I have to say I'm impressed that you identified what the "top" was quickly enough to sell.
Don't be, it's mostly dumb luck. I actually bought my calls at open and was down over $1k before the Trump pump happened.
I have to say I'm impressed that you identified what the "top" was quickly enough to sell.
Just curious, if SPY is still up ~2% near close, you're still going through with buying more calls?Don't be, it's mostly dumb luck. I actually bought my calls at open and was down over $1k before the Trump pump happened.
Just curious, if SPY is still up ~2% near close, you're still going through with buying more calls?
Only reason TSLA was at 900 before was because of Musk hype in the first place. It is totally a psyche thing. Over-inflated stuff tends to go down faster, though. Which we've already seen.Stock market feels like a real window into the american psyche. Just absolute mood swings day to day.
+20% for TSLA? Why because Elon talked shit that he could make ventilators?
Stock market feels like a real window into the american psyche. Just absolute mood swings day to day.
+20% for TSLA? Why because Elon talked shit that he could make ventilators?
It will no doubt be down next monday again.Assuming the US follows the trend of other countries with corona virus cases and deaths the market is probably going to go down again in a few days to a week once cases and deaths skyrocket.
Damn, that sucks for his family. 34 is young.It will no doubt be down next monday again.
I'm also guessing it will be up tomorrow as trump will do something 30 minutes before market close to try to boost it up again just to have happy numbers for the weekend.
just saw that someone who was at disney world died
34-year-old Passes Away From Covid-19 After Recent Visit To Disney World & Universal Studios - Inside the Magic
34-year-old Jeffrey Ghazarian passed after visiting the Walt Disney World Resort and Universal Studios Orlando in Florida from Covid-19.insidethemagic.net
should be interesting what disney does tomorrow.
Reality is setting in with the infected number reports.
He's not holding back at all. Calling for military mobilization and asking for Trump to direct manufacturing now under the Defense Authorization Act. 2-3 weeks away from NYC hospitals running out of needed supplies.Deblasio looks like he's about to cry :/
Eyewitness News Live Streaming Video
Watch live streaming video on abc7ny.com and stay up-to-date with the latest Eyewitness News broadcasts as well as live breaking news whenever it happens.abc7ny.com
Over the course of of like an hour? What changed?
After hours the S&P plunged to down 2%
Just wait until March unemployment numbers come in on the 3rd if you really want to see the market go down.Assuming the US follows the trend of other countries with corona virus cases and deaths the market is probably going to go down again in a few days to a week once cases and deaths skyrocket.
The crazy thing is that these sort of swings feel very commonplace now. "Only 2%" went through my head reading that.
I think I saw the headline in the last hour of trading. But yeah, all of the above probably contributed to some amount of panic.Maybe the advisory? Did it get pushed right after market close?
Global Level 4 Health Advisory – Do Not Travel
travel.state.gov
Anything not tanking is worth holding rn imoMy Zoom stock has now doubled...sell or hold? They obviously have a lot of upside as a result of this situation.
Sell, like with slack, and buy msft, Google, or AMZN.My Zoom stock has now doubled...sell or hold? They obviously have a lot of upside as a result of this situation.
My personal policy is to sell when a 100% profit is reached. Unless it's a small company you believe in or something like that. For Zoom I would sell.My Zoom stock has now doubled...sell or hold? They obviously have a lot of upside as a result of this situation.
Personally, I sell in halves to quarters at marks like that. That way you're not kicking yourself for not selling or for missing out on a new high.
just reading about that now, man talk about insider tradingSure wish we had all the info burr had so we could have dumped stocks also!
So basically when you double your profit. But do you factor in the tax on ordinary income? (I assume that for a lot of people in this thread, they are recognizing short term capital gains off these moves)My personal policy is to sell when a 100% profit is reached. Unless it's a small company you believe in or something like that. For Zoom I would sell.
If Trump doesn't call for a waaayyy bigger stimulus tomorrow, the markets going to get crushed.
I'm not selling and cashing out, I'm selling and re-investing in a different stock. Is that taxed differently?So basically when you double your profit. But do you factor in the tax on ordinary income? (I assume that for a lot of people in this thread, they are recognizing short term capital gains off these moves)
Note that those without tax liability only get $600. Which means, the poor are getting half of what people with tax liability under 75k are. Also, note that this is based on 2018 tax returns. So, if you just entered the workforce in the last year, you're fucked.
While the stock market is typically a leading indicator of the economy — it tends to peak before the onset of an economic recession and bottom before an economic recovery — the unique nature of the ongoing COVID-19 epidemic has made forecasting an eventual stock-market recovery particularly difficult.
Despite the cascade of negative headlines as increased coronavirus testing capacity reveals the extent of the outbreak in the U.S., some analysts are arguing that the equity market may have already begun a bottoming process, and that equity prices are nearing their most attractive levels.
Jeff DeGraaf, founder and chairman of Renaissance Macro Research wrote in a Thursday note to clients that he sees evidence of investor sentiment reaching such low levels as to be a contrarian indicator that points to attractive equity returns over the next three months.
As the chart below shows, investor sentiment, according to an Investors Intelligence survey, has fallen into the bottom 10th percentile of readings, which has been a good indicator of market rallies during the past decade.
People should be getting $3,600 month, per person?Its way too small given the scale of the problems caused by COVID. Needs to be like 3X that much.
No?
That isn't per month, that is just a one time payment.