Stock Markets
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Last: 46 sec ago by I bleed maroon
Here's what I bought today:
1. CXO shortly after open at $40, but I was antsy and sold for 20% gain as it recovered to $48 intraday. FWIW Aggie CEO and solid financials
2. Added to my position of LADR (paying 8+%)
3. SBSI
4. MSFT calls for a bounce
1. CXO shortly after open at $40, but I was antsy and sold for 20% gain as it recovered to $48 intraday. FWIW Aggie CEO and solid financials
2. Added to my position of LADR (paying 8+%)
3. SBSI
4. MSFT calls for a bounce
Southside is a great long-term buy, especially at this price.aggiehunter3 said:
3. SBSI
There is irrational markets and then there is this. People must literally think the world is ending. Valuations mean nothing. Cash on hand means nothing.
Really amazing to watch unfold. DIS, ROKU and ADBE were my 3 largest buys. Would take $75 on ROKU, $85 on DIS and $290 on ADBE for next buys.
Really amazing to watch unfold. DIS, ROKU and ADBE were my 3 largest buys. Would take $75 on ROKU, $85 on DIS and $290 on ADBE for next buys.
If this causes a recession, which is quite possible, we are nowhere near the bottom. It will take many months.
OldArmy - what do you think about XOM? It's down to 2004 lows!
You think further than the December 2018 crash?
Do you think they fall that far? ouch! I can see DIS falling more.
COOP - is back to Sept '19 levels! I had forgotten about the little deuce COOP. I might watch it and scoop a few shares.
COOP - is back to Sept '19 levels! I had forgotten about the little deuce COOP. I might watch it and scoop a few shares.
the last of the bohemians
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How long do you want to ignore this user?
Probably a couple of weeks at minimum from being able to trend when the virus will reside.
So don't see how today is the bottom even if no recession with that many days of uncertainty looming.
But if no recession then market will be 40% higher in a year with a 4% gdp v shape bounce.
So don't see how today is the bottom even if no recession with that many days of uncertainty looming.
But if no recession then market will be 40% higher in a year with a 4% gdp v shape bounce.
3900 in a year if no recession? Not happening. These things take time to work out.
Every knee shall bow and every tongue shall confess
I am not friends with school shooters.
Intrigued by SIX, anyone else playing it? May start a position tomorrow morning on it. Trading at 50% below it's previous 5 year lows.
The companies were already borrowing to buy back shares. Oil companies that are doing that won't be able to anymore I bet.
1. no. If they aren't liquid and taking that bet it would be weird and borderline irresponsible.OverSeas AG said:
Was thinking about this today:
- Given interest rates almost going to zero, does anyone see companies borrowing money to finance share buy backs at these prices?
- Does anyone see a change in how markets function if enough people get killed in these markets? And on the other side start clamoring for changes... (I can see people whose 401Ks/IRAs get clobbered and do not recover b/c they sold low and bought high begging for change/relief. I can see the millennials and Gen Zers particularly calling for change.)
- Do any of you see (Once we do get some level of recovery) doing things differently in terms of investment strategies in the future. (For me it is to learn a lot more about options so that I can do a better job of hedging in the future).
- Personally I think we are in for a month or more of crazy volatility, but 12 to 18 months before this is somewhat forgotten. 2007/2008 took a long time to get people off the sidelines (average people) and I think this will take even longer.
Just thoughts and questions...
2. meh, I am a millennial and no. Most should view it as a long time horizon. 40 more years in the market.
3. No. If you are asking question 1 and 2, my guess is you should avoid number 3. Just don't be emotional about your investments.
4. More time than 2008 to recover? Only time will tell, but I think you are crazy.
Anyone have experience with $ET? Looks like a bargain.
Futures +125...this market is on crazy pills
SFIX is getting slaughtered
Every knee shall bow and every tongue shall confess
I am not friends with school shooters.
Average investors don't drive the markets. By the time 'average' investors get comfortable with the markets, most of the big money has already been made.
Every knee shall bow and every tongue shall confess
I am not friends with school shooters.
There will not be any bailouts. The market has inherent risks and you sign off on acknowledging those risks when you open an account. Bailout would be disastrous.
Every knee shall bow and every tongue shall confess
I am not friends with school shooters.
OverSeas AG said:
Oh I fully understand that. They are selling low (right now) and buying high (when they finally get back in).
I was just speculating about when they will get back in. I think people have taken a blood bath and once it is over and the dust has settled they are going to beg for a bail out.
Again appreciate the discussion... just kind of thinking out loud so to speak.
Bailout for what? We are not even in a recession.
