D

[DILLIGAF]

D

 

[HCP3]

Earnings reports this week, and states are opening up.

 

[CLdrinker]

I’m up on everything except BA which I’m about even on.
I think they might take a bit of a dip tommorow. Whish I would have bought at $124 yesterday. If it gets that low again I’m gonna buy some more.

 

[DILLIGAF]

Earnings reports this week, and states are opening up.

I get that but.....The market is forward thinking and usually ahead of the realities.....Don't you think that is all priced in already?

 

[DWC]

Tough to tell what’s going on and what’s going to happen day by day. We went from everyone jumping out of everything, to playing the guessing game on who will benefit from the situation, to who isn’t going to lose a lot, etc.
At the end of the day there’s always cash looking for a place to grow.

 

[CLdrinker]

I don’t know shit. So I just look for large companies with household names who have lost a bundle because of the pandemic. I buy those and pray for a rebound in the long term. I’m gambling with a small amount compared to you ballers.

 

[ChumpChange]

I get that but.....The market is forward thinking and usually ahead of the realities.....Don't you think that is all priced in already?

Who knows what the market is doing. Treating it like the economy has been open this entire time and there will be no detrimental effects to this virus and earnings.

I guess the market likes when companies can’t give guidance for the remainder of the year.

 

[RCDave]

Reality will come around and knock some heads around.....

 

[cofooter]

Reality will come around and knock some heads around.....

I agree. In the short term it will rally due to the re-opening of the economy, however, once the damage caused by this becomes clearly apparent, watch out. Shorts are betting on that to happen.

 

[LuckyStrike]

My MPC And MRO are On a Roll

 

[Ol Man]

I am 75. Retired for 14 years. I don't give a shit what the market does on a daily basis. I hired a guy. The market goes up. The market goes down. If I want to do a major purchase I call my guy and tell him to sell stuff. I have friends who follow it on a daily basis and want to talk about investments. I tell them I don't care on a daily basis. A couple of times a year is good for me. I will go do something else if that is what concerns you. Oh, we do cash out our MRD every year since 70 1/2.

 

[adam909]

there has been some good wins if you got in a couple weeks ago.. Home Depot.. chewy. quest. oil tankers. If you can nail what company is going to come up with the vaccine youll be a winner.. Ive been buying exxon, Marathon, delta and AA. who knows and banking on the rebond..

 

[lbhsbz]

I decided to buy some WKHS at $2.60 today....we'll see how it goes for the rest of the week.

 

[HCP3]

If you can nail what company is going to come up with the vaccine youll be a winner.

Did you place any bets? If so who?

 

[shintoooo]

GDP down - Rally

Boeing bad earnings - Rally

Google cuts future ad revenues - Rally

Airlines see 90% decline in business - Rally

Unemployment skyrocketing - Rally

Most businesses closed - Rally

[emoji3060][emoji3060][emoji3060][emoji3060][emoji1787][emoji1787][emoji1787]

 

[CLdrinker]

GDP down - Rally

Boeing bad earnings - Rally

Google cuts future ad revenues - Rally

Airlines see 90% decline in business - Rally

Unemployment skyrocketing - Rally

Most businesses closed - Rally

[emoji3060][emoji3060][emoji3060][emoji3060][emoji1787][emoji1787][emoji1787]

I thought for sure Boeing would tank today. I was hoping to buy on sale.

 

[shintoooo]

I have never seen such a disconnect in the market. It’s the biggest Ponzi scheme out there.

 

[BingerFang]

GDP down - Rally

Boeing bad earnings - Rally

Google cuts future ad revenues - Rally

Airlines see 90% decline in business - Rally

Unemployment skyrocketing - Rally

Most businesses closed - Rally

[emoji3060][emoji3060][emoji3060][emoji3060][emoji1787][emoji1787][emoji1787]

It is so bizarre, lol! Here is a article I read a few weeks ago which goes over this.

https://seekingalpha.com/article/4336751-greatest-disconnect-stocks-and-economy-in-history

 

[LargeOrangeFont]

I have never seen such a disconnect in the market. It’s the biggest Ponzi scheme out there.

