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TYPHOON 03-12-2020 01:06 PM

cheap stocks
 
If you had the cash what stocks would you be buying now?

Bostonirish 03-12-2020 01:28 PM

Amazon , apple

96scarab 03-12-2020 01:32 PM

Oil...MRO
NCLH..People will cruise again!

open87 03-12-2020 01:55 PM

https://www.zerohedge.com/markets/st...arking-selloff


08/9 was 700 billion .. in months...


ICDEDPPL 03-12-2020 04:14 PM

Bitcoin, RJL prefered stock, VTI

TYPHOON 03-12-2020 04:45 PM

Are most of you holding long or did you sell and go safe? I held almost everything and just bought Apple and Amazon today. I am praying I did the right thing.

underpsi68 03-12-2020 05:16 PM

I think it has a little more to drop. Transferred in accounts and ready to move when needed.

Jupiter Sunsation 03-12-2020 05:27 PM

I'd think Amazon is going to be a strong performer as people will want to order online, avoid stores.

Disney is down $50 a share, apple is down $75 in a month.......this is crazy

Royal Carribean is down 75% in a month. 113 to 30......ouch

1960brookwood 03-12-2020 06:16 PM


Originally Posted by TYPHOON (Post 4729146)
Are most of you holding long or did you sell and go safe? I held almost everything and just bought Apple and Amazon today. I am praying I did the right thing.

Moved a good percentage into safe funds several several years ago on a gut feeling about the market. Based on the almost unbelievable rate of major events being cancelled and the corresponding fallout we have a long way to the bottom--IMHO.

Nate5.0 03-12-2020 06:25 PM

Apple, Disney, and Boeing and would buy and hold

AllDodge 03-12-2020 06:42 PM

I'm not a player, don't buy very often. Bought Ford in 08 for 0.99

phragle 03-12-2020 07:49 PM

I cant help but think in 6-9 months we will never know this happened...

Bostonirish 03-12-2020 08:05 PM


Originally Posted by Jupiter Sunsation (Post 4729156)
I'd think Amazon is going to be a strong performer as people will want to order online, avoid stores.

Disney is down $50 a share, apple is down $75 in a month.......this is crazy

Royal Carribean is down 75% in a month. 113 to 30......ouch

I was watching that royal Caribbean stock . Crazy

Bostonirish 03-12-2020 08:06 PM


Originally Posted by AllDodge (Post 4729166)
I'm not a player, don't buy very often. Bought Ford in 08 for 0.99

does that ford stock pay dividends ? Good buy !!

woody81 03-12-2020 08:32 PM


Originally Posted by TYPHOON (Post 4729116)
If you had the cash what stocks would you be buying now?

oil. Buying DNR and BTE.

AllDodge 03-12-2020 09:07 PM


Originally Posted by Bostonirish (Post 4729179)
does that ford stock pay dividends ? Good buy !!

yes,

Griff 03-13-2020 01:45 AM

Halliburton

Thor39 03-13-2020 11:34 AM

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.

Canuck B Crazy 03-13-2020 01:18 PM

President Trump is speaking at 3pm. He'll likely spook the markets again. I'm staying short gold and silver. I'm also short Canadian banks.

TexomaPowerboater 03-13-2020 01:36 PM


Originally Posted by TYPHOON (Post 4729146)
Are most of you holding long or did you sell and go safe? I held almost everything and just bought Apple and Amazon today. I am praying I did the right thing.

Think Apple will have a hard time because they went all in on China, other than that I think you were wise.

Thor39 03-13-2020 01:37 PM


Originally Posted by Canuck B Crazy (Post 4729279)
President Trump is speaking at 3pm. He'll likely spook the markets again.

Most likely.

thirdchildhood 03-13-2020 02:09 PM

Toilet paper.

open87 03-13-2020 02:12 PM

Great , just informed all schools are closed in Louisiana...crazy.....my daughter probably doing cart wheels right now at school..

Mentalpause 03-13-2020 02:16 PM


Originally Posted by Thor39 (Post 4729262)
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.

