What's new
Fantasy Football - Footballguys Forums

This is a sample guest message. Register a free account today to become a member! Once signed in, you'll be able to participate on this site by adding your own topics and posts, as well as connect with other members through your own private inbox!

Stock Thread (31 Viewers)

Trump is def gonna deliver a press conference tonight. Market is roaring, positive news from Gilead... He will be pushing this #### tonight!

I'm in at $83.75. Exit target is just under $88 (or $79.5).

 
Last edited by a moderator:
First time ever my CYDY has been upside down and in the red based on my cost basis
CYDY is really dragging my return down. 4 holdings, 1 up over 40%, 2 up over 12%, cydy down 1% (I was late to that party)

Yeah makes no sense.

If it's so future thinking then things would never go down
I wonder how much of this is people with money continuing to invest and investing more because their expenses have decreased. 
Apparently I bought CYDY at the peak.  Where is that chet???

 
V shaped recovery for unemployment?
Yes, but the bottom of the V is still 4-8 weeks out

I can't tell if this is satire or you are serious.  If the latter, seems pretty out of touch to me with the reality for a lot of people.
All kinds of unfilled  jobs right now. Unless a job is offering 70k plus your better off not working. Sons gf was furloughed and is getting a pay increase while her coworkers have to do her job and probably wish they got the furlough. Small business loan that doesn’t have to be paid back is a going to result in profits for any company able to keep any type of revenue flow going. 

Assuming most can return to work in May and June, this is going to be the end of the world. Note that I’m not speaking to the case of this falling apart in fall. I’m also not talking about the issues a year or two from now with all the new debt
What are you basing this off of?  Is it like peak deaths?

Im basing it off of "once we open up, the market will feel comfortable".  Im guessing we are like 2-3 weeks out.

 
What are you basing this off of?  Is it like peak deaths?

Im basing it off of "once we open up, the market will feel comfortable".  Im guessing we are like 2-3 weeks out.
End of $1000 a week unemployment benefits. 1099 employees are Starting to figure out they can dip into the kitty and maybe even do some side cash work

 
It seems to me that antiviral drugs studies should measure their effect on viral load.  I think GILD is playing a dangerous game here and it's unfortunate.  The truth will prevail.
I agree 100%, but sadly, from the top, it's about confidence, not efficacy. That's why I'm chasing a quick 5% return over the next week.

 
Last edited by a moderator:
I agree. I've done enough reading on Remdesivir to feel it's not a very viable resolution. It will help, but side effects are terrible and its efficacy still concerns me as well. @chet I have to imagine with your CYDY interest you've looked into Gilead as much as anyone, what's your take? 
I just posted above but I had a talk with a VERY informed MD this am and he made the comment about antivirals should be testing their effectiveness against the virus and not some statistician dreamed up patient score.  I obviously have a vested interest but it seems fishy to me.  

 
Plus, GILD won't treat any patients who are intubated.  Why is that?  I think I know but it's something they should address.  How objective are your tests when you're cherry picking your patients.

 
I just hit DKNG pretty hard.  Great branding and I think it pops as sports open up and also as states legalize gambling.   Probably more of a swing trade, but could be long.

 
I just hit DKNG pretty hard.  Great branding and I think it pops as sports open up and also as states legalize gambling.   Probably more of a swing trade, but could be long.
I was thinking of this the other day. With states looking for more tax revenue and people either not being allowed or not wanting to go to sporting events. I would think sports betting while at home watching TV seems like a logical step. I'm betting more states will open up to this.

 
What do you think of CEF? Other than physical I already had, this seems decent value. I don't want to pay current juice on physical
Thanks for this. Was looking for a way to invest in physical. Gundlach's concern over IAU worried me a bit. Still own some but as I add gold, don't want to deal with the headache of futures and possible settlement issues. 

 
I guess this is just where the market is. The people who think the economic activity is bad with people hurting to get unemployment checks think the government / Treasury will just continue to pump money in. Meanwhile, we have people thinking once we turn the economy back on, our unemployment is going to drop back to sub 5%. Then we have the fact that some are staying on unemployment because they can make more that way than working. The whole thing is a mess

I guess it's enough to be bullish. If you think it's a V-shaped recovery, well you're buying stocks 10-20% off and if you think things are catastrophic, well the Fed will just pump trillions in. It's a win-win. 
Damn right it is.

I don't think our economy is great or that it will instantly bounce back.  Just don't know what I'm looking at or trying to make sense of it.  Current markets and current economy data seem more far apart right now than ever.  Going back to January/February there were people talking about 10% market corrections and you could even argue 15% wouldn't be a total shocker because of how overbought some stocks were.  We're kind in that range with a correction so are we priced overall as if there is no economic or CV fears?  Did the Fed really buy enough confidence to do that?  Markets vs. economy isn't just apple & oranges here, sort of shifted into diamonds & turds with how separate they seem to be.  Maybe my biggest fear is that markets have become so artificial that they'll never be normal again.  Or I'm a fool for ever thinking they weren't artificial already.  Either way I'm a fool for trying to make sense of any of this and am just rambling on to enforce that more.  

 
Just watched the replay w/Fauci. He clearly stated there would be a trial with remdesivir AND a monoclonal antibody. Squeeze 'em tight, boys.

