I dont know about that, the virus controls the narrative, things will get worse day after day, week after week for another 2 months.This finally feels like the mass panic capitulation day the market needs to finally reach its near term bottom.
Im not buying at the moment but anyone who sells now will probably regret it unless they are trading heavilyI dont know about that, the virus controls the narrative, things will get worse day after day, week after week for another 2 months.
Today is about oil, for the most part. So in a game of chicken between the Saudis and Putin, who blinks first? Logically I would say Putin, as the Saudis have more wealth. But we are talking about a giant egomaniac in Putin. He may not want to be perceived as the loser in a game of chicken.
I pulled out about 40% in late feb, obviously i wish I did more, the trick is getting back in at the right time.Im not buying at the moment but anyone who sells now will probably regret it unless they are trading heavily
If we listened to you 2 years ago, we would all be dead by now. You want all of these illegals with fleas and disease in the country. Let’s make all states like California.His goose is cooked. Instead of waiting until Nov. he should resign now.
Come Jan. 2021 all these Trumpers need to be prosecuted. Trump, Barr, Devos, Ross, Mnuchin, Kudlow, Pompeo, McConnell and Wife, Stephen Miller, Jared and Wife.
If we listened to you 2 years ago, we would all be dead by now. You want all of these illegals with fleas and disease in the country. Let’s make all states like California.
One analyst said this morning the oil industry and related industries in the US will be feeling this for 2- 3 years
Good stuff Valuist. Fully admit the tech bubble could of gone up another 20% it was that crazy. I was just very leery and when I couldn't sleep anymore wondering about tomorrow I sold. That's what I was taught.
Fortunately for me I can park the money in totally safe crappy paying stuff and still make money. I am a trader though and like you I have to fight the urge. Right now it's easy as I have never dealt with pandemic stuff. I'm a very prudent investor as opposed to the chasing crappy gambler that's in me. So I'm in no rush.
I think REITs look really attractive, but as the saying goes can't try to catch a falling knife, going to give it some time but that's where I'm going to focus putting money to work. Other than maybe the malls/retail, I don't see how they are longer-term negatively impacted by the virus and its follow on. Much lower interest rates now and the safe haven view of the US should play out very well. If this stock rout gets worse, the mom and pop investor will gravitate towards real estate again, just like they did post tech bubble and 9/11.
I see a Netflix down $18 or so today. If a company should benefit from any sort of quarantine at all, self imposed or not, I would think it would be Netflix.
I heard some really stupid advice just now. "Go out and buy Peloton because everyone is afraid to go to the gym". Yes, lets pay $55 A MONTH for a stationary bike. First off, not every single individual is going to catch this virus. And people who go to gyms tend to be in better shape and better overall health. So let's not work out and potentially weaken our bodies with virus germs in the area. Really, really dumb thinking.