SARS Pt. 2 - Wuhan Boogaloo

heydaralon
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Re: SARS Pt. 2 - Wuhan Boogaloo

Post by heydaralon » Mon Mar 09, 2020 6:08 am

sounds like a good time to invest
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SuburbanFarmer
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Re: SARS Pt. 2 - Wuhan Boogaloo

Post by SuburbanFarmer » Mon Mar 09, 2020 6:40 am

S&P futures were frozen all night to stop the crash. Market opened and hit the next ‘circuit breaker’ within 3 minutes.

I’d wait a bit lol
SJWs are a natural consequence of corporatism.

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Xenophon
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Re: SARS Pt. 2 - Wuhan Boogaloo

Post by Xenophon » Mon Mar 09, 2020 6:54 am

SuburbanFarmer wrote:
Mon Mar 09, 2020 6:40 am
S&P futures were frozen all night to stop the crash. Market opened and hit the next ‘circuit breaker’ within 3 minutes.

I’d wait a bit lol
Now is a great time to invest. Simps panic.

heydaralon
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Re: SARS Pt. 2 - Wuhan Boogaloo

Post by heydaralon » Mon Mar 09, 2020 7:29 am

Xenophon wrote:
Mon Mar 09, 2020 6:54 am
SuburbanFarmer wrote:
Mon Mar 09, 2020 6:40 am
S&P futures were frozen all night to stop the crash. Market opened and hit the next ‘circuit breaker’ within 3 minutes.

I’d wait a bit lol
Now is a great time to invest. Simps panic.
I'm not going to panic, but investing is for buffoons. I make money working like a man and put it into a checking account where it can't keep up with inflation. Soft ass niggas live on interest. Real mean make more paper.
Shikata ga nai

Smitty-48
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Re: SARS Pt. 2 - Wuhan Boogaloo

Post by Smitty-48 » Mon Mar 09, 2020 8:17 am

heydaralon wrote:
Mon Mar 09, 2020 6:08 am
sounds like a good time to invest
It's not that far down yet in the grand scheme of things

It was at a very high valuation to start off with, so it's not really into absolute value discounts yet.
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Smitty-48
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Re: SARS Pt. 2 - Wuhan Boogaloo

Post by Smitty-48 » Mon Mar 09, 2020 9:33 am

XOM hit $40 then raised their dividend to 7.99%

So that's a buy for a values investor

But even down 10% Tesla is still way up at $632

So it depends on the sector, industrials are taking a beating, tech is weathering the storm
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TheReal_ND
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Re: SARS Pt. 2 - Wuhan Boogaloo

Post by TheReal_ND » Mon Mar 09, 2020 10:05 am

Image

Smitty-48
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Re: SARS Pt. 2 - Wuhan Boogaloo

Post by Smitty-48 » Mon Mar 09, 2020 10:30 am

The aliens could be a novel virus unto themselves

That's my favorite Space Alien trope

In my space opera, I tend to go with Invasion of the Body Snatchers over arthropods
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SuburbanFarmer
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Re: SARS Pt. 2 - Wuhan Boogaloo

Post by SuburbanFarmer » Mon Mar 09, 2020 10:33 am

Smitty-48 wrote:
Mon Mar 09, 2020 8:17 am
heydaralon wrote:
Mon Mar 09, 2020 6:08 am
sounds like a good time to invest
It's not that far down yet in the grand scheme of things

It was at a very high valuation to start off with, so it's not really into absolute value discounts yet.
Not even close, yep. You’d have to see a 50% drop to catch up to 2012 or so.
SJWs are a natural consequence of corporatism.

Formerly GrumpyCatFace

https://youtu.be/CYbT8-rSqo0

Smitty-48
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Re: SARS Pt. 2 - Wuhan Boogaloo

Post by Smitty-48 » Mon Mar 09, 2020 10:36 am

SuburbanFarmer wrote:
Mon Mar 09, 2020 10:33 am
Smitty-48 wrote:
Mon Mar 09, 2020 8:17 am
heydaralon wrote:
Mon Mar 09, 2020 6:08 am
sounds like a good time to invest
It's not that far down yet in the grand scheme of things

It was at a very high valuation to start off with, so it's not really into absolute value discounts yet.
Not even close, yep. You’d have to see a 50% drop to catch up to 2012 or so.
Indeed, at this point we are just back to 2019, nobody is likely to make a mint on AMZN at $1880.00

The stocks everybody wants are just correcting slightly, they're not actually in a plunge on the long view
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