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#121
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Joined: Jun 2010
Posts: 4,806
Likes: 891
What are people’s thoughts..think the rally will hold. Maybe a little dip then rise?...
current market is tough for short sellers...it’s 50:50 on where we go from here. Arguments to be made on either side.
long term you can’t go wrong with current prices...as long as the company doesn’t go belly up.
current market is tough for short sellers...it’s 50:50 on where we go from here. Arguments to be made on either side.
long term you can’t go wrong with current prices...as long as the company doesn’t go belly up.
#122
What are people’s thoughts..think the rally will hold. Maybe a little dip then rise?...
current market is tough for short sellers...it’s 50:50 on where we go from here. Arguments to be made on either side.
long term you can’t go wrong with current prices...as long as the company doesn’t go belly up.
current market is tough for short sellers...it’s 50:50 on where we go from here. Arguments to be made on either side.
long term you can’t go wrong with current prices...as long as the company doesn’t go belly up.
#123
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Joined: Nov 2015
Posts: 198
Likes: 45
From: West Michigan
Consumer spending and stock buybacks are the major contributors to driving the markets to historic highs in many financial professionals opinion.
Unemployment @ 16 million and growing.
1/3 of Americans did not pay their rent this month--with an educated guess that car payments will show the same trend.
All of the major auto makers are shut down due to lack of demand.
Guesstimates that about 1/4 to 1/3 of businesses may not reopen after the shutdown.
Supply chain disruptions as a result of these businesses going under.
Housing sales are predicted to drop 25-35% depending on market.
My best guess is that the recent recovery is strictly an emotional response based on the perception that help is on the way. The fundamentals of business have not changed and showing a profit will be pretty difficult for some time IMHO.
Unemployment @ 16 million and growing.
1/3 of Americans did not pay their rent this month--with an educated guess that car payments will show the same trend.
All of the major auto makers are shut down due to lack of demand.
Guesstimates that about 1/4 to 1/3 of businesses may not reopen after the shutdown.
Supply chain disruptions as a result of these businesses going under.
Housing sales are predicted to drop 25-35% depending on market.
My best guess is that the recent recovery is strictly an emotional response based on the perception that help is on the way. The fundamentals of business have not changed and showing a profit will be pretty difficult for some time IMHO.
#127
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Joined: Dec 2017
Posts: 178
Likes: 181
#128
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Joined: Jun 2010
Posts: 4,806
Likes: 891
not sure why you’re responding like a d-bag...like you have a crystal ball. Dow touched -700 today. Seems like they are on stable ground for sure.
#129
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Joined: Jun 2010
Posts: 4,806
Likes: 891




