Welcome Stockaholics!

We are a new and fast growing financial forum! Sign up for free and let's talk stocks!

  1. Do you want to help develop this community? We are looking for contributions from investors and traders like you! What stocks do you follow? What is hot right now? Sign up and get in on the ground floor of the newest, fastest growing financial forum!
    Dismiss Notice
  2. You will notice a live chat widget on the right. Click in to join us and lets hear about how you nailed that last UWTI trade!
    Dismiss Notice

Stock Market Today: April 27th - May 1st, 2020

Discussion in 'Stock Market Today' started by bigbear0083, Apr 24, 2020.

  1. T-Coonazz

    T-Coonazz Member

    Joined:
    Mar 22, 2020
    Messages:
    57
    Likes Received:
    56
    MRO on watch for increased volume and breakout sc-1.png
     
    OldFart likes this.
  2. Vdubman

    Vdubman Active Member

    Joined:
    May 2, 2016
    Messages:
    297
    Likes Received:
    192
    OldFart and T-Coonazz like this.
  3. T-Coonazz

    T-Coonazz Member

    Joined:
    Mar 22, 2020
    Messages:
    57
    Likes Received:
    56
    OldFart likes this.
  4. Vdubman

    Vdubman Active Member

    Joined:
    May 2, 2016
    Messages:
    297
    Likes Received:
    192
    Market contracted 5% in q1. Dow up 3.2%
     
    OldFart likes this.
  5. Ken34

    Ken34 2017 Stock Picking Contest Winner

    Joined:
    Apr 4, 2016
    Messages:
    1,744
    Likes Received:
    891
    dont know if its correlated or coincidence, but after the gilead news this morning, Nordic american tankers(nat) tanked(no pun intended lol). i got in nat on that dip, i couldnt get 6, i got like 6.25.
     
    OldFart likes this.
  6. rg7803

    rg7803 Active Member

    Joined:
    Apr 3, 2016
    Messages:
    350
    Likes Received:
    240
    what is actual dead toll in USA (due to COV19)?
     
    OldFart likes this.
  7. Steven_Burt

    Steven_Burt 2019 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    997
    Likes Received:
    650
    OldFart and rg7803 like this.
  8. DollarDogs

    DollarDogs New Member

    Joined:
    Apr 28, 2020
    Messages:
    14
    Likes Received:
    10
    I bought EAT end of day yesterday. It was up 43% on what I paid by 11am this morning! Should I have just sold right away? Now it's still up 36%, but I feel like I missed the peak. I'm too new at this to get timing. Can't decide whether to wait for a late day surge or just sell.
     
  9. T0rm3nted

    T0rm3nted Moderator
    Staff Member

    Joined:
    Apr 2, 2016
    Messages:
    7,192
    Likes Received:
    2,184
    When in doubt, sell. You should always have a plan going in though.
     
    bigbear0083 and Steven_Burt like this.
  10. DollarDogs

    DollarDogs New Member

    Joined:
    Apr 28, 2020
    Messages:
    14
    Likes Received:
    10
    Thanks! Plan was sell when it's up 50% but that was a 4-6 month plan. It went up 43% in a day. That threw me.
     
    OldFart likes this.
  11. Vdubman

    Vdubman Active Member

    Joined:
    May 2, 2016
    Messages:
    297
    Likes Received:
    192
    So gilead did a 180reversal from last week on their drug. It sounds like trump is pushing pr firms to post positive news even if it isn’t really positive. I mean their drug has a higher death rate when used than placebo and they were cherry picking the patients for the report. People that most likely would have recovered anyway statistically without the drug.
     
    T0rm3nted likes this.
  12. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,266
    Likes Received:
    4,202
    Now the NASDAQ is down less than 1% YTD :p With the FED going all in for QE, it seems like the market revisiting the March lows is pretty unlikely now
     
    OldFart likes this.
  13. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,266
    Likes Received:
    4,202
    OldFart and Vdubman like this.
  14. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,266
    Likes Received:
    4,202
    Those beaten up airlines, hotel, and casino stocks etc having a great day here :eek: Healthcare seems to be lagging, healthcare has been the safe haven during this pandemic
     
    OldFart and DollarDogs like this.
  15. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,266
    Likes Received:
    4,202
    Just took a look, XLV actually up well over 1%, but a lot of healthcare stocks on my watchlist or I am owning some shares are down :p
     
    OldFart likes this.
  16. DollarDogs

    DollarDogs New Member

    Joined:
    Apr 28, 2020
    Messages:
    14
    Likes Received:
    10
    Update: I held out and sold at 40%. Can't believe my first stock sale I've ever made is buy Chilis and sell it 24hours late for 40% profit. I assume it's all downhill from there?
     
  17. Vdubman

    Vdubman Active Member

    Joined:
    May 2, 2016
    Messages:
    297
    Likes Received:
    192
    What just boggles my mind is that for 20 years the government has had zero dollars for social concepts like education, student loans, environmental tech, etc.. yet in 3 weeks they printed trillions to help keep business from going bust. Nobody even bats an eye at it too.
     
  18. T0rm3nted

    T0rm3nted Moderator
    Staff Member

    Joined:
    Apr 2, 2016
    Messages:
    7,192
    Likes Received:
    2,184
    Yep, that’s how they get you hooked. Just like the first time you go to the casino you will win big.
     
    OldFart and Vdubman like this.
  19. T-Coonazz

    T-Coonazz Member

    Joined:
    Mar 22, 2020
    Messages:
    57
    Likes Received:
    56
  20. bigbear0083

    bigbear0083 Content Manager
    Staff Member

    Joined:
    Mar 29, 2016
    Messages:
    22,271
    Likes Received:
    8,145

Share This Page