Talking Stocks 2.0

[interestedwatcher]

Originally Posted by beshannon

Exactly

What is the alternative?

I don't know - is letting it burn not an option?

[m j b]

Although I do not fault the Fed for what they are doing or how they are doing it, it does sometimes feel like desperation, and I suspect that's why the rallies on news tend to quickly fizzle out.

I suspect that we will see a nice rally when the stimulus plan passes both houses, but how it holds into the following days will depend on how it (the plan) is received. If options weren't so darn expensive, one could play on the volatility.

[bryan13]

Originally Posted by beshannon

Exactly

What is the alternative?

A recession now vs a depression in the coming months.

[m j b]

Originally Posted by beshannon

Fed doing unlimited QE has the futures up 313 for the moment.

Well, that didn't last long.

[beshannon]

As I thought, selling into the up open.

Clearly the markets want action from the people that are unwilling to act. The Fed can only do so much

[beshannon]

Originally Posted by interestedwatcher

I don't know - is letting it burn not an option?

So you want all business to shut down, people to be unemployed for months or years? Why would you even suggest such a thing?

[beshannon]

Originally Posted by m j b

Although I do not fault the Fed for what they are doing or how they are doing it, it does sometimes feel like desperation, and I suspect that's why the rallies on news tend to quickly fizzle out.

I suspect that we will see a nice rally when the stimulus plan passes both houses, but how it holds into the following days will depend on how it (the plan) is received. If options weren't so darn expensive, one could play on the volatility.

I agree, they got too expensive weeks ago

Originally Posted by bryan13

A recession now vs a depression in the coming months.

A recession that turns into a depression now or do nothing and stay in a permanent depresion?

Originally Posted by m j b

Well, that didn't last long.

No I did not expect it to

[interestedwatcher]

Originally Posted by beshannon

So you want all business to shut down, people to be unemployed for months or years? Why would you even suggest such a thing?

Because government intervention is ineffective?

[beshannon]

Originally Posted by interestedwatcher

Because government intervention is ineffective?

So what do you suggest in this situation?

I have no idea how to discuss this with you.

[interestedwatcher]

Originally Posted by beshannon

So what do you suggest in this situation?

I have no idea how to discuss this with you.

Let the market sort itself out... Not rocket science.

[beshannon]

Originally Posted by interestedwatcher

Let the market sort itself out... Not rocket science.

And that cannot happen. The entire world economy will collapse.

Credit markets are very stressed as it is, businesses will go bankrupt, supply chains will be destroyed, banks will close and you will be out of a job and your money will be worthless.

But best of luck to you.

[mgsooner]

Is UNLIMITED QE the next Big Scary Thing for the internet to tell me to freak out over because it will cause the collapse of civilization?

[interestedwatcher]

Originally Posted by beshannon

And that cannot happen. The entire world economy will collapse.

Credit markets are very stressed as it is, businesses will go bankrupt, supply chains will be destroyed, banks will close and you will be out of a job and your money will be worthless.

But best of luck to you.

The markets terminal... I'll just keep holding Bitcoin and enjoy the hyperinflation I guess.

[JParm]

To soon to go in on GOOG, FB and DIS?

[beshannon]

Getting back to the original point of the thread: Talking stocks!

Markets seem to have stabilized at ~350 down, VIX is slightly elevated at ~67, bond yields plunged after Fed announced QE.

Corporate debt needs to be stabilized and short term paper needs to keep moving, small business will be tapping credit lines awaiting stimulus from the Government.

Some issues are getting a bid as people hunt for value, Semis are doing ok, the NASDAQ 100 as a whole is actually up.

AMZN, ADBE, COST, LULU, , NFLX, PEP, REGN, WDAY all doing extremely well at the moment.

The stay at home theme continues.

BA, HD, INTC and WMT are also doing well from the DOW 30.

Although P/E's are impossible to calculate at the moment, I sense that these are intuitive picks as companies that will be able to weather this and actually do well given how people are doing things for the next month

[beshannon]

Originally Posted by jpeezy14@hotmail.com

To soon to go in on GOOG, FB and DIS?

I think that depends on your time horizon for the capital you want to commit.

DIS will be back along with the rest of the Travel and Leisure space. I have no opinion on the other two choices

[JParm]

Originally Posted by beshannon

I think that depends on your time horizon for the capital you want to commit.

DIS will be back along with the rest of the Travel and Leisure space. I have no opinion on the other two choices

I'm into long-term investments, 5-10 years.

[bryan13]

Originally Posted by interestedwatcher

Let the market sort itself out... Not rocket science.

I have to agree here, we are in unknown territories with the pandemic, and the current stock market bubble. Will it get worse, probably, but at the end of it all we will recover and move forward.

[beshannon]

Another article here, more bullish than some

What do you think the legendary Warren Buffett is doing right now? Adding to his cash pile, or spending it? My money is on the latter.

https://seekingalpha.com/article/433...re-opportunity

As always do you own homework. I continue to make small buys on the large drops

[dimag333]

Originally Posted by jpeezy14@hotmail.com

I'm into long-term investments, 5-10 years.

dis is set to go live with onward, india & something else is big on the horizon I think, possibly uk launch this week? I dont know, anyways I would think just hop in on them, that was my first trade every last week but my dad buys dis sstock every year for the grand kids as a birthday preset

steve

[JParm]

Originally Posted by beshannon

Another article here, more bullish than some



https://seekingalpha.com/article/433...re-opportunity

As always do you own homework. I continue to make small buys on the large drops

Thank you for your insight. We've been doing the same; can't go wrong if guys like Buffett and Cuban are doing the same.

