cheap stocks
03-13-2020 | 02:16 PM
#24
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Joined: Nov 2000
Posts: 3,949
Likes: 92
From: IL...XLOTO
JPM
DIS
AXP
AAPL
AMZN
Would stay away from Oil for now. Some of the tech stocks are down yes, but they were also extremely high going into February so buy in gradually. Nobody is going to be able to perfectly time the bottom, so buying in gradually is the best advice anyone can give.
But do not forget to buy mostly S&P 500 funds. The top choices for me are VOO or SPY, both are just as good. I am going to load up on UPRO which is 3x leveraged to the green side for the S&P 500. Works both ways obviously, lots of gains or lots of losses, but at current price levels, I feel pretty confident in a 20%+ return in 3-6 months. Remember, something like 90%+ of traders can't beat the S&P 500 year on year. It's at a steep discount right now. No brainer.
DIS
AXP
AAPL
AMZN
Would stay away from Oil for now. Some of the tech stocks are down yes, but they were also extremely high going into February so buy in gradually. Nobody is going to be able to perfectly time the bottom, so buying in gradually is the best advice anyone can give.
But do not forget to buy mostly S&P 500 funds. The top choices for me are VOO or SPY, both are just as good. I am going to load up on UPRO which is 3x leveraged to the green side for the S&P 500. Works both ways obviously, lots of gains or lots of losses, but at current price levels, I feel pretty confident in a 20%+ return in 3-6 months. Remember, something like 90%+ of traders can't beat the S&P 500 year on year. It's at a steep discount right now. No brainer.
03-13-2020 | 03:45 PM
#27
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Joined: Sep 2019
Posts: 81
Likes: 10
Miraculously, Trump's press conference went spectacularly. The markets loved everything he had to say as well as the CEO's and Doctors. Let's hope we just bounced off the bottom.
Yeah the iShares Trust ETF Funds are exactly what I'm talking about. I trade them frequently.
Ishares Trust ETF funds are an easy way to do this. They have S&P 500 ETFs that diversify your investment across a number of companies, yet can be bought and sold like individual stocks, unlike most mutual funds. Agree with you on oil, it hasn't done squat for a number of years now. I happily sold out of much of my oil stuff in January. When everything else zoomed up in 2019, my oil stuff stayed flat. Glad I did. Like you said, now I can use that cash to buy into the S&P ETFs periodically a little bit at a time.
03-13-2020 | 06:14 PM
#28
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Joined: Feb 2003
Posts: 6,192
Likes: 318
From: Lafayette,La
What was just witnessed in the last twenty minutes of trading was a point blank headshot to any notion that there is true price discovery in any asset in this market.
The DOW shot up 1400 points in ten minutes. Where was the circuit breaker on that?
A total coordinated cross asset buy across all markets executed faster than any human being could ever attempt. An actual impossible move.
The president announces a national emergency and the market jumps 2000 points. An exact timestamp that will forever be known in history as the most ****ed up moment in existence.
People who are alive now can look back in the future at Friday March 13th 2020 as the day when the United States of America ended. Make no mistake. It is over.
The Fed is handing $4.5 trillion to Wall Street to save an artificial construct of the economy while the real economy implodes.
Everyone in Washington and the whores of Wall Street should all be ripped from their happy dance and executed on the spot.
-ADR
The DOW shot up 1400 points in ten minutes. Where was the circuit breaker on that?
A total coordinated cross asset buy across all markets executed faster than any human being could ever attempt. An actual impossible move.
The president announces a national emergency and the market jumps 2000 points. An exact timestamp that will forever be known in history as the most ****ed up moment in existence.
People who are alive now can look back in the future at Friday March 13th 2020 as the day when the United States of America ended. Make no mistake. It is over.
The Fed is handing $4.5 trillion to Wall Street to save an artificial construct of the economy while the real economy implodes.
Everyone in Washington and the whores of Wall Street should all be ripped from their happy dance and executed on the spot.
-ADR
03-13-2020 | 06:33 PM
#29
Registered
Joined: Nov 2000
Posts: 3,949
Likes: 92
From: IL...XLOTO
What was just witnessed in the last twenty minutes of trading was a point blank headshot to any notion that there is true price discovery in any asset in this market.
The DOW shot up 1400 points in ten minutes. Where was the circuit breaker on that?
A total coordinated cross asset buy across all markets executed faster than any human being could ever attempt. An actual impossible move.
The president announces a national emergency and the market jumps 2000 points. An exact timestamp that will forever be known in history as the most ****ed up moment in existence.
People who are alive now can look back in the future at Friday March 13th 2020 as the day when the United States of America ended. Make no mistake. It is over.
The Fed is handing $4.5 trillion to Wall Street to save an artificial construct of the economy while the real economy implodes.
Everyone in Washington and the whores of Wall Street should all be ripped from their happy dance and executed on the spot.
-ADR
The DOW shot up 1400 points in ten minutes. Where was the circuit breaker on that?
A total coordinated cross asset buy across all markets executed faster than any human being could ever attempt. An actual impossible move.
The president announces a national emergency and the market jumps 2000 points. An exact timestamp that will forever be known in history as the most ****ed up moment in existence.
People who are alive now can look back in the future at Friday March 13th 2020 as the day when the United States of America ended. Make no mistake. It is over.
The Fed is handing $4.5 trillion to Wall Street to save an artificial construct of the economy while the real economy implodes.
Everyone in Washington and the whores of Wall Street should all be ripped from their happy dance and executed on the spot.
-ADR
03-13-2020 | 06:38 PM
#30
Registered
Joined: Aug 2014
Posts: 1,025
Likes: 225
From: Ohio
Boeing has a ways to go with the 737 max stuff, but I think if they get it back off the ground and get the public’s perception of it being safe it will be a winner.
I put all the cash in my brokerage accounts into PEJ today, it’s basically a travel etf. Airlines, hotels, disney, etc., but all domestic companies. A month ago was $45 a share, bought today at $25 and some change if I remember right. Trying to round up some more money this weekend to add to it. To what you said about oil, I think that China and Europe acted slowly compared to how the US has handled this thing. When we move on past this bs I think that they will still be struggling which will keep demand low (in addition to Russia and OPEC) and prices will stay low which helps the airline industry more than anything else.
Fingers crossed this thing slows down and everything rebounds hard before November.
Ishares Trust ETF funds are an easy way to do this. They have S&P 500 ETFs that diversify your investment across a number of companies, yet can be bought and sold like individual stocks, unlike most mutual funds. Agree with you on oil, it hasn't done squat for a number of years now. I happily sold out of much of my oil stuff in January. When everything else zoomed up in 2019, my oil stuff stayed flat. Glad I did. Like you said, now I can use that cash to buy into the S&P ETFs periodically a little bit at a time.
Fingers crossed this thing slows down and everything rebounds hard before November.
