Anybody taking advantage of Coronavirus?

bradgator2

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Picked at some things at the end of the day that were down ~15%. I got no problem doing it again tomorrow.
 

FireFoley

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Picked at some things at the end of the day that were down ~15%. I got no problem doing it again tomorrow.

Have no qualms with the thought, but are they for investment or more for a trade. Care to share any names with your fellow Gators since we know you are capable of making good selections. Or are you just going to cackle in the future and we have no proof :dunno:
 

bradgator2

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:lol:

I am damned if I do, damned if dont around here.

I bought some more NCLH, USB and PNC today. As well as FINX, which I know you dont like funds like that. I am eyeing some more LUV for tomorrow. The PNC and FINX would be ultra long term holds. I will dump NCLH and USB as soon as it doubles. I’ve got lots of LUV, so I will sell half when it doubles.
 

FireFoley

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:lol:

I am damned if I do, damned if dont around here.

I bought some more NCLH, USB and PNC today. As well as FINX, which I know you dont like funds like that. I am eyeing some more LUV for tomorrow. The PNC and FINX would be ultra long term holds. I will dump NCLH and USB as soon as it doubles. I’ve got lots of LUV, so I will sell half when it doubles.

Not giving you any shyt, just curious b/c often times someone has a keen idea that we have not thought of. And since you bought we won;t be front running you. I took a peek at USB also today I own it already and it was 43+ 2 days ago and is my favorite regional bank. But double?, that could takje a while. But with NCLH that could take 5 minutes, LOL. I like LUV if I have to like an airline, but I don;t see them ripping up again just yet like they recently did. Seems like after those types of stocks (Airlines, Casinos, Cruise Lines, and some bankrupt companies) have a huge quick run when there has really been no financial change, they don;t seem to have that same oomph a second time. Now if a medical find changes things, then all bets are off, so to speak. In all honesty I am hoping Wells Fargo cuts their dividend. I do not own it, but I hope the knee jerk would be a sell off if they announce a dividend cut, but if they cut it in half at this level, it would still yield 4+% and they would have even a larger excess capital.
 

bradgator2

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Well, back to waiting. NCLH was a slam dunk. I was really hoping to buy some more LUV and RTX this morning.
 

bradgator2

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The only sector I have been watching, that might be off of someone's radar, is all these electronic payment companies. I am talking Fiserv, Paypal, Square, Intuit, etc. That's why I have been acquiring FINX.
 

Detroitgator

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The only sector I have been watching, that might be off of someone's radar, is all these electronic payment companies. I am talking Fiserv, Paypal, Square, Intuit, etc. That's why I have been acquiring FINX.
For long term buy and hold, this fits with what I've said that Eugene Brigham at UF told us 30 years ago and is still true today regarding "what should I buy?" His answer, "look around your house and your neighbors, what is EVERYONE using?"

Back then it was still pretty traditional items that had been DOW stalwarts of household items. Today, I look at it from "what are all my kids (now 18-22) using?" And when you do that today, you find that almost all age groups are using the same items because of where the markets drive them.

So with your electronic pay companies, it fits, and somewhere in one of these threads I mentioned them as well. Look around you and at kids: all the electronic pay companies, Samsung, LG, and Apple everywhere (phones and appliances), social media platforms (and all the WhatsApp's/Skype's that are owned by them or Microsoft) , Amazon, Google/YouTube/Alphabet, Netflix et al, Everything needs electricity too...

For buy and hold, sure, you can find "better," but you can't go wrong just by looking around the house.

Things change, the idea stays the same...
 

Detroitgator

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And just like that... the market gave back 100's of points... clearly trying to defend the S&P 3000 line, every time it's been broken
 
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Concrete Helmet

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Look what's plastered all over the top of any browser you open for the last 2.5 days....f vcking China flu increases. What I truly don't understand is why the market follows this sh!t. What the media Isn't saying is that almost no one is dying from it anymore(we are showing less than half the amount of daily deaths)as a month ago.

Trump better come out Monday morning and lie his ass off about vaccinations being ready by Nov. 1st......
 

78

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Epic battle between bulls and bears. Bears are worried not just about current fundamentals but Covid fallout yet to come. Bulls are willing to look past that based on the massive injection of liquidity from the Fed with more to come if necessary.

It took some convincing for me to see it the bulls’ way. I’m still cautious but less willing to deny the bulls than the bears. So I’m focusing on quality and kind versus quantity. It matters a lot in this market.
 

Concrete Helmet

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Trump has 2 and possibly a third ace up his sleeve.....just a matter of when he shows them and how much balls the average investor has...
 

FireFoley

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Epic battle between bulls and bears. Bears are worried not just about current fundamentals but Covid fallout yet to come. Bulls are willing to look past that based on the massive injection of liquidity from the Fed with more to come if necessary.

It took some convincing for me to see it the bulls’ way. I’m still cautious but less willing to deny the bulls than the bears. So I’m focusing on quality and kind versus quantity. It matters a lot in this market.

This is very true and the boatloads of liquidity have been the biggest supporter of the market for years now, IMO. As someone who has a great grasp of a lot of financial areas @78, at what point does all this liquidity become an unsolvable problem and money to become slowly worthless, thus creating inflation? I ask b/c I do not think the liquidity will ever get withdrawn. Anytime they hint that they want to pare it back, the market throws a complete fit.
 

Detroitgator

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Trump has 2 and possibly a third ace up his sleeve.....just a matter of when he shows them and how much balls the average investor has...
I hate to break it to ya Crete, but Trump is a player in the game now, not the Coach, nor the guy to fix it. Still better than the alternative, but he's gone 'round the bend just like every one of them, regardless of party.
 

FireFoley

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And I told you we would alternate between two topics to keep the markets going, and said that we should hear about this one again soon, well, here ya go from last night... expect more to follow next week.
China will honor trade deal, wants better U.S. ties, top adviser says


Good call @Detroitgator, maybe it was few days or a week ago, I mentioned that all has been quiet on the vaccine front for the most part as the market was climbing and the dash for trash stocks had traction. Then came the Moderna insider selling fiasco and somehow the players found religion and decided the economy was still looking at 25% unemployment as well as other issues. So now they trot out the trade BS. And if that begins to become and issue, I look for the magical vaccine/cure to be back in the news.
 

Detroitgator

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Good call @Detroitgator, maybe it was few days or a week ago, I mentioned that all has been quiet on the vaccine front for the most part as the market was climbing and the dash for trash stocks had traction. Then came the Moderna insider selling fiasco and somehow the players found religion and decided the economy was still looking at 25% unemployment as well as other issues. So now they trot out the trade BS. And if that begins to become and issue, I look for the magical vaccine/cure to be back in the news.
yup, the vaccine (or any such corona positive news) is the twin to china trade deal
 

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