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.

Interceptor 03-13-2020 03:14 PM

We're retired, got out of the market Feb.11th.

Mentalpause 03-13-2020 03:15 PM


Originally Posted by Canuck B Crazy (Post 4729279)
President Trump is speaking at 3pm. He'll likely spook the markets again. I'm staying short gold and silver. I'm also short Canadian banks.

He spooked it up

Thor39 03-13-2020 03:45 PM

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.


Originally Posted by Mentalpause (Post 4729289)
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.

Yeah the iShares Trust ETF Funds are exactly what I'm talking about. I trade them frequently.

open87 03-13-2020 06:14 PM

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

Mentalpause 03-13-2020 06:33 PM


Originally Posted by open87 (Post 4729324)
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

Computer trading. Been around for awhile. No different than opens that happened earlier in the week. Relax.

tmmii 03-13-2020 06:38 PM


Originally Posted by Nate5.0 (Post 4729162)
Apple, Disney, and Boeing and would buy and hold

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.


Originally Posted by Mentalpause (Post 4729289)
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.

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.

AllDodge 03-13-2020 06:59 PM

The vast majority of all the money in the stock market are controlled by the top 5% of the population. They are the ones going in panic mode, buy/sell. I sit back and keep doing what I've always done and grin knowing some of those rich folks are loosing more in one minute then I made in a life time. I will all come back for small dollar folks like me given enough time, and that's ok

hogie roll 03-13-2020 07:17 PM

Just got rich shorting oil via DRIP and WTID. Sold about 70% of it yesterday.

There is still some room for this market to drop if SP500 is to catch down to corporate EPS (correlates again at 2000ish)

Disclaimer, I’m generally bearish.

Canuck B Crazy 03-13-2020 08:26 PM

A rally following a bad week isn't unusual. Shorts have to cover, i.e. buy. Add in fed helicopter money and you get a good rally.

Canada has bigger problems then the virus. Oil is the economic engine that drives the west. The Royal Bank of Canada, CIBC, Scotiabank and Bank Of America, all big banks said today they believe Canada will be in recession this year.

flat rate 03-14-2020 09:18 AM

Bud is a great buy at $44.00!

Canuck B Crazy 03-14-2020 04:27 PM

I'm covering my gold and silver short, as soon as the market opens. I'll wait for the futures for further comment.

speicher lane 03-14-2020 05:27 PM


Originally Posted by AllDodge (Post 4729334)
The vast majority of all the money in the stock market are controlled by the top 5% of the population. They are the ones going in panic mode, buy/sell.

The one's that are selling in a panic are those that are overextended with no reserve cash flow ....same as '08... This was not a hard nose dive so an investor only looses IF they sell.

I know 1 investor in the last crash that lost double digit Millions $ on paper but their liquid cash flow was more than sufficient to ride it out and came out on the end with ridiculous profits as he was still buying low when others were screwed - system recovers et voila!

Canuck B Crazy 03-15-2020 08:27 PM

Looks like tomorrow is going to be another down day. If the US shuts down like Europe, most likely. Things are going to get a lot worse.

1960brookwood 03-16-2020 03:27 AM


Originally Posted by Canuck B Crazy (Post 4729595)
Looks like tomorrow is going to be another down day. If the US shuts down like Europe, most likely. Things are going to get a lot worse.

The last guy that used the approach of extremely low interest and quantitative easing was severely criticized by those currently driving the bus???

AllDodge 03-18-2020 08:39 AM

How's all the buying low and short going

Canuck B Crazy 03-18-2020 11:06 AM

I decided to stay short gold and silver. So I'm happy. We are in a 1929 situation. I believe if Biden wins, we'll wipe out those that bought the dips. Many bought the dips of 1929, they got wiped out in 1933. The market didn't rebound until 1954. One of the main reasons term limits got imposed on the president.

Canada is more screwed, we bet heavily on oil. Our oil is now $9.19 per barrel. Last week our biggest banks called for a recession. This week even our government is calling for a deep recession.


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