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Reaction to today's stock market
- Thread starter Gunfighter14e2
- Start date
Good luck finding a chest freezer right now, they’ve been sold out for weeks where I live.
You can fit the all of mankind in Rhode Island. You can drown them all in Loch Ness... three times over. Overpopulation is an ecospiritual myth. Like global warming, and wind power.I have always said that what this world needs is a good plague...solve the over population problem...
Drowning 8 billion people is easy. Feeding them; well, that's a bit more difficult.
Obviously you have never been stuck in traffic in L.A. trying to get across town...
Thankfully, neither have I lo these last 55 years...
No, it’s not. We haven’t scratched the surface of what we could feed.
Redirect Notice
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We have an over abundance of food, and that’s in spite of our low yield, low labor farming practices. Now ask yourself why some people are hungry.
Pretty funny Robert Wolf former CEO of UBS....progressive uber liberal who despises Trump and was Obumble's top Wall Street advisor was just on with Maria Bartiromo. 'I've been out of the market for 10 years, but I bought the S&P Friday and I'm buying again today.'.
I adjusted a few more orders to prices that are probably not gonna fill, but they are just gravy. If they pop I'm gonna have a big steak for lunch!
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Kramer is finally talking in depth about passive investing dragging great companies share prices down right now. Bargain bin shopping on steroids if you know what to look for.....but the panicking ETF crowd who doesn't know what they own are dragging down everything under the sun. Stay frosty deals of the decade still to come!
“Give portions to seven, yes to eight, for you do not know what disaster may come upon the land.”
Obviously you have never been stuck in traffic in L.A. trying to get across town...
Thankfully, neither have I lo these last 55 years...
Finally, you speak!
And you post a perfect illustration of how you climate Nazis and "after humans" cults, come to your rather unsubstantiated conclusions.
Traffic, how rich. And shallow.
Some money has been made fading Kramer’s suggestions fwiw
Pull the trigger, you’ll never pick the perfect bottom and as mentioned above, in 12-24 months you’ll be happy
Just don’t chase dumb shit. Do solid research into what you plan to invest in.
Once you buy, be prepared to watch your original amount shrink right now, lol.
I’ve done very well for myself in the last 15 years by sticking to my hard and firm rules.
Once you buy, be prepared to watch your original amount shrink right now, lol.
I’ve done very well for myself in the last 15 years by sticking to my hard and firm rules.
Sorry bad spelling. Jim Cramer......talking head on CNBC. Pretty insightful guy in terms of trends and while I don't invest quite like he does still enjoy listening to him b/c his 30,000 ft macro views tend to be darn good. He's not a big Trump fan, but if you can stand the occasional knock on POTUS you can learn a lot. Just threw that in b/c some people discount other's POV due to political leanings.....which CNBC ain't shy about voicing! Cramer echoed what fatcock said do your research....he did bring up Verizon, but said do your homework b/c there are a ton of great companies out there getting dragged down with the market.
I watch Cramer too.
I don’t give specifics, as I am very high risk. I’d hate to lose another person’s savings based off what I said.
I’ve been right, a lot, over the years and have been very successful. However, those times I was wrong we’re quite painful.
Tons of research is what, I believe, has allowed me to do well.
Something else I do if I’m long is I will only check that one 3 times a day. That has saved me more money than I care to talk about, lol.
I don’t give specifics, as I am very high risk. I’d hate to lose another person’s savings based off what I said.
I’ve been right, a lot, over the years and have been very successful. However, those times I was wrong we’re quite painful.
Tons of research is what, I believe, has allowed me to do well.
Something else I do if I’m long is I will only check that one 3 times a day. That has saved me more money than I care to talk about, lol.
I sent him a PM echoing almost the same thing verbatim about particular tickers. I am not an FA and I don't want the responsibility of structuring a portfolio with someone's livelihood.
We think very much alike in the research sense in that I gave a resource where I get most of my research done and also have a pay wall subscription to a dividend aggregator. It's quite an education, but none of it is any more difficult then long range shooting, ballistics, reloading etc. it's not rocket science.
i've put this up before if anyone else is interested tons of free content and there are also pay wall subscriptions to some outstanding insight with some really great minds.
seekingalpha.com
We think very much alike in the research sense in that I gave a resource where I get most of my research done and also have a pay wall subscription to a dividend aggregator. It's quite an education, but none of it is any more difficult then long range shooting, ballistics, reloading etc. it's not rocket science.
i've put this up before if anyone else is interested tons of free content and there are also pay wall subscriptions to some outstanding insight with some really great minds.
