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Member
Posts: 24,082
Joined: Oct 5 2006
Gold: 45.00
Jun 16 2020 04:33am
Quote (dro94 @ Jun 11 2020 11:42pm)
If there was ever a time to look at individual stonks instead of an overall index, it would be now. Clear disparity between the firms that are doing alright and firms that aren't.


Put some of my lockdown furlough savings into Aston Martin like a true brit.

Either goes bust or does alright. :D
Member
Posts: 53,368
Joined: Sep 2 2004
Gold: 57.00
Jun 16 2020 07:22am
market goes up 7.5% in a week. sell
market goes down 7% in 3 days. buy
market goes back up 7% in 4 days




https://apple.news/A662uoLp7Ru6O7cGIDb-PTQ
Retail sales spiked 17.7 percent in May, after two-month collapse



This post was edited by excellence on Jun 16 2020 07:23am
Member
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Joined: Dec 31 2007
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Jun 23 2020 07:05am
Quote (excellence @ Jun 16 2020 08:22am)
market goes up 7.5% in a week. sell
market goes down 7% in 3 days. buy
market goes back up 7% in 4 days

https://media.giphy.com/media/VTxmwaCEwSlZm/200.gif
https://imgur.com/cC5J257.gif

https://apple.news/A662uoLp7Ru6O7cGIDb-PTQ
Retail sales spiked 17.7 percent in May, after two-month collapse

https://media.giphy.com/media/VTxmwaCEwSlZm/200.gif


LOL 7% moves in a week, wtf is this BTC?
Member
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Joined: Jun 22 2007
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Jun 23 2020 05:40pm
Bought some GERM, new ETF that tracks the pharmaceuticals trying to find a treatment for covid.

This post was edited by obisent on Jun 23 2020 05:41pm
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Jun 26 2020 08:03am
rip luckin
Member
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Jun 26 2020 08:17am
Quote (obisent @ Jun 23 2020 07:40pm)
Bought some GERM, new ETF that tracks the pharmaceuticals trying to find a treatment for covid.


Imo its a stupid bubble that will go nowhere. Steroids and hydroxy chloro already work and they are super cheap.
Member
Posts: 28,866
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Jun 26 2020 08:21am
Quote (EndlessSky @ Jun 26 2020 10:17am)
Imo its a stupid bubble that will go nowhere. Steroids and hydroxy chloro already work and they are super cheap.


Vouch many of those stocks are huge scams. In the real world when a competitor finds a vaccine or makes progress towards one the competitors stocks drop, in today's world one getting good news results in none of these companies stocks moving down.
Member
Posts: 44,260
Joined: Jun 22 2007
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Jun 26 2020 09:31am
Quote (EndlessSky @ Jun 26 2020 10:17am)
Imo its a stupid bubble that will go nowhere. Steroids and hydroxy chloro already work and they are super cheap.


I figure as long as Covid is in the headlines this ETF will do well, pretty simple reasoning so if you got more info I’m open to ideas. It’s down today so maybe you’re onto something.
Member
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Jun 26 2020 10:39am
Quote (obisent @ Jun 24 2020 12:40am)
Bought some GERM, new ETF that tracks the pharmaceuticals trying to find a treatment for covid.


It's surely priced in. Everyone and their dog is investing in Pharma, if anything it's more likely to be mini bubble right now.



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