we use this line at home often.
The two REIT's (cdr.prc and nrz-b) I have have both gotten murdered in the last six since I bought them to the tune of 20-45%, as has gold. At this point though, I'm going to have to hold for the long term. What scares me is how low we're going after this relief rally fades.Completely IMO, but I'd hold bonds, gold, and REITs in non-taxable accounts if you can swing it.
Ouch.
BIL, ICSH, GVI.The two REIT's (cdr.prc and nrz-b) I have have both gotten murdered in the last six since I bought them to the tune of 20-45%, as has gold. At this point though, I'm going to have to hold for the long term. What scares me is how low we're going after this relief rally fades.
I don't know #### about bonds, any in particular you'd recommend for holding over the next couple of years? I'm looking for safety, not high risk/reward.
Educate me on SHOP - actually been considering some May/June expiration puts on them. Less than half their revenue comes from subscriptions and if lockdown picks up can’t imagine Small and Mid-size biz’s will do very well.DIS as well, though I've already dipped my toe in that water. It might see spots well below 90, but I'm happy to have it there.
It’s a small drug company and penny stock (now trading around 1$) that @chet turned us all on too. They have a specific drug treatment that looks very promising across HIV, multiple cancers and now possibly COVID-19. It’s a gamble but one with lots of upside if it hits.Apologies as I'm sure this has been covered but I can't find it, but why are people in here so bullish on cydy?
Thanks, those are low % returns, but I'm just looking for safety at this point. Happy to miss some of the rebound in order to not catch the falling knife. Wish I had Vanguard instead of Merril Edge right now, would jump into some VCLT.BIL, ICSH, GVI.
I do think we should probably put it into perspective on what a gamble it is though.It’s a small drug company and penny stock (now trading around 1$) that @chet turned us all on too. They have a specific drug treatment that looks very promising across HIV, multiple cancers and now possibly COVID-19. It’s a gamble but one with lots of upside if it hits.
No doubt that is all true, but isn’t it true for basically any stock, especially penny stocks. Anybody putting their money in the market on a specific stock should probably heed the advice in your post. It’s all gambling.I do think we should probably put it into perspective on what a gamble it is though.
My knowledge of this industry is pretty minimal so take that for what its worth but there are a large number of businesses like CYDY that never get anything to market.
This is still a longshot to hit. While I admire Chet's confidence and willingness to put his rep on the line, definitely need to stay a little grounded. Chet's posts about adding all the time don't exactly spell grounded to me but I've also dabbled into it. I don't bet favorites when I go to the track and this seems akin to throwing some dollars on a horse at longer odds to win.
Which would you consider the best bet of DAL, UAL and LUV?Lots of airline bailout talk...could be worth taking a crack at this week.
This has been a long term holding in one of my IRA's. It's a good one to have even regardless of the kits, IMO, if you plan on holding for years. They do grow a lot by buyouts but they usually pan out. They also grow their dividend even though the yield is low due to consistent price increase, so it's a good one to accumulate now and live off later.Would purchasing stock Thermo Fisher Scientific Inc (TMO) be a solid move?
In the news right now for producing 5M test kits to test for COVID-19, and recently acquired Qiagen for $11B - the benefits include clinical diagnostics and life science research support businesses. Revenue this year will take a hit with the virus; very much in the news with Trump's team working with them on the new testing kits.
Currently at $295.00 a share, were as high as $342.00
Friggin socialists.Lots of airline bailout talk...could be worth taking a crack at this week.
Don't use Robinhood...they've had serious technical difficulties for a few weeks now.What's the best investing app? Looking for free trades of course.
Robinhood seems to not have any of the stuff I look for.
Unless bailouts, loans, and government stimulus can run the country for a long time, I cant imagine the total market isnt down another 20% in the coming months.So what's the feeling for Monday and next week? I'm of the belief were not close to a bottom, but I'm a bear and have been almost totally in cash for about a year now.
What does this mean?This market is oversold. Even assuming 15% reduction in 2020 S&P 500 earnings you have a future PE ratio of 16 right now. Considering the 10 year Treasury is under 1% and stocks look very cheap.
Think the market bottoms between 1900-2100, atleast that's how im playing it. I don't expect or care about catching the exact bottom though. Every 10% drop im adding another 20%. Cost basis right now is an SP500 of 2700 with 60% invested 40% cash. 20% more goes in at around 2200 and the last 20% around 1900. Price points so far have been 2950,2700,2480.So what's the feeling for Monday and next week? I'm of the belief were not close to a bottom, but I'm a bear and have been almost totally in cash for about a year now.