Stock Market Analysis & Tools for Investors
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With the nation shutting down, i fail to see how the economy is going to gain. If folks aint making it to work, and so many industries taking a hit, i can’t see how that makes the market rise. Today’s events are just like the other days the market gained in the last week.....a spike when they announce action, but once folks have had a day to process said action and how it will play out, it’s back to losses.
I hope i’m wrong. But i dont see this turning around anytime soon. At least not until the nation is back on track and folks are back to work acrossed the board.
I hope i’m wrong. But i dont see this turning around anytime soon. At least not until the nation is back on track and folks are back to work acrossed the board.
^ You are talking way above my comprehension level. That being said, it seems you and i are essentially on the same page.
If you don't mind telling, how much did that share cost you so we can track it and find out when it gets down to -0
That was fast -> junk can now be used as collateral ,last time this was offered in 2008 it resoulted in massive fraud
Fed Launches Primary Dealer Credit Facility Which Will Accept Stocks As Collateral
Credit extended to primary dealers under this facility may be collateralized by a broad range of investment grade debt securities, including commercial paper and municipal bonds, and a broad range of equity securities.
This means that as of this moment, equities - which are worth zero in a worst case scenario - are eligible collateral for Fed liquidity
Dealers can now buy stocks at what are still massively overinflated valuations thanks to trillions in central bank liquidity, knowing they can then turn around and pledge them to the Fed at a collateral value that is determined after several rounds of single malt between the fund and some NY Mellon back-office lackey who will write down pretty much anything in exchange for a free dinner, and even if the stocks crashes the Fed will still assign whatever value BNY Mellon decides it is "worth", basically giving the dealers not only a costless purchase but also a free put option!
That said not all equities are eligible as collateral: "the following equities would not be eligible: exchange traded funds (ETFs), unit investment trusts, mutual funds, rights and warrants
I am mixed on the cash payments. On one hand we don't really need the debt. On the other hand I really do not want to have to repel the stupid because they are desperate. The mob mentality and the agitation by the press could make this become very significant and destructive. Our economy will restart with a great fury unless we have even bigger problems in the aftermath.
This is a very significant event in our history. We journey into the unknown. IMO the virus is less significant than the repercussions we will face from the fear and anxiety. Keep your head and don't lose your cool.
It aint the virus i fear. It’s the masses of stupids that have/will lose their minds. If only everyone would calm down.
$1k ain't going to stop any violence. The types that would riot will get rid of that $1k as fast as possible. If they have a cc, they may have spent it all yesterday.
Return to stagflation?
Return to stagflation?
Well as of Wednesday 5:30 a.m. PST, stock futures are down, down, down...it hit the limit then stopped trading...so good luck with that opening bell...
Why would you asume 2300 to hold ,even at that , most of the stock is still overvalued especialy now, that everything is grinding to a halt and trillions of dollars are being injected into the banking and stock market to keep it going when none is buying shit they are selling.
Time to start going chapter 11 on any and all companies that wasted $$ on stock buybacks and now want a bailout .
Time to start going chapter 11 on any and all companies that wasted $$ on stock buybacks and now want a bailout .
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I was being facetious....I love talking about the market and buying in now....LMAO
No shit. I mean, there are various arguments to be made that the S&P should be sitting around 2000-2400 just based upon normal fundamentals if all was well... which as we know, all is very much not well.
It may be better to start viewing this as 2008, Part II: The Refuckening (kinda like a course historical parallel to 1929 & 1933, although that analogy is rough at best). And so if investors got spooked enough to drive the S&P down to 666 based upon GDP growth rate of -5% in 1Q2009, then what might happen when we print a -20% number for 2020Q2? Maybe we should account for the fact that real GDP was ~$14.5T in 2009 and currently sits closer to $21T, but then again that sort of simple math may be too rigid to account for investor psychology.
Anyways, I'm *not* trying to make any specific estimates of how low this could go, or when it's gonna bottom. All I'm trying to suggest is that everyone should pepper their angus in preparation for a drop the like of which we haven't seen in our lifetimes.
But if someone does decide to go balls-deep, please by all means keep us informed how it goes. At some point, the market will indeed become oversold, and we know from history that this is when the real money will be made.
This is all bullshit is what it is. Guess those in charge kept their word. It proves to me that people behind the scenes do shit to manipulate. All is actually pretty fucking well other than everyone losing their minds over some stupid BS. Virus real or not, most of this is manufactured.
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