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83
Bd6r
2020 Mar 18, 8:58am
Bd6r
2020 Mar 18, 8:58am
junkmail says
Would you like to talk to a professional about your feewings?
Yup ppl pull the trigger NOW on your best bet. You will be rich beyond your wildest dreams. It’s not like China is a manufacturer nation and the US is a service/consumer nation. After weeks/months of the US being weaned off consumerism and told to refrain from the service industry... the U.S. won’t go back to spending like banshees, throwing money around like confetti and living the flaunty lifestyle and priming the pump.
It’s over ppl. It was a massive bubble and it met the most giant ‘cocking-fucking pin’ in history. You think you are hard enuff to call this. You’re not... because u asking for investment advice on this polarized, basement-dweller, triggered-troll forum. Stop with the stupid political 1-up man-ship. Grow up. This forum has become a fucking travesty. Congratulations! YOU made it that way. I hope your pension/401K goes to zero. Your bickering, blue/red focus on stupid shit and not watching the big picture is what is wrong with this country. Not Trump... not Obama...
Would you like to talk to a professional about your feewings?
84
zzyzzx
2020 Mar 18, 11:05am
zzyzzx
2020 Mar 18, 11:05am
Check out some of the casino stocks! Fire sale prices! CZR
$3.23 -1.87/sh (-36.6667%)
$3.23 -1.87/sh (-36.6667%)
87
alpo
2020 Mar 18, 12:25pm
I mean if everyday dow drops by 10%, then we will never go down to zero. I bought $2000 worth of VOO yesterday.
89
EBGuy
2020 Mar 18, 5:35pm
Anyone tempted to buy SLV (or for that matter, silver bullion)? The gold/silver ratio is way out of whack. As always, a gold/silver ratio correction doesn't necessarily mean silver will rise...
90
PMack
2020 Mar 18, 6:52pm
PMack
2020 Mar 18, 6:52pm
I dont feel ready to backup the truck yet summer is coming many will cash out, sell in May and go away.
91
just_passing_through
2020 Mar 18, 9:13pm
just_passing_through
2020 Mar 18, 9:13pm
Made a CD ladder from my roth 15 months ago and it's been painful to miss out on the gains. First one to mature was today and I suddenly have 50K to play with. I'm thinking I'm going to keep the powder dry and look to pick up some of those dividend aristocrats Rin mentioned after I can figure out their debt load, assuming one can do that in short order under the current circumstances. Some debts may pop, no?
Kept me from catching a falling knife the past 2 weeks...
Kept me from catching a falling knife the past 2 weeks...
92
epitaph
2020 Mar 18, 9:27pm
epitaph
2020 Mar 18, 9:27pm
Stay out of the market for a while, at least a month imo. Keep an eye on plastics.
93
Booger
2020 Mar 19, 4:18am
Booger
2020 Mar 19, 4:18am
PMack says
I think those people have already cashed out.
I dont feel ready to backup the truck yet summer is coming many will cash out, sell in May and go away.
I think those people have already cashed out.
95
Dholliday126
2020 Mar 19, 8:26am
Dholliday126
2020 Mar 19, 8:26am
People dont get it, absent an announcement of a vaccine in the next couple weeks, this thing is going to persist for months if not a year and cause a depression.
This crisis is exposing all the lying and bullshit over the last 20 years. This will dramatically change the culture and people's perception of stability.
All will seem somewhat stable until someone huge blows up (ford, boeing) and then you will see a avalanche of defaults.
The US does not have endless money. When you see the CDS swaps for the United States start blowing out, that will be the last stage and final collapse.
Pay off all your debts, have a year of income in the bank and 3 months at home.
This crisis is exposing all the lying and bullshit over the last 20 years. This will dramatically change the culture and people's perception of stability.
All will seem somewhat stable until someone huge blows up (ford, boeing) and then you will see a avalanche of defaults.
The US does not have endless money. When you see the CDS swaps for the United States start blowing out, that will be the last stage and final collapse.
