2 inches high at 100 yards.
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Absenteeism will increase. More will get the flu and colds, a form of corona virus. This is a very real but overblown situation in my opinion. Yes hand sanitizer is being panic bought among other items. And yes there will be a ripple in the force. I don't think it'll be as bad as they want you to believe.
People panic easily. Somewhere there's probably someone with their Y2K supplies stored in their cold war era bomb shelter, next to their stockpile of assault rifle ammo.
Ok, I have the ammo but that's it I swear.
Good luck.
It's true that this company has totally failed to produce anything and looks like they never will. But as you say, fools rush in, it's playable on the swings. The pattern seems to be a run up to selling mid day.
I'm personally afraid the market will figure out that they don't have any drugs.
Have they stopped progress on the cold sore thing to pretend to make something for the new virus like they did on ebola and bird flu?
LOL. I think I'll do what Buffet does in these situations, have a cup of coffee, read the funny papers and take a nap.
Seriously, Amazon will most certainly see a revenue bump as more people decide to avoid the malls. And there's something to be said for shopping in my slippers and lounging pants un-surrounded by weirdo's.
My account is now about 70% cash. I still own everything I had, just smaller positions. I was up nicely on the MAGA stocks and a few others, positions from six months to several years ago.
Selling everything is usually wrong in my experience but not selling anything is worse in this environment.
At some point buying will be prudent. Watch the bond market. Yield curve is inverted, 10 year yield is in all time record low territory because everyone is selling stocks and buying bonds. When that starts to correct itself sentiment is changing.
imho
There ya go, that's the stuff.
I honestly hope you do ok with your investment. Good luck.
Yes but it’s working to manipulate the market. It’s an opportunity to buy some stocks of good companies as they go down. Otherwise just wait it out. It’ll be fine.
China’s economy will be back on track by April ~ Commerzbank
https://www.cnbc.com/video/2020/03/06/coronavirus-china-economy-to-be-back-on-track-by-april-commerzbank.html
Ok good luck. Make money, that’s the goal. Yes it could tank, timing sell orders and fighting panic is how bulls AND bears make profits.
Notice the dueling pr’s on the news ticker now, “we didn’t release the bullshit pr, they did!”
LOL
I love watching this thing.
Correct, good point. Considering what will benefit from a particular event is good DD. In ‘08 one of my winners specialized in processing foreclosures.
That’s the stuff...
It’s important to research where any company’s revenue is generated. Having tunnel vision on phone sales is where many go wrong when considering Apple.
That’s a common mistake.
I see incredible support in the face of the current environment.
lol. OH NO......
OH NO! MARKET STILL IN BI-POLAR MODE! lol. These swings are the most tradable thing I’ve seen in awhile.
Not skeered.
It’s overblown. Out of 100 infected 99 are just fine. As a matter of fact they’re saying many aren’t even going to a doctor, they’re recovering on their own just like they had a cold. Which is by the way, a strain of corona virus.
This is fear mongering at it’s finest. (Market manipulation imo)
May calls bought at the bottom, up 221% so far. A little more upside and I’ll have to take a few off out of discipline.
That’s your concern? That’s weeks old, analysts will bake that into expectations. I can’t tell you how many times the crushed at earnings sentiment was wrong on this company. But good luck. If I thought that I would play puts into earnings.
Recovering nicely.
If it doesn’t continue that will be telling and could spark quite the rally. If it’s more of the same then what has become the standard volatility will continue for at least another cycle.
It didn’t sound good dude. The judges sounded totally unconvinced.
So you don’t believe a statement from a supplier but you believe a gut feeling based on nothing? Ok then good luck with that.
Wow. Nice recovery.
Golden cross coming up on the hourly chart techno geeks. Just sayin.
Dow futures +538
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Foxconn expects production in China to be back to regular pace by end of month. Grab those cheapies.
Looks like the market was more concerned with the democratic primary than anything else.
Thank you.
DOW futures up 324 at this time.
DOW futures up 324 at this time. Of course futures this early are meaningless but I just like posting it.
Can you post a transcript?
They’re “selling the news”, traders bought in for a potential run into the “event”. What they should be doing is wait for news of court results. That’s what I’m doing, I think it’s no secret that I don’t think this is an investment but geeze, I guess some can’t even execute a trade correctly. I’ll sell this trade position on that news whichever way it goes. I keep losses small. Hopefully I’ll sell a nice pop. Either way I don’t bet the farm on pennies.
Speculation adds an element of fun and excitement while the big board stocks do their predictable thing.
Good luck.
I think it instilled a little panic that things must be bad if the fed had to act. The market is irrational as a general rule. Remember the market is always right, just not always right now.
That’s when it tanked. I think that instilled a little more fear that things are bad enough for the fed to act. The market is a big irrational baby and over reacts constantly.
imo
K then, good luck.
It’s normal given the conditions in the market/world.