Stock Market Today: February 24th - 28th, 2020

Discussion in 'Stock Market Today' started by Stockaholic, Feb 21, 2020.

  1. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    BTFD isn't working too well for me today, the only good entry for me is getting in IRDM at $26.14 and now it is trading at $26.94, others are either flat or down :p
     
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  2. rando

    rando Active Member

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    Time to get long companies selling TP, sanitizer, walkies, batteries, water filters, medical supplies, cleaning supplies, etc. People are going to be loading up soon. Don't forget the kingpin, 3M the mask makers.

    Had to stop by during this amazing carnage. Watch for falling knives, stay safe!
     
  3. Stockaholic

    Stockaholic Content Manager

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    holy shit a @rando sighting! :eek:

    had to pinch myself here :D

    so f'n awesome seeing you in here!
     
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  4. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    I sold MRNA at $22.87, now it is trading at $23.67 :eek: :mad: It was a speculative biotech play for me when I bought, but now it is becoming a coronavirus play :eek:
     
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  5. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Speaking of cleaning supplies, I have some CLX shares and I guess it is why this stock is outperforming too :D
     
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  6. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    wow banks getting hti pretty bad, makes sense. for the first time in years, im buying a bank lol. that is huge price action in BAC, getting in here.
     
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  7. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    banks and airlines are nice stocks right now if u like to play in blood and want to buy for long term.

    MRNA and SPCE looking interesting. im in SPCE already, earnings tonight, i would lie if i said i wasnt scared lol.
     
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  8. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    ROKU up, wow lol
     
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  9. Stockaholic

    Stockaholic Content Manager

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    now the question is if we'll get the -3% down on the spx here at the close again ... it's like right there :p

    would be the first time we have seen that since the 2008 crisis :p
     
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  10. Stockaholic

    Stockaholic Content Manager

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    looks like we did it :p

    [​IMG]
     
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  11. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Looks like we got it, both the DOW and the SPX down 3% :eek:
     
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  12. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    Dow closed within top 5 losses on a pure points basis 2 days in a row i think?
     
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  13. Stockaholic

    Stockaholic Content Manager

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    correct.

    this is the chart i had posted in here yesterday, today's point drop would put the dj30 at the 4th largest one-day drop ever.

    [​IMG]
     
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  14. Stockaholic

    Stockaholic Content Manager

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  15. OldFart

    OldFart Well-Known Member

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    welcome back Rando.... if this is the same Rando from HSM...
    If not, welcome anyway... lol
     
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  16. Frankenstein

    Frankenstein Well-Known Member

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    I'm hoping that the SPX will test that 3120 level once more before taking off to the north at some point. I want one more long entry at that 3120 level, if possible
     
  17. Stockaholic

    Stockaholic Content Manager

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    barring some crazy bad news today, it looks like we will avoid having a third -3% down day in a row :p

    last time that happened was in 1933.

    [​IMG]
     
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  18. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    man, LK looking strong today.
     
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  19. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Not sure if we hit the bottom yet. What I preferred to see would be another huge gap down today then we make a intraday reversal, so my guess is we still have more downside to go :p
     
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  20. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    agreed. its def not over. i honestly didnt expect to see it roll over like this, i figured we would atleast test the 50 day first lol.
     
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