The stock market thread.

[Fixed to Ruin]

Everybody is going to get a bailout.

 

[Fixed to Ruin]

robbing the american people

do canadian central banks and companies do this?

They have been bailing out Bombardier since i was in diapers.

 

[Ainec]

I always wonder how they determine which corporations get bailouts and which they let fail

 

[Ainec]

have they ever bailed out corporations that ended up downsizing (firing) their staff anyways? Due to automation or saving costs

 

[Kairi Zaide]

Are you paying commissions on the buying and selling end? So every penny it moves up you would make 4 cents and With a 9.99 fee (both ways) you would need it to go up almost 6 bucks from where you bought it in order to recoup just your commissions . And I can’t see airlines moving upwards for the next couple of months.

With 75 bucks I would probably gamble it on a biotech stock that is working to find a Coronavirus vaccine and hope you catch lightning in a bottle , but that’s just me.

good luck

if the stock market is something that does really interest you check out the book “a random walk down Wall Street” . Great place to start .

beyond meat is a steal $50 and under, IMO.

WealthSimple is the only one, AFAIK, that offers market trades without commissions to the general public (aka not those that are ready to invest 5+ figures from the get go) in Canada. They make money with other services (low fee automated portfolios that adapt to your profiles, fixed growth investments, and currency exchange which obviously happens when trading for US stocks but nothing frivolous).

I'll look at the book, though I'm more of an "analytic person" that likes to analyze data and graph and stuff, hence why I'd like to get my hands on a good market watching app that lets me use indicators and stuff.

Anyone has any idea what these bailouts request may result in in the short term, both for these industries and the rest?

 

[VanillaCoke]

I would definitely not buy beyond meat.

 

[Ainec]

WealthSimple is the only one, AFAIK, that offers market trades without commissions to the general public (aka not those that are ready to invest 5+ figures from the get go) in Canada. They make money with other services (low fee automated portfolios that adapt to your profiles, fixed growth investments, and currency exchange which obviously happens when trading for US stocks but nothing frivolous).

I'll look at the book, though I'm more of an "analytic person" that likes to analyze data and graph and stuff, hence why I'd like to get my hands on a good market watching app that lets me use indicators and stuff.

Anyone has any idea what these bailouts request may result in in the short term, both for these industries and the rest?

can't short
can't convert CAD to USD
and US exchange rate is terrible

 

[Thucydides]

why do you like beyond meat?

I tried the burger it's really good tbh but no moat and most of all can get meme'd to death because it's really not healthy

I think plant based diets are on the rise .

I think beyond meat is going to be big . Before the crash beyond meat was steady around 90-100 bucks . At 50 bucks (or lower) when the market rebounds you’d make some good coin, IMO.

and it’s not too long ago that beyond meat was over $200 a share.

this is why I’d be interested in beyond meat.

 

[CrazyMonkey1208]

RIP Sears..I bet this will finally be their death blow

 

[Ted Hoffman]

Dow 20,000 everyone! Break out your "Dow 20,000" hats to celebrate!"

Wait, it's under - never mind.
No, wait - it's over! Party back on!
No, it's back under.
No, it's over! And, back under.
And over! Under! Over! Under! Over! Under!

 

[HSF]

would you guys wait to invest?

 

[Fixed to Ruin]

RIP Sears..I bet this will finally be their death blow

wait. they are still alive?

 

[CrazyMonkey1208]

wait. they are still alive?

I have 3 Sears stores in a 20 mile radius of my home, so very much alive to me

 

[BahlDeep]

Air Canada price is even more attractive now...

My theory with airlines is they will have a slow rebound.

 

[VanillaCoke]

Air Canada price is even more attractive now...

My theory with airlines is they will have a slow rebound.

Was just looking at it too, very attractive but more travel restrictions could mean even lower bottom

 

[DenisSamson3]

I think plant based diets are on the rise .

I think beyond meat is going to be big . Before the crash beyond meat was steady around 90-100 bucks . At 50 bucks (or lower) when the market rebounds you’d make some good coin, IMO.

and it’s not too long ago that beyond meat was over $200 a share.

this is why I’d be interested in beyond meat.

Im sure if you plug in paleo diet or even carnivore diet, the rise would be similar.

I remember reading that meat consunption in asia was skyrocketing.


On another note. If you read the comments in the dow live streams on youtube, a lot of people are cheering the drops. Some even want a full scale collapse.

 

[Jedub]

Im sure if you plug in paleo diet or even carnivore diet, the rise would be similar.

I remember reading that meat consunption in asia was skyrocketing.