Pay off all your debts, have a year of income in the bank and 3 months at home.
96
rocketjoe79
2020 Mar 19, 8:32am
rocketjoe79
2020 Mar 19, 8:32am
Invest in Baby supply companies in a month or two, after the bottom. Because 9 months from now, there will be a baby boomlet. What else are people going to do with all their free time?
97
WookieMan
2020 Mar 19, 10:12am
WookieMan
2020 Mar 19, 10:12am
Dholliday126 says
I legitimately worry about a depression. At some point though we can't keep hiding. People will die and we'll just have to deal like we have in the distant past. Lock down the old and we can move on. Some young will die too in that process. Can't fear death. You can fucking get hit by a car tomorrow or have a gas leak and you get blown to bits. Life is an ongoing risk constantly.
People dont get it, absent an announcement of a vaccine in the next couple weeks, this thing is going to persist for months if not a year and cause a depression.
I legitimately worry about a depression. At some point though we can't keep hiding. People will die and we'll just have to deal like we have in the distant past. Lock down the old and we can move on. Some young will die too in that process. Can't fear death. You can fucking get hit by a car tomorrow or have a gas leak and you get blown to bits. Life is an ongoing risk constantly.
98
mell
2020 Mar 19, 11:34am
WookieMan says
I think the markets will stabilize and go back up as this will become the new normal until it goes away. This is still no worse than a bad flu season, people will eventually ignore measures if they become too drastic. The issue for the market is not so much the virus but the measures taken curing healthy economic activity. Mild to critical ratio is now 95/5 as more testing returns more positive results. The real ratio is probably around 99/1 or less, similar to the flu.
Dholliday126 saysPeople dont get it, absent an announcement of a vaccine in the next couple weeks, this thing is going to persist for months if not a year and cause a depression.
I legitimately worry about a depression. At some point though we can't keep hiding. People will die and we'll just have to deal like we have in the distant past. Lock down the old and we can move on. Some young will die too in that process. Can't fear death. You can fucking get hit by a car tomorrow or have a gas leak and you get blown to bits. Life is an ongoing risk constantly.
I think the markets will stabilize and go back up as this will become the new normal until it goes away. This is still no worse than a bad flu season, people will eventually ignore measures if they become too drastic. The issue for the market is not so much the virus but the measures taken curing healthy economic activity. Mild to critical ratio is now 95/5 as more testing returns more positive results. The real ratio is probably around 99/1 or less, similar to the flu.
99
Patrick
2020 Mar 19, 12:14pm
Patrick
2020 Mar 19, 12:14pm
Dholliday126 says
Maybe not. If hydroxychloroquine can really alleviate the disease as much as a French study claims, hospitals may not get overwhelmed after all.
But we should absolutely bring back Ellis Island style quarantines for all international arrivals. Even one day would help immensely. We wouldn't catch the asymptomatic people, but at least it would be a start back towards sanity.
People dont get it, absent an announcement of a vaccine in the next couple weeks, this thing is going to persist for months if not a year and cause a depression.
Maybe not. If hydroxychloroquine can really alleviate the disease as much as a French study claims, hospitals may not get overwhelmed after all.
But we should absolutely bring back Ellis Island style quarantines for all international arrivals. Even one day would help immensely. We wouldn't catch the asymptomatic people, but at least it would be a start back towards sanity.
100
mell
2020 Mar 19, 1:27pm
I bought the dip and today was a good day - will take a long time to recover to get close to the prior portfolio values but at least a cure / remedy is in sight now, maybe then the panic will subside and people will be allowed to go about their lives again.
101
RWSGFY
2020 Mar 19, 2:19pm
RWSGFY
2020 Mar 19, 2:19pm
Patrick says
It would require a much bigger island though.
But we should absolutely bring back Ellis Island style quarantines for all international arrivals.
It would require a much bigger island though.
102
WookieMan
2020 Mar 19, 2:24pm
WookieMan
2020 Mar 19, 2:24pm
mell says
I'm not Mr. Doomsday, but I still have some serious worries about how this recovers.
