Re: tOfficial: What stocks should we be looking to buy right now? thread

by **Heat Miser** 2020-04-09, 10:57

steveschneider wrote:Another 2.3 trillion dollars pumped in. Fed determined to act aggressively.

6.6 million more peeps unemployed (16+ million total in 3 weeks) and the market's going apeshit over the Fed. SMH.

by **The Pantry** 2020-04-09, 16:23

Gave up trading stocks after the tech bubble burst.

Watching my 401k. Much of it in MM now waiting for the next drop.

by **Robert J Sakimano** 2020-04-26, 17:25

Bleach, Mr. Clean, PineSol, etc.

by **Heat Miser** 2020-05-08, 16:01

Worst unemployment since Great Depression. Stock market up. scratch

by **steveschneider** 2020-05-08, 16:06

I bought Twillo and that one went up like a rocket. Been enjoying Roku and see more upside. I like SQ space and Qcom. Been sticking with the tech/web/media based stuff. I agree though the market is crazy given how awful the economy is.

My take is the Fed has unlimited cash to pump into repo markets, and they are counting on trillions in stimulus. Most corporations will use this money for stock buy backs so the share holders win. I think if the average American understood this a little better they'd be fuming.

Also, just want to note my little experiment with shorting the S&P cost me. I was way up when this shit bottomed out but it moved towards a loss pretty fast. Lesson learned either park in cash or stay long.

by **Motown Spartan** 2020-05-08, 16:32

Heat Miser wrote:Worst unemployment since Great Depression. Stock market up.

The market trades on what is known as a “discounted basis” meaning that every bit of information is already built into the price of everything. We already know the unemployment numbers were horrible so it was priced in before the official report.

by **Motown Spartan** 2020-05-08, 16:33

Robert J Sakimano wrote:Bleach, Mr. Clean, PineSol, etc.

PG

by **Heat Miser** 2020-05-08, 17:06

Motown Spartan wrote:
Heat Miser wrote:Worst unemployment since Great Depression. Stock market up.

The market trades on what is known as a “discounted basis” meaning that every bit of information is already built into the price of everything. We already know the unemployment numbers were horrible so it was priced in before the official report.

Actually, the market is trying to ignore reality & price in an assumed just around the corner recovery. The market is wrong IMHO.

by **The Pantry** 2020-05-08, 17:58

Heat Miser wrote:
Motown Spartan wrote:

The market trades on what is known as a “discounted basis” meaning that every bit of information is already built into the price of everything. We already know the unemployment numbers were horrible so it was priced in before the official report.

Actually, the market is trying to ignore reality & price in an assumed just around the corner recovery. The market is wrong IMHO.

Agree. I expect the DOW to fall below 20,000 again.

by **Robert J Sakimano** 2020-05-08, 19:46

Assault rifles, Confederate flags, swastikas and sign-making materials.

by **Jake from State Farm** 2020-05-08, 19:49

Robert J Sakimano wrote:Assault rifles, Confederate flags, swastikas and sign-making materials.

So you're saying to buy stock in Trump Industries, Inc. ?

by **Motown Spartan** 2020-05-08, 19:50

Robert J Sakimano wrote:Assault rifles, Confederate flags, swastikas and sign-making materials.

CNNE owns Colt but a bunch of other stuff too.

And RGR is Sturm Ruger.

by **Motown Spartan** 2020-05-08, 21:43

Heat Miser wrote:
Motown Spartan wrote:

The market trades on what is known as a “discounted basis” meaning that every bit of information is already built into the price of everything. We already know the unemployment numbers were horrible so it was priced in before the official report.

Actually, the market is trying to ignore reality & price in an assumed just around the corner recovery. The market is wrong IMHO.

https://www.cnbc.com/2020/05/08/why-the-market-is-up-even-with-historic-job-losses.html

by **Heat Miser** 2020-05-08, 21:47

Motown Spartan wrote:
Heat Miser wrote:
Motown Spartan wrote:

The market trades on what is known as a “discounted basis” meaning that every bit of information is already built into the price of everything. We already know the unemployment numbers were horrible so it was priced in before the official report.

Actually, the market is trying to ignore reality & price in an assumed just around the corner recovery. The market is wrong IMHO.
https://www.cnbc.com/2020/05/08/why-the-market-is-up-even-with-historic-job-losses.html

some argue that once businesses do get back up and running, the recovery will be swift.

