Re-opening effect. Could last another few more months and then demand would suddenly collapse, leading to severe recession.
Airlines are running at low profit, they are less expensive than cars ( owned or rental ) as gasoline went way up.
Last 3 months, I got flight sjc to la for $79 to $99 one way, while gas cost itself $150 if I want to drive to LA.
Even today I took flight to LA with $99 one way, but need to plan two weeks ahead. Flight is 75% full.
Pre-pandemic one way costed me $49 or $59!
tickets from Miami to SF during july is $800 direct flight. It was $250 6 months back.
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But we’re still at about the same level we were at just a year ago.
Anyone paying attention to crypto? I don’t hold any but I wonder what else all that wealth has been leveraging. I guess we’ll find out.
Millennials? Crypto, TSLA, PLTR, COIN, ARKK
Millennials are still BTFD… using leverage… not capitulating yet.
Any1 has the honor to own one (or more) of the below? UPST 
Will one of them like AMZN rise from the ashes? Probably won’t hear of them before long.
Despite reading a lot, can’t figure out which companies are future AAPL AMZN MSFT. Don’t think those current -90% could be. So I die-die holding on to…
U 
RBLX
Frankly, I feel they haven’t figured out a lucrative make money strategy.
Once the market bottoms, need to monitor IPOs/SPACs to figure out which could be FB GOOG TSLA.
Trying to find next AAPL, FB or NVDA is literally like a monkey throwing darts and hoping to hit jackpot unless you have some superpower that others do not have. Stock picking on average performs worse than even index funds so good luck with that.
I have the luck
Most retail investors/ traders perform worse than monkeys.
Yes that is also true. Most are miserable actually.
I hold none on this list of 90+% drops, thankfully.
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This is where most of the investors are failing ! News/Media repeatedly banging every retailer that it can not be done, vested interest people (fund managers…etc) hype it.
If you post a home in this blog, many will rightly pick the price as they knew how the future is ! When it comes to stocks, they are lazy enough to do home work, that is all.
Stock Picking, esp. for B&H, can easily be done with DCF models with simple excel sheet. Above all, this is the right time (bearish time) to pick up the right stocks (not blindly 90% down -lot of those they may eventually likely file bankruptcy) which has bright future to grow.
If not, just pick up QQQ or SMH or VGT or best AVUV at the bearish bottom, hold for life. extremely bold can buy TQQQ or UPRO depending on their comfort.
Remember, stocks won’t go straight up or down, it goes like snake - winding way either upside or downside.
Educate…Educate yourself, never trust the news/media except for 50000 feet level economical issue!
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Will they do it? The market is starting to price it in, so it wouldn’t be a big surprise. I think they need to do it to show they are serious about inflation.
This is what is needed but I think Fed will chicken out.
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Ok. It’s clear RE transaction volume is going to tank. How to profit? Companies that’ll be hurt the most:
COMP
RDFN
RMAX
RKT
Z
HMPT
GHLD
LDI
Some of these are already single digits share prices which doesn’t leave a lot of room to profit from puts. Others are so thinly traded in the options market the price spreads are brutal. What are people’s ideas to profit from this?
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sheesh…i hadnt realized Redfin was at 8$ and change now…was at 50$ not too long ago.
What about title insurance companies and their business?
ORI still trading at 20% off highs and looks like there is room to fall more.
https://seekingalpha.com/symbol/ORI