What’s a good stock to buy in a pandemic scare??
What’s a good stock to buy in a pandemic scare??
ISRG
What’s a good stock to buy in a pandemic scare??
Probably the stock in whatever company it was in California that supposedly owns the patent on it.
To buy? In another day or two, everything.
To hold right now? Not much. Nearly everything I have sitting around in the quantity is red, apart from SNSS and IOVA and one of the SPCEs.
I’m looking for deals on the insider buying list at finviz. There have to be some out there....
I have never said that in my life unironically thankfully.
And now I see REGN is one of the few biotechs that is up and they have some insider volume. Maybe they have some Coronacure? Gonna be big money in that...
Energy stocks dropping again. Tempted
Medical supply and mask companies. I cant find any masks on the shelves locally.
Bb
I thought the Dems and elite would try to crash the markets a little closer to the election like in 2008.
Bb
Somebody tell me why in the flying fook that if energy stocks are dropping, the gas prices at the local station have went up fourteen cents in the past few days? They damn sure never were down to $1.80 like they supposedly were in Texas either. Lowest point was $2.11 about a week ago and now they've sprung back up to $2.25! [bleep] u cker.
Stable Value Funds for me on my 401K until mid Nov.
Then we will see. I put the transfer order in Sat. It looks like I was a day short once again taking profits. But I will not sustain a huge loss.
The inevitable pandemic which arrives as a result of the earth's population exceeding 6 billion is here,....and people are talkin' 'bout, "Where should I put my 401K?"
Ironically, 85% of our antibiotics are made in China, as well as the N-95 masks. 45% of everything China exports comes to the USA. A lot of their factories are shut down. Fiat in Italy is running out of parts made in China and will have to lay off their workers in 3-4 weeks. I have been keeping up with this for a month. Finally the government and news media is taking note.
If you are retired, stock up on food, meds (even if you have to get your doctor to give you extra perscriptions), etc, in case you have to stay at home (self quarantine to keep from getting the virus).
If you are not retired do the same thing in case your job is shut down, or they have to close schools, stores, etc.
Basically you become a prepper. If you can find N-95 masks buy them, if not you may have waited too late.
Stay away from large cities, college towns with lots of Asian students, Stay out of crowds, ballgames, even church if you have to.
Get the flu and pneumonia shots if you haven't already. You don't want any side infections when your body is weak with the disease if you get it.
This virus is in the same family as the AIDS virus. It has about a 3-6% kill rate if you get the virus. If you get serious symptoms with this virus it kills about 65% of the time. It shuts down the air sacs in your lungs with fluid behind the air sacs not in them. The only people who survive severe cases have to be put on a ventilator and force their breathing, most have to be put to sleep because they can't handle being forced to breath at the rate needed to overcome the virus.
Don't travel to any country that has this virus. I think the government needs to stop all travel to and from these countries except of emergency personnel and supplies.
I've been thinking of picking up some Boeing stock. Down a bit due to the 737 issue, but have more than enough orders on the table to flourish.
calm down guys. In 6 months we will be all forgetting which beer this was named after.
Now that we've had our prepare speech, back to the original question.
I'd look for the Dow stock that is taking the worst beating that will recover once the supply chain is restored. I will be watching what is happening to Apple.
Okay, the Dow is down about 8%. In a few days give or take when its down about 15% and the financial talking heads start talking bear market, stock crash, recession, etc. the Fed is gonna do an "emergency rate cut" or "QE" and its all gonna go right back up. They have been bailing out speculators for a decade now and I have no reason to believe they will stop. This virus thing gives them an excuse to really go nuts.
until we know the likely outcome of coronavirus...
Okay, the Dow is down about 8%. In a few days give or take when its down about 15% and the financial talking heads start talking bear market, stock crash, recession, etc. the Fed is gonna do an "emergency rate cut" or "QE" and its all gonna go right back up. They have been bailing out speculators for a decade now and I have no reason to believe they will stop. This virus thing gives them an excuse to really go nuts.
Just like they did in '01-'02?
01 and 02 as well as 08 and 09, the Fed was still in the business of "taking away the punch bowl just as the party got going". Now, they start handing out crack as soon as the first party goer says they have had enough punch. My theory is the system has gotten away from them and they know they can no longer engineer a "soft landing" based on the experience in 2009 pricking the real estate bubble. They like to have messed up then. Every govt on earth is up to their eyeballs in debt. If there is a global downturn like in times past, its gonna get really systemic, really quick. It won't be companies going under, it will be governments.
Anyway, that's my theory based on what "they" have been doing the last 10 years. Eventually somethings gonna break. But you will see negative interest rates and outright asset purchases by the feds/govts before then.
The inevitable pandemic which arrives as a result of the earth's population exceeding 6 billion is here,....and people are talkin' 'bout, "Where should I put my 401K?"
No chit 😆
First rule: When the weak panic, seek opportunity.
Second rule: buy low sell high.
Third rule: Smart people thrive on volatility, the rest stay poor and strive for mediocrity.
mike r
Apple once it goes down some more, will always recover at some point in the future.
Market will recover overnight. Question is when?
If your buy orders aren't in now, you're missing out.
If your buy orders aren't in now, you're missing out.
You must have good news the rest of us don’t I think another 10%decline before this [bleep] passes. Save your money folks...
I think there is a slight window for a buy period before the fed cut rates likely in April but the market won’t bottom until next quarters earnings are reported and that’s if the virus is somewhat contained or a treatment is available. Ymmv
What’s a good stock to buy in a pandemic scare??
Body bag stocks...........