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

[Slurry Pumper]

I know Trump's not an expert. Follow the experts and the data. I will take my cues from the experts.

As it turns out the experts in the needed areas are myopic with their views. We can't just follow the medical guys down a path that will save about 20000 people at the expense of 350000000 people. It's time to cut loose while we still can tell the fossils good luck and sit tight.

[rkelly110]

As it turns out the experts in the needed areas are myopic with their views. We can't just follow the medical guys down a path that will save about 20000 people at the expense of 350000000 people. It's time to cut loose while we still can tell the fossils good luck and sit tight.

Fossils? Look in the mirror pal, it's coming for you too.

[d2bets]

As it turns out the experts in the needed areas are myopic with their views. We can't just follow the medical guys down a path that will save about 20000 people at the expense of 350000000 people. It's time to cut loose while we still can tell the fossils good luck and sit tight.

I both agree and disagree. The biggest issue is hospital and health care capacity. It's not just the deaths themselves, it's the total and complete overhwhelm of the health care system if covid-19 runs rampant through every hospital. If we can quickly build up alternative sites and processes and medical equipment and staff, etc then what you are saying could make sense. We don't have enough beds, ventilators, masks, etc right now. Maybe in two weeks we can make it happen. That needs to be the #1 focus.

But you have no idea what horror show will unfold if we let covid-19 rip with current capacity in hospitals.

[homie1975]

I both agree and disagree. The biggest issue is hospital and health care capacity. It's not just the deaths themselves, it's the total and complete overhwhelm of the health care system if covid-19 runs rampant through every hospital. If we can quickly build up alternative sites and processes and medical equipment and staff, etc then what you are saying could make sense. We don't have enough beds, ventilators, masks, etc right now. Maybe in two weeks we can make it happen. That needs to be the #1 focus.

But you have no idea what horror show will unfold if we let covid-19 rip with current capacity in hospitals.

i have numerous doctors in my fam and friend circle and they are all saying exactly this

[Madison]

How could they not have online access to their 401Ks in 2020

Lol

They have access for sure but have drunk the lemonade to stay long. I know many. When the statement arrives a dose of reality will set in. Also many older and don't live and die with the day to day ups and downs.

[Madison]

printing money and injecting it into the system absolutely = inflation. the question is when does it start.

Been my question forever but it never seems to perpetuate itself. My biggest fear is inflation.

[Madison]

401K withdrawals

How many have a 401K or the like. Personally I'm in 401K hell, where 90% of my net worth is in my home or 401K.

Personally biased, but what do you folks think about a 401K bailout whereby they allow us to withdraw at reduced taxation? I've heard whispers about this , but it would be great for the economy and liquidity, no?

[d2bets]

How many have a 401K or the like. Personally I'm in 401K hell, where 90% of my net worth is in my home or 401K.

Personally biased, but what do you folks think about a 401K bailout whereby they allow us to withdraw at reduced taxation? I've heard whispers about this , but it would be great for the economy and liquidity, no?

That's possible, but that would tank the market even more even if they just whispered it right now.

[homie1975]

How many have a 401K or the like. Personally I'm in 401K hell, where 90% of my net worth is in my home or 401K.

Personally biased, but what do you folks think about a 401K bailout whereby they allow us to withdraw at reduced taxation? I've heard whispers about this , but it would be great for the economy and liquidity, no?

i like the idea, but doesn't that remove tremendous liquidity from the markets as 401ks are stocks, mutual funds, etc?

how about a 5% tax penalty instead of 10% ??

but then you have to pay it back if you are under 59.5 just like now

[Madison]

Cell towers CCI\AMT

I'm getting buried in a long position in these. Any insight/help?

[Madison]

i like the idea, but doesn't that remove tremendous liquidity from the markets as 401ks are stocks, mutual funds, etc?

how about a 5% tax penalty instead of 10% ??

but then you have to pay it back if you are under 59.5 just like now

LOL, well I'm closing in on 66 and just trying to preserve what I have. Have a bunch of expiring CD's at 2.75-3.50 I bought 2 or 3 years ago. What do I do except explore equities?

[homie1975]

my apologies as i don't know your particular financial situation but in the age range of mid-60's i would have expected a move into fixed income funds and bonds ie less volatile? people i know in their early to mid 50's moved over to fixed income and bonds in their 401K's last year to reduce risk as they said the market was trading at unsustainable numbers in their opinion.

[CappinTerp]

As I write this post,the DOW is up 1,500 points. If these politicians don't past this bill today,it will be down 1,400 + points. It is worth considering to set up a short !! A lot of good news is already priced in ! We had a saying back in the day..." up on anticipation,down on the fact" As I see it a short is worthy for a trade !.....but do not sell calls to go short !!...................................... .............bol

[Sam Odom]

Dow +2,112

We live in curious times

[homie1975]

Dow +2,112

We live in curious times

bounce from the anticipation of the emergency deal.

alternating up and down every other day. no shock here. i bought yesterday.

[Madison]

my apologies as i don't know your particular financial situation but in the age range of mid-60's i would have expected a move into fixed income funds and bonds ie less volatile? people i know in their early to mid 50's moved over to fixed income and bonds in their 401K's last year to reduce risk as they said the market was trading at unsustainable numbers in their opinion.

LOL, I did as well but left 10-15% for growth. What fixed income opportunities were available 2-3 years ago have evaporated.

[d2bets]

bounce from the anticipation of the emergency deal.

alternating up and down every other day. no shock here. i bought yesterday.

You think tomorrow is back down?

