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What a day! ---------------------------------------------------- Dances with Crabgrass | |||
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no doubt. what's next ?? ------------------------------------------ Proverbs 27:17 - As iron sharpens iron, so one man sharpens another. | |||
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It's not you, it's me. |
Nice bump on NCLH! | |||
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Exactly, you haven't lost money until you've actually sold the stock. | |||
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I hit that too, last week. Was looking at CCL but they've been in a down trend for months. | |||
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Protect Your Nuts |
I’ve been buying OIH (Vanguard Oil producers ETF) as oil prices have fallen, doubled my holdings yesterday. I’m not expecting a quick payout, but sometime in the next 10 years I figure oil will be a lot more expensive again. Plus I figure schulumberger and Halliburton (largest holdings in the ETF) can weather a couple year storm. ------------------------------------------------------------------------------------ "deserves" ain't got nothin to do with it. ------------------------------------------------------------------------------------ | |||
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Victim of Life's Circumstances |
I'm very happy with my Sysco @ 27.5 ________________________ God spelled backwards is dog | |||
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Member |
the question is -- is the 'new normal' earnings reality already 'baked into' the market? Or will we see another major series of drops when earnings season arrives and the earnings reports are abysmal? personally i think most of its baked in already but we may see some lower levels when 'reality' hits. maybe another broader -10% to -15% when the reality hits. just a guess though -- I'm just a 'mom & pop' investor who reads the WSJ daily ---------------------------------- Proverbs 27:17 - As iron sharpens iron, so one man sharpens another. | |||
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Member |
The market is rebounding now in anticipation of the $2 trillion stimulus package. However, it's not going to last. I think earnings for this quarter are already priced in. However, the way things are looking, most companies are going to have terrible earnings next quarter and the quarter after. Just heard from a large yacht builder (one of the largest in the Country), they just closed their plant today, for 30 days. It could be longer than 30 days......most companies are facing this. I don't think it will be until the 4th quarter that most companies start becoming somewhat normal and somewhat profitable again. | |||
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Partial dichotomy |
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Now in Florida |
Based on today's trading, the 1 and 3 month US treasury bills now have negative yields - -.01% for the 1 month and -.03% for the 3 month. The 5 year note yields a whopping +.5%. You can lend your money to the government for 30 years for 1.342% | |||
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Lawyers, Guns and Money |
quote: Originally posted by Hay2bale: Bye, bye, Boeing. You could be right... quote: ^^^ Yeah... but I wouldn't short it right now. The risk is that it gets a bailout and jumps big, even if temporary. BOOM: 167.15 up over 30% today. "Some things are apparent. Where government moves in, community retreats, civil society disintegrates and our ability to control our own destiny atrophies. The result is: families under siege; war in the streets; unapologetic expropriation of property; the precipitous decline of the rule of law; the rapid rise of corruption; the loss of civility and the triumph of deceit. The result is a debased, debauched culture which finds moral depravity entertaining and virtue contemptible." -- Justice Janice Rogers Brown "The United States government is the largest criminal enterprise on earth." -rduckwor | |||
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Lawyers, Guns and Money |
Covered back on 3/17... thinking about going short Tesla again today @ ~560 ... "Some things are apparent. Where government moves in, community retreats, civil society disintegrates and our ability to control our own destiny atrophies. The result is: families under siege; war in the streets; unapologetic expropriation of property; the precipitous decline of the rule of law; the rapid rise of corruption; the loss of civility and the triumph of deceit. The result is a debased, debauched culture which finds moral depravity entertaining and virtue contemptible." -- Justice Janice Rogers Brown "The United States government is the largest criminal enterprise on earth." -rduckwor | |||
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Victim of Life's Circumstances |
you're welcome! ________________________ God spelled backwards is dog | |||
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Partial dichotomy |
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Member |
Found out I was being furloughed last week, undefined length of time, so the $20k I had primed to dump into RCL got re-allocated to living expense... Not. Happy. | |||
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Lawyers, Guns and Money |
Stocks Tumble Into Close As Bernie Sanders Threatens To Hold Up Coronavirus Package Stocks tumbled into the bell after Sen. Bernie Sanders (I-VT) became the latest lawmaker to threaten to hold up the coronavirus stimulus package "until stronger conditions are imposed on the $500 billion corporate welfare fund." "Unless Senators Graham (R-SC), Sasse (R-NE) and Time Scott (R-SC) drop their anti-worker objections to fast-tracking the emergency coronavirus legislation, I am prepared to put a hold on this bill until stronger conditions are imposed on the $500 billion corporate welfare fund," Sanders said over Twitter. https://www.zerohedge.com/poli...fix-massive-drafting "Some things are apparent. Where government moves in, community retreats, civil society disintegrates and our ability to control our own destiny atrophies. The result is: families under siege; war in the streets; unapologetic expropriation of property; the precipitous decline of the rule of law; the rapid rise of corruption; the loss of civility and the triumph of deceit. The result is a debased, debauched culture which finds moral depravity entertaining and virtue contemptible." -- Justice Janice Rogers Brown "The United States government is the largest criminal enterprise on earth." -rduckwor | |||
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Member |
Sanders is such a tool --------------------------------- Proverbs 27:17 - As iron sharpens iron, so one man sharpens another. | |||
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Get Off My Lawn |
Graham stated that there are incentives built into the package that makes it so that certain workers can make more money off of govt. than going back to work, feeling it would slow the economic comeback. "I’m not going to read Time Magazine, I’m not going to read Newsweek, I’m not going to read any of these magazines; I mean, because they have too much to lose by printing the truth"- Bob Dylan, 1965 | |||
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Now in Florida |
I can't wait to see Berkshire Hathaway's next 13F. They've got billions in cash waiting for opportunities like what we saw this month. I would be surprised if they didn't make some huge purchases. | |||
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