Stock of the Day
- Started
- Last post
- 643 Responses
- NBQ000
Who’d have thought that some virus would crash the markets.
- Good time to invest in 3M and other mask manufacturersshapesalad
- haha. i actually looked into 3M a little while ago when this hit. 3M have been doing awfully though.hardhat
- APT was the play but pretty sure that pop is over. Holding my long tech otherwise it's cash right now. We've gotta find bottom.mandomafioso
- stoplying1
The LINE app just announced their new global cryptocurrency - BITFRONT. Their stock has held strong so far.
LN - Line Corporation
- Cool. I love line app. Way better than your WhatsApp crap.shapesalad
- sarahfailin0
- I may well vote for Bernie in the primary, but I expect that if he gets the nomination the stock market will react badly.
- sarahfailin0
not to incite a panic, but...
the calls are coming from inside the market! get out now!My guesses: Downward pressure on stocks is going to last for 6-9 months. 10-year US bond yield is going to drop to near 0.5%. The DOW will touch 18,000. the Nasdaq could touch 6,000. There will be a v-shaped bounce that will not last long...
Global economy is slowing. natural disasters this summer will further throw things into disarray. Europe and China are approaching recession, US will follow. Yesterday JPMorgan said there's a 50% chance the Fed will cut rates to zero this year.
Thus spake Sarahthustra!
- "not last long," meaning prices won't linger at those lows- they'll get bought back up quickly.sarahfailin
- There will be a (many) massive upward surge(s) the second there is hope that there's a treatment for COVID19.zarkonite
- ^^ and I'm planning on riding those waves.zarkonite
- vaccine production wouldn't ramp up until early 2021 at the earliest. plus this downturn is about more than the virus-- stocks have been overvalued.sarahfailin
- Agree to disagree, I don't think stocks are overvalued. I think money is cheap with interests being down and that's the driving factor in value.zarkonite
- but I'm with you on the virus. What I meant is that I think the market is going to swing up and down a lot of false hopes (and real crashes) and there's moneyzarkonite
- to be made by riding those waves.zarkonite
- For your consideration, this GDP to total market cap ratio was near 150% before this decline, an all time high. Anything over 100% is considered overvaluedsarahfailin
- https://www.investop…sarahfailin
- "considered overvalued" = that's meaningless without context. The reason they lower interest rates to boost the economy is because it injects more money intozarkonite
- the market. We are currently in the middle of a brand new experiment in keeping interests low while the economy is doing well. There is no precedent.zarkonite
- hehe your link actually validates my point: "However, in 2003, the ratio was around 130%, which was still overvalued, but the market went on to produce all-timezarkonite
- highs." <-- you can't predict the future based on the past when the rules are always changing ;)zarkonite
- This combo of healthy returns + cheap money is designed to sustain "overvaluing" stocks.zarkonite
- where is your god now, zarkonite?sarahfailin
- Not sure I follow you? We're in prime rebound territory, this is an oil price crash. Don't tell me you predicted that =)zarkonite
- Why don't you buy some energy stocks now and wait until Putin/MBS are done posturing and thank me then!zarkonite
- My turn!!! Oh look at that rebound today!! LOL. This is going to be a fun ride.zarkonite
- It's called retracement. we're still on our way down. market won't reverse till we find the bottom https://www.investop…sarahfailin
- It was up, now it's down. I call it profit.zarkonite
- Bet y'all wish you listened to me now.sarahfailin
- The market is up today, that's the 3rd wave I told you about that you've missed!zarkonite
- sarahfailin0
Um so the US 10 year bond yield opened this morning in Sydney at less than 0.5% and my unlikely cataclysmic prediction has already come to fruition. Sydney opened 5% lower and Tokyo 4%. Happy Monday morning!
- NBQ002
3 years worth of stock market gains wiped out in few trading days.
