alias Posted April 16, 2020 Share Posted April 16, 2020 I was pondering Exxon (XOM) when it was at 31, and stupidly balked. It's now at 40, prolly not to see 31 again. Oil stocks are seeing a double whammy, and I think I missed my shot at the bottom. Have we seen the bottom of the market as a whole? I think...... not. Link to comment Share on other sites More sharing options...
Freee!! Posted April 16, 2020 Share Posted April 16, 2020 If I had the money for things like that, I'd go for flag carriers, most countries will do their utmost to prevent the collapse of those. Link to comment Share on other sites More sharing options...
Stillearly Posted April 16, 2020 Share Posted April 16, 2020 Once this is actually over and then when markets realise how much this has impacted the economies around the world .... then I might think about reinvesting , but I'm thinking at least six months , also I don't believe it will be V shaped , but very slow ... however I'm sure @RR007 will have a few recommendations foe us all ..... 😉 1 Link to comment Share on other sites More sharing options...
Esco Posted April 16, 2020 Share Posted April 16, 2020 You're a bit too late I'm afraid. I snapped up a few good deals 2 weeks ago e.g. Tesla that gained 40% in a fortnight, and even I was late. They may rally more still but be aware of Q1 results and 2020 forecasts coming out across the board these weeks as well as unemployment figures etc. Could go up could go down! 🙂 Link to comment Share on other sites More sharing options...
alias Posted April 16, 2020 Author Share Posted April 16, 2020 (edited) 2 hours ago, Esco said: You're a bit too late I'm afraid. I snapped up a few good deals 2 weeks ago e.g. Tesla that gained 40% in a fortnight, and even I was late. They may rally more still but be aware of Q1 results and 2020 forecasts coming out across the board these weeks as well as unemployment figures etc. Could go up could go down! 🙂 I may be late on an individual stock (see XOM), but I don't think the market as a whole has bottomed yet. Too much bad news on the way. Nice job on TSLA Edited April 16, 2020 by alias Link to comment Share on other sites More sharing options...
boydeste Posted April 16, 2020 Share Posted April 16, 2020 19 minutes ago, alias said: I may be late on an individual stock (see XOM), but I don't think the market as a whole has bottomed yet. Too much bad news on the way. Nice job on TSLA Personally I would hold on to ya money right now. 1 Link to comment Share on other sites More sharing options...
Sangsom Posted April 16, 2020 Share Posted April 16, 2020 Too late, wait and see what happens...... Link to comment Share on other sites More sharing options...
Yesitisdakid Posted April 16, 2020 Share Posted April 16, 2020 United Airlines Link to comment Share on other sites More sharing options...
fygjam Posted April 17, 2020 Share Posted April 17, 2020 1 Link to comment Share on other sites More sharing options...
alias Posted April 17, 2020 Author Share Posted April 17, 2020 1 hour ago, Yesitisdakid said: United Airlines Gotta have balls of steel to buy anything travel related right now. UAL is down by 2/3. YIKES 1 Link to comment Share on other sites More sharing options...
Skalliwag Posted April 17, 2020 Share Posted April 17, 2020 You’re a year early. Hoard cash and refresh this thread in 10 months. 3 Link to comment Share on other sites More sharing options...
KWA Posted April 17, 2020 Share Posted April 17, 2020 9 hours ago, Stillearly said: Once this is actually over and then when markets realise how much this has impacted the economies around the world .... then I might think about reinvesting , but I'm thinking at least six months , also I don't believe it will be V shaped , but very slow ... however I'm sure @RR007 will have a few recommendations foe us all ..... 😉 https://thailand-247.com/index.php?/topic/1458-share-tips/ Link to comment Share on other sites More sharing options...
Esco Posted April 17, 2020 Share Posted April 17, 2020 6 hours ago, alias said: I may be late on an individual stock (see XOM), but I don't think the market as a whole has bottomed yet. Too much bad news on the way. Nice job on TSLA That I tend to agree with, so it's a good time now to sell the stocks you've bought 3 weeks ago and wait for the next dip before buying again. These lockdowns keep getting extended here in Europe which is killing the economy. Let's hope the US will lead the way. Link to comment Share on other sites More sharing options...
Yesitisdakid Posted April 17, 2020 Share Posted April 17, 2020 4 hours ago, alias said: Gotta have balls of steel to buy anything travel related right now. UAL is down by 2/3. YIKES 32 down from a high of 95 Link to comment Share on other sites More sharing options...
roomark Posted April 17, 2020 Share Posted April 17, 2020 (edited) 11 hours ago, Stillearly said: however I'm sure @RR007 will have a few recommendations foe us all ..... 😉 FFS are you trying to bankrupt us all completely 🤣🤣🤣🤣 Edited April 17, 2020 by roomark 1 Link to comment Share on other sites More sharing options...
thegrogmonster Posted April 17, 2020 Share Posted April 17, 2020 2 minutes ago, roomark said: FFS are you trying to bankrupt us all completely 🤣🤣🤣🤣 Yes but RR007 offers personal guarantees so all should be good. I think he invested in the NightWish Group. Link to comment Share on other sites More sharing options...
roomark Posted April 17, 2020 Share Posted April 17, 2020 Just now, thegrogmonster said: Yes but RR007 offers personal guarantees so all should be good. I think he invested in the NightWish Group. He must have heard Mandrinks are the way forward lol 1 Link to comment Share on other sites More sharing options...
