Dow is Down 900+ points Today 2/24/2020

[q6543]

Sooo, is BA attractive, even with a dividend cut/elimination???????

Boeing is a binary play right now.
The price action looks like it's going to be forced into a bankruptcy/bailout.
Like gm was... equity holders get wiped out and bondholders are 1st in line for the crumbs.

If you believe Boeing can pull through without govt assistance ... then take a flyer.

 

[Weather Man]

Boeing is a binary play right now.
The price action looks like it's going to be forced into a bankruptcy/bailout.
Like gm was... equity holders get wiped out and bondholders are 1st in line for the crumbs.

If you believe Boeing can pull through without govt assistance ... then take a flyer.

I can see a few paths to survival, none easy.

EDIT: Boeing pensions would fall into the Feds pension guarantee fund, hard to believe the feds would want that.

 

[nxhappy]

buy puts for april/may and you will be showered with golden tendies .....

 

[Rct851]

Gaaah should have sold tza after hours at $97ish. Had my finger on the button but got greedy and went with the futures at the time pointing down...alas, dow futures way up now lol. Need some bad news this morning.

 

[1 Alibi 2]

In just ( 18 ) days, down 207K, & I think this is just getting started.....hang on !!!

 

[nxhappy]

In just ( 18 ) days, down 207K, & I think this is just getting started.....hang on !!!

why God did you look LOL. Im not looking at my 401k. Also .....cover your shit with puts and shorts....it will cover your other buys. We are heading for 14000-15000 on the dow easily.

 

[Riddick]

So when is the time to invest more? I'm rather conservative and have all my money in mutual funds. We currently have 10-12k we can invest, just trying to time it right. Do you guys really think we will see 15k Dow, any evidence to support that?

 

[04SVT_COBRA]

So when is the time to invest more? I'm rather conservative and have all my money in mutual funds. We currently have 10-12k we can invest, just trying to time it right. Do you guys really think we will see 15k Dow, any evidence to support that?

This selloff was triggered by Coronavirus; most of it occuring well before some of the extreme measures we are seeing now by some states. Until there is some good news regarding Coronavirus, any selloff is just a temporary bounce or trap (in my opinion). I am guessing it takes 4-5 years at least to get back to previous levels, probably longer.

I think we will have plenty of time to enter into long positions, so don't try going in 100% right now trying to catch the bottom, that is a dangerous game. I have been studying for days now, and I have a good idea of stocks I want to buy if things get really bad. Have a plan in place now so you are ready to strike when the time is right. I already have an Excel sheet filled with ideas and notes of what I want to do under certain circumstances.

 

[Deceptive]

I can make a suggestion and tell you to invest in MDT.


Sent from my iPhone using svtperformance.com

 

[CompOrange04GT]

Got called into work today because an oil company opened back up some wells

hopefully that’s good news

 

[VRYALT3R3D]

Got called into work today because an oil company opened back up some wells

hopefully that’s good news

Good news!

 

[CompOrange04GT]

Good news!

it was Exxon ( XTO) so.. I’m hoping they have their finger on the pulse and this means something

 

[trusaleen1]

It's going to take a long time before it comes back

 

[FIVEHOE]

So when is the time to invest more? I'm rather conservative and have all my money in mutual funds. We currently have 10-12k we can invest, just trying to time it right. Do you guys really think we will see 15k Dow, any evidence to support that?

No one truly knows how long till we hit bottom or when we'll be at the bottom. My best suggestion for you is to trickle money in over a period of time. Put 2500 in this week when it's red, wait a few days or a week and put another 2500 in when its down, etc.

There are a handful of things to keep eyes on this week. Experts are speculating that the amount of new corona virus cases is going to level out this week due to the extreme measures taken, so we'll have to keep an eye on that. Additionally, the 2+ trillion care package from the government will play a factor in the market. We'll be watching how the market reacts to that when its decided upon (might be today). And coming up on april 3rd is the unemployment numbers. All things to be looking for over the next coming weeks.

 

[CompOrange04GT]

Update for anyone:

got out to location about an hour ago

5 days ago we had 3 trucks total working.

right now I have 11 trucks working.

not sure if this is a sign or not, but people are working in the oil field that weren’t earlier this week

 

[Coiled03]

Experts are speculating that the amount of new corona virus cases is going to level out this week due to the extreme measures taken, so we'll have to keep an eye on that.

Man, I hope that's true, but I just can't see it. Everything I've heard said to expect the peak in May.

 

[me32]

So when is the time to invest more? I'm rather conservative and have all my money in mutual funds. We currently have 10-12k we can invest, just trying to time it right. Do you guys really think we will see 15k Dow, any evidence to support that?

Wait, its way to early to say when is a good time.

 

[Kevins89notch]

Additionally, the 2+ trillion care package from the government will play a factor in the market.

...and the vote just failed.

 

[ON D BIT]

So when is the time to invest more? I'm rather conservative and have all my money in mutual funds. We currently have 10-12k we can invest, just trying to time it right. Do you guys really think we will see 15k Dow, any evidence to support that?

Wait until at least June!

 

[GOTSVT?]

Anxious to buy
Guess I’ll wait a little longer