The fed killed all the bears. Stocks will literally not be allowed to go down.
Lincoln Morris
I have been thinking about the virus in depth today and I have come to an unfortunate conclusion. We should all stay inside forever from this day until the end of time. The risk of people getting sick and gods forbid dying is not one that we can continue to make now that the cats out of the bag. Its not worth .5 percent of the worlds population dying for us to enjoy personal freedoms like going out to dinner. Not only have we always been infecting each other with virus' like the flu for too long, but coronavirus isnt going away even if there is a vaccine made. This needs to be our new way of life, economy be damned. We can not afford to lose our over 80 years old kings and queens
TRNX - I dunno, I'm tempted to try my luck again monday. In and out real quick same day deal. in at 0.33 and out at 0.50 with $1500 invested (4545 shares).
LOL $AMD I made a ton of money trading AMD when it went from mid-march @38 to @50, but the current price is highly artificial. No one dares short it, but the legions of gaymers and Ryzen fabois keeping it near ATHs cannot last. AMD hasn't payed a dividend since the 90's, so there's a lot a better places to park cash while it is bouncing off resistance lines. But rest assured, one of these days it's going to take another bloodbath, probably at the next earnings report, and I'll be right there to scoop it up cheap and sell it right back to fanbois 2 weeks later at a 30% markup.
Any good calls for earning week coming up? Thinking about LUV
Luis Powell
Biz anons I ask you for guidance. What do I do with my oil and gas holdings given the recent pump despite the overall situation looking bad by early May.
Currently: 20 RDS.B (down $17) 39 shares combined DHT/FRO (up a combined $1) 40 shares OKE (up $240) 29 shares MPC because it was a cheaper PSX. (up $24)
Is it worth it to hold or will it go lower and I should take my small gains? I want the divies and growth potential offered by these stocks but have a feeling that this oil crisis could have significant effects down the road for the price for a while.
Jack Reed
I heard TUI has a terrible management. I haven't looked into it myself, but you might want to do that.
Fed is pulling back on repos starting Monday. At this point, they've already provided enough liquidity to businesses/countries and banks don't need anymore QE (since they've already saved up hundreds of billions for loss reserves). I think the only thing the feds have left at this point is to make interest rates negative, but all that will do is pump bonds, gold, or the stock market because there's virtually nothing to invest into right now (since most businesses literally can't operate in the current crisis). They've honestly done the most they can for the economy. Only congress really try to save the economy now.
Angel Brown
It's a porn actress but unsure who, saved the pic from twitter a while back
Zachary Lee
>Only congress really try to save the economy now.
So what you are telling me is that we are fucked right?
Angel Martinez
>millions unemployed >many dead, many more to come >economic ruin for much of the world >tfw dont give a shit because I work as a computer engineer for a company with a bunch of government contracts (we're actually seeing more business as a result of the pandemic), order groceries, am young and healthy, and get to work from home yeah, im thinking coronachan is based
That's the thing. It's holding steady now. But who's to say it'll last? I got burned on ONTX and have almost made back my loss from it so I've no desire to backslide.
Eli Morales
Short all of latin america but are there funds that do it or stocks traded that we can short?
Juan Roberts
listen here jack. the guise of anonymity isn't the sole reason for this sites existence. the reason it exists is it generates revenue from selling advertisements to porn websites. if you got a problem with me you can easily filter my comments, but if I want to use a tripcode in the stock market thread you're not the boss of me, and I'll use my tripcode in the stock market thread. there's hundreds of other threads i post anonymously in, but this isn't the thread to hide being your anonymity
Camden Torres
Short Brazil/EWZ too. Shit healthcare, President doesn't give a shit about the virus, half the people live in slums. Once you read news about Brazil hospitals being overrun, I'd immediately get EWZ puts. Though the stock follows SPY more than Brazil's market, it will still eventually affect it.
Also thought about shorting INDA, but I honestly don't know if they would even notice how shit things are.
Jeremiah Watson
no one here cares about your identity, you're just an attention whore
I'm just using the trip for proof of past posts. I mean I could easily shill garbage or come in here acting like a newfag anonymously every fucking day. I don't give a fuck if you want to call me an attention whore, but you're derailing the thread. You're probably best off just using the filter option because i've been using a tripcode for at least 2 or 3 years. Maybe you should like just understand there's things you can't change.