Stock Markets

[Huntindad]

HAL still has some run left in it as well as NCHL.

[RiverRat1]

Originally Posted by Huntindad

HAL still has some run left in it as well as NCHL.

Expect NCLH and many others short on cash to get better or new financing deals. They will probably each pop huge like M (Macy's) is doing after hours today.

[Rex]

Are we about to see another pull back?

[MacDaddy67]

V shape recovery.....

I am back about 75% of what I had lost since March......

[Rex]

Originally Posted by MacDaddy67

V shape recovery.....

Hope so! I've been enjoying the ride.

[RiverRat1]

SPCE - This should rocket up to 100 over the next couple years (pun intended). That's my price target but keep in mind I'm a trader and always lose when going long.

Short term I think AVGR at 50 cents should pop close to 80 cents. And SXTC at 47 cents looks good to 60 cents.

But these markets are so unpredictable. Could tank at any time. Or more bankrupt stocks could go up 500% LOL

[Rex]

Originally Posted by RiverRat1

SPCE - This should rocket up to 100 over the next couple years (pun intended). That's my price target but keep in mind I'm a trader and always lose when going long.

Short term I think AVGR at 50 cents should pop close to 80 cents. And SXTC at 47 cents looks good to 60 cents.

But these markets are so unpredictable. Could tank at any time. Or more bankrupt stocks could go up 500% LOL

LOL!! Like HTZ??

[SaintBlaise]

Originally Posted by Huntindad

HAL still has some run left in it as well as NCHL.

I can see HAL hit $20 rather easily, probably $25 w/in 6 months. It hit $17 after the close yesterday. I'm riding a HAL option, up 620%. Don't worry about today, the market needs a breather.

[Rex]

Hoping to see a run on Oil stocks

[Trevor73402]

Originally Posted by SaintBlaise

I can see HAL hit $20 rather easily, probably $25 w/in 6 months. It hit $17 after the close yesterday. I'm riding a HAL option, up 620%. Don't worry about today, the market needs a breather.

I’ve got a couple of HAL options as well that are sitting very well. I also think it’ll hit $20-$22, but I see it happening by mid-end July.

[Moose]

Originally Posted by trozy55

https://discussions.texasbowhunter.c...ighlight=hertz

That one really makes me laugh and cry about what could have been!!

Im sure RIG will now go up by 50% before the end of the week!

There is two for you glen

CHX is another to watch formerly known as Apergy

CHX is one I’m rooting for too....two reasons, first is because I got in at around $6.50.....second is I work there. If oil can get back to the $50 range ever again I think it’ll be in the mid $30’s.


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[GARY]

Originally Posted by STGS

Not sure I can agree that a "handful" of stocks are propping up the market. Take a look at what comprises the Dow 30, S&P 500 or Russell 2000. Very few, if any those stocks are up several 100's or 1,000's of % points. That is the scale a single or "handful" of stocks would need to raise those markets by double digits.


I think most markets have accepted the unemployment rates are short term in nature and a lot of the entities affected by the 30-90 day shut down will weather storm long-term.


Time will tell, but in the short-term, I will remain a buyer of equities.

Pretty much what I think and the money guys I trust are telling me. Could be some softening in Q3 based on horrible earnings, but might be offset by restart of economy and unemployment changes. Market is betting on Trump winning at this point. That changes and watch the economy tank. Like him or hate him, watch the market react to socialist programs, removal of police, open borders, higher taxes, no oil, etc....

Personally, I am back within smelling distance of pre covid numbers and average 9.5% annualized increases (I am an accountant, spreadsheet guy and 54 looking to retire sooner than later, not because I can afford to, but I will as soon as I think I can survive - so I track this stuff). I got a little luck this time, because of presidential election cycle, I moved 50% of my portfolio to low risk / cash Q4 last year. I only wished I had the guts to go all in during COVID, but at 54 years old I have no idea , or trust it could possible pop back up so soon.

[captainsling]

Originally Posted by GARY

Pretty much what I think and the money guys I trust are telling me. Could be some softening in Q3 based on horrible earnings, but might be offset by restart of economy and unemployment changes. Market is betting on Trump winning at this point. That changes and watch the economy tank. Like him or hate him, watch the market react to socialist programs, removal of police, open borders, higher taxes, no oil, etc....

Personally, I am back within smelling distance of pre covid numbers and average 9.5% annualized increases (I am an accountant, spreadsheet guy and 54 looking to retire sooner than later, not because I can afford to, but I will as soon as I think I can survive - so I track this stuff). I got a little luck this time, because of presidential election cycle, I moved 50% of my portfolio to low risk / cash Q4 last year. I only wished I had the guts to go all in during COVID, but at 54 years old I have no idea , or trust it could possible pop back up so soon.

I am with you on this one. I think Q3 is going to be a blood bath. Unemployment runs out and people have no employment, and retail and everything else is going to get hit in the nads with no money to waste.

[Graysonhogs]

Originally Posted by Rex

LOL!! Like HTZ??

I thought about Buying Hertz but when the biggest stockholder took a 1.6 billion dollar bath, I crawfished.


