Dow?
- Thread starter irvinehomeowner
- Start date
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It probably will be worse before it gets better.
Vaccine is still a year away from developed. It always takes longer to bounce backup.
Right! Productivity, good and service output will be keys numbers to look at. We are yet to know how much productivity is lost. Between the spiked of confirm cases here in the US, and the oil war the market reacted violently. Two major University in CA are doing remote teaching and learning. Major events canceled. And more....
Imagine if credit market stop functioning it will be the next big black swan to watch. No question about that the FED will likely cut another 50 basis point at March 18 meeting, Will this stop the shedding, probably not, but it does provide more liquidity. We gonna need helicopter money drops and use of unconventional monetary tools, a massive fiscal policies kick in for some sort of stability. Then it might run up for a little while but fundamentally it still pretty fudgely, ugly.
Any percent is a guess right now.
Seem attractive that it cratered sharply. And dividend is pretty high, but be cautious as when cash strapped, even blue chips will relinquish dividend % or all to keep them afloat.
Not that it will happen just have to come in with opens eyes. Happened to me, so high dividend is to attract new money. Does not mean that it can guarantee forever.
Made money with FB IPO, bought at 38, then it dipped soon after. Held for 6 months then sold all at 58. I thought it gonna go back below ipo price after I sold. Once they figured how to make money from advertising, FB took off but I never look back.
sgip
Well-known member
Perhaps this is something for another thread, but let's say on January 9th, you thought that during the week of March 9th we'd see the market where it is right now. Assuming a $100k stock portfolio, what would you have done January 9th, and where do you think your $100k would be March 9th?
My .02c
My .02c
irvinehomeowner
Well-known member
So far 2020 has 5 of the top 10 Dow drops... with today being the largest.
Who wants to predict now? Closer to 20k or 30k this year?
Who wants to predict now? Closer to 20k or 30k this year?
irvinebullhousing
Well-known member
irvinehomeowner said:
It probably will be worse before it gets better.
Vaccine is still a year away from developed. It always takes longer to bounce backup.
usctrojancpa
Well-known member
The thing that may push the market down further is companies lowering guidance and missing earnings.
irvinebullhousing
Well-known member
USCTrojanCPA said:
Right! Productivity, good and service output will be keys numbers to look at. We are yet to know how much productivity is lost. Between the spiked of confirm cases here in the US, and the oil war the market reacted violently. Two major University in CA are doing remote teaching and learning. Major events canceled. And more....
Imagine if credit market stop functioning it will be the next big black swan to watch. No question about that the FED will likely cut another 50 basis point at March 18 meeting, Will this stop the shedding, probably not, but it does provide more liquidity. We gonna need helicopter money drops and use of unconventional monetary tools, a massive fiscal policies kick in for some sort of stability. Then it might run up for a little while but fundamentally it still pretty fudgely, ugly.
Any percent is a guess right now.
aquabliss
Well-known member
Noticed that XOM now paying 8%+ dividend. Not a bad place to park some $ you don?t need for awhile and just collect or reinvest dividend for additional shares. Don?t know where the bottom is for this stock but the company has deep pockets and isn?t going away anytime soon.
If I had $1M sitting around, seems like a nice place to put it for guaranteed cash-flow.
If I had $1M sitting around, seems like a nice place to put it for guaranteed cash-flow.
morekaos
Well-known member
Seriously, what has been your experience with this? most I talked to are pissed. Lawsuits imminent...remember this happened in 2001-02 with Ameritrade, E-Trade and others
Robinhood goes down again, causing clients to miss out on another historic trading day
Robinhood experienced another major outage on Monday.
?Trading is currently down on Robinhood and we?re investigating the issue,? the Silicon Valley start-up said shortly after the opening bell.
Robinhood?s outage comes after days of technical problems starting Monday, March 2, when clients missed out on the biggest one-day point gain in Dow in history.
https://www.cnbc.com/2020/03/09/robinhood-app-down-again-during-another-historic-trading-day.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail
eyephone said:
Robinhood goes down again, causing clients to miss out on another historic trading day
Robinhood experienced another major outage on Monday.
?Trading is currently down on Robinhood and we?re investigating the issue,? the Silicon Valley start-up said shortly after the opening bell.
Robinhood?s outage comes after days of technical problems starting Monday, March 2, when clients missed out on the biggest one-day point gain in Dow in history.
https://www.cnbc.com/2020/03/09/robinhood-app-down-again-during-another-historic-trading-day.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail
irvinebullhousing
Well-known member
aquabliss said:
Seem attractive that it cratered sharply. And dividend is pretty high, but be cautious as when cash strapped, even blue chips will relinquish dividend % or all to keep them afloat.
Not that it will happen just have to come in with opens eyes. Happened to me, so high dividend is to attract new money. Does not mean that it can guarantee forever.
morekaos
Well-known member
Oxy massively cut its dividend today so proceed with caution.
The company has also decided to cut its quarterly dividend from 79 cents per share to 11 cents per share. The spending and dividend cuts together put the company?s break-even WTI price in the low $30s, Hollub said.
The company has also decided to cut its quarterly dividend from 79 cents per share to 11 cents per share. The spending and dividend cuts together put the company?s break-even WTI price in the low $30s, Hollub said.
irvinebullhousing
Well-known member
Mety said:
Made money with FB IPO, bought at 38, then it dipped soon after. Held for 6 months then sold all at 58. I thought it gonna go back below ipo price after I sold. Once they figured how to make money from advertising, FB took off but I never look back.