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I've looked at past selloffs and recessions and that is correct. Really wild swings happen. Good day traders got to be loving it.
Yeah, I've been thinking about you over this. Sucks good buddy but never take a good profit for granted and take encouragement for having a good call on this.
How's that INO doing for ya?
I don't like being called a liar. #######, ########, arrogant any of those go right ahead, one thing I don't do is lie.
Yes, but all that has been true forever and not kept the price from being unreasonably high. What's to keep those same buyers from being unreasonable even among this? How do you rely on the price of a stock that's never been priced on fundamentals?
Their last earnings report is the nail in the coffin (have a detailed look at it, for a restaurant trading at that valuation, it's absolutely atrocious), especially facing a world where gatherings and restaurants won't be visited for some time. Also, if stocks fall and liquidity is needed, I'd expect selling of the garbage more so, garbage being SHAK.
They're a ####### #### show. You want to own a bank, pay up for best in class and just buy JPM.
Up 2% in my 401k fund that tracks the Bloomberg Barclays U.S. Aggregate Bond Index, but feel like I'm up 15% since I didn't take the big S&P Tracking fund hits. I have limited safe options so I have the whole damn thing sitting in that.
I’m mini-me. Bought 1000 more. You’re going for part ownership and seven figures. I’m hoping to pay off a car loan.
I got everything sitting in VALIC Company I Capital Conservation Fund (VCCCX). At one time I had it all in Vanguard Long-Term Treasury Fund Investor Shares (VUSTX). Man, if I had the balls to stay in that as this bond meltdown continued, I'd be up that exact same amount, for the year, after today.
Post itself would require more time & attention than I have, but would imagine "September BAC $18 puts" are going to see some volume tomorrow. Might buy some at the open just for kicks.
Long term, I like them. I own both. I wish I bought more ZM. Picked it up in the 60s. Still kicking myself for not grabbing more of a bunch of stocks in October. I would have had a double in TDOC. Even at 95 in January, I should have bought some. It’s almost harder to by something that you’ve already watched go up 50% but early in Amazon or Apple, etc. you just had to jump in.
Our company uses them and they've made some nice improvements over existing competitors like gotomeeting.
S&P is already pointing 3%ish lower at the open...be careful buying inverse at the open. Not to say its not going lower...just crazy volatility.
One other thing for those of you that are playing the market right now. Understand that you are playing fire. Lots of money can be made and lost in a minute in this sort of market. So consider your position sizes. 25% of your normal stake is probably the more than the equivalent to 100% in a normal market. We are literally seeing moves in a minute that would be huge in a day.
