Stock Market Today: May 4th - 8th, 2020

Same here too.. no bullets.
I guess it is gonna be up by Tue or Wed again and down Thu and Fri
So better sell some when it is going and buy again.

 

I somewhat got a gut feeling when Trump and Larry Kudlow said they would give it a couple of weeks on talking about throwing out more helicopter money that they just could be "playin possum". I remember Larry Kudlow from Kudlow and friends (and by the way I am one of his friends... LOL) Like he always said " Buy on the Horns Sell on the whistles"

 

I am not a native English speaker,, and I am wondering what "Buy on the Horns Sell on the whistles" means?

 

When the market goes down more... which stocks I must get this time? Any recommendations?
I am not gonna blame you later on even if stocks you guys recommend are going down or whatsoever..... it is fine.. lol

 

I have shares in EXPE DAL & LUV, what he said was a little scary. Thinking about jumping out of a lot of stuff tmw first thing? This week sounds like more down days to come. Any thoughts?

 

I`m not too good at explaining things like that to answer you, sorry. Google it and you can read about it. Good luck out there "don`t take no wooden nickles"

 

Cramer says “buy the rumor, sell the news”
Same sort of idea. If your buying a stock when a press release comes out, you’ve probably already missed the boat. Same for a bear market. If you’re selling your stocks when news comes that everyone is going to die of coronavirus, you’ve probably already lost all your money.

 

Wow, went to bed with futures down almost 2% and saw that we almost tureen green overnight... any news released around 9 PM last night?!?!?

 

RIP JCrew https://www.nytimes.com/2020/05/03/business/j-crew-bankruptcy-coronavirus.html

 

I didn’t see any news, with QE we might be able to go up even if the economy won’t be in a good shape for awhile

 

Holding SWKS and CHGG into earnings after the bell today, hope they will do well

 

Held them for awhile by the way, not the earnings plays. I think SWKS has a tendency of going down after earnings actually, but I am up 17% so feel comfortable enough to hold through earnings

 

Transports took a beating today, back down below the 50ma.

 

Yeah airlines getting hammered today thanks to Buffett

 

Looks like HA is green despite most other airlines are deep in the red

 

US Treasury seeks to borrow a record $3 trillion this quarter

https://www.cnbc.com/2020/05/04/us-treasury-seeks-to-borrow-a-record-3-trillion-this-quarter.html

 

SPX in the green, that was a pretty big recovery with futures down big overnight