Looks like another rough day. Anyone interested in buying some of this virtual money yet? $$$$$$$$$$$$$$$$$$$$$$

Looks pretty weak in futures tbh. I don't think people blink at movements below -5% now, lol.

it’d probably be up today and give some level of certainty for the intermediate if the idiots in Congress could pass a relief bill

Seems like they learned from the 2008 crisis. The filthy rich should not profit from this crisis.

So it turns out that this was not the time to buy. The question is, when is the time to buy?

The Dow and S&P500 are down another another 2% today. The bad news keeps coming and the domestic impact will likely continue to worsen.

My spider senses say the time to buy could be the end of this week? But really, I am just guessing.

I mean, I bought Disney stock at like $90/share and now it's down into the $80s. EVENTUALLY, I'll make a large chunk of cash so I'm not worried about perfect timing. At this point, you can't go wrong, you're going to make a lot of money if you invest in index funds. Personally, I would be dumping set amounts into index to offset any time variability.

to me i'd rather risk buying above the floor on a proven multi day rally than buy while its still in freefall after a single day rally. sure, you could miss out on the true floor, but honestly you prob will lose anyways if you're guessing on the floor.

its a hard one tho, i dont see a true rally even with fed money flowing into the market, until quarantine is over and real production begins again. so maybe a month or more.

Goldman upgraded Boeing today with like a 170 price target. It's up like 8% for the day, maybe falls back down but to buy this company for 100 when it was trading over 300 is a long term bargain considering air travel will only increase in the future and this company has a ton of back logs for planes.

Yes! They can't fail either due to being critical for US Military.

Another company for people to keep an eye on is Berkshire Hathaway. It's Warren Buffets company which essentially has a portfolio of different companies ranging from airlines, insurance, Apple & much more. It's down around 30% off it's highs.

The reason why this might be a really good long term buy is because they literally have a ton of money in cash. Imagine a pro like Buffet with 130 billion dollars in cash and the type of bargains he will be able to find in this market and the type of returns he's going to generate? He could be buying companies for 50 cents on the dollar and flipping them for double or triple in just a few years.



https://www.barrons.com/articles/berkshire-hathaway-and-other-companies-sitting-on-tons-of-cash-51584352800