also there might be a realization that long term this crisis will be a dent but not a catastrophe for most companies. some miht even profit from it (amazon and netflix to name a few)Maybe we're witnessing the "only game in town" effect?
Like where else can people even put their money if the value of it in society goes down? If you're a billionaire or whatever, you're not going to hoard dollar bills or billions worth gold bars and hand sanitizer under your bed probably. A lot of it just has to go back into stock or something.
So I think after pulling out a week ago for big losses, many investors decided they didn't really have much else to lose either way. Especially if the governments are just printing money for everyone. Money's gotta go somewhere right? lol
The US definitely has a lot of ways to be resilient...but how about the rest of the world?
And with China being to first to recover and basically in a position to profit from it while being seen as the cause will there be a push to punish them especially if others are struggling? I can see these things having profound consequences on the global economy...but how much does this translate to the US stock market?
i got 2000 waiting to go into my roth...
I guess I should just put it in. Was waiting for a dip but fuck its gone up
Never try and pick a bottom. This is a famous saying in the investing world for a reason. We were down 35% at one point last week, but of course people will say "but what if it goes lower". Don't be greedy. If you're a long term investor starting at 35% down is a pretty wonderful starting point.i got 2000 waiting to go into my roth...
I guess I should just put it in. Was waiting for a dip but fuck its gone up
i got 2000 waiting to go into my roth...
I guess I should just put it in. Was waiting for a dip but fuck its gone up
Their unemployment projections were 1 million off last week. That's not too bad in such a unprecedented situationAgain, their projections sucked at first. So removed from reality.
Maybe if they're willing to wait enough years. People forget.I have two coworkers talking about how much Royal Caribbean stock they have bought and I'm just like... who is going to ever want to go on a cruise again?
I have two coworkers talking about how much Royal Caribbean stock they have bought and I'm just like... who is going to ever want to go on a cruise again?
This is nowhere near the end of the industry.I have two coworkers talking about how much Royal Caribbean stock they have bought and I'm just like... who is going to ever want to go on a cruise again?
Not to be a dick in general but people are dumb as shit, they will flock right back to a cruise because it will be cheap and they want to celebrate being out of lock down at some point, thats slightly oxymoronic of them.I have two coworkers talking about how much Royal Caribbean stock they have bought and I'm just like... who is going to ever want to go on a cruise again?
Look at New York yesterday. Tons of people ignored social distancing to view the USNS Comfort arriving. Big ship arriving, let's go see it and risk getting sick.Not to be a dick in general but people are dumb as shit, they will flock right back to a cruise because it will be cheap and they want to celebrate being out of lock down at some point, thats slightly oxymoronic of them.
Fully-loaded cruise ships departed even after the Diamond Princess fiasco. People simply assumed the same would not happen to them.I have two coworkers talking about how much Royal Caribbean stock they have bought and I'm just like... who is going to ever want to go on a cruise again?
And if you get quarantined on board for an extra 2+ weeks its a really cheap way to live!Fully-loaded cruise ships departed even after the Diamond Princess fiasco. People simply assumed the same would not happen to them.
And if you get quarantined on board for an extra 2+ weeks its a really cheap way to live!
You keep posting this every day. Quit being a skinny weiner and just put the money in. Have it on standby to invest when the time comes.i got 2000 waiting to go into my roth...
I guess I should just put it in. Was waiting for a dip but fuck its gone up
I don't know if it will "tank" like it did previously. I still think we'll go lower, but it'll be more gradual. The Fed is injecting unlimited capital directly into the market's jugular on a daily basis and none of the bad news coming out is a surprise. Something shocking and unexpected would need to happen for the market to drill again. I expect something will... eventually.
looking at other drops like this the usual time frame for it to test its lows again might like in 2.5 years
Probably later this week when federal unemployment numbers come out
Wait, why do some peeps here keep trying to time/understand the market lmao?
As though the market was at any time predictable -- in the most unpredictable time ever -- let's predict, and get upset when our predictions don't pan out?
The "why isn't it doing what I thought it would do" posts are lighthearted sarcasm, right?
There are no other drops like this.looking at other drops like this the usual time frame for it to test its lows again might like in 2.5 years
It'll get changed if it gets back to bull, or if it dumps. Whichever is first.
Some people predicted. News about the virus started in January before the crash. There was a dip in the market at the end up January. These are the people who got out. Then the market recovered in February. Probably because of the people who thought the Jan dip provided stock buying bargains. Wrong. The market crashes big time.Wait, why do some peeps here keep trying to time/understand the market lmao?
As though the market was at any time predictable -- in the most unpredictable time ever -- let's predict, and get upset when our predictions don't pan out?
Wait, why do some peeps here keep trying to time/understand the market lmao?
As though the market was at any time predictable -- in the most unpredictable time ever -- let's predict, and get upset when our predictions don't pan out?
The "why isn't it doing what I thought it would do" posts are lighthearted sarcasm, right?