Investment BS Thread - Stocks/Futures/Mutual Funds/Bonds/Commodities/Options/ETFs/401ks/Etc

Sell your position if its that bad

 

No final vote on the relief bill yet, and this run up may still be all on hopes . Like said before , $1200 is not going to save all workers from missing payments etc. Even if they do vote it in , companies that take a loan cannot pay divs so a lot of funds cannot own them so the funds will have to sell driving stock prices down .( This is why GE still pays 1 cent ) We are no where peak infections and have no cure . Normal life will not be back next week and the norm for life may be different for ever . They have said the markets look 6 months ahead so who knows . I believe we are closer to the end than the beginning but still think we should be careful or ignore it all if you are young .
Pigs get fat and hogs get slaughtered , and the hog in me is sorry for selling some fun moneys yesterday , but the lack of being a hog is happy with some pretty good gains but more on that later .
This reminds me so much of a bill that had the famous quote from someone I will not name , "Must be Passed to ‘Find Out What Is in It"
I do believe that this is all a blip and will be just a memory in a few years ! But I also believe the next few months is an opportunity to profit that only comes up every 10 to 30 years or more .
Also and most important is that trading stocks and not watching the markets is weather related for me , it is predicted to be over 80 degrees here tomorrow and my grass needs cutting , and I need to get a boat on the water because spawn !

 

Physical gold and silver

 

If it ever came down to a time that you need gold and silver, lead and brass are going to be worth a lot more.

 

Sad but if the number is on the low side of 2.5 Million the market will most likely keep rallying . Details of the relief package are key in my opinion .
Edit ! I just got an email from Autozone that they have curbside pickup !!! Is that a change of things or what !

 

Despite all the foaming, guns and ammo are tools and nothing more. I never once felt compelled to tell anyone about my new ball peen hammer. IMO the ones that talk a good game about guns will be the first ones to fall apart like a wet cardboard box when the shit hits the fan.

 

I'm not even going to touch this one..

 

But i'm sure you'll report it to Jerome Powell

 

Wat?

 

I'm just messing with ya

How did you guys like that 800 point drop in the last minutes?

 

Just remember unemployment numbers come out tomorrow...m

Not smart to compare this to 2008, out side of a meteor hitting the earth, this is one of those worst case economic scenarios.

 

I expect the market to rally (partial sarcasm) or it could waffle

 

People are putting their greedy head in the sand thinking this will be a tiny bump in the road. Hope I'm wrong here!!

I think the markets going to suck for a few quarters with earnings and unemployment numbers coming out, and until those stabilize it will be a rough ride.

 

It depends on the scenario. If you have hyperinflation ala Venezuela or Argentina, precious metals could be useful to help preserve your purchasing power. Or buy a ticket to somewhere safer. That said, my physical silver has been one of the worst investments I've ever made, down 30% or something, no dividends, but it's shiny and makes a nice clink.

 

Not enough to make me invest money that I shouldn't be investing. Another 10% drop, I'll probably end up doing it.

 

BA is $10 lower than what I sold it at. Tempted to buy in again after the news haha

 

My head would be one..

 

Close, only off by 2,000 points.

 

What scares me about BA is:

The current state of the airlines

The Max fiasco that shows no signs of wrapping up. I wonder what the civil liability on that is going to end up being. The deaths, hull losses, lost orders and loss of use.

 

Unemployment comes out day after tomorrow right?