All things STOCKS

[BigOrangeMojo]

Futures show another bludgeoning tomorrow

 

[JFreak]

Futures show another bludgeoning tomorrow

?? I'm seeing down up 1.7%. Although it was down 2% a few hours ago.

 

[BigOrangeMojo]

?? I'm seeing down up 1.7%. Although it was down 2% a few hours ago.

Dow is projected +700 now, it was -700 when I typed last night.

 

[Grudenator]

Dow is projected +700 now, it was -700 when I typed last night.

It won’t surprise me if it starts positive and quickly jumps off a cliff again. People panic and make very bad decisions. That’s why having a diversified portfolio is critical in my opinion.

 

[SpringBokVol]

Oh my gosh, it’s up!

Feels like ED meds are working.

 

[Grudenator]

Oh my gosh, it’s up!

Feels like ED meds are working.

Didn’t the fed inject like 1+ trillion into the market though?

 

[Go aeiou]

I mean I could.. but why? I'm on a 30 yr fixed at 3.25%. Also should mention that the house is a full time rental.

Do you want out of the rental biz? Your return might be better than you can expect in the stock market. You need to look at that and your real return after taxes. How fast are home prices increasing there?
It will likely take some time to sell the house for not very much cash. The stock market might be overpriced by the time you get your cash. It has been overpriced for at least a year, imo. Most people I know were sellers in the past year.

Do you know anything about stock? Do you have significant experience? Can you analyze financial statements?

Some people hate the hassle of the rental business, especially residential. If you want out, get out. But, I've known people who retired by owning multiple rental properties.

If you do trade stock put as much as possible in your retirement accounts, IRA, 401k.

 

[Big Gucci Sosa]

from 1000 to 92 to 351 (DOW)

 

[rs16]

If history repeats, after the president speaks at 3, there will be a major move somewhere.

 

[BigOrangeMojo]

If history repeats, after the president speaks at 3, there will be a major move somewhere.

Down

 

[AllVols]

Thoughts on buying Gold?

 

[bignewt]

Thoughts on buying Gold?

supposed to be a good idea in times of crisis

 

[SpringBokVol]

Big swing up to close the day. And after Trump spoke.

 

[Sudden Impact]

+860 Dow dropped to 460 when the President Started. Then the 50 Billion $ Student loans then the CEOs Test kits crude oil purchases drive up tests and the list goes on and on the market is settling at 1985 can't complain @ 10% gain or close to it.

Now the Media follows with stupid questions and thankful the market is closed. The Media would have sucked the gains out of the systems. VP is also a market downer.

 

[Thunder Good-Oil]

Home Depot and Lowes should surge. With no sports on TV people are going work in their yards more. Scott's Miracle-Gro should have a great season. Not only due to no sports on TV, but people will be into self sustaining with their gardens.

 

[1972 Grad]

Home Depot and Lowes should surge. With no sports on TV people are going work in their yards more. Scott's Miracle-Gro should have a great season. Not only due to no sports on TV, but people will be into self sustaining with their gardens.

I bought 75 shares of Home Depot yesterday at $195. It closed at $205 today.

 

[Thunder Good-Oil]

I bought 75 shares of Home Depot yesterday at $195. It closed at $205 today.

Home Depot has been the better of the two for a while. They've both had windfalls from storms.

I think that car insurers will do well in the near term. People going to be staying at home more. Fewer opportunities to bend up their fenders.

If I did short/long pairings, I think that Deere will do better than Cat. Caterpillar is more mining than DE. Deere is more farming than CAT. People are stock piling corn and beans. General economic conditions will slow materials industry.

 

[Go aeiou]

Home Depot and Lowes should surge. With no sports on TV people are going work in their yards more. Scott's Miracle-Gro should have a great season. Not only due to no sports on TV, but people will be into self sustaining with their gardens.

Baby boom begins about 9 months?

 

[Big Gucci Sosa]

Made some money on $CHK with a yolo

 

[BigOrangeMojo]

Here's y'alls next stock to short (ha ha)

Started position in Cracker Barrel yesterday at $92.95. I think you'll see more car travel this summer which will help CBRL. It had good run after 9/11

@Thunder Good-Oil, the wife is doing her best to single handily help HDstock with my honey do list. I think the warm winter will help this stock big time and I've added to my existing position on Thurs as well

 

[GoVolsDR]

What a turn of events. We see a massive pump in the last hour of the day on Friday. But last week was the most volatile week in the stock market since 1929, which led into the Great Depression. Donald Trump leads off a Coronavirus press conference to announce the Fed cutting rates to 0. A move that was expected later this week with the FOMC meeting. With this, the Fed also announces a $700B QE program.

But what now? Futures markets gapped down in a big way, getting destroyed as I'm writing this post. You're down 4.79% and about to hit the limit for selling. That should tell you all you need to know about what's going to happen on Monday. You're already giving up ALL of the gains from Friday not even 30 minutes into the opening of the futures markets. I fully expect us to gap down huge Monday morning and hit another level 1 circuit breaker.

Edit: 18 minutes to hit the circuit breaker for futures. Bloody Monday awaits.

 

[Big Gucci Sosa]

Blood bath again tomorrow. Still holding late April calls

 

[SpringBokVol]

It the worst yet. Unreal.

 

[Go aeiou]

Jim Cramer says anyone who is selling stock this morning doesn't know what they are doing.

FOS.

 

[Freak]

This is nuts. My phone alerts are blowing up as the marketing is tanking this morning. Lol.