 
You gotta be freaking kidding. Buy Lowe's and HD before next earnings? I just turned around and left. Never seen it that packed.
Seriously.  I had to go at 7am local time just to not have a line to wait in out front.  It was still kinda busy inside.   Usually its a line of 20-30 people outside if you try to go midday.  I have done an "online order" and had to call them to check the status because it took 3 days to get picked.  They said the curbside orders have them swamped*.  Lowes is across the street (always) and they don't seem to have bouncers to limit the number of people in the store, so, no line.  But a friggin full parking lot last time I drove by.

I dipped my toe in a little HD before earnings.  I saw what I saw and the stock has recovered quite a bit from the drop...so...  fully expecting to lose money on this.   :shrug:

* if you aren't in a rush, this is a nice service.  You don't have to wander up 15 aisles to find the various components of a project.  I was worried because I had them pick a 4x8 sheet of 3/4 plywood and figured they would throw the crappy, broken edged sheet on my order.  Nope, it was perfect.  I of course, dinged it up in the garage, but..ya...

 
BA up 10% today :loco:   Just bought some October 16th puts.   2nd quarter numbers are going to be putrid and 2021 guidance will be a disaster.  

 
Dumb question, but what happens when the average Joes and Janes just stop paying their credit card bills?  I think I know the answer; that credit cards really have no recourse and have to write that bad debt off, which is why we're going to see cutbacks in limits.  But my god, I can't imagine all the food servers, baristas, bartenders who racked up heavy credit card debt before and after losing their jobs being able to make payments on that unsecured debt.  

 
Dumb question, but what happens when the average Joes and Janes just stop paying their credit card bills?  I think I know the answer; that credit cards really have no recourse and have to write that bad debt off, which is why we're going to see cutbacks in limits.  But my god, I can't imagine all the food servers, baristas, bartenders who racked up heavy credit card debt before and after losing their jobs being able to make payments on that unsecured debt.  
2-3% rally in the markets on the news.

 
Dumb question, but what happens when the average Joes and Janes just stop paying their credit card bills?  I think I know the answer; that credit cards really have no recourse and have to write that bad debt off, which is why we're going to see cutbacks in limits.  But my god, I can't imagine all the food servers, baristas, bartenders who racked up heavy credit card debt before and after losing their jobs being able to make payments on that unsecured debt.  
bank stocks take a hit

 
Last edited by a moderator:
Seriously.  I had to go at 7am local time just to not have a line to wait in out front.  It was still kinda busy inside.   Usually its a line of 20-30 people outside if you try to go midday.  I have done an "online order" and had to call them to check the status because it took 3 days to get picked.  They said the curbside orders have them swamped*.  Lowes is across the street (always) and they don't seem to have bouncers to limit the number of people in the store, so, no line.  But a friggin full parking lot last time I drove by.

I dipped my toe in a little HD before earnings.  I saw what I saw and the stock has recovered quite a bit from the drop...so...  fully expecting to lose money on this.   :shrug:

* if you aren't in a rush, this is a nice service.  You don't have to wander up 15 aisles to find the various components of a project.  I was worried because I had them pick a 4x8 sheet of 3/4 plywood and figured they would throw the crappy, broken edged sheet on my order.  Nope, it was perfect.  I of course, dinged it up in the garage, but..ya...
Menards is the king of the home improvement/construction supply stores in my area.  My neighbor does that for a living and says the store is busy at 6am.  Wish Menards was publicly traded. 

 
Spent more at Home Depot the last 4 days than I have in the last 4 years.  And yeah, all home improvement projects that I was procrastinating on but now have nothing but time (and boredom).  

 
BA up 10% today :loco:   Just bought some October 16th puts.   2nd quarter numbers are going to be putrid and 2021 guidance will be a disaster.  
These plays are so risky in this market.  There will probably be 15 other 10% days one way or the other between now and then.  You could be completely right about Q2 earnings/guidance but by then it could be 10% down from $200.

 
Spent more at Home Depot the last 4 days than I have in the last 4 years.  And yeah, all home improvement projects that I was procrastinating on but now have nothing but time (and boredom).  
Yep. We've done a ton in the house and yard. At this point we're looking for more stuff to do. 

 
Spent more at Home Depot the last 4 days than I have in the last 4 years.  And yeah, all home improvement projects that I was procrastinating on but now have nothing but time (and boredom).  
Same here.  Not just getting old projects done either, I'm adding projects to my list faster than the Fed can print money.  

 
Play seems almost too obvious.  Buy GILD tonight for the press conference.  Short or buy puts tomorrow.  Buy CYDY today or in the morning while it is down from the GILD news.

Too obvious means it probably won't happen, but F it I am going to play it that way anyhow.

 
Biotech reminds me of the roulette wheel. Puts chips on a bunch of BIO stocks and hope they hit at the same time hope one doesn't announce a failure of it trials.

 
They really do, I'm just so bad a biotech that I'm chasing $88 here. 
I bought some calls earlier in the week since this data was expected to come out and seemed like they already knew it'd be positive so figured it'd be a nice hedge. I'm just afraid the biotech folks actually don't like the data, take GILD down but the market just reads the headline. 

 

Users who are viewing this thread

Back
Top