Coronavirus/Economy/Stock Market

[Coronita]

[quote=ltsddd]Sell in May and go away? When exactly in May – the 1st or 31st? I’ve taken a little $$ off the table the last few sessions. Small caps is up roughly 40% since beginning of April.[/quote]

I don’t think this general rule applies since we had a major correction in march/april. It didn’t apply last year as well.

[Coronita]

This blog seemed to have died down ever since the markets have stopped crashing and burning…hmm.

[The-Shoveler]

This Blog is only good when the world is burning, unless you want to debate the benefits of socialism LOL.

[sdrealtor]

We could always try talking about real estate which is what I’ve been doing on the main thread but no one other than gzz seems to want to

[FlyerInHi]

Corona, you’re basically saying “buy the corrections” and “drip invest” during the good times.

Why not only “buy the corrections” for real estate when the corrections are cyclical and lot more knowable? Impulse control has good rewards.

You should have separate stock portfolios so you can gauge the performance of “buy the corrections” vs “drip invest”. One is definitely riskier than the other and requires a lot more management.

[Coronita]

[quote=The-Shoveler]This Blog is only good when the world is burning, unless you want to debate the benefits of socialism LOL.[/quote]

Well, since the stock market isn’t crashing and burning as before, I guess we’ll switch back to the the other favorite topic: “Right-Wing Media are Destroying Our Country”….at least until the stock market starts to nose dive again, where we can discuss the economy and the markets again.

Or we can talk about how the tourism and gaming industry is doing.

[Coronita]

I mean, maybe it’s just me, but it just seems really strange when the world seems to be on fire and crashing and burning, we get all this flury of activity here posting about how awful everything is, how things are going to continue to burn down, 50% off, can’t wait to make serious money on things, yada yada yada.

But when things aren’t that bad, when things recover, it’s like you can hear the crickets chirping.

It seems like this board has a propensity to celebrate failure, misery, crashes, people getting screwed…And I would even say that people actually enjoy seeing misery and hate anything positive.

I’m wondering if there is any case study about the growing trends of depression and a propensity of people gravitating towards negativity.

[FlyerInHi]

Corona, really? you’re the ones first to post about the corona virus.
And you just posted about the negative effects of mortgage forbearance.
You’re the one posting about making money from the stock market crash and unemployment.

[scaredyclassic]

[quote=Coronita]I mean, maybe it’s just me, but it just seems really strange when the world seems to be on fire and crashing and burning, we get all this flury of activity here posting about how awful everything is, how things are going to continue to burn down, 50% off, can’t wait to make serious money on things, yada yada yada.

But when things aren’t that bad, when things recover, it’s like you can hear the crickets chirping.

It seems like this board has a propensity to celebrate failure, misery, crashes, people getting screwed…And I would even say that people actually enjoy seeing misery and hate anything positive.

I’m wondering if there is any case study about the growing trends of depression and a propensity of people gravitating towards negativity.[/quote]

the world is crashing, but the stock amrket isn’t the world, or the economy. it’s something else. more symbolic, more magical.

it tends to go up, as the shamans decree it must. and it does. augurs, seers, soothsayers. tell us the future

that’s what we love; the sense that it is all comprehensible, all analyzable, that it makes sense.

but it defeinitely does not.

patterns of charts, are no different than reading the entrails of animals.

the financial news always explains things, after the fact,as if what happened is so clear, this caused that, therefore,t he price moved to x from y.

sure, right…

there is no reality there.

it’s the only game in town though. it’s the wampum of our time. it’s faith and fear and life and one’s salvation. it’s the only thing keeping you from being no one.

did someone mention burning skies?

burning sky? sky’s been burning in India for 3 days? good for the economy. “Lot of opportunity in a burning sky”. Marc Maron’s end times special on netflix, really funny.

me, i just have auto deposits, i assume terrible news is good news, good news is bad news, and I can’t even tell the difference between the 2 anymore. i woudnt buy more, i wouldnt buy less, i wouldnt do anything different re the stock market.

but the stock market going up, or down, isn’t misery or happiness. someone’s making money in either direction. it’s just a wave, a flow. the money doesn’t disappear, it just goes somewhere else. somewhere not so dumb.

anyone who thinks they can predict the price of the market 12 months from now would do just as well with tarot cards as raw data.

