We're to the point where you're probably okay putting money back in. I'm still sitting out a bit more, but we're definitely entering the realm of clown world where the fed could destroy the entire economy trying to save equity values. They have burned out everything normal in the tool box and only made it worse. Now they can choose to cower in a corner or go the Zimbabwe path.
We're to the point where you're probably okay putting money back in. I'm still sitting out a bit more, but we're definitely entering the realm of clown world where the fed could destroy the entire economy trying to save equity values. They have burned out everything normal in the tool box and only made it worse. Now they can choose to cower in a corner or go the Zimbabwe path.
PLAY, I sold you on a rebound but 9 bucks.
Not sure who this is directed to but this is flat our wrong depending on your individual situation. The markets could easily fall another 50% from here.
Not sure who this is directed to but this is flat our wrong depending on your individual situation. The markets could easily fall another 50% from here.
Entertainment and hospitality stocks are going to get thrashed in this environment, but they also have a liquid low-skill workforce that makes it much easier for them to dump employees and wait it out to restart quickly when things are better. I think travel and hotels will have a longer-term impact, but companies like this should recover more quickly.
Yes. I definitely see more decline. I just feel like we're at a point where even if it does, it should bounce back relatively quickly in under a year at least. Everyone ultimately has to make their own decision in risk.
Kind of surprised at some of the health care stocks tanking so hard. Those places are not going to shut down. Unless the drop is from fear of the supply threat from China.
Don't forget to factor how horrible Biden looked in the debate. A Bernie victory is a stake in the heart of Healthcare companies.Kind of surprised at some of the health care stocks tanking so hard. Those places are not going to shut down. Unless the drop is from fear of the supply threat from China.
Don't forget to factor how horrible Biden looked in the debate. A Bernie victory is a stake in the heart of Healthcare companies.
I added a little bit to my UNH long this morning.Yeah you’re right. I had my eye on that up until a couple weeks ago when it looked like Biden was a lock. Been so focused on oil and covid I forgot those two idiots were still going at it. Those prices today look pretty enticing, I made a good return on CI at a similar price to today’s.