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Stock Market Today: March 2nd - 6th, 2020

Discussion in 'Stock Market Today' started by bigbear0083, Feb 28, 2020.

  1. bigbear0083

    bigbear0083 Content Manager
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    ^^ this 100%

    def impossible trying to day trade this, and anyone who says otherwise i feel is just full of it imo

    i noticed @Frankenstein isn't on or posting either which is kind of a tell for me anyway, just goes to show how crazy and impossible it is to try to day trade this mess
     
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  2. bigbear0083

    bigbear0083 Content Manager
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    damn that was a nice # too ... i feel if this were any other day we'd been up triple digits.

    f u covid-19 :mad:
     
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  3. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    travel stocks getting a bid. and even BA almost going positive.

    i personally was planning on starting a position in CCL today, for a long term play, im a little mad it got a pop today lol....
     
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  4. bigbear0083

    bigbear0083 Content Manager
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    maybe today was the "capitulation" in the 10yr yield ... saw it got down to like 0.68% at one point this AM :eek:

    it seems like until we see can some kind of bottoming in yields, we probably ain't gonna making lower lows in the indices.

    i feel like yields are the tail wagging the dog so to speak.
     
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  5. OldFart

    OldFart Well-Known Member

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    SPY pulled back from 297 area rather quickly, but it might be the larger players trying to scare off the smaller guys

    Let's see if we double top at 297...
     
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  6. OldFart

    OldFart Well-Known Member

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    Just got this from Norton:

    Scam Alert

    Cybercriminals are using concerns about the coronavirus to launch phishing attacks

    Learn to identify and protect yourself against such attacks

    What is Happening? While COVID-19, or the novel coronavirus, is capturing attention around the world, cybercriminals are capitalizing on the public’s desire to learn more about the outbreak. There are reports of phishing scams that attempt to steal personal information or to infect your devices with malware, and ads that peddle false information or scam products.

    In one example, a phishing email that used the logo of the CDC Health Alert Network claimed to provide a list of local active infections. Recipients were instructed to click on a link in the email to access the list. Next, recipients were asked to enter their email login credentials, which were then stolen.
     
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  7. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Yeah agree, amazing to see the 10 year way below of 1% :eek:
     
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  8. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    I don’t think we can find the bottom until this daily market move becoming less volatile :eek: If you are a bull you would actually prefer to see this market slowly bouncing back rather those big bounces on Monday and Wednesday. Those big bounces have been a dead cat so far :eek:
     
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  9. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Nice number indeed, but I guess people will care about the March data only due to the virus :eek:
     
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  10. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Restaurant stocks got hammered lately due to the coronavirus fears :eek: bouncing a little bit today though
     
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  11. rg7803

    rg7803 Active Member

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    Im a bit curious about what next week may bring us. And you guys?
     
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  12. OldFart

    OldFart Well-Known Member

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    zombie apocalypse?
    zombie2.jpg
     
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  13. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Didn't really like GILD before the coronavirus, but now it is a pretty good hedge against the virus and a pretty nice dividend yield too :p
     
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  14. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    [​IMG]

    This thing has gone straight up during the market selloff :eek:
     
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  15. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Oil seems to want to break below of $40s. Not going to gamble on oil stocks yet with so many other stocks selling off, but I might get interested if crude trades at mid 30s :p
     
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  16. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Seems like there is a chance of repeat of last Friday, we are seeing the market bouncing back a little bit into the close :eek:
     
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  17. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    yea pretty crazy.
     
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  18. zukodany

    zukodany Member

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    What is everyone’s thoughts about IR. They recently merged and today they got a boost from JP Morgan I believe
     

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