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

**guitarjosh** · 03-08-20, 05:06 PM

Futures down over 4%.

**milwaukee mike** · 03-08-20, 07:07 PM

holy shit oil getting crushed

even as pessimistic as i was, i never thought we'd see $30 oil

good god i'm buried, have huge positions in bp and psx

**grease lightnin** · 03-08-20, 07:08 PM

Oil was $29 five yrs ago

**milwaukee mike** · 03-08-20, 07:26 PM

Originally posted by grease lightnin

Oil was $29 five yrs ago

and gold was 1050... i would be equally shocked if gold plunged down to that level again

yes oil dropped below 30 but the average price for 2016 was still around $44 which made it at least somewhat profitable to pull it out of the ground. if oil stays below 30 for any great length of time, the whole world is bankrupt

**grease lightnin** · 03-08-20, 07:32 PM

Gold and oil apples and oranges but I agree it is ominous.

**milwaukee mike** · 03-08-20, 07:43 PM

Originally posted by grease lightnin

Gold and oil apples and oranges but I agree it is ominous.

well yes, apples and oranges, but when things start trading way below what it costs to make/extract them...

this does create opportunities though, stuff like pei-c at $9, even if jcp and every other mall retailer quits paying rent, that preferred probably still gets paid off at $25

**milwaukee mike** · 03-08-20, 09:01 PM

remember when people thought cryptos were a safe haven or hedge against recession/depression?

that's always been gold and always will be gold

**Bostongambler** · 03-08-20, 09:01 PM

Just listen to Warren. It’s that simple. Invest in good stocks. Don’t know what market will do in 1 day, 1 week, 1 month, 5 years, but America will thrive and so will your stocks.

**Thor4140** · 03-08-20, 09:58 PM

Mooch said Trumps big mouth has caused the market to lose two Trillion dollars. He also said if you want to lie about your hotel being 10 thous square feet when it is only 1000 square feet fine but the way he is lying about Corona Virus is gonna cause people lives. This is where the Fox News crowned may finally wake up and realize the shit that they have been slurping up for years is finally gonna catch up with them.

**dustyy** · 03-08-20, 10:11 PM

Originally posted by Thor4140

Mooch said Trumps big mouth has caused the market to lose two Trillion dollars. He also said if you want to lie about your hotel being 10 thous square feet when it is only 1000 square feet fine but the way he is lying about Corona Virus is gonna cause people lives. This is where the Fox News crowned may finally wake up and realize the shit that they have been slurping up for years is finally gonna catch up with them.

I wouldn't pay too much attention to what this Napoleonic Complex dude is saying right now. Hell hath no fury like a self absorbed narcissist scorned. This little guy has an agenda and is trying to become relevant for the second time in his life. He's grabbing on to anyone that will listen to him

**Sanity Check** · 03-08-20, 11:26 PM

So when do we sue china for giving us all corona aids.

...

**Thor4140** · 03-09-20, 12:13 AM

Originally posted by dustyy

I wouldn't pay too much attention to what this Napoleonic Complex dude is saying right now. Hell hath no fury like a self absorbed narcissist scorned. This little guy has an agenda and is trying to become relevant for the second time in his life. He's grabbing on to anyone that will listen to him

Or he is simple telling the truth since he is a big money man. I have seen him stick up for Trump on some occasions just recently. I will trust the Harvard law guy over the guy who refuses to show his grades and one teacher back in 2012 said Trump was the dumbest pupil he ever taught.

**cincinnatikid513** · 03-09-20, 12:19 AM

any funeral home stocks can invest in

**Git Lo** · 03-09-20, 02:42 AM

ive never seen a dollar sell off or any currency selloff like this before. trump did want a weak dollar I wonder if he will speak on it all awhile every market tanks as well

**Git Lo** · 03-09-20, 03:12 AM

german dax down 8%, us futures halted when they were down 5% so expect to be down between 5-10% at the open

**Enkhbat** · 03-09-20, 03:16 AM

FTSE in London 8% as well

UK and US stock markets suffer worst day since 2008 – as it happened

https://www.theguardian.com/business/live/2020/mar/09/markets-plunge-crash-financial-crisis-coronavirus-ftse-italy-oil-price-dow-business-live

Stocks have tumbled again in New York, and across Europe and Asia, as Saudi Arabia’s oil price war adds to panic over the coronavirus crisis

**milwaukee mike** · 03-09-20, 08:40 AM

Originally posted by Bostongambler

Just listen to Warren. It’s that simple. Invest in good stocks. Don’t know what market will do in 1 day, 1 week, 1 month, 5 years, but America will thrive and so will your stocks.

it's pretty easy to tell what a "good stock" is after the fact.

in the 1960s you would've bought bowling and railroad stocks

what about gm? enron? bear stearns? those were good stocks at one time

and warren buffett would have virtually the same amount of wealth if he dumped his inheritance in a money market fund and let it sit there

**guitarjosh** · 03-09-20, 02:35 PM

NYSE bullish percent is 17.66, S&P 500 is at 12.40, Nasdaq is at 23.66. A bounce should be coming soon.

