Society Corona - Stock Market thinktank

[Hauler]

In Germany, the people that I saw posting videos or articles or being interviewed (either media sites or people who manage funds or are otherwise responsible for big amounts) are all telling to yet wait.

I personally am not too sure whether stuff will drop even further. But I might gladly be wrong.

The stock market does not fully reflect the current state of the economy or its implications but is influenced a lot by people buying and selling stocks, companies needing cashflow, having to sell stocks, people waiting to buy into certain stocks. Talking about large investors, not the schmucks on mma forums

All those people check with this schmuck before doing ANYTHING! Believe that!

But yeah. Prob go lower. Very reactionary, but the steps being taken to contain the virus will have very real effects on the economy, and it will be widespread. Most of that is already baked into the drop we already saw, but it can certainly go lower.

I bought into a couple stocks today. I might be early, but in the long run I should be fine.

I have an actual job. I am not a daytrader - I just play one on an MMA forum.

 

[so long]

All those people check with this schmuck before doing ANYTHING! Believe that!

But yeah. Prob go lower. Very reactionary, but the steps being taken to contain the virus will have very real effects on the economy, and it will be widespread. Most of that is already baked into the drop we already saw, but it can certainly go lower.

I bought into a couple stocks today. I might be early, but in the long run I should be fine.

I have an actual job. I am not a daytrader - I just play one on an MMA forum.

neither am I
I'm just looking out for my retirement. In the last 5 years, prior to Corona, I had actually not looked into my portfolio once

Yeah, on the other hand, might go lower because maybe as incoming cash dries up for many big players, they have to sell some stock that had become overpriced and they sell before it reaches below what they had bought it for some time ago. so due to that prices might sink mid term. Or, which I hope for nobody, people have to sell their investments because they have cash problems. that would really really suck!

 

[Zeph]

..

 

[Hauler]

Dow down 4% before the bell.
Might be another ugly day.

I'm watching Boeing (BA) today. It might dip below $100 for the first time since 2013.

$350 stock in February
Closed at $124 yesterday.
$105 pre-market

If the div remains intact it will have a yield of 8% at those levels.

With all their issues lately with plane crashes, I had been watching for a bit. The negative press didn't really cause the stock to dip. The virus certainly has.

Boeing accounts for 21% of US DOD procurement budget.

 

[Judobill]

Dow down 4% before the bell.
Might be another ugly day.

I'm watching Boeing (BA) today. It might dip below $100 for the first time since 2013.

$350 stock in February
Closed at $124 yesterday.
$105 pre-market

If the div remains intact it will have a yield of 8% at those levels.

With all their issues lately with plane crashes, I had been watching for a bit. The negative press didn't really cause the stock to dip. The virus certainly has.

Boeing accounts for 21% of US DOD procurement budget.

They are having big issues with planes out on line too. Not good.

WSJ News Exclusive | FAA Considers Enhanced Inspections After Southwest Jet Suffers Structural Problem

 

[Hauler]

Ford (F)
Is at $4.66

Posted Div Yield is 12.8%
Haha

 

[Hauler]

Delta Airlines (DAL)

After 3 days of support in the $35 range it is getting smoked again. Down 18% so far today, currently trading under $26 (30 days ago it was $60)

Is this thing headed to sub a $10 stock?
Brutal.

 

[Hauler]

Market is now below the level from when Trump took office.

We have entered Obama levels.

 

[Wild]

PLNT - Planet Fitness

52 week high $88.77
Currently at $39.65

Most of their income is based on memberships. They might see a drop in new members for the next month, but their profits should continue. As most know - you pay for those memberships whether you go there or not.

Following this one. It saw some support at $50 last week but has since fallen under $40 during today's insanity.

Down to $24.33

Everything getting crushed.

 

[Hauler]

Dow down 4% before the bell.
Might be another ugly day.

I'm watching Boeing (BA) today. It might dip below $100 for the first time since 2013.

$350 stock in February
Closed at $124 yesterday.
$105 pre-market

If the div remains intact it will have a yield of 8% at those levels.

With all their issues lately with plane crashes, I had been watching for a bit. The negative press didn't really cause the stock to dip. The virus certainly has.

Boeing accounts for 21% of US DOD procurement budget.

$92 and falling
No support to be found. Complete freefall.

 

[Enock-O-Lypse Now!]

@sgotwalks

“UVXY”

 

[so long]

Dow down 4% before the bell.
Might be another ugly day.

I'm watching Boeing (BA) today. It might dip below $100 for the first time since 2013.

$350 stock in February
Closed at $124 yesterday.
$105 pre-market

If the div remains intact it will have a yield of 8% at those levels.

With all their issues lately with plane crashes, I had been watching for a bit. The negative press didn't really cause the stock to dip. The virus certainly has.

Boeing accounts for 21% of US DOD procurement budget.

I imagine that a lot of companies won't pay out big dividents in the foreseeable future, but who knows

 

[BrunoMcGyver]

Down to $24.33

Everything getting crushed.

