Stock Market Discussion -- started 03/06/2018 -- updated daily !!!

[d2bets]

QQQ now positive YTD and at beginning Feb level. Unreal.

[homie1975]

QQQ now positive YTD and at beginning Feb level. Unreal.

my largest hold and basis $198 !!

[d2bets]

Another day dropping hard at the close. Bad sign.

[Madison]

but the bigger picture is where else are you gonna put money? at some point we're gonna have huge inflation and/or a financial reset, so you would be better off in hard assets/stocks than in cash/fixed income

totally agree that the debt is unpayable, if you add in unfunded ss/medicare, then we're at 100 trillion (1 million for every household lol)

Mike, I agree, however I've never invested in (Silver/Gold). Any thoughts as to where to start. I'm not a big ETF advocate but have been contemplating gold (GLD) since mid 1550's.

[Madison]

Been recommending BYND for some time. My cost basis around $70. Sold 40% today circa 118. Sucker currently circa 127. WTF, lol. Up like 30% last week.

[Madison]

Homie, hopefully you took a small position in DOCU. Not getting rich but most importantly Corona proof.

[krk1030]

Was hoping Disney would tank today. Everyone seems to have the same idea of buying it up anytime its under $100.

[Shafted69]

Jerome P. must've took the day off today.

[homie1975]

Homie, hopefully you took a small position in DOCU. Not getting rich but most importantly Corona proof.

One of several stocks on my watchlist that I believe are strong "stay at home economy" stocks but man I have such a mind block about buying stocks at all time highs

[MinnesotaFats]

Been recommending BYND for some time. My cost basis around $70. Sold 40% today circa 118. Sucker currently circa 127. WTF, lol. Up like 30% last week.

Your sale was well timed

The company is out of cash. Shorts loading up on the easy target here.

[Goat Milk]

Spirit stock plummeted today

At some point i think they'll go back to what they were. A cheap domestic airline without a ton of employees. Think Delta and United gonna crash harder.

But where is the bottom for these airlines?

[daneault23]

Put $8500 into TSLA (82%) and FB (18%) about a month ago. Doing decent thus far. These are holds for me for the next 5 years or so.

[chico2663]

Put $8500 into TSLA (82%) and FB (18%) about a month ago. Doing decent thus far. These are holds for me for the next 5 years or so.

Got 70 shares of fb at pops of 200. My original buy was at 220.Fb just went into business with a soccer broadcasting and the name is fubo. Bought at 10.99 ori 70 shares. Just went back to buy 30 more shares and now it is 17.00 a share.. This is an otc that has such investors as Disney,Goldman Sachs,Viacom to name a few.

[chico2663]

Shit has dropped a 1 since I bragged.

[Iona]

Earning after close today:

[Fred The Hammer]

Americans file for unemployment in record numbers so.....the market goes up 300

PYPL (Paypal) going apeshit but I missed the boat

AMCX (AMC) up today. Viewership up, but advertising down which makes sense. Thinking about jumping aboard

MGM & PENN (Penn Gaming) seem to go up&down 15% every 4-5 days. I've hit MGM twice so far, but the casinos seem fkd if you really stop and think about it. They can't even have 4-5 players at a blackjack table unless they're all in hazmat suits. I think I'm off the gambling stocks for the time being

SMPL (Simply Good Foods) is up today and they're most likely my next purchase. I think they bought the Atkins weight loss company and the protein bars are their hot item right now. Not the sexiest stock, but they're at $18.83 currently and should be back in the mid-20s at some point this year. Their numbers are good.

[MinnesotaFats]

Americans file for unemployment in record numbers so.....the market goes up 300

PYPL (Paypal) going apeshit but I missed the boat

AMCX (AMC) up today. Viewership up, but advertising down which makes sense. Thinking about jumping aboard

MGM & PENN (Penn Gaming) seem to go up&down 15% every 4-5 days. I've hit MGM twice so far, but the casinos seem fkd if you really stop and think about it. They can't even have 4-5 players at a blackjack table unless they're all in hazmat suits. I think I'm off the gambling stocks for the time being

SMPL (Simply Good Foods) is up today and they're most likely my next purchase. I think they bought the Atkins weight loss company and the protein bars are their hot item right now. Not the sexiest stock, but they're at $18.83 currently and should be back in the mid-20s at some point this year. Their numbers are good.

The optics of this are so bad for Trump.

35mm unemployed. They maybe got 1200, they maybe have gotten their unemployment....

Meanwhile $2trillion goes to business and even the SBA money wound up on Wall Street where people are taking in huge returns.

Trump is toast in 2020, there's zero way to spon this. Should have just given everyone $20k, no strings attached- skipped the biz/ sba stuff, and closed it down for 45 days.

[navyblue81]

Just invested $5k in Phillips 66. Oil is the way to go right now. Nowhere to go but up.

[Sanity Check]

The optics of this are so bad for Trump.

How is it Trump's fault that the normal everyday things that happen during a global pandemic.

Are happening right now. During a global pandemic.

Its like being mad @ Trump over snow in winter.

[navyblue81]

Trump is toast in 2020, there's zero way to spon this. Should have just given everyone $20k, no strings attached- skipped the biz/ sba stuff, and closed it down for 45 days.

Depends who he runs against. If it's Biden, I think he has a slightly better than 50/50 chance of winning. If the Democrats get smart and actually put up a candidate who doesn't have dementia and can win, like Cuomo or Warren, then I think Trump's chances of winning go way down.

I personally think, and have heard some whispers, there's some behind the scene stuff going on to put up a different candidate. They don't think Biden's right.

