nothing this week. i think this is going to get worse before it gets better. if i'm wrong you and you think it's a one day thing then buy a bunch of aapl or goog and make 5% in a day
car sales in china down 92% yoy first two weeks in feb. i don't think people in china are going to be buying shit for a while
been baked in for a while on that front been lots of signs of weakness or just confusingly propped up sectors that something like coronavirus being the match could make it run
Yeah who knows if this is a legit correction or not, and like you said when the hell do I take it back up to the proper vanguard?
i know this will never ever ever happen, but if elon guides down because of china i will literally make a million
Well ignore this shit other than to say if Gallant Knight threads the needle on this he should open his own hedge fund.
I'm looking at these airline stocks and wondering whether to buy on the dip. AAL has lost 21% of its value in less than 2 weeks. This came after what appeared to be a bullish reversal early in the year. Jet Blue is testing support right now after losing 12% in the last week or so.The airline does not fly in Europe or Asia, and has not been affected by the virus. Looking at Delta too. Buffett loves it, and it appears to be pretty cheap.
The only thing keeping me from pulling the trigger is the concern that the virus will spread in the US, similar to the way it has in Italy and S. Korea, before an effective vaccination is approved. I think the spread is almost an inevitability; the question being really one of whether it comes before a vaccine. The US would not even attempt the large-scale quarantines like we've seen with China and Italy. If this thing starts to run in the US, the markets are going to bottom out.
From 1/27 that percentage is right however the market was up probably another 4ish % before falling so the drop is around 6% from the top.
so you’re betting that tesla closes at or below 800 before the end of the day. It cost you $73? What do you get as a return if you’re correct? again, I’m new to all of this so I apologize if these are elementary questions. remember- there are no dumb questions, just dumb people.
Haha no betting it closes under $800 on 2/28 I have the option to sell 1,200 tesla shares for $800 each on 2/28 If it closes at 700 on 2/28 then I can buy 1200 shares on that day and sell them to the guy I bought the option from and pocket the $100 difference it costs $6.10 per share to do this each put option is sold in 100 share lots so when I say $6.10 it’s really $610
Not end of day, they are typically end of week. There’s also a time component to it, it’s more valuable today than tomorrow if the price were to stay the same.
I appreciate you dumbing it down for me. Thanks. Also, you got some serious scratch over there. Is this your profession?
went to sleep at 1 last night dow futures were +250 set an alarm at 4 to see premarket for individual stocks and futures were like +80 8:30 and its like even it's getting titted
If I wanted to move say 25% into a more safe place for a few months, what would you suggest? FXNAX ? A further out retirement fund?