[homie1975]

You think tomorrow is back down?

if there is no deal yet then i think it trades sideways or slightly green.

the big day is thurs. unemployment numbers come out. yikes

[d2bets]

[QUOTE=homie1975;29343571]if there is no deal yet then i think it trades sideways or slightly green.

the big day is thurs. unemployment numbers come out. yikes[/QUOTE]
Yeah, but doesn't everyone know that? I mean, honestly, I would think this first batch of numbers might actually not be as "bad" as people think. Like maybe it's 12% and not 20%. Who knows.

I think next week might be bad when:
a. Trump bungles and confuses the end of the 15-day period
b. hospital overhwelm ramps up
c. 1Q 401k statements sent out on April 1.

[Slurry Pumper]

I think we come back slightly and hold 20000 If it dips below 20000, I'm gonna slowly load up to see how stable it feels but there are the unemployment numbers which will astonish many on lookers along. The virus daily death rate flattening will be a sign to me to come in for some more.

[d2bets]

I think we come back slightly and hold 20000 If it dips below 20000, I'm gonna slowly load up to see how stable it feels but there are the unemployment numbers which will astonish many on lookers along. The virus daily death rate flattening will be a sign to me to come in for some more.

The death rate is less important than the hospitals. Watch the hospitals. Watch and see if there is enough capacity and beds. It's like Katrina and the levees. The hospitals are the levees. Once that damn breaks it's ugly chaos.

[CappinTerp]

if there is no deal yet then i think it trades sideways or slightly green.

the big day is thurs. unemployment numbers come out. yikes

..the unemployment will not make a difference,those #' are already priced in. The reason why Tues. DOW went from +1500 to +2100 is that the bail out package went from 2 trillion to a staggering 6 trillion. There will be a time to bottom fish but not for another 3+ weeks. If one feels like bottom fishing now....lay down until the feeling goes away.

[d2bets]

..the unemployment will not make a difference,those #' are already priced in. The reason why Tues. DOW went from +1500 to +2100 is that the bail out package went from 2 trillion to a staggering 6 trillion. There will be a time to bottom fish but not for another 3+ weeks. If one feels like bottom fishing now....lay down until the feeling goes away.

So you're saying there's another big leg down and we don't bottom for 3 weeks? Very possible.

[homie1975]

..the unemployment will not make a difference,those #' are already priced in. The reason why Tues. DOW went from +1500 to +2100 is that the bail out package went from 2 trillion to a staggering 6 trillion. There will be a time to bottom fish but not for another 3+ weeks. If one feels like bottom fishing now....lay down until the feeling goes away.

i would not be so sure about that

[d2bets]

Market has bounced around 12%-13% from the bottom (on Monday 3/23).

Million Dollar Question: Is the bottom in?

[homie1975]

Josher please chime in..

I believe the bad news cycle still has more left for us so I am waiting before I continue to build my positions. I don't buy on Green days. I buy on RED days

[d2bets]

Dow is far outpacing the S&P and NASDAQ today. Looks like mostly because of Boeing. I hate when people follow the market based on the Dow. Just not a good picture.

[homie1975]

Dow is far outpacing the S&P and NASDAQ today. Looks like mostly because of Boeing. I hate when people follow the market based on the Dow. Just not a good picture.

that's because the DOW had fallen the furthest

[Slurry Pumper]

I think we will wake up one day and see a gap down open. I'm stepping in below 20000, but wouldn't be surprised to see another leg down to 17000 under that and I'm loading for long haul time limit. Then again I also play the upticks and a 2 day profit of better than 20 percent on some stocks you knew they were getting some help like Boeing is a good deal. Taking profits and wait for tomorrow's numbers

[d2bets]

I think we will wake up one day and see a gap down open. I'm stepping in below 20000, but wouldn't be surprised to see another leg down to 17000 under that and I'm loading for long haul time limit. Then again I also play the upticks and a 2 day profit of better than 20 percent on some stocks you knew they were getting some help like Boeing is a good deal. Taking profits and wait for tomorrow's numbers

I think next week could be back to reality when cases keep accelerating, social distancing remains and 401k statements are delivered.

But, money is being devalued and there is nowhere else to park cash.

Invest in solid companies who can capitalize on big changes.

I added to my Nvidia on Monday just above 200. My favorite big tech.

[Mac4Lyfe]

I think next week could be back to reality when cases keep accelerating, social distancing remains and 401k statements are delivered.

But, money is being devalued and there is nowhere else to park cash.

Invest in solid companies who can capitalize on big changes.

I added to my Nvidia on Monday just above 200. My favorite big tech.

Stocks will get hammered this Friday with unemployment data.

I'm heavy in Nvidia. Also AMD as well.

[d2bets]

Stocks will get hammered this Friday with unemployment data.

I'm heavy in Nvidia. Also AMD as well.

Nvidia is going to benefit with stronger chip and gaming demand and then AI and auto. Within a couple years, it's cha-ching all over the place. They have the smartest management to capitalize. It's my biggest holding by far and I am not selling a single share.

Yeah, maybe the selling starts Friday and continues into Monday. Might look to do a little selling today/tomorrow.

[d2bets]

Looking out a couple years past this mess, companies might actually be more profitable. This is going to force companies to be more efficient and utilize tech better, etc. That, combined with the "juice" of government spending and easy money could see new market highs actually not that far off. Then again, I could be wrong. But for sure some companies will capitalize, others will die. The ones who remain will be stronger for it.

[guitarjosh]

Market has bounced around 12%-13% from the bottom (on Monday 3/23).

Million Dollar Question: Is the bottom in?

A temporary bottom could be in, but we could test the lows and go lower.

[MinnesotaFats]

The only bounce is on the Gvnt dumping $2trillion into economy and cutting rates.

Liquidy sucks

Credit markets are closed

Employment horrible

Earnings way off

This is going down down down well into 2nd quarter

It's bad, theres 25 million that just lost their jobs and aint getting rehired