The modeling they use to buy and sell Is the same modeling used for the COVID pandemic

 

[Havasu blue label]

I posted Mgm it 6 today at 16 all . USO ticker in for a another run

 

[DILLIGAF]

I have never seen such a disconnect in the market. It’s the biggest Ponzi scheme out there.

i thought we were shooting for that herd dealio. Dont be backing up now!

 

[shintoooo]

i thought we were shooting for that herd dealio. Dont be backing up now!

I have to tell my brain to stop thinking logically.

 

[shintoooo]

I'm going to guess that tomorrow's unemployment numbers will take the stock market to all time highs.

 

[RCDave]

I'm going to guess that tomorrow's unemployment numbers will take the stock market to all time highs.

Crazy isnt it?

 

[LargeOrangeFont]

I'm going to guess that tomorrow's unemployment numbers will take the stock market to all time highs.

Buy with confidence!

 

[RCDave]

Continuing case of WAY TOO MANY and increasing dollars in circulation chasing very limited fundamentally sound opportunities

 

[shintoooo]

I think this is mostly new retail investors using free trading platforms like Robinhood to buy because of FOMO (Fear Of Missing Out) and the rug will be pulled out from under them soon. Lots of people sitting at home bored and are now trading. I hope they take some profits.

 

[CLdrinker]

I think this is mostly new retail investors using free trading platforms like Robinhood to buy because of FOMO (Fear Of Missing Out) and the rug will be pulled out from under them soon. Lots of people sitting at home bored and are now trading. I hope they take some profits.

Im
One of those newbs. Care to elaborate?

 

[LargeOrangeFont]

Im
One of those newbs. Care to elaborate?

Simply put.. What goes up must come down. And then will go back up and down again.

The thought is that reality will set in at some point and the rally we are on (we've made back about half of the losses) will stall and markets will fall back down to some level, and then the real climb back up will start.

My portfolio was down about 20% from my highs in Feb to mid March.

I took 5% of my portfolio in cash and invested it at basically the bottom in mid-late march.

I'm down lees than 10% overall now. That is kinda nuts for 5 weeks. That 5% I put in was riskier stuff, but there is a ton more upside than downside. I got in at a good price so I'm actually going to hold it for the medium term and not going to worry if there is a another dip. If it drops lower than it did in mid March I will probably double down and invest more.

 

[DILLIGAF]

I'm going to guess that tomorrow's unemployment numbers will take the stock market to all time highs.

get in there before the runup...lol

 

[LargeOrangeFont]

I think this is mostly new retail investors using free trading platforms like Robinhood to buy because of FOMO (Fear Of Missing Out) and the rug will be pulled out from under them soon. Lots of people sitting at home bored and are now trading. I hope they take some profits.

I think the big players have enough control of the markets now, they can largely manipulate it up or down at will.. then others simply follow.

 

[shintoooo]

Im One of those newbs. Care to elaborate?

So my theory is the market is being pumped up by large money managers and new investors feel as though they are going to miss out on profits if they don't buy in now. Ask yourself this. How is the market going up with every company posting massive losses and forecasting a bleak future? Employment is going up and so it the stock market, does that make sense? Are people going to buy new cars, start shopping for clothes, toys etc... like they used to or are they going to be way more careful because we might go through this again in the fall or next year?

I'm not trying to scare you out of investing. I've seen this shit before. The dotcom bubble. But during the dotcom bubble, we didn't have millions of people unemployed.

Don't listen to me though. I'm usually wrong. I would do the exact opposite of what I'm saying and you'll probably be a millionaire by the end of the year.

 

[lbhsbz]

So my theory is the market is being pumped up by large money managers and new investors feel as though they are going to miss out on profits if they don't buy in now. Ask yourself this. How is the market going up with every company posting massive losses and forecasting a bleak future? Employment is going up and so it the stock market, does that make sense? Are people going to buy new cars, start shopping for clothes, toys etc... like they used to or are they going to be way more careful because we might go through this again in the fall or next year?

I'm not trying to scare you out of investing. I've seen this shit before. The dotcom bubble. But during the dotcom bubble, we didn't have millions of people unemployed.

Don't listen to me though. I'm usually wrong. I would do the exact opposite of what I'm saying and you'll probably be a millionaire by the end of the year.

