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Misc Stock Market

NoSnowATL said:
It’s in a good spot. The growth potential the market has is amazing. This is the time to add and keep adding.


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I agree 100% for long positions. It's a fire sale! Short term I think we see lower lows. Tomorrow will be interesting because I don't think we've seen 2 positive days in a row this month.
 
Jimmy Hypocracy said:
There’s going to be another massive dump once unemployment numbers come out later this week
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CVS and Dollar General and many others are hiring out the wazzoo right now; upwards of well over half a million; expected job losses are already factored into the current market; massive hiring by those companies and others like Amazon and Wal-Mart may well offset the expected decline, and may well dampen any "massive dump" ... at least hoping so ...
 
pcbjr said:
CVS and Dollar General and many others are hiring out the wazzoo right now; upwards of well over half a million; expected job losses are already factored into the current market; massive hiring by those companies and others like Amazon and Wal-Mart may well offset the expected decline, and may well dampen any "massive dump" ... at least hoping so ...
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You may be right. Today is certainly overbought though. Got to be careful
 
Nerman said:
I agree 100% for long positions. It's a fire sale! Short term I think we see lower lows. Tomorrow will be interesting because I don't think we've seen 2 positive days in a row this month.
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I agree as well. You have to be thinking long term when buying today. We all know oil will go back up, airlines will, transportation, railroad, entertainment like cruise ships etc... you can easily turn 100k to 500k right now if you buy and hold. I wish I had more money to put in my personal accounts. I’m not a fan of pharmaceuticals right now. It’s a short turn gain but long term it will just float. The bailout money will be key as well. I’ve been trying to get a head start and see what the suits are banking on.


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Bought some of CHEF today, was a $40 stock before the crisis hit, bottomed out in the $3-4 range and is starting to bounce back. At $10 it's a steal as they have solid financials and are a good long term hold.
 
snowlover91 said:
Bought some of CHEF today, was a $40 stock before the crisis hit, bottomed out in the $3-4 range and is starting to bounce back. At $10 it's a steal as they have solid financials and are a good long term hold.
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Good grief was that thing oversold. Wish I could have found that gem a little earlier
 
Liftoff if congress pass 6 trillion dollar package.

Side note - Boeing is up 10 bucks after close after gaining 22 bucks today


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Ive got a few thousand dollars in these damn mREITs that are down over 50 %. Thinking about just selling for a loss.. they might go to zero. Might jusy yolo the remainder into some call position dated in july and hope market shoots back up by then. Or maybe puts, maybe both lol
 
I believe 4 trillion of that is from the Federal Reserve as liquidity for the banks and 2 trillion for the public in disaster relief.
 
Jimmy Hypocracy said:
JNUG is ripping after hours! ? Oooooffff Gold is going to explode soon
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Gold is exploding. 6T in money printing will do that. My AG, NEM, GOLD, GFI, SAND, etc are crushing it. You timed JNUG really well. In my rookie days, JNUG took me to the cleaners.
 
Jimmy Hypocracy said:
JNUG is ripping after hours! Oooooffff Gold is going to explode soon
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I didn’t have the balls this morning . I only bought 40 shares
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