Scholarship table
I've been in about 98% bonds now for a little over 2 weeks. Was originally told to target the S&P at 2500 but have now been told to wait for 2350-2400 which was the close on 12/24/18. Still a lot more bottom to drop out.
Y’all think we’re close to bottom? I’ve read that China is on the upswing when it comes to Corona. They’re down to single digit new cases now, and have a population 4x the U.S.
Thoughts on buying Boeing? Down to $158
I don't. I think the virus has to actually start spreading and affecting the US in serious numbers. So far we have anticipatory panic. If we're really following the infection path of Italy (and thus far it seems like we might be simply by numbers), then we're 7-13 days behind them. I think the market won't start putting in a bottom until we really start get hit here.
I am/would. The Covid-19 is going to dominate the news for the next month likely and that could/should give Boeing the runway to complete their efforts and restore the Max fleet to operationSorry for the pun it was just sitting there wait to take offSorry againSorry
I’d agree with you if we didn’t just do what we did overnight. You’re getting everything right now. And compound by the market rejecting any and everything the President has said. So it’s rejecting bounces on the promise of stimulus or relief packages. Those bills and money injections will put in a backstop and push us up, but we’re see it won’t happen until it’s on paper. But the risk is all to the upside here, we have corrected so far already. We’ve already washed out and baked in drops for companies that miss upcoming earnings, lower guidance, etc..Look at companies that should “thrive” in a quarantine situation. Streaming companies, TDOC, ZM, etc.. they are all being sold off without regard to their business situations or potentials. The more indiscriminate 100-200 slashes on the SPX we see in panicked reactionary moves, the less I feel we have prolonged downside coming
Wow, I'm very concerned for Benny. Being able to mimic Myron Medcalf's writing so closely implies an oncoming case of dementia.
Side note, the fact that Netflix is down so much tells me the market is super irrational right now. This whole environment seems to play right into Netflix wheelhouse
Too many (myself included) index fund investors. I don't have time or patience to research individual stocks anymore, so I mostly just use index funds to catch market trends.
Thoughts on Disney? Kind of a really mixed bag for them-ESPN and theme parks will be a huge drag-ABC News and Disney+ should see a boomSide note, the fact that Netflix is down so much tells me the market is super irrational right now. This whole environment seems to play right into Netflix wheelhouse
Net-negative. You are also forgetting blockbuster movies (Marvel, Pixar, etc.), which no one will attend in theaters for the foreseeable future. But impact is definitely cushioned by some of their diversification (i.e. TV and streaming).
I do the autopilot thing with 95%+ of our investments, but keep a small pool in cash that I use to buy and sell stocks for the sport of it (and hopefully some profit). In stocks, I have some T, MSFT and INTC that has gotten hammered the last couple of days but will be fine in the long run, and just bought some GOOGL (first at $1255, more at $1200). I might get a few more shares of GOOGL now that it's around $1100, and then hang back for a while. I won't be surprised if they all dip more, but I'm confident those companies will be as good as any long-term.
my thoughts exactly plus gilead sciences, along with a few others attempting to develop a coronavirus vaccine are all downhttps://www.marketwatch.com/story/these-nine-companies-are-working-on-coronavirus-treatments-or-vaccines-heres-where-things-stand-2020-03-06
Gonna pop the circuit breaker tomorrow morning again