I've mentioned in other threads, states and municipalities that have sales taxes are getting destroyed right now. There are recessions, but we've never seen entire industries completely shut down like this and for this long of a period. Restaurants, amusements, sporting events, etc. That revenue is lost. Gone. I don't even think it was this bad in the great depression. My history is bad, but I'm guessing there was no sales tax then either, and even without that, restaurants and most businesses that could, stayed open.
Most cities/towns struggle to even balance a budget with the taxes they get. Pensions are short. This isn't a prediction, but I think things get dramatically worse before they get better. Things need to open back up April 1st with virus numbers going down. If they don't, then there are big problems. This is coming from someone that has had the falling knife go through their hand already buying stocks 10 or so days ago.
I bought the dip and today was a good day - will take a long time to recover to get close to the prior portfolio values but at least a cure / remedy is in sight now, maybe then the panic will subside and people will be allowed to go about their lives again.
I'm not Mr. Doomsday, but I still have some serious worries about how this recovers.
I've mentioned in other threads, states and municipalities that have sales taxes are getting destroyed right now. There are recessions, but we've never seen entire industries completely shut down like this and for this long of a period. Restaurants, amusements, sporting events, etc. That revenue is lost. Gone. I don't even think it was this bad in the great depression. My history is bad, but I'm guessing there was no sales tax then either, and even without that, restaurants and most businesses that could, stayed open.
Most cities/towns struggle to even balance a budget with the taxes they get. Pensions are short. This isn't a prediction, but I think things get dramatically worse before they get better. Things need to open back up April 1st with virus numbers going down. If they don't, then there are big problems. This is coming from someone that has had the falling knife go through their hand already buying stocks 10 or so days ago.
103
mell
2020 Mar 19, 2:38pm
WookieMan says
Yeah I bought only biotech stocks. Well there's still take-out and it's not nation wide but I agree, certain industries will be reeling, half a quarter lost. But no doubt it will hit smaller ones harder than the chains, and those make up the market. I think they won't re-open fully before mid-April or May, but maybe on a county by county basis. But also there is progress in bringing effective meds and those can be brought on much faster than a vaccine. If they can deliver meds at least so effective that they keep most out of the hospital the situation is solved and there will be a huge rebound. May take a couple of months but certainly much less time than a vaccine.
mell saysI bought the dip and today was a good day - will take a long time to recover to get close to the prior portfolio values but at least a cure / remedy is in sight now, maybe then the panic will subside and people will be allowed to go about their lives again.
I'm not Mr. Doomsday, but I still have some serious worries about how this recovers.
I've mentioned in other threads, states and municipalities that have sales taxes are getting destroyed right now. There are recessions, but we've never seen entire industries completely shut down like this and for this long of a period. Restaurants, amusements, sporting events, etc. That revenue is lost. Gone. I don't even think it was this bad in the great depression. My history is bad, but I'm guessing there was no sales tax then either, and even without that, restaurants and most businesses that could, stayed open.
Most cities/...
Yeah I bought only biotech stocks. Well there's still take-out and it's not nation wide but I agree, certain industries will be reeling, half a quarter lost. But no doubt it will hit smaller ones harder than the chains, and those make up the market. I think they won't re-open fully before mid-April or May, but maybe on a county by county basis. But also there is progress in bringing effective meds and those can be brought on much faster than a vaccine. If they can deliver meds at least so effective that they keep most out of the hospital the situation is solved and there will be a huge rebound. May take a couple of months but certainly much less time than a vaccine.
104
EBGuy
2020 Mar 19, 2:56pm
WookieMan says
College and primary school closures (likely in California) may allow us to get through the summer, but once schools open again (in the fall) we're back to (not quite) square one.
Things need to open back up April 1st with virus numbers going down.
College and primary school closures (likely in California) may allow us to get through the summer, but once schools open again (in the fall) we're back to (not quite) square one.
