Author Topic: Stocks  (Read 619881 times)

Offline Yammer

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Re: Stocks
« Reply #3860 on: February 28, 2020, 10:39:09 AM »
https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/corona-crisis-ripening-buys-233211747.html

Do you share this view?
When did we start believing the Chinese numbers?
If it keeps going down interest rates will be cut slowly again.
There have been other such risks and markets went down and the issues got sorted and then we were back on track.
The problem here isn't on the consumer end... It's on the massive disruptions on the production end.

Even if you spray the entire world tomorrow with an anti Coronovirus vaccine that will eliminate it 100% you still lost a few months before the full manufacturing gets back into shape.
fatality for SARS was actually 5 times higher (9.6%) then COVID 19 is currently at the epicenter of this epidemic in Wuhan (2%) [by all available data].
regardless its semantics , human nature is the same , we have a fear of the unknown and then things turn around, its a natural ebb and flow of the market with this kind of thing, and in 10 years this wont matter to anyone who stayed in the market.
the only thing that can truly wreck the market long term, is a Sanders nomination and the markets tumble and then its essentially a self fulfilling prophecy and he gets elected.
Do you believe the Chinese figures? According to this ( https://covid19info.live/ ) it's 3.5% and that's without accounting the ppl that got it again after recovering...

Offline ExGingi

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Re: Stocks
« Reply #3861 on: February 28, 2020, 12:07:08 PM »
This is starting to become reminiscent of 2008. GLD and SLV are down too now.

If remaining invested, it is probably prudent to put portfolio insurance in place (long put options).

https://www.bloomberg.com/news/articles/2020-02-28/gold-prices-plunge-by-the-most-intraday-since-june-2013?srnd=premium
I've been waiting over 5 years with bated breath for someone to say that!
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Offline ExGingi

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I've been waiting over 5 years with bated breath for someone to say that!
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Offline yuneeq

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Re: Stocks
« Reply #3863 on: February 28, 2020, 12:20:40 PM »
fatality for SARS was actually 5 times higher (9.6%) then COVID 19 is currently at the epicenter of this epidemic in Wuhan (2%) [by all available data].

Hubei province (the epicenter where Wuhan is located) is at 4.1%, not sure where you're getting your numbers from.

I think it's also good to point out - the fact that COVID-19 isn't extremely fatal is the same reason it is infecting and killing much, much, more than SARS or Ebola.

Offline ExGingi

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Re: Stocks
« Reply #3864 on: March 01, 2020, 12:14:24 AM »
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline @Yehuda

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Re: Stocks
« Reply #3865 on: March 01, 2020, 07:22:24 AM »
Anyone getting involved with virus-related stocks (mask companies, vaccine/testing pharmaceuticals)? Been a crazy $ week, curious how itíll continue come Monday.

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Offline ExGingi

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I've been waiting over 5 years with bated breath for someone to say that!
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Offline ExGingi

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Re: Stocks
« Reply #3868 on: March 01, 2020, 07:30:09 PM »
Trying to catch a falling knife?

If that's your conviction, why not liquidate and reenter at a lower price?

Have you lived through/experienced 2008/2009 or 1999/2000 drops?
Which means it needs to rise 13.25% just to break even.

https://on.mktw.net/3ckLltK
I've been waiting over 5 years with bated breath for someone to say that!
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Offline ExGingi

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Re: Stocks
« Reply #3870 on: March 01, 2020, 09:50:27 PM »
You seem to be certain of that. I am not, though I do think it is likely to happen, not because it solves anything, but because when the only tool you have is a hammer, then every problem looks like a nail. The current downturn (forget about the stock market, look at airlines, and the entire manufacturing supply chain) isn't that much of a demand shock, it's a supply shock. How do lower rates solve that?
https://www.bloomberg.com/opinion/articles/2020-03-01/coronavirus-the-good-the-bad-and-the-ugly-of-policy-response
I've been waiting over 5 years with bated breath for someone to say that!
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Offline Yef

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Re: Stocks
« Reply #3871 on: March 01, 2020, 09:59:56 PM »
This a obvious dip in market. The question is just which stocks to grab now on the low!

Offline ltttc

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Re: Stocks
« Reply #3872 on: March 01, 2020, 11:17:14 PM »
This a obvious dip in market. The question is just which stocks to grab now on the low!
Many solid companies / good buys

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Re: Stocks
« Reply #3873 on: March 02, 2020, 01:33:03 AM »
Many solid companies / good buys

If oversold to the point where P/E is low and/or dividend yield is high (but beware of value trap).
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline Ephraimh

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Re: Stocks
« Reply #3874 on: March 02, 2020, 02:20:02 AM »
This is starting to become reminiscent of 2008. GLD and SLV are down too now.

If remaining invested, it is probably prudent to put portfolio insurance in place (long put options).
C'mon!

Donít compare a global slowdown in light of a virus that can and will be treated in the near future to a global slowdown caused by the biggest financial institutions underpinning the global economy literally collapsing into bankruptcy.

This is a buyers market.

No reminiscence to 2008 here whatsoever. wooof

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Re: Stocks
« Reply #3875 on: March 02, 2020, 08:24:44 AM »
C'mon!

Donít compare a global slowdown in light of a virus that can and will be treated in the near future to a global slowdown caused by the biggest financial institutions underpinning the global economy literally collapsing into bankruptcy.

This is a buyers market.

No reminiscence to 2008 here whatsoever. wooof

So you think the bond market signals are silly money rather than smart money?
I've been waiting over 5 years with bated breath for someone to say that!
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Offline dealfinder11

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Re: Stocks
« Reply #3876 on: March 02, 2020, 09:39:09 AM »
C'mon!

Donít compare a global slowdown in light of a virus that can and will be treated in the near future to a global slowdown caused by the biggest financial institutions underpinning the global economy literally collapsing into bankruptcy.

This is a buyers market.

No reminiscence to 2008 here whatsoever. wooof

What makes you so confident that this sell off is entirely about the carnivorous and not an overdue correction due to weakness in the global economy overall? The Cornovirus definitely played a role in deteriorating further, but making absolute statements about the markets are a dangerous game.

Offline Ephraimh

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Re: Stocks
« Reply #3877 on: March 02, 2020, 11:27:55 AM »
So you think the bond market signals are silly money rather than smart money?
Smart money?

You mean that when the yield curve inverted a few months ago it predicted the recession then because it was so smart that it predicted this virus now a few months later?

Lol. Smart money. Iíll tell you what.

This virus is just a new recession-is-coming flavor of the year, and youíre falling for it.

Offline Ephraimh

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Re: Stocks
« Reply #3878 on: March 02, 2020, 11:30:42 AM »
What makes you so confident that this sell off is entirely about the carnivorous and not an overdue correction due to weakness in the global economy overall? The Cornovirus definitely played a role in deteriorating further, but making absolute statements about the markets are a dangerous game.
Because the moves directly chronicles good and bad reports on the virus. Reason enough to make me confident?

Offline davidrotts63

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Re: Stocks
« Reply #3879 on: March 02, 2020, 11:57:10 AM »
Grrr RobinHood.
(Quit) pulling out the flowers, and watering the weeds. -Peter Lynch