in is.
Companies face de-listings when share price drops below certain values, usually $1 on exchanges like the NASDAQ and NYSE ... they can basically keep doing reverse splits to jack up the share price.
The company is effectively out of business when they're out of money and their lenders come knocking on their door.
After yesterday's rout all of my outstanding buy orders have went through. Not really seeing a rush to bring in more of my sidelined capital into the market. Just watching everyday, looking at 10Y charts and making mental notes of level where I can't "not buy" certain stocks. I was maybe 40% on the sideline just before the 2018 crash, and 80% on the sidelines last november. I'm about 50% back in now.
How does the person filming this stay so calm? Did he push the vacuum cleaner?
It was filmed by a cat and yes I'm pretty sure it pushed it.
Was reading an article about this the other day where Japan was given as an example of a country where "helicopter drops" (central bank printing money) might work well, since Quantitative Easing didn't seem to be stimulating the economy.
But if anything, isn't Japan's quality of life better than the US by many metrics? I don't necessarily think we should completely tie economic growth to how successful a society is.
Scrolled down to see this while the Mario slide music from above was stilling playing.
Well, you scared me out of keeping TSLA long term, so I just dumped what I had for a pretty fast gain at $400.
And... it's already at $428 lol
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I think my overall plan is to stay fully out and keep close attention to antiviral and vaccine developments, and when it seems like we hit a stage where that shows some promise I'll enter back into the market spread out over a period of 6-10 months with equal parts each time. Since knock-on effects will follow economically from this, I can imagine us getting a slight hype boost from any news on a cure or a path back to societal normalcy, but then unemployment numbers and quarterly earnings are gonna keep coming. I'm solely investing in mutual funds FYI, even if I might start to dabble in some value stocks in the rubble after all this.
Any day to day movement right now is essentially pointless to pay attention to unless you're T0M, or out of morbid curiosity and enjoying seeing Trump trying to fend off this weakness.
Any day to day movement right now is essentially pointless to pay attention to unless you're T0M, or out of morbid curiosity and enjoying seeing Trump trying to fend off this weakness.
Don't usually give that type of advice, but yeah, 250 and below wasn't that long ago... I wouldn't be touching that long term in this situation. You made some decent quick money. If it drops a lot more it'd be a safe investment.
What's caused every other spike? People see a low, think everything's blown over or that we're near the bottom, buy and then find out that, no, that was a dead cat.
With Friday coming around I think we might see two positive days in a row.
Bought 20 shares at $137 yesterday, feel pretty good about that price since I'm planning on holding long term. Gonna buy more of that and some ETFs over the next couple months assuming things keep dropping. Luckily I have a good amount of cash to take advantage of this.
Tried reading about puts calls etc but that shit is way too advanced for me.
Who knows really. Huge amounts of global stimulus, promising antivirals news, people see bargains for long term buys, quad witching tomorrow, etc.
Msft is a safe buy.
TWTR is a safe buy.
Geo is a safe buy.
DIS price Target 60.
Remember to hold cash and buy the survivers in the hospitality and travel markets.
TWTR is a safe buy.
Geo is a safe buy.
DIS price Target 60.
Remember to hold cash and buy the survivers in the hospitality and travel markets.
Oversold environment, people with spy puts in the money covering, some selling exhaustion from the past month, and bulls defending the Dec 2018 low on sp500 are my four guesses. There are zero fundamentals for traders in this current market so it is likely just trading on technicals.
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