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Discussion in 'Off-Topic' started by mtowncyclone13, Jan 3, 2020.
Did something happen? Pretty sharp downturn.
Trump announced he was going to speak on China or something.
Ya, I’m glad to hear somebody else say this.
They’ve been really throwing me off since this whole covid market. It’s been tough and a pain for me to get a handle on them. I’m basically just ignoring them for now. Just so much going on in every direction.
Anybody who invested in DKNG a few weeks ago has now doubled their money.
I should've put more money in...
Amazing, especially for a stock that didn't really IPO. It did some weird reverse takeover. I think this may be a buy the rumor and sell the news, when sports do get going.
wish I had put more in. Not enough dabble on my part
Had some luck with Teladoc (TDOC) and the Trade Desk (TTD).
Helped offset a bit of an ass kicking on Boeing and Store Capital.
Store was good until it wasn't. Boeing was a China trade play that went wrong when Boeing dirt started to pile up after the MAX issues.
anyone notice how DKNG has been doing?
So..........when do I exit this crazy train. Wondering if I should start dumping a decent portion (this was a short term, excess cash play that needs to be finished by end of July). Thinking about dumping everything but the airline stuff I have, kinda where my profit would be and see if those loser stocks can bound back and make some bank. I feel I still have some value stocks in there and it is paining me to pull the plug on them.
TWLO & SHOP been selling off the last month. I am down to 50% of the shares i had a month ago. More cash for the next crash or buy BRK.B or SPY or JKHY. I think of those three as very solid.
TTD is a hell of a stock!
I know I should grab more profits than I have, but this thing is getting crazy. Almost nervous that it will just keep going up.
Wow, we are just starting a depression, and we are back the level of June of 2019. I am not a bull right now. Earnings calls in July/Aug are going to be brutal. This is the most overbought market I have ever seen. GDP for Q2 is expected to fall 50% and some of the exchanges are breaking all time records.
Glad I bought back in in the low 20s, and I don't need this $$ for the next few years.
Making it rain on them (brian)hos
This month some time. 2-3 time period reactions (months in this case) are pretty common. It is crazy the Nasdaq is back to nearly all time highs. What's crazier is that junk stocks like bankrupt Hertz (going to zero soon) have a bid. And then the people buying into industries that are in trouble, banks, airlines, tourism is just wayyyy too optimistic.
I'm really tempted to dump some more money in and really start shorting some stocks.