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.

Market prices are telling you what they think of small cap and mid cap companies. Overall they are not recovering. Recovery is in large and megacap.

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.

Still holding !!

It sure is...but it’s only been a day.

my opinion is most stocks are priced too rich. they would need to drop another 8-10% to peak my interest.

PSTI
They are doing a clinical trial at Holy Name Hospital in Teaneck,NJ
The stock is going up rapidly,I think something is up.

write that in your note book and tell us how that works, my TV showed market seems to be running uphill and the DOW is coming back nicely after all jumped ship & Bio techs will be a grand slam

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.

geeze you called it...up 25%. Nice job. I made few bucks off it. Thanks.

Did you sell before it dropped? Ive always lost money chasing FDA pending approval drug companies. high risk

Down 16% since my purchase... Par for the course. OKE has been a good buy though.. (Guess you have to be an okie to know that one...)

I was referring to Moses.. did you get psti also?

How about gold?

loaded up on silver & gold bullion back on March 18 when she hit bottom and my 1st order just got delivered Saturday ,looks like they are still slammed with orders and 4 to 6 weeks to deliver ..check out Scottsdale mint

I invested everything in groceries. Now I’m worried about it going to sh!t

Margins are tough do to competition. I've owned Kroger for awhile. Sold them all recently (Friday) at a reasonable price. Groceries overall are a tough market.

Talking on a investment forum today, nobody could help with drive oil or bilge pumps.

Not a surprise. They can't give you any substantial accurate investment advice either. At least this site can give you accurate drive oil and bilge pump advice.😀

Is anyone out there knowledgeable with the oil stocks? Any great deals or just to risky at this point.

Oil went negative today, to sell a barrel you would have to pay someone to take it off your hands............clearly hypothetical but they are pumping so much and demand has fallen so hard that they are running out of places to store it! Crazy times......


From the WSJU.S. oil futures plunged below zero for the first time Monday, a chaotic demonstration of the dwindling capacity to store all the crude that the world’s stalled economy would otherwise be using.

The price of a barrel of West Texas Intermediate crude to be delivered in May, which closed at $18.27 a barrel on Friday, ended Monday at negative $37.63. That effectively means that sellers must pay buyers to take barrels off their hands.
..

yes, my average trade is 10-30 mins. Then I unload it. Very rare I keep stocks overnight.

I don’t get all the profit out, as it’s impossible to predict peaks...I take what the market gives me. I made 6% off of it and moved on. $600 in 5-10 mins is easy work.

MRNA was a winner today. It was up 6% bought in...and unloaded at 10%. Kick myself because it shot up to 16%...but as mentioned it is what it is...better than the alternative.

why not just invest in the ETF...?

Anyone else think there may be a slingshot effect on gas prices once this is over? I'm not talking about crude prices but at the pump. Theres a massive amount of crude inventory but since they are losing money now, they Jack up prices to make good on their profit margins.

Screw stocks Real Estate houses will go up after this virus no one will want to rent or live in multible dwelling complexes! Maybe wake up call build equity and be safe from outlanders! Detached housing in!Also crowded condos co op etc etc OUT! Good time to buy and flip good luck! Peace be safe!

I have a hard time thinking that real estate will go up with millions out of work and millions more overextend on mortgages and probably 70% of Americans living check to check before this.

Starting to wonder if oil is the catalyst for another massive sell off. Are stocks gonna re test the lows. Futures down 600

Old school still believe in hoarding CA$H and bullion , and the kids & future grandkids will enjoy it . Its not money I need to put food on the table or gas in the boat

Agreed
My nephew was in contract to buy a house. He was layed off. Contract cancelled.

X2...real estate gonna get hammered. I can maybe see more people resorting to renting over buying. There might be a play there. Autos will also be killed. No one driving or buying cars this year.

old school also said to check my notebook when Dow was on the up and up...down 700 as I type this. That makes 1300 loss since Sunday night.

My sister got an email from her mortgage broker last week. Basically saying "don't submit an application for a mtg or refi without 20% down/equity and a 700+ score." She just closed on a new house last year and it was a blanket email to all of their clients. Banks don't want to write "no profit mortgages" at 3-3.5% so by only picking their best applicants they will likely get the best out of their worst returns.


I don't see real estate being viable for a while. Buyer pool just shrunk and I think the qualified buyers that are left are thinking they will wait for a better deal (prices fall with less activity). Cars/trucks will have sales based on the 0% stuff but even then, if you aren't working you don't need/want a new car.


Neighbor leased their kid a new Jeep Wrangler yesterday as a graduation present. I didn't think the deal was a steal, it was ok but kind of like the loss leader deal they used to put in the newspaper to get traffic into the dealership. I've got a 2018 Yukon, I've been looking for a 2020 replacement if the deal is great. I put 33K on my 2018 and I don't love the 2021 body style change so a 2020 would interest me now. I saw a 2021 at a gas station in my exact color and didn't like the grill/sides at all. Truck had MI manufacturer tags on it so I've seen the new model in person.

PSTI ! $9.57 today still moving based on their other products also.I think I will sell on Thursday,

OK

New generation after this will be going back to home ownership if & when this virus ends! Detached homes!

About 7 years ago I bought my place, 15 year mtg, 20% down no points 3.25% Credit consisted of 2 credit cards, first time buyer. never financed a car before so that was on very limited credit. Looking at it that way, not much has changed.

Son in law works for a major tier 1 supplier and they furloughed 54% of the front office today.
Retiring soon and sent in our pre qualification -- over 800 credit rating and 100%+ in fixed funds to cover the cost--got approved in less than 10 minutes.
We plan on sitting back and letting things go down the drain-and leveraging the market.

Hoping the economy tanks? No doubt that you really have your **** together and have worked hard at it your whole life (congrats for that!), but damn!

At what point does a guy buy into "energy"? There are many companies that have been hit hard, but at least some will thrive out of it.

Wow, you ought to be proud.

Not necessarily "hoping" but given the economic data it seems inevitable.
The odds of a "w" shaped recovery are getting higher by the day if you believe the financial news. Mortgage forbearance, consumer loan relief, and the federal unemployment subsidy are currently set to expire in early fall.
The work from home movement stands to take a heavy toll on commercial real estate and related support businesses with estimates that over 1/3 may never return to the conventional office environment. Airlines and hotels may never recover from the loss of business travel.
It will be an interesting election season--and a important one for investors IMHO.