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- Thread starter SoapyCy
- Start date
I think it is driven by the fact Trump has threatened to shut down Chinese airlines if they don't let the American carriers start doing business again in China.. Keep an eye on it.
China has until the 16th to allow American carriers to return to China.
I sold my AAL stock when it hit 17. I was dumping stocks big time today. Been so hot that I guessed there would be a Friday profit taking crash.
Giant companies like American Airlines and Boeing are trading like penny stocks. There is no liquidity in this market. I almost didn't even believe you but yep, 41.1%.
Trade away everyone, but I think the 10 year returns on indexes will be near zero with the PE ratios at current levels. The market as a whole isn't an investment at these levels.
The SEC is proposing entirely new rules on how the markets disseminate trades and the corresponding information that's communicated to the various exchanges and brokers. I'm still trying to wrap my head around how that's going to impact the markets.
I don't think we're going to thread the needle here and come out the other side unscathed. The real argument in my opinion is whether we enter a deflationary spiral or if we get high inflation.
The next shoe to drop will be a public pension crisis.
The SEC is proposing entirely new rules on how the markets disseminate trades and the corresponding information that's communicated to the various exchanges and brokers. I'm still trying to wrap my head around how that's going to impact the markets.
I don't think we're going to thread the needle here and come out the other side unscathed. The real argument in my opinion is whether we enter a deflationary spiral or if we get high inflation.
The next shoe to drop will be a public pension crisis.
Bank stocks are ripping pre market, steak all weekend for me!
Yeah, I screwed the pooch selling at 17, but when you are upside down for so long on what looks to be dead weight, you grab when you get a little profit. I'm liquidating nearly everything. Mine was only a march to august timeplay at best and I've gotten what I wanted mostly thanks to DOW, DFS, and AAPL were my 60-70% gainers. I am hoping to get back into DFS and possibly DOW since they have room to move. Had some MAR that has some value still. If this drops later today I will be back in either later today or Monday morning.
Penn and Eldorado have been great for me. Betting on the casinos is paying off
Man, I really am kicking myself. I didn't make any moves in March or April and lost out on some good opportunity. I did invest a a small amount in USO a couple weeks ago and have a 25% return there. But I waited too long back in March.
Of everything that has happened, this is still the most shocking to me. Fundamental investing 101: don't sell during a panic at the bottom. Especially for Buffet, who is the king of long-term and keep investing simple.
Even if he just flat decided "I don't want to be in airlines anymore" you'd think he would have waited for some bounceback, or spread out the sales or something.