[svelte]

I think the reason this board gets busy when times get tumultuous is that we’re all trying to figure out how to handle it. We realize things have changed and need to make decisions in a hurry.

Most of us on this board are the type that like to think things through and evaluate the data before deciding on a path forward.

During tumultuous times, and especially this pandemic, it has been hard to get real data and even harder to make sense of the data we do get. So we look to each other for interpretations.

That’s my 2 cents anyway.

[scaredyclassic]

[quote=svelte]I think the reason this board gets busy when times get tumultuous is that we’re all trying to figure out how to handle it. We realize things have changed and need to make decisions in a hurry.

Most of us on this board are the type that like to think things through and evaluate the data before deciding on a path forward.

During tumultuous times, and especially this pandemic, it has been hard to get real data and even harder to make sense of the data we do get. So we look to each other for interpretations.

That’s my 2 cents anyway.[/quote]

yes. it is good to hear the thoughts of intelligent people

[FlyerInHi]

I feel like Corona wants to have his cake and eat it too. He selectively wants to be negative then bitches about other people’s posts, which itself is negative.

For example: wow we’re becoming the “United States of France”, too many regulations in California, maybe move to Colorado, deficits are so bad for the economy….. If those are so bad, then does it not follow that bad things will happen?

[FlyerInHi]

[quote=scaredyclassic][quote=Coronita]I mean, maybe it’s just me, but it just seems really strange when the world seems to be on fire and crashing and burning, we get all this flury of activity here posting about how awful everything is, how things are going to continue to burn down, 50% off, can’t wait to make serious money on things, yada yada yada.

But when things aren’t that bad, when things recover, it’s like you can hear the crickets chirping.

It seems like this board has a propensity to celebrate failure, misery, crashes, people getting screwed…And I would even say that people actually enjoy seeing misery and hate anything positive.

I’m wondering if there is any case study about the growing trends of depression and a propensity of people gravitating towards negativity.[/quote]

the world is crashing, but the stock amrket isn’t the world, or the economy. it’s something else. more symbolic, more magical.

it tends to go up, as the shamans decree it must. and it does. augurs, seers, soothsayers. tell us the future

that’s what we love; the sense that it is all comprehensible, all analyzable, that it makes sense.

but it defeinitely does not.

patterns of charts, are no different than reading the entrails of animals.

the financial news always explains things, after the fact,as if what happened is so clear, this caused that, therefore,t he price moved to x from y.

sure, right…

there is no reality there.

it’s the only game in town though. it’s the wampum of our time. it’s faith and fear and life and one’s salvation. it’s the only thing keeping you from being no one.

did someone mention burning skies?

burning sky? sky’s been burning in India for 3 days? good for the economy. “Lot of opportunity in a burning sky”. Marc Maron’s end times special on netflix, really funny.

me, i just have auto deposits, i assume terrible news is good news, good news is bad news, and I can’t even tell the difference between the 2 anymore. i woudnt buy more, i wouldnt buy less, i wouldnt do anything different re the stock market.

but the stock market going up, or down, isn’t misery or happiness. someone’s making money in either direction. it’s just a wave, a flow. the money doesn’t disappear, it just goes somewhere else. somewhere not so dumb.

anyone who thinks they can predict the price of the market 12 months from now would do just as well with tarot cards as raw data.[/quote]

Your writing is so poetic and beautiful. I bet your English composition professor gave you all A+++ in college.

[Coronita]

My goodness, this company screams fraud…

https://finance.yahoo.com/quote/ABIO

$7 stock to $19 in one day. It seems like people are going crazy over any company that is trying to introduce anything related to covid testing or a vaccine, even if it’s meritless.

[Hobie]

Scardy: You know you have made it when you get your own stalker 😉

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