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

**chico2663** · 03-04-20, 12:23 AM

Originally posted by milwaukee mike

so lower rates mean lower stock prices? that makes no sense.

i think the market dropped because it is in a high-volatility phase and the path of least resistance on most days is down.

markets take the stairs up and the elevator down, and some of the biggest up days in market history are during a huge down trend

no but when the feds cut interest rates it makes people lose faith in the govt. Sort of like a rich guy buying his girlfriend a present to get her to quit fukking her fitness instructor!

**milwaukee mike** · 03-04-20, 07:48 AM

Originally posted by chico2663

no but when the feds cut interest rates it makes people lose faith in the govt. Sort of like a rich guy buying his girlfriend a present to get her to quit fukking her fitness instructor!

anyone gobbling up retailers? kss/gps/m/mik/home/bbby... dividends on some of those are crazy good, and the others can just buy back all the outstanding shares if their cash flow doesn't go to 0

**MinnesotaFats** · 03-04-20, 08:34 AM

Originally posted by chico2663

no but when the feds cut interest rates it makes people lose faith in the govt. Sort of like a rich guy buying his girlfriend a present to get her to quit fukking her fitness instructor!

No choice but to cut

Rest of world has negative rates already

Money out of market going into safety nets like bonds at <1% so fed cuts rate to spur investment in equities as they actually outpace inflation

The fed should restore faith in Gov, as a passive or inactive central bank would be a disaster

**chico2663** · 03-04-20, 01:27 PM

Originally posted by milwaukee mike

anyone gobbling up retailers? kss/gps/m/mik/home/bbby... dividends on some of those are crazy good, and the others can just buy back all the outstanding shares if their cash flow doesn't go to 0

buddy sold kss and other retailers for profits.still waiting for cato to recover so i can dump.

**homie1975** · 03-04-20, 02:36 PM

DOW around +900 at the moment

**Shafted69** · 03-04-20, 03:04 PM

Thank you Joe Biden for this rally !!! Now it's time for me to dump and buy when it retests the lows again.

**milwaukee mike** · 03-04-20, 03:35 PM

Originally posted by chico2663

buddy sold kss and other retailers for profits.still waiting for cato to recover so i can dump.

why in the world would you sell a quality ZERO DEBT company like cato with a 8% dividend? what are you gonna put the money in that's better

**d2bets** · 03-04-20, 04:16 PM

Now what? Isn't it hard to imagine going to back to the old highs now until and unless the corona stuff totally blows over and we see the financial effects from it. Seems like we may just see 2-4% daily ups and downs within 2850-3150 S&P. Buy on the lower end and sell on the upper end?

**chico2663** · 03-04-20, 04:30 PM

Originally posted by milwaukee mike

why in the world would you sell a quality ZERO DEBT company like cato with a 8% dividend? what are you gonna put the money in that's better

i flip after divs or or if i make half what i would make divs. if you follow this site you will see i gave out swks when it was 78 and sold at 125. Bought tsm at 38 and sold 59.Bought pags at 36? and sold 53. Bought vir at 16 and sold at 25. Kicking myself in the ass because now in the 40's. I have 4 stocks that i accumulate from extra cash. Pg,bmy and fb. Also lightweight bidu. i scour different sites to gather info. read where jcp ceo bought 50.000 shares so bought 5000 share at .87 cents and got rid of 1.15. Bought nio at 1.50? and sold at4.57. i like taking gains and jumping. i fuckked up by listening to mother on fb. Should of sold. now down 1500 just on fb. Bought ohi and lost 400 in a matter of days But waiting on 200 worth of divies.

**JIBBBY** · 03-04-20, 04:32 PM

Stock market is like a roller coaster now.. Up big one day, down big the next, then back up. This is crazy.

**chico2663** · 03-04-20, 04:34 PM

Originally posted by d2bets

Now what? Isn't it hard to imagine going to back to the old highs now until and unless the corona stuff totally blows over and we see the financial effects from it. Seems like we may just see 2-4% daily ups and downs within 2850-3150 S&P. Buy on the lower end and sell on the upper end?

Something is fishy as hell. most people dying are from the state of washington. they never went anywhere. I think it has been here awhile and they also had it in china. There is a conspiracy theory going around that china stole the shit from canada.

**d2bets** · 03-04-20, 04:47 PM

Originally posted by chico2663

Something is fishy as hell. most people dying are from the state of washington. they never went anywhere. I think it has been here awhile and they also had it in china. There is a conspiracy theory going around that china stole the shit from canada.

I think that's because a nursing home facility got hit hard. Close quarters and people of ill health. I think the truth is it's not quite as easy and prone to spread as people think and containment efforts can have real impact. I don't think it's a "spread like wildfire" situation. Here very close to where I live we had a husband then wife case in January at a hospital, which recovered, and now recently another husband and wife case doing well in another nearby hospital. I guess there could be additional unreported nearby cases, but none so far. Awareness and prep is good and all, but people are way too freaked out.

**MinnesotaFats** · 03-04-20, 04:54 PM

Originally posted by chico2663

Something is fishy as hell. most people dying are from the state of washington. they never went anywhere. I think it has been here awhile and they also had it in china. There is a conspiracy theory going around that china stole the shit from canada.

I saw today basically as bulls searching for good news to buy.

So you've likely got an election that keeps healthcare as is regardless....and a good jobs #

That's worth 3% lol

LA just shut down completely
9 dead in WA
We don't know what's happening in Vegas yet if
anything but that's the next big ????
American cancelling flights left n right
Theres going to be very low discretionary
spending rest of Q1
Every retailer and manufacturer is going to kiss
its earnings and yearly guidance goodbye

**chico2663** · 03-04-20, 05:18 PM

Originally posted by MinnesotaFats

I saw today basically as bulls searching for good news to buy.

