Up nicely today.
Society Corona - Stock Market thinktank
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BA is up today, so thats nice
I've be a regular nostradamus lately regarding markets.
I'm the Cre of finances.
ehhhhhhhhhhhhhhhhhhhhhhhhhh nostradamus was wrong about a majority of shit so I don't know if that's the type of comparison you want to be making. I think he had a tiny pecker too, just what I've heard. I know it, you know it, everyone knows it. Great people though, just lovely people.
Like I said
I'd focus on the big boys if you feel like jumping in. With prices this low many companies won't survive it. Nobody knows the exact number, but it's said that oil needs to be around $40/bbl before anyone makes money. I think we'll be below that for quite a while, so it's the companies with the big pockets that will weather the storm.
It was probably too early, but I bought in to XOM at $40
Le Chat Noir
©
Yo guys, what's up.
Just sold a bigger chunk of my ETF on the Dax (like the German Dow Jones).
I don't trust this current situation.
My worries are that state money in all regions of the world is keeping the prices up nicely, but once Q2 numbers are reported and in Q3 we are sitting in lockdown as well, people start shitting their pants. Rightfully so.
I might focus more on individual titles, though.
Broader indexes (like Dow) when global lockdown ends and people are immune / no big wave in winter expected. Or when I'm proven wrong and China's numbers are correct and all countries are cured by miracles as well. I personally would prefer that, I want this to go away.
On a personal note, I'm really curious how the EU is gonna take this situation and make themselves even more aloof from the people.
Just sold a bigger chunk of my ETF on the Dax (like the German Dow Jones).
I don't trust this current situation.
My worries are that state money in all regions of the world is keeping the prices up nicely, but once Q2 numbers are reported and in Q3 we are sitting in lockdown as well, people start shitting their pants. Rightfully so.
I might focus more on individual titles, though.
Broader indexes (like Dow) when global lockdown ends and people are immune / no big wave in winter expected. Or when I'm proven wrong and China's numbers are correct and all countries are cured by miracles as well. I personally would prefer that, I want this to go away.
On a personal note, I'm really curious how the EU is gonna take this situation and make themselves even more aloof from the people.
Nice!
some time ago, news came out, that BOSCH was working on a quick test for Corona. It is a huge conglomerate and they have a car supply division in the Indian Stock Exchange. Nothing to do with the medical division, but the name "Bosch" printed onto the stock. Of course, the title made a big jump the next day
I couldn't order the Indian stock. Would have been a predictable fun trade.
I think I'm going to stop looking today.
I'd like to see if close higher, above where I bought it
I'm holding that one for the long haul.
It should double in a year.
I'm hoping so as well, that's my pla
Motherfucker.
Put a stop loss sell order in on that biotech. I felt it went up too fast in two days on zero news.
It was at $2.70. I set the stop loss at $2.50
So it falls to $2.50, then shoots back up to $2.70
So now I'm out. I made 50% in about a month, but now I'm kicking myself.
Oh well. That method has saved my ass way more than it has hurt me.
Put a stop loss sell order in on that biotech. I felt it went up too fast in two days on zero news.
It was at $2.70. I set the stop loss at $2.50
So it falls to $2.50, then shoots back up to $2.70
So now I'm out. I made 50% in about a month, but now I'm kicking myself.
Oh well. That method has saved my ass way more than it has hurt me.
What a nice way to start off the week
Never second guess your stops. It likely had buy orders sitting where your stop order was. Next time it falls it will likely fall through that to the next support level. The buys won't be there.
When I first started I got burned w that. I'd take my stops out and try to wing it. Then it would go crashing through support.
It closed just a little bit down today.
Still higher than what I sold at but that's OK.
Up $533 (6.89%) today (which recovered last weeks losses) & 33% on my initial investment.
BA (-0.23% today) - 20 shares (up 1.17% after hours but earnings are Wednesday and it could be ugly)
CCL (10.41% today) - 50 shares
CPRI (10.87% today) - 50 shares
FUN (7.35% today) - 25 shares (wish this was 75-100 shares)
MGM (12.26% today) - 50 shares
PEI-C (16.05% today) - 150 shares
RFP (19.87% today) - 750 shares
SENS (3.52% today) - 700 shares
LET'S RIDE THIS MOTHERFUCKERRRRRRRRRRRRRRRR!!!!!!!!!!
BA (-0.23% today) - 20 shares (up 1.17% after hours but earnings are Wednesday and it could be ugly)
CCL (10.41% today) - 50 shares
CPRI (10.87% today) - 50 shares
FUN (7.35% today) - 25 shares (wish this was 75-100 shares)
MGM (12.26% today) - 50 shares
PEI-C (16.05% today) - 150 shares
RFP (19.87% today) - 750 shares
SENS (3.52% today) - 700 shares
LET'S RIDE THIS MOTHERFUCKERRRRRRRRRRRRRRRR!!!!!!!!!!
Its good to see our money make money while we work to make more money.
