2020 Stock Market Crystal Ball

[FishSniper]

Market going to be up again today. I have no idea what the F is going on.....that is why I am sitting this out for a while. No rhyme or reason in this market and logic need not apply.

Good luck to all of you in the market.

I agree market makes no sense right now everyone is ignoring the unemployment and horrible earnings numbers that will be coming and only concentrating on the fact stuff is starting to open.

 

[Xring01]

I’m a rookie don’t listen to me. But I do know that PG&E doesn’t maintain infrastructure well. Likely hood of them starting a fire is likely. Will be a very bad look right after BK and can they afford another?

Just prior to the last round of fires in NorCal... Ca passed a law, that limited the financial exposure of a fire and the subsequent lawsuits. However that law was passed, but had not gone into effect. Due to that, PG&E was liable for a huge amount of money. The future fires, will not cost them as much as the past fires..

Now before PGE haters, think that is all wrong.... Think about it from a business owner perpective... If we are in red climate conditions, should they be able to cut the power in those areas, and prevent a potential fire, to prevent any daMage. Thats not the case, PGE was forced to keep the power on, that causedthose fires, even when they wanted to cut the power.

This is what happens when you have politicians writing the laws that regulate the utility’s. Politicians over regulated the regulations, creating the problems.

 

[GRADS]

I'm ZOOMing!

 

[Havasu blue label]

Watch your stocks don’t stay in to long good luck

 

[shintoooo]

Market going to be up again today. I have no idea what the F is going on.....that is why I am sitting this out for a while. No rhyme or reason in this market and logic need not apply.

Good luck to all of you in the market.

It’s going up because Russia and Saudi Arabia agreed on oil cuts so that stabilizes the oil market and I also think it’s going up because investors are expecting more stimulus money soon.

 

[crzy2bealive]

Watch your stocks don’t stay in to long good luck

Quick 600 dollar day. I'm out.

Sent from my SM-G960U using Tapatalk

 

[CLdrinker]

Just prior to the last round of fires in NorCal... Ca passed a law, that limited the financial exposure of a fire and the subsequent lawsuits. However that law was passed, but had not gone into effect. Due to that, PG&E was liable for a huge amount of money. The future fires, will not cost them as much as the past fires..

Now before PGE haters, think that is all wrong.... Think about it from a business owner perpective... If we are in red climate conditions, should they be able to cut the power in those areas, and prevent a potential fire, to prevent any daMage. Thats not the case, PGE was forced to keep the power on, that causedthose fires, even when they wanted to cut the power.

This is what happens when you have politicians writing the laws that regulate the utility’s. Politicians over regulated the regulations, creating the problems.

I read CPUC put regulations in place that if PG&E can’t safely operate the utility that a plan is in place for golden state power to take over. A fire could trigger that stipulation?

 

[CLdrinker]

BA is on a tear. Kind of thinking of selling some to take profit and buy back in a few weeks from now. Anyone think it will stay this high?

 

[FishSniper]

Sold some of my UAL this am. Was in around 19 out at 33. Still holding some.

 

[El Rojo]

Part of the reason why the stock market is still going up is because analysts use computer algorithms that use numbers and not emotions getting their data...no ones told the machines about Covid and riots I guess lol...

 

[Riverfamlee]

BA is on a tear. Kind of thinking of selling some to take profit and buy back in a few weeks from now. Anyone think it will stay this high?

I'm thinking the same...wondering how long it can keep going like this

 

[lbhsbz]

I bought some BC last week...doing pretty good today

 

[Hypnautic]

I bought into low fare airlines almost a month ago.
SAVE on 5/14 @ $8. That is up 117% currently
LUV on 5/15 @ $24 That is up 52% currently

SAVE has (to me) a lot of ground it can run up.
LUV is good up to $45-50 a share

Both are past the point I would want to buy in now.
Not everyone of my stocks are winners though. I’m down roughly 20% on some energy sector stocks-but gaining back ground slowly.