- Trumpy no likey.CyBrainX
- It's almost as if stocks were overvalued...sarahfailin
- zarkonite1
As of today, 11:30ET:
Delta (DAL) is climbed nearly 9%
United (UAL) is up 3%
American (AAL) rose 6%
Southwest (LUV) jumped 7%
Carnival (CCL) is up 7%
Norwegian (NCLH) sailed 11% higher- "sailed" I get it!!sarahfailin
- zarkonite is the bull in the bear marketsarahfailin
- You gotta learn to surf the waves! Buffett is spending money again. So what is this technical analysis you like to use telling you to make money? what are yourzarkonite
- moves? It sounds like you sold off 5 days ago, what's the bottom? when do you buy back? which sectors?zarkonite
- see my post from 8 days ago. those are my targets for indexes and bonds. I'll buy back when they hit those targets. energy, tech, and travel are the sectors imosarahfailin
- and I moved into bonds last march. I'm up about 12% since then. half the posts here are me crying 'bear!' https://www.qbn.com/…sarahfailin
- I'm assuming you're talking us bonds, how are you up 12% on bonds?zarkonite
- The bond-based ETF I'm invested in is up 12% since march.sarahfailin
- Symbol?zarkonite
- https://i.imgur.com/…sarahfailin
- hehe just the symbol would have been fine, I want to know what its composition is. I know jack about bonds.zarkonite
- It's mostly corporate bonds and flipping gov bonds for profit. Seems nice and safe. I need more adrenaline personally =)zarkonite
- And to anyone else reading: https://www.ta-retir…zarkonite
- zarkonite1
Markets closed with almost 10% gains today.
What happened to the bear market? that's two straight days of gains. I thought we were all going to die!
- My calls liked it but I don't really see it lasting. I'm no bear but I expect we haven't found bottom yet. Hope I'm wrong.mandomafioso
- zarkonite1
and lets not forget my personal favourite, the NASDAQ:
- renderedred1
https://swingtradebot.com/stocks…
Toilet Paper Stocks List
- Short them after corona is over, people will be living off their suppliesdrgs
- utopian-1
- utopian-1
- I'm sick of watching my 401k plummet.utopian
- https://www.youtube.…keewee
- utopian-1
Don’t look at your 401(k)
https://www.marketwatch.com/stor…- BUY BUY BUYzarkonite
- So retirement funds of Americans are tied to the stock markets?NBQ00
- Everyone's retirement is based on the stock market. Unless you get your retirement in chickens, goats and rice.zarkonite
- Based on the stock market? In the USA that is.NBQ00
- Anything investment-wise is connected to the stock market - EVERYTHING. That goes for the entire world, too.formed
- NBQ000
If continues like this we’ll see a 50% crash of entire markets in next days
- My target is 40% of the latest high. It could go lower but it's impossible to know.sarahfailin
- Gnash5
- but will its value appreciate over time?sarahfailin
- It’s better the next dayGnash
- sarahfailin0
"As of Monday, the S&P 500 has moved up or down by at least 4% for six consecutive sessions, the longest streak since November 1929, according to Dow Jones Market Data."
https://www.wsj.com/articles/why…
TLDR: algorithmic trading is exacerbating market swings and is responsible for most of the transactions that have us where we are right now.
- sidenote: markets were doing better this morning before Trump got on camera. the stimulus announcement seemed actually to temper the rally.sarahfailin
- utopian0
Why the Stock Market Hasn’t Hit Bottom and Could Fall Another 35%
Don’t get too excited about the second consecutive day of stock- market gains.
Charles Dumas, chief economist at TS Lombard, doesn’t think the S&P 500 has hit bottom. He says the U.S. will be in a recession at least through the summer as the economy feels the second- and third-order ramifications of the coronavirus pandemic, and efforts to control it.
- sted0
The SEC Really Wants Investors to Stop Buying the Wrong Zoom Stock
With businesses asking as many employees to work from home as possible, that has driven skyrocketing usage of Zoom Video Communications' videoconferencing platform
Zoom Video trades under "ZM," not "ZOOM."
Unfortunately, Zoom Technologies is an apparently defunct company based in China that previously distributed wireless communications products. It appears that it no longer operates and does not generate revenue. Perhaps adding to the confusion, Zoom Technologies did previously own the zoom.com domain name before Zoom Video eventually bought it in 2018 from domain broker Media Options.
