All things STOCKS

[Big Gucci Sosa]

I might be out on my own here, but I really don’t expect the unemployment #’s to be that bad.

Next month will be interesting. I just feel like it’s mainly very expendable jobs.

 

[TheColdVolTruth]

I might be out on my own here, but I really don’t expect the unemployment #’s to be that bad.

I agree..... you're out on your own there. I'm rooting for you to be right, but I think there will be some sticker shock on the jobs report.

 

[Big Gucci Sosa]

I agree..... you're out on your own there. I'm rooting for you to be right, but I think there will be some sticker shock on the jobs report.

Jobs will recover just as fast. It’s gig jobs

 

[BigOrangeMojo]

Jobs will recover just as fast. It’s gig jobs

Of course, if you are making $10 an hour, will you rush back to work if you are getting normal unemployment plus another $600 a week in unemployment?

 

[TheColdVolTruth]

Jobs will recover just as fast. It’s gig jobs

I think they will recover quickly. Not as quickly as they were lost, but much faster than a traditional recession. But there will be some big numbers over the next two reports.

 

[#JuanVol]

What do you want to do with it? RH is user friendly but has some issues. I would recommend webull or tda

I just have a little extra cash and thought about buying a few stocks just to play with and maybe learn a few things. Not looking to pay a bunch of fees.

 

[#JuanVol]

Robinhood’s app is probably the simplest and has best designed phone app, imo. They had a couple of outages recently which caused them to catch a lot of grief, but unless you’re day trading I’m not sure it’s the end of the world and it seems to have been an isolated event due to the high volume of the recent crash.

Schwab, TD Ameritrade and Fidelity are higher quality and more reliable, but if you like using primarily your phone, the Robinhood app is really hard to beat in my opinion. It’s very well designed and user friendly. I’ve also heard good things about Webull and m1finance.

thanks

 

[UT-Rex]

Well well, the bill passed. JNUG should keep running.

Possibly. Based on?



Worldwide mining disruptions

 

[VolAllen]

Possibly. Based on?



Worldwide mining disruptions

Inflation. It may dip while the miners aren’t mining, but any bit of news that they’re back and it skyrockets.

 

[VolAllen]

JNUG

 

[mrmax86]

IBIO
They're working on a quick COVID-19 Vaccine.
iBio Announces Advancement of COVID-19 Vaccine Program

 

[mrmax86]

JNUG

What ensures that this will go back up?

 

[BigOrangeMojo]

Over 3 million new unemployment claims. Approx. 5x more than any week in history.

 

[VolAllen]

What ensures that this will go back up?

Uhh...it’s going up as we speak

 

[lmoore944]

JNUG

U selling today?

 

[95 Vol Alum]

I might be out on my own here, but I really don’t expect the unemployment #’s to be that bad.

They were, by the Department of Labor's own words:

"the advance figure for seasonally adjusted initial claims was 3,283,000, an increase of
3,001,000 from the previous week's revised level. This marks the highest level of seasonally adjusted initial claims in the
history of the seasonally adjusted series. The previous high was 695,000 in October of 1982."

 

[VolAllen]

U selling today?

I’ve got 1,000 shares. I want to see what happens if it can break through 7.10 again. Would like to see $8-9

 

[Volbucky]

I’ve got 1,000 shares. I want to see what happens if it can break through 7.10 again. Would like to see $8-9

Not much movement on MARK today, stalled out it seems

 

[JCHateSteve]

A bit afraid you will see huge unemployment spikes (and a longer period of higher unemployment) since it will be better for a lot of employees to stay unemployed financially.

I work with folks filing new Unemployment claims. There has been a jump, but nothing crazy so far. It could be worse in the more urban areas.

 

[VolAllen]

Not much movement on MARK today, stalled out it seems

Yea that’s what I thought too about ttoo....then it hit lol.

 

[VolAllen]

Jcp is the one I’m kind of pissed at. Ceo needs to say something

 

[Big Gucci Sosa]

Hmmmm need a sell off so o can buy some Boeing Dips

 

[SpringBokVol]

Hmmmm need a sell off so o can buy some Boeing Dips

BA is soaring.

 

[Big Gucci Sosa]

BA is soaring.

Yup! Should spike again with the signing of the stimulus bill

 

[DocVOLiday]

Robinhood’s app is probably the simplest and has best designed phone app, imo. They had a couple of outages recently which caused them to catch a lot of grief, but unless you’re day trading I’m not sure it’s the end of the world and it seems to have been an isolated event due to the high volume of the recent crash.

Schwab, TD Ameritrade and Fidelity are higher quality and more reliable, but if you like using primarily your phone, the Robinhood app is really hard to beat in my opinion. It’s very well designed and user friendly. I’ve also heard good things about Webull and m1finance.

I agree. I think as I learn more and get more comfortable (and want better tools at my disposal), I'll switch and start using TD Ameritrade or similar, but for now, robinhood is pretty simple and convenient.

and a reminder to others that if you're going to sign up with robinhood - make sure you have a friend or family member refer you so you get a free stock (could be worth not much, or could be MSFT or apple)