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I would love to hear anyone's reasoning on NOT buying GILD right now Any reason at all to do something other than Buy lots and lots of GILD as soon as possible
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# ? Mar 12, 2020 00:28 |
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# ? May 17, 2024 14:58 |
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Save that money and buy GILD calls
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# ? Mar 12, 2020 00:31 |
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I guess it's moderately pricey right now so you might be able to make more money long run by buying cheaper stuff? Maybe? I dunno. Theres always the possibility that remdesivir doesn't work, though I think there's a pretty good chance that it does.
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# ? Mar 12, 2020 00:34 |
Cheesemaster200 posted:Based on what? Where are these numbers all coming from? What determines a prediction of 40% versus 30% versus 20% drop in the market? CNBC is already flush with people pulling numbers out of their rear end so they can get their name on television and feed off the fear. However where do their predictions come from? Because we're looking at a complete quarantine of large parts of the country in 1-2 weeks. Markets aren't going to like that
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# ? Mar 12, 2020 00:35 |
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GoGoGadgetChris posted:I would love to hear anyone's reasoning on NOT buying GILD right now Buy. Should run up to 80 or more before April trial results.
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# ? Mar 12, 2020 00:37 |
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GoGoGadgetChris posted:I would love to hear anyone's reasoning on NOT buying GILD right now Because I already bought it in the 50s and 60s Have been sitting most of this out but bought sept $126 puts on LQD for 6.50 and I am ready for A Happening
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# ? Mar 12, 2020 00:41 |
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GoGoGadgetChris posted:I would love to hear anyone's reasoning on NOT buying GILD right now Everyone except the US nationalizes their product, and we are too loving broke to buy it after everyone loses their jobs/health care and savings. Also might prove to be ineffective. Anyone got a recent report on how it's been doing? Most recent I see is a highly scientific "might be 50-50 it works".
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# ? Mar 12, 2020 00:42 |
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Baddog posted:Most recent I see is a highly scientific "might be 50-50 it works". Best odds I've had in years. Selling SP500 index shares and buying GILD sounds like the smart move right now.
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# ? Mar 12, 2020 00:44 |
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Sepist posted:With volatility so high, the /ES has this easy trading signal. If the 5 minute chart stochastic dip diverges from the chart dip, you can play it for 10/20 point profit:
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# ? Mar 12, 2020 00:49 |
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Not surprising at the ramp up at the end as usual. Would have preferred it just to flush to get better buying opportunities but looks like we will keep chopping.
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# ? Mar 12, 2020 00:51 |
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GoGoGadgetChris posted:No idea!! I just get a kick out of talking to him because he's THE wealth management guy for a handful of $100M+ net worth individuals and always sounds so gosh darn confident Also his recs: - Go deep & long on BA, DIS, UAL - Buy CCL immediately and sell for 125% once the opportunity arises from a bounce in the next 12 months - MSFT and GOOGL are good buys now too but index investors already have enough exposure GoGoGadgetChris fucked around with this message at 00:57 on Mar 12, 2020 |
# ? Mar 12, 2020 00:53 |
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My brother bought Teladoc on my advice sometime in December last year. As of today he is up 60% while the market is in bear market lol. What a lucky bastard. He doesn't own many other equities other than gold miners so his performance has been ridiculous on his investment portfolio.
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# ? Mar 12, 2020 00:57 |
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GoGoGadgetChris posted:Also his recs: Once this thing turns into a recession, I'm really thinking about buying MSFT.
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# ? Mar 12, 2020 01:06 |
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Ulio posted:My brother bought Teladoc on my advice sometime in December last year. As of today he is up 60% while the market is in bear market lol. What a lucky bastard. He doesn't own many other equities other than gold miners so his performance has been ridiculous on his investment portfolio. its me, your brother more tips please
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# ? Mar 12, 2020 01:15 |
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If you buy something like UAL right now, you are buying it above where it was 3 years ago. I am not saying dont buy, im just keeping perspective on where some of these equities have moved during the trump boom. Airlines have gone nuts the past few years while capacity has outgrown demand, now corona and who knows how low it can go - it was $5 in 2009 Will dems win the white house and successfully roll back trumps tax cuts? That possibility needs to be priced in as well, i think the market is trying to price in a lot of things related to the oncoming hangover from the trump gluttony. Only thing that looks genuinely cheaply priced so far is energy and maybe even BA soon, but if order cancellations start rolling in on BA it could g et back to double digits
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# ? Mar 12, 2020 01:21 |
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Josh Lyman posted:I've been trying to trade /ES on these exactly 10-20 points swings the last 2 days and I've been getting my rear end handed to me. Can you explain a little more? 1. Load /ES 2. Load the StochasticsFull (if you're using ThinkOrSwim) 3. Wait for this kind of signal: Essentially, you're looking at two dips. The second chart dip is lower than the first chart dip, HOWEVER, on the StochasticsFull, the second dip is HIGHER on the oscillator, indicating a weak trend. It almost always goes up for 10-20 points when the market is open. Try trading it with play money or a /MES contract to validate. Happens a few times during the day. Edit: This is known as divergence trading, normally it's kind of meh but with volatility so high it's excellent Sepist fucked around with this message at 01:37 on Mar 12, 2020 |
# ? Mar 12, 2020 01:33 |
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Ulio posted:My brother bought Teladoc on my advice sometime in December last year. As of today he is up 60% while the market is in bear market lol. What a lucky bastard. He doesn't own many other equities other than gold miners so his performance has been ridiculous on his investment portfolio. Randomly bought Teladoc in my robinhood gambling account and somehow still up 132% in the last year!
