Talking stocks, trading, and investing in general

[gettoasty]

The longest bull market in history, the biggest. And how quickly it fell, and fall it did, hard.

 

[RedLantern]

My wife and I are sitting on (for us) a large amount of cash after selling our house in Seattle last summer and moving to a less expensive suburb. Thankfully, we dragged our feet a little with getting our **** together and investing the money, so now I'm not feeling so bad.

 

[dhoff10]

The Center for Disease Contagion actually prevented states from testing for the coronavirus because they wanted everyone to use their specific kits (which added tests for non related diseases) which didn't work.

www.propublica.org/article/cdc-coronavirus-covid-19-test/amp

 

[venividivicibj]

Down 9.6% ytd. (tilt small cap + sizable position in international)

 

[jbarwick]

My wife and I are sitting on (for us) a large amount of cash after selling our house in Seattle last summer and moving to a less expensive suburb. Thankfully, we dragged our feet a little with getting our **** together and investing the money, so now I'm not feeling so bad.

We are down to last summer prices so it is your lucky day!

 

[patrickBOOTH]

I didn't go to work Friday therefore have no idea what happened in the world since last Thursday. What did I miss?

 

[Omega Male]

Nothing much.

 

[brokencycle]

Look at the market rally today.

 

[Piobaire]

Dead cat bounce?

 

[Omega Male]

Huh.

 

[imatlas]

This seems like a great time to short airline stocks. Our 50,000 person company just eliminated “cross border travel and any non-essential domestic travel” for at least a month.

 

[lawyerdad]

I didn't go to work Friday therefore have no idea what happened in the world since last Thursday. What did I miss?

Flavor Flav got fired.

 

[javyn]

Dead cat bounce?

Probably. We'll find out soon enough.

 

[lawyerdad]

This seems like a great time to short airline stocks. Our 50,000 person company just eliminated “cross border travel and any non-essential domestic travel” for at least a month.

Maybe, but what's happened to them over the last week or so? My question with airline stocks, as well as cruise lines, hotels and other travel-dependent stocks would be the extent the downside risk has already been priced in.

They seem to be down today despite the leap in the overall market, and a couple of random data points I looked at (UAL, CCL) were down a bit today and are trading just above their 52-week lows, for whatever that's worth.

 

[brokencycle]

Maybe, but what's happened to them over the last week or so? My question with airline stocks, as well as cruise lines, hotels and other travel-dependent stocks would be the extent the downside risk has already been priced in.

They seem to be down today despite the leap in the overall market, and a couple of random data points I looked at (UAL, CCL) were down a bit today and are trading just above their 52-week lows, for whatever that's worth.

So what you're saying is: they could go up or down?