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OverSeas AG
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Every knee shall bow and every tongue shall confess
I am not friends with school shooters.
McInnis 03
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Ragoo said:

McInnis 03 said:

hedge_zer0 said:

i wonder what amazon will do, considering multiple employees at different warehouses have gotten sick


They'll buy one of the cruise lines and probably something like schlumberger
what would amazon do with an O&G service company?


Don't know, but they aren't there yet so why not

I'm being sarcastic, but it wouldn't shock me top see Amazon enter areas they've been wanting now that everyone is on sale
Ragoo
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McInnis 03 said:

Ragoo said:

McInnis 03 said:

hedge_zer0 said:

i wonder what amazon will do, considering multiple employees at different warehouses have gotten sick


They'll buy one of the cruise lines and probably something like schlumberger
what would amazon do with an O&G service company?


Don't know, but they aren't there yet so why not

I'm being sarcastic, but it wouldn't shock me top see Amazon enter areas they've been wanting now that everyone is on sale
i don't see Bezos entering that space.
DRE06
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Depends on the audience. My grandparents used to Travel to Europe 2-4 times a year for 2+ weeks at a time (not on cruises). In their later years when they lost some of their mobility, the switched over to cruises. It allowed them to still travel with significantly less walking. There were days when grandma felt good but grandpa was tired, so he just stayed on the ship.

There's a huge 60+ crowd that go on cruises for weeks at a time.
La Bamba
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This is a good point. That first 30 minutes sees a lot of volatility and price swings for multitudes of reasons. You could have profit taking from the night before or artificial pumping to trap longs in.

The daily trend becomes more evident 8:45 - 9:00 AM plus.
Ragoo
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I doubt cruises go away. RCL, Carmival, Disney they will all be back.
SW AG80
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Cruise ships need to stay in business. Keeps a lot of kids away from places I want to go.
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IrishTxAggie
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La Bamba
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IrishTxAggie said:


NVS, AMRX, TEVA, RHHBY, MYL
pfo
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Once stocks quit going down on bad news, their next move is up.
Aggies1322
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La Bamba said:

IrishTxAggie said:


NVS, AMRX, TEVA, RHHBY, MYL

Will these companies see any movement? It seems like TEVA is donating hydroxychloroquine..
McInnis 03
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$CYDY

https://nypost.com/2020/03/28/coronavirus-patients-taken-off-ventilators-after-getting-experimental-hiv-drug/

"CytoDyn, the drug's manufacturer, could get FDA approval in six weeks if leronlimab continues to show promise. No drugs currently have FDA approval to treat the novel coronavirus."
La Bamba
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We'll see. Just names to keep an eye out on these news.
OverSeas AG
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Every knee shall bow and every tongue shall confess
I am not friends with school shooters.
FishrCoAg
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pfo said:

Once stocks quit going down on bad news, their next move is up.


Brilliant analysis
ProgN
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FishrCoAg said:

pfo said:

Once stocks quit going down on bad news, their next move is up.


Brilliant analysis
PFO is well versed in the markets. He's saying that when more and more negative news comes out and the markets don't sell off then it's next move is higher, and he's right.
ProgN
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Futures went from down 500 on the DJIA at 5 to positive. Hmmmmm
Aston04
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Still think we are trending down tomorrow - trump confirmed we r on quasi lock down through April. Not good for companies with weak balance sheets.
Boat Shoes
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Aston04 said:

Still think we are trending down tomorrow - trump confirmed we r on quasi lock down through April. Not good for companies with weak balance sheets.


I feel like this was baked in though. I know he had mentioned being back to work by Easter, but most of the talk has been much longer than that. I'm not surprised with the April 30th date personally.
BrokeAssAggie
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Agree, I think most figured this would last at least past Easter.
AnyOtherName
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Thoughts on shorting O&G today? Crude is down to March 18 lows.
Ragoo
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I actually think April 30 is still optimistic.
BrokeAssAggie
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https://www.google.com/amp/s/www.marketwatch.com/amp/story/guid/5E4E645A-71CD-11EA-A51E-D3F790D4C0CD
McInnis 03
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ABT up 10% in premarket
Ranger222
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McInnis 03
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Can anyone tell me what in God's green earth happened to XOP? It was trading in the 8's for weeks, and all of a sudden it's in the 30's in premarket? This makes zero sense. Curious what happened.
McInnis 03
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Nevermind, Nicky Batista got it covered for me

$XOP 4:1 Reverse split. If you had options on prior they are now non standard, you will need to switch to NS1 on the trade page. Bid/ask spreads are gonna be a bit wide on the open


gougler08
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AnyOtherName said:

Thoughts on shorting O&G today? Crude is down to March 18 lows.
XOM down premarket but RDSA up
FishrCoAg
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Prognightmare said:

FishrCoAg said:

pfo said:

Once stocks quit going down on bad news, their next move is up.


Brilliant analysis
PFO is well versed in the markets. He's saying that when more and more negative news comes out and the markets don't sell off then it's next move is higher, and he's right.


Missed the nuance when reading. My apologies
oldarmy1
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Markets never cease to surprise. I suppose 2 trillion and the Fed have the "Trump" cards to play.

On to Model T completion? Wouldn't that be something.
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ProgN
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oldarmy1 said:

Markets never cease to surprise. I suppose 2 trillion and the Fed have the "Trump" cards to play.

On to Model T completion? Wouldn't that be something.
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