105
PMack
2020 Mar 19, 6:46pm
PMack
2020 Mar 19, 6:46pm
zzyzzx says
Still a 100$ to go, that company shareholders are going bust, their brand is kaput I'm mot flying a Boeing airplane anytime soon, not that I fly often for that matter...
Boeing now under $100
Still a 100$ to go, that company shareholders are going bust, their brand is kaput I'm mot flying a Boeing airplane anytime soon, not that I fly often for that matter...
106
mell
2020 Mar 19, 6:52pm
PMack says
Why? The Max was a failure but the other planes are rock solid.
zzyzzx saysBoeing now under $100
Still a 100$ to go, that company shareholders are going bust, their brand is kaput I'm mot flying a Boeing airplane anytime soon, not that I fly often for that matter...
Why? The Max was a failure but the other planes are rock solid.
107
mell
2020 Mar 19, 6:53pm
Futures flat again. It's almost that the market has now adjusted to the new normal for a while and realized there are some crazy bargains here. I think the big volatility is gone.
108
FortwayeAsFuckJoeBiden
2020 Mar 19, 7:06pm
All CA retail is shut. But amazon stock, everyone will shop there.
Because insane incompetence of Democrats here who are too busy changing bathroom signs instead of solving problems.
Because insane incompetence of Democrats here who are too busy changing bathroom signs instead of solving problems.
109
SunnyvaleCA
2020 Mar 19, 7:11pm
EBGuy says
Anyone tempted to buy SLV (or for that matter, silver bullion)? The gold/silver ratio is way out of whack. As always, a gold/silver ratio correction doesn't necessarily mean silver will rise...Bought today (not SLV, but other gambling) when silver below $12/ozt. Who knows what the future brings, but given the low price and the extreme ratio compared to gold, the timing looks right to me.
111
just_passing_through
2020 Mar 19, 7:54pm
just_passing_through
2020 Mar 19, 7:54pm
Boeing down 3.5x and there is a question that they won't be bailed out? I'm surprised at you!
I still haven't bought anything yet but that looks a bit enticing.
I still haven't bought anything yet but that looks a bit enticing.
112
RWSGFY
2020 Mar 19, 8:19pm
RWSGFY
2020 Mar 19, 8:19pm
Fortwaynemobile says
Walmart delivers too.
All CA retail is shut. But amazon stock, everyone will shop there.
Walmart delivers too.
113
RWSGFY
2020 Mar 19, 8:23pm
RWSGFY
2020 Mar 19, 8:23pm
mell says
Only in the sense that they failed to insist that 3rd world airlines properly train their pilots. They were too PC.
Why? The Max was a failure but the other planes are rock solid.
Only in the sense that they failed to insist that 3rd world airlines properly train their pilots. They were too PC.
114
just_passing_through
2020 Mar 19, 9:04pm
just_passing_through
2020 Mar 19, 9:04pm
TEOTWAWKI says
Grocery's are open, no?
All CA retail is shut. But amazon stock, everyone will shop there.
Grocery's are open, no?
115
RWSGFY
2020 Mar 19, 9:13pm
RWSGFY
2020 Mar 19, 9:13pm
just_dregalicious says
Not my quote, but yes, grocery stores are open. There are even special days and times dedicated for geezer shopping.
TEOTWAWKI saysAll CA retail is shut. But amazon stock, everyone will shop there.
Grocery's are open, no?
Not my quote, but yes, grocery stores are open. There are even special days and times dedicated for geezer shopping.
116
just_passing_through
2020 Mar 19, 9:16pm
just_passing_through
2020 Mar 19, 9:16pm
I watched minute 5-15 of Gavin Gruesome speaking an hour ago on utube. I turned it off, I can't stand to hear that fucker speak.
