Posted on 03/21/2020 1:02:06 PM PDT by Bon mots
(Excerpt) Read more at barrons.com ...
I believe the market is about to go back up.
There is now (evidently) an effective treatment.
I am not saying “buy”, but maybe.
Right here.
Consider the source and calm down. A blindfolded monkey throwing darts is more likely to be right.
I've more than doubled my retirement on this and am now playing with house money. This genie is not yet going back into the bottle.
Most people I know have sat and watched their portfolios collapse... except for a few politicians...
We are clearly in a bear market. A Black Swan - if you will; and this is an AntiFragile position. I got in at 12... this mess is far from over.
THIS IS NOT INVESTING ADVICE - just pointing out a potential opportunity if you have the stomach for it.
Insanely bad advice
Please, give us your educational and work related experience in finance and or econ?
Those leveraged Direxion portfolios and similar are full of fees, spreads, and derivatives where the net asset value is always falling, and the promise of the returns are mitigated by the hour from those expenses. They shouldn’t be legal.
So did Rod Rosenstein’s SISTER!!
Any suggestion on TIPS? Still too early to jump back in?
My concern is unemployment. It think it will take years to get back those jobs.
Excellent Advise
I can handle 1 or 2 quarters for divs and interest to reinvest at the bottomed out prices.
Too bad China is making most masks and we are in severe shortage.
I always hate when people post articles I can’t read behind a subscription fire wall and don’t give us any summary of what it says. What is the point?
I couldn’t predict a bottom in 2009. I can’t predict one now. It is 2008 all over again. If you went through that, your lesson should be not to even think about predicting a bottom, how long it will take to get to the next bull, or what the next bull will look like. All you can do is buy the dips and pray.
In 2009, everything about the markets said that after the S&P fell from 1600 to 800, it should have gone up to around 1200 and rolled over. Instead, it shot straight up without any serious pause because the Fed printed around trillions of dollarws to pump up the market. While you were making money in the market, your kids were beings completely and totally screwed at the National Debt rose from $5 trillion then to nearly $25 trillion today. This crisis will accelerate the debt and 15 years from now, cound on at least $40 trillion National Debt. When that unwinds, it will make 1929 look like a milk run.
So, back to the bottom. The Fed Gov is so shameless at picking winners and losers with trillions of tax payer dollars, there is no telling where or when the stock market should bottom. I think it should bottom in the 1600-1800 range, unless government idiocy accidentally unleashes a deflationary depression, then it’s “Katie, bar the door”.
Meanwhile, Goldman Sachs and the other investment banks and the hedge fund managers, could be told tomorrow that the Fed Gov is going to print another $5 trillion post haste, and the bottom will be next week barely down from where we are now.
The little guys like us get creamed every time. So for those who just sold everything at a heavy loss from the top, good luck guessing the bottom. Just be sure that the Fed Gov is going to pring massively once again and prop this market up to the moon much sooner than later.
I am going to average back into the market over the next six months or so. I won’t make a killing, but I won’t completely miss the opportunity either. I learned my lesson from 2008. Nobody can guess a bottom, ever. It is beyond futile. And you can’t use fundamental analysis either, since the Fed Gov has turned the markets into their own fixed casino. All you can do is buy the deep dips and patiently wait to sell after the market ramps up.
Buy low and sell high. Trying to buy lowest and sell highest is beyong futile.
Our government sucks. Goverment of the rich and greedy, by the rich and greedy, and for the rich and greedy.
But I’m not really complaining. We still have it better than every other nation on the fact of the earth. What government on earth is not by and for the elite overlords who control their populaces? Our government tends to throw us a littl bigger bone than most do, so how can I complain.
Jesus has blessed me with his good fortune and I am humbly grateful for all I have from enough money, to a roof over my head, a full stomach, and safety from most harm. I am blessed. I do not take that for granted but am humbly grateful to Christ for that.
Jesus is my Lord and Savior, and I never forget that. Whatever he has planned for me, I welcome it. At the same time, “the Lord helps those who help themselves,” per Dr. Benjamin Franklin.
LOL. I kept telling myself that about EK. It was a sentimental buy - good American company. Made a lot early on, but later on right before they declared bankruptcy I bailed. Didn't lose my shirt but it was sad to watch them become largely irrelevant.
It’s not as straight-forward as that.
You lose some of your base investment every day, so you need to make it really count.
Those that tell dont know, those that know dont tell !
Post your theory at a Morningstar Forum and be prepared to get hammered
In addition to most other things we desperately need right now.
