Originally Posted by Munson:
It's gonna be another rough day with futures down over 1,200 points at the moment.
Futures hit the limit but premarket trading is happening and S&P is around 5.6% down right now.
I looked yesterday afternoon and small caps were down 7%+. Unlike the S&P, small caps last new all time high was August 2018. They're gonna be back to 2014 levels today. They generally suffer worse in a recession so it makes some sense but still.. pretty beat down already.
edit: high growth stocks getting pummeled this morning. I see many down 8-10% [Reply]
Originally Posted by philfree:
I just pulled the trigger and bought back in to 13 stocks. I'm not trying to make a quick buck I'm going to try and hold these stocks for the long hall. I put $1,500.00 in each and plan to add to those holdings as I go forward ending up with about $5,000.00 invested in each. This portfolio will consist of AMD, Chipotle, DocuSign, DDD, LULU, Micron, NVDA, RAMBUS, T, TSN, TSLA, V and Zillow.
Now all you guys and your friends buy the shit up!
You might want to avoid looking at your account today. :-)
All good companies though- they should go back up. Good luck! [Reply]
Originally Posted by Halfcan:
You might want to avoid looking at your account today. :-)
All good companies though- they should go back up. Good luck!
Yeah I was a day early. After the flights were stopped from Europe and the NBA made their announcement I new I was going to take a beating today. So I'm sitting here thinking that maybe I should add to those holdings. Buy baby buy? [Reply]
Originally Posted by philfree:
Yeah I was a day early. After the flights were stopped from Europe and the NBA made their announcement I new I was going to take a beating today. So I'm sitting here thinking that maybe I should add to those holdings. Buy baby buy?
The market is making zero sense right now. Everyone is in a panic. Most stocks are hitting 52-week lows if they are not already there. Lots of bargains. I would say buy- but who knows what kind of news will come out today with some virus scare tactics. It is pretty ridiculous. That is all the news is talking about.
People are hoarding toilet paper now. :-) I think I will buy some toilet paper stock- if it becomes worthless I can at least wipe my ass with the certificates. [Reply]
Originally Posted by BigBeauford:
Tesla is getting super tempting if it keeps flirting with 500. Sounds like at it's current process it is super under valued.
If they get it below $500, I'm in.
Ford is about to give me a chance to bring my average down .50. :-) [Reply]