Thread: Coronavirus

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  1. Member
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    #241
    Unemployment: The population of the United States is almost ten times that of Canada. In the past week Canada has had just short of 1,000,000 claims for unemployment insurance. The numbers are going to be staggering when they come in.

  2. Member
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    #242
    Well Boeing sure is looking good again today.

  3. Stocks/Investments Moderator boneil's Avatar
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    #243
    remember my tone of the lounge post. Looking at the lounge today and type of posts, does anybody really think two days ago was the bottom?
    Thanos was the hero

  4. Member
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    #244
    One guy called yesterday a dead cat bounce....

    We haven't saw the bottom yet. Might see it after unemployment numbers post.

  5. Member
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    #245
    Definitely not buying until it drops again other than adding more Alphabet which is still down.

  6. Member
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    #246
    I don't know if this is a DCB, it might have just hit his head on a ledge
    Dave

  7. Indiana Bass Club Moderator sc419795's Avatar
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    #247
    I am on the sidelines right now and not letting yesterday and todays increase sway me to jump back in. Very concerned on unemployment numbers. Also think 1Q earnings will take a hit. While the stimulus will help, until businesses are back it is still too risky of an environment for me.
    Steve
    2006 Sylvan Expedition Sport
    2006 Yamaha F150 TXR s/n 63P L 1041829

  8. Member
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    #248
    Quote Originally Posted by bass57348 View Post
    I don't know if this is a DCB, it might have just hit his head on a ledge
    Yeah I really wouldn't call it that either. Sentiment is not good in the lounge

  9. Member
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    #249
    Quote Originally Posted by sc419795 View Post
    I am on the sidelines right now and not letting yesterday and todays increase sway me to jump back in. Very concerned on unemployment numbers. Also think 1Q earnings will take a hit. While the stimulus will help, until businesses are back it is still too risky of an environment for me.
    Nike's Q1 were interesting yesterday. I think Q2 will be affected the most. Plenty of time to buy at better prices in the near future I'd say

  10. Member
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    #250
    BA today just makes me shake my head. No underlying problems solved. lets go up 35%..
    Dave

  11. Member
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    #251
    Quote Originally Posted by LuvMyRanger View Post
    Just a heads up. Look into Zoom. Our state (illinois) shut down all essential businesses. Which means thousands working from home. Zoom seems to be the most popular platform. It has surpassed its 52 week high and once the nation shuts down, I see it going higher.
    Just make sure you have ZM and not ZOOM. Two different companies. ZOOM is gaining on people buying the wrong stock.
    Dave

  12. Member
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    #252
    Quote Originally Posted by bass57348 View Post
    BA today just makes me shake my head. No underlying problems solved. lets go up 35%..
    Me too. Congrats to the guys swinging it. Set your stops carefully

  13. Member
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    #253
    Anyone buying the red today?

  14. Stocks/Investments Moderator boneil's Avatar
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    #254
    Not enough red for me. Going to wait till beginning of April to see where we are.
    Thanos was the hero

  15. Member LuvMyRanger's Avatar
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    #255
    Gonna wait this one out a bit longer. Next couple weeks will be rough.

  16. Moderator 200xp's Avatar
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    #256
    I am not much on buying right now...still playing a few sub $5 stocks, but just nibbling. I still do not think we have seen the worst of it yet.
    What we cannot obtain from intelligence, we can learn from experience.

  17. Member
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    #257
    Agreed. I'm also playing penny stocks, but doing nothing on big boards yet. If you penny guys haven't looked at playing KNOS, it's an interesting one. It's been coming up about 50% most mornings in a stretch of about 30 minutes and then selling back off to black, almost like dilution. Risky, but it is fun to play.

  18. Member
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    #258
    Interesting that we're going up right now...... ha

  19. Member
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    #259
    Quote Originally Posted by wbrown View Post
    Interesting that we're going up right now...... ha
    It sure is....

  20. Member
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    #260
    With the market the way it has been the past few days, it sure looks like we hit a bottom. I know we haven't though. The market has recovered a lot better than I thought it would at this time. Do you buys see a quick selloff on the unemployment reports and then a quick recovery if COVID stays the way it is right now?

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