Really not sure of what else I want to buy right now. I think most of the big savings are gone now.

 

[lbhsbz]

Really not sure of what else I want to buy right now. I think most of the big savings are gone now.

plywood and glass should be doing well soon.

 

[gqchris]

Im up 400$ today and not even a serious trader. Lets keep it going!

 

[CLdrinker]

Im up 400$ today and not even a serious trader. Lets keep it going!

I’m up $1400 and don’t know shit, I’m $4,000 from when I started a month ago.

 

[boatnam2]

plywood and glass should be doing well soon.

My brother works for a larger Glass company and they can't get enough plywood.

 

[CLdrinker]

I'm thinking the same...wondering how long it can keep going like this

It’s at $173 and I bought in at 129. So tempting to sell half.
If I sell it would keep going Lol

 

[Kbach]

It’s at $173 and I bought in at 129. So tempting to sell half.
If I sell it would keep going Lol

Please sell....I’ll hold onto my shares

 

[CLdrinker]

Please sell....I’ll hold onto my shares

I’m gonna hold onto it just so it tanks lol

 

[Kbach]

I’m gonna hold onto it just so it tanks lol

 

[GRADS]

ZM 202 to 223.87 in 24 hours....I'll take that! Have a gut feeling that CZR (caesars entertainment) is going to go up tomorrow or/and Friday. I got in on that one at $6.64

 

[HCP3]

ZM 202 to 223.87 in 24 hours....I'll take that! Have a gut feeling that CZR (caesars entertainment) is going to go up tomorrow or/and Friday. I got in on that one at $6.64

The Eldorado/Caesars merger is supposed to happen this month.

 

[crzy2bealive]

Quick thousand on boeing and dal

Sent from my SM-G960U using Tapatalk

 

[crzy2bealive]

Nvm! 2k day.

Thanks AAL for adding to my profits today.

Sent from my SM-G960U using Tapatalk

 

[procraftkev]

AAL = 2k also

 

[HCP3]

The riots made the covid fears go away. Pretty wild what is going on to say the least.

 

[retaocleg]

everyone looking at precious metals like the red headed step child...……..even though it has out performed the stock market...…….tisk tisk………...oh, and when the market crashes, as it always does, you still have it...…...you'll see, don't ever say nobody told you

 

[boatpi]

Made killing on MGM as mentioned and Avis (car).

 

[Riverfamlee]

everyone looking at precious metals like the red headed step child...……..even though it has out performed the stock market...…….tisk tisk………...oh, and when the market crashes, as it always does, you still have it...…...you'll see, don't ever say nobody told you

What’s the best was to buy metals?

 

[retaocleg]

What’s the best was to buy metals?

don't buy etf's………….but in your hand metals....if you can't hold it in your hand, you don't own shit but paper
apmex.com
jmbullion.com
sdbullion.com

 

[Havasu Rehab]

What is everyone’s thoughts on Nikola (NKLA)? They make electric big rigs. Could be direct competition with Tesla down the line.

IPO was today, I may buy in tomorrow.


Sent from my iPhone using Tapatalk

 

[CLdrinker]

We are on a tear this morning boys!

 

[CLdrinker]

Just prior to the last round of fires in NorCal... Ca passed a law, that limited the financial exposure of a fire and the subsequent lawsuits. However that law was passed, but had not gone into effect. Due to that, PG&E was liable for a huge amount of money. The future fires, will not cost them as much as the past fires..

Now before PGE haters, think that is all wrong.... Think about it from a business owner perpective... If we are in red climate conditions, should they be able to cut the power in those areas, and prevent a potential fire, to prevent any daMage. Thats not the case, PGE was forced to keep the power on, that causedthose fires, even when they wanted to cut the power.

This is what happens when you have politicians writing the laws that regulate the utility’s. Politicians over regulated the regulations, creating the problems.