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[Trevor73402]

Originally Posted by captainsling

I am with you on this one. I think Q3 is going to be a blood bath. Unemployment runs out and people have no employment, and retail and everything else is going to get hit in the nads with no money to waste.

Considering what has taken place the last 60 days, and to see where the market is right now.......you’d be a fool to make ANY kind of predictions. There is no logic to this current market. I’m not complaining, as I’ve done very well day trading, but we need to just accept it for what it is and don’t try to analyze or predict it in anyway.

[JBJTX81]

I put all equities in cash on Feb 25th. Dow was 27081 SP500 was 3125. I've missed the entire roller coaster. As of today, its been a push for me if I'm not down a point or 2. I def missed out on a good opportunity to ride this sucker back up from the bottom. It's been quite the breakout. I've resisted FOMO over the last few weeks. We will see what happens. I really don't see myself getting comfortable with reentry until at least 11/04/2020 if not a later point than that. My business is doing very well. All my needs are met and I want for nothing. More $$$ is always a fun concept to think about but I just cannot get comfortable with the irrationality of things right now. The world is upside down. All the headlines you see "This just in on dire news of all time highs in unemployment, mass rioting and looting nationwide and wave of new bankruptcies, the DOW surges 1000 points."

LOL the things we tell ourselves ^^^^^^ after missed opportunities...sigh

[coldgas]

Originally Posted by STGS

Not sure I can agree that a "handful" of stocks are propping up the market. Take a look at what comprises the Dow 30, S&P 500 or Russell 2000. Very few, if any those stocks are up several 100's or 1,000's of % points. That is the scale a single or "handful" of stocks would need to raise those markets by double digits.





I think most markets have accepted the unemployment rates are short term in nature and a lot of the entities affected by the 30-90 day shut down will weather storm long-term.





Time will tell, but in the short-term, I will remain a buyer of equities.

Here you can see what I mean about a handful of stocks keeping the market up. Amazon alone is larger than some sectors. There are many more stocks in the red then there is in the green. Fb was down today but it has been doing well.

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[hunt247]

I took a hit today. What happened?

[Rex]

Originally Posted by hunt247

I took a hit today. What happened?

Same here. I'm holding energy, oil, cruise and airlines and done really well but this ride has been crazy. My short positions have not been enough. May be time to hit the cash out door!

[Trevor73402]

Originally Posted by hunt247

I took a hit today. What happened?

Fear/speculation on what the Fed was going to say in the conference today. That’s what caused the initial down turn. However, when the Fed really didn’t have anything negative to say, I’m not sure why we didn’t see a late day/after hours rally. I think the market is saturated with new investors right now that have a huge fear of losing even a $100 so if the wind even blows too hard it triggers a sell-off/stock dump. After days like Monday though, it’s hard to complain about too much.

[Capt.Brown]

Originally Posted by STGS

Not sure I can agree that a "handful" of stocks are propping up the market. Take a look at what comprises the Dow 30, S&P 500 or Russell 2000. Very few, if any those stocks are up several 100's or 1,000's of % points. That is the scale a single or "handful" of stocks would need to raise those markets by double digits.


I think most markets have accepted the unemployment rates are short term in nature and a lot of the entities affected by the 30-90 day shut down will weather storm long-term.


Time will tell, but in the short-term, I will remain a buyer of equities.

X2.

[captainsling]

Originally Posted by Trevor73402

Considering what has taken place the last 60 days, and to see where the market is right now.......you’d be a fool to make ANY kind of predictions. There is no logic to this current market. I’m not complaining, as I’ve done very well day trading, but we need to just accept it for what it is and don’t try to analyze or predict it in anyway.

It's not my prediction, but the view of many I know of are saying the same. You are correct about the market making no sense right now. But I have made some good money managing my own IRA. I will take my wins and hedge the losses the best I can.

[4wheels]

Dow up because market can tel that the protesters, burn everything down, hate trump, trump bad - will not get Biden elected. Market can tell we will re-elect trump. So PPPBBTTTHHTTTTT!

[Hammerdown]

Originally Posted by 4wheels

Dow up because market can tel that the protesters, burn everything down, hate trump, trump bad - will not get Biden elected. Market can tell we will re-elect trump. So PPPBBTTTHHTTTTT!

I think we could be friends!

[Throwin Darts]

Originally Posted by JBJTX81

I put all equities in cash on Feb 25th. Dow was 27081 SP500 was 3125. I've missed the entire roller coaster. As of today, its been a push for me if I'm not down a point or 2. I def missed out on a good opportunity to ride this sucker back up from the bottom. It's been quite the breakout. I've resisted FOMO over the last few weeks. We will see what happens. I really don't see myself getting comfortable with reentry until at least 11/04/2020 if not a later point than that. My business is doing very well. All my needs are met and I want for nothing. More $$$ is always a fun concept to think about but I just cannot get comfortable with the irrationality of things right now. The world is upside down. All the headlines you see "This just in on dire news of all time highs in unemployment, mass rioting and looting nationwide and wave of new bankruptcies, the DOW surges 1000 points."

