I know a former neighbor originally from Plymouth with contacts there, where do you live? We enjoyed Plymouth and Cape Cod several years ago on a visit, property values were high then!
Stock Advice Thread
- Thread starter dgtatu01
- Start date
I’ll be glad to email her (she and family settled in Birmingham, Al), see if her Plymouth family knows of a trustworthy realtor, condo, etc, for sale in that area. Our favorite restaurant/watering hole they took us to in that area had fine food and a great view, Isaac’s. Let me know.Small worldI’m in the Bristol County, South Shore.
https://finance.yahoo.com/news/global-markets-japan-shares-reach-022954249.html
Looks like Europe is seeing a little spike in airline/travel stocks. I wonder if the US will have a similar effect as we open back up.
Though, with the new stimulus package that likely will go through, I still think that the Fed is artificially propping up the market.......and we'll see another decent dip in Summer/Fall. Which means buying opportunity.....until then, I'm into cash.
Looks like Europe is seeing a little spike in airline/travel stocks. I wonder if the US will have a similar effect as we open back up.
Though, with the new stimulus package that likely will go through, I still think that the Fed is artificially propping up the market.......and we'll see another decent dip in Summer/Fall. Which means buying opportunity.....until then, I'm into cash.
^Shoot, I posted this and already as of 9:57am US airlines and cruiselines have gone up pretty much 10% across the board. It's a false positive, but still......
For the Cannabis fans, GTBIF is a US stock out of Chicago looking good. Aluminum stock I mentioned, ARNC has insider buying and CSFB praise, continuing its surge today.
Austin is looking like a genius again. Value is massively under owned apparently. One of the reasons might be because the growth technology trades are so crowded. I keep thinking the rotation won't last long with so many unemployed but that's why we have markets.
VIAC now up 70% since purchase. I'm holding.
Anyone ever invested in a company on the other side of bankruptcy?
Recently one of the heads of Delta Airlines said that at least one major airline will go bankrupt before this thing is over. Right now Delta and Southwest are likely the safest play if you just had to jump in now. Delta is the big boy and Southwest has the best balance sheet. United probably would be in 3rd. American is likely the best bet to go into bankruptcy.
Also, there are rumors that Souhtwest might start to buy up some of their competitors.
Recently one of the heads of Delta Airlines said that at least one major airline will go bankrupt before this thing is over. Right now Delta and Southwest are likely the safest play if you just had to jump in now. Delta is the big boy and Southwest has the best balance sheet. United probably would be in 3rd. American is likely the best bet to go into bankruptcy.
Also, there are rumors that Souhtwest might start to buy up some of their competitors.
I’m up about 34% on TGLVY (($14.14 US) in 2 weeks, 10.5% on ARNC in 1 1/2 weeks (not sure why, honestly). You can check the US/Malaysian currency exchange, I’m no stock analyst, but common sense says TGLVY may keep going, I can’t find any nitrile gloves we use around the house (and during my duck hunting) anywhere cheaply:
“Top Glove's sales lead time is now up to June 2021, given the Covid-19 pandemic-led demand and capacity constraints, says Maybank IB Research. The brokerage says the glove sector has seen monthly average selling price increases of 3%-10% since March, and glove makers are optimistic that the price increases could last until mid-2021 with stock replenishments supporting demand while the tight supply situation persists. Maybank says Top Glove's earnings explosion in coming quarters will throw brokers' forecasts out the window. Maybank raises its FY 2020, 2021 and 2022 EPS estimates by 37%, 180% and 18% respectively. It raises its target price to MYR20.00 from MYR10.95 and maintains its buy rating. Shares are up 20% at MYR15.92. (chester.tay@wsj.com) “
I would suspect 3 years from now Southwest is still a better investment as American struggles.
I completely agree. I'll wait a little longer, but clearly Delta/Southwest are the best plays overall.
