Today Market

If everyone is done being an hypocrite, time to return to rationality. This is a little dated but very good article on discussing possible scenarios. It took me about 5 reads with a calculator to understand what this article says. If true, the we are already at bottom. But, no one has seen future. So, with that disclaimer out, here is the link:

https://www.fidelity.com/learning-center/trading-investing/markets-sectors/market-volatility-new-normal

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There is a short sale circuit breaker is put as of now for next 2 days that 3153 securities can not be sold short. List of securities included and the sec rules are there.

Hope fully market stabilizes next two days and then it can go down further (Up/Down we do not know)

Anyone experienced about this previously in 2010? What is the impact or puts?

https://www.nasdaqtrader.com/trader.aspx?id=ShortSaleCircuitBreaker

It’s interesting that AAPL was down more today than most cruise line and airline stocks. The selling of airlines and cruise stocks seems to be slowing but general panic is hitting others really hard. I don’t think we’re near an overall bottom.

Futures halted because 5% up?

Yes, Futures 5% up or down, halted.

Market mixed. But guns and toilet paper doing well. Kimberly Clark and Ruger both up

one of the symptoms is diarrhea, i think John in this forum will have a hard time if he catch that

It appears there’s some effort to pick winners and losers. It’s not just blindly sell everything.

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TSLA! is RED. Dropped more than 50% from peak.
Ditto for BYND.
Stocks that are supposed to change the future are killed. Like those solar stocks few years back. True that the future will be changed but too excessively over-priced.

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In the present environment nobody is concerned about anything but day to day survival. Low gas prices and fear of losing your job makes Tesla look like a stupid stock purchase. Will probably drop back to $180 when I bought last summer.

Hope :innocent: ? Look like market is in a technical re-bounce (with higher peak than DCB) is here.

https://finance.yahoo.com/news/fed-unleashes-commercial-paper-funding-to-support-nonbank-companies-144710054.html

Would be short-lived as I have faith that Trump would tweet to bring down the market just like Elon Musk did to bring down TSLA.

Elon might caught that virus already, but he doesn’t know. He likes those sex party with lotta ppl right?

Some people take 20+ days to start showing symptoms.

52 week lows for 2/5 of FAANG (FB and GOOGL). They made it/very close to Dec 18 lows.

First of all, looks like were at bottom with 12% down single day ! This is pure guess, no back up data. use your own judgement ! If I speculate, market may come down after a quarter to lowest level depending on how the impact is.

After recession hits, old FAs won’t work, new FA is here… This is where FA is useful.

Latest estimate, car industry may get hit at 30% reduced demand. TSLA, GM and F gets affected, it is industry changes.

All restaurants are closed for dining and some are functioning with “To Go” model. With 52% BYND sales depended on restaurant sales, you can not expect BYND to go up !

Except TEVA & STNE, based on WB holding, I am not looking any non-dividend stocks.

Thought you said 2-3 months? Are you referring to start of a multi-year bull market?

Funny way to view FA :stuck_out_tongue: By right, FA of a company shouldn’t be changed by cyclical recession and temporary macro disruption. Your FA sound very like financial analysis of daily to quarterly performance of a company. May be use FAnal :slight_smile: to differentiate from FA (fundamental analysis :slight_smile: )

I don’t see anywhere near bottom. Germany basically was stop for 2 weeks according to some german youtube video, and it won’t get better. If you watch how this virus goes, once you loosen up , it will come back and spread immediately. This will change the behavior of spending and life style for many many people. Notice how Hong Kong all those ppl still able to go to work, in crowded places, able to counter through open border with china during the peak virus time. Gov didn’t do shit but people does. We need all americans to fight against this thing

Did you read this ==> If I speculate, market may come down after a quarter to lowest level depending on how the impact is.

Additional point: My expectation to reach bottom was 2-3 weeks, but market fell deep 12% yesterday, things are changing. Remember my GTC price of puts expected within a month, but met in one day !

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Hmmm, sorry to say, you do not understand how the entire world of analysts looking at the stocks ! Or your view of FA is not in line with world wide analysts view of FA.

True = financial analysis is quarterly performance of a company => Yes, many times I posted the equation running the stocks world since 1900s.

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