I don't agreeThis market is oversold. Even assuming 15% reduction in 2020 S&P 500 earnings you have a future PE ratio of 16 right now. Considering the 10 year Treasury is under 1% and stocks look very cheap.
On the day or the week?Markets will like stimulus agreement. Absent an emotional trigger, up 2%.
I like your style, dude.Day. Who the #### knows on the week. Up 3,000 or down 10,000.![]()
That’s about what I was expectingWeekend Wall Street at ig.com says we open up -5% on Monday as of now, but long way to go until Monday 9:30 am.
It's a measure of put/call spread of very short term options on the major indexes vs the previous close as the 'strike'.Again novice here so sorry for stupid questions.
How does this "futures" thing work? I am used to the trading times being open in the morning then over at 4pm, with nothing on weekends. So what is this middle of the night activity, for example with the S&P? On spfutures.org right now it shows activity today.
Is that all other countries buying and selling?
Yup.Real concerns about Italy banks failing and causing a worldwide recession.
This is not priced into the market IMHO.
Fidelity is $0 commissions now.Don't use Robinhood...they've had serious technical difficulties for a few weeks now.
I use Merril which is directly linked to my banking accounts. I get 20 free trades a month.(or something like that)
I also have a Fidelity account, but don't use it much...because I have to pay for the trades.
At this point there are only 156,400 confirmed cases world wide. Even if that number is 1/10 of the actual cases that would "only" be 1.5M actual cases world wide. How do you get to 1M American deaths?The math indicates that about 1M Americans will die from this thing over the next year.
For starters, I think it's safe to say this thing might spread a little more.At this point there are only 156,400 confirmed cases world wide. Even if that number is 1/10 of the actual cases that would "only" be 1.5M actual cases world wide. How do you get to 1M American deaths?
https://gisanddata.maps.arcgis.com/apps/opsdashboard/index.html?fbclid=IwAR31SziNf-1CYru3ZDsq3CTDweyWm4ctxcIZRbsFmtPPGQ_8O0JbDdifGT0#/bda7594740fd40299423467b48e9ecf6
https://www.worldometers.info/coronavirus/
I love the change of heart on socialists when it comes to giving to companies. You almost never see the same people against giving to citizens yell about bailing out companies. All the free market stuff dies. I have zero respect for that stance.The General said:
After being introduced to CYDY in this thread, I did my own research, and found what I believe are several red flags on investing in this company. I have 25 years of drug development experience and some specific insight on ongoing research on a couple of the indications proposed for CYDYs drug.Apologies as I'm sure this has been covered but I can't find it, but why are people in here so bullish on cydy?
I think earnings are going to be down much more than that. I'd go 25%+Sneegor said:This market is oversold. Even assuming 15% reduction in 2020 S&P 500 earnings you have a future PE ratio of 16 right now. Considering the 10 year Treasury is under 1% and stocks look very cheap.
We are already there. This puts us in recession. When we get out of this, a year or 2 they will announce the start date of recession and it will be dated march 2020.On average in a recession earnings fall 15%, that is why I used that number. We don't even know if we will go into a recession.
Infections are growing at 33% daily. We realistically currently have 75,000 infected in the US. Beginning of April we're looking at ~5M infected and, assuming 1% mortality, we're looking at 50k terminal patients in 2 weeks.The Lost One said:Was thinking along similar lines. I was like 1 million deaths!! Maybe total cases and that's still high. But deaths maybe 50-60k? Slightly more?
Most of us would bet that we are and will be in a recession.No, we won't know if we are in a recession until GDP numbers come out later this year.
You do realize that every time there is a recession, people say 'we are not in recession', only to find out at a later date, the recession was already on. It's always like that. You rarely see it coming. I see it's already here. You don't but that's ok, you'll find out soon.No, we won't know if we are in a recession until GDP numbers come out later this year.
I think the question is now between recession and depression.Most of us would bet that we are and will be in a recession.
Agreed...how severe will this recession be.I think the question is now between recession and depression.
Relatively speaking, that's short term stuff. 15%. 25%. Whatever.I think earnings are going to be down much more than that. I'd go 25%+