Every knee shall bow and every tongue shall confess
I am not friends with school shooters.
OA what's your take on OVV? The gang in the "Houston...we have a problem" seems to be quite bearish on them due to a three way hedge.
Zero bailouts are going to individuals. Some industries may get relief, but the individual investors aren't
Oxy with a 25% rebound
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***
B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
Was up well over 30%, I'm still down a little from where I bought yesterday afternoon.
MRO reduces budget by $500MM. Heard MUR will be slashing by 50%
http://www.rbcrichardsonbarr.com/IndustryResearch/News.aspx?a=news&ticker=a&w=&story=202003202003100657PR_NEWS_USPR_____CL45779
http://www.rbcrichardsonbarr.com/IndustryResearch/News.aspx?a=news&ticker=a&w=&story=202003202003100657PR_NEWS_USPR_____CL45779
Congrats to anyone that bought OVV at close. Went from 2.30 to 3.60 overnight. Fingers crossed. We
I got 300 shares at 3.00 yesterday and sold my 3x inverse S&P 500 yesterday. For one day, I'm making positive moves in a crazy market.
I got 300 shares at 3.00 yesterday and sold my 3x inverse S&P 500 yesterday. For one day, I'm making positive moves in a crazy market.
Yeah, and people did not take a bloodbath. The average investor has a 401k or Roth, and likely didn't sell. They are still up a nice average return too.IrishTxAggie said:
Zero bailouts are going to individuals. Some industries may get relief, but the individual investors aren't
OverSeas AG said:Bocephus said:OverSeas AG said:
Oh I fully understand that. They are selling low (right now) and buying high (when they finally get back in).
I was just speculating about when they will get back in. I think people have taken a blood bath and once it is over and the dust has settled they are going to beg for a bail out.
Again appreciate the discussion... just kind of thinking out loud so to speak.
Bailout for what? We are not even in a recession.
As I said, there are people who have taken a blood bath in this market. Given the political climate of many folks in this country now seemingly embracing socialism and/or communism, I can see folks ask for 'relief' or 'bailout' or whatever you might want to call it for their 401ks/IRAs that were blasted in this. OR I can see the Dems using it as an excuse to some how try to take control of 401ks (which has been a mild threat for some time).
To be clear - I am not advocating for any bailouts or relief - I am just wondering/thinking about what aftermath, if any, there might be from this.
I am not a trader, don't play one on tv, and didn't stay at a holiday inn.
I am working on learning and will soon join in with you all so I can donate to great causes while I make profits.
That being said, I do follow some folks who almost as good as OA at picking stocks and technical trading.
Here is a quick summary of their piece this morning:
Yesterday the market hit a lot of their indicators signalling a green light. Not all their indicators are there, but most are. Many of the indicators hit a level that historically coincides with at least a temporary market low.
The Equity Put/Call ratio and 90% down days (five in the last 3 weeks) are hitting levels seen with a major bottom. EDIT TO ADD - OBV (Granville?) hit low of 1500 which was the low of Nov 2009.
Basically saying he isn't as nervous about the market as he was over the last 3 weeks. He would like to see a 90% up day or something close to it. Recapturing the low of 2/28 in the next couple of days would also help in defining a major bottom.
Basically thinks the risk/reward is now positive.
I am working on learning and will soon join in with you all so I can donate to great causes while I make profits.
That being said, I do follow some folks who almost as good as OA at picking stocks and technical trading.
Here is a quick summary of their piece this morning:
Yesterday the market hit a lot of their indicators signalling a green light. Not all their indicators are there, but most are. Many of the indicators hit a level that historically coincides with at least a temporary market low.
The Equity Put/Call ratio and 90% down days (five in the last 3 weeks) are hitting levels seen with a major bottom. EDIT TO ADD - OBV (Granville?) hit low of 1500 which was the low of Nov 2009.
Basically saying he isn't as nervous about the market as he was over the last 3 weeks. He would like to see a 90% up day or something close to it. Recapturing the low of 2/28 in the next couple of days would also help in defining a major bottom.
Basically thinks the risk/reward is now positive.
For you call purchasers, I read this as well:
Since 1952, when the 5 day trading week began, there have been 9 prior Monday drops of 5%+, and the index has risen by at least 2% the following day every time.
Not much of a prediction given what futures are showing us, but maybe it will help those that don't listen to OA when he tells you to follow the Model T.
Since 1952, when the 5 day trading week began, there have been 9 prior Monday drops of 5%+, and the index has risen by at least 2% the following day every time.
Not much of a prediction given what futures are showing us, but maybe it will help those that don't listen to OA when he tells you to follow the Model T.
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