PG&E could be in trouble today. Judge will decide today if an independent examiner can look into the voting process.

 

[jeteater1]

I think once they get out of this coochi virus. Things will get back to normal, I'm hoping for $7 then cash out.

Sold half my SLL at $9.07 this morning almost triple what I paid. will the rest go to $10

 

[BingerFang]

PG&E could be in trouble today. Judge will decide today if an independent examiner can look into the voting process.

I have a good friend in the power business that told to double down on PCG so I did.... let’s see where this goes... ahah

 

[CLdrinker]

I have a good friend in the power business that told to double down on PCG so I did.... let’s see where this goes... ahah

I’m in the power business, I think the PUC is done covering for PG&E. The likely hood of another fire is a huge possibility and fire season is going to hit right as they are emerging from BK ( BK might hit a big snag today)
not sure the stock is going to make huge gains even if it survives. Just so many other better bets right now. If PG&E can survive with this poor of a reputation it will be impressive that’s for sure.

 

[Looking Glass]

I just watched The President speak on the Jobs numbers for MAY!! and the Stock Market numbers and outlook. The critics had our President and Our Country Dead And Buried several Months ago. They do not understand this is not the Average Man they are dealing with. he is a True Leader,and has a Plan,Target and Vision and doen not Waver. This Country is back on track to where we were before this Virus and the Riots messed things up. The fact thatthere some willing to use those two deals to Destroy President Trump along with Our Country is about as Sad thing that I have ever seen in my life. They have thrown every thing imaginable at him and us and His Leadership keeps everything on pace to Continue with his Plan and his Promises. His Promise to "MAKE AMERICA GREAT AGAIN!!

The Stock Market is Screaming Again.

God I Love this President and my Country.

 

[CLdrinker]

I just watched The President speak on the Jobs numbers for MAY!! and the Stock Market numbers and outlook. The critics had our President and Our Country Dead And Buried several Months ago. They do not understand this is not the Average Man they are dealing with. he is a True Leader,and has a Plan,Target and Vision and doen not Waver. This Country is back on track to where we were before this Virus and the Riots messed things up. The fact thatthere some willing to use those two deals to Destroy President Trump along with Our Country is about as Sad thing that I have ever seen in my life. They have thrown every thing imaginable at him and us and His Leadership keeps everything on pace to Continue with his Plan and his Promises. His Promise to "MAKE AMERICA GREAT AGAIN!!

The Stock Market is Screaming Again.

God I Love this President and my Country.

I agree the doom and gloom has been spread thick. All of these job losses really aren’t accurate, the job aren’t gone they were told to go home. Open up the economy and most employers will be calling the same people back.
yes many business will fail or suffer but not the massive numbers suggested.

 

[Xring01]

PG&E...
Look at that spike... 10% Spike... Huge Volume in a short period of time... Typically means one of the big boys is gobbling up some shares.
I like what I am seeing.

 

[Xring01]

I’m in the power business, I think the PUC is done covering for PG&E. The likely hood of another fire is a huge possibility and fire season is going to hit right as they are emerging from BK ( BK might hit a big snag today)
not sure the stock is going to make huge gains even if it survives. Just so many other better bets right now. If PG&E can survive with this poor of a reputation it will be impressive that’s for sure.

Covering for them...
Lets see... Before all this happened... when red flag alerts occurred, was PG&E allowed to cut power to those areas????
Nope they where not... if they did, they would get sued.... that my friend was the PUC Regulation at the time...
After a few fires, then they allowed the utilitys to cut the power during red flag times...

So prior to the big fires... Get sued if you cut the power, get sued if you start the fire. No matter what, you get sued... Thats a great business model isnt it.

PUC realized they messed up, and changed the regulations. Again, this a key reason, why Politicians shouldnt be the key people making these types of decisions, without industry experts advising them.

Do some re search on what happened to SDGE about 8 years ago on the Julian fires.. you will see everything that I am saying above is factual.