Beyond meat has great branding and market presence atm. It's really not healthy at all, but I dont think it's going anywhere before the fast food chains do. Westerners are eager for non animal products that are cheap and tasty. Imo a buy at around 50 would be a decent hold for the next few years.

Anyone have anything invested in ketosis diet products? Keto diets really work. I know people who lost 100+ pounds and have kept the weight for years off just by cutting out sugar (and other carbs).

 

[DenisSamson3]

Beyond meat has great branding and market presence atm. It's really not healthy at all, but I dont think it's going anywhere before the fast food chains do. Westerners are eager for non animal products that are cheap and tasty. Imo a buy at around 50 would be a decent hold for the next few years.

Anyone have anything invested in ketosis diet products? Keto diets really work. I know people who lost 100+ pounds and have kept the weight for years off just by cutting out sugar (and other carbs).

My body does best on 150 grams of carbs or under. But this is the stock thread so wont discus nutrition since I will get carried away haha. Personally I know people who eat beyond meat and other substitutes. So I could see why its gaining popularity.

 

[Jedub]

My body does best on 150 grams of carbs or under. But this is the stock thread so wont discus nutrition since I will get carried away haha. Personally I know people who eat beyond meat and other substitutes. So I could see why its gaining popularity.

It's been popular for a while. People loves the idea of "healthy" fast food. I would be wary of it being replaced by a healthier competing product but diets are definitely moving in this direction. I think eventually sugar will have it's TRUE public reckoning just as smoking did which is why I would be interested in getting in on keto products now. They are just starting to be stocked in major supermarkets and become a well-known commodity like gluten-free did. The difference is that not everyone has a gluten allergy but pretty much everyone is eating way too much sugar.

 

[BahlDeep]

It's been popular for a while. People loves the idea of "healthy" fast food. I would be wary of it being replaced by a healthier competing product but diets are definitely moving in this direction. I think eventually sugar will have it's TRUE public reckoning just as smoking did which is why I would be interested in getting in on keto products now. They are just starting to be stocked in major supermarkets and become a well-known commodity like gluten-free did. The difference is that not everyone has a gluten allergy but pretty much everyone is eating way too much sugar.

Until they find out it's really not. The amount of sodium in plant-based meat will be a concern at some point

 

[Ted Hoffman]

would you guys wait to invest?

I don't know. There's a great argument to say "yes, go long" but it relies on ever-increasing amounts of government backstopping to keep things propped up. At some point, everything comes unglued because you run out of other people's money.

I thought the can-kicking would have had to stop years ago. Clearly the markets can remain irrational much longer than I expected.

We're probably going to end up huge today. +15% or more would not surprise me. (Yes, seriously. Especially after this press conference.) The question is how durable it is, and I don't have a clue. I don't have a good feel for where the market is headed, so I closed out of a long position (too early, took a loss on it) and I'm sitting on the sidelines to let things stabilize and provide some direction.

 

[Fixed to Ruin]

I don't know. There's a great argument to say "yes, go long" but it relies on ever-increasing amounts of government backstopping to keep things propped up. At some point, everything comes unglued because you run out of other people's money.

I thought the can-kicking would have had to stop years ago. Clearly the markets can remain irrational much longer than I expected.

We're probably going to end up huge today. +15% or more would not surprise me. (Yes, seriously. Especially after this press conference.) The question is how durable it is, and I don't have a clue. I don't have a good feel for where the market is headed, so I closed out of a long position (too early, took a loss on it) and I'm sitting on the sidelines to let things stabilize and provide some direction.

Huge upswings days are signals of a bear markets. The biggest upswing days (in percentage) all happened during the worst market conditions. List of largest daily changes in the Dow Jones Industrial Average - Wikipedia

Largest percentage changes

Rank	Date	Close	Change
Net	%
1	1933-03-15	62.10	+8.26	+15.34
2	1931-10-06	99.34	+12.86	+14.87
3	1929-10-30	258.47	+28.40	+12.34
4	1932-09-21	75.16	+7.67	+11.36
5	2008-10-13	9,387.61	+936.42	+11.08
6	2008-10-28	9,065.12	+889.35	+10.88
7	1987-10-21	2,027.85	+186.84	+10.15
8	1932-08-03	58.22	+5.06	+9.52
9	1932-02-11	78.60	+6.80	+9.47
10	2020-03-13	23,185.62	+1,985.00	+9.36
11	1929-11-14	217.28	+18.59	+9.36
12	1931-12-18	80.69	+6.90	+9.35
13	1932-02-13	85.82	+7.22	+9.19
14	1932-05-06	59.01	+4.91	+9.08
15	1933-04-19	68.31	+5.66	+9.03
16	1931-10-08	105.79	+8.47	+8.70
17	1932-06-10	48.94	+3.62	+7.99
18	1939-09-05	148.12	+10.03	+7.26
19	1931-06-03	130.37	+8.67	+7.12
20	1932-01-06	76.31	+5.07	+7.12

