OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER

[アミーゴ]

Been saying a BABA at 175 will be my biggest portfolio play

 

[tkthafm]

Thoughts on that insane FED/PPT/JPOWELL Pamp in the final minutes?? Felt like 2016 Election night

0.75 cut this Sunday evening??

That and also a lot of shorts taking profits after the Powell statement in anticipation of a rate cut announcement along with late coming shorters getting squeezed. I was planning to buy a little more and hoping for a big capitulation candle from EOD 401k sellers but when I saw the pump I cut my buy size in half.

IMO rate cut might temporarily stop some of the bleeding but with numbers these bad the situation on the ground has to materially improve fast or it's look out below...

 

[Cryptomoon]

Almost got burned on my 3/6 call I tried to sell before closing for a $20 loss. No dice. Before the Jack news. Worked out great.

 

[Chopper]

Gonna be initiating a position in TOPPX next week. Top holdings are SHOP NOW WDAY PCTY PAYCM OKTA GPN COUP. Been wanting exposure to the cloud, software and payments sectors and this is everything I want as a supplement to my large cap fund.

I just looked at their top 10 positions... interestingly the place I work uses ServiceNow, Workday, Okta and Coupa. I was surprised they don't have Salesforce but it's because the market cap is way bigger than the desired threshold for the fund.

 

[johnnyredstorm]

Yeah I believe my large cap might have saleforce in it. I gotta double check. But the only thing to maybe be worried of with TOPPX is the history of being a boom or bust fund, but they have a new manger in place that was promoted in November. He’s 34 which has good and bad concerns attached to it. I’m gonna make it my third weight probably since I really like those stocks in the top holdings and hope for the best. My other smid cap fund has a more consistent track record but isn’t holding any of the aforementioned names so it’s a good diversity tool I guess to have both. Idk.

 

[tkthafm]

Weekend Wall Street

Weekend Wall Street [EN]

www.ig.com

Can’t remember the last time it was down this much.

 

[shibadekobe]

Weekend Wall Street

Weekend Wall Street [EN]

www.ig.com

Can’t remember the last time it was down this much.

Don't worry...Trump will say COVID19 is a Hoax and announce FED will cut 1.00% Monday

 

[tkthafm]

Don't worry...Trump will say COVID19 is a Hoax and announce FED will cut 1.00% Monday

If only the FED could print supply chains

 

[shibadekobe]

Weekend Wall Street

Weekend Wall Street [EN]

www.ig.com

Can’t remember the last time it was down this much.

 

[tkthafm]

Honestly do not think it has ever been down this much. Not even during the height of the trade war that weekend when Trump had his twitter meltdown. Granted, it didn’t exist back in ‘08-‘09 but this is a crazy drop. Every time I check it’s lower and lower.

Monday limit down and test of the circuit breakers ? Or emergency rate cut announcement tomorrow ?

Fed was cutting multiple times for no reason, now they really need to use some ammo to save this until PMI’s normalize once again. They better act quick, and might as well throw some QE on it. This could be the black swan.

When Apple was at 320 I asked a bunch of friends where they thought Apple would be 1 year from now, just to gauge sentiment. Every single person said higher. Some said 350, 400, 500 etc. I was the only
one who said sub 200. I hope i’m right because i’m sitting on 90% cash.

 

[xbiker47]

You cant loose buying Apple and Microsoft at this point as long as you are willing to stick it out until this thing is over with

 

[Chopper]

My guess is AAPL is at $350 in March 2021.

 

[southernhospita]

My guess is AAPL is at $350 in March 2021.

You don’t see it doing that this year

Not in March maybe by the end of the year

 

[johnnyredstorm]

2021 if we don’t crash Apple should be north of 350. This year? Idk. We prob just chop between 250 and the highs.

 

[Brownstone]

APPL is not going anywhere near 200 sorry. Still copping next week regardless.

 

[southernhospita]

APPL is not going anywhere near 200 sorry. Still copping next week regardless.

Yeah it’s definitely not going that low that’s 43% if gains wiped

but there are people on the sideline waiting for that though
I would rather just average down if I need to

 

[Brownstone]

You cant loose buying Apple and Microsoft at this point as long as you are willing to stick it out until this thing is over with

They are essentially monopolies.

 

[shibadekobe]

Samsung and LG Innotek close South Korea plants after confirmed virus cases

Samsung Electronics <005930.KS> and LG Innotek <011070.KS> have shut their factories in South Korea after a worker tested positive for the coronavirus, the companies said on Sunday.

www.reuters.com

Samsung and LG Innotek close South Korea plants after confirmed virus cases

 

[degenerate423]

Not gonna lie, that’s actually kinda nice to see .

Looks like the FED is gonna sit on that rate cut. Maybe they aren’t expecting too big of a drop this week?

 

[shibadekobe]

Blk Monday incoming???

Corona & Turkey vs Syria vs Russia vs USA...should be fine..Green by eod

 

[tkthafm]

Green by eod

I wouldn't even be surprised in this market

 

[johnnyredstorm]

I’m thinking about entering into a play on Tesla if it comes back to the 300-400 range because of these market fears.

leaning toward going at it via an etf to get exposure to a few other stocks I like via ARKK but I’m also intrigued by Baron’s mutual fund BFGFX and how bullishly overweight he is on Tesla.

 

[shibadekobe]

OMG... ES Tanking!!!

 

[shibadekobe]

 

[xbiker47]

I’m thinking about entering into a play on Tesla if it comes back to the 300-400 range because of these market fears.

leaning toward going at it via an etf to get exposure to a few other stocks I like via ARKK but I’m also intrigued by Baron’s mutual fund BFGFX and how bullishly overweight he is on Tesla.

Tesla ever comes back to 300 ill entertain it