Agreed, I am more nervous now than I have been in quite some time. Why are things worth now than they were pre COVID. Anyone with a head on their shoulders should be asking this question.

Not only that, with the growing tech bubble, when you see a vaccine released, the bubble should pop, money should be flowing back to other industries that have struggled during COVID.

This post was edited by SBD on Aug 24 2020 11:35am

I did some research and a lot of major firms have lowered their buying requirements from a PPE of 16 to 24. They're looking for investments but there's just not anything good outside of the giant tech companies.


Hate to say I told you so to everybody who thought AMD was going to go down lol. They aint going anywhere until Intel starts competing on processors again.

This post was edited by Thor123422 on Aug 24 2020 12:00pm

Right, demand is driving up these companies b/c there's no where else to put their money. However, at some point it's got to pop because we're pricing things like 10 years into the future lol. I'd love to buy some Tesla puts but timing is everything and I'd just be fucked lol.

Not touching TSLA with a 10 foot pole until it stops being the darling of WallStreet Bets. They'll pump that shit forever.

Started adding to my old RobinHood account.

Gonna go back to my old strategy for a bit.

Find a tech or healthcare company that has 2 years of money in the bank and swings +- 5% on a biweekly basis. Trade the swings for consistent 5% gains until they get low on cash.

I’m not making any moves

Just holding my usual names amd, dis, roku, wfc, bac

hard to trade this market at all time highs

Perhaps it's time to look at the things that are actually hurting but will likely recover.

I have amd, roku & bac from your list.

I want to add to roku but looking for 144 ish to add.



I agree that cyclicals is a good place to be. I have BA, Airbus that are most sensitive to the recovery that have done very well so far.

I also have decent amount of money in companies like BG, MDLZ, SYY, QSR. Most of these names are still down for the year and but they are my inflation plays. Dividends & food related companies tend to be recession proof.

I got in on BA at around 140 average. I don't think they'll hit 400 again due to systemic rot, but 250 seems reasonable within a year or 2.

If you want a good dividend stock, I've had DNP for YEARS. Consistent 7%+ dividends.

This post was edited by thundercock on Aug 24 2020 01:04pm

sure let's take a look:

restaurants: industry probably has shifted permanently to a hybrid 50% former capacity/emphasis on takeout. less need for waiters/servers/bartenders etc. fast casual will dominate.
box retail: other than amazon and wal-mart and target, yeeee-ouch.
commercial real estate: rest in rip in peace. firms find a way to slash what is likely their 3rd largest expense item behind cost of goods sold/compensation by moving to a more remote-friendly function.
airlines: say goodbye to 'business travel' which pays their bloated executive salaries. gonna lag for a while
hotels: see airlines, but to less of an extent
leisurely travel: while everyone wants to go on vacation, fear will stop this until a vaccine comes out.
oil: double-whammy with less travel (business/luxury) and proliferation of alternative energy sources. Trump replenished US strategic oil reserve when the prices of barrels bottomed. Musk lolerskating
financials: these will be fine, other than maybe wells fargo which is more of a function of bershire exiting a lot of their position

of course the largest factor is that small businesses have an tiny, if any, representation in the stock market. medical experts and local/state governments mandated that small businesses shut down and anyone in the s&p500 was good to go since covid-19 doesn't go to their locations.

This post was edited by excellence on Aug 24 2020 01:19pm