One big question mark out there is the various Covid strains. Will the vaccines have any effect on them, if not, it could slam the market.
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2021 Stock Market
- Thread starter SoapyCy
- Start date
Could see a little impact but nothing like last March. Pfizer is still doing some testing on the new strains but they feel based on past testing that it will handle the new strains.
Agreed it won’t be like last March, but most likely we will be in a current level of shut down or slightly worse, which would cut a large part of the excitement out of the market.
Agree. If Biden does a massive shutdown all bets are off and the market will be in tailspin.
Various states and cities have different levels. Some have in store dining shut down still, some have kept their bars closed or limited them to 25% capacity which is equivalent to being shut down since they can’t generate enough revenue. In Iowa we don’t have as much, Minnesota has far greater restrictions.
Then it comes down to enforcement. Unfortunately the mask issue was weaponized early on.
I see this as a race to get the vaccine out. I believe America can win that race if (and only if) people will actually take it.
Americans are proving to be a wild bunch. That could blow up the economy. I'm betting it wont.
I'm risk on. Added a Korean manufacturing ETF, increased small cap exposure, and bought a clean energy ETF. (Still holding the XLE in the short term)
I could be wrong. That's what makes a market
What is everyone's thoughts on REITs right now? For example $MITT or $IVR who were trading at 5x their current value prior to COVID; do the hotels and commercial properties have enough reserves to make it through this? If so there is a ton of opportunity
I suggest TD ameritrade. The thinkorswim platform is very powerful. Best of all, it is FRREEEEE
IVR sold off a lot of assets to survive COVID. As a mortgage REIT, the current rates aren't great for them either. I have a small holding and trade out of the money covered calls on it for a little return. Somewhat of a risky stock, IMO, but long term potential is there.
I think they are a good play, but hold off on making large plays until after the 28th. Right now weed prices are trending up on emotional buying only. There is no legislation that is dictating this rise. As laws come out and change you'll really want to look into who the legislation is benefiting, large scale corporations or the small weed corporations. I expect some larger company to step in at some point in the very near future. A large company like say even Walgreens or target will solve every logistical issue a small corporation would have about how to try and grow their brand along with shipping issues.
Been following a guy for a bit and he has hit on two penny stocks in a row for me.
Got in on ZOM at .17 and got in on TSNP at .17. Both are doing really nicely for me at the moment and he keeps thinking there is still plenty of room to run. I've already pulled out my principal and letting the rest ride for now. Made some nice profits so far, but don't want to get too greedy.
Got in on ZOM at .17 and got in on TSNP at .17. Both are doing really nicely for me at the moment and he keeps thinking there is still plenty of room to run. I've already pulled out my principal and letting the rest ride for now. Made some nice profits so far, but don't want to get too greedy.
Anyone have thoughts on how to handle 529s this year? With where the market is at Im hesitant to fully fund them this month and thinking maybe doing it quarterly instead.