LOL the things we tell ourselves ^^^^^^ after missed opportunities...sigh

Market timing is a losing game. If you can't stomach the ups and downs then staying on the sidelines is probably the best place to be.

[Huntindad]

well pre market is not looking very good this morning.

[JBJTX81]

Originally Posted by Throwin Darts

Market timing is a losing game. If you can't stomach the ups and downs then staying on the sidelines is probably the best place to be.

Can stomach the longest bull run ever which encapsulates the entire time I've ever been invested in equites. But def not the craziness of the last 4 months. And I'm really concerned about the value of the $ going forward too and trying to figure out what the best hedge against inflation will be. At this point my comfort level is just purting my cash back into growing my business. Some strange times we are living in right now.

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[rtp]

Originally Posted by JBJTX81

Can stomach the longest bull run ever which encapsulates the entire time I've ever been invested in equites. But def not the craziness of the last 4 months. And I'm really concerned about the value of the $ going forward too and trying to figure out what the best hedge against inflation will be. At this point my comfort level is just purting my cash back into growing my business. Some strange times we are living in right now.

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Nothing wrong with that. Ive done well in the stock market in my lifetime but I made my wealth by investing in and growing my company to the point someone wanted to write a big check to buy it. Guess what I let them. Nothing wrong with taking profit off the table.

[rtp]

The Russell 2000 is down almost 6% so far today.....Ouch!

[Capt.Brown]

If your young ride it out, if you a few years from retirement hopefully your invested in safer investments.

[glen]

I had a bunch of triggers go off and sold a lot on Monday. Today I had a lot go off and bought back automatically. I should have set my buy quotes lower it looks like

[Redraider]

Man the market is taking a pounding

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[JBJTX81]

A wise man in this thread said if you can't stomach the ups and downs then being on the sidelines with me right now is probably your best bet!

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[coldgas]

Originally Posted by Redraider

Man the market is taking a pounding

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By this guy.


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[Throwin Darts]

Originally Posted by JBJTX81

A wise man in this thread said if you can't stomach the ups and downs then being on the sidelines with me right now is probably your best bet!

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Yes absolutely. If a day like today makes you pull your chips off the table then you should have never sat down to begin with.

[bphillips]

Originally Posted by Throwin Darts

Yes absolutely. If a day like today makes you pull your chips off the table then you should have never sat down to begin with.

Agreed. I’m waiting to buy more. 1-2 got pulled and made money some of the others still up big and even if they get me to break even time to buy again. Oil majors I like but cruise stocks got me second guessing and thinking I should have pulled on monday

[rtp]

Blood bath!

[glen]

Well maybe the bath cooled a little- I don't trust after hours movement but at least it isn't all red.

[SmTx]

Originally Posted by coldgas

By this guy.


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I hate that I know what the rest of that picture is.

[Swampa]

Originally Posted by SmTx

I hate that I know what the rest of that picture is.

Mandingo!!!!!


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[Texas Tracker]

Since all of this craziness began back in March I just don't look at my stocks. I am way down but I just sit it out and pray.

[coldgas]

Originally Posted by SmTx

I hate that I know what the rest of that picture is.

I dont think I go a day without some friend sending a snapchat of this guy. Some are pretty creative.

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[NickR]

I’m curious if anyone uses the inverse etf’s for the downward spirals. They’re very volatile but I’ve done descent with HIBS, SDD and FNGD. Instead of sitting on the sideline to watch the market go down it seems like money could still be made. Or at least a Hedge in case it were to go down. For instance, the market went down pretty significantly today but hibs gained approximately 30%.

[coldgas]

Originally Posted by NickR

I’m curious if anyone uses the inverse etf’s for the downward spirals. They’re very volatile but I’ve done descent with HIBS, SDD and FNGD. Instead of sitting on the sideline to watch the market go down it seems like money could still be made. Or at least a Hedge in case it were to go down. For instance, the market went down pretty significantly today but hibs gained approximately 30%.

Yes TVIX, SCO, DGAZ. I didn't have capital to trade TVIX today because my account got burned down over night.

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[NickR]

Originally Posted by coldgas

Yes TVIX, SCO, DGAZ. I didn't have capital to trade TVIX today because my account got burned down over night.

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Ouch, TVIX had a good day.

[Graysonhogs]

Hoping for a better day


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[glen]

Early indications are good. Just wondering how much of a rebound correction will happen. If we all knew we would all be retired.

[Graysonhogs]

Originally Posted by glen

Early indications are good. Just wondering how much of a rebound correction will happen. If we all knew we would all be retired.

No joke.

[EastTexasMan]

Beware of a dead cat bounce today after yesterday. Made a few swing trades buying yesterday before close and selling this morning.


Going to hold cash over weekend expecting a dip next week.


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[RutnBuk]

Originally Posted by EastTexasMan

Beware of a dead cat bounce today after yesterday. Made a few swing trades buying yesterday before close and selling this morning.


Going to hold cash over weekend expecting a dip next week.


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Exactly what Im doing.