Never take stock advise from someone who drives a '70s VW bug and can't even afford a boat

 

[shintoooo]

Never take stock advise from someone who drives a '70s VW bug.

Mine's a 69

 

[CLdrinker]

So my theory is the market is being pumped up by large money managers and new investors feel as though they are going to miss out on profits if they don't buy in now. Ask yourself this. How is the market going up with every company posting massive losses and forecasting a bleak future? Employment is going up and so it the stock market, does that make sense? Are people going to buy new cars, start shopping for clothes, toys etc... like they used to or are they going to be way more careful because we might go through this again in the fall or next year?

I'm not trying to scare you out of investing. I've seen this shit before. The dotcom bubble. But during the dotcom bubble, we didn't have millions of people unemployed.

Don't listen to me though. I'm usually wrong. I would do the exact opposite of what I'm saying and you'll probably be a millionaire by the end of the year.

i see were you are coming from. The fake money that just got distributed is an issue.
I’m up 12% right now and have considered selling. But knowing my luck everything will continue up lol.
min in for the long run so I should be ok. Hopefully

 

[nameisbond]

The feds $6.5 trillion dollar balance sheet, might have something to do with it. I'm waiting until fall for the big declines to begin again.

 

[Xring01]

Remember QE, Quantitative Easing... Well I learned a very valuable lesson during that...

Lesson is quite simple. You cannot fight the FED... When the Fed is pouring Trillions into the economy, Then it will go up....

As long as Washington DC has the checkbook open, then the market will do well.
Bigger question is what happens to the market when $$$ flow stops?

Based on that, I am in right now, and doing better than I expected for the most part. But that doesnt mean that I won't sell everything tomorrow, when things change.

 

[LargeOrangeFont]

i see were you are coming from. The fake money that just got distributed is an issue.
I’m up 12% right now and have considered selling. But knowing my luck everything will continue up lol.
min in for the long run so I should be ok. Hopefully

Long run you are just fine. You are betting that things will be higher than this at some point, which they most likely will.

 

[adam909]

Did you place any bets? If so who?

Gilead was the the big win this morning.

 

[RCDave]

I pulled out around 28,500. Bought lightly on the way down (mostly in the 18,850 to 22,000 range). Now the account balance is at an all time high. Lucky lucky lucky. But now thinking of pulling out and sitting on the sidelines again....

 

[HCP3]

Gilead was the the big win this morning.

Yeah. They had good news pre-market on their Remdisivir treatment. Anything invested in the vaccine segment?

 

[DILLIGAF]

GIL is only up max 8% today.....

I have many stocks up more than that today. These are my big winners so far today

SHW, VLO, VIAC, GOOG, WDC

I sold my MESA two days ago and missed a 35-40% GAIN.....LOL duhhhhhhhh

 

[CLdrinker]

BA is up 12%
V is up 9%

really kicking myself for not buying way more. I was trying to tip toe in so as not to make a huge mistake.

 

[jeteater1]

I bought 3000 SSL at $1.50 a few weeks back , its starting to look good

 

[boatnam2]

As long as that MPC keeps rolling I happy.

 

[lbhsbz]

Bought some UAVS this morning...I thought I mighta got in late at $1.20...holy shit...I'm not sure what to do next

 

[Motoxxxloak]

I bought in to JNUG when it was in the high $30’s, a few weeks ago. Up almost 70%. Going to sit on it a few more days then unload. Just unloaded CCL this AM as I didn’t want to hold out for the “long run” on those although that was my initial plan.


Sent from my iPhone using Tapatalk

 

[LargeOrangeFont]

Of the 3 positions I still have after the crash -

up 130% on GUSH
up 55% on JNUG
up 54% on SPXL

 

[HCP3]

Bought some UAVS this morning...I thought I mighta got in late at $1.20...holy shit...I'm not sure what to do next

Been watching that one, but I can't find the courage to trust the speculation (Amazon partnership), and I don't have time to play the day trade game.

 

[lbhsbz]

Been watching that one, but I can't find the courage to trust the speculation (Amazon partnership), and I don't have time to play the day trade game.

I’m gambling with some loose change...if I lose it all...meh. I bought 200 shares.

also bought some Norwegian cruise lines...we’ll see where that goes. Lol