[MinnesotaFats]

How is it Trump's fault that the normal everyday things that happen during a global pandemic.

Are happening right now. During a global pandemic.

Its like being mad @ Trump over snow in winter.

OPTICS

Didn't say it was Trump's fault

35mm people have lost their income. They get $1200 + a long wait for UI

They watch the news, and Wall Street gets $2.5Trillion, and investors are sitting on all time high Nasdaq, and Dow/ SP are within 7% of all time high

You have Axel Rose trashing the Treasury JFC

Trump will lose 10mm votes of the (presumptive) 17.5 mm unemployed that were GOP just based on the spite driven by optics

It's over...there's no spin. The people who elected Trump got left behind for NY elitists and investors, the rest of the programs created to abide his base were corrupted by banks and bureaucrats (SBA, CDC)

[Madison]

One of several stocks on my watchlist that I believe are strong "stay at home economy" stocks but man I have such a mind block about buying stocks at all time highs

Agreed and understood. 80% of my portfolio is either "stay at home/Corona" or 5G.

[Madison]

Spirit stock plummeted today

At some point i think they'll go back to what they were. A cheap domestic airline without a ton of employees. Think Delta and United gonna crash harder.

But where is the bottom for these airlines?

I have a ton on the sidelines with airlines as a key target. My trigger is "when the destination offers something" i.e. open parks, restaurants, etc, etc. With that said we'd all be wealthy if we could pick the bottom.

Not a big ETF guy but have JETS on my radar as I don't think I'm bright enough to single out one or two best case survivors. BOL

[d2bets]

I have a ton on the sidelines with airlines as a key target. My trigger is "when the destination offers something" i.e. open parks, restaurants, etc, etc. With that said we'd all be wealthy if we could pick the bottom.

Not a big ETF guy but have JETS on my radar as I don't think I'm bright enough to single out one or two best case survivors. BOL

Could be the worst time. Market already anticipating that, but doesn't seem to anticipate that it could be re-closed as fast as it opens when there is a further surge.

[Madison]

Could be the worst time. Market already anticipating that, but doesn't seem to anticipate that it could be re-closed as fast as it opens when there is a further surge.

Can't we count on the GOV to keep at least 3 or 4 of these companies viable even if they take possession?

[chico2663]

Went with xom. They are doing a 2-1 split on July 11? I think.

[homie1975]

I have a ton on the sidelines with airlines as a key target. My trigger is "when the destination offers something" i.e. open parks, restaurants, etc, etc. With that said we'd all be wealthy if we could pick the bottom.

Not a big ETF guy but have JETS on my radar as I don't think I'm bright enough to single out one or two best case survivors. BOL

I too jumped into JETS for a small position as i wanted *some* exposure on the airline sector but it is a very small play with some divvy cash that was not significant enough to reinvest somewhere else

[d2bets]

Will today's gains hold or recede late like its been doing lately?

[Iona]

Earnings before the open Friday (tomorrow):

[KVB]

So China data seems to have trumped jobless claims today.

We're getting into this range with these indices. Let's see some technical screenshot guys.

Here's the S&P from my screen. Josh and everyone, I drew three trendlines in red. They were snap to lines even if they don't look straight..lol...you get the idea. Also some SMA's in there.

What are we looking at here guys? What's next for a breakout? What are the various scenarios from here?

This is the S&P 500, but it's a common chart pattern right now.





Same chart...Let's see if this image squeezed down is a little more visible with the legends...

[SBR_Guest_Pro]

Was hoping Disney would tank today. Everyone seems to have the same idea of buying it up anytime its under $100.

i saw that too. Bought it last time time it was at $99 then sold at $101 because I was nervous about it tanking

[SBR_Guest_Pro]

Americans file for unemployment in record numbers so.....the market goes up 300

PYPL (Paypal) going apeshit but I missed the boat

AMCX (AMC) up today. Viewership up, but advertising down which makes sense. Thinking about jumping aboard

MGM & PENN (Penn Gaming) seem to go up&down 15% every 4-5 days. I've hit MGM twice so far, but the casinos seem fkd if you really stop and think about it. They can't even have 4-5 players at a blackjack table unless they're all in hazmat suits. I think I'm off the gambling stocks for the time being

SMPL (Simply Good Foods) is up today and they're most likely my next purchase. I think they bought the Atkins weight loss company and the protein bars are their hot item right now. Not the sexiest stock, but they're at $18.83 currently and should be back in the mid-20s at some point this year. Their numbers are good.

I've been on PENN and holding on that. I'd stay away from AMC. They are going to end up closing a lot of theatres. Too much competition out there with the new theatres popping up with waitor and booze service, and at home TV movies getting better

[SBR_Guest_Pro]

Spirit stock plummeted today

At some point i think they'll go back to what they were. A cheap domestic airline without a ton of employees. Think Delta and United gonna crash harder.

But where is the bottom for these airlines?

I'm loading up on Spirit today at $10. Missed the boat on this one back in 2012 and have been kicking myself since then.

[SBR_Guest_Pro]

Depends who he runs against. If it's Biden, I think he has a slightly better than 50/50 chance of winning. If the Democrats get smart and actually put up a candidate who doesn't have dementia and can win, like Cuomo or Warren, then I think Trump's chances of winning go way down.

I personally think, and have heard some whispers, there's some behind the scene stuff going on to put up a different candidate. They don't think Biden's right.

Cuomo would he a horrible chance for them. He threw his state into the ground during this mess

[Madison]

I too jumped into JETS for a small position as i wanted *some* exposure on the airline sector but it is a very small play with some divvy cash that was not significant enough to reinvest somewhere else

Thinking same but very small. Thx! and best.