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Misc Stock Market

KyloG said:
So everyone pretty much down about 20% in there retirement/investment accounts. In 2008 I was able to shift money quicker into cash and weathered that one better. This time I completely dropped the ball.
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I'm off about 8%. I missed some of the run-up earlier in the year and had a lot of cash sitting on the sidelines because things were so distorted on the upside.
 
KyloG said:
So everyone pretty much down about 20% in there retirement/investment accounts. In 2008 I was able to shift money quicker into cash and weathered that one better. This time I completely dropped the ball.
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Luckily I shifted mine to 20% stocks (instead of 90% I was at) back when dow was still around 29k. Still down about 9% though.
 
Jimmy Hypocracy said:
I like this visual View attachment 38065
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Kitco is showing gold down $7 now to $1617. Not sure why the discrepancy. Maybe it's two different futures contracts. Anyway, the commercial hedges have been decreasing their short positions for gold and silver, even as the prices have risen over the last week. That's a good sign. Also, the metals are going for pretty significant premiums over spot, if you can find them. I'm hearing lots of dealers are sold out or are almost sold out. There are also dislocations in the paper markets. I think all of this points to higher prices at some point down the line.
 
Jnug up and Boeing is tanking . Looks like I’ll be buying more Boeing this week as the slide continues

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It will be interesting to see how long/if the highs are tested again. Took 6-7 years for the .com bubble and 5 years for the housing bubble. This situation wasn't triggered by a bubble but the effects are so far-reaching. We don't have any idea how many businesses will go under, how many jobs will be lost...will people stop traveling/vacationing for a few years. I'm sure there are so many things I'm not thinking of. There are far more important things right now than this with the loss of lives so don't think I'm diminishing what's really important.


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Everything they can do, still not enough. Really makes you see how the rigged system is and who's to big to fail lol
 
Got limit order for AMRX at $3.10...Trying to dollar cost average down...It's behaving nicely today

Edit: Took a while, but it finally filled ?
 
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Tough not to long CPE. Going to be rough short term. I haven’t done anything yet....we are still atleast until May, maybe June, before restrictions are lifted. I filled up my car on March 16th and I have 3/4 tank left. I usually fill up every 5 days. Got to be millions of people in a similar situation. Then take into account Uber’s, cabs, buses, airlines...etc...
 
KyloG said:
Tough not to long CPE. Going to be rough short term. I haven’t done anything yet....we are still atleast until May, maybe June, before restrictions are lifted. I filled up my car on March 16th and I have 3/4 tank left. I usually fill up every 5 days. Got to be millions of people in a similar situation. Then take into account Uber’s, cabs, buses, airlines...etc...
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You thinking it's a good longer term play? Or going to zero?
 
Rain Cold said:
You thinking it's a good longer term play? Or going to zero?
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That's a tough call...if they are functional and corona fades, travel picks back up it could be a very lucrative investment. Back in 08/09 it was trading at $1...would have been nice to invest $10k in that. It hit almost $8 in 2011. This is such a different situation though....the mindset of average person is going to be changed and we don't know how long. Who's going to want to hop on a plane in the next 12-18 months....
 
Storm5 said:
Bloodbath for me today


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Just bought some Fluor Corporation. Heard that they will be building 150+ hospitals in the coming months/years. It’s a speculation investment but I went with it. Plus they are down almost 10% today so that helped me make my decision.
 
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