This is where I believe the market is dead wrong.

by **Heat Miser** 2020-05-22, 12:12

It's a perfect storm of stupid in the stock market right now

by **Robert J Sakimano** 2020-05-22, 12:14

you should buy stock in GPS 'cause I'm about to look up directions on how to get Up North.

by **Heat Miser** 2020-05-23, 16:30

Hertz declares bankruptcy.

American Airlines: The First To Go Under

by **Jake from State Farm** 2020-05-23, 20:33

Robert J Sakimano wrote:you should buy stock in GPS 'cause I'm about to look up directions on how to get Up North.

Garmin would be a good choice.

by **Heat Miser** 2020-05-23, 21:17

Moderna unveiled encouraging coronavirus vaccine results. Then top execs dumped nearly $30 million of stock

by **Heat Miser** 2020-05-23, 21:18

Hertz Files For Bankruptcy After 16,000 Employees Were Let Go And CEO Made Over $9 Million

by **Nordic** 2020-05-23, 23:28

Heat Miser wrote:It's a perfect storm of stupid in the stock market right now

Great read

by **steveschneider** 2020-05-24, 09:40

I initially thought we were headed to the bottom of the tank until I saw how the fed and our government reacted. We really have a socialistic welfare system for share holders. I think they’ll just keep borrowing and providing stimulus to corporations which will do stock buy backs with the money. I also think there’s a lot of tech companies in position to do well in this. At this point I’m inclined to agree with Goldman Sachs the market is poised to lift off. Ftr I now more than ever do not view the stock market as an indicator of how our economy or a company is performing. I think if the common person understood how companies are doing so many stock buy backs they’d be furious.

by **DWags** 2020-05-24, 10:05

Never think you can play the dip.

by **Motown Spartan** 2020-05-24, 10:51

DWags wrote: Never think you can play the dip.

Buy now, sell never.

by **Other Teams Pursuing That** 2020-05-24, 11:42

DWags wrote: Never think you can play the dip.

What do you mean wags

by **CORNER BLITZ** 2020-05-24, 11:58

Other Teams Pursuing That wrote:
DWags wrote: Never think you can play the dip.

What do you mean wags

Can't guess the bottom so get in where and when you can

by **Motown Spartan** 2020-05-24, 12:46

Don’t time the market. Get in ASAP regardless. Dollar cost average if you have to. But be in the market.

by **Nordic** 2020-09-01, 23:20

by **CORNER BLITZ** 2020-09-02, 00:09

Zoom @ ~450 now...

by **Nordic** 2020-09-02, 10:46

I bought Zoom, Microsoft, Amazon, Roku, Netflix, Alphabet, Uber, Berkshire, Alibaba and DJ ETF went shit bottomed out. It's basically gone parabolic since then.

by **steveschneider** 2020-11-20, 11:01

I really like PLTR. I think 2021 will be a good year for this stock. $18.87 as of this post.

by **Motown Spartan** 2020-11-20, 11:07

steveschneider wrote:I really like PLTR. I think 2021 will be a good year for this stock. $18.87 as of this post.

Interesting for sure. However, they appear to be over priced base on a quantitative analysis and they lose $.36 per share. It would have to be a really good year.

by **steveschneider** 2020-11-20, 11:24

Motown Spartan wrote:
steveschneider wrote:I really like PLTR. I think 2021 will be a good year for this stock. $18.87 as of this post.

Interesting for sure. However, they appear to be over priced base on a quantitative analysis and they lose $.36 per share. It would have to be a really good year.

Buy a 100 shares and cover call it at 20.50 or so. In less than a month you'll be up 10%. I got in at the $16 range. Probably just going to let this one sit and see what happens.

by **Robert J Sakimano** 2020-11-20, 12:44

I picked up some stock in guns and bibles this morning.

by **Other Teams Pursuing That** 2020-11-20, 13:53

MMEDF

by MattyFresh 2021-03-27, 15:10

steveschneider wrote:I really like PLTR. I think 2021 will be a good year for this stock. $18.87 as of this post.

good call here Steve 100% return at its peak in Feb 2021. NFT's seem to all the rage right now and I don't understand it.

by **Dendrobates** 2022-05-10, 13:59

I really wish I had some extra cash to invest right now. Perfect time to do it.
If I didn't just spend a shit ton on vacation, I could spare a bit.

by AvgMSUJoe 2022-05-10, 15:41

I'd take any tip someone in the know would give. Got savings ready to bet.

by **tGreenWay** 2022-05-10, 16:42

AvgMSUJoe wrote:I'd take any tip someone in the know would give. Got savings ready to bet.

Blue Horseshoe loves Anacott Steel.

by **Motown Spartan** 2022-05-12, 18:17

SMH...semiconductor ETF

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