Talking Stocks 2.0

[enjoythemusic]

Originally Posted by beshannon

I am a systems analyst, I sit in front of 5 monitors and a 50" tv all day

Impressive, most impressive. Would love to see a pic as the three screen setup here.... you know. Five sounds awesome!!!

[EEpro]

Any opinions on NYSE: O. Realty income ? 5.8% dividend. Down way more than broad REITs.

[beshannon]

Originally Posted by enjoythemusic

Impressive, most impressive. Would love to se a pic as the three screen setup here.... you know. Five sounds awesome!!!

Not sure it is something to be proud of

[enjoythemusic]

Originally Posted by beshannon

Not sure it is something to be proud of

Heck yeah it is! Been debating doing a wall as commercial multi-segment 'frameless' screens and supporting gear pricing has greatly come down in price while also providing more features.

Funny, people talk about isolation to stay healthy from this virus... yet that is my normal daily life of coding. My audio mixing friends, and mastering engineer friends, same thing.

[m j b]

Originally Posted by golfgrouch

I would normally agree, but there's now talk of massive number of people not being able to pay utility bills and deferred payments during the crisis. It's scary to think that people can't even pay utility bills!

True, but hopefully that's just a short-term thing. We're investing long-term here, not speculating.

[Bearxj86]

I don't have empirical data - just watching the different stocks.

Seems that while overall market is is down slightly, volume is very good and risk appetite is higher than before. Normal safety stocks like BRK-A/BRK-B, ACT, FAANG, VZ, XLU, T, PG, JNJ, BTI, PM, MO all down. However small/mid cap companies and those with more leverage up up mid single digit or more...

[LandWatch]

Until the market is able to make sense of the pandemic, or quantity in any meaningful way, don’t expect any sense from the markets. It’s pointless trying to evaluate individual stocks, other than purely by gut. Better, to hold on, keep sufficient cash in reserves, and buy the market when you feel able. You’ll never time the bottom, unless entirely by luck.

[enjoythemusic]

Originally Posted by HighlandWatch

Until the market is able to make sense of the pandemic, or quantity in any meaningful way, don’t expect any sense from the markets. It’s pointless trying to evaluate individual stocks, other than purely by gut. Better, to hold on, keep sufficient cash in reserves, and buy the market when you feel able. You’ll never time the bottom, unless entirely by luck.

Agree is some respect. Sell now, wait a month, reevaluate. We are far from the bottom. Higher unemployment and drop in GDP hasn't hit the algos yet. Plus all the restaurant bankruptcies, service area collapse, higher loan default rates... and some added slosh of available RE as death occurs. We are faaaar from hitting bottom imho, no need to rush in here. Of course you could short, yet that's not PC in this environment (yet legal of course in some countries for the time being).

[Doc Savage]

Originally Posted by superdog

For those with cash reserves.

Anyone concerned with FDIC insurance limits?

If so, what are you doing?

I am a little concerned. I'm keeping it all in treasuries until right before I need to spend it.

[gnuyork]

Well I bought in a little bit today for the first time in a while and it was looking promising this morning, but I ended up getting spanked.

[m j b]

Originally Posted by gnuyork

Well I bought in a little bit today for the first time in a while and it was looking promising this morning, but I ended up getting spanked.

As long as you nibble and buy little bits, you can average down.

Long-term it's all going to be fine. Don't sweat it. You'll never be able to buy at the bottom. Never. So don't try. Just get close.

I bought McDonald's this afternoon. Why? Because it's still a solid company, solid earnings, very few restaurants are closed (only 50 right now) and I was out yesterday and saw a long line at one in the late afternoon, off-peak. Yes, this was while watching the CEO on CNBC.

I didn't buy a lot of it though. Just a nibble. Value-sized. LOL

[Doc Savage]

Dang, the Dow down another 900 today. The earlier positive move was another head fake.

[gnuyork]

Originally Posted by Doc Savage

The earlier positive move was another head fake.

indeed

[GB-man]

Originally Posted by enjoythemusic

Agree is some respect. Sell now, wait a month, reevaluate. We are far from the bottom. Higher unemployment and drop in GDP hasn't hit the algos yet. Plus all the restaurant bankruptcies, service area collapse, higher loan default rates... and some added slosh of available RE as death occurs. We are faaaar from hitting bottom imho, no need to rush in here. Of course you could short, yet that's not PC in this environment (yet legal of course in some countries for the time being).

The ability to short is absolutely vital to the overall health of the market. It is not something that can be removed or the markets will not function properly. I was in SDS all day and have no issues shouting it from the hills.

[Bearxj86]

Originally Posted by m j b

As long as you nibble and buy little bits, you can average down.

Long-term it's all going to be fine. Don't sweat it. You'll never be able to buy at the bottom. Never. So don't try. Just get close.

I bought McDonald's this afternoon. Why? Because it's still a solid company, solid earnings, very few restaurants are closed (only 50 right now) and I was out yesterday and saw a long line at one in the late afternoon, off-peak. Yes, this was while watching the CEO on CNBC.

I didn't buy a lot of it though. Just a nibble. Value-sized. LOL

Nom nom nom

[dimag333]

I made my first stock purchases ever today, down 10% lol

I’m sure it will all bounce back or whatever

Well i goes not my first, my kids have some Coverdell accounts that I put their birthday money into

steve

[GB-man]

Originally Posted by dimag333

I made my first stock purchases ever today, down 10% lol

I’m sure it will all bounce back or whatever

steve

Welcome. The hardest part of getting into this is having the stomach to hold. If it was meant to be a long term play just ignore everything on tv and let your investment horizon play out.