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# ? Mar 12, 2020 01:40 |
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Tatsuta Age posted:its me, your brother more tips please ALL IN ON BITCOIN BABY!
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# ? Mar 12, 2020 01:44 |
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Welp, Gold has been a pretty lovely "Safe Haven" so far. It's saving grace is that it has dropped less than everything else I guess..
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# ? Mar 12, 2020 01:48 |
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Trump is about to announce the Corona Trade Deal (Phase 1), the markets about the be juiced
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# ? Mar 12, 2020 01:55 |
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Shammypants posted:Trump is about to announce the Corona Trade Deal (Phase 1), the markets about the be juiced
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# ? Mar 12, 2020 02:01 |
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Number doesn't like Europe travel ban *Realtalk this is actually the most common sense Trump has spoken* Number likes loans? Number likes relief.txt?.Nope
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# ? Mar 12, 2020 02:11 |
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Yikes. So his plan is to try and get money to rich people who need it in these hard times. I guess some investors will get a boner over that
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# ? Mar 12, 2020 02:11 |
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Futures selling off hard on Trumps comments. Back to today's lows.
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# ? Mar 12, 2020 02:12 |
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Financial security for people who are ill with or caring for someone ill with coronavirus OK cool but they literally don't test for it in my state so....
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# ? Mar 12, 2020 02:12 |
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I’m sure some rich people’s attorneys will help them defer tax payments and get sweet loans don’t worry
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# ? Mar 12, 2020 02:14 |
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If we open below 270 on SPY tomorrow I am guessing lots of stop losses will be triggered. Still market could rally by morning but this could get nasty if we stay in this range.
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# ? Mar 12, 2020 02:15 |
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"Stay home!" "Relief will come through payroll taxes. Work hard!"
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# ? Mar 12, 2020 02:15 |
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jesus good news for number? maybe bad news for number? holy gently caress
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# ? Mar 12, 2020 02:17 |
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TITANKISSER69 posted:So my roommate told me last night that his company (or I assume his company's parent company) is going to be manufacturing COVID testing kits. Good time to get in on the ground floor? Fugeddaboutit. Subsidiary company is doing the mfg and they're 4% of the parent company. Apparently Pence told the CEO to shut up on a phone call on Monday.
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# ? Mar 12, 2020 02:19 |
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Josh Lyman posted:Apparently Trump is thinking of blocking travel from Europe/Italy and have 4-6 weeks of unemployment insurance. You idiot!
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# ? Mar 12, 2020 02:25 |
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Tom Hanks got the roni, now poo poo is gonna get real
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# ? Mar 12, 2020 02:30 |
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Sepist posted:Essentially, you're looking at two dips. The second chart dip is lower than the first chart dip, HOWEVER, on the StochasticsFull, the second dip is HIGHER on the oscillator, indicating a weak trend. It almost always goes up for 10-20 points when the market is open.
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# ? Mar 12, 2020 02:31 |
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December 2018 on deck
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# ? Mar 12, 2020 02:34 |
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Josh Lyman posted:Why didn’t I go short before he started talking gently caress. Wish I shorted all airlines. God damnit.
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# ? Mar 12, 2020 02:37 |
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Josh Lyman posted:If I understand correctly, does the yellow arrow point to a buy signal? No, stochastics doesnt have two dips in that picture
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# ? Mar 12, 2020 02:37 |
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GoGoGadgetChris posted:Financial security for people who are ill with or caring for someone ill with coronavirus Had a family member ask me how many people in my county have tested positive and I'm like...well 0 but I don't think they are testing so welp.
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# ? Mar 12, 2020 02:41 |
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Lol AND there goes the basketball season. Definitely gonna be a nosedive tomorrow
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# ? Mar 12, 2020 02:44 |
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hell, there's a dive tonight. Down 3.5% at the moment.
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# ? Mar 12, 2020 02:46 |
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# ? May 17, 2024 14:58 |
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We are doing an economy very strongly.
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# ? Mar 12, 2020 02:47 |