 

[CLdrinker]

Covering for them...
Lets see... Before all this happened... when red flag alerts occurred, was PG&E allowed to cut power to those areas????
Nope they where not... if they did, they would get sued.... that my friend was the PUC Regulation at the time...
After a few fires, then they allowed the utilitys to cut the power during red flag times...

So prior to the big fires... Get sued if you cut the power, get sued if you start the fire. No matter what, you get sued... Thats a great business model isnt it.

PUC realized they messed up, and changed the regulations. Again, this a key reason, why Politicians shouldnt be the key people making these types of decisions, without industry experts advising them.

Do some re search on what happened to SDGE about 8 years ago on the Julian fires.. you will see everything that I am saying above is factual.

I actually gave a red flag presentation to over 100 people so I’m aware of the laws and a PG&E didn’t get into this mess solely because of them, a contributing factor no doubt.
im well aware, my former employer was involved in the Julian fire fiasco.
I have been doing tons of reading on PG&E, they have a tuff road ahead at the very best. I’m not saying they won’t make it but it is a risky bet indeed. Lots of other places to put my money in my opinion

I would rather not get into yet another back and forth with you. I just wanted to make sure you saw the above article so you could take it into consideration and make your decision as you see fit. It was not intended to sway your opinion, I was just trying to be nice, enjoy your day and your investment. Best of luck.

 

[Xring01]

I actually gave a red flag presentation to over 100 people so I’m aware of the laws and a PG&E didn’t get into this mess solely because of them, a contributing factor no doubt.
im well aware, my former employer was involved in the Julian fire fiasco.
I have been doing tons of reading on PG&E, they have a tuff road ahead at the very best. I’m not saying they won’t make it but it is a risky bet indeed. Lots of other places to put my money in my opinion

I would rather not get into yet another back and forth with you. I just wanted to make sure you saw the above article so you could take it into consideration and make your decision as you see fit. It was not intended to sway your opinion, I was just trying to be nice, enjoy your day and your investment. Best of luck.

Since you have some insights, quick question...

Its my understanding that if another fire is started by a Utility, there liabilities of that damage are capped at a low value. If my memory is correct that was approved by Newsome in late 2018...

Is that still a valid assumption? If not, then you may be correct, that PGE is not worth the risk.

 

[boatnam2]

Dumped a CCL a few days to early, solid day either way today.

 

[BingerFang]

I’ve put $20k in PCG over the last 24 hours.... let’s see how this goes lol.

 

[boatnam2]

I’ve put $20k in PCG over the last 24 hours.... let’s see how this goes lol.

fOLLOWING!

 

[FishSniper]

I’ve put $20k in PCG over the last 24 hours.... let’s see how this goes lol.

I was considering adding to my pcg also. Will see how next couple days play out.

 

[CLdrinker]

Since you have some insights, quick question...

Its my understanding that if another fire is started by a Utility, there liabilities of that damage are capped at a low value. If my memory is correct that was approved by Newsome in late 2018...

Is that still a valid assumption? If not, then you may be correct, that PGE is not worth the risk.

that is correct but the way I read it is they will not be eligible if the Bk agreement isnt settled by this month ( forget the date required). And with the hearing today if the judge allows this independent investigator guy to look into the voting it may be an issue finishing the BK.
I see trading was halted today maybe the judge made the ruling I haven’t looked.

also I read that the PUC is ready to put control of the utility into golden state powers control ifPG&E demonstrate that they are incapable of operating safely.

if they pull it off you boys will make a killing and you will deserve it because it’s no small risk. Good luck to you.

 

[CLdrinker]

I’ve put $20k in PCG over the last 24 hours.... let’s see how this goes lol.

big baller! Risk big to win big. I’m pulling for you!

 

[BingerFang]

big baller! Risk big to win big. I’m pulling for you!

Definitely not a baller. This is the most uncomfortable thing I’ve done in a very long time but I’ll buckle my chin strap and see how it goes