Is it time to load up on some stocks?

thank you for the clarafication. I did try to read up on it and was very surprised to see so little concerning the details. Thx again.

dddjcjcjc wrote:

Carnival interests me, but the virus could legit cripple or change the whole cruise industry longterm. Thanks?

Consider the airlines before cruises. Cruises pay no taxes. They fly offshore flag. Who's going to bail them out?

The airlines might be back-stopped. The cruiselines are horrible for the environment too. No sympathy if they go out of business.

was able to read up on it on USA Today.

Yes, trump pledges to endorse it and advocates Senate sign.

And Australia's Prime minister Scott Morrison enacts a $17.6 bil. stimulus package.

This may get tweaked but i would be hard pressed to believe it won't get passed in some form and very quickly.

green screen Quotrons wrote:

.. cannot announce a 1.5 trillion dollar bail out daily...

If they did, our dollar would be like Zimbabwe.

seattle prattle wrote:

A large stimulus package was approved just last night, Don't underestimate how significant this may be in regards to how the markets move.

Yes, you're correct. I'm DCA in on the way down. But Lurch was saying he'd buy once the Covid-19 outbreak stabilizes, and I imagine he will be buying after there has been a lot of recovery in the markets. Although, I don't know that for sure, and I don't care, because I'm DCA'ing in anyway.

seattle prattle wrote:

was able to read up on it on USA Today.

Yes, trump pledges to endorse it and advocates Senate sign.

And Australia's Prime minister Scott Morrison enacts a $17.6 bil. stimulus package.

This may get tweaked but i would be hard pressed to believe it won't get passed in some form and very quickly.

What will or will not happen in U.S. Senate regarding to bill will be interesting theatre. Pelosi went to Mnunchin because neither trump or mcconnell would talk to her. If U.S. Senate could vote via secret ballot, stimulus would pass. If the majority of Republican Senators do not want the bill, mcconnell will not even bring the bill to a vote. mcconnell could have kept Senate in session this morning to sign the bill if he felt like signing it. mcconnell wants his Republican Senators to go back to their states over the weekend to get a feel for what the citizens in their state want. At least 26 Republican U.S. Senators will have to be in favor. Country Club Republicans will want this bill, judging by some Country Club Republicans on this thread. There are a lot of Republicans who work with their hands and take a shower after work who have a bad feeling about bank bail outs from 2008 & 2009. This is not a guarantee. See rise of Tea Party, 2009.

It's smart not to buy until it gains two days in a row.

The price plunge was motivated by much smaller decreases in economic activity because virus. The danger now is that Pelosi gets her way and goes around testing and identifying all the mild cases out there that the CDC rightly doesn't care about. Then there will be another scary spike and the mob will insist on burning things down some more. And investors will once again wait until the fire is out.

It’s both a brutal supply and demand shock at what remains very high valuations

Trade accordingly

Bad Wigins wrote:

It's smart not to buy until it gains two days in a row.

The price plunge was motivated by much smaller decreases in economic activity because virus. The danger now is that Pelosi gets her way and goes around testing and identifying all the mild cases out there that the CDC rightly doesn't care about. Then there will be another scary spike and the mob will insist on burning things down some more. And investors will once again wait until the fire is out.

Gawd you're an idiot. Literally everything you said is wrong.

I buy all the time but especially so when I notice people are fearful

Knows Uncle Phil when he sees Uncle Phil wrote:

Bad Wigins wrote:

It's smart not to buy until it gains two days in a row.

The price plunge was motivated by much smaller decreases in economic activity because virus. The danger now is that Pelosi gets her way and goes around testing and identifying all the mild cases out there that the CDC rightly doesn't care about. Then there will be another scary spike and the mob will insist on burning things down some more. And investors will once again wait until the fire is out.

Gawd you're an idiot. Literally everything you said is wrong.

When will you understand you're only convincing people I'm right?

gild.o

whatup wrote:

I buy all the time but especially so when I notice people are fearful

Another thing that does on with the markets is that there's a flight to cash, as they say, early on, in expectation that they will buy back at a lower price point So i think you have a lot of company in that strategy, only some people are still positioning themselves for a better entry point. Some with long enough investment horizon (like a couple of years or more) may be more comfortable buying some now.

Trump is getting tested. When it comes back possitive the market will crash.

Won’t go up until there’s an immunization for it, Tom Hanks survives and NBA is playing.

That Anthony S. Fauci, M.D., NIAID Director, he is the real deal. Listen to him, he is doing a world of good, a straight talker, and in the know. All over the media, too, thank goodness.

seattle prattle wrote:

whatup wrote:

I buy all the time but especially so when I notice people are fearful

Another thing that does on with the markets is that there's a flight to cash, as they say, early on, in expectation that they will buy back at a lower price point So i think you have a lot of company in that strategy, only some people are still positioning themselves for a better entry point. Some with long enough investment horizon (like a couple of years or more) may be more comfortable buying some now.

I’m a millennial and this is cash invested to max RoTH and investments and accounts I won’t need to touch for 20+years. But I understand how baby boomers nearing retirement may be panic selling. If so they shouldn’t have been in equities in first plAce.

Ca$hclay wrote:

Seems like panic = profit long term. Thoughts?

The general strategy is to invest at regular intervals and hold. Add extra cash whenever the decline is over 40% from the preceding high (all of the crashes have been in the 50% range, so I doubt it ever drops below that). Everything in low cost index funds with fees < 0.5%.

[quote]Bad Wigins wrote:

It's smart not to buy until it gains two days in a row.

Brilliant!

yes, especially the financials, like banks and REITS