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[TBODY] [/TBODY]

Largest daily percentage losses

Rank	Date	Close	Change
Net	%
1	1987-10-19	1,738.74	−508.00	−22.61
2	2020-03-16	20,188.52	−2,997.10	−12.93
3	1929-10-28	260.64	−38.33	−12.82
4	1929-10-29	230.07	−30.57	−11.73
5	2020-03-12	21,200.62	−2,352.60	−9.99
6	1929-11-06	232.13	−25.55	−9.92
7	1899-12-18	58.27	−5.57	−8.72
8	1932-08-12	63.11	−5.79	−8.40
9	1907-03-14	76.23	−6.89	−8.29
10	1987-10-26	1,793.93	−156.83	−8.04
11	2008-10-15	8,577.91	−733.08	−7.87
12	1933-07-21	88.71	−7.55	−7.84
13	2020-03-09	23,851.02	−2,013.76	−7.79
14	1937-10-18	125.73	−10.57	−7.75
15	2008-12-01	8,149.09	−679.95	−7.70
16	2008-10-09	8,579.19	−678.92	−7.33
17	1917-02-01	88.52	−6.91	−7.24
18	1997-10-27	7,161.14	−554.26	−7.18
19	1932-10-05	66.07	−5.09	−7.15
20	2001-09-17	8,920.70	−684.81	−7.13

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[LarryFisherman]

I don't know. There's a great argument to say "yes, go long" but it relies on ever-increasing amounts of government backstopping to keep things propped up. At some point, everything comes unglued because you run out of other people's money.

I thought the can-kicking would have had to stop years ago. Clearly the markets can remain irrational much longer than I expected.

We're probably going to end up huge today. +15% or more would not surprise me. (Yes, seriously. Especially after this press conference.) The question is how durable it is, and I don't have a clue. I don't have a good feel for where the market is headed, so I closed out of a long position (too early, took a loss on it) and I'm sitting on the sidelines to let things stabilize and provide some direction.

i'm struggling to see a way out of this at all in the near future. we will bounce back - it always does. But i wouldn't hang my hat on today's rally and assume we're all back to normal. I don't think it would be stupid to add long plays even after today's spike, but i still can't shake that this stuff with covid is going to get way, way worse here, both from cases + death rate, but even just overall economic health. People are going to panic when we start to see a 4% mortality rate (roughly what it currently is worldwide based on _confirmed_ numbers) and cases 2x multiply every 3-6 days. Also, most hospitals in less densely populated areas are still doing OK, and once that starts to fall apart, i think we get a second wave of panic that tumbles the market even further.

Or, we're going to see a V shaped mini-recession and things are going to explode here and i'm going to look really dumb for not taking $140 MSFT or $250 AAPL plays right now. Something tells me that's really, really unlikely though.

 

[Thucydides]

Until they find out it's really not. The amount of sodium in plant-based meat will be a concern at some point

I don’t think most are eating it for health reasons, and beyond meat is not claiming to be a “health” food, it’s gaining popularity because veganism is gaining popularity & animal products are being replaced at a rapid rate , if you look at the data .

dairy and big meat are panicking . Tyson foods the biggest meat company in the world invested a huge amount of $$ into beyond meat .

This is why I think beyond meat is a good investment if it falls under a certain price. But to each their own. There will be a lot of good investment opportunities out there other than this one.

 

[Thucydides]

i'm struggling to see a way out of this at all in the near future. we will bounce back - it always does. But i wouldn't hang my hat on today's rally and assume we're all back to normal. I don't think it would be stupid to add long plays even after today's spike, but i still can't shake that this stuff with covid is going to get way, way worse here, both from cases + death rate, but even just overall economic health. People are going to panic when we start to see a 4% mortality rate (roughly what it currently is worldwide based on _confirmed_ numbers) and cases 2x multiply every 3-6 days. Also, most hospitals in less densely populated areas are still doing OK, and once that starts to fall apart, i think we get a second wave of panic that tumbles the market even further.

Or, we're going to see a V shaped mini-recession and things are going to explode here and i'm going to look really dumb for not taking $140 MSFT or $250 AAPL plays right now. Something tells me that's really, really unlikely though.

based on what has been going on in other countries it is set to explode in North America . Millions of people are off work - the economy is at a standstill here.

Today is a dead cat bounce. The real drop is coming later this week or next, IMO.