However, have you ever bought into a company after a bankruptcy? Say, American goes through a bankruptcy...... I've heard some people have made good money buying after the company revives itself. I just wondered how risky it would be.....
No but I would consider it a trade. Companies like GM came back afterwards and still aren't the greatest investments.
It looks to me like stock traders are taking over based on movement of my stocks and the swings Cramer keeps mentioning between recovery vs stay at home stocks. Maybe a late “sell in May” signal? I very much wonder in our part of the country if the “work at home” trend goes away or stays? Maybe a hybrid situation, moreso, depending on job duties?
It took 40-50 years to get here. Might take less than that to get us back. Seems the market is telling us that. Could actually be signaling a change in leadership in November after all the experts kept saying the opposite for 3 years. Interesting week in that regard.
As far as WFH, deliveries and home schooling, these were already trending before Covid-19. I think it continues in earnest.
Sold some BP yesterday. Just a turrible investment and needed tax losses anyway with other big winners. Stay safe stock friends!
As far as WFH, deliveries and home schooling, these were already trending before Covid-19. I think it continues in earnest.
Sold some BP yesterday. Just a turrible investment and needed tax losses anyway with other big winners. Stay safe stock friends!
VIAC has doubled since purchase back in April.
I've made some really nice profits since March......bought more Microsoft, Apple, JPMorgan, etc. A lot of these are up well over 30% just in the last couple months. These are companies that I envision holding forever.
That being said, I still feel that the market is artificially inflated. Take JPMorgan for example. The price keeps going up......but fed interest rates, loan interest rates, etc......all are going down. People have loans that they are defaulting or in forbearance, etc. JPM has to be losing a spit ton of money over this ordeal.......their price has to drop in the long run.
This is the same for most of the market in general. There's no way that the market could actually be doing this well right??? You would think that there has to be another significant drop??
That being said, I still feel that the market is artificially inflated. Take JPMorgan for example. The price keeps going up......but fed interest rates, loan interest rates, etc......all are going down. People have loans that they are defaulting or in forbearance, etc. JPM has to be losing a spit ton of money over this ordeal.......their price has to drop in the long run.
This is the same for most of the market in general. There's no way that the market could actually be doing this well right??? You would think that there has to be another significant drop??
The stock market tells me they think Trump is a shoe in and all the media talk about Covid 19, and the Looters was to try and bring him down. Not to get political but it’s all about trying to defeat Trump. However when normal voters, are seeing people destroy an Apple store just to steal an IPad they know it’s not about the killing of Mr. Floyd.
What the market is telling me is that day traders, short sellers, and gov't stim packages can artificially inflate the market........
.....Buuuuutttt, as Ben Graham said "In the short term the market is a voting machine, but long term it's a weighing machine....."
Today's outside the box discussion......
Elon Musk has said that he has no plans to go public with SpaceX right now.....though, he might consider it after the Mars missions.
However, Starlink is likely to spin off of SpaceX......and Musk has shown possible interest in making an IPO.
For those that don't know, Starlink's purpose is to establish thousands of small satellites in low earth orbit in an effort to provide high speed internet (proposed 1 gig/sec) to every corner of the globe.
In essence....
-This would provide internet to places that can't get service
-This would significantly reduce fluctuations in coverage
Plus, I would imagine that since Starlink would be one of the first that other internet providers would have to contract with them to utilize the network which would be another revenue stream. This could be uber-profitable.
.....SpaceX has already launched the first batch of satellites......
Elon Musk has said that he has no plans to go public with SpaceX right now.....though, he might consider it after the Mars missions.
However, Starlink is likely to spin off of SpaceX......and Musk has shown possible interest in making an IPO.
For those that don't know, Starlink's purpose is to establish thousands of small satellites in low earth orbit in an effort to provide high speed internet (proposed 1 gig/sec) to every corner of the globe.
In essence....