So you've likely got an election that keeps healthcare as is regardless....and a good jobs #

That's worth 3% lol

LA just shut down completely
9 dead in WA
We don't know what's happening in Vegas yet if
anything but that's the next big ????
American cancelling flights left n right
Theres going to be very low discretionary
spending rest of Q1
Every retailer and manufacturer is going to kiss
its earnings and yearly guidance goodbye

we have them at lackland afb. 3 hrs from here also down the gulf about 2 hrs away. the guy at target was wearing a glove. i called him michael jackson. he didn't find the humor.

**homie1975** · 03-04-20, 06:40 PM

Originally posted by Shafted69

Thank you Joe Biden for this rally !!! Now it's time for me to dump and buy when it retests the lows again.

Was this a Biden Bounce or was it simply the computers or big institutions coming back into an oversold market?

**milwaukee mike** · 03-04-20, 09:39 PM

Originally posted by chico2663

i flip after divs or or if i make half what i would make divs. if you follow this site you will see i gave out swks when it was 78 and sold at 125. Bought tsm at 38 and sold 59.Bought pags at 36? and sold 53. Bought vir at 16 and sold at 25. Kicking myself in the ass because now in the 40's. I have 4 stocks that i accumulate from extra cash. Pg,bmy and fb. Also lightweight bidu. i scour different sites to gather info. read where jcp ceo bought 50.000 shares so bought 5000 share at .87 cents and got rid of 1.15. Bought nio at 1.50? and sold at4.57. i like taking gains and jumping. i fuckked up by listening to mother on fb. Should of sold. now down 1500 just on fb. Bought ohi and lost 400 in a matter of days But waiting on 200 worth of divies.

good stuff, congrats on those

proves there's more than one way to skin a cat... i'm more in the game for the higher returns and preferential treatment on long-term capital gains/dividends/reits (section 199a dividends)/preferreds

no idea why someone would buy a 10-year treasury for under 1% when there are some pretty good stocks paying 8%. if the world comes to an end, or shit hits the fan, the us treasury bond isn't gonna do you any good either

**guitarjosh** · 03-05-20, 04:04 AM

Originally posted by homie1975

Was this a Biden Bounce or was it simply the computers or big institutions coming back into an oversold market?

They're not back in the market, look at the volume.

**jjgold** · 03-05-20, 06:41 AM

stay away from daily trading of markets you will get destroyed like many have

**MinnesotaFats** · 03-05-20, 06:42 AM

There is no reason to buy

Every gain is on hope and prayer news, always cut in half the next day if not worse

**DoctorStrong** · 03-05-20, 07:08 AM

dow futures down big could be a bad day for stocks

**chico2663** · 03-05-20, 09:10 AM

yes, you are right!

**Git Lo** · 03-05-20, 10:10 AM

Originally posted by MinnesotaFats

There is no reason to buy

Every gain is on hope and prayer news, always cut in half the next day if not worse

Dont forget we were living on borrowed time before the virus. Now we have an excuse as to why we ran out of borrowed time

**chico2663** · 03-05-20, 10:38 AM

Originally posted by milwaukee mike

why in the world would you sell a quality ZERO DEBT company like cato with a 8% dividend? what are you gonna put the money in that's better

wish i would of sold cato for small loss. The div doesn't come out til tomorrow. Down 1.00 today + .33 tomorrow on div.

**homie1975** · 03-05-20, 12:02 PM

Originally posted by guitarjosh

They're not back in the market, look at the volume.

got it. I was watching volume on QQQ, TQQQ and SPY, which was very high on all three

**DwightShrute** · 03-05-20, 01:19 PM

**no1here** · 03-05-20, 01:20 PM

virus being a real threat is what is bringing the market down. You really need to stock up on the basics.
(market still has a lot of room to go down likely settling in the 18K/19K range)

**chico2663** · 03-05-20, 01:37 PM

viris in htn down by rice university. Shame our congress doesn't have it.

**homie1975** · 03-05-20, 02:20 PM

Originally posted by DwightShrute

Goes up and down under both parties.

EFF the politics Shruter let's hear a winner

**chico2663** · 03-05-20, 02:53 PM

not sure about that homie. prove fact stock market does better under dems. Reagan did well but he was a rino. trump is a rino. Lost my ass under bush. when companies go out of business there ias no way to get your money back. Lost a shitload on Enron. I just hope fb comes back. Down 2000 on that shit. I know pg will come back. They got the virus by rice university.

**guitarjosh** · 03-05-20, 02:59 PM

Originally posted by homie1975

got it. I was watching volume on QQQ, TQQQ and SPY, which was very high on all three

compared to the previous days

**homie1975** · 03-05-20, 03:06 PM

Insanely large red and green alternating days what a wild ride !!

**d2bets** · 03-05-20, 03:06 PM

I think if we close above 3,025 today, tomorrow could be another big leg up back over 3,100. Up one day down the next, rinse and repeat.

**Shafted69** · 03-05-20, 03:07 PM

Thanks Drumpf for the market decline today! Glad I shorted EOD yesterday.

**d2bets** · 03-05-20, 03:13 PM

Originally posted by Shafted69

Thanks Drumpf for the market decline today! Glad I shorted EOD yesterday.

Are you closing that out today?

**DwightShrute** · 03-05-20, 03:35 PM

Originally posted by homie1975

Goes up and down under both parties.

EFF the politics Shruter let's hear a winner

right on cue

vvv

Originally posted by Shafted69

Thanks Drumpf for the market decline today! Glad I shorted EOD yesterday.