Financial terrorists have used shorting to make a ton of money to the detriment of the US economy. Some of them don't even seem interested in the money, they just want to crash the market.
Allowing them to continue is just stupid.
“Clickbait.”
“Five things you need to know about the ten best stocks to buy in this market!”
Seriously. And dictator governors at that.
All of the girly men candy asses need to cowboy up or transfer to DU.
I HATE the way they are insulting my President.
As if President Trump is such a weak kneed, incompetent imbecile that he would allow our economy to tank.
Spreading more disinformation, fomenting more panic and hysteria is beneath anyone who dares to call him or herself a conservative.
So, either gleefully grab up stocks on the dips or STFU.
i am seriously considering cashing out entirely, to preserve what investment capital i have left. something is better than nothing.
Because this is not a downturn based on a breakdown of economic fundamentals the recovery will be both strong and rapid as soon as news comes out of a way to mitigate the spread of the virus and alleviate its symptoms.
This is being worked on all over the world at this time but even better we have two tested medications which have already shown to be successful in treating this China Virus.
Both Chloroquine and Hydroxychloroquine are thought to interfere with the corona viruses ability to replicate.
https://www.livescience.com/chloroquine-coronavirus-treatment.html
https://virologyj.biomedcentral.com/articles/10.1186/1743-422X-2-69
These tested proven medications are right now being used to treat Chinese Virus patients in NY and the results will be used to hasten the completion of the study now ongoing to determine the efficacy of this treatment. It has already been reported to be successful on multiple occasions and is now available to be prescribed by Drs “off label” if their patients request it and the Dr agrees.
“Keep in mind that within 7 months of the’29 crash the market had regained 80 percent of it’s pre crash value”
that’s for that bit of information ... i personally think there are amazing bargains to be had right now, babies thrown out with the bathwater; example: RDSB/A selling below its 26 year low, and a little over 1/4 of its 26 year high and with a trailing dividend yield ...
i also suspect that as high throughput testing gets underway, we’re probably going to see that hundreds of thousands of us are walking around with covid-19, and therefore medical authorities will be able to determine the true mortality and hospitalization rates ...
assuing we find out that there’s not going to be a “surge” that will overwhelm our medical system and that it’s pointless to quarantine most people anymore because way too many cats are out of the bag anyway, we can stop all of this nonsense and get back to the business of business ...
it dawned on me thsat the above MIGHT be what President Trump is really thinking when he keeps saying “we’ll see what happens in 14-15 days” and “the economy will come back very quickly” ...
IF the above is true, then the stock market will indeed explode almost overnight in a couple of weeks or so, so now (or very soon) would be the time to buy back into the market in a once in a lifetime opportunity for those with brave enough to do so ...
93% of those who show up for testing who think they have the virus don’t. Now we can all fall under this hypochondriac syndrome-it just shows the power of advertising or media-repeat something enough and perception becomes reality.
Now there is a home testing kit available for these mentally ill hypochondriacs:
At-home coronavirus tests now available, companies say (Fox News)
As coronavirus testing in the U.S. continues to lag behind that in other highly affected countries such as South Korea, several domestic startups are reportedly launching the first at-home tests.
The products have been greenlit by the U.S. Food and Drug Administration under new expedited guidelines to help combat the virus, according to Stat, a health care industry news outlet.
One such test provider is Nurx, a San Francisco-based company best known for home testing products for sexually transmitted infections and birth control, now offers testing kits for COVID-19 through the mail for $181 after prospective customers fill out an online form with their symptoms.
“We don’t look for the severity of symptoms, only the presence of them. They can range from mild to severe,” Nurx spokeswoman Allison Hoffman told SFGate.com. “But, people with truly severe symptoms should also seek immediate care. … In terms of temperature in particular, we determine a fever is 100.4 [degrees] plus.”
After filling out the online survey, Nurx will determine if testing is necessary based on the person’s symptoms and will mail the test via expedited shipping.
Nurx can give customers lab results within 48 hours of receiving the test, SFGate reported.
“We are pivoting from our prior service lines to make this available,” Chris Hall, senior clinical adviser for Nurx, told Stat. “It’s a heavy lift, but we think it’s important.”
nurx@nurxapp
Today we are introducing the first #COVID19 home testing and online consultation service. We’re eager to safely connect people with certain symptoms and risk factors with testing and medical care.
COVID-19 At Home Test Kit - Nurx ™
Nurx and its longstanding home testing lab partner, Molecular Testing Labs, are launching telehealth consultations and home testing for people who may have been exposed to COVID-19.
nurx.com
By Friday evening, Nurx’s website said it had hit capacity and would reopen Saturday morning.
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