03-04-2020, 04:29 PM
(03-04-2020, 04:14 PM)kblake Wrote: Added a little BA this morning. Hoping it comes down a bit more so I can buy more. It would be nice if the dividend was 3%. Were almost there.
DIS wanted; but my order didn't fill at $115. I'm sure it will in the coming days.
Today's rally should have never happened. Why because Biden won lol. Nothing has changed. The same problems still exist out there.
This is a true bull market bounce. It's going to ignore anything but absolute death and destruction from the flu. When the flu wrecks earnings projections the analysts will adjust estimates down and we'll rejoice when we meet them. Just like last year. As I mentioned in the other thread, the politics are even more ridiculous. The market was worried about Sanders, but two weeks before it was OK because most believed he couldn't beat Trump. So today we rejoice the rise of Biden. A few weeks will pass, and the polls will indicate he can possibly beat Trump. That will probably crash the market for a minute. Biden is Obama V2 IMO. That didn't hurt my wallet any. I am going to try to ignore the politics, but it will surely cause some volatility. If Sanders is truly out of the picture, politics are now just noise to me.