[dimag333]

Originally Posted by GB-man

Welcome. The hardest part of getting into this is having the stomach to hold. If it was meant to be a long term play just ignore everything on tv and let your investment horizon play out.

Yeah I sold a watch to float my company comfortably until June rather than make my clients pay on original invoice dates, usually we start back up in March, Ton if delayed business, so i took like $2500 and combed this thread a little and did some reading, are we allowed to say specifically what we put $ into? Would love some Internet opinions lol

Yeah I was figuring when everything eventually swings up it will be a little bit of cash, I’m planning on sinking extra cash in here and there rather then pee it away like I have in the past

steve

[Duende01]

Originally Posted by dimag333

I made my first stock purchases ever today, down 10% lol

I’m sure it will all bounce back or whatever

Well i goes not my first, my kids have some Coverdell accounts that I put their birthday money into

steve

Don't get discouraged... As long as you do a bit of reasearch of the company, look at historical prices, and have confidence that the price you paid today will be greater in 3 to 5 years, you'll be fine. If I am paying today the price of the same share 6, 7, and up to 10 years ago, from a quality company, I am certain that it will go up.

I've bought a bit over $28,000 in the last 2 1/2 weeks but because of the diversification that I am seeking I am not down tremendously on each. Boeing is the one that's kind of keeping me on the ground (no pun intended) because I keep DCAing down but I am almost certain that it will pay off in 10 to 15 years. I think I read somewhere that fortunes are made when others sell in fear.

Sent from my Galaxy S10+ (SM-G975F-DS) using Tapatalk

[dimag333]

Originally Posted by Duende01

Don't get discouraged... As long as you do a bit of reasearch of the company and, look at historical prices, and have confidence that the price you paid today will be greater in 3 to 5 years, you'll be fine. I've bought a bit over $28,000 in the last 2 1/2 weeks but because of the diversity I am not down tremendously on each. Boeing is the one that's kind of keeping me on the ground (no pun intended) because I keep DCAing down but I am almost certain that it will pay off in 10 to 15 years. I think I read somewhere that fortunes are made when others sell in fear.

Sent from my Galaxy S10+ (SM-G975F-DS) using Tapatalk

Yeah I’m totally cool with the up and down, everyone says now is the time so I figured f it!

steve

[enjoythemusic]

Originally Posted by GB-man

The ability to short is absolutely vital to the overall health of the market. It is not something that can be removed or the markets will not function properly. I was in SDS all day and have no issues shouting it from the hills.

100% agree shorting adds to health of mkt, yet the PC Police spanked me during 2008 about suggesting shorting. At least you didn't buy today and then got spanked.

[golfgrouch]

After analyzing past recessions, I'm concerned that the markets have another 20% downside risk. What should I do to protect my portfolio?

[beshannon]

Bad close to end a bad week, no one wants to hold long over the weekend

Ronin Capital being unable to meet clearing requirements harkens back to 2008

[scarlet knight]

Originally Posted by gnuyork

Well I bought in a little bit today for the first time in a while and it was looking promising this morning, but I ended up getting spanked.

Someone said wait for two up days in a row.

[enjoythemusic]

Originally Posted by golfgrouch

After analyzing past recessions, I'm concerned that the markets have another 20% downside risk. What should I do to protect my portfolio?

Bail to USD on longs, keep shorts, wait a month. jmho

Keep in mind the MULTIPLE TRILLIONS the Fed promised in just the past few days. Can they do this weekly to goose the market? Every week... until....

Some good charts with an overview https://www.zerohedge.com/markets/st...d-bailout-ever

[Letsgodiving]

Goldman Sachs has updated their US forecast to -24% GDP for Q2.

"which would be 2.5 times bigger than any decline in history"

https://markets.businessinsider.com/...0-3-1029018308

[Doc Savage]

Originally Posted by Letsgodiving

Goldman Sachs has updated their US forecast to -24% GDP for Q2.



"which would be 2.5 times bigger than any decline in history"



https://markets.businessinsider.com/...0-3-1029018308

That's gonna hurt

[Doc Savage]

Originally Posted by beshannon

Bad close to end a bad week, no one wants to hold long over the weekend

Ronin Capital being unable to meet clearing requirements harkens back to 2008

Bad week indeed. CME has declared they are auctioning off Ronin's portfolio.

Reminds me of this scene from Trading Places, from better times:

https://www.youtube.com/watch?v=j4SRsGn14PI

[EEpro]

Originally Posted by enjoythemusic

Bail to USD on longs, keep shorts, wait a month. jmho

Keep in mind the MULTIPLE TRILLIONS the Fed promised in just the past few days. Can they do this weekly to goose the market? Every week... until....

Some good charts with an overview https://www.zerohedge.com/markets/st...d-bailout-ever

Holy classic


Sent from my iPhone using Tapatalk

[GB-man]

I half wish I kept the damn SDS open over the weekend but it wasn’t the plan going in and the longer you have those open the more likely you get spanked or the vol eats your gains.

Maybe Monday will bring good news because I feel like you could bet the farm it won’t and I’m mostly wrong with this stuff.