[JParm]

Originally Posted by dimag333

dis is set to go live with onward, india & something else is big on the horizon I think, possibly uk launch this week? I dont know, anyways I would think just hop in on them, that was my first trade every last week but my dad buys dis sstock every year for the grand kids as a birthday preset

steve

Yeah, just went in on the 3 I mentioned, including Disney. Even if it drops further, I think these are good buys for my time horizon (long-term).

[beshannon]

Originally Posted by jpeezy14@hotmail.com

Thank you for your insight. We've been doing the same; can't go wrong if guys like Buffett and Cuban are doing the same.

Well Buffet has made some colossal mistakes of late, WFC and KHC in particular.

Having said that, remember Buffet is looking for value over the long term. He buys to hold forever . . . not saying that is appropriate for everyone but if you can focus your view beyond today, next week, next month . . .

If your discipline tells you that solid companies will be doing business a year from now or three years from now, then perhaps these prices and these levels are attractive.

Those just diving into the thread should be looking at a larger plan and goals rather than single issues, IMHO

[beshannon]

Originally Posted by jpeezy14@hotmail.com

Yeah, just went in on the 3 I mentioned, including Disney. Even if it drops further, I think these are good buys for my time horizon (long-term).

So one of Jim Cramers favorite sayings is that "discipline must beat your conviction".

DIS will continue doing business, if you are willing to hold and average down then you may be rewarded. But remember your discipline needs to rule, if the stock reaches your sell limit, you need to remove the emotion from the stock and sell and move on. Never fall in love with a stock.

You can never become so convinced that a stock will do something just because you want it to.

[JParm]

Originally Posted by beshannon

Well Buffet has made some colossal mistakes of late, WFC and KHC in particular.

Having said that, remember Buffet is looking for value over the long term. He buys to hold forever . . . not saying that is appropriate for everyone but if you can focus your view beyond today, next week, next month . . .

If your discipline tells you that solid companies will be doing business a year from now or three years from now, then perhaps these prices and these levels are attractive.

Those just diving into the thread should be looking at a larger plan and goals rather than single issues, IMHO

My first thought is - where will the company be in 3-5 years? I'm not looking to day trade or sell in 1-2 years.

Granted, some of these companies might not survive this, but definitely looking for one's that 1.) I value and 2.) give me the feeling that they aren't going anywhere.

That doesn't mean I didn't dabble in things like PLAY or PK recently

[enjoythemusic]

Originally Posted by beshannon

Exactly
What is the alternative?

The Fed and their trading partner's highly manipulated economy crashes down, with their private Debt Dollar currency probably going with it. Perhaps a dual currency system....

Originally Posted by mgsooner

Is UNLIMITED QE the next Big Scary Thing for the internet to tell me to freak out over because it will cause the collapse of civilization?

They are already now at QE4Ever.

Just remember that USD debt-based currency is LITERALLY unlimited in supply. Just a few computer keystrokes and POOF, another $3,000,000,000,000 (three trillion) is created from only two pennies worth of electricity. Once CONfidence is lost in the Debt Product Federal Reserve Note....

As i previously typed within this thread, you can't have CONfidence in a currency without the CON (h/t Mr. Robot).

[beshannon]

Any rally attempt keeps getting sold, VIX is down, NASDAQ went negative, Volume is really light at 227mm and the A/D line is 3/1 on the down side.

Under any other circumstances this would just be a normal selling day

Markets at the lows, sellers are getting anxious over lack of action regarding stimulus

[c41006]

Originally Posted by jpeezy14@hotmail.com

My first thought is - where will the company be in 3-5 years? I'm not looking to day trade or sell in 1-2 years.



Granted, some of these companies might not survive this, but definitely looking for one's that 1.) I value and 2.) give me the feeling that they aren't going anywhere.



That doesn't mean I didn't dabble in things like PLAY or PK recently

I bought a tiny bit of PLAY at $6.50... kinda wish I had picked up a bit more

[dimag333]

Originally Posted by jpeezy14@hotmail.com

Yeah, just went in on the 3 I mentioned, including Disney. Even if it drops further, I think these are good buys for my time horizon (long-term).

I am a total newb at this but I got that chinese google bidu or whatever it is called too

but I am done, I finally started to take finances seriously in the past couple days, i am gonna knock out all interest bearing debt instead which was my original plan and leave the 401K and other small investments I made in tact.

I decided to pay my main employee for the year too which eats up a buch of capital but you can't put a dollar sign on piece of mind, I know he appreciates it (family), end of the year is looking great though as long as all rescheduled business doesnt crap out

steve

[JParm]

Originally Posted by c41006

I bought a tiny bit of PLAY at $6.50... kinda wish I had picked up a bit more

Haha, that was exactly my point of entry as well.