117
Heraclitusstudent
2020 Mar 22, 10:41pm
Heraclitusstudent
2020 Mar 22, 10:41pm
Morgan Stanley Sees U.S. GDP Plunging 30% in Second Quarter
https://www.bloomberg.com/news/articles/2020-03-22/morgan-stanley-sees-u-s-economy-plunging-30-in-second-quarter
U.S. Jobless Rate May Soar to 30%, Fed’s Bullard Says
https://www.bloomberg.com/news/articles/2020-03-22/fed-s-bullard-says-u-s-jobless-rate-may-soar-to-30-in-2q
We haven't seen the real blow yet.
There will be massive financial fallout.
https://www.bloomberg.com/news/articles/2020-03-22/morgan-stanley-sees-u-s-economy-plunging-30-in-second-quarter
U.S. Jobless Rate May Soar to 30%, Fed’s Bullard Says
https://www.bloomberg.com/news/articles/2020-03-22/fed-s-bullard-says-u-s-jobless-rate-may-soar-to-30-in-2q
We haven't seen the real blow yet.
There will be massive financial fallout.
118
Hircus
2020 Mar 22, 11:07pm
Hircus
2020 Mar 22, 11:07pm
epitaph says
Could you elaborate?
Do you mean credit card companies, as a proxy for consumer spending? Or, literally plastic suppliers?
Keep an eye on plastics.
Could you elaborate?
Do you mean credit card companies, as a proxy for consumer spending? Or, literally plastic suppliers?
119
komputodo
2020 Mar 22, 11:26pm
komputodo
2020 Mar 22, 11:26pm
joshuatrio says
Yeah you should have bought..it was a great buy at $39......lol $23... 10 days later
I was looking at buying Royal Carribean stock [RCL] this morning. Currently priced in around $39/share, where in the last year it's been between $100-130. Good buy?
Was thinking buy into the travel fear....
Yeah you should have bought..it was a great buy at $39......lol $23... 10 days later
120
WookieMan
2020 Mar 23, 4:27am
WookieMan
2020 Mar 23, 4:27am
komputodo says
Making my call into NCL today to see how difficult it is to get the cash refund for my trip instead of a future cruise credit. They bumped the offer since I last posted for an additional 20% off any future cruise. They also removed the wording from their letter that you can still get a cash refund. But you can still find it on their website.
My gut says stay away from the cruise lines right now. Too risky. I don't think any of them are getting back out there until June at this point, meaning cruising with passengers. Loyalist will get out and cruise still, but new customer growth is going to plummet and even the loyal customers are holding off on future cruises. Have to remember a ton of their revenue comes from onboard spending and price gouging the excursions they offer. Not just base fares.
Any bet on cruise lines, if they make it, could be years before they recover. You could do well long term, but at this point one of big 3 could go under. Disclaimer: Bought NCL at $22 on 3/9/20 to be honest. My comments aren't out of bitterness, as I'm holding whether it goes to zero or $80. Misjudged this stupid virus. Oh well, was with money I was willing to lose.
joshuatrio saysI was looking at buying Royal Carribean stock [RCL] this morning. Currently priced in around $39/share, where in the last year it's been between $100-130. Good buy?
Was thinking buy into the travel fear....
Yeah you should have bought..it was a great buy at $39......lol $23... 10 days later
Making my call into NCL today to see how difficult it is to get the cash refund for my trip instead of a future cruise credit. They bumped the offer since I last posted for an additional 20% off any future cruise. They also removed the wording from their letter that you can still get a cash refund. But you can still find it on their website.
My gut says stay away from the cruise lines right now. Too risky. I don't think any of them are getting back out there until June at this point, meaning cruising with passengers. Loyalist will get out and cruise still, but new customer growth is going to plummet and even the loyal customers are holding off on future cruises. Have to remember a ton of their revenue comes from onboard spending and price gouging the excursions they offer. Not just base fares.
Any bet on cruise lines, if they make it, could be years before they recover. You could do well long term, but at this point one of big 3 could go under. Disclaimer: Bought NCL at $22 on 3/9/20 to be honest. My comments aren't out of bitterness, as I'm holding whether it goes to zero or $80. Misjudged this stupid virus. Oh well, was with money I was willing to lose.
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Was thinking buy into the travel fear....