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Re: Currency fluctuations and COVID-19

Posted: March 14th, 2020, 2:22 pm
by chrislovessushi
I made my big buy yesterday morning. 14% gain at close but this is a long term buy. I’m sure we’ll see some new lows next week so there’s still time to take advantage of this sale.

Re: Currency fluctuations and COVID-19

Posted: March 14th, 2020, 2:23 pm
by TimemiT
Anyone buy any stocks (US)? ... I picked up some shares of Jetblue and Tecnoglass on Friday. I figure airlines will pick up quickly once this dies down, people still need to fly regionally in the US and fuel prices will be low with the Saudi/RUssia war going on. Cruise lines will take much longer ... that is more of a leisure industry, and people be more hesitant to get on a ship any time soon. With that said ... top 3 cruise lines have been HAMMERED!!

I'll be looking again on Monday .... this next week the FED meets ... and most likely another rate cut.

Re: Currency fluctuations and COVID-19

Posted: March 14th, 2020, 2:28 pm
by chrislovessushi
TimemiT wrote:Anyone buy any stocks (US)? ... I picked up some shares of Jetblue and Tecnoglass on Friday. I figure airlines will pick up quickly once this dies down, people still need to fly regionally in the US and fuel prices will be low with the Saudi/RUssia war going on. Cruise lines will take much longer ... that is more of a leisure industry, and people be more hesitant to get on a ship any time soon. With that said ... top 3 cruise lines have been HAMMERED!!

I'll be looking again on Monday .... this next week the FED meets ... and most likely another rate cut.
Airlines and cruise ships make me too nervous (to invest in). I imagine it’s going to take cruise lines a long time to bounce back, if they ever do. My outbreak sales purchases were mostly bank stocks I’ve been eyeing.

Re: Currency fluctuations and COVID-19

Posted: March 14th, 2020, 2:34 pm
by TimemiT
I feel companies like Netflix, Hulu, Apple, FB, Amazon, Google ... anything online will benefit as people stay home and keep themselves busy online.

If the weather starts warming up (Miami at least) ... and we notice that this virus does not survive and is more like the common cold or flu ... I think things will pick up rather quickly.

The well run regional airlines will survive, and the big 3 cruise lines will also. They will use the lower rates to repackage their current debt, and their lenders will oblige ... as opposed to bankruptcy.

Re: Currency fluctuations and COVID-19

Posted: March 15th, 2021, 3:10 pm
by binbin
Well, one year later. 365 days.

How is everyone doing? :)

Re: Currency fluctuations and COVID-19

Posted: March 15th, 2021, 3:50 pm
by Emilio
binbin wrote: March 15th, 2021, 3:10 pm Well, one year later. 365 days.

How is everyone doing? :)
"just meh"

that would be my headline :mrgreen:

Re: Currency fluctuations and COVID-19

Posted: March 15th, 2021, 7:50 pm
by TUFF Stough
still queueing to have my folks vaccinated :yawn:

Re: Currency fluctuations and COVID-19

Posted: March 15th, 2021, 7:54 pm
by binbin
I'm in Canada. Canada appears to behind the world in vaccinations. My 104 year old grandmother got her first Pfzier shot a couple of weeks ago.

Where are you located?
TUFF Stough wrote: March 15th, 2021, 7:50 pm still queueing to have my folks vaccinated :yawn:

Re: Currency fluctuations and COVID-19

Posted: March 15th, 2021, 8:02 pm
by TimemiT
well, last year when the shit hit the fan around this time, was perfect ... you could have picked up airline stocks like JetBlue at $9 ... which I did ... then stupid I sold it later in September at $12 because NO way airlines would bounce back!!! ... NOW, look at that it's f'ing $21.64 today!!!! CRAZY!!! This is way way above even before the pandemic when it was doing well!!! ... It makes NO SENSE!!!! Retail traders are killing the normal trading logic of the market.

I bought other stocks like Altria (MO), VTI fund, and a large chunk of Palantir... I also own a large chunk of Tecnoglass because I am surrounded by millions of feet of their impact commercial hurricane glass, and now they are entering into the residential market. Every new building in this city for the past decade and those going up now is clad in tecnoglass

I kick myself that I didn't go all in with several stocks ... I will continue to work into my 60's.

I'm doing good, but if I wasn't such an over analyzer I'd be sitting real pretty right now.

Bitcoin is over $50K !!! ... it's just f'ing insane!!!

There will be another correction ... when? who knows ... it won't be as crazy a low drop as last year when the fear of the pandemic really trashed the market, because now everyone and their sister has a Robinhood trading app and they are just buying and selling stocks without any financial logic. These millions of traders are basically propping up stocks based on hearsay and group rumors. Traveling is banned, millions less tourists are going to Vegas, Macau or cruise ships ... so their easy outlet to spend all the saved up cash over the past year .... the stock market, among the main outlet.
Tanukjaju wrote: March 12th, 2020, 8:05 pm If only I...we... had a crystal ball to tell us when the market bottoms.

Re: Currency fluctuations and COVID-19

Posted: March 15th, 2021, 8:27 pm
by TUFF Stough
binbin wrote: March 15th, 2021, 7:54 pm I'm in Canada. Canada appears to behind the world in vaccinations. My 104 year old grandmother got her first Pfzier shot a couple of weeks ago.

Where are you located?
TUFF Stough wrote: March 15th, 2021, 7:50 pm still queueing to have my folks vaccinated :yawn:
The other side of the world, Indonesia.

the official information is very unclear. we don't know where to ask except to the official contact number, which also can not provide clear schedule and location where to take the shots. meanwhile, we are still seeing the horrifying increasing number of infection everyday, and yet we are still wandering everywhere we want. schools are closed, but our local government is planning to re-open karaoke.

on the other side, the factory where I serve as printing prep staff receives lots of orders for food can packagings from across the world due to many lockdowns. although, we just lost a big shot by this muddafakka last feb. :cry: