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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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.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.
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.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.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.
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.What is shut down?
Agree. If Biden does a massive shutdown all bets are off and the market will be in tailspin.
If they declare a state of emergency, yes.Can a massive shut down be mandated at the Federal level?
If they declare a state of emergency, yes.
I suggest TD ameritrade. The thinkorswim platform is very powerful. Best of all, it is FRREEEEEI started doing some amateur investing a couple years ago with Robinhood, but as my account has grown I'm looking to move to a more versatile platform. Anyone have thoughts on E-Trade vs. Fidelity?
Anyone in on weed plays? I think new leadership decriminalizes it and could make things go.
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.I bought into $APHA a few months before they bought Sweetwater Brewing (added on the post buy dip) and they have also since merged with Tilray. Wasn't a big fan of the merger when it originally was announced ($TLRY IMO was a heaping pile of debt) but as I've looked into it further I think the idea with the merger is to expand $APHA global footprint without doing so "organically" (as $TLRY already has a decent presence in EU/UK iirc) - the price has risen in the last few weeks (last buy was $7.10 in December, between that and my $4.20 buy this CANNOT go tits up, right?!?) so I haven't added and I'm not sure if I'd "recommend" buying with the recent climb.
But if you're looking for a "large" operator with good management ($APHA management team will head the post-merger company) IMO there aren't many better options out there from a risk/reward perspective.
I didn't look into penny stocks/ micro-cap companies because I don't know enough about the details of the industry, but I've been happy since I originally scooped up $APHA last summer and think the future looks bright - my only reservation is the debt burden they've taken on with the $TLRY merger; but the management team turned $APHA cash-flow positive in short order and I think this will be one of the long-term winners when the smoke clears.
***I am NOT a professional, this is NOT investment advice. I'm just autistic and hungry for tendies.***
Brookfield RenewablesRenewable energy looks good long term. I like the ICLN etf.