**chico2663** · 03-09-20, 03:49 PM

bought aal today. 6 months to go beforeweare back to even.

**guitarjosh** · 03-09-20, 05:02 PM

Total washout

S&P 500 % of stocks above 50 day: 5.01%
% above 200 day: 17.23%

NYSE % of stocks above 50 day: 7.40%
% above 200 day: 15.03%

Nasdaq % of stocks above 50 day: 10.27%
% of stocks above 200 day: 20.40%

**chico2663** · 03-09-20, 05:05 PM

shame i didn't keep more liquid

**guitarjosh** · 03-09-20, 05:16 PM

I'm thinking this might open lower and then everyone runs in to buy.

**milwaukee mike** · 03-09-20, 05:30 PM

Originally posted by guitarjosh

I'm thinking this might open lower and then everyone runs in to buy.

historically at least we've had those capitulation days after a big downer

forced/scared selling at the open

behaviors are being permanently changed though, not sure how you cancel all this stuff and then 3 months from now people will want to go on a cruise or still have that convention?

**grease lightnin** · 03-09-20, 06:02 PM

Behaviors are not so permanently changed I think. It will take time, but we will get back to normal.

**Sanity Check** · 03-09-20, 08:02 PM

Don't expect markets to rebound to post crash highs.

Not for another 5-10 years. If ever.

**d2bets** · 03-09-20, 10:11 PM

Originally posted by Sanity Check

Don't expect markets to rebound to post crash highs.

Not for another 5-10 years. If ever.

New high under President Biden.

**Sanity Check** · 03-09-20, 10:35 PM

Originally posted by Sanity Check

Shouldn't markets be crashing atm with so much of global production and supply chains being centralized in quarantined china.

2-19-2020.

This was the day I expected the 2000 point crash we got today.

I expected the crash before anyone even knew a big crash was coming.

Cuz I'm the best & most knowledgeable source any of you will ever see.

Originally posted by d2bets

New high under President Biden.

This guy of course is the complete opposite.

Leftists always try to lie their way into credibility.

But can it actually work.

**grease lightnin** · 03-10-20, 07:14 AM

Originally posted by Sanity Check

2-19-2020.

This was the day I expected the 2000 point crash we got today.

I expected the crash before anyone even knew a big crash was coming.

Cuz I'm the best & most knowledgeable source any of you will ever see.

This guy of course is the complete opposite.

Leftists always try to lie their way into credibility.

But can it actually work.

No. You are simply another run-of-the-mill mentally handicapped troll.

You make this thread smell like a fart in a closet.

**Sanity Check** · 03-10-20, 07:48 AM

Originally posted by grease lightnin

No. You are simply another run-of-the-mill mentally handicapped troll.

You make this thread smell like a fart in a closet.

You don't read these threads enough to know I called tesla a buy when it was priced under $300.

No one that posts here is anywhere as accurate as I've been, over time.

Empty words from you.

**milwaukee mike** · 03-10-20, 07:56 AM

let's focus on what to do NOW rather than what we should've done weeks ago

pei-c at $6... bhr-b at $13... home at $3... mux at $0.89

opportunities await, at least one of those is gonna double and probably all 4

**chico2663** · 03-10-20, 09:14 AM

Originally posted by Sanity Check

2-19-2020.

This was the day I expected the 2000 point crash we got today.

I expected the crash before anyone even knew a big crash was coming.

Cuz I'm the best & most knowledgeable source any of you will ever see.

This guy of course is the complete opposite.

Leftists always try to lie their way into credibility.

But can it actually work.

Market does better under lefties

**chico2663** · 03-10-20, 09:17 AM

Originally posted by Sanity Check

You don't read these threads enough to know I called tesla a buy when it was priced under $300.

No one that posts here is anywhere as accurate as I've been, over time.

Empty words from you.

Dude you are full of shit.mac gave nvda when it was 40. Also homey,bacon,Mike and I have given out winners.

**PAULYPOKER** · 03-10-20, 09:28 AM

Same as Sportsbetting......

You need a huge Bankroll(I'm talkin hundreds of Millions)...

If not,just stay on the porch wit the rest of the pups and ride the storm out.......

**Shafted69** · 03-10-20, 09:54 AM

rally fizzled. Drumpf bashing the fed again. he wants more crack pumped into the markets.

**Otters27** · 03-10-20, 10:33 AM

Dow in red now