Thanks Trump.

 

[Hauler]

Following Dave & Busters (PLAY) today.
I had $10 targeted. It flew past that, sitting at $8.53 right now.

2/21 it was sitting at $47

Definitely going to buy in at some point.

This one is leading the market today
Up 77% today

Fell to $4.61
Trading at $8.04 right now

I got in at $5.50 on the way down.

 

[Wild]

Dow futures down 300 right now. Might be another interesting day tomorrow. Looking to get a couple bargains.

 

[BrunoMcGyver]

Dow futures down 300 right now. Might be another interesting day tomorrow. Looking to get a couple bargains.

Australian Market going crazy today, if its the same in the US later on, might be some quick money to be made.

 

[Wild]

Australian Market going crazy today, if its the same in the US later on, might be some quick money to be made.

crazy down or up?

 

[BrunoMcGyver]

crazy down or up?

Well it was up when I made the post but now going straight down. Guessing the day traders are selling their daily profits.

 

[so long]

Luxury Brands. for longterm holding. an idea

I'm looking at Dior.
Other brands in the same field Vuitton, Boss, you know what I mean...
I can only speak for Dior.

I think, technically their business description is:
they produce shit out of thin air that nobody needs, for rich assholes that will be unfazed by the pandemic, who will be sitting on blue balls because they can't go shopping now.
also, perfumes, bags and silk skarfs have an unlimites shelf life, I mean they can sit in storage forever without going bad.

Dior has like 30+billion in revenue, so they're no slouch. their stuff is cheap to produce, leaning heavily on 'brand value'.


In the years after the 2008 crash, luxury brands did really well. I am thinking about a small sum, won't be right now although I alread like them.

 

[Hauler]

Dow futures down 300 right now. Might be another interesting day tomorrow. Looking to get a couple bargains.

This thing is going to be interesting for 2 to 3 weeks.

I'm watching for sharp declines. Almost everything is now being traded via electronic transactions and when stop losses hit it causes a chain reaction and prices fall off the table.

If the drop wasn't caused by bad news for that specific company, watch the price and grab it after the sell off pauses. They have been recovering with a quickness and you can make a healthy % in a single day.

It's risky, but opportunites are everywhere.

Treat it like gambling. Don't invest what you can't afford to lose.

 

[Hauler]

United up 17%
$90 stock in January
Looks like it hit bottom at the $20 range.

Trading at $25 now.

 

[Hwoarang]

Thoughts on Constellation Brands (STZ)?
They're the ones that make corona beer.
They were sitting over $200/share a month ago, now just under $120.

 

[so long]

Thoughts on Constellation Brands (STZ)?
They're the ones that make corona beer.
They were sitting over $200/share a month ago, now just under $120.

I would consider mainly:
> do you personally like their product ?
> is the company strong enough to live on its reserves for a year
> did they have a bright outlook going into the crisis?

Secondary factors:
> how much do they get fucked in the situation?
> expecting any news headlines good or bad? (in this case they are extra famous now; who in the world will not down a fucking Corona in the park after this is over? but what about the other brands they operate, that will stay the same. how much % of their income comes from just the Corona brand? Maybe Trump tweets: Drink only beer with American names now. America strong. Bud good. Foreign beer
bad. Corona assholes)
> do you have trust in mgmgt (should be way higher on the list, but who can gather info on those guys?, so usually you go by little hints and the actions they take)

Check out Constellation Brands | Investor Relations, Stocks, Financials
they should provide numbers in a summary on their last annual report.
Also they have an announcement about financial reportings on April 3rd, stock might go up or down after that

-> I personally think that Corona beer gives you a stronger headache than any flu in the world ever will

 

[so long]

I would consider mainly:
> do you personally like their product ?
> is the company strong enough to live on its reserves for a year
> did they have a bright outlook going into the crisis?

Secondary factors:
> how much do they get fucked in the situation?
> expecting any news headlines good or bad? (in this case they are extra famous now; who in the world will not down a fucking Corona in the park after this is over? but what about the other brands they operate, that will stay the same. how much % of their income comes from just the Corona brand? Maybe Trump tweets: Drink only beer with American names now. America strong. Bud good. Foreign beer
bad. Corona assholes)
> do you have trust in mgmgt (should be way higher on the list, but who can gather info on those guys?, so usually you go by little hints and the actions they take)

Check out Constellation Brands | Investor Relations, Stocks, Financials
they should provide numbers in a summary on their last annual report.
Also they have an announcement about financial reportings on April 3rd, stock might go up or down after that

-> I personally think that Corona beer gives you a stronger headache than any flu in the world ever will

those aspect I can only list for intended long term holding.
Can't say anything about quick buying and selling.

 

[Hauler]

Thoughts on Constellation Brands (STZ)?
They're the ones that make corona beer.
They were sitting over $200/share a month ago, now just under $120.

Sin stocks usually do OK in a downturn.
Some even have better sales than they did before the pullback.

Pretty big fluctuations when you look at STZ 5 yr chart.