Futures are down right now. Any thoughts on the week ahead? Anyone going to try to swing BA tomorrow morning?
Futures are down right now. Any thoughts on the week ahead? Anyone going to try to swing BA tomorrow morning?
The economic headlines are getting more dire. I think the market will start repricing if the impacts will be prolonged. I have orders in for for MSFT and CSCO and if Waste Management falls further below 90 I may pick some more of that up. Its funny reading the REIT section of Seeking Alpha. Half the posters are loading up on some risky REITS thinking things will be back to normal in a month or two and the other half think that many of these will be in bankruptcy. Strange times for sure.
I'm looking at buying this week if it drops. I should have jumped in a week ago, but thought it would drop lower and then it sky rocketed. If it drops back down to where it was, I am going to jump in on some stuff. Probably take a risk on some CCL, not sure what else I am going to jump in on.
Earnings start coming in heavy this week. I'm not planning on doing anything this week unless we get back to the lows. I'm at a point of either adding with new lows or adding after a few weeks has passed.
Thanos was the hero
Market started off in the red this morning. I hate to say it, but I hope it continues to fall for a couple days so that I can jump in after missing my opportunity the other week. Once I get it, it can skyrocket.
Yeah, same here. BA is red also.
Anyone buying red today, or are you waiting for better prices?
Well I did cave in and bought a very very small position in Realty Income. 20 shares at 53. If it drops back into the 40s I may buy 80 more and then just have the dividends automatically reinvest for a few years for a bigger position. I still think there is a lot of near term risk with this one but it was a very small purchase just to start a position. I had to hold my nose a bit
Didn't add to any positions. Sold Ford at the bell, and that seemed to be the smart move. I did grab a few MGM though. That is one I want to grab before the virus goes away. I will chip away at shares over the next few weeks. This virus isn't going away anytime soon. Its certainly going to be an interesting next few weeks to see how everything does. Some of these businesses won't be operating anytime soon, so there was no reason at all why they were in green for 2 straight weeks. SBUX,CCL, and PLNT to name a few.
So Trump's supposed to make an announcement of some sort today. That should send us flying one way or the other, right? Any guesses as to what it will be?
Anyone know why Tesla is running?