Best to not try to time the market and it's "floor". I bought some DIS at 90 and have some planned if it reaches 75. Buy a little bit, and see if it goes lower.
Stock Market Watch |OT| I've stocked up on market watches, what now?
- Thread starter Mr.Awesome
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Noone knows. But if there isn't more positive news there's high chance market will go even lower.
Even if there's positive news, negative news is right around the corner and plainly visible.
Cinemark Shares Surge 73%, Imax, AMC Ent., National Cinemedia Jump On Bailout Hopes As Market Noses Higher
Imax stock rallied as market fell more than 2% despite massive commitments by governments to prop up economies from coronavirus fallout.
deadline.com
Nintendo stock has been extremely resilient during this, and appropriately so in my opinion. But it's interesting to see reality reflected for a moment - even if it is more psychology around everyone wanting switches maybe?
Isn't this a bull trap by definition? This week reacted nearly the same as last week. A few more pumps and then a bloody Monday next week.
The cases will rise, peoples will lose their jobs, vaccine is far away. I don't see anything else else than the market going down.
Édit: i guess you're right.. so many terms for market curves lol
People buying a discount before they even see their blood bath of earnings after having to close.Cinemark Shares Surge 73%, Imax, AMC Ent., National Cinemedia Jump On Bailout Hopes As Market Noses Higher
Imax stock rallied as market fell more than 2% despite massive commitments by governments to prop up economies from coronavirus fallout.
Coronavirus is expected to peak in 45 days. By September things will be back to normal. Disney will still control the biggest entertainment brands in the world.
I was looking for a raw material company to invest in and think I found one in Southern Copper (SCCO). Checked a couple days ago and saw the price wasn't exactly a reflection of the absolute craziness that's been going on (i.e. it was up.)
Thing is, I've been looking at AT&T (T) a lot longer and the drops have made it super attractive to me (even more so than usual). I'm probably still leaning towards AT&T, but I'm actually torn on what I should get.
Thing is, I've been looking at AT&T (T) a lot longer and the drops have made it super attractive to me (even more so than usual). I'm probably still leaning towards AT&T, but I'm actually torn on what I should get.
They do control a ton of entertainment. However: how long until consumers are going to movies in public movie theaters in droves again? How long until consumers are confident in taking their children to public parks? These are the questions that make Disney a risk in the medium term. Long term, you'd probably be okay, but there's a good chance you can get DIS at a lower price in the coming months.
I'm thinking of buying AMD and Starbucks. What do you all think? it would be long term Thinking 5 years at least.
DIS will definitely improve in the years to come. Maybe not to 150 again for a long time, but I think you can count on them reaching 120 again in the next 3 or 4 years. So if you can stock up at 80 or perhaps even 70 I think that's a good value.
Half my FB feed complained when AMC closed, and I can see 20+ families at the park across the street right now on a workday during work hours. I think people recover pretty quick ASSUMING this shit doesn't get super scary and everyone loses a family member or two.
You don't need to wait for a vaccine to re-open the economy. You just need antivirals to lessen the strain on the healthcare system to whatever is considered an acceptable level, and there are already reports of promising antivirals.
Due to quad witching, it's most likely that there'll be a pump up today/tomorrow. Could fall next week so you could hold off until next week if you want to get closer to bottom.
Also things will move fast when good/bad news comes out so I don't know how realistic it is to try to time any of this. I think most people who are liquidating their retirement accounts are just gonna stay away for 6-12 months.
Also things will move fast when good/bad news comes out so I don't know how realistic it is to try to time any of this. I think most people who are liquidating their retirement accounts are just gonna stay away for 6-12 months.
Well, it seems like the market has finally realized these chucklefucks are completely incompetent.
Smart way to do it imo. If you are constantly watching every time there's a dip it makes makes you antsy that you're missing an opportunity, which is probably going to lead to bad decisions. Best to stay steady. I'm waiting til April 1 before any more purchases.
Imagine AMC surviving this and owning thousands of shares. That's a high risk move, but certainly thinking about it. Need to take a look at their 10-K and see how their balance sheet looks and watch this again: https://youtu.be/sSAuxMiSChg
There's a deeper play here I think that is going to force the power dynamic back in the favor of the studios. Theaters will continue to lose leverage. Studios want day and date theater and digital release. This will only help their motivation.
bought 6 shares of Disney when it was $80. I'm so glad. I DCA. I wanna buy 2 more of Microsoft to have more. I wanna but some Amazon or Alibaba or VTI... ugh money is tight lol.
Tomorrow it'll be more fun
Tomorrow it'll be more fun
This press conference is a disaster. Plenty of time left in the day.
No worries, I sold at the top. Gonna buy some calls EOD for the short squeeze tomorrow.
Just look at them as long term wagers.
put - You profit if stock gets lower than your put on agreed date.
call - You profit if stock gets higher than your call on agreed date.
Already ahead of you. I've had price alerts set up for Tesla at $350 and Disney at $75 for a few days
I have to say I'm impressed that you identified what the "top" was quickly enough to sell.
Yeah - this market stability is what the Trump admin has been fighting for. Daily reports, overpromising.
Right now, market is simply gonna wait and see how various parts of the business sector is gonna react to this new economic reality
Right now, market is simply gonna wait and see how various parts of the business sector is gonna react to this new economic reality
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