Posted on 03/18/2020 10:10:04 PM PDT by Ceebass
DOW JONES FUTURES (I:DJI) 19,076.00 -905.00 (-4.74%)
NASDAQ FUTURES(I:COMPX) 6,979.00 -246.25 (-3.53%)
S&P 500 FUTURES (INX) 2,317.25 -96.75 (-4.18%)
(Excerpt) Read more at foxbusiness.com ...
No intrinsic value. Not worth $8k or $20k or even $4k which is just dipped below recently. Full disclosure: I am a HODLR.
No better answer. Palladium is way down for the same reason, anticipated lack of industrial demand. However, it is down from $2500 to $1500. But in 2016 it was in the $500's.
anyone have good ideas for an inflation hedge investment?
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Looks to me like everybody is moving out ofstocks, bonds, oil, and metals to cash
Or
“Lead & bread “
Me too. A chunk of my funds are tied up in fixed income, I'll have to call and see if I can transfer some. But as for my timing, I got stabbed by the falling knife a week ago.
Eventually, there will be a vaccine for this too. It will get under control in time. It’s not going to be forever.
Buy physical durable stuff—and take possession of it.
“Investment” may become a quaint term of days long gone...
The Fed is going to be spinning a thousand derivatives plates in the air at the same time to keep them from falling...
A lot of individual stock charts look absolutely insane.
Freaking little girls.
I don’t know.
Early today, there was a story about a treatment method, which to me sounds like it works, it also uses decades old technology, which is already approved, and is cheap.
This is big news, if true.
It sounds, like it is.
Thankfully, we just hit the halfway point on our path to 10,000 for the Dow. While I feel bad for people losing money, it wasn’t hard to see the storm coming and people did have a month to get their assets in safe places.
if the government really wants to help, what would be better than checks would be if the government worked with the banks and the credit card companies and suspended all interest on loans for the duration of the crisis, with the government paying the interest directly to the banks instead of mailing checks or having the average american try to apply for some money from the government.
Gold, silver, crypto (our mining machines are running), Exxon and a few other stocks. Buy buy buy....
Ever read up on the cost/benefit analysis Ford did on their Ford Pinto fire problem?
https://users.wfu.edu/palmitar/Law&Valuation/Papers/1999/Leggett-pinto.html
At some point a decision will have to be made regarding mortality rate vs continuity of our economy....
Gold and silver can be bought on the street from folks who need fiat currency. You just need something akin to a pawn shop. Something like those “We buy gold” places you see. I have an interest in one, we see people trying to buy gold and silver at market but we are not selling. Can’t. But buy? If it hits the fan we will be buying all that comes in the door.
I bought
Norwegian Cruises (NCLH)
Home Depot (HD)
Boeing - -
and some others.
Don’t be afraid to buy at these prices “on the way down.”
You do not know where the bottom will be but these are amazing deals.
“Silver was close to $19.00 an ounce on 02/24. It’s sitting at
$11.95 right now.”
Silver is looking very interesting now...
I think the market is steadying out. Wonder if 19900 is the new bottom.
Eventually, there will be a vaccine for this too. It will get under control in time. It’s not going to be forever.
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may be a safe cheap treatment already on the market?
chloroquine administered as Plaquenil.
used totreat malaria
been around for decades.
reportedly successful results in france, south korea & china
I like that idea. Is that a thing? I like re-instituting the uptick rule for shorting as well. The new rule does not work.
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