Steelers4Life Posted April 17, 2020 Share Posted April 17, 2020 1 Link to comment Share on other sites More sharing options...
Lemondropkid Posted April 17, 2020 Share Posted April 17, 2020 (edited) For myself sold a few shares last week to use up my capital gains tax allowance. The rest I'm more than happy with and will continue to hold. As a rule before jumping in I'd suggest if you are trying to market time, have a look at @Steelers4Life helpful gif, and only buy a stock that you want to hold for 5 years+/ and/or don't need the cash. My only forecast is we will continue to see huge volatility. Will we see a second shock, financial shock months down the line, as business defaults rise, possibly Sovereign states default. What will be the effect on the financial system, will be see another 2007/08 financial crises? Myself I've obviously no clue, no sticking with only buying into firms that I'm happy to hold for 5 years. Wouldn't touch an airline, some of them could go all the way down to zero .My abiding memory of 2007/08 was seeing banks with illusory accounting profits going bust, time to go with firms that have a real cash flow and low debt, and stick with them Edited April 17, 2020 by Lemondropkid 1 1 Link to comment Share on other sites More sharing options...
Homor Posted May 3, 2020 Share Posted May 3, 2020 On 4/16/2020 at 9:17 PM, Esco said: You're a bit too late I'm afraid. I snapped up a few good deals 2 weeks ago e.g. Tesla that gained 40% in a fortnight, and even I was late. They may rally more still but be aware of Q1 results and 2020 forecasts coming out across the board these weeks as well as unemployment figures etc. Could go up could go down! 🙂 Hope you cashed in on Tesla before last Friday. energy stocks are looking good now . Only way is up I think Link to comment Share on other sites More sharing options...
Esco Posted May 3, 2020 Share Posted May 3, 2020 3 hours ago, Homor said: Hope you cashed in on Tesla before last Friday. energy stocks are looking good now . Only way is up I think Yes I cashed in already a couple weeks ago on Tesla, ServiceNow and Splunk. They have all risen a few % more after I cashed out, apart from Tesla after Friday's tweet. As I told my mate yesterday, drugs and Twitter dont mix well and Musk is living proof of that lol. Cant say I agree with your last sentence though. The markets have recovered so strongly up to the point where I think the only way is down. It's as if fundamentals and key indicators are being ignored. Here's one for you. https://markets.businessinsider.com/amp/news/buffett-indicator-surges-record-high-signaling-potential-crash-2020-4-1029149296 Link to comment Share on other sites More sharing options...
Thai Spice Posted May 3, 2020 Share Posted May 3, 2020 On 4/17/2020 at 2:14 PM, Lemondropkid said: and only buy a stock that you want to hold for 5 years+/ and/or don't need the cash. At 67, I can't gamble on that ..... Hence I moved out of my winners, and now sit on the fence. But a good time for day trading for someone that want spend the day in front of his screen. Not me, the NYSE has a 12h difference with here..... Link to comment Share on other sites More sharing options...
forcebwithu Posted May 3, 2020 Share Posted May 3, 2020 I'm also at an age where I can no longer take a long term outlook on market investments. I missed the boat on divesting during the drop from the highs in mid-February, but did take advantage of the recent market recovery to unload almost all my investments last week. The one I still hold, and am reluctant to part with as it's been by far the best performer in my portfolio is VGT, Vanguard Information Technology ETF. I'm now of the mind to sell that as well as there's no longer much upside potential, but a large downside to holding. At some point I'll again start purchasing ETF's, but I'll wait until there are both good technical signals the market is in a true recovery, as well as positive economic news to support that recovery. 2 Link to comment Share on other sites More sharing options...
Thai Spice Posted May 3, 2020 Share Posted May 3, 2020 37 minutes ago, forcebwithu said: , but I'll wait until there are both good technical signals the market is in a true recovery, as well as positive economic news to support that recovery. It just takes a tweet from the Weatherman to render all technical and fundamental signs irrelevant ..... Wait till he starts again with China . Link to comment Share on other sites More sharing options...
Yesitisdakid Posted June 9, 2020 Share Posted June 9, 2020 United Airlines now at almost 49 a share Link to comment Share on other sites More sharing options...
Recommended Posts