-This would provide internet to places that can't get service
-This would significantly reduce fluctuations in coverage
Plus, I would imagine that since Starlink would be one of the first that other internet providers would have to contract with them to utilize the network which would be another revenue stream. This could be uber-profitable.
.....SpaceX has already launched the first batch of satellites......
I wanna be like you when I grow up.VIAC has doubled since purchase back in April.
That's been the narrative. Especially before Covid-19. The past week saw another leg up in the market after the Lafayette Park crowd was gassed for the photo op, that might turn this idea on its head. If the polls had narrowed, the same narrative would make sense. Nobody is talking about this rally in a rally either which I find very interesting. Bottom-line is Obama didn't destroy markets and Trump didn't push it higher. It's apolitical a heck of a lot more than the participants.
Musk is a visionary who sees liberty in a different way. A better way.
I am sweeping a portion of today's profits to my rainy day fund. Dropping from a 70/30 split to 65/35. If the market continues to rise weekly then at some point I will adjust to 60/40 until the next bull market. Then buy back in at 70/30. Agree? Disagree? Why?
I think that's a good idea. As noted above, I still think that we'll see a pretty good sized decrease at some point. I don't know, maybe it'll occur when more bankruptcies, foreclosures, and businesses folding up shop. Things like this will cause the market to panic and sell.....
....You're gonna want a truck load of cash for value buys over the next several yrs.
What’s happening over here? A few of us have enjoyed an investing thread allowed (So far) at HOB by some good and several very green stock investors!
Hot off the presses.
The Fed has said that they don't expect to raise interest rates until at least 2022.
https://finance.yahoo.com/news/fed-fomc-monetary-policy-decision-june-2020-133528214.html
The Fed has said that they don't expect to raise interest rates until at least 2022.
https://finance.yahoo.com/news/fed-fomc-monetary-policy-decision-june-2020-133528214.html
1. Fed has dropped rates and will keep them there for the next several yrs.
2. The market has bounced back up, but 2nd quarter earnings for thousands of companies haven't been reported yet.......they should be abysmal.
3. Although trending in the right direction, unemployment rates still are very high
4. Even companies that have started to open back up, aren't doing so at full capacity yet.
5. Likely a high number of business closures, bankruptcies, mortgage foreclosures, loan defaultments, etc. that are going to be reported fairly soon.
6. Election year
7. Even if the US economy can get up to speed quickly, much of the world hasn't opened yet and will do so at a snail's pace.
8. Buffet is sitting on a ton of cash waiting to buy low.
9. Many analysts feel that the economy will take years to rebound.
What do ya'll think? Are you like me who feels that another significant dropis going to happen? Or do you think the market has seen the worst of it?
2. The market has bounced back up, but 2nd quarter earnings for thousands of companies haven't been reported yet.......they should be abysmal.
3. Although trending in the right direction, unemployment rates still are very high
4. Even companies that have started to open back up, aren't doing so at full capacity yet.
5. Likely a high number of business closures, bankruptcies, mortgage foreclosures, loan defaultments, etc. that are going to be reported fairly soon.
6. Election year
7. Even if the US economy can get up to speed quickly, much of the world hasn't opened yet and will do so at a snail's pace.
8. Buffet is sitting on a ton of cash waiting to buy low.
9. Many analysts feel that the economy will take years to rebound.
What do ya'll think? Are you like me who feels that another significant dropis going to happen? Or do you think the market has seen the worst of it?
I'm thinking drop.
So many negatives coming up but does the optimism of opening-up override them?
What about the negatives of defunding police depts? I've been long AAXN for years and it has done me well. I like it even more going forward.
So many negatives coming up but does the optimism of opening-up override them?
What about the negatives of defunding police depts? I've been long AAXN for years and it has done me well. I like it even more going forward.
A
anon_l8pbkn96tg3j6
Guest
A great time to be long or to rebalance.
The Fed put is in so we've probably seen the lows. Doesn't mean the S&P 500 couldn't drop 15%. I have cash ready.
